Analyst resets Southwest stock price target on revenue initiatives
This is what could happen next to Southwest Airlines shares.
Bitcoin ATMs are a hotbed for scams, FTC says
The Federal Trade Commission (FTC) published a report about increasing fraud at Bitcoin ATMs. Since 2020, the FTC says, fraud at Bitcoin ATMs has ballooned nearly tenfold, and just in the first half of 2024, consumers have lost more than $66 million to these scams. Scammers use tactics like fake phone calls, messages and security alerts to convince people that they're in danger, and that they should deposit cash into a Bitcoin ATM to protect it.
Nvidia is flashing a sell signal and its huge rally marks the peak of a 40-year market cycle, veteran strategist says
Most of Nvidia's employees are already millionaires - the "best reason" to sell the stock, one strategist says.
Economic headwinds, light shipments weigh on ArcBest in August
A soft macroeconomic environment has resulted in lighter shipments for ArcBest and a delay in the company’s freight swap. The post Economic headwinds, light shipments weigh on ArcBest in August appeared first on FreightWaves.
Bitcoin exchange reserves hit lowest level since 2018
Over $1 billion worth was moved off of centralized exchanges over the last 7 days.
Why Alphabet Stock Flopped Today
The company's operations might change fundamentally after its big defeat in court, a group of pundits believe.
Why Equinor Stock Tumbled by 5% on Tuesday
A fresh move by an analyst following the stock didn't do it any favors.
Snap to focus on growing ads business, augmented reality amid poor stock performance
The announcement comes amid a challenging period for the Snapchat owner, as it contends with major social media players such as Instagram parent Meta Platforms and Bytedance's TikTok for advertising revenue. At the start of August, Snap projected a weak forecast for the current quarter, citing a decrease in advertising spend and is now expected to report fiscal 2024 revenue of $5.34 billion, according to LSEG data. Snap's stock has fallen around 48% so far this year.
BlockDAG latest crypto firm to score deal with major European soccer clubs
After several years of keeping a low profile, largely in part to the FTX scandal and conviction of Sam Bankman-Fried, crypto firms are making their way back into professional sports
Benchmark diesel price drops a little; oil futures markets drop a lot
The drop in the benchmark retail diesel price is a lot smaller than what is going on in futures markets. The post Benchmark diesel price drops a little; oil futures markets drop a lot appeared first on FreightWaves.