Amazon’s (AMZN) stock has had a rough 12 months. While the S&P 500 has gained as much as 24% and Microsoft (MSFT) has jumped 48%, Amazon’s stock has risen just 4%. But at least one analyst believes the stock is set for a rebound in the second half of 2022. “This is a company that faced a lot of inflation and supply chain risks in the back half of the last year,” Evercore ISI’s Mark Mahaney told Yahoo Finance Live. “I think all of those will be absorbed into the business model or… Source link
Read More »Whales Cause Biggest Daily Accumulation Spike With 60K BTC Buys
Bitcoin breaks above $35,000 as whales cause the biggest daily accumulation spike of 2021 with 60,000 worth of BTC being purchased. For the first time in weeks, bitcoin managed to gain over the weekend. The crypto has climbed over 5% between Saturday and Sunday. One of the key reasons why bitcoin is up over the weekend could be credited to a surge in buying from whales. According to on-chain analysis company Santiment, whales have purchased 60,000 bitcoin in one day. In a recent tweet,… Source link
Read More »