Calix, Inc. is facing a securities class action lawsuit alleging it failed to adequately disclose that its record gross margins were temporarily supported by a limited pre-purchased memory supply running out. The company’s generic risk warnings in its 10-K filing were challenged as misleading because they did not specify that the supply was depleting and that margin contraction was foreseeable. When Calix admitted on April 21, 2026, that the advanced supply had run out, shares dropped about 14%. The lawsuit claims investors were misled by vague risk language and deserve specific disclosure of known issues affecting margins.
Actuate Therapeutics presented data at ASCO 2026 showing that elraglusib, combined with gemcitabine/Abraxane or FOLFIRINOX, significantly improves median overall survival in patients with metastatic pancreatic ductal adenocarcinoma, especially those ...
Kinross Gold Corporation published its 2025 Sustainability Report showcasing its commitment to responsible mining through significant economic contributions of $4.9 billion to host countries and strong performance in environmental, social, and govern...
Hewlett Packard Enterprise (HPE) shares surged over 7% in premarket trading, reaching a new 52-week high as investors anticipate the company's Q2 earnings report due after market close on June 1. Analysts expect earnings per share of 54 cents, up 42%...
US stock futures rose following weekend US strikes in Iran targeting radar and command sites in response to aggressive Iranian actions, including the downing of a US drone. The S&P 500 ended May at a record high, supported by strong performances in t...
Auddia Inc. announced a 12-month partnership between its AI-driven Discovr Radio platform and Beatcave, Canada's leading independent music community. Discovr Radio becomes Beatcave's official membership partner, offering independent artists guarantee...
