Most Actively Traded Stocks For Tuesday, Feb. 13, 2024


(MENAFN- Baystreet) Tuesday's Biggest Movers: ARM Holdings, Tesla, Nvidia, and More

  • Aurora Cannabis Posts an Adjusted EBITDA Profit for the Fifth Straight Quarter: Has It Become a Good Buy?
  • Critical Push for US Domestic Nickel Needed to Halt Total Reliance on Questionable Foreign Imports
  • Edible Garden Gains on Deal with Food Retailer
  • Corvus Edges up on Disclosing Data Previous Articles Subscribe to Get Small Cap News & Alerts Chris La - Tuesday, February 13, 2024

    Most Actively Traded Stocks for Tuesday, Feb. 13, 2024

    Watch cryptocurrencies today after Bitcoin cracked above the $50,220 level. At a price not seen in two long years, the renewed bullishness lifts Ethereum (ETH-USD), too. Retail investors initially sold Grayscale Bitcoin ETF but then inflows increased in the weeks that followed.

    The S&P 500's breakout above 5,000 fueled BTC prices. The pair will continue to feed off the bullishness unless markets have any bad news to worry about. Until then, the Dow will rise, too. Analysts downgraded Salesforce (CRM) and Hershey (HSY) to limit the index's rise. Conversely, Diamondback Energy (FANG) announced yesterday that it would buy Endeavor Energy Partners. After closing at ~ $166, trading volumes could lift the stock again today.

    In the days ahead, quarterly earnings from both Kraft Heinz (KHC) and Coca-Cola (KO) will reveal the health of the consumer. John Deere (DE) will need to post strong results to indicate strong farming activity.

    On the economics front, the January 2024 inflation report will determine the market's direction for the rest of the day. Watch U.S. bond yields closely. If they rise, it indicates higher expectations for rates remaining in the 5% for much longer. Conversely, a drop would reflect an increased chance of rate cuts in 2024.





    • About Us
    • Contact Us
    • Advertise
    • License Our Content
    • Jobs
    • Disclaimer
    • Privacy Policy

    Copyright 1998 - 2024 Baystreet Media Corp. All rights reserved. Nasdaq Stocks: Information delayed 15 minutes. Non-Nasdaq Stocks: Information delayed 20 minutes. Bid and Ask quotation information for NYSE and AMEX securities is only available on a real time basis. Market Data is provided by QuoteMedia. Earnings by Zacks. Analyst Ratings by Zacks

    MENAFN13022024000212011056ID1107846038


  • Legal Disclaimer:
    MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.