Hackers compromised verified SpaceXAI and Starlink X accounts to promote the SCATMAN memecoin, misleading users into buying it. The token's market cap briefly surged to nearly $2 million due to the fake hype, fueled by over 72,000 views on fraudulent tweets. However, the attackers dumped their holdings, causing the token's value to crash by 98% and liquidity to vanish within 24 hours. This incident highlights the risks of trusting compromised social media accounts in crypto markets and the potential for rapid scams exploiting social credibility.
Best Buy reported a strong fiscal Q2 2027 with revenue up 3.6% to $9.78 billion and comparable sales rising 4.1%, surpassing expectations. Adjusted diluted EPS increased 15% to $1.47, helped partly by $34 million in tariff refunds. Following these re...
BP, a major global energy company, is actively managing its portfolio by potentially selling oil and gas assets in Egypt to Energean and investing in new projects like a Halliburton contract in Brazil's offshore field. This strategic move aims to enh...
Pernod Ricard reported Q4 2026 earnings per share of $0.42 and revenue of $4.90 billion, both surpassing analyst expectations. However, the company faces significant organic sales declines of 14% in the US and 19% in China due to weak consumer demand...
BYD Company Limited is expected to report strong Q2 earnings driven by robust electric vehicle sales and growing exports. The company surpasses Tesla in gross profit margins and delivery volume, highlighting its competitive edge. BYD's strategic focu...
Diodes Incorporated's stock surged 19.27% over the past 30 days, showing strong market momentum despite a recent 12.30% pullback in the last 10 days. This decline has brought the stock to a local low, potentially attracting investors looking for entr...
