Latest news with #Nasdaq
Business Insider
28 minutes ago
- Business
- Business Insider
Laser Photonics receives noncompliance notice from Nasdaq
Laser Photonics (LASE) announced that it received a notice from Nasdaq stating that since it had not received the company's Form 10-Q for the period ended March 31 and because the company remains delinquent in filing its Form 10-K for the period ended December 31, 2024, the company does not comply with Nasdaq's Listing Rules for continued listing. Nasdaq stated that in accordance with its letter dated April 16, the company has until June 16, to submit a plan to regain compliance with respect to these delinquent reports. Nasdaq can grant an exception to allow the company to regain compliance up to a maximum of 180 calendar days from the due date of the Initial Delinquent Filing, or October 13. Confident Investing Starts Here:
Business Insider
an hour ago
- Business
- Business Insider
Zeo Energy receives noncompliance notice from Nasdaq
Zeo Energy (ZEO) announced that, as expected, it received a notice from Nasdaq, notifying the company that it is not in compliance with the periodic filing requirements for continued listing set forth in Nasdaq Listing Rule 5250 because the company's Quarterly Report on Form 10-Q for the for the three months ended March 31, 2025 (the '10-Q') was not filed with the SEC by the required due date of May 15. Confident Investing Starts Here:
Business Insider
an hour ago
- Business
- Business Insider
FlexShopper gets Nasdaq notice on late Form 10-Q filing
FlexShopper (FPAY) announced it received a notice from Nasdaq dated May 22, indicating non-compliance with Listing Rule 5250(c)(1) due to not having timely filed its Form 10-Q for Q1 and remaining delinquent on its Form 10-K for year ended December 31, 2024. The company has until June 16 to submit a plan to regain compliance. Confident Investing Starts Here:
Yahoo
an hour ago
- Business
- Yahoo
Wall Street's 'Doctor Doom' tells BI about his move into money management, where he's off to a market-beating start
Nouriel Roubini's America Atlas Fund has outperformed amid market volatility and inflation risks. Roubini's fund launched in November 2024 and is up 4%. The fund has heavy allocations to short-term Treasurys and gold. On a cold night in December, Nouriel Roubini stood in a dark room at Bloomberg's Manhattan headquarters and prophesied a menacing future for financial markets. Yields on 10-year Treasurys would soar to 8% thanks to persistent inflation, he said at Bloomberg's ETFs in Depth conference. That would send the S&P 500 and Nasdaq plummeting. The scene was perfectly on brand for the famously bearish economist widely known as Dr. Doom. That's why it might have been easy to dismiss his gloomy proclamations. Perhaps even more of a reason to discount Roubini's warnings was that he had just launched an ETF, the America Atlas Fund (USAF), meant to act as an alternative to the fixed-income segment of the traditional 60/40 portfolio. A cynical listener could have interpreted his speech as a pitch to buy his product because stocks and bonds would perform poorly. But six months later, the evidence is irrefutable: Roubini has nailed his opening act as a fund manager. Since USAF's launch in November, the S&P 500 is flat, suffering a violent 20% drawdown in the interim. Long-end Treasurys have also been volatile, and have sold off in tandem with stocks. Many of the driving forces behind those moves have been those inflation risks that Roubini warned of, including tariffs and restoring, and government spending. Meanwhile, USAF is up 4% and fell only 2% during the market's "Liberation Day" tantrum when stocks tanked and bond yields spiked. The fund has been volatility-resistant thanks to its heavy allocations to short-end Treasurys (about 50% of the portfolio) and gold (19%). The remaining holdings are a mix of commodities, REITs, and TIPS, and alternative investments. In other words, Roubini's timing couldn't have been better, and his warnings — at least directionally speaking — have been spot on. It's been a dream start for the New York University professor, who often gets flak for his regular pessimism. "Sometimes people say, 'You talk about stuff, but talk is cheap,'" Roubini told BI. "'Put your money where your mouth is. Have some skin in the game.'" The 67-year-old Roubini, who is most known for predicting the 2008 financial crisis, could have simply kept on with his work at NYU and continued pontificating about where the economy was headed. But the economist wanted to take on a fresh challenge. "In different stages in life, you do different things," he said. In the final chapter of Roubini's 2022 book, "MegaThreats: Ten Dangerous Trends That Imperil Our Future, And How to Survive Them," he lays out how investors might protect themselves from downside risks. In recent years, he decided it was time to put those ideas to the test. It has always been a logical next step for him to wade into the world of asset management, he said. Plus, it's a chance to respond to his many detractors who have questioned the weight behind his predictions since he didn't have any money under his purview. "After a career in academia, of policy, of providing economic advice, more and more people say, 'If you are that smart, why don't you try to also manage money rather than just talking about it," he continued. "So it was a natural thing that would have eventually happened." It remains to be seen if Roubini can keep his string of success going in the years ahead. The outlook informing his positioning is that persistent inflation in the 5-6% range will continue to put upward pressure on 10-year Treasury yields. That's why he's sitting heavily in short-term Treasurys at the moment, collecting a similar yield to longer-term assets while not having to endure the same volatility. If 10-year rates were to get up toward 8%, that would be the right time to buy in, he said. His views on inflation are well above the consensus in markets and among Wall Street banks, though it's still unclear what impact tariffs and potential tax cuts will have on consumer prices. If inflation fears dissipate, Roubini's exceptionally well-timed introduction to the asset management space may very well prove to be beginner's luck. Either way, investors now have a way to grade Roubini's forecasts in real time. "One thing is to talk about money, and another is managing it," Roubini said. "You see right away the feedback between your ideas and what happens in the real markets." Read the original article on Business Insider
Yahoo
an hour ago
- Business
- Yahoo
Goldman Sachs (GS) Stock Dips While Market Gains: Key Facts
The most recent trading session ended with Goldman Sachs (GS) standing at $604.86, reflecting a -0.59% shift from the previouse trading day's closing. The stock's performance was behind the S&P 500's daily gain of 0.4%. On the other hand, the Dow registered a gain of 0.28%, and the technology-centric Nasdaq increased by 0.39%. Prior to today's trading, shares of the investment bank had gained 11.12% over the past month. This has outpaced the Finance sector's gain of 4.15% and the S&P 500's gain of 6.69% in that time. Market participants will be closely following the financial results of Goldman Sachs in its upcoming release. The company plans to announce its earnings on July 16, 2025. On that day, Goldman Sachs is projected to report earnings of $9.82 per share, which would represent year-over-year growth of 13.92%. At the same time, our most recent consensus estimate is projecting a revenue of $13.71 billion, reflecting a 7.69% rise from the equivalent quarter last year. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $44.41 per share and revenue of $55.52 billion, indicating changes of +9.55% and +3.76%, respectively, compared to the previous year. Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Goldman Sachs. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability. Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 1.77% lower within the past month. Goldman Sachs currently has a Zacks Rank of #3 (Hold). Looking at its valuation, Goldman Sachs is holding a Forward P/E ratio of 13.7. This signifies a discount in comparison to the average Forward P/E of 14.86 for its industry. Meanwhile, GS's PEG ratio is currently 0.83. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Financial - Investment Bank was holding an average PEG ratio of 1.21 at yesterday's closing price. The Financial - Investment Bank industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 197, which puts it in the bottom 21% of all 250+ industries. The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Remember to apply to follow these and more stock-moving metrics during the upcoming trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Goldman Sachs Group, Inc. (GS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
