#PreMarket Primer: Wednesday, December, 4: Taper Talk Back On The Tabl


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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European Markets




Energy futures were on the rise, Brent futures gained 0.03 percent and WTI futures were up 1.18 percent. Gold lost 0.12 percent, but silver was up 0.26 percent. Industrial metals were mostly lower with aluminum down 0.20 percent and tin down 0.22 percent.



The euro lost 0.13 percent to the dollar and the pound fell 0.11 percent against the greenback. The dollar gained 0.26 percent against the yen and 1.27 percent against the Australian dollar.

 


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Earnings


Notable earnings released on Tuesday included:


Bank Of Montreal (NYSE: BMO) reported fourth quarter EPS of $1.64 on revenue of $4.19 billion, compared to last year's EPS of $1.65 on revenue of $4.18 billion.



 


Hewlett-Packard Co (NYSE: HPQ) gained 1.38 percent in premarket trade after rising 0.66 percent on Tuesday



Notable earnings expected on Wednesday include:


Brown Forman Corporation (NYSE: BF-B) is expected to report second quarter EPS of $0.91 on revenue of $1.04 billion, compared to last year's EPS of $0.80 on revenue of $1.01 billion.


Economics


 


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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.


Posted In: EarningsNewsGuidanceDividendsEmerging MarketsEurozoneFuturesCommoditiesOptionsForexGlobalEcon #sEconomicsFederal ReserveHotPre-Market OutlookMarketsMoversFederal ReserveJoe BidenSilvio Berlusconi