Crypto market shows recovery
After mostly declining over the past few days, the crypto market was seen higher over the past 24 hours, as all top 10 cryptos registered gains. At the time of writing, Bitcoin was up more than 3%, nearing the $8,000 mark. Litecoin was the only top 10 cryptocurrency to register double digit gains, up more than 10%.
BTC | Bitcoin
7925.43 -19.26 (-0.24%)
Today’s highlights: Beyond Meat continues to surge
Wall Street closes higher: The positive momentum in US markets continued yesterday, as the DJ30, SPX500 and NSDQ100 all closed higher. Several stocks reached new all-time highs, including Microsoft, PayPal and Visa.
Asian markets seen higher: Markets in the East registered gains this morning. At the time of writing, the China50 index was up more than 2%, joined by the JPN225 and HKG50 indices.
Oil shows slight recovery: After registering losses yesterday, the black gold was seen higher this morning. The recent gains are attributed to reports that OPEC+ is planning on extending the ongoing oil production cut.
Beyond Meat continues to soar: The vegan food giant continued to register monstrous gains yesterday. After rising nearly 40% in the previous session, Beyond Meat rose an additional 21% yesterday, reaching yet another all-time high.
Salesforce acquires Tableau: CRM software giant Salesforce yesterday announced the acquisition of Tableau, a data visualization company, for $15.7 billion. Following the announcement, Tableau shares skyrocketed more than 33%, to reach a new all-time high.
United Technologies merges with Raytheon: Aerospace company United Technologies announced a merger with cyber defense company Raytheon, creating the 2nd-largest defense and aerospace company in the US. On eToro, Raytheon is part of the CyberSecurity CopyPortfolio, which gives investors exposure to the cyber defense market, which is known to hold great potential for merger and acquisitions.
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