Stock Market Today: Dow Jones Up As Bitcoin Play Pops; Cathie Wood Loads Up On This AI Stock Amid 48% Plunge

Blockhead12-17 00:06

The Dow Jones Industrial Average inched up in morning trades Monday, helped by Nike (NKE), while other indexes were mixed. Bitcoin play MicroStrategy (MSTR) rose while famed investor Cathie Wood ...

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Bitcoin play MicroStrategy (MSTR) rose while famed investor Cathie Wood ...</p>\n\n<a href=\"https://www.investors.com/market-trend/stock-market-today/dow-jones-nasdaq-sp500-bitcoin-cathie-wood-palantir-nvidia-super-micro/\">Source Link</a>\n\n</div>\n","source":"investor_business_daily_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Market Today: Dow Jones Up As Bitcoin Play Pops; Cathie Wood Loads Up On This AI Stock Amid 48% Plunge</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Market Today: Dow Jones Up As Bitcoin Play Pops; Cathie Wood Loads Up On This AI Stock Amid 48% Plunge\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-17 00:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/market-trend/stock-market-today/dow-jones-nasdaq-sp500-bitcoin-cathie-wood-palantir-nvidia-super-micro/><strong>Blockhead</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Dow Jones Industrial Average inched up in morning trades Monday, helped by Nike (NKE), while other indexes were mixed. Bitcoin play MicroStrategy (MSTR) rose while famed investor Cathie Wood ...</p>\n\n<a href=\"https://www.investors.com/market-trend/stock-market-today/dow-jones-nasdaq-sp500-bitcoin-cathie-wood-palantir-nvidia-super-micro/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"09439","symbol_name":"嘉实比特币-U","start_time":0,"source_url":"https://www.investors.com/market-trend/stock-market-today/dow-jones-nasdaq-sp500-bitcoin-cathie-wood-palantir-nvidia-super-micro/","article_id":"2492261674","we_media_id":null,"thumbnails":["https://www.investors.com/wp-content/uploads/2024/12/SMT-CathieWood-121624-news-150x150.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2492261674","pubTimestamp":1734365182,"columns":[],"sourceInfo":{"source_id":"investor_business_daily_highlight","name":"Investor’s Business Daily"},"weMediaInfo":null,"summary":"The Dow Jones was steady on the stock market today. A Bitcoin play rose on a Nasdaq move. Cathie Wood bought a plunging AI stock.","collect":0,"end_time":0,"defaultTopTitle":"investors.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"83042":"华夏比特币-R","09439":"嘉实比特币-U","NVD":"GraniteShares 2x Short NVDA Daily ETF","BEAM":"Beam Therapeutics, Inc.","QID":"纳指两倍做空ETF","NVDD":"Direxion Daily NVDA Bear 1X Shares","NVDA":"英伟达","09008":"博时比特币-U",".IXIC":"NASDAQ Composite","2NVD.UK":"2X NVIDIA ETP","SNVD.UK":"LS -1X NVIDIA","NVDS.UK":"LS -1X NVIDIA","AVGO":"博通","03008":"博时比特币","NVDU":"Direxion Daily NVDA Bull 2X Shares","03439":"嘉实比特币","FFTY":"Innovator IBD 50 ETF","QLD":"纳指两倍做多ETF","MSTR":"MicroStrategy","NVDX":"T-REX 2X LONG NVIDIA DAILY TARGET ETF","SQQQ":"纳指三倍做空ETF","09042":"华夏比特币-U","CRSP":"CRISPR Therapeutics AG","TSYW.SI":"TESLA 3xLongSG261006","USAW.SI":"AMZN 3xLongSG261006","NVIW.SI":"NVDA 3xLongSG261006","HON":"霍尼韦尔","TER":"泰瑞达","PSQ":"纳指反向ETF","03042":"华夏比特币","NKE":"耐克","ARKK":"ARK Innovation ETF","TEM":"Tempus AI","3NVD.UK":"LS 3X NVIDIA","MSTR.AU":"MORNINGSTAR INTL SHARES ACT","TEM.AU":"TEMPEST MINERALS LTD","TQQQ":"纳指三倍做多ETF","TER.AU":"TERRACOM LTD"},"translate_title":"今日股市：比特币股市上涨，道琼斯指数上涨；Cathie Wood在暴跌48%的情况下买入这只人工智能股票","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"83042":0.6,"03008":1,"TER.AU":1,"TER":1,"TEM.AU":1,"TEM":1,"NVDA":1,"NKE":1,"MSTR.AU":1,"MSTR":1,"HON":1,"FFTY":1,"CRSP":1,"BEAM":1,"09008":1,"09042":1,"03439":1,"09439":1,"03042":1,"ARKK":1,"AVGO":1,".IXIC":0.69,"TQQQ":0.6,"TSYW.SI":0.6,"USAW.SI":0.6,"SQQQ":0.6,"SNVD.UK":0.6,"QLD":0.6,"QID":0.6,"PSQ":0.6,"NVIW.SI":0.6,"NVDX":0.6,"NVDU":0.6,"NVDS.UK":0.6,"NVDD":0.6,"NVD":0.6,"2NVD.UK":0.6,"3NVD.UK":0.6,"NQmain":0.6,"MNQmain":0.6},"content_text":"The Dow Jones Industrial Average inched up in morning trades Monday, helped by Nike (NKE), while other indexes were mixed. Bitcoin play MicroStrategy (MSTR) rose while famed investor Cathie Wood snapped up a plunging artificial intelligence stock. And Super Micro Computer (SMCI) plunged amid delisting fears on the stock market today.\nTrying to fight back after last week's declines, the Dow was off to a steady start, as it was up marginally. Nike, which posts earnings Thursday, was shining with a gain of nearly 2% while Honeywell International (HON) outperformed with a gain of more than 3%. Nvidia (NVDA) lagged, losing nearly 2%.\n\n\n\n↑\nX\n\n\n\n\nTricky Rotations But Tech Leaders Surge; GOOGL, AVGO, CRDO In Focus\n\n\nSee All Videos\n\n\n\n\nNOW PLAYING\nTricky Rotations But Tech Leaders Surge; GOOGL, AVGO, CRDO In Focus\n\n\n\n\nThe Nasdaq composite, meanwhile, outperformed as it gained 0.9%. The index is above all its short-term moving averages and sits around 6% above its 50-day moving average.\nTop performers on the tech-heavy Nasdaq composite included Broadcom (AVGO), which jumped nearly 7% on top of its 24% surge on Friday. Micron Technology (MU) also climbed nearly 7%, as its earnings are due late Wednesday.\nStock Market Today: Communication Services Strong\nThe benchmark S&P 500 rose 0.4%. Teradyne (TER) fared well here as it popped 5%. Palantir Technologies (PLTR) lagged with a decline nearly 4%.\nThe S&P 500 sectors were mostly positive. Communication services and consumer discretionary were the best performers. Financials and energy lagged the most.\nThe Russell 2000 rallied out of the red to gain 0.8%. Growth stocks also proved solid, with the Innovator IBD 50 (FFTY) exchange traded fund surging 1.5%.\nBitcoin Play MicroStrategy Pops\nCryptocurrency has been an area of strength of late amid rising hopes of broad acceptance. MicroStrategy stock was popping on the stock market today, gaining nearly 4% in early trading.\nIt comes amid news the largest corporate holder of Bitcoin will be added to the prestigious Nasdaq-100 index.\nThis also bolsters shares as the stock will be snapped up by the popular Invesco QQQ Trust (QQQ) exchange traded fund, which tracks the Nasdaq index.\nIt got an additional boost as Bitcoin tokens climbed past the $106,000 level. It has slipped back to trade just below this level but remains up more than 3% over the past 24 hours, according to CoinDesk.\nOutside Dow Jones: Cathie Wood Grabs Falling Knife\nAttempting to catch a falling knife is always a risky strategy. But that investing maxim did not stop ARK Invest Chief Executive Cathie Wood from snapping up Tempus AI (TEM) stock on Friday.\nHer firm, where she also serves as chief investment officer, snapped up more than 82,000 shares in Tempus for the ARK Innovation (ARKK) ETF.\n\nTempus, which had its initial public offering in June, currently holds a dreadful IBD Composite Rating of 13 and it sits below the key 50-day moving average.\nThese are two red flags for investors who may be considering following in Cathie Wood's footsteps. For one, the stock has a 23 Relative Strength Rating and has yet to turn a profit.\nShares were up slightly Monday. Tempus had fallen more than 48% from from its high of 79.49, which it reached on Nov. 12, at Friday's close.\nTempus uses data and artificial intelligence to improve health care. It aims to help drug discovery and genomic sequencing.\nAmong other trades, the ARKK fund also bought nearly 159,000 shares in Crispr Therapeutics (CRSP) and added nearly 30,000 shares of Beam Therapeutics (BEAM).\nIt also but sold around 75,000 Tesla (TSLA) shares amid a recent strong rally for the electric-vehicle stock.\nStock Market Today: Super Micro Computer Stock Drops\nSuper Micro Computer stock had a rough session amid rising fears it could end up being delisted from the full Nasdaq composite after all. Nasdaq said Friday it planned to take Super Micro off its prestigious Nasdaq 100 index Dec. 23.\nSuper Micro was off opening lows but remained down nearly 5%. The moves came in high volume and it lost ground on the important 50-day moving average.\n\nThe troubled AI server company has approached Evercore for raising capital, Bloomberg reported. Super Micro is considering both issuing equity and raising debt as it looks to solidify its financial health. The stock was hammered at the end of August when the firm announced it planned to delay the filing of its annual report.\nThe firm reported at the end of October that its accounting firm, Ernst & Young, had resigned over financial reporting concerns. Then last month, the server maker revealed it would be unable to file its quarterly report on time.\nHowever the stock rallied with gusto after Super Micro unveiled a plan to get its house in order. It received an extension until Feb. 25 to file its annual and quarterly reports, which removed the immediate threat of a delisting.\nEven taking its declines into account — and it is well off 2024 highs — the stock remains up around 23% this year.\nPlease follow Michael Larkin on X at @IBD_MLarkin for more analysis of growth stocks.\nYOU MAY ALSO LIKE:\nIBD Stock Of The Day Is Flexing Big Tech Muscles\nWhy OpenAI, Anthropic Face Tough AI Showdown With Big Tech\nThese Are The Five Best Stocks To Buy And Watch Now\nJoin IBD Live Each Morning For Stock Tips Before The Open\nThis Is The Ultimate Warren Buffett Stock, But Should You Buy It?","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2492261674"}