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Walmart beats all nine proposals at shareholder meeting

Walmart investors voted against all nine shareholder-led proposals during the retail giant's annual meeting on Wednesday, a preliminary tally by the company showed.

Walmart beats all nine proposals at shareholder meeting 2023/05/31 20:19

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ANALYSIS-US corporate debt binge could be hard to sustain

Large U.S. companies have been on a bond issuance binge but this rapid pace in supply may be hard to sustain ahead of expected volatility related to extending the U.S. debt ceiling and another possible move higher in interest rates.

ANALYSIS-US corporate debt binge could be hard to sustain 2023/06/01 00:01

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Missing 'Bitcoin Millionaire' and ONFO coin co-creator found dead: Report

The body of Dr. John Forsyth has been found following a week-long search but police reportedly said foul play did not appear to be a factor.

The co-founder of referral-based crypto project ONFO coin who went missing in Missouri on May 21, has been found dead around a week later on May 30 with an apparent gunshot wound, though police don’t currently suspect foul play. 

Dr. John Forsyth, a crypto advocate and emergency room doctor was feared missing by relatives after not showing up to his shift at the Mercy Hospital in Cassville. His family launched an appeal on his whereabouts on social media soon after.

Speaking to the Daily Beast at the time, his younger brother, Richard Forsyth, said that he wouldn’t miss a shift which was “an immediate red flag.”

Authorities later found Forsyth’s sedan parked less than a mile away from the hospital, on May 28.

Beaver Lake in northwest Arkansas, Dr. John Forsyth - Google Maps/Cassville Police Department

Forsyth’s wallet, passport, laptop, and work briefcase were found inside the unlocked vehicle. His brother added, “his cellphones were inside, which is also very uncharacteristic because he always has his cellphone.”

“It doesn’t seem like a person who left with a plan,” he told the AP on May 30.

However, the body was found about an hour south of where he was last seen, with an apparent gunshot wound though local police said foul play does not appear to be a factor.

Related: Crypto billionaires’ back-to-back deaths spark wild theories among the community

49-year-old Forsyth founded ONFO coin with his brother Richard Forsyth in 2020. The crypto project purportedly allows users to earn coins by referring others to the platform, a term it calls “network mining”.

ONFO has promoted itself by depicting the demise of the U.S. dollar through videos such as THE U S DOLLAR IS DOOMED posted to YouTube in 2021, though there haven't been any new videos posted in a year.

In 2020, Forbes labeled John Forsyth a “Bitcoin millionaire” who was studying mathematics as an undergraduate and was exposed to BTC and blockchain technology.

Forsyth joins a list of crypto advocates and founders that have died under mysterious circumstances.

In April, the creator of Cash App and the former technology chief at Square, Bob Lee, was killed following a stab wound. Authorities made an arrest on April 13 but did not comment on the motive of the attack.

Magazine: ‘Moral responsibility’ — Can blockchain really improve trust in AI?


Missing 'Bitcoin Millionaire' and ONFO coin co-creator found dead: Report 2023/06/01 00:26

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Rosenblatt Reiterates Elastic N.V (ESTC) Buy Recommendation

Fintel reports that on May 31, 2023, Rosenblatt reiterated coverage of Elastic N.V (NYSE:ESTC) with a Buy recommendation.

Rosenblatt Reiterates Elastic N.V (ESTC) Buy Recommendation 2023/06/01 00:43

RBC Capital Maintains Elastic N.V (ESTC) Outperform Recommendation

Fintel reports that on May 31, 2023, RBC Capital maintained coverage of Elastic N.V (NYSE:ESTC) with a Outperform recommendation.

RBC Capital Maintains Elastic N.V (ESTC) Outperform Recommendation 2023/06/01 00:43

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Walmart beats all nine proposals at shareholder meeting

Walmart investors voted against all nine shareholder-led proposals during the retail giant's annual meeting on Wednesday, a preliminary tally by the company showed.

Walmart beats all nine proposals at shareholder meeting 2023/05/31 20:19

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AI Couldn't Save These 2 Cybersecurity Stocks Today

Wall Street finished the month of May on a down note, with major market benchmarks giving back a portion of their recent gains. Declines for the Nasdaq Composite (NASDAQINDEX: ^IXIC) and S&P 500 (SNPINDEX: ^GSPC) were slightly worse than the daily drop in the Dow Jones Indust

AI Couldn't Save These 2 Cybersecurity Stocks Today 2023/05/31 18:43

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Ford CEO says EV cost parity may not come until after 2030

The cost to make electric vehicles may not drop to the level for gas-powered cars until after 2030 when the process becomes simpler and less labor-intensive, Ford Motor Co Chief Executive Jim Farley said on Wednesday.

Ford CEO says EV cost parity may not come until after 2030 2023/05/31 15:58

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Rosenblatt Reiterates Elastic N.V (ESTC) Buy Recommendation

Fintel reports that on May 31, 2023, Rosenblatt reiterated coverage of Elastic N.V (NYSE:ESTC) with a Buy recommendation.

Rosenblatt Reiterates Elastic N.V (ESTC) Buy Recommendation 2023/06/01 00:43

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What's Happening With Paramount Stock?

Paramount Global stock (NASDAQ: PARA) has had a tough year, declining by about 12% year-to-date, underperforming the S&P 500 which has risen by about 10% over the same period. The stock also remains down by over 50% in the last 12 months. The markets have been penalizing Para

What's Happening With Paramount Stock? 2023/05/31 22:53

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Palantir: The "Sleeper" Play on the AI Revolution

Nvidia CEO Jensen Huang calls ChatGPT's November 2022 release the AI industry's "iPhone moment," triggering an arms race among tech firms, big and small. Microsoft quickly bought half of OpenAI, the company behind ChatGPT. At the same time, Google, Meta and Alibaba raced to deve

Palantir: The "Sleeper" Play on the AI Revolution 2023/05/30 12:06

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The Environmental Impact of Blockchain Technology

Blockchain technology has a significant carbon footprint due to its energy-intensive process of verifying transactions and creating new blocks on the blockchain. 

The Environmental Impact of Blockchain Technology 2023/05/30 10:00

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Stocks to Watch: DuPont, Nike, KB Home are stocks to watch

Among the companies whose shares are expected to see active trade in Friday’s session are DuPont, Nike, and KB Home.

Stocks to Watch: DuPont, Nike, KB Home are stocks to watch 2014/06/27 05:48

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