Check out the companies making headlines before the bell. Trump Media & Technology Group — Shares of President-elect Donald Trump’s media company fell another 4.6% in premarket trading following a 23% plunge in the previous session. The stock, which trades under ticker Trump’s initials, DJT, has given up Wednesday’s rally triggered by Trump’s election victory. It’s down more than 9% week to date as of Thursday’s close. Upstart — The
The Trump regime will hit European economic growth and reduce company earnings, though the continent’s defense sector may prosper. Source link
Polygon joined Cardano as a top performer, gaining 7.9%. Source link
Investing.com– Most Asian currencies steadied from recent losses on Thursday, while the dollar hovered around four-month highs after a Donald Trump victory in the presidential election. Focus was now on the conclusion of a Federal Reserve meeting later in the day, where the central bank is widely expected to cut interest rates. But its outlook on future rate cuts will be closely watched. Asian currencies were nursing steep losses from
Shares of credit-card lenders are leading a big Trump bump for banks. Source link
Cronos price has seen an impressive 60% surge in the last 3 days driven by a series of positive developments from the Cronos chain ecosystem. This sudden rise has brought life back into the CRO community with market analysts now calling it the next ‘BNB’. Will the price of CRO continue skyrocketing? Why is Cronos Price Up 60% In 3 Days? The latest CRO price is $0.1116 after the asset
Amid a highly market witnessed recently in light of the U.S. elections, a meme coin diamond-hand trader nabbed substantial market attention by making massive profits. On-chain data on Friday indicated that a trader made nearly $4 million worth of profit trading Department Of Government Efficiency (DOGE) meme token. Simultaneously, the same trader made significant profits on MAGA, sparking market discussions over potential investment strategies and future price movements. Meme Coin
XRP News: Ripple’s native crypto has gained notable traction lately, amid a broader rally in the financial markets, let alone the digital assets space. Further fueling speculations, a top analyst highlights the co-related between the crypto and Bitcoin, suggesting a potential breakout ahead for both assets. Besides, recent market trends also indicate that the asset is poised to record a strong run, especially with Donald Trump’s election win. XRP News:
The US stock market and Bitcoin price reached record highs on Thursday following the Federal Reserve meeting and it’s decision to cut interest rates and Fed Chair Jerome Powell’s reassuring press conference, where he dismissed concerns about his potential resignation following Donald Trump’s election. Bitcoin (BTC) surged, reaching a new high of $76,990 before slightly retreating, still up 1.2% over the past 24 hours. Meanwhile, US stock indexes also peaked,
Rivian (RIVN) reported third quarter revenue that missed the mark and a wider-than-expected loss as the pure-play adventure electric vehicle maker was burdened by a supplier parts issue. Though the company now projects a wider loss than expected for the year, it maintained its full-year delivery forecast and still sees a “modest gross profit” coming in the fourth quarter. For the quarter, Rivian reported revenue of $874 million versus $980
