Congestion nicks CSX’s earnings, volume and revenue

Congestion nicks CSX’s earnings, volume and revenue

CSX’s safety performance improved in the first quarter. (Photo: Jim Allen/FreightWaves) CSX’s first-quarter profits fell as congestion hurt volumes and revenue while driving up the railroad’s expenses. CSX (NASDAQ: CSX) has been struggling operationally this year after a string of harsh storms. Roundabout detours required by the rebuilding of the hurricane-damaged Blue Ridge Subdivision and…

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99.9% of Crypto Is Worthless, Barry Silbert Says

During a recent conversation on “The Journeyman” podcast with financial expert Raoul Pal, Digital Currency Group founder Barry Silbert stated that 99.99% of cryptocurrency tokens are worthless.  “Over the last…13 years since I first bought Bitcoin…I’ve always been intellectually curious about everything else that’s coming out of our space. I think, for the most part,…

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ACEA and Eurelectric urge immediate grid upgrades for heavy-duty EV transition

ACEA and Eurelectric urge immediate grid upgrades for heavy-duty EV transition

The European Automobile Manufacturers’ Association (ACEA) and Eurelectric have issued a joint call for urgent reform and investment in Europe’s electricity grids to support the deployment of charging infrastructure for heavy-duty vehicles (HDVs). The appeal comes as the EU moves forward with plans to cut carbon emissions in the transport sector, requiring a substantial increase…

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Copper and P2P.org Kickstart Partnership to Enhance Staking for Institutions

Copper partners with P2P.org, offers institutional-scale solutions for staking More assets to be available for staking soon Copper, a flagship cryptocurrency custody provider and collateral manager, has shared the details of its strategic alliance with staking provider P2P.org. The two teams wll work together on a new generation of staking and restaking solutions for institutional…

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3 Monster Stocks to Hold for the Next 10 Years

3 Monster Stocks to Hold for the Next 10 Years

The best way to grow your wealth and better prepare yourself for retirement is to invest your money in promising stocks. Growth stocks are a great bet for the future and can help you increase the value of your portfolio over time. Some stocks also pay increasing dividends to boot, allowing you to enjoy a…

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Ethereum (ETH) Just Lost Fundamental Level, XRP Not Allowed in Bull Market? Shiba Inu (SHIB) Price on Verge of Free Fall

XRP has no traction Ethereum breaking down Shiba Inu has once again faced significant downward pressure. The asset is now trading at about $0.00001168, having failed to set up a significant support level in the last few sessions.  Since the token lacks a strong foundation it is extremely vulnerable to a sharp drop, perhaps as…

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