Robinhood’s addition to the S&P 500 resulted in a 7% stock surge. The CEO, Vlad Tenev, emphasized the focus on enhancing customer products. In contrast, MicroStrategy remains excluded despite meeting requirements, indicating market preference for diversified revenue models.
Bitcoin is priced at 112,000 USD, showing strong resilience amidst market volatility. This price level underscores Bitcoin’s stability, even as MicroStrategy’s stock has dropped by 16%. The market shows an inclination towards companies with diversified operations.
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