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!
Macy's (NYSE: M) reported a rise in its third-quarter profit. Macy's quarterly profit surged to $177 million, or $0.47 per share, versus a year-ago profit of $145 million, or $0.36 per share. Its sales climbed 3.3% to $6.28 billion. However, analysts were expecting a profit of $0.39 per share on sales of $6.18 billion. Its same-store sales increased 3.5%, beating analysts' expectations for a 2.1% rise.Equities Trading UP
Potbelly (NASDAQ: PBPB) shot up 18.55 percent to $32.08 after the company reported an upbeat Q3 profit.Shares of E-House (China) Holdings (NYSE: EJ) got a boost, shooting up 13.27 percent to $11.35 after the company reported Q3 results.SINA (NASDAQ: SINA) was also up, gaining 8.91 percent to $82.67 after the company reported a strong rise in its Q3 profit.Equities Trading DOWN
Shares of Safe Bulkers (NYSE: SB) were down 9.45 percent to $7.38 after the company priced 6 million shares at $7.43 per share.NQ Mobile (NYSE: NQ) shares tumbled 4.75 percent to $13.63 on Q3 results. Gol Linhas Aereas Inteligentes (NYSE: GOL) was down, falling 4.47 percent to $4.1650 after the company
FREE REPORT: How To Learn Options Trading Fast
In this special report, you will learn the four best strategies for trading options, how to stay safe as a complete beginner, a 411% trade case study, PLUS how to access two new potential winning options trades starting today.Claim Your Free Report Here.
In commodity news, oil traded up 0.58 percent to $93.58, while gold traded up 0.33 percent to $1,275.40. Silver traded down 0.30 percent Wednesday to $20.72, while copper fell 2.12 percent to $3.17.Euro zone
European shares were lower today. The Spanish Ibex Index tumbled 0.76 percent, while Italy's FTSE MIB Index fell 1.50 percent. Meanwhile, the German DAX dropped 0.92 percent and the French CAC 40 declined 1.02 percent while U.K. shares fell 1.53 percent.Economics
The MBA's index of mortgage application activity declined 1.80% in the week ended November 8. The Treasury is set to auction 4-and 52-week bills. The Treasury budget data for October will be released at 2:00 p.m. ET, while the Federal Reserve Chairman Ben Bernanke is expected to speak at 7:00 p.m. ET.
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.