utility

Cathie Wood, the founder of asset management firm Ark Invest, expressed uncertainty about the utility of President Donald Trump’s coin on Wednesday, adding that her company has avoided memecoin investments. What Happened: During an interview with Bloomberg TV, Wood labeled the launch of...

Changpeng Zhao, the founder of the world's biggest cryptocurrency exchange, Binance, said Monday that Bitcoin (CRYPTO: BTC) would transition from a speculative investment to a utility asset over the next decade. What Happened: During the Bitcoin MENA Conference in Abu Dhabi, Zhao, popularly...

Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks just under the surface and warrant attention. Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless...

PG&E Corporation (NYSE: PCG) shares were losing more than 10% Monday after California Gov. Gavin Newsom rejected the company’s bankruptcy restructuring plan late Friday. “I believe the Amended Plan falls woefully short of the requirements of [public utilities bill] AB 1054,”...

Hilliard Lyons maintains its Underperform rating on Aqua America Inc (NYSE: WTR) and cut the price target to $27 after shares recently traded above its prior target of $30. "At $27, WTR would trade ~20x our 2017E EPS which we view as fair value given peer multiples, and more importantly, just...