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Roblox’s Mobile AI Build Launch Amid Safety Lawsuits Might Change The Case For Investing In RBLX
Simply Wall St.69d agobearish
Roblox’s Mobile AI Build Launch Amid Safety Lawsuits Might Change The Case For Investing In RBLX

Earlier this month, Roblox Corporation introduced Build, a mobile-first creation tab with integrated AI tools that let users generate playable game prototypes from text prompts directly in the core app, while linking work seamlessly with Roblox Studio and offering both free and paid tiers. At the same time, Roblox faces expanded securities class action lawsuits alleging prior misstatements about platform safety and the financial impact of its global age-verification rollout, underscoring how...

Boston Scientific (BSX) Stock Still Looks Undervalued Following Its 58% Slump
Simply Wall St.69d agobearish
Boston Scientific (BSX) Stock Still Looks Undervalued Following Its 58% Slump

Boston Scientific stock has had a tough run over the past year, yet the valuation checks still lean supportive, setting up a clear tension between recent share price weakness and what the broader metrics suggest about value. Boston Scientific shares are down about 58.1% over the past year, which sharply resets expectations around what investors are willing to pay for the business. Upcoming earnings and progress integrating recent device acquisitions may support sentiment, while ongoing Class...

🔎 Under the Radar: GE Vernova Stock Slides on Earnings Miss
The Wall Street Journal69d agobearish
🔎 Under the Radar: GE Vernova Stock Slides on Earnings Miss

Demand for GE Vernova's equipment rose again in the second quarter of the year, but shares slid about 6% Wednesday morning. The company’s earnings per share missed analyst expectations, though its $11.1 billion in revenue for the quarter was higher than expected. It raised revenue and free cash flow guidance for the year.

Jim Cramer Defends His Dell Stance as Investors Complain About Missing Out
Insider Monkey69d agobearish
Jim Cramer Defends His Dell Stance as Investors Complain About Missing Out

Dell Technologies Inc. (NYSE:DELL) provides storage systems, servers, networking gear, and consulting services, as well as laptops, desktops, workstations, and accessories. On Tuesday’s episode of Mad Money, Jim Cramer addressed some of the complaints his viewers made regarding Dell and other companies whose stocks experienced a massive rally. He stated: Some of you have complained […]

How many employees does Walmart have? Its workforce & layoffs explained
TheStreet69d agobearish
How many employees does Walmart have? Its workforce & layoffs explained

This may come as a surprise, but one of the world’s biggest winners of the artificial intelligence (AI) revolution isn’t actually a technology firm — it’s Walmart (WMT), the big-box discount retailer. Thanks to its early and aggressive bets on AI beginning in the late 2010s, Walmart has transformed ...

Why Supermicro Stock Is Surging Even as Revenue Falls Short
Insider Monkey69d agobearish
Why Supermicro Stock Is Surging Even as Revenue Falls Short

Super Micro Computer Inc. (NASDAQ:SMCI) gave investors conflicting figures in its Q4 preliminary update on July 21. Fiscal Q4 revenue is expected near the bottom of its $11 billion to $12.5 billion guidance, below the $11.67 billion analyst consensus, yet shares jumped 17.5% after hours. Our take is that the market was not celebrating sales; […]

S&P 500 Falls as Tech Rally Hits the Brakes
Barrons.com69d agobearish
S&P 500 Falls as Tech Rally Hits the Brakes

The week’s tech stock rally hit the brakes ahead of key earnings reports from Alphabet and Tesla on Wednesday. “We are seeing a slight pause after a dramatic two-day bounce across tech and Ai winners,” writes Mizuho’s Daniel O’Regan. The iShares Semiconductor ETF was falling after marking its best day in just over a month on Tuesday.

Zelle must face New York attorney general lawsuit over 'rampant' fraud, judge rules
Reuters69d agobearish
Zelle must face New York attorney general lawsuit over 'rampant' fraud, judge rules

A judge rejected Zelle's bid to dismiss a lawsuit by New York Attorney General Letitia James, who said the electronic payment platform's refusal to ‌adopt critical safety features enabled fraudsters to steal more than $1 billion from consumers. In a decision ‌late Monday, Justice Phaedra Perry-Bond of a New York state court in Manhattan said James sufficiently alleged that Zelle's parent Early Warning Services "prioritized ​accessibility, convenience, consumer adoption, and market dominance at the expense of consumer safety" in rushing the platform to market, despite objections from its banking partners. Early Warning Services is owned by seven large U.S. banks: Bank of America, Capital One, JPMorgan Chase, PNC, Truist, U.S. Bank and Wells Fargo.

Boston Scientific (BSX) Recalls Put Focus On Whether The Stock Still Looks Undervalued
Simply Wall St.69d agobearish
Boston Scientific (BSX) Recalls Put Focus On Whether The Stock Still Looks Undervalued

Recall driven attention on Boston Scientific stock Boston Scientific (BSX) is back in focus after a series of voluntary recalls for its CRE and CRE Pro Wireguided gastrointestinal devices, tied to potential sterile pouch breaches across widely distributed product lots. With more than 81,000 units cited in individual recall notices and a worldwide distribution footprint, the situation brings product quality controls, potential regulatory implications and timing before the upcoming earnings...