Ipek Ozkardeskaya
Swissquote Bank Ltd
Bitcoin hits a new all-time-high as money continues flowing into the US’s first Bitcoin ETF, ProShares Strategy ETF.
The Dow Jones industrial index hit a fresh intra-day record as well, while the S&P500 is just a couple of points from refreshing record. The market sentiment is positive on the back of strong third quarter earnings.
Tesla announced another record quarter though the record revenue came just below Wall Street expectations which sent the share price 1% lower in the after-hours trading. Netflix, on the other hand, lost 2% yesterday, as better-than-expected earnings didn’t boost investor appetite at the current prices.
Elsewhere, PayPal offered to buy Pinterest, and Softbank-backed WeWork will go public through a SPAC today.
This report has been prepared by Swissquote Bank Ltd and is solely been published for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any currency or any other financial instrument. Views expressed in this report may be subject to change without prior notice and may differ or be contrary to opinions expressed by Swissquote Bank Ltd personnel at any given time. Swissquote Bank Ltd is under no obligation to update or keep current the information herein, the report should not be regarded by recipients as a substitute for the exercise of their own judgment.
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