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- 📈 MSTR Bets BIG
📈 MSTR Bets BIG
Plus: Stellantis shake up
Good morning & Happy Monday.
Bitcoin’s racing toward six figures, the yen’s flexing its muscle, and MicroStrategy’s bold crypto bet is paying off big time. Meanwhile, the Stellantis shake-up and Trump’s tariff threats are keeping investors on their toes. Add in a volatile oil market, and you’ve got a recipe for opportunity—and risk.
Grab your Flat White and let's get into it! ☕️👇️
Markets
📊 Futures slip, Stellantis CEO resigns - what’s moving markets
U.S. stock futures dip slightly as December trading begins, with investors focused on upcoming jobs data and Fed commentary. Stellantis CEO Carlos Tavares resigned abruptly, causing an 8% drop in shares. Meanwhile, Canada pledges stricter border controls amid Trump’s tariff threats, and oil prices edge higher on strong Chinese factory data and Middle East tensions.
🥇 Bitcoin Logs Monster 40% Gain in November with $100,000 in Sight for December
Bitcoin kicked off December with optimism, riding on a stellar 40% November rally. Hovering near $96,000, the six-digit milestone seems within reach, fueled by enthusiasm over Trump’s crypto-friendly policies. Record inflows into Bitcoin ETFs highlight surging institutional interest, signaling a bullish outlook for digital assets.
💹Yen Strengthens to Break Below ¥150 as BOJ’s Ueda Weighs Raising Interest Rates
Yen traders await the Bank of Japan's mid-December meeting for potential surprises, as Governor Ueda hints at possible rate hikes amid improving economic data. The USD/JPY pair remains volatile, with the yen gaining 4% over two months against a softening dollar.
🤑 MicroStrategy Stock Jumps 10% as Bitcoin Recovers Early-Week Losses
MicroStrategy’s all-in Bitcoin bet is reaping rewards, with its stock hitting record highs as Bitcoin nears $100,000. The company, holding 386,700 BTC, now enjoys $15 billion in unrealized profits, showcasing CEO Michael Saylor's bold conviction in the cryptocurrency's future.
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Quick News
President Biden pardons his son Hunter Biden
Asian shares are mixed, with US markets closed for Thanksgiving
Tariffs and turmoil - markets react to Trump tariffs threat
Ripple poised for New York approval of stablecoin, set to enter regulated US crypto market
Coinbase policy chief expects speedy approval of crypto laws following Trump’s victory
Trending
The $9M Market Cap Mystery: Why We Believe This Stock is Grossly Undervalued.
Bank of America analysts forecast gold could reach $3,000 by 2025, and this under-the-radar stock is primed for even greater gains.
With gold's post-election dip, now is the ideal time to invest. Savvy investors recognize the power of gold and gold stocks in their portfolios, and this stock has already surged more than 220% in recent years.
Plus, insiders are consistently adding to their positions. Make sure to keep it on your watchlist.
This is a sponsored advertisement on behalf of Four Nines Gold. Past performance does not guarantee future results. Investing involves risk. View the full disclaimer here: https://shorturl.at/73AF8
The 50 Most Valuable Companies in the World in 2023 💰️
From the archive: visualcapitalist.com/the-50-most-va…
— Visual Capitalist (@VisualCap)
5:01 PM • Dec 1, 2024
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