{"id":822311,"date":"2025-01-27T06:11:46","date_gmt":"2025-01-27T12:11:46","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/01\/27\/bitcoins-coming-boom-trumps-stock-and-meme-coin-sink-and-netflix-hits-1000-markets-news-roundup\/"},"modified":"2025-01-27T06:11:46","modified_gmt":"2025-01-27T12:11:46","slug":"bitcoins-coming-boom-trumps-stock-and-meme-coin-sink-and-netflix-hits-1000-markets-news-roundup","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/01\/27\/bitcoins-coming-boom-trumps-stock-and-meme-coin-sink-and-netflix-hits-1000-markets-news-roundup\/","title":{"rendered":"Bitcoin’s coming boom, Trump’s stock and meme coin sink, and Netflix hits $1,000: Markets news roundup"},"content":{"rendered":"
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Photo: Anna Moneymaker (Getty Images), Andrew Harnik (Getty Images), Chip Somodevilla (Getty Images), Mario Tama (Getty Images), Bloomberg (Getty Images), Melina Mara-Poo (Getty Images), Tayfun Coskun\/Anadolu (Getty Images), Annabelle Chih\/Bloomberg (Getty Images)<\/figcaption><\/p>\n<\/div>\n

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Bitcoin will hit $130,000 this year, wealth advisor says<\/p>\n<\/div>\n

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Christopher McMahon, CEO of Aquinas Wealth Advisors and author of \u201cFaithful Finances\u201d, spoke with Quartz for the latest installment of our \u201cSmart Investing\u201d video series. <\/p>\n

Read More<\/a><\/span><\/p>\n<\/div>\n<\/div>\n

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Photo: Anna Moneymaker (Getty Images)<\/figcaption><\/p>\n<\/div>\n

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Just days before Donald Trump\u2019s inauguration as 47th president of the United States, the businessman-turned-politican launched his latest venture: a new cryptocurrency token. <\/p>\n

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President Donald Trump was joined by leaders at Oracle, OpenAI, and SoftBank to announce the Stargate Project, a planned $500 billion venture to invest in artificial intelligence infrastructure.<\/strong><\/figcaption>
Photo: Andrew Harnik (Getty Images)<\/figcaption><\/p>\n<\/div>\n

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MGX stock is soaring Wednesday on the heels of the company\u2019s involvement with OpenAI and SoftBank\u2019s (SFTBY<\/a><\/span>) new Stargate project. There\u2019s just one minor problem \u2014 it\u2019s the stock ticker for the wrong MGX. <\/p>\n

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Photo: Chip Somodevilla (Getty Images)<\/figcaption><\/p>\n<\/div>\n

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President Donald Trump\u2019s name isn\u2019t selling like it used to.<\/p>\n

Shares of Trump Media and Technology Group, the company behind the president\u2019s social media platform Truth Social, fell more than 7% in pre-market trading Tuesday. Trump Media\u2019s shares last closed at $40.03. \u00a0<\/p>\n

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Electric truck maker Rivian, like other electric vehicle companies, benefitted from President Joe Biden\u2019s policies. <\/figcaption>
Photo: Mario Tama (Getty Images)<\/figcaption><\/p>\n<\/div>\n

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The Detroit automakers\u2019 shares are rising Tuesday while their fully-electric rivals saw their stocks fall as President Donald Trump began tearing into his predecessor\u2019s pro-EV moves. <\/p>\n

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Stocks surged Tuesday afternoon, fueled at least in part by tempered expectations around the severity of President Donald Trump\u2019s potential tariffs.<\/p>\n

The Dow Jones Industrial Average soared 448 points, or about 1%, the S&P 500 index climbed about 0.8%, and the Nasdaq index ticked up 0.65%.<\/p>\n

While Trump signed a swath of executive orders on his first day in office, ranging from return-to-office mandates for federal workers to moving to end birthright citizenship, his tariff talk was much softer than analysts had expected. <\/p>\n

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The brawl between boxing legend Mike Tyson and influencer Jake Paul was Netflix\u2019s \u201cmost-streamed sporting event ever.\u201d<\/figcaption>
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Netflix (NFLX<\/a><\/span>) stock is booming on Wednesday, a day after the company reported blockbuster earnings bolstered by its largest increase of new paid subscribers ever. <\/p>\n

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Bitcoin will hit $130,000 this year, wealth advisor says<\/p>\n<\/div>\n

Christopher McMahon, CEO of Aquinas Wealth Advisors and author of \u201cFaithful Finances\u201d, breaks down why institutional adoption of crypto will drive prices higher<\/p>\n<\/div>\n

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Nvidia CEO Jensen Huang during an event in Taipei, Taiwan on June 2, 2024.<\/figcaption>
Photo: Annabelle Chih\/Bloomberg (Getty Images)<\/figcaption><\/p>\n<\/div>\n

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Nvidia (NVDA<\/a><\/span>) reclaimed its title as the world\u2019s most valuable public company on Tuesday as Apple\u2019s (AAPL<\/a><\/span>) shares slid.<\/p>\n

The chipmaker\u2019s stock was up about 2.4% during mid-day trading Tuesday, pushing its market cap to $3.45 trillion. Meanwhile, Apple saw its shares fall by almost 4%, landing its market cap at $3.33 trillion. The iPhone maker\u2019s shares are down by more than 9% so far this year, while Nvidia\u2019s shares are up 2%. <\/p>\n

Read More<\/a><\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n

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\n Raleigh Klemp<\/p>\n","protected":false},"excerpt":{"rendered":"

Photo: Anna Moneymaker (Getty Images), Andrew Harnik (Getty Images), Chip Somodevilla (Getty Images), Mario Tama (Getty Images), Bloomberg (Getty Images), Melina Mara-Poo (Getty Images), Tayfun Coskun\/Anadolu (Getty Images), Annabelle Chih\/Bloomberg (Getty Images) Bitcoin will hit $130,000 this year, wealth advisor says Christopher McMahon, CEO of Aquinas Wealth Advisors and author of \u201cFaithful Finances\u201d, spoke with<\/p>\n","protected":false},"author":1,"featured_media":822312,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27753,1156],"tags":[],"class_list":{"0":"post-822311","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoins","8":"category-coming"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/822311","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=822311"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/822311\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/822312"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=822311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=822311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=822311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}