The bitcoin price is recovering somewhat after a mild print of the Federal Reserve’s key inflation rate. Still, bitcoin has reversed sharply since Tuesday, sliding nearly 5% over the past 24 hours and 11% from Tuesday’s record high. Wednesday’s Fed meeting appeared to be the trigger for bitcoin’s reversal, coming as the 10-year Treasury yield…
The Dow Jones Industrial Average inched up in morning trades Monday, helped by Nike (NKE), while other indexes were mixed. Bitcoin play MicroStrategy (MSTR) rose while famed investor Cathie Wood snapped up a plunging artificial intelligence stock. And Super Micro Computer (SMCI) plunged amid delisting fears on the stock market today. Trying to fight back…
Palantir Technologies (PLTR), MicroStrategy (MSTR) and Axon Enterprise (AXON), three of the hottest stocks in 2024, will join the Nasdaq 100 index before the open on Dec. 23, Nasdaq Inc. said late Friday. On the way out? Moderna (MRNA), Super Micro Computer (SMCI) and Illumina (ILMN). They’re among the smallest Nasdaq 100 members. Moderna stock…
MicroStrategy (MSTR) is the largest corporate holder of bitcoin, and continues to pad its coffers. Therefore, the stock’s price often moves with the price of the cryptocurrency. So, with bitcoin off highs, is MicroStrategy stock a buy, sell or hold? Bitcoin prices soared to nearly $100,000 in late November following Donald Trump’s presidential election win….
The stock market rally suffered sharp losses on Thursday, pushing the major indexes to or below key levels following generally weak reactions to tech titans’ earnings, including Microsoft (MSFT). preelection concerns might also be playing a role, along with Treasury yields pushing up on key levels. But stocks bounced somewhat on Friday, buoyed by Amazon.com…
Robinhood Markets Robinhood Markets HOOD $1.76 7.55% 225% IBD Stock Analysis Cup has two handles, with buy points at 21.54 and 24.06. Composite Rating Industry Group Ranking Emerging Pattern Cup with Handle * Not real-time data. All data shown was captured at 12:50PM EDT on 10/08/2024. Robinhood is the IBD Stock Of The Day for…