Amazon.com, Inc (NASDAQ: AMZN) popped more than 1% on Monday, in tandem with the S&P 500, which was bouncing by about the same amount.
The stock has been steadily declining since Feb. 3, after rejecting the 200-day simple moving average (SMA).
Cathie Wood’s Ark Invest has recently been increasing bets on its portfolio stocks when they sell off, with the "buying the dip" approach reflecting its confidence in these stocks.
Bitcoin (CRYPTO: BTC) fell almost 6% lower Friday morning in tandem with the general market after the Bureau of Economic Analysis reported a 5.4% increase in the personal consumption expenditures (PCE)
Block, Inc (NYSE: SQ) was trading slightly lower Thursday as the company heads into its fourth-quarter earnings print after the close.
When Block printed a third-quarter earnings beat on Nov. 3, the stock surged 11.5% higher the following day.
Shiba Inu (CRYPTO: SHIB) enjoyed some early session volatility that caused the crypto bounce almost 4% before falling to near flat as investors mulled GDP and jobs data.