#stock-rally

#stock-rally

NVIDIA surged today despite terrible market breadth. Consumer Staples were down 2.36%, Real Estate was down 2.73%, Financials were down 1.7%, and Healthcare was down 1.01%. Even amongst technology stocks, it wasn't smooth sailing. Software stocks got hammered. In after hours trading tonight, shares of Meta Platforms (Nasdaq: META) are down 7% while shares of Microsoft (Nasdaq: MSFT) are down 4%.

Shares of crypto miners rallied on Friday, with Bitfarms, Cipher Mining and Hut 8 extending gains after trading company Jane Street disclosed sizable positions in all three Bitcoin mining companies. Filings submitted to the US Securities and Exchange Commission on Thursday show that Jane Street's trading affiliates own roughly 5.4% of Bitfarms, 5% of Cipher Mining and 5% of Hut 8, representing passive trading positions rather than activist holdings.