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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Making headlines all over the street today was Greenlight Capital's David Einhorn, and his vehement defense of a proposal for Apple (NASDAQ: AAPL) to issue preferred stock. In a series of interviews on CNBC, Bloomberg TV and a few other outlets, the hedge fund titan stated that the company will no longer grow at its former rate of 80 percent, but that he owns more Apple than ever before.Equities Trading UP
DeVry (NYSE: DV) shot up 19.91 percent to $31.32 after the company crushed on the top and bottom lines, once again leaving analysts in the dust.Shares of Advanced Auto Parts (NYSE: AAP) traded up 7.12 percent to $78.09 after the company posted a large beat on the bottom line and matched estimates on the top line this morning, while releasing 2013 guidance in line with estimates, and projecting comp sales down 1.9 percent.O'Reilly Automotive (NASDAQ: ORLY) was also up, gaining 9.04 percent to $100.96 after the automotive parts retailer beat on the bottom line and matched on the top line after the close on Wednesday.Equities Trading DOWN
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In commodity news, oil traded up 0.39 percent to $97.00, while gold traded down 0.67 percent to $1,667.40.Silver traded down 0.46 percent Thursday to $31.41.Euro zone
In the eurozone this morning, markets were higher across the board, disregarding the increase in bond yields. Leading the rise were the volatiles Spanish Ibex and Italian MIB index, gaining 0.84 percent and 0.76 percent respectively, while the French CAC rose 0.34 percent.Economics
In economic news this morning, non-farm productivity quarter over quarter came in at -2.0 percent, lower than the projected -1.3 percent, and far below the revised prior report of 3.2 percent.Unit labor costs quarter over quarter were also reported, coming in at 4.5 percent, beating expectations of 3.0 percent, and coming in far above the last report of -2.3 percent.Continuing jobless claims were reported at 3.224 million, above the expected 3.197 million and the prior report of 2.216 million, while initial jobless claims were reported at 366 thousand, above estimates of 360 thousand, but below the previous release of 371 thousand.
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.