Finance
Bitcoin breaks below $73,000 to lowest since November 2024 as heavy selling resumes
Key Points Bitcoin dived below the $73,000 mark on Tuesday as investors have continued to rotate out of risk-on assets amid mounting geopolitical concerns. The world’s oldest cryptocurrency sank as low as $72,884.38, its lowest level since Nov. 6, 2024, when the token traded at $68,898. Source
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Stocks making the biggest moves midday: Novo Nordisk, Palantir, AES, Rocket and more
Check out the companies making headlines before the bell: Novo Nordisk — The maker of obesity drug Wegovy’s U.S. stock fell about 13% after unexpectedly warning that fiscal 2026 sales will be hurt by lower drug prices in the U.S. even as it anticipates more patients will use its popular GLP-1 drug. Novo Nordisk said […]
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Rocket Companies shares jump 6% after CEO says mortgage loan volume is surging
In this article RKT Follow your favorite stocksCREATE FREE ACCOUNT watch now VIDEO8:4108:41 Rocket Companies CEO: On track to produce the highest mortgage loan production in 4 years Squawk Box Rocket Companies shares jumped on Tuesday after CEO Varun Krishna told CNBC the company was writing a larger amount of mortgage loans. “We’re getting ready […]
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Stocks making the biggest moves premarket: Palantir Technologies, Merck, Pfizer & more
Check out the companies making headlines before the bell: Palantir — The stock jumped 11% following the AI-powered software provider’s fourth-quarter earnings beat . Palantir reported adjusted earnings of 25 cents per share, versus the 23 cents expected from analysts polled by LSEG. Revenue was $1.41 billion, topping the $1.33 billion consensus estimate. Merck — […]
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China set to attend India’s upcoming AI summit signaling improving relations with New Delhi
Key Points A vice minister from China’s Ministry of Science and Technology will lead a delegation to India’s AI Impact Summit this month. That’s according to George Chen, partner and co-chair of digital practice at The Asia Group, citing conversations with his government contacts. The planned visit, with Chinese businesses expected to participate, comes as […]
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Stocks making the biggest moves after hours: Palantir, NXP Semiconductors, DaVita and more
Check out the companies making headlines in after-hours trading. Palantir Technologies — The software analytics company saw its stock jump nearly 5% after reporting a beat on top and bottom lines . Palantir posted adjusted earnings of 25 cents per share, beating analysts’ expectations of 23 cents per share, according to LSEG estimates. Its revenue […]
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We just got reasons to love these 2 portfolio stocks even more
Investors have a couple of new reasons to like portfolio stocks Broadcom and Goldman Sachs . Deal king: Coterra named Goldman Sachs as a financial advisor on its $58 billion all-stock merger with fellow shale producer Devon . The deal is the largest in the energy sector since Diamondback ‘s $26 billion acquisition of Endeavor […]
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Stocks making the biggest moves midday: Disney, Robinhood, Palantir, IDEXX Laboratories & more
Check out the companies making headlines in midday trading. Palantir Technologies — Shares of the data analytics company were more than 2% higher ahead of the company’s earnings report, due out after the bell Monday. William Blair also upgraded the stock to an outperform rating , saying a recent pullback has made the shares attractive. […]
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Strategy slides after bitcoin briefly dips below crypto firm’s key breakeven level
Michael Saylor, chairman of MicroStrategy, speaks at the Bitcoin 2024 conference in Nashville, Tennessee, on July 26, 2024. Bloomberg | Bloomberg | Getty Images Strategy plunged 8% on Monday after bitcoin dipped below the cryptocurrency treasury company’s average purchase price per token. Bitcoin traded at about $74,500 at its bottom on Monday – its lowest […]
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Stocks making the biggest moves premarket: Oracle, Nvidia, rare earths, Strategy & more
Check out the companies making headlines before the bell. Oracle — The software giant traded more than 3% higher, reversing an earlier decline. Oracle on Sunday announced a plan to raise up to $50 billion to increase AI capacity for its customers. A TD Cowen analyst also predicted the firm would consider layoffs ease free […]
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