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march 26th by Olatunji Temitope
Bitcoin (BTC) reached a closing price above $70,000 on Monday for the first time since March 15. Analysts attribute the surge in BTC price to significant accumulation by stakeholders. As of now, the coin has experienced a 3.9% increase within the last 24 hours. This price rise has led some analysts to predict that the coin is heading towards a new all-time high.
Santiment, a cryptocurrency analytics platform, uncovered the reason behind the price surge by disclosing that wallets with holdings ranging from 10 to 10,000 BTC acquired a total of 51,959 Bitcoin in just one day. This amount accounts for 0.263% of the entire coin supply being accumulated within 24 hours.
27th march 2024, Written by marketbeat
On Wednesday, Microsoft's stock experienced a 0.2% decrease during mid-day trading. The stock reached a low of $420.27 and ultimately traded at $420.88. Approximately 3,572,472 shares were traded during mid-day trading, marking an 84% decrease from the average daily volume of 22,728,043 shares. The stock's previous closing price was $421.65.
March 28th 2024 by ABMN staff
Several other equity research analysts have recently released reports on Tesla's stock. On Monday, February 5th, Piper Sandler lowered their price target on Tesla from $295.00 to $225.00 and maintained an overweight rating. Jefferies Financial Group also reduced their price target on Tesla from $225.00 to $185.00 and maintained a hold rating in a report on Monday, January 29th. Similarly, Truist Financial decreased their price target on Tesla from $227.00 to $193.00 and maintained a hold rating in a report on Thursday, January 25th. Oppenheimer reaffirmed a market performance rating on Tesla in a research note on Monday.
March 28th 2024 by Kenio Fontes
Apple (AAPL) has faced several difficulties in recent months, including fierce competition from Chinese smartphone manufacturers and slowdowns in a few of its important regions. These obstacles resulted in a 2.8% decline in net sales in 2023.
Apple's performance this year hasn't improved all that much. The S&P 500 has increased by more than 10% over the same period and the company's stock has decreased by 7.2% year to date.
Let's examine the expectations of the market for Apple in the upcoming quarter and see if investing in the stock is warranted.
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