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A Bitcoin wallet, inactive for nearly 12 years, has suddenly sprung into action, transferring millions worth of digital currency. On-chain tracking platform reported that a wallet transferred 1,000 Bitcoin, worth $60 million to two new wallets Sunday. The wallet received this stash way back in September 2012, when the price of one Bitcoin was a mere $12.06. Since then, no inbound or outbound activity has been reported from the wallet.

Valvoline Inc. What the bulls are saying: 🐂 #VVV is enjoying healthy growth, illustrated by its historical compound annual growth rate (CAGR) of +8.2% since 2016, with plans to accelerate this to between +7% to +10% year on year. The company's robust growth is supported by its blend of franchised and company-owned stores, and further bolstered by the practice of pricing flexibility that could spur additional growth. Furthermore, the +7.1% system-wide SSS (same-store sales) growth, a resilient quick lube industry emphasizing the importance of oil changes for vehicle longevity, and growing demand for 'do-it-for-me' services and add-on sales, all contribute to Valvoline's strong financial position. What the bears are saying: 🐻 Valvoline is facing challenges with stagnant growth as indicated by its main competitor, Jiffy Lube, and industry trends showing a decline in drivers choosing to service their vehicles at automotive maintenance establishments. The company's future pricing situation is also concerning as it is expected to be below their long-term growth target, mainly due to the substantial price hikes seen in previous years. Furthermore, the general underperformance of stocks in the auto-aftermarket sector, which includes companies like #DRVN, #MCW, and #MNRO, further casts a shadow on the outlook for Valvoline.

Imagine you’re watching TV when debris from the International Space Station comes through roof…

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What are the implications of the attempted assassination of former President Donald Trump on the market? Aaron Bry | Dennis Dick, CFA

“Personally I Think AI Is Overhyped And We’re Going To Run Into Some Real Issues” Dave Lauer joined Benzinga's Premarket Prep team to talk about how he thinks #AI is overhyped and the comparison between .com stocks of the early 2000's and NVIDIA. #nvda #nvidia

Tesla stock is slipping in premarket trading although it could come back up in the regular session. Catherine Wood's ARK Investment Management LLC, which took some profits off the table following the electric vehicle maker’s second-quarter deliveries report, paused sales on Monday. Is the firm factoring in a trend reversal? Ark Invest began selling Tesla shares just after the company reported second-quarter deliveries that topped muted forecasts. The trade is in line with the firm’s usual practice of taking some profits on its staple stocks when they run up. The firm continued selling a smattering of its Tesla holdings over the next two sessions before pausing on Monday. Why It’s Important: The shares could experience volatility in the run-up to its earnings report due on July 23. That said, analysts, including bears, see the uptrend continuing into the robotaxi unveil event on Aug. 8. . #tesla #cathiewood #arkk #robotaxi

Bold prediction on Tesla’s stock price: