Columns Bitcoin Rebounds 5%+ as Risk-On Assets Rise, Sending MicroStrategy and Other Crypto Stocks Higher
Bitcoin rallied some 5% Friday amid apparent renewed enthusiasm for risk-on assets, driving $MicroStrategy(MSTR.US$ and other crypto-mining stocks higher as well as the sector recouped part of a recent pullback.
BTC gained 5.3% to $68,097.40 shortly before 4 p.m. ET, reportedly taking its cue from a rebound of the $Nasdaq Composite Index(.IXIC.US$ following weakness earlier in the week.
The cryptoc...
BTC gained 5.3% to $68,097.40 shortly before 4 p.m. ET, reportedly taking its cue from a rebound of the $Nasdaq Composite Index(.IXIC.US$ following weakness earlier in the week.
The cryptoc...
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$DexCom(DXCM.US$ tumbled more than 30% after hours Thursday after missing analyst estimates for its fiscal Q2 revenues, although the medical-device maker beat forecasts for quarterly earnings.
DXCM fell 33.2% to trade at $72.01 shortly before 4:30 p.m. ET after reporting quarterly revenues of $1 billion, slightly trailing to $10.4 billion consensus that analysts had reportedly expected.
However, the company's earnings came in at $0.4...
DXCM fell 33.2% to trade at $72.01 shortly before 4:30 p.m. ET after reporting quarterly revenues of $1 billion, slightly trailing to $10.4 billion consensus that analysts had reportedly expected.
However, the company's earnings came in at $0.4...
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$Edwards Lifesciences(EW.US$ fell more than 15% after hours Wednesday after the medical-device developer missed analyst expectations for fiscal Q2 revenues and announced $1.2 billion in acquisitions.
EW sank 15.4% to $73.55 shortly before 5:30 p.m. ET after the firm reported $1.39 billion in net sales for the three months ended June 30. That missed the $1.65 billion consensus that analysts had r...
EW sank 15.4% to $73.55 shortly before 5:30 p.m. ET after the firm reported $1.39 billion in net sales for the three months ended June 30. That missed the $1.65 billion consensus that analysts had r...
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$Align Technology(ALGN.US$ sank more than 10% Wednesday after the bell after the medical-device maker trailed analyst estimates for fiscal Q2 revenues and issued fiscal Q3 guidance on the light side of what analysts had been expecting.
ALGN fell 11.8% to $215.50 shortly before 5 p.m. ET following release of its quarterly results and forward guidance.
The stock eased after Align reported $1.03...
ALGN fell 11.8% to $215.50 shortly before 5 p.m. ET following release of its quarterly results and forward guidance.
The stock eased after Align reported $1.03...
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Apartments.com parent $CoStar(CSGP.US$ fell some 6% after hours Tuesday on lower year-over-year adjusted earnings even as the real-estate firm beat analyst estimates for Q2 sales and adjusted EPS.
CSGP sank 5.9% to $70.42 shortly before 4:30 p.m. ET despite recording $0.15 in adjusted EPS, reportedly beating the $0.09 that analysts' consensus estimate had called for.
CoStar also said Q2 sales came in at $677.8 million, exceeding...
CSGP sank 5.9% to $70.42 shortly before 4:30 p.m. ET despite recording $0.15 in adjusted EPS, reportedly beating the $0.09 that analysts' consensus estimate had called for.
CoStar also said Q2 sales came in at $677.8 million, exceeding...
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Columns Bitcoin Adds 4% as Mt. Gox Fears Subside, Sending MicroStrategies and Other Crypto Stocks Up
$Bitcoin(BTC.CC$ rose more than 4% Friday to its highest level in roughly a month, taking several crypto-related stocks up as well as markets continued to move beyond the imminent $9 billion Mt. Gox payout.
BTC gained as much as 4.6% to a $66,499 intraday high Friday. The crypto has recently been rebounding from a sell-off last week that followed word the trustee liquidating crypto exchange Mt. Gox – whi...
BTC gained as much as 4.6% to a $66,499 intraday high Friday. The crypto has recently been rebounding from a sell-off last week that followed word the trustee liquidating crypto exchange Mt. Gox – whi...
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$Scholastic Corp(SCHL.US$ sank more than 10% Thursday after hours after the children's book publisher missed analyst expectations for fiscal Q4 revenues and adjusted earnings.
SCHL dropped 10.2% to $32.83 shortly before 4:30 p.m. ET after the firm reported earning $1.73 per share in the three months ended May 31. That fell short of the $2.66 in EPS that analysts' consensus estimates reportedly called for, and al...
SCHL dropped 10.2% to $32.83 shortly before 4:30 p.m. ET after the firm reported earning $1.73 per share in the three months ended May 31. That fell short of the $2.66 in EPS that analysts' consensus estimates reportedly called for, and al...
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"Magnificent 7" stocks $Alphabet-A(GOOGL.US$ and $Meta Platforms(META.US$ both hit new intraday all-time highs Friday despite no apparent news for the names -- although the market saw general enthusiasm for components of the $Nasdaq Composite Index(.IXIC.US$, which also reached record territory.
META added as much as 5% to a $535.67 intraday record high, while GOOGL gained as much as 2.5% to a $190.44 all...
META added as much as 5% to a $535.67 intraday record high, while GOOGL gained as much as 2.5% to a $190.44 all...
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Columns S&P 500 and Nasdaq Composite Hit New Record Highs as Wall Street Mostly Likes June Jobs Report
Stocks traded mostly higher Friday morning following the July 4th market holiday, with the $S&P 500 Index(.SPX.US$ and $Nasdaq Composite Index(.IXIC.US$ pushing further into record territory as the June jobless rate came in higher than expected.
Many on Wall Street saw that as a positive for a market that wants enough economic weakness to let the Federal Reserve cut U.S. interest rates.
The Nasdaq led...
Many on Wall Street saw that as a positive for a market that wants enough economic weakness to let the Federal Reserve cut U.S. interest rates.
The Nasdaq led...
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$Bit Origin(BTOG.US$ shed some 30% intraday Monday as the crypto stock's recent rally ran out of steam – with prices plunging despite rising Bitcoin prices and 10%+ gains for several rival crypto companies.
BTOG fell as much as 31.9% to a $1.96 intraday low despite no news from the company. However, the stock had recently been on a tear, rising 127.4% between its $2.12 intraday low on April 19...
BTOG fell as much as 31.9% to a $1.96 intraday low despite no news from the company. However, the stock had recently been on a tear, rising 127.4% between its $2.12 intraday low on April 19...
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