Tesla shares tumble as Trump, Musk escalate attacks: ‘Elon's politics continue to harm stock'
New York Post· 2025-06-05 17:11
Elon Musk, CEO of Tesla and self-proclaimed “First Buddy” of President Trump, has stepped up criticism of the president’s massive tax legislation in recent days. Investors are starting to notice.Tesla shares dropped more than 5% on Thursday on a day otherwise devoid of news for the electric vehicle maker, leading traders to speculate that Musk’s increasingly pointed rhetoric suggests strain in the relationship that has benefited his sprawling empire of businesses.President Trump said on Thursday that Musk w ...
Here's Why You Should Add PacBio Stock to Your Portfolio Now
ZACKS· 2025-06-05 17:11
Key Takeaways PacBio beat first-quarter estimates with higher margins and a narrower adjusted operating loss. PACB's Revio and Vega systems drove adoption across research, clinical, and academic markets. PacBio targets $45 to $50 million in annual cost savings via restructuring by the end of 2025.Pacific Biosciences of California, Inc. (PACB) , popularly known as PacBio, has been gaining from its continued product development. The optimism, led by decent first-quarter results, is expected to contribute fu ...
5 Bargain Stocks With Low P/S Ratios & High Growth Return Potential
ZACKS· 2025-06-05 17:11
Key Takeaways The P/S ratio helps uncover value in early growth or unprofitable firms wherein earnings are minimal. Value picks were screened using P/S, P/E, P/B, debt/equity, price floor, the Zacks Rank and the Value Score. JAKK, GDOT, SIG, ROCK and PFE show low price-to-sales ratios with solid upside potential.Investing in stocks based on valuation metrics is considered a smart strategy. The price-to-earnings (P/E) ratio is often the go-to metric due to its simplicity and ease of use. However, the price ...
Rigetti Rides Quantum Momentum: Will Strategic Deals Boost Growth?
ZACKS· 2025-06-05 17:11
Key Takeaways RGTI formed a partnership with Quanta, including a $35 million equity investment to boost development. Rigetti and Quanta will each invest over $100 million in five years to scale quantum processors. RGTI aims to deploy Ankaa-3 and leverage Quanta's scale to enter the enterprise and academic sector.Rigetti Computing (RGTI) marked a significant milestone in February by entering a strategic collaboration with Quanta Computer, a global leader in electronics manufacturing. This agreement reflect ...
Gilead's HIV Pipeline Gains Traction With Upcoming FDA Decision For HIV-1 Drug
Benzinga· 2025-06-05 17:09
In February, the U.S. Food and Drug Administration (FDA) accepted Gilead Sciences, Inc.’s GILD New Drug Application (NDA) submissions for lenacapavir — the company’s twice-yearly injectable HIV-1 capsid inhibitor — for the prevention of HIV as pre-exposure prophylaxis (PrEP).What Happened: The FDA will review the applications under priority review and has assigned a Prescription Drug User Fee Act (PDUFA) target action date of June 19, 2025.In June 2024, Gilead Sciences shared topline results from an interim ...
Shareholders that lost money on Organon & Co. (OGN) Urged to Join Class Action – Contact Levi & Korsinsky to Learn More
GlobeNewswire News Room· 2025-06-05 17:09
NEW YORK, June 05, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Organon & Co. ("Organon" or the "Company") (NYSE: OGN) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Organon investors who were adversely affected by alleged securities fraud between October 31, 2024 and April 30, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/organon-co-lawsuit-submission-for ...
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of June 17, 2025 in NET Power, Inc. Lawsuit – NPWR
GlobeNewswire News Room· 2025-06-05 17:09
NEW YORK, June 05, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in NET Power, Inc. ("NET Power, Inc." or the "Company") (NYSE: NPWR) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of NET Power, Inc. investors who were adversely affected by alleged securities fraud between June 9, 2023 and March 7, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/net-power-inc-lawsu ...
Krispy Kreme, Inc. Sued for Securities Law Violations - Contact Levi & Korsinsky Before July 15, 2025 to Discuss Your Rights – DNUT
GlobeNewswire News Room· 2025-06-05 17:09
NEW YORK, June 05, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Krispy Kreme, Inc. ("Krispy Kreme, Inc." or the "Company") (NASDAQ: DNUT) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Krispy Kreme, Inc. investors who were adversely affected by alleged securities fraud between February 25, 2025 and May 7, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/krisp ...
Compass Group Diversified Holdings, LLC Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky Before July 8, 2025 to Discuss Your Rights – CODI
GlobeNewswire News Room· 2025-06-05 17:09
NEW YORK, June 05, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Compass Group Diversified Holdings, LLC ("Compass Diversified" or the "Company") (NYSE: CODI) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Compass Diversified investors who were adversely affected by alleged securities fraud between May 1, 2024 and May 7, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.co ...
Former Meme Stock GameStop Buzzing Before Earnings
Schaeffers Investment Research· 2025-06-05 17:08
GameStop Corp (NYSE:GME) is gearing up to announce first-quarter results after the close on Tuesday, June 10. The company was in the spotlight after its board approved plans to use corporate dollars to buy Bitcoin (BTC), a move that is part of its investment strategy.GameStop stock has a generally positive history of post-earnings moves, finishing five of its last eight earnings reports higher, including an 11.7% pop in March. GME averaged a next-day swing of 13.8%, regardless of direction, in the last two ...