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Rosen Law Firm Encourages LifeMD, Inc. Investors to Inquire About Securities Class Action Investigation

Rosen Law Firm Encourages LifeMD, Inc. Investors to Inquire About Securities Class Action Investigation

Business Wire21 hours ago
NEW YORK--(BUSINESS WIRE)--Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of LifeMD, Inc. (NASDAQ: LFMD) resulting from allegations that LifeMD may have issued materially misleading business information to the investing public.
So What: If you purchased LifeMD securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
What to do next: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=43404 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action.
What is this about: On August 5, 2025, after the market closed, LifeMD reported its financial results for the second quarter of 2025. In this announcement, LifeMD announced revised guidance. Among other metrics, LifeMD stated that it was expecting total revenue in the range of $250 to $255 million, compared with previous guidance of $268 to $275 million.
On this news, the price of LifeMD stock plummeted 44.8% on August 6, 2025.
Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. At the time Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Attorney Advertising. Prior results do not guarantee a similar outcome.
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Here are Thursday's biggest analyst calls: Nvidia, Amazon, AMD, Cisco, CoreWeave, Sunrun & more
Here are Thursday's biggest analyst calls: Nvidia, Amazon, AMD, Cisco, CoreWeave, Sunrun & more

CNBC

timea minute ago

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Here are Thursday's biggest analyst calls: Nvidia, Amazon, AMD, Cisco, CoreWeave, Sunrun & more

Here are Thursday's biggest calls on Wall Street: Mizuho reiterates Nvidia, Dell and Advanced Micro Devices as outperform The firm raised its price target on several semis companies on Wednesday evening. "Raising Ests/PT for NVDA to $205 (prior $192) AMD to $205 (prior $183) as Hyperscaler capex continues to tick higher, while China adds another tailwind. Raise DELL PT to $160 (prior $150) with strong Tier 2 CSP [cloud service providers] ramps. " Bank of America adds Advanced Micro Devices to the US1 list Bank of America added the stock to its top ideas list. "We are adding Advanced Micro Devices (AMD) to the US 1 List." JPMorgan downgrades Li Auto neutral from overweight JPMorgan downgraded the China EV company on rising competition. "Li Auto (d/g to Neutral): We trim our 2025/26E volume and earnings by ~10-20%, reflecting the fast-changing competitive dynamic facing Li." Read more. Wells Fargo initiates Steel Dynamics as overweight Wells said it likes companies that have exposure to the U.S. "We prefer names with U.S. exposure, as we see steel prices supported by a drop in imports and inventory into year-end that can support mill pricing power. Top picks include STLD and CMC, while we're less confident in imminent relief from excess Chinese supply for more global players TX and MT." UBS initiates SiTime as buy UBS said the semis company has "big AI leverage." "We initiate coverage of SiTime (SITM) with a Buy rating and $260 PT (20% upside)." Citi reiterates CoreWeave as buy Citi said it's sticking with shares of CoreWeave. "The upcoming lock-up may further pressure shares, but we believe buyers will emerge with continuing strong AI demand and a capacity/revenue inflection in Q4/FY26." Rothschild & Co Redburn initiates Regeneron as buy The firm said it's bullish on shares of the biotech company. "For Regeneron , that cycle has been even more extreme: huge sector outperformance since 2012 until a dramatic reversal over the past year. Time for another look at the company? We think so and launch coverage with a Buy recommendation and a $890 price target. Stephens upgrades Asbury Automotive to overweight from equal weight Stephens said in its upgrade of the car detailing company that Asbury is starting to fire on all cylinders. "As part of our work on this note and upgrade, we spoke to numerous auto dealer leaders and operators who know David Hult, worked with him or worked for him. The feedback on CEO Hult is unanimous and consistent. He is a hands-on, attention to details operator." Deutsche Bank reiterates Amazon as buy Deutsche said it's cautiously optimistic on Amazon's grocery strategy. "Early yesterday, Amazon announced what it called "one of the most significant grocery expansions" in the company's history, with free SameDay delivery for US Prime users on perishable orders of $35 or more. While, Amazon's grocery strategy has been a bit of a moving target, and success has been uneven, we do believe that the new product could prove meaningful to Amazon's grocery volume in the medium term." HSBC upgrades dLocal to buy from neutral HSBC upgraded the fintech company following earnings. " dLocal has been exhibiting low earnings volatility and improving disclosures over the past year, and finally this quarter we saw a big EBIT beat (despite some one-off trends) and continued strong volumes." Mizuho upgrades MAA to outperform from neutral Mizuho said the real estate investment trust has an "underleveraged balance sheet." "We upgrade MAA t o Outperform ($150PT), given: accelerating blended rents into 2H25 and accelerating core and FFO/sh growth into 2026e; falling supply across MAA's core markets, suggesting less operating risk and supporting rent improvement; underleveraged balance sheet supporting external growth and further capital deployment." Morgan Stanley reiterates Cisco as overweight Morgan Stanley raised its price target on the stock to $73 per share from $70 following earnings. " Cisco's FQ4 posted upside about in-line with investor expectations, with AI orders accelerating." Cantor Fitzgerald initiates Workday as overweight Cantor said shares of the HR software company has an attractive entry point. "WDAY is a high-quality asset with a strong management team, entrenched competitive position in the enterprise, expanding growth vectors, and latent margin potential. The stock is trading near its all-time low EPS and FCF multiples, which we see as an attractive entry point with a positively skewed risk/reward ratio." Wells Fargo reiterates Sunrun as overweight Wells raised its price target on the stock to $14 per share from $8 and says the solar company remains a top idea. "We're raising our PT to $14/sh, based on a DCF framework: $8/sh of base value and $6/sh of terminal value (2030+). ... We continue to view RUN as a top pick in the residential solar space." Read more. Citi reiterates Microsoft as buy Citi said the tech giant remains a top idea at the firm. " MSFT remains a top pick in software, and we believe this week's announcement is another indication of the company's strong pricing power, which we believed combined with accelerating cloud/AI share gains can drive outsized returns." Barclays initiates Schrodinger as overweight Barclays said shares of the biotech company have plenty more room to run. " Schrödinger (SDGR) has a physics-based drug discovery platform that drives revenues, is used to develop partnered therapeutics programs, and helps fund and internally develop their own early stage pipeline of therapeutics." BTIG upgrades Kratos Defense and Security Solutions to buy from neutral The firm said it sees a slew of positive catalysts ahead for the defense solutions company. "We have consistently called out that the lack of a sizable program of record with steady procurement volumes is something that has kept us from seeing further upside for KTOS shares." Bank of America upgrades Sherwin-Williams to neutral from underperform Bank of America said its "thesis has played out" for Sherwin-Williams . "When we downgraded shares to Underperform, we were concerned about a deceleration in housing markets and sell-side estimates that were overly optimistic. Fundamentally, the thesis has played out, as same-store sales growth has declined to 0.8% and 2Q results and guidance fell short of expectations." Baird upgrades CVS to outperform from neutral Baird said the drug chain retailer is in the midst of a "healthcare benefits turnaround story." "We grow increasingly confident on CVS ' path to unlocking HCB [healthcare benefits] embedded earnings power of ~$5 EPS off 2024."

MiNK Therapeutics Reports Clinical and Strategic Milestones and Second Quarter 2025 Results
MiNK Therapeutics Reports Clinical and Strategic Milestones and Second Quarter 2025 Results

Yahoo

time27 minutes ago

  • Yahoo

MiNK Therapeutics Reports Clinical and Strategic Milestones and Second Quarter 2025 Results

Cash runway extended to deliver clinical program in GVHD and Ph2 results in 2L Gastric Cancer Department of Defense STTR Grant to advance INKTs in GVHD announced; program advancing New clinical grant awarded to launch AgenT-797 in GvHD clinical trial; target initiation 2H2025 NEW YORK, Aug. 14, 2025 (GLOBE NEWSWIRE) -- MiNK Therapeutics, Inc. (NASDAQ: INKT), a clinical-stage biopharmaceutical company pioneering allogeneic, off-the-shelf invariant natural killer T (iNKT) cell therapies, today announced financial results for the second quarter ended June 30, 2025, and provided a business update highlighting major clinical achievements, a strengthened balance sheet, and expanded funding to advance both oncology and immunology programs. 'In Q2, we demonstrated the power of our platform with high impact clinical results, publication of key clinical findings, and competitive, non-dilutive, federal funding,' said Jennifer Buell, Ph.D., President and Chief Executive Officer of MiNK Therapeutics. 'Since quarter-end, we further strengthened our financial position that extends our runway beyond mid-2026. With our cash position, coupled with two separate non-dilutive grants for the clinical advancement of allo-INKTs in GvHD — we can achieve substantial clinical program advancements.' Highlights from Q2 2025 Durable Complete Remission in Metastatic Testicular Cancer: Nature's Oncogene publication of a landmark case of a patient with treatment-refractory metastatic testicular cancer who achieved a durable complete remission following a single infusion of agenT-797 (allo-INKTs) in combination with checkpoint blockade. The patient remains disease-free more than two years post-treatment. Strengthened Balance Sheet: Increased cash reserves extending runway beyond mid-2026 to advance clinical programs. Department of Defense STTR Grant Awarded for GvHD: Competitive DOD STTR grant awarded to advance development of iNKTs for graft-versus-host disease (GvHD) prevention and treatment; program launched. NEW Clinical Grant Awarded for GvHD: Additional clinical competitive grant awarded to initiate a first-in-human clinical trial of iNKTs in GvHD, with trial initiation targeted in 2H2025. Progress in Phase 2 Gastric Cancer Study: Phase 2 trial of agenT-797 in second-line gastric cancer anticipated additional clinical readouts in 2025. Peer-Reviewed Review of iNKT Cell Therapy: A Frontiers in Immunology featured MiNK's platform, highlighting iNKT cells' can remodel the tumor microenvironment and overcome therapeutic resistance, showcasing CAR-iNKTs, such as MiNK-215 as a next-generation solution for solid tumors. Financial Highlights Cash Position: MiNK ended Q2 2025 with approximately $1.6 million in cash and cash equivalents and subsequently raised $13 million through equity sales, providing expected runway into mid-2026. Net Loss: Net loss for Q2 2025 was $4.2 million, or $1.06 per share, compared to $2.7 million, or $0.73 per share for Q2 2024. For the first half of 2025, net loss was $7 million, or $1.76 per share compared to $6.5 million or $1.82 per share for the first half of 2024. Current period results reflect ongoing activity supporting our agent-797 programs and non-cash expenses including the impact of repricing of certain equity awards. Summary Consolidated Financial Information Condensed Consolidated Balance Sheet Data (in thousands) (unaudited) June 30, 2025 Cash and cash equivalents $ 1,682 Cash raised since quarter end 13,012 Other Financial Information (in thousands) (unaudited) Three months ended June 30, Six months ended June 30, 2025 2024 2025 2024 Cash used in operations $ 1,569 $ 2,291 $ 2,910 $ 4,833 Non-cash expenses 1,501 491 2,336 1,141 Net loss 4,237 2,702 7,004 6,515 Net loss per share 1.06 0.73 1.76 1.82 Conference Call and Webcast Information MiNK will host a conference call and webcast on August 14, 2025, at 8:30 a.m. ET. To access the live call, please dial (800) 715-9871 (U.S.) or (646) 307-1963 (International) and reference conference ID 1149380. A live webcast and replay will be available in the Events & Presentations section of MiNK's investor website at About MiNK Therapeutics MiNK Therapeutics is a clinical-stage biopharmaceutical company pioneering the discovery, development, and commercialization of allogeneic invariant natural killer T (iNKT) cell therapies to treat cancer and other immune-mediated diseases. MiNK is advancing a pipeline of both native and next generation engineered iNKT programs, with a platform designed to facilitate scalable and reproducible manufacturing for off-the-shelf delivery. The company is headquartered in New York, NY. For more information, visit or @MiNK_iNKT. Information that may be important to investors will be routinely posted on our website and social media channels. Forward Looking Statements This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the federal securities laws. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially. These forward-looking statements are subject to risks and uncertainties, including the factors described under the Risk Factors section of the most recent Form 10-K, Form 10-Q. MiNK cautions investors not to place considerable reliance on the forward-looking statements contained in this release. These statements speak only as of the date of this press release, and MiNK undertakes no obligation to update or revise the statements, other than to the extent required by law. All forward-looking statements are expressly qualified in their entirety by this cautionary statement. Investor Contact917-362-1370 | investor@ Contact781-674-4422 | communications@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Stock market today: Dow, S&P 500, Nasdaq futures flat with PPI looming amid rate-cut fervor
Stock market today: Dow, S&P 500, Nasdaq futures flat with PPI looming amid rate-cut fervor

Yahoo

time27 minutes ago

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Stock market today: Dow, S&P 500, Nasdaq futures flat with PPI looming amid rate-cut fervor

US stock futures hovered around the flatline on Thursday as Wall Street awaited another pulse check on inflation after Tuesday's tepid figures sent rate-cut bets and markets soaring. Futures attached to the Dow Jones Industrial Average (YM=F) and the benchmark S&P 500 (ES=F) mostly traded flat. The tech-heavy Nasdaq 100 (NQ=F) also hovered around the flatline. Stocks extended their rally Wednesday, pushing the S&P 500 and Nasdaq to consecutive record highs. Bitcoin got a boost from mounting rate-cut bets, too, reaching a new record high Wednesday evening before scaling back on those gains. Euphoria over a possible September rate cut has swept Wall Street over the past two sessions after July's Consumer Price Index report showed inflation rose as expected, but not dramatically. Traders have now fully priced in a rate cut at the Fed's next meeting, even as some Fed policymakers continue to urge patience. On Thursday, investors will be eager to see if July's Producer Price Index (PPI) report falls in line with the CPI data that has boosted sentiment this week. Friday's release on July's retail sales numbers will this week's final economic data point. In corporate news, cryptocurrency exchange operator Bullish (BLSH) rose over 10% on Thursday before the bell, hovering around $77, more than double its IPO price of $37. Good morning. Here's what's happening today. Economic data: Initial jobless claims (week ending Aug. 9); Producer Price Index, (July); Earnings: (JD), Deere & Company (DE), Advanced Auto Parts (AAP), Birkenstock (BIRK), Applied Materials (AMAT), Nucor (NUE) Here are some of the biggest stories you may have missed overnight and early this morning: These stock market all-time highs aren't quite frothy 117-year high at busiest port in the US Earnings: Foxconn beats on AI demand, Deere profit falls Bullish stock tops $75 after strong IPO debut US oil producers say OPEC+ 'price war' will halt shale boom Rate cut next month doesn't seem warranted: Fed's Daly Trump's Treasury set to decide fate of of wind, solar projects Trump-fueled crypto frenzy sparks rush to Wall Street IPOs 'Tesla shame' bypasses Norway as sales jump despite Musk's politics Amazon grocery push stocks still in focus When Amazon (AMZN) goes big on something, usually the stock prices of its competitors get beat up. The latest example came on Wednesday Amazon announced plans to expand its 1,000-city fresh and perishable same-day grocery delivery to 2,300 cities by year-end. Huge deal for the grocery industry. Albertson's (ACI) and Kroger (KR) — aka traditional grocers — saw their share prices nailed. I think this is a big deal for the industry and for Amazon. The impact of Amazon's move won't be felt overnight, but just like the company's impact on department stores in recent years the aftershocks will be felt over time. EvercoreISI analyst Michael Montani with some good thoughts this morning: "While Amazon's actions increase competitive intensity, we see the change as incremental in what remains a relatively rational competitive backdrop. Consumers should win as we believe traditional grocers (and some mass players) will likely respond by reducing or eliminating their own delivery fees over time. Membership programs like Kroger Boost and Albertsons FreshPass take on an ever more important function for driving loyalty and eliminating delivery fees. We see a parallel to what happened to the traditional curbside pickup fee 3-5 years ago, namely it went away. Bigger picture, we see three mega themes playing out to shape grocery into the second half of 2025 – a) value seeking given that the elevated spread between grocery and restaurant pricing trade down into food at home should persist, b) healthy eating – demographic shifts, social media and even MAHA should combine to keep better for you products growing at around 3-4% vs. the 2.5-3% we consider normal for the broader grocery market, and c) multichannel as evidenced by our latest eCommerce survey consumers continue to prioritize the convenience of multichannel when considering where to shop in the future." I don't hate this Cisco quarter Cisco (CSCO) is always a tricky play around its earnings report. The company isn't a fast grower, and what the Street focuses on tends to shift from quarter to quarter. Sometimes its profit margins, sometimes its product orders, sometimes it's the outlook. Going through the latest, I don't hate the quarter and outlook. Gross margins were up across the board, the AI narrative and numbers were solid as well. Some weakness in the security business as expected, but the demand drivers out there suggest new full year guidance could be conservative. "We think investors should look past Public Sector weakness, which likely hurt Security growth, given the opportunity around Hyperscaler/Enterprise AI, Neoclouds, and Sovereign could quickly offset the weakness. We continue to like Cisco for these drivers of growth, and when paired with a mix shift toward software/subscription over time, healthy free cash flow growth, and shareholder returns, we believe a premium to historical valuations is warranted," KeyBanc analyst Brandon Nispel said. I am live on Opening Bid today around 9:40am ET with Cisco's new CFO Mark Patterson. So we'll get to pull apart the numbers and guidance further! Bullish stock rises to $75 after IPO debut Yahoo Finance's breaking news reporter Jake Conley looks into the Bullish (BLSH) stock market debut. Cryptocurrency exchange operator Bullish (BLSH) rose 8% on Thursday before the bell, reaching $75, doubling its IPO price of $37 and valuing the company at more than $10 billion. Still, this marked around a 16% drop from where the stock opened for trade. Bullish stock opened for trade at $90 near 1:00 p.m. ET on Wednesday, and the stock traded hands as high as $118 per share shortly after, a more than 215% gain. The stock was halted for trade due to volatility at least twice within the first few minutes of trading. The company, which operates a crypto exchange and owns the prominent trade publication CoinDesk, priced its IPO at $37 per share on Tuesday, above the $32 to $33 range the company had expected in its second shot at making a public market debut. Bullish began its IPO processes looking for a price between $28 to $31 per share. At 30 million shares offered, the IPO price saw Bullish raise $1.1 billion and value the fintech company at $5.41 billion. Bullish first attempted to go public via a SPAC merger in 2021 that would have valued the company at $9 billion, but the deal fell through after regulatory scrutiny and Bullish withdrew its registration. Read more here Nvidia partner Foxconn profit jumps after AI spending rises Foxconn, also known as Hon Hai Precision Industry Co., ( HNHPF, HNHAF) said on Thursday it expects higher third-quarter revenue due to robust demand for its artificial intelligence servers, which has helped the world's largest contract electronics maker beat forecasts and see a 27% increase in second-quarter profit. Reuters reports: Read more here. Good morning. Here's what's happening today. Economic data: Initial jobless claims (week ending Aug. 9); Producer Price Index, (July); Earnings: (JD), Deere & Company (DE), Advanced Auto Parts (AAP), Birkenstock (BIRK), Applied Materials (AMAT), Nucor (NUE) Here are some of the biggest stories you may have missed overnight and early this morning: These stock market all-time highs aren't quite frothy 117-year high at busiest port in the US Earnings: Foxconn beats on AI demand, Deere profit falls Bullish stock tops $75 after strong IPO debut US oil producers say OPEC+ 'price war' will halt shale boom Rate cut next month doesn't seem warranted: Fed's Daly Trump's Treasury set to decide fate of of wind, solar projects Trump-fueled crypto frenzy sparks rush to Wall Street IPOs 'Tesla shame' bypasses Norway as sales jump despite Musk's politics Economic data: Initial jobless claims (week ending Aug. 9); Producer Price Index, (July); Earnings: (JD), Deere & Company (DE), Advanced Auto Parts (AAP), Birkenstock (BIRK), Applied Materials (AMAT), Nucor (NUE) Here are some of the biggest stories you may have missed overnight and early this morning: These stock market all-time highs aren't quite frothy 117-year high at busiest port in the US Earnings: Foxconn beats on AI demand, Deere profit falls Bullish stock tops $75 after strong IPO debut US oil producers say OPEC+ 'price war' will halt shale boom Rate cut next month doesn't seem warranted: Fed's Daly Trump's Treasury set to decide fate of of wind, solar projects Trump-fueled crypto frenzy sparks rush to Wall Street IPOs 'Tesla shame' bypasses Norway as sales jump despite Musk's politics Amazon grocery push stocks still in focus When Amazon (AMZN) goes big on something, usually the stock prices of its competitors get beat up. The latest example came on Wednesday Amazon announced plans to expand its 1,000-city fresh and perishable same-day grocery delivery to 2,300 cities by year-end. Huge deal for the grocery industry. Albertson's (ACI) and Kroger (KR) — aka traditional grocers — saw their share prices nailed. I think this is a big deal for the industry and for Amazon. The impact of Amazon's move won't be felt overnight, but just like the company's impact on department stores in recent years the aftershocks will be felt over time. EvercoreISI analyst Michael Montani with some good thoughts this morning: "While Amazon's actions increase competitive intensity, we see the change as incremental in what remains a relatively rational competitive backdrop. Consumers should win as we believe traditional grocers (and some mass players) will likely respond by reducing or eliminating their own delivery fees over time. Membership programs like Kroger Boost and Albertsons FreshPass take on an ever more important function for driving loyalty and eliminating delivery fees. We see a parallel to what happened to the traditional curbside pickup fee 3-5 years ago, namely it went away. Bigger picture, we see three mega themes playing out to shape grocery into the second half of 2025 – a) value seeking given that the elevated spread between grocery and restaurant pricing trade down into food at home should persist, b) healthy eating – demographic shifts, social media and even MAHA should combine to keep better for you products growing at around 3-4% vs. the 2.5-3% we consider normal for the broader grocery market, and c) multichannel as evidenced by our latest eCommerce survey consumers continue to prioritize the convenience of multichannel when considering where to shop in the future." When Amazon (AMZN) goes big on something, usually the stock prices of its competitors get beat up. The latest example came on Wednesday Amazon announced plans to expand its 1,000-city fresh and perishable same-day grocery delivery to 2,300 cities by year-end. Huge deal for the grocery industry. Albertson's (ACI) and Kroger (KR) — aka traditional grocers — saw their share prices nailed. I think this is a big deal for the industry and for Amazon. The impact of Amazon's move won't be felt overnight, but just like the company's impact on department stores in recent years the aftershocks will be felt over time. EvercoreISI analyst Michael Montani with some good thoughts this morning: "While Amazon's actions increase competitive intensity, we see the change as incremental in what remains a relatively rational competitive backdrop. Consumers should win as we believe traditional grocers (and some mass players) will likely respond by reducing or eliminating their own delivery fees over time. Membership programs like Kroger Boost and Albertsons FreshPass take on an ever more important function for driving loyalty and eliminating delivery fees. We see a parallel to what happened to the traditional curbside pickup fee 3-5 years ago, namely it went away. Bigger picture, we see three mega themes playing out to shape grocery into the second half of 2025 – a) value seeking given that the elevated spread between grocery and restaurant pricing trade down into food at home should persist, b) healthy eating – demographic shifts, social media and even MAHA should combine to keep better for you products growing at around 3-4% vs. the 2.5-3% we consider normal for the broader grocery market, and c) multichannel as evidenced by our latest eCommerce survey consumers continue to prioritize the convenience of multichannel when considering where to shop in the future." I don't hate this Cisco quarter Cisco (CSCO) is always a tricky play around its earnings report. The company isn't a fast grower, and what the Street focuses on tends to shift from quarter to quarter. Sometimes its profit margins, sometimes its product orders, sometimes it's the outlook. Going through the latest, I don't hate the quarter and outlook. Gross margins were up across the board, the AI narrative and numbers were solid as well. Some weakness in the security business as expected, but the demand drivers out there suggest new full year guidance could be conservative. "We think investors should look past Public Sector weakness, which likely hurt Security growth, given the opportunity around Hyperscaler/Enterprise AI, Neoclouds, and Sovereign could quickly offset the weakness. We continue to like Cisco for these drivers of growth, and when paired with a mix shift toward software/subscription over time, healthy free cash flow growth, and shareholder returns, we believe a premium to historical valuations is warranted," KeyBanc analyst Brandon Nispel said. I am live on Opening Bid today around 9:40am ET with Cisco's new CFO Mark Patterson. So we'll get to pull apart the numbers and guidance further! Cisco (CSCO) is always a tricky play around its earnings report. The company isn't a fast grower, and what the Street focuses on tends to shift from quarter to quarter. Sometimes its profit margins, sometimes its product orders, sometimes it's the outlook. Going through the latest, I don't hate the quarter and outlook. Gross margins were up across the board, the AI narrative and numbers were solid as well. Some weakness in the security business as expected, but the demand drivers out there suggest new full year guidance could be conservative. "We think investors should look past Public Sector weakness, which likely hurt Security growth, given the opportunity around Hyperscaler/Enterprise AI, Neoclouds, and Sovereign could quickly offset the weakness. We continue to like Cisco for these drivers of growth, and when paired with a mix shift toward software/subscription over time, healthy free cash flow growth, and shareholder returns, we believe a premium to historical valuations is warranted," KeyBanc analyst Brandon Nispel said. I am live on Opening Bid today around 9:40am ET with Cisco's new CFO Mark Patterson. So we'll get to pull apart the numbers and guidance further! Bullish stock rises to $75 after IPO debut Yahoo Finance's breaking news reporter Jake Conley looks into the Bullish (BLSH) stock market debut. Cryptocurrency exchange operator Bullish (BLSH) rose 8% on Thursday before the bell, reaching $75, doubling its IPO price of $37 and valuing the company at more than $10 billion. Still, this marked around a 16% drop from where the stock opened for trade. Bullish stock opened for trade at $90 near 1:00 p.m. ET on Wednesday, and the stock traded hands as high as $118 per share shortly after, a more than 215% gain. The stock was halted for trade due to volatility at least twice within the first few minutes of trading. The company, which operates a crypto exchange and owns the prominent trade publication CoinDesk, priced its IPO at $37 per share on Tuesday, above the $32 to $33 range the company had expected in its second shot at making a public market debut. Bullish began its IPO processes looking for a price between $28 to $31 per share. At 30 million shares offered, the IPO price saw Bullish raise $1.1 billion and value the fintech company at $5.41 billion. Bullish first attempted to go public via a SPAC merger in 2021 that would have valued the company at $9 billion, but the deal fell through after regulatory scrutiny and Bullish withdrew its registration. Read more here Yahoo Finance's breaking news reporter Jake Conley looks into the Bullish (BLSH) stock market debut. Cryptocurrency exchange operator Bullish (BLSH) rose 8% on Thursday before the bell, reaching $75, doubling its IPO price of $37 and valuing the company at more than $10 billion. Still, this marked around a 16% drop from where the stock opened for trade. Bullish stock opened for trade at $90 near 1:00 p.m. ET on Wednesday, and the stock traded hands as high as $118 per share shortly after, a more than 215% gain. The stock was halted for trade due to volatility at least twice within the first few minutes of trading. The company, which operates a crypto exchange and owns the prominent trade publication CoinDesk, priced its IPO at $37 per share on Tuesday, above the $32 to $33 range the company had expected in its second shot at making a public market debut. Bullish began its IPO processes looking for a price between $28 to $31 per share. At 30 million shares offered, the IPO price saw Bullish raise $1.1 billion and value the fintech company at $5.41 billion. Bullish first attempted to go public via a SPAC merger in 2021 that would have valued the company at $9 billion, but the deal fell through after regulatory scrutiny and Bullish withdrew its registration. Read more here Nvidia partner Foxconn profit jumps after AI spending rises Foxconn, also known as Hon Hai Precision Industry Co., ( HNHPF, HNHAF) said on Thursday it expects higher third-quarter revenue due to robust demand for its artificial intelligence servers, which has helped the world's largest contract electronics maker beat forecasts and see a 27% increase in second-quarter profit. Reuters reports: Read more here. Foxconn, also known as Hon Hai Precision Industry Co., ( HNHPF, HNHAF) said on Thursday it expects higher third-quarter revenue due to robust demand for its artificial intelligence servers, which has helped the world's largest contract electronics maker beat forecasts and see a 27% increase in second-quarter profit. Reuters reports: Read more here. 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