Anthony Deruijter is dovish on FedEx stock despite raised guidance

Kabuhayan  Anthony Deruijter is dovish on FedEx stock despite raised guidance  4 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  FedEx Corp (NYSE: FDX) jumped more than 12% in extended trading after reporting better-than-expected earnings for its fiscal third quarter.  FedEx stock up on raised guidance  The stock gained also because the package delivery company raised its profit forecast for the full year.  FedEx is now calling for $14.60 a share to $15.20 a share in earnings versus up to $14 it had guided for earlier. Still, Anthony Deruijter – Senior Analyst at Third Bridge said on Yahoo Finance Live:  Demand issue could persist through this year and that could hit FedEx. They‘re talking about mid to high single digits drop on the volume side. [Plus], a lot of the cost cuts they’re talking about may not be that easy to pull off.  FedEx stock is now up 30% versus the start of 2023.  Analyst picks UPS over FedEx stock  FedEx Express continued to struggle with waning demand in the recent quarter but cost cuts and an 11% increase in per-package revenue helped the ground-shipping unit in the United States and Canada.  Still, Deruijter prefers peer UPS over FedEx stock thats now up 30% versus the start of 2023. Explaining why, he

2023-03-17Industriya

Playboy Lost $4.9M on Ethereum It Accepted as NFT Payments

Ethereum Mga NFT  Playboy Lost $4.9M on Ethereum It Accepted as NFT Payments  56 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  “The market price of one Ethereum in our principal market ranged from $964 – $3,813 during the year ended December 31, 2022, but the carrying value of each Ethereum we held at the end of the reporting period reflects the lowest price of one Ethereum quoted on the active exchange at any time since its receipt,” according to the filing. “Therefore, negative swings in the market price of Ethereum could have a material impact on the company‘s earnings and carrying value, while only time a rise in prices will impact the company’s earnings positively, is when the Ethereum held in the balance sheet, are sold at a gain,” the filing said.

2023-03-17Ethereum

SEC Boss Suggests Ethereum (ETH) Might Be Security Once Again

Ethereum  SEC Boss Suggests Ethereum (ETH) Might Be Security Once Again  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Alex Dovbnya  SEC Chairman Gary Gensler implied that proof-of-stake tokens like Ethereum should be regulated as securities, contradicting view of Commodity Futures Trading Commission Chairman Rostin Behnam  Gary Gensler, the head of the U.S. Securities and Exchange Commission (SEC), has once again implied that proof-of-stake (PoS) tokens, which include Ethereum (ETH), should be regulated as securities, Bloomberg reports.  During an SEC meeting held on Wednesday, the head of the organization highlighted that the individuals behind these tokens frequently utilize social media platforms to promote their ventures, attracting investors who anticipate making profits. He suggested that these projects should seek professional guidance in order to ensure compliance.  Genslers statement was in response to a question about the different views between him and Commodity Futures Trading Commission Chairman Rostin Behnam, who recently stated that he considers Ether a commodity.  During an interview in February, Gensler suggested that Ethereum might fall under the classification of a security. He believes that cryptocurrencies, excluding Bitcoin, are securities since entrepreneurs utilize diverse methods to endorse their tokens and attract investors. This view contradicts with the view of the head of the SECs sister regulatory agency.  Unlike

2023-03-17Ethereum

Euler Finance Hacker Mixes $1.6M in Ethereum on Tornado Cash

Ethereum  Euler Finance Hacker Mixes $1.6M in Ethereum on Tornado Cash  17 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  Funds tied to the latest Euler Finance exploit are on the move.  According to on-chain data, the attacker sent ten transactions to mixing service Tornado Cash worth 100 each from an intermediary address, and still holds 1,500 ETH labeled as “Fake Phishing” at the same address.  The address has sent a total of 1,000 ETH, worth roughly $1.6 million.  Hackers moved part of the stolen funds less than 24 hours after Euler Finance—a borrowing and lending platform—warned that if 90% of the assets were not returned, the company would offer a $1 million bounty to anyone who can provide information that can lead to their arrest and the return of all funds.  Euler Finance fell victim to a flash loan exploit that resulted in the loss of $8.7 million in the DAI stablecoin, $18.5 million in Wrapped Bitcoin (WBTC), $135.8 million in Staked Ethereum (stETH), as well as $33.8 million in USDC.  While Euler confirmed that it is working with law enforcement, the company also suggested the criminal investigation could be potentially dropped if the money is returned.  Notably, along with the funds sent to Tornado Cash, the attackers, as

2023-03-17Ethereum

Ethereum co-founder praises Gary Gensler as ‘shining knight of decentralization’

Ethereum  Ang co-founder ng Ethereum ay pinupuri si Gary Gensler bilang nagniningning na kabalyero ng desentralisasyon  10 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Ethereum co-founder Joseph Lubin praised SEC Chair Gary Gensler as a “shining knight of decentralization.”  Speaking at ETHDenver (which ended on March 5,) Lubin spoke candidly about recent regulatory enforcement actions, holding Gensler as a catalyst for driving decentralization – much to the audiences jeers.  Digital Asset Investor clipped and posted the relevant part of the Fireside Chat, which was posted on YouTube on March 14.  Ethereum co-founder says SEC is doing a great job  Using the recent example of SEC enforcement action against Kraken, Lubin said the exchanges staking product was centralized – therefore, a security offering.  He added that claims of it being decentralized did not stand up when Krakens efforts generated the yield paid to stakers.  “If you advertise that youre a very decentralized thing in such a way that it sounds like people are going to make money based on your effort, just that language can make it a security.”  Under securities laws, the Howey Test determines whether a contract, scheme, or transaction meets the definition of a security. It focuses on determining whether investors paid money in a common enterprise with

2023-03-16Ethereum

Euler Hacker Gives out Stolen ETH to Random Users, Heres Whats Happening

Ethereum  Euler Hacker Gives out Stolen ETH to Random Users, Here‘s What’s Happening  28 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  In an unexpected turn of events, the hacker responsible for the recent Euler Finance katapangang-gawa has returned 100 ETH to a random user who claimed to have lost their life savings in the hack.  The user had requested that the hacker return 75 ETH, but surprisingly, the hacker sent 100 ETH instead. However, it remains unclear whether the user had genuinely lost funds during the hack, as there is no way to verify this claim.  Previously, numerous users had asked the hacker to return 90% of the stolen funds to the Euler Finance team and retain 10% as a bounty reward. Despite these requests, the hacker has shown no signs of collaboration or cooperation with the team.  Euler Finance, a decentralized finance (DeFi) platform, recently experienced a security breach, resulting in substantial losses for investors. In the aftermath, the hackers actions have attracted significant attention, as they returned 100 ETH to a random user. The user had reached out to the hacker, claiming to have lost their life savings, and requested the return of 75 ETH. Instead of fulfilling that exact request, the hacker returned

2023-03-16Ethereum

SEC Chair Hints At Clear Jurisdictional Rights Over Ethereum

Ethereum  SEC Chair Hints At Clear Jurisdictional Rights Over Ethereum  Balita ng Ethereum ng Bitcoin  Two of the biggest US regulators – SEC and CFTC – are once again locking horns over their jurisdictional rights on cryptocurrencies. On Wednesday, March 15, SEC Chair Gary Gensler once again stressed that all Proof-of-Stake tokens and digital assets should be treated as securities.  Gensler‘s comments came just a week after the CFTC stressed that Ethereum should fall under the ’commodities category. Besides, the derivatives market regulator said that since the Ether futures have been trading on the CFTC exchange, they must fall under their jurisdiction.  Theres a lot of regulatory confusion particularly over Ethereum as the network transitioned from a Proof-of-Work to a Proof-of-Stake blockchain last year in 2022. Proof-of-Stake is a process wherein crypto holders get financial rewards by letting them use some of their cryptocurrencies in validating transactions.  Gensler stated that promoters of the PoS projects attract investors by offering an expectation of earning returns. “I would suggest that each of these token operators, obviously consulting with the appropriate talent, seek to come into compliance,” he said.  SEC Chair on Ethereum  Genslers comments came in response to a question that asked that there was an obvious disconnect between the

2023-03-16Ethereum

Crude Oil: Lets Get to the Bottom of Where Prices Are Headed

Kabuhayan  Crude Oil: Umabot Natin sa Ibaba kung Saan Patungo ang mga Presyo  21 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  The price of Crude Oil futures is under pressure Wednesday. The financial media is drawing a straight line from weakening Treasury yields and stock prices to a weak economy and less demand for crude oil. I wont argue against that kind of thinking, but I want to focus on where oil futures could be going in in the short-term.  Lets go to the charts.  In the weekly close-only line chart of the continuous futures contract (a series of nearby futures contracts linked together to make a longer-term chart) below, I can see that prices are breaking downward from a three-month sideways consolidation pattern in the $80-$70 area. Prices are pushing down into a zone of potential support (prior resistance) in the $70 to $60 area. Weakness below the midpoint of this area (below $65) will mean that the odds rise that the support will be broken.  Trading volume has been diminishing and the weekly OBV line has been weakening since the middle of June. The Moving Average Convergence Divergence (MACD) oscillator is bearish.  In the daily Point and Figure chart of the Light Crude Oil continuous

2023-03-16Industriya

Los Angeles Chargers No Longer Wonder What’s Their Line As Trey Pipkins Returns On Three-Year Deal

Kabuhayan  Ang mga Charger ng Los Angeles ay Hindi Na Nagtataka Ano ang Kanilang Linya Habang Nagbabalik si Trey Pipkins Sa Tatlong Taong Deal  19 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Los Angeles Chargers right tackle Trey Pipkins III (79) wont be on the move next season as the  Copyright 2021 Ang Associated Press. Nakalaan ang lahat ng mga karapatan.  The new NFL year is bringing a new-look to the Los Angeles Chargers offensive line, with a touch of something familiar.  Trey Pipkins III, L.A.s right tackle, has agreed to a fresh deal in exchange for forgoing free agency. The parties agreed to a three-year, $21.7 million contract, according to various reports.  Pipkins gradually worked his way into a significant role with the Chargers as he started 14 games last season. Many of those assignments came with Pipkins playing through a knee injury, which was among the reasons his stock rose with the Chargers.  Someone not returning is right guard Matt Feiler, as he was shown the door to supply $6.5 million in salary-cap relief and to make room for Jamaree Salyer.  It was Salyer, a sixth-round pick last year, who did wonders in helping to save the Chargers season. When Pro Bowl left tackle Rashawn Slater exited

2023-03-16Industriya

Science Says You Can Heal From A Breakup With Food

Kabuhayan  Sinasabi ng Agham na Magpapagaling Ka Mula sa Isang Paghihiwalay Sa Pagkain  13 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  For an overwhelming segment of the population, the trauma of a breakup creates a beeline for so-called comfort foods: tubs of ice cream, pizza, cake or other sugary, processed foods. Just ask the makers of Mexican ice cream brand, Elena‘s Halados who have capitalized on heart break cravings with their special edition product, ’Adios Amor Adios‘ that features flavors such as Denial, Anger, Sadness, Acceptance and Hope. But according to Ashley Gearhardt, a researcher at University of Michigan’s FAST (Food Addiction Science and Treatment) Lab, the reward mechanism that is triggered in the brain by high calorie foods during a period of stress or anxiety is short lived, and can give way to negative emotions such as depression, fatigue, regret and anger. A 2019 analysis of 15 studies across more than 45,000 participants, confirms that diet is correlated with feelings of well-being and that consumption of healthy foods such as vegetables and fruits is associated with the most profound psychological benefits following stressful periods, such as a breakup.  While most people crave comfort food like cake and ice cream following a breakup, scientific  makulit  In

2023-03-16Industriya
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