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.
Benzinga Pro's Stocks To Watch For Wednesday
- Tesla (TSLA) - Shares were down nearly 3% to around the $865 level. The stock sold off sharply to close Tuesday's session, down 9% during the last 15 minutes of trade. Despite the 13% decline between the afternoon and pre-market sessions, Tesla shares remain up 31% over just the last two sessions. The company said it will delay February delivery of some China-made Model 3s amid the coronavirus outbreak in China. Additionally, Canaccord downgraded the stock to Hold.
- Disney (DIS) - The stock was up modestly following better-than-expected Q1 results. The company said Disney+ subscribers as of Monday were 28.6 million.
- Snap (SNAP) - Reported Q4 adjusted earnings of $0.03/share on sales of $560.88 million. Analysts expected EPS of $0.01 on sales of $562.4 million. The company gave Q1 sales guidance which was largely inline. The stock was down about 7% in pre-market action.
- Qualcomm (QCOM) - The company will report Q1 earnings after the close Wednesday. Expect results to be released around 4:03 p.m. EST.
- Grubhub (GRUB) - Will report Q4 results after the close. Analysts expect a loss of $0.04/share on sales of $325.5 million.
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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