Pension Doubles Its Palantir Stake and Buys Up Intel and CVS. -- Barron's
US stocks closed | All three major indices rose for the entire week! The Dow Jones hit a new closing high, Tesla rose nearly 4%; cryptos concept stocks all rose, MSTR increased by over 6%.
Funds flowed out of technology stocks and into economically sensitive cyclical stocks. The Nasdaq fluctuated between gains and losses, dragged down by over 3% drop in Nvidia and 1.7% drop in Google Class A. The Dow Jones rose by about 1%, small caps rose by 1.8%, and Chinese concept stocks fell by 1.4%. The S&P 500 and Nasdaq accumulated gains of 1.7% for the week, the Dow rose by about 2%, Tesla rose nearly 10% for the week, and Super Micro Computer soared by over 78%, its best week ever. MicroStrategy, known as a 'Bitcoin whale', rebounded by 6% on Friday. Economic weakness pushed the Euro to a two-year low, while the US Dollar rose for the third consecutive week to a two-year high. Offshore Renminbi fell by over 200 points for the week to nearly a four-month low. US oil had its best two-month gain with a 6.5% increase for the week, gold rose by over 1% to surpass $2700, marking its best week in over a year with a 5.7% increase.
Cathie Wood's ARK Buys Teradyne and Ibotta, Sells Tesla and Palantir Stock
Prediction: Palantir Stock Is Going to Soar After Nov. 26
Palantir Options Spot-On: On November 22nd, 856.69K Contracts Were Traded, With 3.55 Million Open Interest
On November 22nd ET, $Palantir(PLTR.US)$ had active options trading, with a total trading volume of 856.69K options for the day, of which put options accounted for 34.27% of the total transactions,
'Daddy's Home' – Palantir Creates Two New Billionaires After Trump's Win. Both Own Less Than 2% Stock And Are Thiel's Favorites