Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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The Coca-Cola Co (NYSE:KO) stock was trading flat Tuesday after the beverage company announced a new strategic relationship with BodyArmour. As part of the agreement, Coca-Cola will acquire a minority stake in the sport beverage company in exchange for access to Coca-Cola's bottling system with future potential for an international expansion.
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Tapestry Inc (NYSE:TPR) gained more than 5 percent after the fashion company reported its fiscal fourth-quarter results. The parent company of Coach, Kate Spade and other luxury brands said it earned 60 cents per share in its quarter on revenue of $1.48 billion versus expectations of 57 cents per share and $1.47 billion. The company guided its full year 2018 EPS to a range of $2.70-$2.80 on revenue of $6.1-$6.2 billion versus estimates of $2.60 per share and $5.86 billion.
Switch Inc (NYSE:SWCH) lost more than 25 percent in reaction to a weak second-quarter earnings report and downward revision to its 2018 sales and EBITDA guidance. BTIG Research downgraded the stock from Buy to Neutral.
Truett-Hurst Inc (NASDAQ:THST) gained more than 100 percent after the nano-cap wine company said it reached an agreement to sell its wholesale wine business to Precept Brands.
Advance Auto Parts, Inc. (NYSE:AAP) gained more than 6 percent in reaction to a second-quarter sales and earnings beat. The company also guided its full year 2018 sales to a range of $9.3-$9.5 billion versus the Street's estimate of $9.38 billion.
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Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.