Qualcomm Hit With Second Redstone Patent Suit Over Core Design
Redstone Logics LLC has filed a second federal lawsuit against Qualcomm Inc. and Qualcomm Technologies Inc., alleging patent infringement related to the communication method between processor cores. The new suit, filed in the US District Court for the Western District of Texas, claims Qualcomm's Oryon architecture infringes the same patent (US Patent No. 8,549,339) that was the basis for a previous September 2024 lawsuit concerning ARM's processor architecture.
Boeing sets launch date for its first Everett 737 Max production line
Boeing is expanding its 737 production to its Everett facility as demand for the aircraft rises. The company aims to increase output, with the first 737 Max production line in Everett nearing its launch date. This move comes as Boeing pushes to ramp up production to meet growing orders.
Southwest adds another Asian partner
Southwest Airlines has announced a new interline partnership with Singapore Airlines, expanding its global reach. This deal will allow for single-ticket travel to various destinations served by Singapore Airlines. The article highlights Southwest's latest move in enhancing its international connectivity.
AST SpaceMobile (ASTS) CTO sells 40,000 shares under Rule 10b5-1 plan
AST SpaceMobile's Chief Technology Officer, Yao Huiwen, sold 40,000 shares of Class A Common Stock on June 5, 2026, through an open-market transaction. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted in June 2025, with shares sold at a weighted average price of $96.37. Following the transaction, Yao Huiwen retains direct ownership of 34,750 shares.
American Vanguard (AVD) officer receives grant of 20,000 stock options at $2.51
David T. Johnson, an officer at American Vanguard Corp (AVD), was granted 20,000 incentive stock options with an exercise price of $2.51 per share. These options will vest on the third anniversary of the June 4, 2026 grant date and expire on the tenth anniversary. Following this transaction, Johnson directly holds options for 20,000 common shares.
Abbott Laboratories, maker of Similac baby formula, sued by Allegheny County parents over infant’s 2011 death
The parents of a 2-month-old girl who died in 2011 have filed a lawsuit against Abbott Laboratories, the makers of Similac baby formula, alleging their product caused necrotizing enterocolitis. The lawsuit claims Abbott failed to warn doctors and parents about the risks of its cow's milk-based formula for premature infants, despite scientific evidence showing a link to the fatal bowel disease. This case joins hundreds of similar lawsuits across the country, some of which have resulted in significant payouts, including a recent $70 million award in Chicago.
VeriSign Inc (VRSN) Stock Down 3.9% but Still Overvalued -- GF S
VeriSign Inc (VRSN) shares dropped 3.9% to $283.41, yet GuruFocus assesses the stock as 6.8% overvalued compared to its GF Value™ of $265.29. Despite this, VRSN holds a strong GF Score™ of 92/100, driven by high profitability, growth, and momentum, though financial strength is noted as a weakness. Insider selling of $3.0M in the last three months also suggests caution among executives.
Fidelity National Information Services Inc (FIS) Shares Fall 3.4% -- What GF Score of 65 Tells Investors
Shares of Fidelity National Information Services Inc (FIS) fell 3.4% to $39.54, continuing a downtrend for the year. The company is currently trading at a 54.7% discount to its GF Value™ of $87.35, indicating it is undervalued but with a potential risk of being a value trap. Despite strong profitability and growth ratings, the GF Score™ of 65 and low scores in valuation and momentum suggest caution, though insider buying activity provides a positive signal.
Tango Therapeutics, Inc. Stock 12‑Month Price Target Raised to $36.91, Implies 83% Upside
The average 12-month price target for Tango Therapeutics, Inc. (TNGX) stock has been raised to $36.91 from $35.64, according to 11 analysts' estimates. This new target suggests an 83% potential upside based on the June 5 closing price. The consensus rating remains a "Buy" from 12 covering analysts.
Sphere 3D to Present at Architecting Tomorrow: The AI Data Center Summit Presented by Maxim Group LLC
Sphere 3D Corp. (NASDAQ: ANY) announced its participation in Architecting Tomorrow: The AI Data Center Summit, presented by Maxim Group LLC, on June 11, 2026. CEO Joel Block will deliver a virtual presentation discussing the company's strategy, infrastructure, and opportunities in digital asset and AI-focused data centers. Sphere 3D is a digital infrastructure company specializing in scalable power and data center assets for bitcoin mining, hosting, and high-performance computing/AI workloads.