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.
U.S. stocks closed mostly lower on Wednesday. However, the Nasdaq rose 0.15 percent, closing at a new record high, helped by the splash of the Apple Inc. (NASDAQ: AAPL) event.
After the bell rang, nano-cap Repros Therapeutics Inc (NASDAQ: RPRX) announced positive results from its Phase 2 study evaluating Proellex (telapristone acetate) for severe endometriosis-related pain in premenopausal women. Shares spiked up more than 43 percent.
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Hewlett Packard Enterprise Co (NYSE: HPE) traded down almost 2 percent following the announcement of the company’s Q3 results. While EPS of $0.49 beat the Street’s consensus by $0.04, revenue of $12.2 billion missed estimates by $440 million. The company announced it was spinning off and merging its software division with Britain’s Micro Focus International PLC, in a deal valued at roughly $8.8 billion.
Gevo, Inc. (NASDAQ: GEVO) plummeted almost 23 percent after announcing a proposed public offering of common stock and warrants. Management didn't disclose the size of the offering.
Other stocks moving on their earnings reports:
- Tailored Brands Inc (NYSE: TLRD), down 2.3 percent ahead of its Q2 call.
- Guidewire Software Inc (NYSE: GWRE), down 5.3 percent on the back of disappointing guidance, and in spite of a top and bottom line beat.
- Verint Systems Inc. (NASDAQ: VRNT), up 1 percent on an earnings beat.
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.