Market (@MarketNewsUpdate) on getquin

𝗠𝗮𝗿𝗸𝗲𝘁 𝗡𝗲𝘄𝘀 🗞️

𝗡𝗲𝘂𝗲 𝗧𝘄𝗶𝘁𝘁𝗲𝗿 𝗦𝗽𝗶𝘁𝘇𝗲 / 𝗚𝗶𝗽𝗵𝘆 𝗺𝘂𝘀𝘀 𝘄𝗲𝗴 / 𝗩𝗶𝗿𝘂𝘀 𝗖𝗼𝗶𝗻

𝗘𝘅-𝗗𝗮𝘁𝗲𝘀 📅

As of today, among others, Goldman Sachs ($GS (-1.39%)), The Home Depot ($HD (-1.24%)), Nvidia ($NVDA (+2.32%)) and Qualcomm ($QCOM (-2.78%)) are trading ex-dividend.

𝗤𝘂𝗮𝗿𝘁𝗮𝗹𝘀𝘇𝗮𝗵𝗹𝗲𝗻 📈

Today, among others, CrowdStrike ($CRWD (+0.57%)), Okta Inc. ($OKTA (+0.11%)), Royal Bank of Canada ($RY (+0.18%)), Snowflake Inc. ($SNOW (+2.43%)), Synopsys ($SNPS (-0.94%)) and Veeva Systems ($VEEV (+0.16%) )presented their figures.

𝗠𝗮𝗿𝗸𝗲𝘁𝘀 🏛️

Twitter ($TWTR) - Jack Dorsey is stepping down from his role as CEO. He is succeeded by former chief technology officer Agrawal. The Stanford graduate enjoys a good reputation within Twitter, but his promotion to CEO comes as a surprise to the staff, who would have preferred an established manager from the tech world. Agrawal has big tasks ahead of him, as Twitter is exposed to strong competitive pressure, but ex-CEO Jack Dorsey trusts him blindly.

Meta ($FB (+0.4%)) - The U.K.'s competition watchdog CMA classifies Meta's acquisition of Giphy as anti-competitive and calls for a resale. It says the deal creates significant market power that would make it harder for other platforms to access GIF files.

𝗖𝗿𝘆𝗽𝘁𝗼 💎

Omicron ($OMIC (+0.01%)) - When you hear this word, the first thing that comes to mind is the new Covid-19 variant, but in this case, we are talking about cryptocurrencies.

Omicron token, which was very unknown a few days ago, gained 1100% in value thanks to the Covid-19 viral mutation of the same name.

On November 27, the token was trading at $64 and jumped up to $711 by November 29.

However, within a few hours, the token lost 75% again.

Today, the Omicron Coin is trading at around $500.

Bitcoin ($BTC (-0.81%)) - not a safe haven after all?- While many investors call Bitcoin a safe haven when other assets like stocks & precious metals crash, reality shows otherwise.

Last Friday, Bitcoin fell 6% after it came out that there is a new viral mutation. The S&P 500 (US78378X1072) lost only - 2.44%.

Bitcoin also lost 26% during the first Coronacrash in March 2020.

Craig Erlam, senior market analyst at OANDA has this to say:

"This has dealt a fatal blow to its reputation as a safe haven".