EddieJayonCrypto

 22 Apr 24

tl;dr

Stock futures edged higher in early trading on Monday, as investors awaited earnings reports from major tech companies such as Microsoft, Tesla, Meta Platforms, and others later in the week. BIGGEST STOCK GAINERS On Monday morning, crypto-related stocks saw gains, with Bitcoin's price holding steady...

Stock futures edged higher in early trading on Monday, as investors awaited earnings reports from major tech companies such as Microsoft, Tesla, Meta Platforms, and others later in the week. BIGGEST STOCK GAINERS On Monday morning, crypto-related stocks saw gains, with Bitcoin's price holding steady despite the recent halving. Riot Blockchain and MicroStrategy Incorporated climbed 5%, while Marathon Digital Holdings, Hut 8 Mining, and CleanSpark saw jumps of over 4%. Cipher Mining rose by 4%, Bitdeer Technologies Holding Company climbed 3.4%, and both Coinbase Global and Bakkt Holdings rose by 3%. BIGGEST STOCK LOSERS Shares of Informatica plunged over 10% following the breakdown of talks with Salesforce regarding a potential acquisition. Meanwhile, Li Auto shares fell by 7% after the company announced significant price cuts across its model range, intensifying the EV price war in China.

More about Microsoft Corporation

Company: Microsoft Corporation

Industry: Technology, Services-Prepackaged Software

Revenue: 2.965637169 trillion

Operating Profit Margin: 36.09%

Return on Assets: 2.86%

Return on Equity: 11.06%

Market Cap: 3.061 trillion

EPS: 0.363

Shares Outstanding: 22,758,300,100

Stock Price: $434.45

Dividend Yield: 0.332

Dividend per Share: 0.176

More about Tesla Inc

Tesla Inc Summary

Tesla, Inc. is an American electric vehicle and clean energy company based in Palo Alto, California. Tesla's current products include electric cars, battery energy storage from home to grid-scale, solar panels and solar roof tiles, as well as other related products and services.

In 2020, Tesla had the highest sales in the plug-in and battery electric passenger car segments, capturing 16% of the plug-in market (which includes plug-in hybrids) and 23% of the battery-electric (purely electric) market. Through its subsidiary Tesla Energy, the company develops and is a major installer of solar photovoltaic energy generation systems in the United States. Tesla Energy is also one of the largest global suppliers of battery energy storage systems, with 3 GWh of battery storage supplied in 2020.

Manufacturing Data

Sector: MOTOR VEHICLES & PASSENGER CAR BODIES

Revenue: $468,323,369,000

EBITDA: $34.28

Net Income: $4.29

Market Cap: $967,729,970,000

EPS: $172.06

P/E Ratio: 1.115

Dividend Yield: 0.035

More about Meta Platforms Inc.

Meta Platforms Inc. (formerly Facebook, Inc.) is a technology company headquartered in Menlo Park, California. The company develops products for connecting and sharing through various devices globally.

Sector: Technology

Services: Computer Programming, Data Processing, etc.

Market Cap: $1.22 trillion

Current Price: $322.37

Dividend Yield: 0%

Price/Earnings Ratio: 14.86

52-Week High: $52.41

52-Week Low: $229.29

Volume: 134,901,998

Average Volume: 499,370,000

Beta: 2.002

EPS: $0.247

More about Riot Blockchain Inc

Riot Blockchain Inc Analysis Summary

Riot Blockchain, Inc. focuses on cryptocurrency mining in North America. The company is headquartered in Castle Rock, Colorado.

Sector: Life Sciences

Industry: In Vitro & In Vivo Diagnostic Substances

Stock Symbol: 2314802000

Previous Close: $-0.28

Market Cap: $1.604 billion

EPS: $-0.176

Volume: 280,678,000

Market Price: $19.88

Dividend Yield: 2.333%

Price/Earnings Ratio: 0.31

More about MicroStrategy Incorporated

Stock Analysis: MicroStrategy Incorporated

MicroStrategy Incorporated provides global business analysis software and services. The company is headquartered in Tysons Corner, Virginia.

Sector: TECHNOLOGY

Industry: SERVICES-PREPACKAGED SOFTWARE

Current Price: $44.39

Dividend Yield: None

52-Week Low: $26.45

52-Week High: $36.3

Market Cap: $0.865B

Volume: 496,261,000

Revenue: $1,494.4M

EPS: -0.775

P/E Ratio: -0.061

More about Marathon Digital Holdings Inc

Marathon Digital Holdings Inc. is a cryptocurrency mining digital asset technology company with a focus on the blockchain ecosystem and digital asset generation in the United States. The company is headquartered in Las Vegas, Nevada.

Sector: Real Estate & Construction

Industry: Patent Owners & Lessors

Market Cap: 4416060000

Current Price: 15.57

Dividend Yield: None

P/E Ratio: 1.06

EPS: 2.108

Beta: 0.674

Volume: 387508000

Revenue: 26.5

Net Income: 0

Debt to Equity: 4.517

More about Hut 8 Corp. Common Stock

Technical Analysis: Hut 8 Corp. Common Stock

Industry: Finance Services

Current Price: $14.36

Support Level: $14.36

Resistance Level: $14.88

RSI: 52.616 (Neutral)

Moving Averages: 50-day: $14.36, 200-day: $2.364

Outlook: The stock is currently trading near the support level with a neutral RSI. Caution is advised as it approaches the resistance level at $14.88. The 50-day moving average indicates a short-term positive trend, while the 200-day moving average suggests a significant long-term uptrend.

More about CleanSpark Inc

CleanSpark Inc

CleanSpark, Inc. provides energy software and control technology solutions worldwide. The company is headquartered in Woods Cross, Utah.

Sector: Real Estate & Construction

Market Cap: $3.877 billion

Dividend Yield: None

EPS: -0.69

PE Ratio: 1.639

ROE: -0.381

Volume: 214,375,000

52-Week High: $25

52-Week Low: $0

Current Price: $1.652

More about Cipher Mining Inc

Company: Cipher Mining Inc

Description: Cipher Mining Inc. is a bitcoin mining company. The company is headquartered in Houston, Texas.

Industry: Real Estate & Construction, Blank Checks

Revenue: 1138533000

Net Income: -0.1

EBITDA: 0.502

EPS: -0.203

Market Cap: 126842000

P/E Ratio: 5

Dividend Yield (%): 0

Price/Book: 13.3

More about Bitdeer Technologies Group Class A Ordinary Shares

Stock Analysis: Bitdeer Technologies Group

Bitdeer Technologies Group is a technology company for the cryptocurrency mining community. The company is headquartered in Singapore.

Sector: Finance

Industry: Finance Services

Market Cap: 696,592,000

Dividend Yield: None

Revenue: 368,554,000

EPS: -0.51

PE Ratio: 3.336

Profit Margin: -0.154

Shares Outstanding: 13,310,000

Book Value: 0

Price to Book Ratio: 0.489

More about Coinbase Global Inc

Company: Coinbase Global Inc

Description: Coinbase Global, Inc. provides financial infrastructure and technology for the crypto economy. The company is headquartered in Wilmington, Delaware.

Sector: Finance

Industry: Finance Services

Market Cap: 51,122,446,000

Stock Price: $555.29

Dividend: None

P/E Ratio: 0.38

EPS: 12.41

ROE: 0.0324

Volume: 2,926,556,000

52-Week Range: $224.45 - $3.27

Beta: 0.494

More about Bakkt Holdings Inc

Bakkt Holdings Inc. Stock Analysis

Sector: Technology

Industry: Services - Prepackaged Software

Market Cap: $127.96 million

EPS: -0.84

PE Ratio: 8.76

PEG Ratio: -0.096

Volume: 780,136,000

Dividend Yield: 0.88

Beta: 0

Current Ratio: 12.48

More about Informatica Inc
Informatica Inc. Stock Analysis

Informatica Inc. Stock Analysis Summary

Informatica Inc. is dedicated to developing a software platform powered by artificial intelligence. The company is headquartered in Redwood City, California.

Industry: Technology

Sector: Services-Prepackaged Software

Market Cap: $103.83 billion

Dividend Yield: None

EPS: -0.43

P/E Ratio: 5.53

Profit Margin: -0.0785

Revenue: $1.595 billion

Stock Price: $39.36

52-Week High/Low: $0 / $0

Price to Sales: 0.116

More about Salesforce.com Inc

Salesforce.com Inc

Salesforce.com, Inc. is an American cloud-based software company headquartered in San Francisco, California. It provides customer relationship management (CRM) service and also provides a complementary suite of enterprise applications focused on customer service, marketing automation, analytics, and application development.

Industry: Technology

Sector: Services-Packaged Software

Market Cap: 262.26 Billion

Current Price: $64.53

Dividend Yield: 0

EPS: 4.19

P/E Ratio: 35.79

Beta: 0.119

Revenue: 34.86 Billion

Net Income: 311.74 Million

Debt to Equity: 4.952

Current Ratio: 0.108

More about Li Auto Inc

Li Auto Inc. designs, develops, manufactures, and sells smart electric sport utility vehicles (SUVs) in China. The company is headquartered in Beijing, China.

Industry: Manufacturing, Motor Vehicles & Passenger Car Bodies

Market Cap: $27,206,484,000

Current Price: $17.24

Dividend Yield: None

P/E Ratio: 1.53

52-Week High: $125.87

52-Week Low: $0.0945

Shares Outstanding: 1,238,513,340,000

EPS: $51.35

Price/Book: 20.69

Beta: 1.364

Disclaimer: The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.

Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
 14 Nov 24
 14 Nov 24
 14 Nov 24