To The Moon

Crypto-related stocks and funds rallied on Monday after bitcoin briefly rose above $50,000 for the first time since December 2021, as demand for recently launched spot bitcoin ETFs remains robust.The largest cryptocurrency has risen 13% over the past seven days, according to CoinDesk data. It has climbed 11% so far this year, building on a more than 150% gain in 2023. However, bitcoin is still down roughly 28% from its all-time high of $68,990, reached in November 2021.Meanwhile, crypto exchange Coinbase's shares ended 3.7% higher to $147.31, while MicroStrategy's shares finished up 11% at $717.52. Crypto miner Riot Platforms's stock finished 9.4% higher at $15.92, and Marathon Digital Holdings's shares ended 14.2% higher at $27.28. Ebang International Holdings's shares rose 7.9% to $11.11.Meanwhile, some investors are also seeking bitcoin as a potential safe haven amid geopolitical uncertainty, Connors said in an interview.Connors is now eyeing a range of $60,000 to $65,000 for

Pagaya Technologies stock gapped up 17.3% in Thursday morning trading after Jefferies initiated coverage on the Israeli fintech company with a Buy rating, as its "powerful network effect and product flywheel have positioned the company for ongoing success." The company is set to capture more market share through " increased penetration of current clients, ongoing additions of lending platforms, continued market share aggregation, and increased conversion rates," analyst John Hecht wrote in a note. Based on 2022 markets sizes, he noted, Pagaya captures less than 1% of the total addressable market for personal, auto, credit card and single-family rental markets. Hecht's Buy rating diverges from the SA Quant system rating of Hold and agrees with the average sell-side analyst rating of Buy. More on Pagaya Technologies Pagaya's 2024 Outlook: Stability And Mid-20s% CAGR Expected Pagaya Technologies: Facing A Promising 2024 Pagaya Technologies: Huge Upside Potential For This AI Stock

The iEdge S-Reit Index ended November with a 7.4% total return, reversing the 7.0% decline seen in October. Similar performance was seen across most major Reit markets after signals from the US Federal Reserve that rate hikes are likely over, with the broader FTSE EPRA Nareit Developed Index gaining 7.8% in total returns over the month.The November rebound brought the iEdge S-Reit Index’s year-to-date decline from 9.0% as at end October, to 2.2%t as at end November. This also marks the largest monthly total return gains for the Index since November 2020.REIT Watch - iEdge S-Reit Index monthly total returnsFour trusts maintained double- digit total return gains in the year to-date till end November – $DigiCore Reit USD(DCRU.SI)$ (19.6%),&n

Cathie Wood's ARK Investment Management funds made their first purchase of shares in data-analysis firm Palantir in about two and a half months.ARK Innovation ETF acquired nearly 1.2 million shares, ARK Next Generation Internet ETF bought 232,050 shares, and ARK Fintech Innovation ETF purchased 145,910 shares.This move comes as Palantir's stock has declined by 19.7% from its high on November 20, but it remains up 167% year-to-date.Palantir shares are up 1% in pre-market Thursday trade. The stock fell on Wednesday after co-founder Stephen Cohen disclosed he sold nearly $13 million in stock.By Senad Karaahmetovic