A securities class action lawsuit was filed against Smartsheet Inc. alleging the company repurchased over 1.1 million shares from investors between June and August 2024 without disclosing ongoing acquisition talks with Blackstone and Vista Equity Partners. The lawsuit claims Smartsheet's board knew about a premium buyout offer but failed to inform shareholders while promoting share buybacks, misleading investors and violating federal securities laws. When the acquisition was announced at $56.50 per share, Smartsheet's stock price rose sharply, revealing the previously undisclosed premium offer. Investors who sold shares during this period and suffered losses may have legal rights, with a deadline to seek lead plaintiff status by October 5, 2026.
Veeva Systems, a leading cloud software provider for life sciences, is expected to report strong Q3 earnings on August 26, 2026, with analysts projecting revenue of about $905 million and EPS of $2.22, an 11.6% increase year-over-year. The company be...
Okta is set to report its Q2 earnings with analysts expecting an EPS of $0.97 and revenue close to $793 million, reflecting a 9% year-over-year increase. The company benefits from strong demand for its AI products and growing subscription revenue, su...
Citi Trends reported a strong Q2 2026 with a 10.5% rise in comparable-store sales and total sales reaching $211.6 million, prompting management to raise its full-year outlook. Analyst Michael Baker set a new price target of $81, suggesting nearly 15%...
Palantir secured a $2.3 billion Pentagon contract for its Maven Smart System, marking a significant defense milestone. William Blair maintains an Outperform rating on Palantir, reflecting strong Wall Street confidence with 70% of analysts rating it a...
Synopsys, a leader in semiconductor design software, is set to report its quarterly earnings on August 26, 2026, with investor focus on its expanding $2 billion partnership with Nvidia centered on AI chip design. The company has a strong financial tr...
