Bitcoin tops $56,000, Lowe’s beats estimates: Yahoo Finance Live
Bitcoin’s (BTC-USD) recent surge continues this morning with the cryptocurrency topping $56,000, a two-year high. The latest rally for bitcoin was sparked after MicroStrategy (MSTR) disclosed the purchase of a further 3,000 bitcoins. On the earnings front, Lowe’s (LOW) topped estimates. Despite the beat, the retailer forecasted both annual sales and profits below expectations amid continued pressure on the home improvement sector. This morning we got earnings from other top names including Macy's (M), AutoZone (AZO), and Norwegian Cruise Line (NCLH). Yahoo Finance trending tickers include Coinbase (COIN), Palo Alto Networks (PANW), and CleanSpark (CLSK).
Key guests include:
9 a.m. ET - David Swartz, Morningstar Equity Analyst
10:15 a.m. ET - Michael Baker, D.A. Davidson Managing Director and Senior Research Analyst
10:30 a.m. ET - Mark Smucker, The J.M. Smucker Company CEO
10:45 a.m. ET - William Kovacic, Former FTC Chairman, and Mozelle Thompson, FTC Former Commissioner
11 a.m. ET - Sucharita Kodali, Forrester Research Retail Analyst