Tag Archives: tops

BlackRock’s Bitcoin ETF Draws Record Influx as Coin Tops $69,000

BlackRock’s Bitcoin ETF Draws Record Influx as Coin Tops $69,000

(Bloomberg) — Investors dumped a record amount of cash into BlackRock’s Bitcoin ETF while the cryptocurrency surged to an all-time high. Most Read from Bloomberg The iShares Bitcoin ETF (ticker IBIT) pulled $788.3 million Tuesday, its 37th consecutive inflow. The fund has now swelled to $11.5 billion in assets. Bitcoin briefly topped $69,000 on Tuesday, surpassing the all-time high it hit in late 2021. Demand from the ETFs and a optimism surrounding an upcoming reduction in the token’s… Source link

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Stocks open lower after jobs data tops estimates

Stocks open lower after jobs data tops estimates

Stocks opened Friday’s trading session lower after the June jobs report topped expectations. The US economy created 372,000 jobs in June while the unemployment rate held steady at 3.6% last month, data published Friday morning showed. Following this report, stocks fell with the Nasdaq losing 1% at the market open, the benchmark S&P 500 down about 0.5%, and the Dow off around 0.2%. Treasury yields were higher following this report, with two-year yields rising to 3.13%, further inverting the… Source link

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Jabari Smith tops Chet Holmgren, Paolo Banchero

Selection Sunday is less than three weeks away, and NBA scouts are gearing up to see top draft prospects on the biggest college basketball stage. Auburn forward Jabari Smith has taken over the top spot after a strong showing in February. He’s combined for 59 points in two games, including 11 3-pointers, making him the best shooting big man in this draft class and a complete triple threat on offense. NBA scouts have flocked to Lexington, Kentucky, to get eyes on Shaedon Sharpe, who is sitting… Source link

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Apple’s App Privacy Report arrives, Google details Android 12 Go edition, Instagram tops 2B users – TechCrunch

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record number of downloads and consumer spending across both the iOS and Google Play stores combined in 2021, according to the latest year-end reports. App Annie said global spending across iOS and Google Play is up to $135 billion in 2021, and that figure will likely be higher when its… Source link

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Crypto Market Tops $2.7 Trillion as Rally Reaches Beyond Bitcoin

(Bloomberg) — Optimism about digital assets stoked by Bitcoin’s run to a record high has helped push the overall value of cryptocurrencies to an all-time peak of more than $2.7 trillion. Most Read from Bloomberg That’s a climb of about $200 billion from the last high in May for a sector that now spans almost 10,000 coins, according to data from tracker CoinGecko. The ascent shows how bets on cryptos are spreading beyond Bitcoin amid enthusiasm about more mainstream adoption of digital… Source link

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Stock futures rise after economic data tops estimates, stoking rise in reopening stocks

Stock futures opened higher Thursday evening as investors awaited new economic data on consumer spending, income and inflation out Friday morning and considered stronger-than-expected data reports out earlier this week. Contracts on the S&P 500 advanced after the blue-chip index closed out a back-to-back session of gains on Thursday. Contracts on the Dow added more than 100 points, while contracts on the Nasdaq also increased in late trading.  Shares of Dow-component Salesforce (CRM) gained… Source link

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DoorDash spikes over 9% as Q1 revenue tops expectations; boosts FY outlook

DoorDash (DASH) posted a first-quarter earnings report on Thursday that largely surpassed Wall Street’s expectations, with the company demonstrating that the boost it got from COVID-19 demand has staying power beyond the pandemic. The company reported revenue that skyrocketed 198 percent compared to a year-ago, to $1.08 billion, and total orders soaring 219 percent year-over-year, to $329 million. The results sent its stock on a tear after hours, which was up over 10%. Here’s what the San… Source link

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