Amazon and Bitcoin, crypto tips, and beyond the Magnificent 7: Markets news roundup

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  • Dec 14, 2024
Amazon and Bitcoin, crypto tips, and beyond the Magnificent 7: Markets news roundup

The 7 states with the highest electric bills in America this winter

Amazon and Bitcoin, crypto tips, and beyond the Magnificent 7: Markets news roundup

As temperatures drop, your utility bill is probably rising.

Arbor , a tech company that helps people find lower electricity rates and save money on utilities, analyzed bills across the country to see where residents pay the most in the colder months.

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10 golden rules before investing in crypto

Amazon and Bitcoin, crypto tips, and beyond the Magnificent 7: Markets news roundup

Investing in cryptocurrency is still a relatively new frontier, and for many, navigating the complexities of the crypto world can feel intimidating. However, as the crypto market experiences a notable resurgence in 2024, it’s catching the attention of a broader audience—including those who were previously skeptical. This renewed interest signals a shift in how people perceive digital assets, with many now taking them more seriously as part of an investment portfolio.

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The top 10 housing markets in 2025, according to Realtor.com

Amazon and Bitcoin, crypto tips, and beyond the Magnificent 7: Markets news roundup

A more balanced housing market in 2025 could mean renewed activity, especially for buyers who have been waiting on the sidelines.

Markets could see the highest for-sale inventory since December 2019 next year, with Realtor.com ( NWSA ) estimating that nearly 20% of listings will see price cuts and home sales will grow 1.5% year over year to 4.07 million.

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Amazon should buy Bitcoin, shareholders say

Amazon and Bitcoin, crypto tips, and beyond the Magnificent 7: Markets news roundup

Shareholders of Amazon ( AMZN ) have submitted a proposal to add Bitcoin to the balance sheet. The shareholders of the e-commerce giant are urging the company to learn from MicroStrategy ( MSTR ), which heavily invested in Bitcoin, resulting in an increase in its share price.

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The 11 craziest Bitcoin stories of all time

Amazon and Bitcoin, crypto tips, and beyond the Magnificent 7: Markets news roundup

One Bitcoin is now worth about $100,000 — a monumental achievement for the cryptocurrency industry. The leading cryptocurrency reached $101,250 on the night of Wednesday, Dec. 4, and then hit an all-time high of $103,679 on Dec. 5, 2024.

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Why diversification away from Magnificent 7 stocks matters more than ever, according to a strategist

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Ann Miletti, Head of Equity at Allspring Global Investments, spoke with Quartz for the latest installment of our “Smart Investing” video series.

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Inflation rises to 2.7% ahead of the Federal Reserve’s last meeting of 2024

Amazon and Bitcoin, crypto tips, and beyond the Magnificent 7: Markets news roundup

Inflation accelerated slightly in November ahead of the Federal Reserve’s last interest rate decision of the year.

The Consumer Price Index (CPI) rose 0.3% in November, raising the annual inflation rate to 2.7%, the Bureau of Labor Statistics reported Wednesday. That was still in line with Wall Street expectations, according to estimates compiled by FactSet ( FDS ).

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Emerging markets will be the ‘dark horse’ of 2025, strategist says

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Ann Miletti, Head of Equity at Allspring Global Investments, breaks down how investors can prepare for 2025

Looking to buy a house? These are the 10 biggest U.S. mortgage lenders

Amazon and Bitcoin, crypto tips, and beyond the Magnificent 7: Markets news roundup

Getting a mortgage is one of the most important steps in buying a home. Prospective buyers have to consider rates, contract length, their odds of approval, and who will originate the loan.

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