MicroStrategy’s stock has dropped over 8.5% following its inclusion in the Nasdaq 100, struggling with a significant loss amid a turbulent Market. The company recently sold $561 million in stock to buy more Bitcoin, bringing its total to 444,262 BTC. Critics are raising concerns as the latest purchase is its smallest yet and priced above ...
Wall Street has started the Santa Rally season on a high note, with major indices rising ahead of the Christmas holiday. The S&P 500 climbed 1%, marking a third consecutive day of gains after a volatile Federal Reserve meeting. Tesla led the charge, surging 7.35%, while Walmart, Starbucks, and Netflix also posted notable increases. The ...
On December 18, 2024, the Federal Reserve’s unexpected announcement to limit interest rate cuts sent shockwaves through Wall Street, causing the CBOE Volatility Index, or VIX, to spike by 74%—marking one of the largest percentage increases in its history. This surge reflected heightened investor fear, with the VIX closing at 27.62, up from around 15. ...
On December 18, a sudden Market panic ensued following a 25 basis point interest rate cut by the Federal Reserve and a hawkish statement from Chair Jerome Powell. Bitcoin experienced a sharp decline, dipping below $100,000, while U.S. equities fell by about 3%. This turmoil also pushed the dollar index to a two-year high. Notably, ...
MicroStrategy’s recent inclusion in the Nasdaq-100 is noteworthy, but analysts suggest that its potential addition to the S&P 500 could offer even greater opportunities. While the company currently does not meet all criteria for S&P 500 inclusion—such as reporting positive earnings—it plans to adopt new accounting standards for bitcoin, which may help it meet these ...
MicroStrategy’s stock, MSTR, saw a nearly 5% increase on Monday following news of the company’s recent bitcoin purchase and its upcoming inclusion in the Nasdaq 100 index. The software firm bought an additional 15,350 bitcoins for $1.5 billion, bringing its total holdings to around 440,000 bitcoins, making it the largest corporate investor in the cryptocurrency. ...
MicroStrategy’s shares rose over 5% in premarket trading after the Nasdaq announced that the company will join the Nasdaq-100 index starting December 23. This move comes amid a remarkable 547% stock increase this year, significantly outperforming the S&P 500. MicroStrategy, led by CEO Michael Saylor, has built a substantial Bitcoin reserve, owning over 420,000 bitcoins, ...
Palantir Technologies, a leading name in artificial intelligence, has seen its stock price soar over 1,000% in less than two years, with strong potential for future growth. Recently selected for the Nasdaq-100 index, Palantir has capitalized on the surge in demand for AI solutions through its innovative Artificial Intelligence Platform. The company reported impressive financial ...
Nasdaq, Inc. has announced key updates to the Nasdaq-100 Index, effective December 23, 2024. This annual reconstitution will see three new companies—Palantir Technologies Inc., MicroStrategy Incorporated, and Axon Enterprise, Inc.—added to the index. In contrast, Illumina, Super Micro Computer, and Moderna will be removed. The Nasdaq-100 Index, launched in 1985, represents 100 of the largest ...
Palantir, MicroStrategy, and Axon Enterprise will join the Nasdaq 100 Index on December 23, replacing Super Micro Computer, Moderna, and Illumina. This change comes as the Nasdaq 100, which features the largest non-financial companies in the Nasdaq, recently reached a milestone by surpassing 20,000 points. The index is restructured annually in December, ensuring that companies ...
