Amazon.com, Inc (NASDAQ: AMZN) popped more than 1% on Monday, in tandem with the S&P 500, which was bouncing by about the same amount.
The stock has been steadily declining since Feb. 3, after rejecting the 200-day simple moving average (SMA).
The pandemic not only brought droves of retail traders into the stock market and crypto sector and sent the popularity of non-fungible tokens soaring, but also massively intensified issues around cyber-security, with people and businesses becoming more dependent than
Spot gold has enjoyed a bull market for the last few months amid rising inflation and recession fears, despite the recent pullback. The current downturn the commodity is experiencing could signal good news for miners, however, who often see a trickle-down effect, lagging a bull run in spot gold.
Bitcoin (CRYPTO: BTC) fell almost 6% lower Friday morning in tandem with the general market after the Bureau of Economic Analysis reported a 5.4% increase in the personal consumption expenditures (PCE)
Block, Inc (NYSE: SQ) was trading slightly lower Thursday as the company heads into its fourth-quarter earnings print after the close.
When Block printed a third-quarter earnings beat on Nov. 3, the stock surged 11.5% higher the following day.
Shiba Inu (CRYPTO: SHIB) enjoyed some early session volatility that caused the crypto bounce almost 4% before falling to near flat as investors mulled GDP and jobs data.
Lucid Group, Inc (NASDAQ: LCID) is set to print its fourth-quarter earnings after the markets close on Wednesday. The stock was trading slightly higher heading into the event in continued consolidation after surging 100% on Jan.