Zscaler shares received a boost on Tuesday after Macquarie analyst Frederick Havemeyer raised his rating on the stock to Outperform from Neutral. Havemeyer believes the company will benefit from the "intensifying cyber threat landscape" and the upcoming data breach disclosure requirements from the Securities and Exchange Commission (SEC). Improved Rating and Target … [Read more...] about Zscaler Analyst Upgrade Drives Stock Boost
SEC
Alleged $191 Million Cattle Ponzi Scheme Halted by SEC
The Securities and Exchange Commission (SEC) has taken action to prevent an ongoing cattle Ponzi scheme, which is alleged to have defrauded investors of $191 million. A temporary restraining order has been obtained against Texas company Agridime and its owners, Josh Link and Jed Wood. According to the SEC, Agridime and its owners diverted millions of dollars from investor funds … [Read more...] about Alleged $191 Million Cattle Ponzi Scheme Halted by SEC
Bitcoin ETF Approval Sparks Market Volatility
Bitcoin and other cryptocurrencies experienced a surge followed by a retracement in value on Thursday after the Securities and Exchange Commission (SEC) gave approval for the first spot Bitcoin exchange-traded funds (ETFs). While the crypto community hailed this move as an endorsement, the price action indicated a "buy the rumor, sell the news" pattern unfolding. Over the past … [Read more...] about Bitcoin ETF Approval Sparks Market Volatility
Coinbase Shares Surge Amid Cryptocurrency Regulation Battle
Coinbase Global Inc. experienced a significant surge of over 24% in its shares on Thursday, following a judge's ruling on a case related to cryptocurrency tokens. This ruling has sparked debates on Wall Street regarding the potential impact on Coinbase's ongoing regulatory challenges. Currently, the cryptocurrency exchange is engaged in a battle with the Securities and Exchange … [Read more...] about Coinbase Shares Surge Amid Cryptocurrency Regulation Battle
