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Minnesota bans crypto ATMs after $1M scams targeting seniors, amid Medicaid fraud crackdown.

Market News
01 Aug 2026
Fox Business
View Source
Bearish
Minnesota bans crypto ATMs after $1M scams targeting seniors, amid Medicaid fraud crackdown.

Minnesota has banned cryptocurrency ATMs following reports of nearly $1 million lost in scams since 2023, primarily targeting seniors through impersonation schemes. The ban, signed by Governor Tim Walz, requires removal of existing machines by the end of 2026. These scams are hard to reverse due to the nature of crypto transactions. The ban coincides with a federal crackdown on suspected Medicaid fraud in Minnesota, where over $200 million in federal funding is frozen amid investigations into fraudulent claims and theft from state programs.

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Applied Materials expects strong AI-driven chip equipment demand and aims for high margins by 2030.

Applied Materials expects strong AI-driven chip equipment demand and aims for high margins by 2030.

Applied Materials projects sustained demand for its chipmaking equipment driven by AI infrastructure growth, expecting faster spending on wafer fab equipment through 2030. The company aims to increase its market share by over 2 percentage points from...

Market News
Bullish
39 minutes ago
Ollie's Bargain Outlet gains investor confidence with $105 price target and $500M share buyback boost

Ollie's Bargain Outlet gains investor confidence with $105 price target and $500M share buyback boost

Gordon Haskett Capital Corporation set a $105 price target for Ollie's Bargain Outlet, suggesting an 18.1% upside from its current price around $89. The company’s board approved an additional $500 million share repurchase authorization, increasing to...

Market News
Bullish
1 hour ago
FRUIT launches PAVE to integrate human judgment into AI decision-making systems.

FRUIT launches PAVE to integrate human judgment into AI decision-making systems.

FRUIT Holdings, Inc. introduced PAVE, a new protocol designed to allow AI systems to call on human judgment and authority when needed. This approach ensures that human input retains its value, authority, and attribution within AI workflows, addressin...

Others
Bullish
1 hour ago
AngioDynamics Q1 revenue rises 6.9%, but shares drop 21% despite positive results and CEO change.

AngioDynamics Q1 revenue rises 6.9%, but shares drop 21% despite positive results and CEO change.

AngioDynamics reported a 6.9% revenue increase to $80.9 million and a narrowed adjusted loss of 4 cents per share for Q1 fiscal 2027, with strong Med Tech sales growing 13.2%. Despite beating earnings expectations and improved gross margin, the stock...

Company Fundamentals
Bearish
2 hours ago
Domino's Q3 earnings beat estimates despite slow sales and declining cash flow

Domino's Q3 earnings beat estimates despite slow sales and declining cash flow

Domino's Pizza reported Q3 2026 earnings per share of $4.60, beating analyst expectations of $4.37, while revenue grew modestly by 3.4% to $1.19 billion. Same-store sales growth was minimal at 0.3% in the U.S. and 0.2% internationally, reflecting com...

Company Fundamentals
Neutral
3 hours ago
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