Core Viewpoint - A class action securities lawsuit has been filed against Snap Inc. due to alleged securities fraud that negatively impacted investors between April 29, 2025, and August 5, 2025 [1] Group 1: Lawsuit Details - The lawsuit claims that Snap provided overly positive statements while concealing material adverse facts about its advertising revenue growth rate, which dropped from 9% in Q1 to only 1% in April 2025 [2] - Following the announcement of its Q2 2025 financial results on August 5, 2025, Snap disclosed a slowdown in advertising revenue growth, attributing it to issues with its ad platform and other factors [2] - Snap's stock price fell from $9.39 per share on August 5, 2025, to $7.78 per share on August 6, 2025, marking a decline of approximately 17.15% in one day [2] Group 2: Next Steps for Investors - Investors who suffered losses during the relevant timeframe have until October 20, 2025, to request to be appointed as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4]

Core Viewpoint - Elon Musk's companies, xAI and X, have filed a lawsuit against Apple and OpenAI, alleging an anticompetitive scheme to suppress AI competitors and maintain monopolies in the smartphone and generative AI markets [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Apple and OpenAI have "colluded" to hinder competition in the smartphone and generative AI sectors [1]. - It specifically accuses Apple of deprioritizing "super apps" and generative AI chatbot competitors, including xAI's Grok, in its App Store rankings [2]. - The complaint warns that without court intervention, the defendants will continue their unlawful conduct, negatively impacting competitors like xAI [2].

NEW YORK, Aug. 25, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Snap Inc. (NYSE: SNAP).Shareholders who purchased shares of SNAP during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/snap-inc-loss-submission-form-3/?id=163030&from=4 CLASS PERIOD: April 29, 2025 to August 5, 2025A ...

Appaloosa's billionaire investor went on an AI hardware buying spree during the second quarter, while simultaneously sending shares of money managers' favorite AI stock to the chopping block.For three years, the evolution of artificial intelligence (AI) hardware and software solutions has dominated the newswires on Wall Street -- and with good reason. Based on one estimate from the analysts at PwC, AI can lift global gross domestic product by $15.7 trillion in 2030. This is a big enough pie where a long lis ...

V i e w p o i n t | 20 Aug 2025 05:00:00 ET │ 41 pages North America Internet Internet Traffic Trends Analysis: Positive Trends for META, AMZN, DASH, UBER, EBAY, W, GDDY CITI'S TAKE July website traffic from Similarweb and app data from Sensor Tower, data aggregated in partnership with Citi's Research Innovation Lab, highlight positive trends for META, AMZN, DASH, UBER, EBAY, W, and GDDY, and mixed-trends for Online Travel and SMB Servicers. On META, we highlight IG's mins/DAU rose +12% Y/Y to ~53 mins, lik ...

Core Viewpoint - Tech companies are not just following trends; they are actively shaping them, making them essential for long-term investment strategies [1][14]. Group 1: Importance of Tech Stocks - Tech stocks are crucial for investment portfolios due to their role in innovation and development, contributing to significant advancements like personal computers, online banking, and AI [2]. - The tech-heavy Nasdaq Composite has increased nearly 18% over the last 12 months, outperforming both the Dow Jones Industrial Average and the S&P 500 [3]. Group 2: Company Analysis Nvidia - Nvidia is the largest company by market capitalization, with a recent market cap of $4.2 trillion, down from $4.4 trillion due to a pullback [5]. - The company specializes in designing GPUs used in data centers for advanced computing tasks, including AI and large language models [6]. - Nvidia's CUDA platform is popular among developers, providing a competitive advantage that is expected to maintain its market share in the GPU sector [6]. - Upcoming fiscal results for Q2 2026 are anticipated to be strong, with a focus on management's guidance regarding the resumption of H20 AI chip sales to China [7]. Taiwan Semiconductor Manufacturing - Taiwan Semiconductor is the leading third-party chip foundry, manufacturing nearly 12,000 products for 522 customers in 2024 [8]. - The company is involved in about 85% of all semiconductor start-up product prototypes, making it a strong investment in the semiconductor sector [9]. - Taiwan Semiconductor is investing $165 billion to expand its manufacturing and R&D facilities in Arizona, aiming to reduce exposure to geopolitical tensions [10]. Meta Platforms - Meta Platforms operates major social media platforms with an average of 3.48 billion daily users, reflecting a 6% increase in daily active users year-over-year [11]. - The company reported $47.5 billion in revenue for Q2, a 22% increase from the previous year, driven by an 11% rise in ad impressions [12]. - Meta's AI platform is enhancing its advertising effectiveness and contributing to its revenue growth [13]. Group 3: Investment Outlook - Companies like Nvidia, Taiwan Semiconductor, and Meta Platforms are expected to remain at the forefront of their industries, making them suitable for buy-and-hold investment strategies [14].

Core Insights - Investing in high-growth stocks can lead to significant wealth accumulation over time, particularly in companies that demonstrate substantial revenue and profit growth [1][2] Group 1: SoundHound AI - SoundHound AI is capitalizing on the growing demand for AI-driven voice assistants, particularly in quick-service restaurants and automotive sectors [4][6] - The company reported a remarkable revenue increase of 217% year-over-year in Q2, although it continues to incur losses. However, adjusted EBITDA losses are narrowing, with expectations of turning positive by year-end [5][8] - The recent addition of vision capabilities to its voice AI platform expands its use cases, indicating a larger long-term growth opportunity than previously anticipated [7][8] Group 2: Reddit - Reddit boasts a highly engaged user base, with daily active unique users increasing by 21% year-over-year to over 110 million, contributing to a revenue surge of 78% in Q2 [9][10] - Operating within a $700 billion digital advertising market, Reddit generated $1.6 billion in trailing-12-month revenue, suggesting potential for sustained high double-digit growth [11] - The platform's unique discussion-based model allows for data monetization opportunities, with "other" revenue growing by 24% year-over-year, indicating diversification potential beyond advertising [12][13]

Core Viewpoint - A class action lawsuit has been filed against Snap Inc. for misleading investors regarding its advertising revenue and growth potential during the specified Class Period from April 29, 2025, to August 5, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Snap's management created a false impression of reliable advertising revenue information while downplaying macroeconomic instability [5]. - It is alleged that Snap's optimistic reports on advertising growth did not reflect the reality of its operational challenges, leading to investor damages when the truth was revealed [5]. Group 2: Participation Information - Investors who purchased Snap securities during the Class Period may be eligible for compensation without upfront costs through a contingency fee arrangement [2]. - Interested parties can join the class action by visiting the provided link or contacting the law firm directly [3][6]. Group 3: Law Firm Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest against a Chinese company at the time [4]. - The firm has consistently ranked highly in securities class action settlements and has recovered hundreds of millions for investors over the years [4].

[Music] Chinese tech stocks are roaring back this year, but they're still just a fraction of their multi- trillion dollar rivals when it comes to company size. Today, we're going to be exploring some of these matchups to highlight what makes each unique, why their stats look so different and what matters next for them. So, here's our map for the day.We've got three clean faceoffs, Alphabet and BYU in search and ads, then Amazon and Alibaba in e-commerce and also the cloud. Finally, Meta and Tencent in socia ...

Core Viewpoint - Meta is facing serious copyright allegations from Strike 3 Holdings, which claims that Meta has been using adult films to train its AI models without authorization, potentially infringing on the copyrights of 2396 films and engaging in over 100,000 unauthorized distribution transactions [2][17]. Group 1: Allegations Against Meta - Strike 3 Holdings accuses Meta of systematically using BitTorrent technology to illegally stream and share its adult films since 2018 for AI training purposes [2][12]. - The lawsuit claims that Meta not only downloaded these films but also continued to "seed" them for months, indicating active participation in the BitTorrent network [3][5]. - Evidence presented by Strike 3 Holdings shows that 47 IP addresses linked to the seeding activities are registered under Meta's name, suggesting a corporate-level involvement in the copyright infringement [4][5]. Group 2: Implications of the Allegations - The use of adult films for AI training may allow Meta to create highly realistic virtual adult content at minimal cost, raising ethical concerns about the company's practices [15][16]. - The lawsuit highlights that this strategy could expose minors to adult content by bypassing age verification mechanisms, as the films were originally paid content [14]. - Strike 3 Holdings demands that Meta cease its infringing activities, delete all unauthorized content used for AI training, and pay potential damages amounting to $359 million, with $150,000 per film [18][23]. Group 3: Meta's Response - Meta has stated that it is reviewing the lawsuit but believes the allegations from Strike 3 Holdings are inaccurate [22]. - Despite being informed of the alleged infringement, Meta's BitTorrent activities reportedly continued, raising questions about the company's compliance with copyright laws [20][21].