Shares of travel technology company Despegar.com, Corp. (DESP) are surging more than 14% Wednesday morning after raising full-year outlook. The company now expects revenue for the full year to be in the range of $690 million – $700 million, up from the previous outlook of $670 million – $700 million. […]

The cryptocurrency market, particularly Bitcoin, has experienced quite a bit volatility in the past couple of days. Last Friday, Bitcoin reached a yearly high of $44,715 but has since seen a decline, currently trading around $41,420. This represents a 4.47% decrease in the past 24 hours and a 7.36% drop […]

Shares of department store chain Macy’s, Inc. (M) are rising more than 18% Monday morning on the news of a buyout proposal from a group of private investors for about $5.8 billion. As per report by The Wall Street Journal, real-estate focused investing firm Arkhouse Management and global asset manager […]

Shares of health service company The Cigna Group (CI) are rising more than 16% Monday morning after the company announced $10 billion increase in its share repurchase program to $11.3 billion. The company plans to buy back at least $5 billion by the end of the first half of 2024. […]

It appears that certain Bitcoin (BTC) whales have demonstrated remarkable proficiency in trading, as evidenced by recent on-chain data analysis. A particular Bitcoin address, identified by its starting sequence 37BnFf, has been the focus of attention due to its highly successful trading strategies. Initial Trading Strategy and Profit Accumulation This […]

Anthony Pompliano, the founder of Pomp Investments, appeared on Fox Business’s “Making Money With Charles Payne” on 8 December 2023. The discussion revolved around various aspects of cryptocurrency, including Bitcoin, regulatory concerns, the role of stablecoins, and the financial outlook for 2024. The interview commenced with a focus on the […]

Shares of RH (RH) are falling more than 14% Friday morning after the company turned to loss in the third quarter, primarily on decline in revenue. The company reported a loss of $2.19 million or $0.12 per share for the third quarter compared with profit of $98.76 million or $4.17 […]

On December 7, 2023, Jurrien Timmer, the Director of Global Macro at Fidelity Investments, shared his perspective on Bitcoin’s current state and future prospects in a thread on social media platform X (formerly, known as Twitter). His analysis draws parallels between Bitcoin and traditional assets while exploring its unique characteristics. […]

The price of the flagship cryptocurrency Bitcoin (BTC) has moved up more than 23% over the past month and over 160% year-to-date in sharp moves that helped cryptocurrency-related stocks recover amid renewed optimism. As cryptocurrency-related stock prices grew, short sellers lost over $2.6 billion in less than three months and […]

Leading stablecoin issuer Tether has seen its Bitcoin (BTC) investment strategy start to pay off as the company’s BTC holdings are now valued at $2.4 billion after rising more than 85% from the company’s average purchase price, leading to an unrealized gain exceeding $1 billion. According to popular researcher EmberCN, […]