Rite Aid Drops 7% On Revenue Miss

Shares of retail drugstore chain Rite Aid Corporation (RAD) are falling more than 7% in the morning trade on Thursday after the company’s second-quarter revenue missed analysts’ view. Revenues from continuing operations in the second quarter increased 2.2% to $6.11 billion from $5.98 billion last year, however, missed the average […]

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Bitcoin Recovers After Dip to $40,000

Bitcoin has bounced back from a flash dip during Shanghai morning time to about $40,100 with it unclear whether we’re now looking at a V recovery or otherwise as pictured above. Eth had an even worse night, with it dropping below $3,000 and continuing to fall until $2,800 held. It’s […]

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As Bitcoin Struggles To Reclaim $50k, This Bloomberg Analyst Tells Why He Still Has Eyes Peeled For $100,000 In 2021

Bloomberg Intelligence Analyst McGlone believes Bitcoin will reach $100,000 in 2021, with supported factors such as increased adoption, past BTC trading trends, and Bitcoin’s declining supply. “Can bitcoin reach $100,000 in 2021? Five charts show potential- Past bitcoin trading trends and the crypto’s declining supply vs. mainstream adoption suggests a […]

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