Today is Tuesday, December 23, 2025.
The Early Bird Index today is 84.87.
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Bitcoin’s New Support Level
The price of Bitcoin $BTC ( ▼ 0.65% ) fell about 1% on Monday, a reminder that while the most popular cryptocurrency is still below its recent highs, it has found a new level of support.
Definition: A support level in trading is a price point or zone where an asset's downward trend pauses because buyer demand overwhelms selling supply, acting like a “floor” that's hard for the price to drop below.
Background: Bitcoin reached an all-time high price of about $124,000 in early October, but then dropped about 32% to $84,000 in late November. The price later ticked up to about $90,000 for a few days, but it hasn’t dropped below that $84,000 level since.
Early Bird’s Nest Egg Gains: Bitcoin’s support down around $84,000 is generally a good sign for now because buyers keep stepping in there, but it can become bad if those levels break convincingly.
Final Thoughts: Bitcoin is negative for 2025, with a drop of about 5%.
3 Tricks Billionaires Use to Help Protect Wealth Through Shaky Markets
“If I hear bad news about the stock market one more time, I’m gonna be sick.”
We get it. Investors are rattled, costs keep rising, and the world keeps getting weirder.
So, who’s better at handling their money than the uber-rich?
Have 3 long-term investing tips UBS (Swiss bank) shared for shaky times:
Hold extra cash for expenses and buying cheap if markets fall.
Diversify outside stocks (Gold, real estate, etc.).
Hold a slice of wealth in alternatives that tend not to move with equities.
The catch? Most alternatives aren’t open to everyday investors
That’s why Masterworks exists: 70,000+ members invest in shares of something that’s appreciated more overall than the S&P 500 over 30 years without moving in lockstep with it.*
Contemporary and post war art by legends like Banksy, Basquiat, and more.
Sounds crazy, but it’s real. One way to help reclaim control this week:
*Past performance is not indicative of future returns. Investing involves risk. Reg A disclosures: masterworks.com/cd
Notables
Notable Earnings Today: Limoneira (Nasdaq: LMNR), Good Times Restaurants (Nasdaq: GTIM).
Notable IPOs Today: Black Spade Acquisition III Co (NYSE: BIII), QuantumScape Corporation Class A Common Stock (Nasdaq: QS), Social Commerce Partners Corporation Unit (Nasdaq: SCPQU), Silicon Valley Acquisition Corp. Units (Nasdaq: SVAQU), Newbridge Acquisition Limited Unit (Nasdaq: NBRGU).
Notable Equity Crowdfunding Campaigns Ending Today: Mosby’s Popcorn (Honeycomb), Maison Rouge (Honeycomb), Waffles INCaffeinated (Honeycomb), Alfie’s #2 (Honeycomb), Alchemy of the Spirit (Honeycomb), Blú Jamaican Blue Mountain Coffee (Honeycomb), K9 Kuisine (Honeycomb), iCode Las Vegas (Honeycomb).
Notable Economic Events Today: GDP (8:30 a.m. ET), Durable Goods Orders / Core Durable Goods Orders (8:30 a.m. ET), Building Permits (8:30 a.m. ET), Housing Starts (8:30 a.m. ET), Industrial Production (9:15 a.m. ET), CB Consumer Confidence (10:00 a.m. ET), New Home Sales (3:00 p.m. ET), API Weekly Crude Oil Stock (4:30 p.m. ET).
Novo Nordisk's FDA Approval
Pharmaceutical company Novo Nordisk $NVO ( ▲ 0.02% ) jumped 9.48% in after-hours trading on Monday after winning FDA approval for the oral pill version of its weight loss drug, Wegovy.
Details: This marks the first oral GLP-1 medicine for obesity in the United States. Novo Nordisk said it already has a robust supply of the pill, which will be available in early January for $149 per month.
Final Thoughts: It’s a potential comeback for Novo Nordisk. The stock was down 45% this year.
ZIM Weighs Takeover Offers
ZIM Integrated Shipping Services $ZIM ( ▲ 6.69% ) surged 11.67% in after-hours trading on Monday after announcing that its board was strategically evaluating takeover offers.
Details: The board confirmed that it received “competitive proposals from multiple strategic parties” to acquire the company. There is no guarantee that any deal will occur.
One takeover offer was from an entity owned by the company’s CEO, which the board has rejected.
Final Thoughts: Shares of ZIM were down over 14% this year.
Trends to Watch
Looking It Over: WBD Advises Shareholders Not To Take Any Action As It Reviews Paramount’s Amended Takeover Offer (Deadline)
Energetic Deal: Alphabet to acquire data center and energy infrastructure company Intersect (CNBC)
Golden Moment: Gold Sets 50th Daily Record This Year on Rate-Cut Bets and Risk (Bloomberg)
Insta-Criticism: Instacart to halt 'price tests' amid scrutiny of its AI tool for retailers (NBC News)
Learning From the Best: How to put some of Warren Buffett’s best money and life advice to work for you (CNN)
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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.
