AT&T INC. (T) Stock News

A securities fraud class action lawsuit has been filed against AeroVironment, Inc. for allegedly understating competition risks related to the SCAR program. The company faced a U.S. Space Force stop work order in January 2026, followed by contract termination in March 2026, resulting in a $151.3 million goodwill impairment. The Space Force subsequently announced plans to diversify suppliers and use commercial off-the-shelf solutions instead of single-vendor solutions. Investors who purchased securities between June 25, 2025 and March 10, 2026 can claim damages by July 27, 2026.

SpaceX is pursuing a Tesla-sized valuation despite significantly lower revenue and ongoing net losses. Investors are urged to demand clear evidence of SpaceX's path to profitability and free cash flow generation before justifying Tesla-level valuations, raising questions about whether current investor optimism is overextended.

Long Table Growth Corp., a blank check company, announced the pricing of its $150 million IPO at $10.00 per unit. The company will trade on Nasdaq under ticker symbol 'LTGRU' starting June 4, 2026, with each unit consisting of one Class A ordinary share and one-half redeemable warrant. The offering is expected to close on June 5, 2026.

Long Table Growth Corp., a blank check company, announced the pricing of its IPO at $10.00 per unit for 15 million units, expected to begin trading on Nasdaq under ticker 'LTGRU' on June 4, 2026. Each unit includes one Class A ordinary share and half a redeemable warrant exercisable at $11.50. The company plans to pursue business combinations in fintech, proptech, industrial technology, and energy transition sectors. Santander is the sole book-running manager.

Applied Aerospace & Defense Inc. (AADX) made its public debut on the NYSE, combining two aerospace suppliers with combined heritage dating back to 1900. The company supplies critical components to major defense and space contractors. Despite strong institutional demand and a 10x oversubscribed IPO priced at $20, shares declined 4.95% to $19.01 by Wednesday afternoon, signaling mixed market sentiment.

Circle Internet Group's stock fell nearly 11% after reports that Visa, Mastercard, Stripe, and potentially Coinbase are developing a competing stablecoin platform. While this represents significant competition to Circle's USDC stablecoin, the article notes that USDC's established market position may make it difficult to unseat.

NOON WORLD, a New York-based cognitive wellness company, announced its national retail expansion with availability in 878 Target stores across the United States, just 18 months after launch. The company offers patent-pending dual-layer gummy supplements formulated with adaptogens and nootropic mushrooms in three core products: FOCUS, CHILL, and SLEEP, positioning cognitive wellness as an emerging standalone consumer category.

A class action lawsuit has been filed against Veritone, Inc. for allegedly making false statements and failing to disclose accounting irregularities during the period between October 14, 2025 and April 14, 2026. The company allegedly inaccurately recorded revenue and costs, overstated financial metrics, and maintained deficient internal controls, requiring a financial restatement.

Law firm Bragar Eagel & Squire is investigating Verra Mobility Corporation after the company announced on May 26, 2026 that Avis Budget Group terminated its contract effective September 2026. The termination is expected to reduce Verra Mobility's 2026 annualized revenue by $135-145 million and segment profit by $120-125 million, causing the stock price to decline. The firm is seeking stockholders who suffered losses to discuss potential securities law violations.

A securities fraud class action lawsuit has been filed against Sportradar Group AG for allegedly making false statements about its compliance practices while intentionally working with black-market gambling operators. Investigative reports from Muddy Waters Research and Callisto Research revealed that Sportradar used illegal gambling partners to drive revenues, causing the stock to plummet 22.6% on April 22, 2026. Investors who purchased shares between November 7, 2024, and April 21, 2026, have until July 17, 2026, to seek lead plaintiff status.

Law firm Bragar Eagel & Squire is investigating Alphatec Holdings for potential federal securities law violations following the company's May 5, 2026 earnings miss. Alphatec reported lower-than-expected Q1 2026 revenue, reduced full-year EOS revenue guidance, and disclosed unfulfilled unit commitments due to installation timing challenges. The stock price declined following the announcement.

US House backs resolution curbing Trump Iran war powers  Reuters

Abivax, a French biotech company, saw its stock surge 1,000% over the past year following strong phase 3 results for obefazimod, a non-immunosuppressant ulcerative colitis treatment. However, recent maintenance trial data revealed safety concerns including cancer cases, causing a sharp stock decline. The author argues the market may be overreacting, noting that cancer cases were mostly in older patients and may be unrelated to the drug, while obefazimod still shows strong efficacy and oral convenience advantages.

Univest Securities completed an $8 million registered direct offering for Hitek Global Inc. (NASDAQ: HKIT), a China-based IT consulting and solutions provider. The offering included 4 million Class A ordinary shares and 4 million warrants at $2.00 per share, with warrants exercisable at $4.5678 for 3.8 shares each.

Vanguard's S&P 500 ETF (VOO) has become the first ETF to surpass $1 trillion in assets under management, surpassing SPY as the world's largest ETF. The milestone reflects the dominance of passive investing and low-cost index funds, with VOO attracting $250 billion in assets during 2025 alone. The fund's success demonstrates investors' preference for simple, diversified market exposure over active stock picking.

Virgin Galactic's stock has surged over 200% from $2 to $7, likely due to confusion with SpaceX's upcoming IPO ticker symbol (SPCX vs SPCE) and meme trading momentum. However, the article warns this price action is disconnected from fundamentals, as Virgin Galactic continues to hemorrhage cash while SpaceX has government contracts and proven technology. The author cautions that momentum-driven rallies often reverse sharply and recommends Virgin Galactic for day traders only, not long-term investors.

SenesTech's Board of Directors approved an amendment to reduce the number of new shares proposed for its 2018 Equity Incentive Plan from 1.7 million to 1.2 million shares ahead of the June 9, 2026 Annual Meeting of Stockholders. The company cited anticipated equity compensation needs, current market conditions, and stockholder considerations in making this balanced approach to capital management.

The article recommends three high-yield dividend stocks as defensive investments amid potential market weakness: Realty Income (O), a REIT with strong tenants and 28 years of consecutive dividend increases; MPLX, a pipeline operator with stable revenues independent of oil prices; and Brookfield Asset Management (BAM), a fee-based asset manager with rapidly growing dividends focused on infrastructure and renewable energy.

Amazon surpassed Walmart as the top American company by revenue in 2025 with $717 billion, ending Walmart's 13-year reign. However, $129 billion of Amazon's revenue came from AWS cloud services, meaning Walmart remains the largest retailer by retail revenue alone. Amazon's revenue grew 12% year-over-year while Walmart's grew 5%.

Law firm Holzer & Holzer is investigating whether Grace Therapeutics complied with federal securities laws following the FDA's issuance of a Complete Response Letter for its GTx-104 drug application on April 23, 2026. The CRL cited issues with packaging leachables data, non-clinical toxicology assessments, and manufacturing deficiencies, causing the company's stock price to decline. The firm is seeking investors who suffered losses to join potential litigation.

Robbins Geller Rudman & Dowd LLP has launched an investigation into potential federal securities law violations by PicS N.V., a Brazilian digital financial services company. The investigation was triggered after PicS disclosed on March 19, 2026, that it reclassified R$590 million in non-performing exposures to a higher risk category, resulting in an R$88 million increase in expected credit losses. The stock price fell more than 22% following the disclosure. The law firm is seeking investors who suffered losses and potential witnesses.

GOP leaders reportedly privately concluded that the funding proposal risked derailing the broader immigration bill, both politically and procedurally.

Robbins Geller announces a class action lawsuit against Zoetis Inc. for alleged securities violations. The lawsuit claims Zoetis made false statements about its flagship products including Librela, Simparica Trio, Apoquel, and Cytopoint, failing to disclose weakening demand, market share losses to competitors, and increased competitive pressures. Investors who purchased ZTS securities between January 14, 2025 and May 6, 2026 can seek appointment as lead plaintiff by July 27, 2026.

AeroVironment investors who purchased securities between June 25, 2025 and March 10, 2026 can seek lead plaintiff status in a class action lawsuit. The suit alleges AeroVironment made false statements about competition for the U.S. Space Force's SCAR program contract. After a stop work order and contract termination, the company reported a $151.3 million goodwill impairment and significant operating losses, causing stock declines of 6-17% on successive announcements.

The article compares Salesforce and Braze as investment options for 2026. Salesforce offers established market dominance with $41.5B in revenue, 18% net margins, and strong free cash flow of $14.4B, making it suitable for conservative investors. Braze presents a higher-growth alternative with 24.4% revenue growth but remains unprofitable with a -17.8% net margin, appealing to aggressive investors willing to accept volatility. Salesforce trades at a more attractive Forward P/E of 14.3x versus Braze's 37.9x, though Braze has a lower P/S ratio of 3.7x.

GE Aerospace reported strong Q1 2026 results with 29% revenue growth and 25% EPS growth despite industry headwinds from high jet fuel costs. The company's $210 billion backlog, with $170 billion in service-related revenues, positions it well for sustained growth. Management expects to hit the high end of full-year guidance.

Several Russell 2000 small-cap stocks have surged 400%+ in 2026, driven by AI infrastructure demand. Companies like Applied Optoelectronics, Aehr Test Systems, and MaxLinear—which supply optical networking, semiconductor testing, and connectivity products—have outperformed mega-cap tech stocks. Small-cap growth ETFs including VTWG, IWO, and ISMD provided early exposure to these winners before they became mainstream AI investment stories.

Toll Brothers announced the opening of Haven at Palm Valley, a new gated luxury community in Ponte Vedra, Florida, featuring 20 single-family homes priced from $1.5 million. The community offers contemporary architecture with floor plans exceeding 4,000 square feet, up to 5 bedrooms, and is located near premium amenities including TPC Sawgrass golf course and private beach clubs.

With over 10 S&P 500 stocks now exceeding $1 trillion in market cap, many benefiting from the AI boom, Berkshire Hathaway stands out as the best defensive choice for a bear market. The stock is currently trading below its five-year average valuation on a price-to-tangible-book basis, offering protection through its diversified business lines, strong cash position of nearly $400 billion, and durable competitive moats.

As AI demand surges, electricity and power infrastructure are becoming the new bottleneck rather than semiconductor chips. Unlike chip manufacturing which can scale in 3-4 years, building power generation capacity and transmission infrastructure takes much longer. This shift is creating investment opportunities in power and data center infrastructure companies that can secure reliable electricity access.