Bitcoin rose 3% on Tuesday away from a two-month trough amid active purchases around the $90,000 barrier, after MicroStrategy announced a new round of bitcoin purchases. 

Prices are also boosted as US treasury yields stall before crucial inflation data this week.

The Price

Bitcoin rose 3% at Bitstamp today to $97,339, with a session-low at $94,345.

On Monday, bitcoin rose 0.25%, the first profit in three days away from a two-month trough at $89,164.

Crypto Market Value 

The market value of cryptocurrencies rose over $105 billion on Tuesday to a total of $3.500 trillion.

MicroStrategy 

Through the X platform, MicroStrategy CEO Micheal Saylor announced the purchase of 2530 new bitcoins, bringing the company’s total bitcoin holdings to a new record.

The purchase was done between January 8 and 13, spending $243 million in total, meaning the company paid on average $95972 per bitcoin, with MicroStrategy now owning 450,000 bitcoins overall, averaging $62,700 per bitcoin.

US Yields 

US 10-year treasury yields fell 0.8% on Tuesday, giving up a 14-month peak at 4.805% and pressuring the greenback.

US Rates

The recent US payrolls report showed the economy added more jobs than expected in December, while unemployment fell unexpectedly in another sign of the tight US labor conditions.

The report tanked the odds of a Fed 0.25% rate cut in January from 7% to just 2.5%.

Now investors await important US inflation data this week to gather more clues.

The US dollar fell in European trade on Tuesday and expanded the gains for the second straight session, moving away from a 26-month high on profit-taking, as US 10-year treasury yields taper off.

Investors now await important US inflation data, which will provide important clues on the odds of US interest rate cuts in January.

The Index

The dollar index fell 0.2% today to 109.33, with a session-high at 109.68.

On Monday, the index lost 0.15%, the first loss in five sessions on profit-taking away from a 26-month high at 110.18.

US Yields 

US 10-year treasury yields fell 0.8% on Tuesday, giving up a 14-month peak at 4.805% and pressuring the greenback.

US Rates

The recent US payrolls report showed the economy added more jobs than expected in December, while unemployment fell unexpectedly in another sign of the tight US labor conditions.

The report tanked the odds of a Fed 0.25% rate cut in January from 7% to just 2.5%.

Now investors await important US inflation data this week to gather more clues.

US producer prices are expected up 3.4% y/y in December, accelerating from 3.0% in November. 

Gold prices rose in European trade on Tuesday and approached four-week highs once more as the US dollar tapers off.

It comes ahead of crucial US inflation data for December later this week, which could provide clues on the path ahead for Fed interest rates this year.

The Price

Gold prices rose 0.5% today to $2675 an ounce, with a session-low at $2662.

On Monday, gold lost 1%, the first loss in five days on profit-taking away from a four-week high at $2698.

US Dollar

The dollar index fell over 0.1% on Tuesday and expanded the losses for the second session away from a 26-month peak at 110.18 against a basket of major rivals. 

The dollar is hurt by market aversion to buying new positions ahead of the US inflation data.

US Rates

The recent US payrolls report showed the economy added more jobs than expected in December, while unemployment fell unexpectedly in another sign of the tight US labor conditions.

The report tanked the odds of a Fed 0.25% rate cut in January from 7% to just 2.5%.

Now investors await important US inflation data this week to gather more clues.

SPDR 

Gold holdings at the SPDR Gold Trust fell 2.29 tons yesterday to a total of 874.53 tons, away from a December 20 high at 876.82 tons. 

1. US Solar Fund PLC Updates on Changes in Voting Rights and Financial Instruments

US Solar Fund (GB:USF) announced a significant update regarding changes in voting rights and financial instruments held by Brookdale International Partners, L.P. and Brookdale Global Opportunity Fund. The total voting rights percentage increased to 22.21%, indicating a strategic maneuver by Weiss Asset Management LP, the investment manager of the Brookdale funds. This may affect stakeholder dynamics and market influence.

More about US Solar Fund

US Solar Fund PLC operates in the renewable energy sector, focusing on solar power projects. It is a UK-based issuer that acquires and manages solar power assets.

YTD Price Performance: -3.76%
Average Trading Volume: 851,169
Technical Sentiment: Buy
Market Cap: $125.9M

For more details on USF stock, go to TipRanks’ Stock Analysis page.

2. Resources & Energy Group Limited Announces Significant Share Changes

Resources & Energy Group Limited (AU:REZ) reported an increase in shares due to on-market trades, involving entities such as Kyriaco Barber Pty Ltd and Charalambous Super Pty Ltd. This shift could influence stakeholder interests and control structures.

More about Resources & Energy Group Limited

YTD Price Performance: 39.13%
Average Trading Volume: 1,368,932
Technical Sentiment: Sell
Market Cap: A$18.81M

See more data on REZ at TipRanks’ Stock Analysis page.

3. Taung Gold Announces Change in Hong Kong Share Registrar

Taung Gold International Limited (HK:0621) announced a change in its Hong Kong branch share registrar and transfer office, effective March 14, 2025. Responsibilities transition to Tricor Investor Services Limited, affecting where future share registration and transfer processes occur.

More about Taung Gold International Limited

YTD Price Performance: 22.22%
Average Trading Volume: 62,130,221
Technical Sentiment: Buy
Market Cap: HK$580.8M

Find details on 0621 stock at TipRanks’ Stock Analysis page.

4. MGM China Announces Change in Share Registrar and Office

MGM China Holdings (HK:2282) revealed a change in its unlisted share registrar and transfer office, along with a new registered office in the Cayman Islands, effective December 31, 2024. The new office is operated by Vistra (Cayman) Limited. Listed share registrar services in Hong Kong remain with Computershare Hong Kong Investor Services Limited.

More about MGM China Holdings

YTD Price Performance: -1.54%
Average Trading Volume: 350
Technical Sentiment: Buy
Market Cap: $4.92B

Learn more about 2282 stock on TipRanks’ Stock Analysis page.

5. SIM Technology Group Sees Revenue Fluctuations Amid Competitive Pressures

SIM Technology Group (HK:2000) noted a surge in December 2024 monthly core business revenue, mainly from delivery-time adjustments by customers. However, the unaudited annual revenue for 2024 declined 20.7% year-over-year due to increased industry competition.

More about SIM Technology Group

Operates in handset, IoT terminal, and automotive intelligent product manufacturing. Also engages in some property management.

YTD Price Performance: 91.67%
Average Trading Volume: 4,250
Technical Sentiment: Sell
Market Cap: $92.03M

Find more on 2000 stock at TipRanks’ Stock Analysis page.

6. Tai Ping Carpets Announces Board Meeting to Discuss Interim Results

Tai Ping Carpets International (HK:0146) scheduled a board meeting for February 19, 2025, in Hong Kong. The meeting will approve and publish the company’s interim results (six-month period ending December 31, 2024) and consider an interim dividend, potentially impacting shareholders positively.

More about Tai Ping Carpets International

Specializes in high-quality carpets, serving the luxury interiors market.

YTD Price Performance: -8.00%
Average Trading Volume: 114,070
Technical Sentiment: Strong Buy
Market Cap: HK$244M

See more data about 0146 at TipRanks’ Stock Analysis page.

7. Greenland Hong Kong Reports 2024 Sales Figures

Greenland Hong Kong Holdings (HK:0337) revealed unaudited 2024 operating stats: contracted sales of about RMB9,208 million and a contracted gross floor area of about 998,633 square meters. These preliminary numbers are subject to change upon final audits, so investors should interpret with caution.

More about Greenland Hong Kong Holdings

Focuses on property development and management in Hong Kong and beyond. Incorporated in the Cayman Islands.

Find analytics on 0337 stock at TipRanks’ Stock Analysis page.

8. CGN Mining Co Reports Q4 2024 Uranium Production and Trading Results

CGN Mining Co (HK:1164) posted Q4 2024 natural uranium production results with a 93.4% completion rate, mainly from its Semizbay-U and Ortalyk operations. Ortalyk faced sulfuric acid sourcing issues, yet saw annual production growth. CGN Mining maintained considerable uranium inventory and secured new contracts, showing active market involvement.

More about CGN Mining Co

Involved in uranium production and trading in Kazakhstan via joint ventures and associates.

YTD Price Performance: -10.97%
Average Trading Volume: 5,904
Technical Sentiment: Sell
Market Cap: $1.6B

Learn more about 1164 stock on TipRanks’ Stock Analysis page.

9. Ping An Insurance Reports 2024 Premium Income Growth

Ping An Insurance Company of China (HK:2318) disclosed accumulated gross premium income for 2024, highlighting strong life and health segments. Ping An Health Insurance led with a 14.9% YoY increase, while annuity insurance declined. Overall, it shows Ping An’s strong market stance but also reveals segment-specific challenges.

More about Ping An Insurance Company of China

Operates across property & casualty, life, health, and annuity insurance in China.

YTD Price Performance: 1.43%
Average Trading Volume: 22,897
Technical Sentiment: Buy
Market Cap: $110.7B

See more data about 2318 stock on TipRanks’ Stock Analysis page.

10. Great Wall Motor Forecasts Significant Profit Growth for 2024

Great Wall Motor (HK:2333) projects net profit growth of 76.60% to 85.14% for 2024, citing improved product experiences, stronger overseas sales, optimized domestic product mix, and a boost in non-operating profit via government grants. This underscores the company’s strategic development focus on high-quality and internationally geared initiatives.

More about Great Wall Motor Co

A leading Chinese automaker with a growing global footprint in product quality and market expansions.

YTD Price Performance: -1.51%
Average Trading Volume: 5,463
Technical Sentiment: Strong Sell
Market Cap: $24.79B

For details on 2333 stock, go to TipRanks’ Stock Analysis page.

11. Goldstone Capital Announces 2024 Year-End Net Asset Value

Youth Champ Financial Group Holdings Limited (HK:1160) disclosed that Goldstone Capital Group Limited’s unaudited net asset value per share was about HK$0.035 as of December 31, 2024. This figure may influence stakeholder perspectives and market sentiment regarding the company’s financial position.

More about Youth Champ Financial Group Holdings Limited

YTD Price Performance: 0%
Technical Sentiment: Buy
Market Cap: €6.25M

Learn more about 1160 stock on TipRanks’ Stock Analysis page.

12. Pengana Capital Group Appoints New Auditor

Pengana Capital Group Ltd. (AU:PCG) announced Ernst & Young (EY) as its new auditor, replacing Grant Thornton Audit Pty Ltd after a competitive tender. The change, effective January 14, 2025, follows approval at the company’s AGM, aiming to enhance auditing services and reflecting a strategic Board decision.

More about Pengana Capital Group Ltd.

Technical Sentiment: Hold
Market Cap: €41.64M

For more details on PCG stock, visit TipRanks’ Stock Analysis page.

13. BSVN Upcoming Earnings Report: What to Expect?

Bank7 Corp. (BSVN) will report Q4 earnings on 01/16/2025 (before market open). Analysts expect EPS of $1.05 on revenue of $23.51M. Last quarter, BSVN beat earnings (EPS $1.24 vs. $1.04 estimate), and the stock rose 6.69% the following day. Year-to-date, BSVN stock is down -3.71%.

About Bank7 Corp.

Bank7 Corp. is a bank holding company offering financial services across Oklahoma, Kansas, and Texas. Founded in 2004, headquartered in Oklahoma City, OK.

Check out TipRanks’ Earnings Calendar for more upcoming releases.

14. RCH Earnings this Week: How Will it Perform?

Richelieu Hardware (TSE:RCH) will report Q4 earnings on 01/16/2025. Wall Street expects EPS of C$0.41 on revenue of C$463.6M. Last quarter, it missed estimates (EPS C$0.41 vs. C$0.44), causing the stock to drop -2.06% next day. Year-to-date, RCH is down -4.43%.

About Richelieu Hardware

A Canada-based company importing, manufacturing, and distributing specialty hardware and related products, mostly serving the home furnishings and renovation sectors.

Stay updated with TipRanks’ Earnings Calendar.

15. BLN Earnings this Week: How Will it Perform?

Blackline Safety (TSE:BLN) will release Q4 earnings on 01/16/2025 (before market open). Analysts anticipate -C$0.01 EPS on C$37.78M revenue. Last quarter, it missed EPS estimates (-C$0.03 vs. -C$0.03) but rose 7.23% the next day. Year-to-date, BLN stock is down -1.63%.

About Blackline Safety

A Canada-based connected safety tech company offering G7 and Loner safety devices, software, and services across multiple regions.

Visit TipRanks’ Earnings Calendar for more info.

16. Is WABC a Buy, Before Earnings?

Westamerica Bancorp (WABC) will announce Q4 results on 01/16/2025. Analysts expect $1.18 EPS and $69.76M revenue. Last quarter, WABC beat ($1.31 vs. $1.24 estimate), and the stock rose 1.56% next day. YTD, WABC is down -3.55%.

About Westamerica Bancorp

A bank holding company offering banking services in Northern and Central California, founded in 1972 and headquartered in San Rafael, CA.

Stay informed with TipRanks’ Earnings Calendar.

17. UNH Upcoming Earnings Report: What to Expect?

Unitedhealth Group Inc. (UNH) is set to post Q4 earnings on 01/16/2025 (before market open). Analysts forecast $6.73 EPS on $101.59B revenue. Last quarter, UNH beat ($7.15 vs. $7.01) but fell -8.11% next day. YTD, UNH rose 7.26%.

Is Unitedhealth Group Inc. Stock a Buy?
It’s rated a Strong Buy, with an average price target of $642.17 (18.67% upside). UNH shares gained 6.57% in the past six months.

About Unitedhealth Group Inc.
A diversified healthcare company offering coverage and benefits through UnitedHealthcare, plus technology-enabled health services via Optum.

Check TipRanks’ Earnings Calendar for more updates.

18. USB Earnings Report this Week: Is It a Buy, Ahead of Earnings?

U.S. Bancorp (USB) reports Q4 earnings on 01/16/2025 (before market open). Analysts expect $1.05 EPS on $7B revenue. Last quarter, USB beat ($1.03 vs. $0.99), and shares rose 4.70% next day. YTD, USB is up 1.11%.

Is U.S. Bancorp Stock a Buy?
Consensus is Moderate Buy, average price target $56.56 (16.88% upside). USB shares gained ~17.44% in six months.

About U.S. Bancorp
A Minnesota-based financial services holding company offering various banking and investment services across the United States.

Track more at TipRanks’ Earnings Calendar.

19. TSM Upcoming Earnings Report: What to Expect?

Taiwan Semiconductor Manufacturing (TSM) will release Q4 earnings on 01/16/2025. Analysts project $2.20 EPS on $26.25B revenue. Last quarter, TSM beat ($1.95 vs. $1.79), the stock climbed 9.79% next day. YTD, TSM is down -0.11%.

Is Taiwan Semiconductor Manufacturing Stock a Buy?
It’s a Strong Buy, average price target $237.17 (17.78% upside). TSM rose ~8.06% in six months.

About Taiwan Semiconductor Manufacturing
A leading contract semiconductor manufacturer producing chips for markets like HPC, automotive, IoT, and more.

Visit TipRanks’ Earnings Calendar for additional updates.

20. Is SASR a Buy, Before Earnings?

Sandy Spring (SASR) reports Q4 earnings on 01/16/2025. Analysts expect $0.48 EPS on $104.05M revenue. Last quarter, it missed ($0.36 vs. $0.46), dropping -2.54% next day. YTD, SASR is down -3.36%.

About Sandy Spring
A bank holding company providing commercial, retail banking, and trust services, primarily in Northern/Central Maryland, D.C., and Northern Virginia. Founded in 1868, headquartered in Olney, MD.

Stay informed with TipRanks’ Earnings Calendar.

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