Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Pre-open movers
U.S. stock futures traded higher in early pre-market trade. Futures for the Dow Jones Industrial Average climbed 109 points to 21,887.00, while the Standard & Poor’s 500 index futures rose 11.50 points to 2,472.50. Futures for the Nasdaq 100 index climbed 39.75 points to 5,964.25.
Oil prices traded mixed as Brent crude futures fell 0.33 percent to trade at $53.60 per barrel, while US WTI crude futures gained 0.61 percent to trade at $47.77 a barrel.
A Peek Into Global Markets
European markets were higher today, with the Spanish Ibex Index rising 1.55 percent, STOXX Europe 600 Index climbing 0.94 percent and German DAX 30 index gaining 1.06 percent. The UK's FTSE index was trading HIGHER by 0.36 percent, while French CAC 40 Index surged 1.10 percent.
In Asian markets, Japan’s Nikkei Stock Average rose 1.41 percent, Hong Kong’s Hang Seng Index climbed 1.04 percent, China’s Shanghai Composite Index rose 0.33 percent and India’s BSE Sensex rose 0.61 percent.
Broker Recommendation
Analysts at Deutsche Bank downgraded Kroger Co (NYSE:KR) from Buy to Hold and lowered the price target from $26.00 to $21.00.
Kroger shares fell 7.51 percent to close at $21.06 on Friday.
Breaking news
- Pilgrim's Pride Corporation (NASDAQ:PPC) reported the purchase of Moy Park for $1.3 billion.
- Envirostar Inc (NYSE:EVI) announced plans to acquire Tri-State Technical Services for $16.5 million.
- Natus Medical Inc (NASDAQ:BABY) reported the purchase of neurosurgery assets from Integra Lifesciences Holdings Corp (NASDAQ:IART) for $47.5 million.
- KEMET Corporation (NYSE:KEM) disclosed pricing of secondary offering of 8,416,814 shares of common stock at $21.56999 per share.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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