Stocks are still moving in after-hours trading, but let's look back at the day's biggest market movers and trading takeaways. This is Asking for a Trend with, where he is joined by leading market experts and several Yahoo Finance senior reporters to break down the past trading day.
You know, I think there's probably two major catalysts that are driving the Bitcoin action right now.Um historically, every Bitcoin housing has caused a supply shock with Bitcoin. So uh I think that there's a lot of positive developments to come on the on the political and geopolitical side that are really kind of brand new catalysts for our industry and just let's stick with politics, David, because mine are saying is you actually met uh former president uh Trump.Yeah, we, we talked to Bitcoin mining, we talked how Bitcoin is aligned with the president's agenda for energy independence, for energy abundance, for America first.
You can see NVIDIA here coming back in the for uh but NVIDIA hasn't made a record high in probably about two weeks. So if you take all the components of the eight of the S and P 500/80 percent of them have experienced earnings revision to the upside over the three months.And so I did the back, I'm not gonna go over the exact formula.
It is good to see you and you know, on this trend, Jessica, there was this this very good smart article in in the journal which talked about how, uh, increasingly people feel stuck in their jobs.People feel stuck if viewers are watching this Jessica and they feel stuck.
So I would dig deeper as a leader if I were trying to motivate my employees and think about the employee experience that they're having every single day and what experiences I can improve to drive the right belief so that they really care.Are there, there may be some employers, Jessica, I'm just, you know, spitballing here who are listening and saying, you know, the economy is slowing, you can see that in all kinds of data.
Yeah, with our chart of the day here, which comes to us courtesy of Bloomberg that looked at some of this data.You earlier talked about it as a very slow sort of melt up.The gain in the S and P 500 was only 1/10 of 1%.Now, it has had and at the same time that we have seen profit expectations ratchet up and up and up.Once we start getting companies reporting in earnest starting this Friday with the big banks.
People are glad to see that it means the fed, you know, is restrictive and they will admit that and that's working.So even though you've got perhaps stocks getting a little the the rally that we have seen getting a little bit long in the tooth and Josh, there are a lot of reasons for that, that people appointed to as well, that or underlying reasons why it might not last, including the lack of breath in the market, but you still have some optimism out there and some optimism.
Mark O'Hare became a billionaire after BlackRock acquired his data company. Now he's turning his employees into millionaires.
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