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.
Stocks tumbled on Friday, driven by disappointing earnings in the tech and healthcare sectors. The S&P 500 and Dow managed to post some gains for the month of April; the Nasdaq, on the other hand, lost almost 2 percent of its value. Oil fell slightly as well, but still ended the month very strongly.
The S&P 500 Index delivered a 0.51 percent decline, with Stericycle Inc (NASDAQ: SRCL), Seagate Technology PLC (NASDAQ: STX) and Western Digital Corp (NASDAQ: WDC) having posted the largest decays.
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The Dow Jones Industrial Average fell 0.32 percent. Among the biggest decliners were Wal-Mart Stores, Inc. (NYSE: WMT) and Intel Corporation (NASDAQ: INTC).
The Nasdaq 100 Index slipped 0.62 percent, partly driven by losses at Gilead Sciences, Inc. (NASDAQ: GILD) and Micron Technology, Inc. (NASDAQ: MU).
A few stocks in these indexes posted large gains on Friday. Among them, investors can count Monster Beverage Corporation (NASDAQ: MNST). Amazon.com, Inc. (NASDAQ: AMZN) and Freeport-McMoRan Inc (NYSE: FCX).
After-Hours Movers
After the market closed on Friday, shares of:
- Tallgrass Energy Partners LP (NYSE: TEP) fell 6.33 percent, giving up most of the gains (8.19 percent) seen during the day.
- Enersis Chile SA – ADR (NYSE:ENIC) lost 5.23 percent, in a move that also seemed like a correction of the day’s 4.26 percent hike.
- EV Energy Partners, L.P. (NASDAQ: EVEP) tumbled 4.42 percent, continuing with the 2.65 percent decline witnessed over the regular trading session.
- Embraer SA (ADR) (NYSE: ERJ) rose 1.99 percent, recuperating some of the ground lost (4.74 percent) during Friday trading.
- IAMGOLD Corp (USA) (NYSE: IAG) continued with their 6.92 percent Friday rally, posting a 1.76 percent gain in after-hours.
- Hawaiian Holdings, Inc. (NASDAQ: HA) surged 1.38 percent, in what looked like a correction of the day’s 3.27 percent decline.
- Apollo Education Group Inc (NASDAQ: APOL) returned 1.28 percent, adding to the day’s 2.9 percent rise.
Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.
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.