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美股掘金 | 比特币突破7万美元大关!MicroStrategy、Coinbase齐创52周新高;连升五日!前进保险续创新高

US Stock Nuggets | Bitcoin breaks the $70,000 mark! MicroStrategy and Coinbase hit 52-week highs; five consecutive days of gains! Advance Insurance continues to reach new highs

Futu News ·  Mar 11 17:57

Editor's note:“US Stock Nuggets”Keep up with market trends on a daily basis, gain insight into and sort out popular changes and individual stocks with outstanding gains, provide Niuyou with multi-dimensional investment opportunity references, and help Niuyou seize investment opportunities!

Key focus

1. 10 years 10 times! Financial insurance giant$Progressive (PGR.US)$After five days of continuous rise, the stock price continued to reach a new all-time high, with a cumulative increase of 25% this year.

Damo recently upgraded the rating of Advance Insurance from “hold” to “buy” and raised the target price from $158 to $227.

2. Bitcoin broke the $70,000 mark for the first time, a digital currency concept stock$MicroStrategy (MSTR.US)$,$Coinbase (COIN.US)$It rose 9.66% and 5.77% respectively on Friday, and the stock price hit a 52-week high.

Last week, the Bitcoin price hit the integer mark of 70,000 US dollars for the first time in history, and Bitcoin's gains continued unabated on Monday, reaching the 71,000 US dollar mark and setting a new record high. Furthermore, hedge fund giant Bill Ackman recently changed his voice to say that he is considering buying Bitcoin and also predicts that there is no upper limit on the price of Bitcoin. Previously, he criticized Bitcoin for “having no intrinsic value.”

3.$Tencent Music (TME.US)$It rose nearly 2% last Friday. Since the 2022 low, the stock price has accumulated a cumulative increase of nearly 240%. The Q4 earnings report will be announced before the market on March 19, EST.

Yamato expects Tencent Music's fourth quarter revenue to fall 10% year on year to 6.7 billion yuan, but it increased 2% quarterly. Music subscription and advertising revenue increased, offsetting the impact of the continued decline in streaming revenue. Subscription revenue is expected to rise 42% year over year to 3.3 billion yuan, while social entertainment revenue is expected to drop 52% year over year to 1.9 billion yuan. Considering the continued increase in subscription revenue, the Group's gross margin is expected to increase to 35.9% year on year, and adjusted net profit will increase 1% year over year to 1.5 billion yuan.

4. The performance is impressive! IoT company$Samsara (IOT.US)$Last Friday surged nearly 14%, and Q4 revenue increased 48% year over year.

Samsara Q4's revenue was US$276 million, up 48% year over year, and the market generally expected US$258 million; adjusted earnings per share were US$0.04, with a loss of US$0.02 per share for the same period last year.

1. Innovative high-ranking US stock giants

II. Individual US stocks that have reached new heights

3. List of the rise and fall rates of popular US stocks

editor/tolk

The translation is provided by third-party software.


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