The Dow Jones and S&P 500 hit record highs on Thursday as the markets soared after the Federal Reserve cut interest rates Wednesday.

The post Dow Jones and S&P 500 Soar to Record Highs on Rate Cut Rally appeared first on ValueWalk.

MicroStrategy Incorporated (NASDAQ:MSTR) announced on Wednesday afternoon that it intends to issue up to nearly $1 billion worth of corporate debt. Much of the proceeds from that debt will be used to redeem/pay off other debt, but MicroStrategy also expects to use some of the proceeds to purchase Bitcoin. Previously… Continue reading MicroStrategy to Issue Nearly $1B of Debt, Buy More Bitcoin

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Bitcoin (BTC) crossed the $63,000 mark following the Federal Reserve (Fed} decision to slash rates by 50bps. The dot plan indicated that the central bank is ready to cut the interest rate again in 2024, at least twice. The news sent US stocks and the top cryptocurrencies higher. Bitcoin enjoyed… Continue reading Bitcoin Extended Its Gains but Will the Uptrend Last?

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Find out why Darden Restaurants stock was surging some 8% higher Thursday despite missing earnings estimates.

The post This Cheap Restaurant Stock Climbed 8%: Time to Buy? appeared first on ValueWalk.