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.
IN THE NEWS
JPMorgan Chase & Co. (NYSE:JPM) is taking heat from investors, reporters and biotech enthusiasts this week after the company decided to restrict access to its small breakout sessions following presentations at its upcoming 36th Annual Healthcare Conference in San Francisco Jan. 8-11: Link
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With 2017 nearly in the books, it's safe to say this has been another banner year for exchange-traded funds. The ETF industry shattered previous annual inflows records with a couple of months left in the year as advisors and investors continued migrating to low-fee ETFs: Link
Whichever side investors fall on, there's no question cryptocurrencies have made a ripple in the financial markets: Link
Apple Inc. (NASDAQ:AAPL) issued a rare apology for its handling of concerns about performance issues in iPhones with older batteries in the wake of a wave of consumer complaints: Link
The divide between America's prosperous cities and struggling small towns, in 20 charts: Link
A consortium led by SoftBank Group Corp will buy a large number of shares of Uber Technologies Inc in a deal that values the ride-services firm at $48 billion, Uber said on Thursday, in a victory for new Chief Executive Dara Khosrowshahi: Link
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India’s finance ministry on Friday cautioned investors about the risks of trading in cryptocurrencies such as bitcoin, saying digital currency investments are like “Ponzi schemes.”: Link
Trump stretches meaning of deregulation in touting achievements: Link
In a year when the Standard & Poor’s 500 Index reached new records on a regular basis, the best-performing stock is a relatively small provider of dental products: Link
Citigroup's (NYSE:C) brokerage group displayed “inaccurate research ratings” — namely, slapping “buy” ratings on stocks that were actually rated “sell,” and vice versa — to its brokers, retail customers and supervisors, the Financial Industry Regulatory Authority said Thursday: Link
ECONOMIC DATA
- The Baker Hughes North American rig count report for the latest week is schedule for release at 1:00 p.m. ET.
ANALYST RATINGS
- JPMorgan upgraded AstraZeneca (NYSE:AZN) from Neutral to Overweight
- JPMorgan upgraded Novo Nordisk (NYSE:NVO) from Underweight to Neutral
This is a tool used by the Benzinga News Desk each trading day — it's a look at everything happening in the market, in five minutes. To get the full version of this note every morning, click here.
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.