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Litecoin is a peer-to-peer cryptocurrency created by Charlie Lee. It was created based on the Bitcoin protocol but differs in terms of the hashing algorithm used. Litecoin uses the memory intensive Scrypt proof of work mining algorithm. Scrypt allows consumer-grade hardware such as GPU to mine those coins.  Why Litecoin? Litecoin is a cryptocurrency that has evolved from Bitcoin after its own popularity in the industry, this alternative, or ‘altcoin’ has emerged to allow investors to diversify their digital currency package, according to Investopedia. Litecoin is one of the most prominent altcoins and was created by former Google employee and Director of Engineering at Coinbase, Charlie Lee. Litecoin was the first to alter Bitcoin and the most significant difference is that it takes 2.5 minutes for Litecoin to generate a block, or transaction, in comparison to Bitcoin's 10 minutes.  ‘While this matters little to traders, miners who use hardware to run Bitcoin's network cannot switch over to Litecoin. This keeps bigger mining conglomerates away from Litecoin because they cannot easily optimize their profits by swapping to another coin, contributing to a more decentralized experience. Litecoin also has bigger blocks, and more coins in circulation, making it more affordable and swift when transacting,’ Investopedia explained.  As explained above, Litecoin can transact a lot faster than Bitcoin, but there are also a number of other characteristics that investors need to know before trading. Litecoin can handle higher volumes of transactions because of the capability of transacting faster and if Bitcoin attempted to transact on the scale of its altcoin, a code update would be needed. However, Litecoin’s blocks would be larger, but with more ‘orphaned blocks'. The faster block time of litecoin reduces the risk of double spending attacks - this is theoretical in the case of both networks having the same hashing power.  Litecoin Technical Details: The transaction confirmation time taken for Litecoin is about 2.5 minutes on average (as compared to Bitcoin's 10 minutes). The Litecoin network is scheduled to cap at 84 million currency units.   Litecoin has inspired many other popular alternative currencies (eg. Dogecoin) because of its Scrypt hashing algorithm in order to prevent ASIC miners from mining those coins. However it is said that by the end of this year, Scrypt ASIC will enter the mass market.

Litecoin

Litecoin is gaining attention as speculation around a potential ETF approval heats up, fueling optimism among community members who anticipate a significant price surge.  Discussions revolve around potential breakout levels and comparisons to other cryptocurrencies like Solana.  Some traders suggest LTC has been undervalued and may be on the verge of a substantial rally.

"What's Updog?" is a Community Led token.

UpDog

UpDog is trending as the community rallies around the joke meta on Solana, asking "What's UpDog?". Active community members are highlighting the token's long-term presence on the network and encouraging others to load up, referencing its listing on Jupiter Strict List.

Bitcoin is the first successful internet money based on peer-to-peer technology; whereby no central bank or authority is involved in the transaction and production of the Bitcoin currency. It was created by an anonymous individual/group under the name, Satoshi Nakamoto. The source code is available publicly as an open source project, anybody can look at it and be part of the developmental process.  Bitcoin is changing the way we see money as we speak. The idea was to produce a means of exchange, independent of any central authority, that could be transferred electronically in a secure, verifiable and immutable way. It is a decentralized peer-to-peer internet currency making mobile payment easy, very low transaction fees, protects your identity, and it works anywhere all the time with no central authority and banks.  Bitcoin is designed to have only 21 million BTC ever created, thus making it a deflationary currency. Bitcoin uses the SHA-256 hashing algorithm with an average transaction confirmation time of 10 minutes. Miners today are mining Bitcoin using ASIC chip dedicated to only mining Bitcoin, and the hash rate has shot up to peta hashes.  Being the first successful online cryptography currency, Bitcoin has inspired other alternative currencies such as Litecoin, Peercoin, Primecoin, and so on.  The cryptocurrency then took off with the innovation of the turing-complete smart contract by Ethereum which led to the development of other amazing projects such as EOS, Tron, and even crypto-collectibles such as CryptoKitties.

Bitcoin

Bitcoin is trending as the broader crypto market shows signs of waking up, with community members actively discussing potential new all-time highs. Bullish sentiment appears to be fueled by anticipation of a possible government shutdown and historically positive October performance. Some traders are watching key resistance levels, while others are focused on related assets and potential altcoin season.

Aventus Network

Aventus Network ($AVT) is trending due to discussions around its strong chart setup, real-world partnerships (Vodafone, Heathrow, DOT), and Polkadot integration, which some believe signals significant upside potential. Community members are closely monitoring volume, anticipating a potential breakout, and highlighting its low market cap. Traders are also discussing whether it can 10x.

TOSHI

TOSHI is trending amid community excitement, with some suggesting upcoming news and exchange listings could trigger further gains. Many highlight its association with Coinbase (formerly named Toshi) and its position as the 'face of Base' as key drivers. The community is actively discussing its potential to outperform other meme coins and the possibility of 'losing a zero' soon.

Reddit, Inc. operates an entertainment, social networking, and news website where registered community members can submit content. It provides online news services where users can select and rank web content. The firm also offers a personalized filter on the day's story, using previous votes to determine what new things the user might like to read. The company was founded by Steven Ladd Huffman and Alexis Ohanian on June 23, 2005 and is headquartered in San Francisco, CA.

Reddit Inc. - Ordinary Shares - Class A

Reddit Inc

RDDT is experiencing a selloff, with community members pointing to news regarding ChatGPT potentially reducing its reliance on Reddit content for answers; this development raises concerns about the platform's future ad revenue and user engagement. However, some investors view the dip as a buying opportunity, citing Reddit's growth potential, strong institutional ownership, and potential for a short squeeze. Others express concerns about censorship and bias on the platform.

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The SPY is trending as traders assess the impact of the government shutdown and weak jobs data, with some believing the shutdown is bullish while others anticipate a correction. Community members are debating whether the market's current strength is sustainable, pointing to factors like high valuations and potential overbought conditions. Bullish sentiment remains strong despite underlying economic concerns.

Netflix, Inc. engages in providing entertainment services. It also offers activities for leisure time, entertainment video, video gaming, and other sources of entertainment. It operates through the United States and International geographic segments. The company was founded by Marc Randolph and Wilmot Reed Hastings on August 29, 1997 and is headquartered in Los Gatos, CA.

Netflix Inc.

Netflix Inc

Netflix is trending amidst a cultural debate, with some users calling for boycotts due to concerns about the platform's content and perceived promotion of certain ideologies, sparking discussions about wokeness and its impact. This comes as the company continues to invest heavily in content and navigate a competitive streaming landscape. The community is actively debating the merits of these boycotts and their potential impact on Netflix's subscriber base and stock value.

Baidu, Inc. engages in the provision of internet search and online marketing solutions. The firm’s products and services include Baidu App, Baidu Search, Baidu Feed, Haokan, Quanmin, Baidu Post Bar, Baidu Knows, Baidu Encyclopedia, Baidu Input Method Editor or Baidu IME, Baidu AI Cloud and Overseas Products. It operates through the following segments: Baidu Core and iQIYI. The Baidu Core segment provides search-based, feed-based, and other online marketing services. The iQiyi segment is an online entertainment service provider, which offers original, professionally produced and partner-generated content on its platform. The company was founded by Yanhong Li and Xu Yong on January 18, 2000 and is headquartered in Beijing, China.

Baidu Inc - ADR

BIDU is trending as investors discuss its potential breakout and AI initiatives, including autonomous driving and AI cloud services. Community talking points include Cathie Wood's increased stake, comparisons to competitors, and price target speculation. Bullish sentiment is fueled by confidence in China's tech sector and Baidu's role in it.

The Stellar network is an open source, distributed, and community owned network used to facilitate cross-asset transfers of value. Stellar aims to help facilitate cross-asset transfer of value at a fraction of a penny while aiming to be an open financial system that gives people of all income levels access to low-cost financial services. Stellar can handle exchanges between fiat-based currencies and between cryptocurrencies. Stellar.org, the organization that supports Stellar, is centralized like XRP and meant to handle cross platform transactions and micro transactions like XRP. However, unlike Ripple, Stellar.org is non-profit and their platform itself is open source and decentralized.   Stellar was founded by Jed McCaleb in 2014. Jed McCaleb is also the founder of Mt. Gox and co-founder of Ripple, launched the network system Stellar with former lawyer Joyce Kim. Stellar is also a payment technology that aims to connect financial institutions and drastically reduce the cost and time required for cross-border transfers. In fact, both payment networks used the same protocol initially.  Distributed Exchange Through the use of its intermediary currency Lumens (XLM), a user can send any currency that they own to anyone else in a different currency.  For instance, if Joe wanted to send USD to Mary using her EUR, an offer is submitted to the distributed exchange selling USD for EUR. This submitted offer forms is known as an order book. The network will use the order book to find the best exchange rate for the transaction in-order to minimize the fee paid by a user.  This multi-currency transaction is possible because of "Anchors". Anchors are trusted entities that hold people’s deposits and can issue credit. In essence, Anchors serves as the bridge between different currencies and the Stellar network.  Lumens (XLM) Lumens are the native asset (digital currency) that exist on the Stellar network that helps to facilitate multi-currency transactions and prevent spams. For multi-currency transactions, XLM is the digital intermediary that allows for such a transaction to occur at a low cost.  In-order to prevent DoS attacks (aka spams) that would inevitably occur on the Stellar network, a small fee of 0.00001 XLM is associated with every transaction that occurs on the network. This fee is small enough so it does not significantly affect the cost of transaction, but large enough so it dissuades bad actors from spamming the network.   Prior to Protocol 12, Stellar had a built-in inflation mechanism conceived to allow account holders to collectively direct inflation-generated lumens toward projects built on Stellar.  As the network evolved and grew, it became increasingly clear that inflation wasn’t working as intended — account holders either didn’t set their inflation destination or joined inflation pools to claim the inflation themselves, and the operational costs associated with inflation payments continued to rise — and so a protocol change to disable inflation was proposed, implemented, voted on by validators, and ultimately adopted as part of a network upgrade.  The inflation operation is now deprecated. https://developers.stellar.org/docs/glossary/inflation/

Stellar Lumens

Stellar (XLM) is trending as the community discusses its potential for significant gains, drawing comparisons to XRP and highlighting its underlying technology. Recent developments, such as integrations with Visa and ETF inclusion, are cited as catalysts for long-term demand and passive inflow exposure.  Traders are watching for a breakout, with some pointing to bullish technical indicators.

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Hooker Furnishings (HOFT) CEO Jeremy Hoff stated that the home furnishings industry continues to face headwinds from low existing home sales, elevated mortgage rates, and persistent inflation, all of which are weighing on consumer confidence and demand.“Home Meridian net sales were down 44.5% compared to the prior year's second quarter, as this segment was heavily impacted by tariff-related buying hesitancy and persistent macroeconomic pressures among its value-focused customer base,” Hoff said on a post-earnings call.Retail sentiment on <a href="https://stocktwits.com/symbol/HOFT">Hooker Furnishings</a> improved to ‘bullish’ from ‘neutral’ territory a day ago, with message volumes at ‘high’ levels, according to data from Stocktwits.<figure class="image"><img style="aspect-ratio:798/105;" src="https://news.stocktwits-cdn.com/HOFT_sentiment_png_d6a6208469.webp" alt="HOFT sentiment.png" width="798" height="105"><figcaption>HOFT sentiment and message volume September 10, 2025, as of 1:45 pm ET | Source: Stocktwits</figcaption></figure>Shares of Hooker Furnishings were down over 11% during midday trading. The company’s second-quarter net sales came in at $82.15 million, compared with Wall Street expectations of $91.17 million, according to data compiled by Fiscal AI. Its loss per share was $0.31, compared with estimates of a loss of $0.16 per share.The company stated that it was implementing a multi-phase cost reduction strategy designed to achieve approximately $25 million in annualized savings by fiscal year 2027. In the first half of fiscal 2026, we achieved $3.7 million in expense reductions, despite having recorded $1.7 million in restructuring charges.Hoff noted that in late July, the U.S. government announced a 20% tariff rate on imports from Vietnam, the main source country for Hooker and the home furnishings industry, effective August 1, 2025.&nbsp;“Each of our segments is taking a different approach to mitigating the Vietnam tariffs. For domestic upholstery, the impact is on component parts and fabrics, and we're able to mitigate through incremental measures such as new fabric sourcing,” Hoff said.He added that for Hooker branded, the company was planning to remerchandise the line to manage the impact of the 20% tariff, evaluating pricing on a SKU-level basis rather than a blanket price increase.&nbsp;A user on Stocktwits noted that he expects the company to be able to navigate the supply chain impacts going forward.<stembedurl>https://stocktwits.com/FrostyEmpire4/message/628274474</stembedurl>Shares of Hooker Furnishings have declined 31% this year and 38% over the last 12 months.For updates and corrections, email newsroom[at]stocktwits[dot]com.Also See: <a href="https://stocktwits.com/news-articles/markets/equity/kroger-interim-ceo-highlights-shift-to-coupons-private-labels/chwNpIERdvD">Kroger Interim CEO Highlights Shift To Coupons, Private Labels Amid Economic Pressures: ‘Customers Are Feeling Stressed’</a>

Artistic representation of a trending chart.

Hooker Furnishings CEO Flags Housing, Tariff Headwinds As Home Meridian Sales Plunge 44.5%

Hooker Furnishings’ second-quarter net sales came in at $82.15 million, compared with Wall Street expectations of $91.17 million, according to data compiled by Fiscal AI.

Equity

Hooker Furniture (HOFT) Reports Q2 Loss, Lags Revenue Estimates

Hooker Furniture (HOFT) delivered earnings and revenue surprises of -158.33% and -9.89%, respectively, for the quarter ended July 2025. Do the numbers hold clues to what lies ahead for the stock?

GameStop (GME) Q2 Earnings and Revenues Beat Estimates

GameStop (GME) delivered earnings and revenue surprises of +31.58% and +8.02%, respectively, for the quarter ended July 2025. Do the numbers hold clues to what lies ahead for the stock?

Virco Manufacturing Corporation (VIRC) Q2 Earnings and Revenues Miss Estimates

Virco Manufacturing (VIRC) delivered earnings and revenue surprises of -16.67% and -19.08%, respectively, for the quarter ended July 2025. Do the numbers hold clues to what lies ahead for the stock?

New Strong Sell Stocks for July 11th 

HOFT, FWRG and SAIA have been added to the Zacks Rank #5 (Strong Sell) List on July 11, 2025.

Will Hooker Furniture (HOFT) Report Negative Q1 Earnings? What You Should Know

Reservoir Media, Inc. (RSVR) Meets Q4 Earnings Estimates

H World Group (HTHT) Misses Q1 Earnings and Revenue Estimates

Un'anteprima degli utili di Hooker Furnishings

Hooker Furnishings (NASDAQ:HOFT) pubblicher i prossimi risultati degli utili questo gioved 11 aprile. Ottieni le ultime previsioni con la guida essenziale di Benzinga per il rapporto sugli utili...

Avance de ganancias para Hooker Furnishings

Hooker Furnishings (NASDAQ:HOFT) publica su pr xima ronda de ganancias este jueves, 11 de abril. Esta es la gu a esencial de Benzinga para el informe de ganancias del cuarto trimestre de Hooker...

Hooker Furnishings Corp. engages in the design, market, and import of wooden and metal furniture, leather furniture, fabric-upholstered furniture, and outdoor furniture. It operates its business through the following business segments: Hooker Branded, Home Meridian, Domestic Upholstery, and All Other. The Hooker Branded segment refers to the operations of its imported Hooker Casegoods and Hooker Upholstery businesses. The Home Meridian segment relates to Pulaski Furniture, Samuel Lawrence Furniture, and Prime Resources International. The Domestic Upholstery segment refers to the domestic upholstery manufacturing operations of Bradington-Young, HF Custom, Shenandoah Furniture, and Sunset West. The All Other segment includes H Contract and Lifestyle brands. The company was founded in 1924 and is headquartered in Martinsville, VA.

Hooker Furnishings Corporation

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