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 Monday, August 6.
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Most Bullish
Cognizant Technology Solutions Corporation (NASDAQ: CTSH) shares traded up about 11% on Monday after the company reported second-quarter earnings that beat analyst estimates. The company also raised its outlook for its full year earnings per share.
Best Buy Co. (NYSE: BBY) traded up about 19% early on Monday after Richard Schulze, the founder of the company, made an offer to buy the company for a total of $8.8 billion.
Most Bearish
AT&T (NYSE: T) traded up about 1% on Monday. The company is still negotiating with the Communications Workers of America over a core wireless contract in the Southeast region that expired.
Research in Motion (NASDAQ: RIMM) shares traded up about 1.5% on Monday. Last week, the company introduced a new tablet called the BlackBerry Playbook.
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Most Discussed
Knight Capital Group (NYSE: KCG) traded down about 25% on Monday. The company announced that it would receive $400 million in financing after it lost $440 million from a trading glitch.
Apple (NASDAQ: AAPL) shares were up slightly on Monday after it was rumored that the company was in talks to acquire The Fancy, a social media website that rivals Pinterest.
Best Buy Co. (NYSE: BBY)
Facebook (NASDAQ: FB) shares traded up about 3.5% on Monday after the company hit all-time lows last week.
Google (NASDAQ: GOOG) if often on this list. Authors are suing Google over copyright violations, and are asking for $750 for each book it copied.
Interested in getting more information about stock trends on social media? Sign up for the Social Market Analytics newsletter on the SMA 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.