Crypto stocks mining gains premarket
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 11 November 2024
⏱️ 5 minutes
🧾️ Download transcript
Summary
Episode transcripts seekingalpha.com/wsb.
Show links:
Earnings week ahead: DIS, BABA, JD, CSCO, HD, OXY, SU, SHOP, AMAT, SPOT, and more
Firefox turns 20: Can Mozilla return to its previous heights?
Wall Street picks for bank stocks after Trump's victory include Capital One, PNC
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Transcript
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| 0:00.0 | Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning. |
| 0:08.1 | Good morning. Today is Monday, November 11th. I'm Julie Morgan. |
| 0:13.1 | Crypto-related stocks are on our list of the biggest movers of the day pre-market. |
| 0:17.8 | McKesson and Oracle have their sights set on Veridime, and Smith and nephew investors may |
| 0:23.3 | push for a breakup. Bitcoin is above $82,000 in crypto-related stocks are seeing gains of at least |
| 0:31.0 | 10% in pre-market action. The surge is driven by President-elect Donald Trump's favorable |
| 0:36.7 | stance on digital assets. |
| 0:38.7 | Riot Platforms is up 12.3% premarket. |
| 0:42.3 | Mara Holdings is seeing gains of nearly 17%. |
| 0:46.1 | Microstrategy is up 10% in pre-market action. |
| 0:49.7 | Coinbase up 18%. |
| 0:51.8 | Hive Digital is up 13%. Bit Digital is up 21%. And BitFarms is up 17% pre-market. |
| 1:00.6 | The crypto craze is our top story in the Wall Street Breakfast newsletter, our daily one-page |
| 1:05.8 | news summary. A link to sign up for the newsletter is in show notes. |
| 1:10.8 | McKesson and Oracle are among the finalists seeking to acquire electronic medical records company Veridime, according to Axiocon's Sunday, citing sources familiar with the matter. |
| 1:21.5 | According to the report, a deal is expected to top Veridime's $1 billion market cap due to the lower antitrust risk from the |
| 1:29.3 | incoming Trump administration. |
| 1:31.3 | One source was quoted as saying that the companies and private equity firm Tama Bravo could |
| 1:36.3 | possibly have asked for a small discount due to possible increased antitrust scrutiny due |
| 1:41.3 | to their medical data holdings. |
| 1:43.3 | Axioles reported that sources said Tama Bravo was particularly scrutiny due to their medical data holdings. Axios reported that sources said |
| 1:45.4 | Toma Bravo was particularly interested due to its next-gen portfolio company. The sources reportedly |
... |
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