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.
Pre-open movers
U.S. stock futures traded higher in early pre-market trade. Futures for the Dow Jones Industrial Average gained 46 points to 19,883.00, while the Standard & Poor’s 500 index futures gained 5.75 points to 2,265.75. Futures for the Nasdaq 100 index rose 8.50 points to 4,947.50.
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!
Oil prices traded higher as Brent crude futures gained 0.86 percent to trade at $55.39 per barrel, while US WTI crude futures also rose 0.58 percent to trade at $53.37 a barrel.
A Peek Into Global Markets
European markets were higher today, with the Spanish Ibex Index rising 0.47 percent, STOXX Europe 600 Index gaining 0.27 percent and German DAX 30 index gaining 0.12 percent. The UK's FTSE index was trading higher by 0.36 percent, while French CAC 40 Index climbed 0.42 percent.
In Asian markets, Japan’s Nikkei Stock Average rose 0.53 percent, Hong Kong’s Hang Seng Index fell 0.47 percent, China’s Shanghai Composite Index slipped 0.49 percent and India’s BSE Sensex declined 0.25 percent.
Broker Recommendation
Analysts at Goldman Sachs upgraded Western Digital Corp (NASDAQ: WDC) from Sell to Neutral and raised the price target from $53.00 to $68.00.
Western Digital shares rose 1.76 percent to close at $68.36 on Monday.
Breaking news
- General Mills, Inc. (NYSE: GIS) posted weaker-than-expected results for its second quarter on Tuesday.
- BlackBerry Ltd (NASDAQ: BBRY) reported better-than-expected earnings for its third quarter on Tuesday.
- Darden Restaurants, Inc. (NYSE: DRI) posted in-line earnings for its second quarter on Tuesday.
- CarMax, Inc (NYSE: KMX) announced upbeat earnings for its third quarter.
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.