MRKT MATRIX: December 5, 2024

Today’s Top Stories:

• Stocks are little changed heading into key U.S. jobs report (CNBC)

• Bitcoin Soars Past $100,000 on Trump’s Pro-Crypto Pick for SEC (Bloomberg)

• Bitcoin to replace gold over next decade, says Bernstein (CNBC)

• Bitcoin will double to $200,000 by the end of 2025, says Standard Chartered (CNBC)

• Is it time to short the dollar? UBS and others think so (CNBC)

• OPEC+ Delays Revival of Its Oil Production by Three Months (Bloomberg)

• $8 Billion for Intel Won’t Fix America’s Chip Problem (Bloomberg)

• Morgan Stanley upgrades Hewlett Packard Enterprises, sees stock surging nearly 30% (CNBC)

Today’s MRKT Call is Presented by CME Group

Bitcoin Hits $100k... Where The Chart Says It Could Go Next

Sign up below to receive daily MRKT Call reminders and early access to the charts featured in the show.

Today’s On The Tape is Presented by CME Group, iConnections and SoFi

Michael Saylor on Bitcoin to $13 Million & MicroStrategy’s Monster Run

Guy Adami and Dan Nathan are joined by Michael Saylor, the Executive Chairman of MicroStrategy. They discuss the transformative potential of Bitcoin, Saylor's strategic vision for MicroStrategy, and the role of AI in financial markets. Michael Saylor shares his insights on investment strategies, risk management, and the future of digital currency, offering a comprehensive overview of his approach to leveraging Bitcoin as a key asset. The conversation also touches on MicroStrategy's aggressive growth through strategic investments and fundraising, the impact of AI on investment opportunities, and the broader implications of adopting Bitcoin as a global financial standard.

Subscribe to the RiskReversal YouTube Channel and drop a comment/like to show your support

Want to check out past podcast episodes? Go to wherever you get your podcasts and type in “RiskReversal Media”

We want to hear your feedback! Reply to this email with any comments or questions