November 3, 2015 10:03 AM | 2 min read |
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.
Following the market opening Tuesday, the Dow traded down 0.04 percent to 17,820.98 while the NASDAQ declined 0.25 percent to 5,114.56. The S&P also fell, dropping 0.23 percent to 2,099.20.
Leading and Lagging SectorsIn trading on Tuesday, energy shares jumped by 1.05 percent. Top gainers in the sector included
Unit Corporation (NYSE: UNT), up 18 percent, and
Stone Energy Corporation (NYSE: SGY), up 8 percent. Non-cyclical consumer goods & services shares declined around 0.98 percent in Tuesday's trading. Meanwhile, top losers in the sector included
Archer Daniels Midland Company (NYSE: ADM), down 8 percent, and
Kellogg Company (NYSE: K), off 4 percent.
Top HeadlineOn Monday,
Activision Blizzard, Inc. (NASDAQ: ATVI) announced its plans to acquire
King Digital Entertainment PLC (NYSE: KING) for $5.9 billion.Activision will pay $18 per share in cash, representing a 16 percent premium to King's closing price on Monday.
Equities Trading UP
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.
(NASDAQ: SALE) shares shot up 18 percent to $10.37 after the company reported better-than-expected earnings for the third quarter.Shares of
Unit Corporation (NYSE: UNT) got a boost, shooting up 16 percent to $15.93. Unit reported Q3 adjusted earnings of $0.03 per share on revenue of $212.4 million.
Nautilus, Inc. (NYSE: NLS) shares were also up, gaining 14 percent to $19.43 after the company reported upbeat Q3 results.
Equities Trading DOWN AMAG Pharmaceuticals, Inc. (NASDAQ: AMAG) shares tumbled 22 percent to $32.22 on Q3 results. AMAG Pharmaceuticals reported Q3 earnings of $1.02 per share on revenue of $103.5 million. Shares of
Navios Maritime Partners L.P. (NYSE: NMM) were down 22 percent to $5.60 after the company reported downbeat Q3 results.
Avis Budget Group Inc. (NASDAQ: CAR) was down, falling 11 percent to $46.41 after the company reported weaker-than-expected earnings for the third quarter and issued a weak FY15 forecast.
CommoditiesIn commodity news, oil traded up 2.23 percent to $47.17, while gold traded down 0.85 percent to $1,126.30. Silver traded down 0.70 percent Tuesday to $15.30, while copper fell 0.43 percent to $2.31.
EurozoneEuropean shares were lower today. The eurozone's STOXX 600 dropped 0.12 percent, the Spanish Ibex Index fell 0.06 percent, while Italy's FTSE MIB Index dipped 0.96 percent. Meanwhile, the German DAX declined 0.36 percent, and the French CAC 40 slipped 0.17 percent, while U.K. shares fell 0.16 percent.
EconomicsUS factory orders declined 1.00 percent in September, versus economists' expectations for a 0.90 percent drop.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.