Lufax disclosed previously hidden transactions totaling over 45 billion yuan in wealth management products and admitted to breaching Hong Kong listing rules, leading to restated profits for 2022-2023. The company reported an annual net loss in 2024 as its core lending business to small businesses shrank. With a new CEO taking over in April, Lufax faces the dual challenge of rebuilding investor confidence after the accounting scandal while navigating China's weak economic environment that is pressuring its business model.

Rosen Law Firm has launched an investigation into potential securities claims against Lufax Holding Ltd (NYSE: LU) for allegedly issuing materially misleading business information. The investigation was triggered after Lufax announced on January 27, 2025, that its board proposed removing auditors and that there would be a delay in publishing the 2024 annual report, causing the stock to fall 13.8%. The firm is preparing a class action lawsuit to recover investor losses.

Rosen Law Firm is soliciting investors who purchased shares of uniQure N.V., Vistagen Therapeutics, Inc., and Lufax Holding Ltd during specified periods to join securities class action lawsuits. The uniQure lawsuit alleges the company misrepresented FDA approval of its Pivotal Study design and downplayed delays to its Biologics License Application timeline. The lead plaintiff deadline for uniQure is April 13, 2026.

Rosen Law Firm announces an investigation into potential securities claims against Lufax Holding Ltd (NYSE: LU) for allegedly issuing materially misleading business information. The investigation was triggered after Lufax announced the removal of its auditors and a delay in publishing its 2024 annual report on January 27, 2025, causing the stock to fall 13.8%. The firm is preparing a class action lawsuit to recover investor losses.

US stock futures declined as traders await key economic data releases. US-listed Chinese stocks fell after China pledged stimulus measures. Nvidia and AMD stocks also declined.

U.S. stock futures were higher this morning, with the Dow futures gaining by around 0.1% on Friday. Shares of Lululemon Athletica Inc. (NASDAQ: LULU) fell sharply in today’s pre-market trading after releasing fourth-quarter results. Lululemon posted better-than-expected results for its fourth quarter, but issued a weak forecast for the first quarter. The company said it sees first-quarter revenue in the range of $2.175 billion to $2.2 billion versus estimates of $2.25 billion. The company anticipates first-quarter earnings of $2.35 to $2.40 per share versus estimates of $2.55 per share, according to data from Benzinga ...

U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining around 300 points on Thursday. The Dow traded up 0.77% to 39,814.95 while the NASDAQ rose 0.25% to 16,410.54. The S&P 500 also rose, gaining, 0.38% to 5,244.72. Check This Out: Micron, Accenture And 3 Stocks To Watch Heading Into Thursday   Leading and Lagging Sectors   Industrials shares jumped by 1% on Thursday. In trading on Thursday, materials shares rose by just 0.1%.   Top Headline   Shares of Accenture Plc (NYSE: ACN) dipped around 9% on Thursday after the company reported results for its fiscal second quarter. Accenture reported second-quarter fiscal 2024 sales of $15.80 billion compared with the consensus of $15.84 billion, flat Y/Y in U.S. dollars and local currency. Revenues were slightly above the midpoint of the company’s guided range of $15.40 billion – $16.00 billion. Adjusted EPS of $2.77 beat the consensus of $2.66. Accenture expects fiscal 2024 adjusted EPS of $11.97 – $12.20 (prior $11.97 – $12.32) versus consensus of $12.24. For fiscal 2024, the company expects revenue growth of 1% – 3% (prior 2% – 5%) in local currency vs. $66.18 billion consensus.   Equities Trading UP   Yield10 Bioscience, Inc. (NASDAQ: YTEN) shares shot up 70% to $0.4124 after the company announced that the USDA-APHIS Biotechnology Regulatory Services determined that the Camelina sativa varieties may be planted and bred in the United States. Shares of CuriosityStream Inc. (NASDAQ: CURI) got a boost, surging 56% to $0.91 ...

Shares of FactSet Research Systems Inc. (NYSE: FDS) fell sharply during Thursday’s session after the company reported worse-than-expected second-quarter revenue and issued FY24 guidance. FactSet Research posted adjusted earnings of $4.22 per share, beating market estimates of $3.88 per share. The company’s quarterly sales came in at $545.95 million, missing expectations of $546.80 million, according to data from Benzinga Pro. FactSet Research shares dipped 5.2% to $462.36 on Thursday. Here are some other stocks moving in today's mid-day session. Gainers Yield10 Bioscience, Inc. (NASDAQ: YTEN) shares jumped 136.7% to $0.5751 after the company announced that the USDA-APHIS Biotechnology Regulatory Services determined that the Camelina sativa varieties may be planted and bred in the United States. Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) shares jumped 101.7% to $2.6850 after falling 11% on Wednesday. CuriosityStream Inc. (NASDAQ: CURI) rose 63.2% to $2.6850 after the company reported financial results for fourth quarter. Portage Biotech Inc. (NASDAQ: PRTG) gained 53.7% to $0.7525. Lufax Holding Ltd (NYSE: LU) climbed 41.3% to $4.76 following fourth-quarter results. Asset Entities Inc. (NASDAQ: ASST) shares climbed 37% to $0.7173 after the company announced that it entered into an agreement with Zendrop. Cazoo Group Ltd (NYSE: CZOO) gained 33% to $4.6475. Guess?, Inc. (NYSE: GES) shares rose 23.1% to $31.95 as the company reported better-than-expected fourth-quarter financial results and declared a special dividend of $2.25 per share. Nortech Systems Incorporated (NASDAQ: NSYS) surged 22.3% to $13.35 after the company reported fourth-quarter results. JOANN Inc. (NASDAQ: JOAN) gained 20.8% to $0.1631. Aemetis, Inc. (NASDAQ: AMTX) climbed 18.4% to $4.3238 after the company announced approval by the U.S. Citizenship and Immigration Services for a $200 million of EB-5 program investment for the Riverbank sustainable aviation fuel, production plant, the dairy renewable natural gas project, the ...

U.S. stocks were higher, with the Dow Jones index gaining around 250 points on Thursday. Shares of Guess?, Inc. (NYSE: GES) rose sharply during Thursday’s session as the company reported better-than-expected fourth-quarter financial results and declared a special dividend of $2.25 per share. Guess? reported quarterly earnings of $2.01 per share which beat the analyst consensus estimate of $1.56 by 28.85%. Quarterly sales clocked in at $891.05 million, beating the analyst consensus estimate of $855.54 million, according to data from Benzinga Pro. Guess? shares jumped 23.1% to $31.95 on Thursday. Here are some other big stocks recording gains in today’s session. Lufax Holding Ltd (NYSE: LU) shares surged 41.3% to $4.76 following fourth-quarter results. Nortech Systems Incorporated (NASDAQ: NSYS) rose 22.3% to $13.35 after the ...

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining around 100 points on Thursday. The Dow traded up 0.84% to 39,844.27 while the NASDAQ rose 0.61% to 16,469.28. The S&P 500 also rose, gaining, 0.56% to 5,254.11. Check This Out: Micron, Accenture And 3 Stocks To Watch Heading Into Thursday   Leading and Lagging Sectors   Industrials shares jumped by 1% on Thursday. In trading on Thursday, materials shares rose by just 0.1%.   Top Headline   Micron Technology, Inc. (NASDAQ: MU) reported upbeat results for its second quarter and issued strong third-quarter guidance on Wednesday. Micron reported first-quarter revenue of $5.82 billion, which beat the consensus estimate of $5.342 billion. The company reported adjusted earnings of 42 cents per share, which easily beat analyst estimates for a loss of 25 cents per share, according to data from Benzinga Pro.   Equities Trading UP   Yield10 Bioscience, Inc. (NASDAQ: YTEN) shares shot up 108% to $0.5046 after the company announced that the USDA-APHIS Biotechnology Regulatory Services determined that the Camelina sativa varieties may be planted and bred in the United States. Shares of CuriosityStream Inc. (NASDAQ: CURI) got a boost, surging 55% to $0.90 after the company reported financial results for fourth quarter. Lufax Holding Ltd (NYSE: LU) shares were also up, gaining 40% to $4.7306 following fourth-quarter results.   Equities Trading DOWN   Movella Holdings Inc. (NASDAQ: MVLA) shares ...

Shares of Micron Technology, Inc. (NASDAQ: MU) rose sharply in today’s pre-market trading as the company reported upbeat results for its second quarter and issued strong third-quarter guidance. Micron reported first-quarter revenue of $5.82 billion, which beat the consensus estimate of $5.342 billion. The company reported adjusted earnings of 42 cents per share, which easily beat analyst estimates for a loss of 25 cents per share, according to data from Benzinga Pro. Micron Technology shares jumped 17.1% to $112.69 in pre-market trading Here are some other stocks moving in pre-market trading. Gainers Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) shares rose 73.7% to $2.31 in pre-market trading after falling 11% on Wednesday. CuriosityStream Inc. (NASDAQ: CURI) rose 36.2% to $0.7919 in pre-market trading after the company reported financial results for fourth quarter. TROOPS, Inc. (NASDAQ: TROO) shares rose 27.8% to $2.11 in pre-market trading. Lufax Holding Ltd (NYSE: LU) climbed 26.4% to $4.26 in pre-market trading ...

Velocity Financial (VEL) delivered earnings and revenue surprises of 27.78% and 7.80%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?