Riot Shares Jump 13% as Activist Starboard Takes Stake in Bitcoin-Miner

WSJDec 12 09:35 ET

The Nasdaq fell to 0.02 million points, Adobe plummeted more than 13%, the China concept Index rose against the trend, and Bitcoin dropped below 0.1 million dollars.

In November, USA PPI inflation exceeded expectations, with the market betting on a pause in interest rate cuts in January next year. The Dow has fallen for six consecutive days, with NVIDIA experiencing the largest drop of 2.5%. Tesla, Meta, Google, and Amazon have moved away from their highs, uranium mining stocks have declined, but Apple reached a new high. Broadcom rose nearly 5% in after-hours trading, and Chinese stocks Baidu and PDD Holdings increased by over 1%. Bond yields in Europe and the USA have risen significantly, and after the European Central Bank cut interest rates, the euro fell to a one-week low, before rebounding. The dollar reached a two-week high, while the offshore yuan once rose over 200 points, breaking through 7.26 yuan. Commodities generally fell, with spot gold down over 2% and spot silver down over 4% during the session.

wallstreetcn18:24 ET

Options Corner: Turn Coinbase's Volatility Into Opportunity With Long Iron Condors

Benzinga16:41 ET

Coinbase Options Spot-On: On December 12th, 221.04K Contracts Were Traded, With 1.31 Million Open Interest

Moomoo News16:30 ET

Top Cryptocurrencies Mixed; Bitcoin Hovers Around $100,000

MT Newswires15:54 ET

Josh Brown Unveils The 'Degen Dow,' A Basket Of 30 Retail Darlings Spanning All 'Major Degen Food Groups'

Benzinga14:29 ET