Previous close | 9.13 |
Open | 9.74 |
Bid | 11.21 x 3300 |
Ask | 11.28 x 3300 |
Day's range | 9.58 - 11.27 |
52-week range | 7.80 - 20.65 |
Volume | |
Avg. volume | 24,330,575 |
Market cap | 2.85B |
Beta (5Y monthly) | 4.18 |
PE ratio (TTM) | N/A |
EPS (TTM) | -0.28 |
Earnings date | 08 May 2024 - 13 May 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 12 Oct 2017 |
1y target est | 19.88 |
A busy day for Wall Street kicked off with earnings from big names, including General Motors (GM), PepsiCo (PEP), UPS (UPS), and Spotify (SPOT). General Motors topped estimates while also raising its full-year guidance. The automaker credited truck sales in North America for much of its strong quarter. PepsiCo also topped expectations, which was helped by strong sales in its international division. After the bell today, investors are gearing up for Tesla (TSLA) earnings. The electric carmaker has been under immense pressure lately, with shares down over 40% year-to-date. Yahoo Finance trending tickers include Marvell Technology (MRVL), Ford (F), and Riot Platforms (RIOT). Key guests include:9:30 a.m. ET - Veronica Willis, Wells Fargo Investment Institute Global Investment Strategist9:45 a.m. ET - Paul Jacobson, General Motors CFO10 a.m. ET - Peter Oppenheimer, Goldman Sachs Global Chief equity strategist11:30 a.m. ET - Orphe Divounguy, Zillow Senior Economist
The Bitcoin "halving" was supposed to dramatically chop revenue of bitcoin mining companies. Instead, the simultaneous launch of Casey Rodarmor's Runes protocol has ignited a flurry activity on the oldest and largest blockchain, driving up fees.
Investors are anticipating the bitcoin (BTC-USD) halving event in the near future, as soon as this weekend. The price of bitcoin has retreated from its recent highs and is currently trading above $64,000 as of Friday. During this event, the reward for mining new bitcoin blocks is cut in half, slowing down the rate at which new bitcoins are introduced into circulation. Yahoo Finance's Julie Hyman and Madison Mills break down the details, providing insights into the implications for bitcoin miners' profit margins. Want to learn more about the bitcoin halving? Watch this video from Yahoo Finance for a quick explainer: Bitcoin halving: Explained For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith