Pomerantz LLP has filed a class action lawsuit against Black Rock Coffee Bar, Inc. following the company's Q1 2026 financial results announcement, which showed a revenue miss and a decline in same-store growth. The stock price dropped over 30% after the news. Investors who bought shares during the class period can join the lawsuit or seek lead plaintiff status by August 17, 2026. The case alleges securities fraud or unlawful business practices by Black Rock and certain officers or directors.
Evercore ISI raised Ross Stores' price target to $276, suggesting a 12.5% upside from its current $245.36 price. The boost reflects strong expectations for Q2, with projected revenues of $6.10 billion (up 10.7%) and earnings per share of $1.92 (up 23...
Fabrinet is set to report strong Q3 2026 earnings with revenue forecasted at about $1.276 billion, a 41% increase year-over-year, driven by demand in Telecom and Data Center sectors. Earnings per share are expected to rise 45% to $3.81, reflecting ro...
US tech companies have sharply increased bond borrowing to fund AI projects, pushing Treasury yields to multi-year highs. This rise in yields makes interest-bearing assets like bonds more attractive compared to Bitcoin, which has fallen 46.1% over th...
HIVE Digital Technologies shares rose 11% after signing a $350 million, five-year GPU cloud services deal with an investment-grade enterprise customer. This contract supports HIVE's goal of $200 million annual recurring revenue in its GPU cloud busin...
In July 2026, three major publicly traded Bitcoin miners—CleanSpark, BitFuFu, and Canaan—reported declines in Bitcoin production even as Bitcoin's price rose from about $58,500 to nearly $63,000. This drop in output is attributed to network difficult...
