Monday, February 8, 2021

Tesla's $1.5 billion investment sends bitcoin to record highs

It's an exciting day if you're an investor in Bitcoin and/or Tesla. The crypocurrency soared to a new all-time high of $44,868.98 per bitcoin after the electric car maker said in regulatory filings that it will soon accept it as payment for its vehicles.
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Tesla's $1.5 billion investment sends bitcoin to record highs
It's an exciting day if you're an investor in Bitcoin and/or Tesla. The crypocurrency soared to a new all-time high of $44,868.98 per bitcoin after the electric car maker said in regulatory filings that it will soon accept it as payment for its vehicles. Read more »
 
US stocks are in a bubble, and it's unclear when it will pop, hedge fund manager says
The V-shaped recovery in the stock market is gathering serious momentum. Read more »
 
Why Main Street banks are doing better than Wall Street firms
If you are looking for another sign that the economy is rebounding and that average Americans are finally starting to benefit, you should check out what's happening with financial stocks. Read more »
 
Tesla says you could soon pay for one of its cars with bitcoins
Tesla is betting big on bitcoin, saying it may soon accept the digital currency as payment for its cars. And the most valuable car company on the stock market said it is holding some of its cash in bitcoins rather than traditional currency. Read more »
 
Global oil prices have fully recovered from the pandemic
After a rocky 12 months, oil prices — which got crushed when Covid-19 slashed demand for energy around the world — are roaring back. Read more »
 
Negative interest rates and huge deficits are the new normal. What comes next?
The pandemic is pushing economic policy to the limits. Governments around the world are running record budget deficits, and central banks are becoming addicted to easy money policies that would have been unthinkable two decades ago. Read more »
 
 
 
 
Dow Nasdaq S&P
+237.52   +131.35   +28.76
31,385.76   13,987.64   3,915.59
+0.76%   +0.95%   +0.74%
YTD +2.55%   YTD +8.53%   YTD +4.25%
 
Biggest Winners
Marathon Oil Corp +13.10%
 
Occidental Petroleum Corp +12.81%
 
Hess Corp +6.04%
 
HollyFrontier Corp +5.73%
Biggest Losers
Eversource Energy -2.61%
 
Kansas City Southern -2.50%
 
Cardinal Health Inc -2.49%
 
Entergy Corp -2.24%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $58.05 +0.08 / +0.14%
Gold $1,831.60 -2.60 / -0.14%
10-yr 1.16% -0.01
Euro $1.21 +0.00 / +0.02%
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