Nasdaq Dips Over 300 Points; PepsiCo Reports Weak Sales

U.S. stocks traded mixed midway through trading, with the Nasdaq Composite falling more than 300 points on Thursday. The Dow traded up 0.21% to 39,803.00 while the NASDAQ fell 1.81% to 18,310.23. The S&P 500 also fell, dropping, 0.84% to 5,586.74. Check This Out: Top 4 Real Estate Stocks That Could Lead To Your Biggest […]

Bitcoin Spot ETFs Keep Buying The Dip This Week: Here’s Why

Bitcoin (CRYPTO: BTC) spot ETFs recorded $216 million in net inflows on Tuesday after an already strong start to the week. What Happened: SoSoValue data shows BlackRock‘s iShares Bitcoin Trust (NASDAQ:IBIT) leading the charge with $121.03 million in inflows, followed by Fidelity‘s Fidelity Wise Origin Bitcoin Fund  (BATS:FBTC) with $90.95 million. Ark Invest and 21Shares […]

Analysts See Upside Ahead For Amazon Stock As Prime Day Approaches

Roth MKM tapped a 20-year e-commerce expert for insights into Amazon.com Inc’s (NASDAQ:AMZN) growth trajectory ahead of the company’s 10th Prime Day event, July 16 and 17. The result: upside is expected in the second quarter. What To Know: Moth MKM analyst Rohit Kulkarni detailed several takeaways from a recent conversation with an experienced e-commerce […]

Check Out These 4 Stocks Insiders Are Buying

Although U.S. stocks closed higher on Friday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company’s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the […]

Why Is Bitcoin Up On Monday?

Bitcoin (CRYPTO: BTC) has begun the second half of the year by rebounding from the $60,000s to as high as $63,700. What Happened: This upward momentum follows a brief break below the $60,000 support level last Monday and has been bolstered by $73 million in BTC spot ETF inflows on Friday, June 28. This marks […]

Billionaire Bill Ackman’s Hedge Going Public for How Much a Share?

Pershing Square USA, a fund managed by billionaire Bill Ackman, is set to offer shares at $50 each in an initial public offering (IPO) in New York. The fund will be open to all investors in the United States, including retail investors. What Happened: Pershing Square USA has not yet disclosed the exact number of […]

Why Southwest Airlines Shares Are Falling Today

Southwest Airlines Company (NYSE:LUV) shares are trading lower after the company lowered its outlook for second-quarter unit revenues. The company anticipates a 4% to 4.5% decline in operating revenue per available seat mile (unit revenues), contrasting sharply with the previous expectation of a 1.5% to 3.5% decrease. Southwest Airlines said in an exchange filing that […]

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Top Crypto Trader Contemplates Retirement, Looks For ‘One Last Bullish Trade’ On Bitcoin, Ethereum, Solana

July 12, 2024

Renowned crypto trader DonAlt is considering stepping away from active trading, citing disillusionment with the current state of the cryptocurrency market. What Happened: In a recent episode of the popular “Casual Friday” podcast, Don revealed his plans to wind down his trading activities while expressing a desire for “one last bullish trade” to end on […]
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