Bitget’s $352 million hack happened via spoofed transfers, not private keys, CEO Gray Chen says

She described the breach as the digital version of slipping forged withdrawal slips through a bank’s own teller window. The vault keys never left the building. Someone got into the office that prepares the slips, created paperwork that looked official, and sent it through the same approval window the bank…

This boring FTSE 100 share is 12 TIMES more popular than SpaceX stock! What is it?

The FTSE 100 often takes a lot of flak for its lack of blue-chip tech listings. SpaceX‘s blockbuster IPO in June once again highlighted the huge and growing gulf between the UK and US stock markets on this front. But that’s not to say the FTSE 100 isn’t packed with…

Cash ISA savers are losing £1.7bn a year! What should you do?

Image source: Getty Images It’s tough to keep tabs on which Cash ISA providers offer the best savings rates at any one time. We all lead busy lives, and being on top of who’s offering the highest rate isn’t usually a priority. What’s more, ISA rates continuously change over time,…

Is this growth stock under $7 the next Tesla?

Tesla stock doesn’t get anywhere near the same fanfare it used to. I blame SpaceX — it’s a shiny new stock compared to Tesla, which has been around since dinosaurs roamed the Earth back in 2010! Still, the share price is up about 23,650% since going public — a mind-boggling…

People Inc. jumps on report of MGM takeover interest

ffooter/iStock Editorial via Getty Images People Inc. (PPLI) soared 9% in after-hours trading on a report that MGM Resorts (MGM) is discussing making an offer for the company. It’s not exactly clear what MGM’s (MGM) intentions are, but the casino company may be trying to Source link

Costco outlines $7.5B FY2027 capex plan as it targets 33 warehouse openings (NASDAQ:COST)

Earnings Call Insights: Costco Wholesale Corporation (COST) Q4 fiscal 2026 Management View CEO Ron Vachris said Costco ended FY2026 with 939 warehouses and added, “Our current plan is to open another 33 warehouses in fiscal year 2027, of which 5 are relocations Seeking Alpha’s Disclaimer: This article was automatically generated…

Scholastic forecasts 2%-4% revenue growth and $135M-$145M adjusted EBITDA for fiscal 2027 as Book Fairs enter fall season (NASDAQ:SCHL)

Earnings Call Insights: Scholastic (SCHL) Q1 fiscal 2027 Management View “Scholastic continued to advance its fiscal 2027 priorities over the summer, while positioning our businesses for an important and promising second quarter.” (President, CEO & Director Peter Warwick) “Consistent with Seeking Alpha’s Disclaimer: This article was automatically generated by an…

New York sues Polymarket, alleging it is running an illegal gambling operation

The case adds to a growing fight between prediction markets and state gambling regulators over who has the authority to oversee the products. Prediction market companies argue that their event contracts are financial products overseen at the federal level by the Commodity Futures Trading Commission (CFTC). States have taken a…

3 mega-exciting growth stocks that could put the afterburners on Scottish Mortgage shares

Image source: Getty Images Why do I own Scottish Mortgage (LSE: SMT) shares? The main reason is that the investment fund boasts a stellar track record of picking early-to-mid-stage growth stocks with disruptive potential. Past winners include SpaceX (bagging an estimated 20x return), Nvidia (a 25x return) and Tesla (a…

Crypto exchange Bitget loses $352 million in hack, claims user funds are ‘safe’

Crypto exchange Bitget lost $351.6 million dollars to a system breach on Thursday, CEO Gracy Chen announced in a social media post. In a post on X, Chen said that Bitget’s cold wallets and user funds were safe, and that there were “unauthorized transfers from some of our hot wallets.”…