Andrew Tate, a controversial influencer, suffered nearly $86,000 in losses after eight consecutive liquidations on leveraged Bitcoin trades within 16 hours. Starting with about $100,000 USDC, his account dropped to just $14,219 after a $3.8 million 40x leveraged long position was liquidated when Bitcoin's price fell below his threshold. He then reversed to a short position, which was also liquidated due to a price rebound. This occurred during a broader market selloff triggered by the Federal Reserve's aggressive interest rate stance, causing over $400 million in liquidations across exchanges and highlighting the risks of high leverage in volatile markets.
Reddit joined the S&P 500 index on August 18, 2026, replacing AvalonBay Communities, which may increase demand for its shares from index-tracking funds. Morgan Stanley maintained an Overweight rating on Reddit but lowered its price target from $240 t...
BJ's Wholesale Club reported quarterly earnings per share of $1.36 and revenue of $6.23 billion, surpassing analyst expectations. The growth was driven by budget-conscious shoppers and strong membership momentum, pushing sales beyond the company's fo...
UBS analyst Radi Sultan set a $40 price target for GitLab Inc., suggesting a nearly 5% downside from its current $42.08 share price. Despite this cautious outlook, the rise of AI is boosting demand for GitLab's software development platform, especial...
DraftKings (DKNG) shares closed at $25.03 on August 20, 2026, well below their 52-week high of $48.78, reflecting significant volatility. Wall Street analysts mostly maintain a positive outlook, with many recommending Buy or Strong Buy and average pr...
Tennessee American Water has completed a new 750,000-gallon water storage tank in Lookout Valley, doubling the area's water storage capacity. This tank is part of a $45 million infrastructure investment program aimed at improving water system reliabi...
