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Why Applied Digital Stock Is Soaring Today
The Motley Fool· 2025-01-15 00:52
Applied Digital (APLD 8.56%) stock is posting big gains in Tuesday's trading. The company's share price was up 9.4% as of 11:30 a.m. ET and had been up as much as 25.1% earlier in the day's trading.Applied Digital is soaring today following news that Macquarie Asset Management will be investing up to $5 billion in the company. The stock is also getting a boost from the latest inflation report from the Bureau of Labor Statistics.Applied Digital surges on investment deal and macroeconomic newsApplied Digital ...
First Solar Shines Through Cloudy Market
Seeking Alpha· 2025-01-15 00:52
First Solar (NASDAQ: FSLR ) is an American manufacturer of solar panels. FSLR is the only American company in the top 10 list of largest manufacturers, being #10, and the leader in CdTe (cadmium telluride) modules.BuildingBenjamins is a free stock picking and market commentary investment newsletter. Building Benjamins is the DBA (doing businesses as) publishing entity for Tradition Investment Management, LLC, a registered investment adviser. Benjamin Halliburton, our founder, also founded Tradition Capital ...
SHAREHOLDER ALERT: Class Action Lawsuit Filed on Behalf of Pacira BioSciences, Inc. (PCRX) Investors – Holzer & Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm
GlobeNewswire News Room· 2025-01-15 00:51
ATLANTA, Jan. 14, 2025 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against Pacira BioSciences, Inc. (“Pacira” or the “Company”) (NASDAQ: PCRX). The lawsuit alleges that Defendants created the false impression that Pacira had sufficient patent protections on Exparel, and as such, the ability to expand the marketing, production, and sales of Exparel. The lawsuit alleges that Pacira knew that the ‘495 patent was not as protective as Defendants publicly touted. If you bought shares of ...
iRobot Stock Down on Weaker-Than-Expected Q4 Preliminary Results
ZACKS· 2025-01-15 00:50
iRobot Corporation (IRBT) recently reported fourth-quarter 2024 preliminary financial results. The company’s shares plunged 21.7% yesterday to close the trading session at $8.18, as its preliminary results fell short of the guidance.Based on its preliminary results, iRobot is expected to generate revenues of approximately $171 million in the fourth quarter. It anticipates reporting a GAAP operating loss of approximately $59 million while non-GAAP operating loss is projected to be about $47 million.Previousl ...
Archer Aviation: Asymmetric Upside If You Can Stomach The Ride
Seeking Alpha· 2025-01-15 00:50
If you liked this idea, sign up for a no-obligation free trial of my Seeking Alpha Marketplace service, Timely Trader ! I sift through various asset classes to find the best places for your capital, helping you maximize your returns. Timely Trader seeks to find winners before they become winners, and keep you out of losers. In addition, you get access to our community via chat, direct access to me, real-time price alerts, a model portfolio, and more.The current bull market has given rise to massive speculat ...
CFPB Sues Capital One, Alleging Misleading Promotion of ‘Highest' Rates
PYMNTS.com· 2025-01-15 00:48
The Consumer Financial Protection Bureau (CFPB) sued Capital One Tuesday (Jan. 14), alleging that the bank promoted one savings account as offering one of the nation’s “highest” interest rates at the same time it offered another one that paid out rates that were as much as 14 times higher.The regulator’s lawsuit seeks to put a stop to Capital One’s alleged unlawful conduct, provide redress for harmed consumers and impose civil money penalties that would be paid into its victims relief fund, the CFPB said in ...
Five Below Holiday Sales Climb 8.7% Despite Comparable Sales Dip
ZACKS· 2025-01-15 00:46
Five Below, Inc. (FIVE) has showcased a stellar performance during the holiday season, underscoring the exceptional ability to connect with consumers looking for affordable and trendy products. This high-growth value retailer posted an 8.7% increase in net sales for the quarter-to-date period from Nov. 3, 2024 through Jan. 4, 2025 (Holiday Period).FIVE Holiday Sales SnapshotFive Below generated net sales of $1.19 billion during the Holiday Period, up from $1.10 billion reported in the comparable nine-week p ...
Honeywell & Verizon Partner to Launch Retail Lifecycle Solution
ZACKS· 2025-01-15 00:46
Honeywell International Inc. (HON) recently partnered with Verizon Communications Inc. (VZ) to introduce a transformative bundled technology solution for retail and logistics companies. This solution integrates Honeywell's hardware, software and services with Verizon's 5G connectivity to optimize retail operations.Based in New York, Verizon offers communication services such as local phone service, long-distance, wireless and data services to consumers, businesses and government agencies. The company operat ...
Meta targeting lowest-performing employees in latest round of layoffs
CNBC· 2025-01-15 00:45
Meta CEO Mark Zuckerberg makes a keynote speech during the Meta Connect annual event, at the company's headquarters in Menlo Park, California, U.S. September 25, 2024.Meta is set to cut about 5% of its workforce, focusing on the company's lowest-performing workers, CNBC confirmed Tuesday.Bloomberg was first to report the cuts, citing an internal memo."We typically manage out people who aren't meeting expectations over the course of a year, but now we're going to do more extensive performance-based cuts duri ...
Why Aehr Test Systems Stock Is Plummeting Today
The Motley Fool· 2025-01-15 00:45
Aehr Test Systems (AEHR -26.52%) stock is seeing huge sell-offs in Tuesday's trading. The company's share price was down 25.5% as of 11:35 a.m. ET. Meanwhile, the S&P 500 index was flat and the Nasdaq Composite index was down 0.1%.After the market closed yesterday, Aehr published results for the second quarter of its current fiscal year -- which ended Nov. 29. In addition to sales and earnings performance for the period coming in below expectations, the company also issued forward guidance that disappointed ...