Levi & Korsinsky, LLP has filed a class action lawsuit against Embecta Corp. for allegedly providing false and misleading positive statements about its financial health, particularly regarding its pen needle business. The company missed its Q2 2026 revenue guidance and lowered its full-year forecast, causing its stock to drop over 57% in one day. Investors who bought Embecta stock between November 25, 2025, and May 4, 2026, are encouraged to join the lawsuit before the August 17, 2026 deadline to seek compensation for losses.
CGI and Entersekt have partnered to strengthen 3-D Secure (3DS) authentication services for issuing banks in the Nordic region. The collaboration combines CGI's digital banking expertise with Entersekt's cloud-based 3DS Access Control Server, enablin...
Aehr Test Systems saw its stock rise about 11% after receiving a follow-on production order for its FOX-XP wafer-level burn-in system from a major silicon photonics customer. This customer, a global supplier of networking products, is expanding produ...
Lucid Group announced a partnership with Uber and Nuro to launch a robotaxi service in Houston by mid-2027, following a planned launch in the San Francisco Bay Area. The service will use Lucid's electric SUVs equipped with Nuro's Level 4 autonomous t...
The newly launched Leverage Shares 2X Long SPCX Daily ETF (SPCH) tied to SpaceX stock surged with $1.3 billion in trading volume on its second day, surpassing the record set by BlackRock's iShares Bitcoin Trust (IBIT) in 2024. Despite heavy competiti...
Renault Group has completed the acquisition of full ownership of Flexis by buying out Volvo Group and CMA CGM Group's stakes. This move supports the planned production of the Renault Trafic Van E-Tech electric van, the first fully electric van built ...
