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 recent years, traders and investors have increasingly turned to social media to discuss their investments. Now, interested parties can get a scientific look at what is being discussed on a weekly, monthly, and even hourly basis.
Provided by Social Market Analytics, here is the social media outlook for Wednesday, June 27.
Most Bullish
McCormick (NYSE: MKC) reported strong earnings early on Wednesday and reiterated guidance for 2012. McCormick's second quarter earnings were $80.4 million, compared to $73.6 million in the same quarter in 2011. McCormick traded up over 2% on Wednesday.
Lennar (NYSE: LEN) traded up about 7% on Wednesday. The company reported second quarter profits that beat expectations on an improving house market.
Most Bearish
O'Reilly Automotive (NASDAQ: ORLY) shares declined after the company cut guidance for the second quarter of 2012.
Boeing (NYSE: BA) traded up about 1% on Wednesday. Durable Goods Orders came in better than anticipated, perhaps indicating that airplane sales were doing well.
Most Discussed
Apple (NASDAQ: AAPL) is frequently discussed on social media. Sales of Samsung's iPad competitor, the Galaxy tab, were halted by a judge in the U.S. on patent concerns.
Facebook (NASDAQ: FB) traded down about 3.5% early on Wednesday. On Wednesday, the banks that were involved in Facebook's IPO issued their research reports on the company.
Arena Pharmaceuticals (NASDAQ: ARNA) traded down slightly on Wednesday. The FDA is expected to make a decision on Arena's drug Lorcaserin.
Google (NASDAQ: GOOG) is having its I/O Developers Conference today. It is rumored that the company will unveil a tablet.
Amazon (NASDAQ: AMZN) shares rallied on Tuesday. Google (NASDAQ: GOOG) may reveal a tablet on Wednesday that could be a rival to Amazon's Kindle Fire.
Interested in getting more information about stock trends on social media? Signup for the Social Market Analytics newsletter on their website.
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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!