According to their latest 13F filings, some billionaires have been selling their Nvidia shares. Millennium Management's Israel Englander reduced his position in Nvidia by 12.5% in the third quarter of 2024. Capula Managment's Yan Huo trimmed his stake in Nvidia by 27.7% in the third quarter.
The US stock markets touched new heights as the S&P 500 surged to new heights on Thursday. It reached to an intraday record of 6,100.81, according to
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Bitcoin (CRYPTO:BTC) prices briefly dipped below $90,000 early on Monday, its lowest level in two months, as the likelihood of further cuts in interest rates by the Federal Reserve in 2025 roiled assets everywhere.
Wall Street closed higher, with the S&P 500 index scoring an all-time high. Blowout Netflix results and plans for $500b AI investment fuel gains.
Broadcom surges 4%, boosting tech sector by 0.82%, as Nvidia and Meta lead Nasdaq to outperform other US indices. MicroStrategy falls 5.4%, weighed by Bitcoin volatility, while Apple nears $4T ...
The U.S. stock market closed higher Thursday, bringing the year-to-date gain of the SPDR S&P 500 ETF Trust SPY to 4%. The S&P 500 climbed 0.5% on Thursday to a record high, lifted by a broad rally that saw all its sectors rise while Big Tech stocks posted mixed results.
CoinDesk Bitcoin Price Index is down $950.28 today or 0.91% to $103320.10 --Worst two day stretch since the two days ending Jan. 9, 2025, when it fell 4.77% --Down 3.2% from its all-time high of $106734.51 on Dec. 17, 2024 (based on 4 p.m. levels)
The broad based index finished the trading day up over 0.5%, securing its first all-time closing high of 2025. The Dow Jones Industrial Average ( ^DJI) popped around 0.9%, but was unable to secure its own record, while the Nasdaq Composite ( ^IXIC) recovered from earlier losses to close up about 0.2%.
Over the same period, Bitcoin was up 0.5% and Ethereum was down 1.5%. The CME currently offers options trading for Bitcoin and Ethereum, and some investors have been hoping that options trading for Solana could help send its token price higher.