Crypto relationship scams pose ‘catastrophic harm,’ SEC official says. Here’s how to avoid them

Crypto relationship scams pose ‘catastrophic harm,’ SEC official says. Here’s how to avoid them


Key Points
  • Crypto relationship scams have become a common type of investment fraud tied to cryptocurrency like bitcoin and ethereum.
  • Criminals use social media, networking and other sites like Instagram, WhatsApp and LinkedIn to build trust and entice people to buy fake crypto investments, federal officials said.



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Stocks making the biggest moves after hours: United Airlines, Sarepta Therapeutics and more
Finance

Stocks making the biggest moves after hours: United Airlines, Sarepta Therapeutics and more

Check out the companies making headlines after the bell : United Airlines — Shares fell nearly 2% after the airline carrier posted a second-quarter revenue of $15.24 billion, missing analysts’ expectations of $15.35 billion, according to LSEG. Earnings, however, came in at $3.87 per share, exceeding the $3.81 consensus. Sarepta Therapeutics — The biopharma stock […]

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Stocks making the biggest moves midday: Morgan Stanley, ASML, Johnson & Johnson, SolarEdge and more
Finance

Stocks making the biggest moves midday: Morgan Stanley, ASML, Johnson & Johnson, SolarEdge and more

Check out the companies making headlines in midday trading. Morgan Stanley — Shares fell 3.6% despite the financial institution beating second-quarter estimates. Morgan Stanley earned $2.13 per share and saw $16.79 billion in revenue, while analysts anticipated earnings of $1.96 a share and $16.07 billion in revenue, per LSEG. SolarEdge Technologies – Shares plummeted more […]

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Jensen Huang woos Beijing as Nvidia finds a way back into China
Finance

Jensen Huang woos Beijing as Nvidia finds a way back into China

Key Points Nvidia CEO Jensen Huang’s Beijing trip this week coincided with news that the company expects the U.S. will let it resume sales of an AI chip to China. Huang walked into the sunny courtyard of the Mandarin Oriental hotel about 15 minutes earlier than scheduled and took multiple questions from reporters. Here’s what […]

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