In partnership with

Today is Monday, November 25, 2024.

The Early Bird Index today is 81.42

New to this newsletter? Sign up here

Early Bird Update: 🦅 We're taking a short break from Tuesday, November 26, to Friday, November 29. We'll be back right after that. Wishing you a wonderful Thanksgiving!

Bitcoin's $100,000 Milestone 🚀 

The price of Bitcoin reached an all-time high at $99,000 on Friday and now there’s hope that it could finally reach the elusive $100,000 milestone.

Details: Bitcoin reached an all-time high around November 22 and 23, 2024, primarily due to investor enthusiasm following the recent presidential election. President-Elect Trump made several promises to the cryptocurrency market.

• There is also positive sentiment due to the U.S. Federal Reserve cutting interest rates this fall.

Early Bird’s Nest Egg Gains: Reaching $100,000 is significant for Bitcoin. It would act as a rebuttal to skeptics who question the viability of crypto and show mainstream acceptance of Bitcoin as an investment asset.

Final Thoughts: Even if it reaches $100,000, a correction could push the price down again.

When Beyoncé Gets Paid, So Could You

JKBX (pronounced “Jukebox”) lets you invest in royalty shares tied to real revenue streams. This isn’t crypto or real estate—it’s the songs people stream, hum, and love every day.

You can potentially earn quarterly income as music royalties flow from platforms like Spotify, YouTube, and TikTok.

What’s unique? Music doesn’t crash. It just plays.

Add a New Note to Your Portfolio

Visit www.jkbx.com/legal/offering-circulars for important Reg A disclosures. This content is not investment advice, nor is it an offer of securities. All investments involve risk and may result in loss.

Notables

Notable Earnings Today: Zoom Video Communications (Nasdaq: ZM), Bath & Body Works (NYSE: BBWI), Fluence (Nasdaq: FLNC), Agilent Technologies (NYSE: A), Woodward (Nasdaq: WWD), Semtech (Nasdaq: SMTC), Leslie's (Nasdaq: LESL), Agora (Nasdaq: API), Blue Bird (Nasdaq: BLBD), BioLine RX (Nasdaq: BLRX), Central Garden (Nasdaq: CENT), Diana Shipping (NYSE: DSX), Hesai Group (Nasdaq: HSAI), PennantPark Investment (NYSE: PNNT), NJ Resources (NYSE: NJR), Super Hi International Holding (Nasdaq: HDL).

Notable IPOs Today: N/A.

Notable Equity Crowdfunding Campaigns Ending Today: Jacked Up Fitness (StartEngine), LuxyList (StartEngine), Get Maine Lobster (StartEngine).

Notable Economic Events Today: N/A.

Upcoming Earnings to Watch

It might be a shortened holiday week in the stock market, but there are still some major companies posting earnings results. Here are a few to watch out for.

Crowdsurfing: CrowdStrike (Nasdaq: CRWD) reports earnings on Tuesday. The stock has recovered since its outage over the summer. It is up 24% in the last 30 days.

Dude, You’re Getting a Dell: We’ll have earnings from Dell Technologies (NYSE: DELL) on Tuesday. The stock is negative over the last 6 months.

Fashionable: Abercrombie & Fitch (NYSE: ANF) is up 67% this year. The clothing retailer aims to continue its hot streak with earnings on Tuesday.

Final Thoughts: Tuesday should be an active day with earnings.

Cardano’s Surging November

Most crypto prices are up this month. Cardano might have one of the best Novembers among major digital coins.

Price: Cardano is up over 190% in the last 30 days. In the last few days, it is up 40%.

Powering the Story: Increased whale and institutional accumulation is pushing the price up. A whale is an individual or group that owns a lot of crypto.

Also: There is speculation about potential collaborations, particularly rumors of a partnership between Cardano and Ripple.

Final Thoughts: Before November, Cardano was having a bad year. The price was down about 50% before this month.

Trends to Watch

Retail’s Big Day: Black Friday Can’t Come Soon Enough for Retailers (Wall Street Journal)

This Line is Too Long: Can Starbucks fix long lines at its airport cafes? (CNBC)

Trading Places: Trump’s Trade Agenda Could Benefit Friends and Punish Rivals (New York Times)

Safety Recall: Hyundai, Kia recall more than 208,000 electric vehicles over power loss issue (CBS News)

Out of Power: Northvolt’s Collapse Countdown Started With BMW Pulling the Plug (Bloomberg)

Thank you for reading!

Forward to a friend and tell them to sign up here.

Pick winning stocks: Upgrade to Early Bird Prime

Be social: Like our Facebook page and follow us on Twitter.

Want more investing tips? Listen to the podcast.

Show your support: Buy Me a Coffee.

Questions or comments? Hit reply to reach out.

_{The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.}