Wall Street’s Wild Plan to 51% Attack Ethereum: Are We All in a Cosmic Joke?

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Bailey’s rather audacious scenario hinges on this quaint little concept of concentration: if a gaggle of corporate balance sheets happens to acquire a significant share of staked ETH, he mused, perhaps equity-market shenanigans could take the place of actually, you know, buying tokens. He opened his thrilling theory with: “If enough ETH validators were owned by public Ethereum treasury companies (we’re talking around 20% of total ETH supply), you could launch a 51% attack on the public equities (yes, that’s a thing), and woosh—suddenly, you have governance over Ethereum! Congratulations, you’ve just transformed securities law into Ether’s new consensus mechanism. Grab a cupcake, it’s party time!” 🎉

Why Southwest Airlines Stock Tumbled Today

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As Q2 approaches, analysts anticipated that the airline would generate at least a $0.51 per share profit (after adjustments) on revenues of approximately $7.29 billion. Contrary to these expectations, Southwest reported earnings of merely $0.43 per share and revenue of just $7.24 billion.

Delta C-Suite Exec Sells 17,550 DAL Shares

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What’s the relationship between the transaction of 17,550 shares and Carter’s usual historical trading size? The transaction seems quite close to Carter’s median historical trade size of around 17,747 shares, suggesting little variation from past activity.

Why Advance Auto Parts Stock Plummeted Today

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Today, the auto parts retailer shared key points from their Q2 earnings, and the most striking detail is this: The projected Q2 revenue by Wall Street of $1.97 billion is expected to be surpassed and could potentially reach up to $2 billion.

Why T-Mobile US Stock Rose on Thursday

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In Q2, T-Mobile gained approximately 1.7 million new postpaid customers, primarily due to a twofold increase in subscriptions for their premium Experience Beyond plan. This growth led to a 6.9% increase in revenue over last year, reaching $21.1 billion, slightly surpassing the predicted analyst target of $21 billion. Earnings per share also saw an improvement from $2.49 to $2.84, outperforming the Street’s expectation of around $2.68.