NASDAQ reaches 20,000 point milestone! Tesla led a group of tech giants to reach new highs. Has the Christmas market started?
Historically, every year on the seven trading days after Christmas, that is, the five trading days at the end of the year and the first two trading days of the following year, investors tend to go long, and US stocks are likely to rise. This seven-day market is called the “Christmas market.” The data shows that in the past 70 years, the S&P 500 index has an 80% chance of rising in these seven trading days.
Super Micro Computer Teeters On Edge Of Nasdaq 100: Can XAI, Nvidia Help Stabilize Trajectory?
Bitcoin Reclaims Six-figure Mark as Inflation Data Bolster December Fed Cut Odds
Shares of Crypto-related Stocks Are Trading Higher Amid a Rise in Bitcoin.
Express News | The Concept of Cryptos initially strengthened, with MicroStrategy rising over 4%.
Eric Trump, the second son of Trump: The USA is about to welcome the most crypto-friendly government in history!
① Eric, the second son of Trump, the elected president of the USA, stated that the Trump administration will become the most friendly government towards Cryptos in USA history. ② Eric mentioned at the Bitcoin Middle East and North Africa conference that Trump will promote USA's leadership in the "digital revolution" and promised not to impose excessive regulation on Cryptos.
MicroStrategy: Nasdaq 100 Inclusion On The Horizon Could Spell 59% Upside, Says Bernstein
Annual Review | The strongest sector in US stocks for 2024 has been revealed! Technology stocks are leading the way, with the "new AI superstar" Applovin skyrocketing over 700%, and NVIDIA rising over 170% at one point becoming the top company by Market C
The three major U.S. stock indices have repeatedly set historical highs this year, with the Dow Jones Industrial Average once breaking the 45,000-point barrier, and the Nasdaq continually approaching the 20,000-point mark. Even more exciting is that the S&P 500 Index has successfully stood above 6,000 points, marking the 57th closing high of the year.
Microsoft Shareholders Vote No on Bitcoin Despite Michael Saylor's Pitch
Is a debt crisis about to occur? Dalio: Will invest in Gold and Bitcoin and other "hard currencies"!
Ray Dalio, founder of Bridgewater Fund, one of the world's largest hedge funds, stated on Tuesday that he will invest in hard currencies such as Gold and Bitcoin, while avoiding debt-related Assets, as most major economies are facing rising debt ratios. He added that the debts of many major countries, including the USA, have reached unprecedented levels and emphasized that the current debt levels are unsustainable.
Microsoft Shareholders Reject Proposal To Explore Bitcoin Investment
Bitcoin once dipped below $95,000! Microsoft shareholders voted against the Bitcoin investment proposal: there is no guarantee of returns.
① Microsoft’s major shareholders voted against including Bitcoin on the company's balance sheet, believing it does not align with the long-term interests of shareholders; ② The Board of Directors of Microsoft opposes investing in Bitcoin, stating that corporate funds require stable and predictable investments to ensure liquidity and operational funds.
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Ray Dalio, founder of Bridgewater Fund: Invest in Gold and Bitcoin, and stay away from debt-related Assets.
On Tuesday, Ray Dalio, co-founder of Bridgewater Associates, one of the largest hedge funds in the world, stated at a financial conference in Abu Dhabi that in the context of worsening debt issues facing most major economies, he prefers to invest in "hard currencies" such as Gold and Bitcoin, while avoiding debt-related Assets: I believe there may be issues with debt currencies. I want to avoid debt-related Assets, such as Bonds and Other forms of debt, and Hold some hard currencies, such as Gold and Bitcoin. Hard currencies typically refer to currencies backed by physical Commodities like Gold and Silver, and Bitcoin is also classified as a hard currency due to its stability and controllable supply.
Bitcoin Crashing? 'Mundane' Reasons, Says Bernstein: 'Buy The Dip'
Looking At MicroStrategy's Recent Unusual Options Activity
Michael Saylor Urges US To Ditch Gold For Bitcoin: 'Sell The Past, Own The Future'
U.S. Stock Outlook | The three major futures are mixed, Citigroup predicts the S&P 500 could reach a high of 6900 points next year; Chinese concept stocks and ETFs are generally down in pre-market trading, with YINN falling over 11%.
NVIDIA responds to being investigated: happy to answer any questions regulators have for us; demand for AI Chips is driving growth! Taiwan Semiconductor's sales in November saw a year-on-year increase of 34%, but a quarter-on-quarter decline; deficits are concerning! Bond giant Pimco: cut positions in long-term US Bonds, shifting to medium-term bonds and overseas bonds.
Issuing bonds to buy cryptocurrencies! More and more companies are starting to follow MSTR.
MARA Holdings sold bonds worth over $2 billion to purchase Bitcoin, while Core Scientific raised over $1 billion. Since the election, the stock prices of MARA and Core Scientific have increased by 63% and 30%, respectively.