- U.S. stock futures showed mixed movements during Monday's pre-market session as major indices reacted to corporate updates.
- Evolution Metals & Technologies Corp experienced a 5.5 % share price decline to $2.86 following quarterly sales of $1.636 million that missed consensus estimates.
- Barfresh Food Group Inc dropped 24 % to $1.46 after reporting weak second-quarter financial results and reducing its FY26 sales guidance.
- Kessler Topaz Meltzer & Check, LLP is investigating potential federal securities law violations by Hims & Hers Health, Inc. on behalf of investors.
- The investigation follows a Federal Trade Commission lawsuit filed on July 29, 2026, accusing Hims & Hers of deceptively sharing sensitive medical information with third-party advertisers like Meta and Snap.
- Following the lawsuit news, Hims & Hers stock dropped over 14 %, prompting the law firm to encourage affected investors to come forward.
- A federal appeals court refused to dismiss thousands of lawsuits against major social media companies alleging their platforms were designed to be addictive to young users.
- The court ruled that Section 230 of the Communications Decency Act provides a defense to liability rather than immunity from suit, making the companies' appeal premature.
- This decision clears the path for ongoing and upcoming trials brought by state attorneys general and school districts regarding child safety and data practices.
- A U.S. appeals court dismissed an appeal by major social media companies, allowing more than 3,000 lawsuits targeting young users' addiction to proceed.
- The tech firms argued that Section 230 of the Communications Decency Act protected them from liability, but the court ruled that the statute provides a defense rather than total immunity.
- This legal development advances trials brought by states and school districts, following previous substantial penalties and settlements faced by platforms like Meta and Google.