Dow Jones Rallies As Tesla Hits Buy Point; Best Buy, Palo Alto Surge On Earnings

The Dow Jones Industrial Average rallied 50 points Tuesday, as Tesla stock trades in buy range. Best Buy and Palo Alto Networks surged on earnings. Read More...


MicroStrategy bought more than 3,900 bitcoin since July 1

MicroStrategy Inc. disclosed Tuesday that it spent about $177 million to buy 3,907 bitcoins at an average price of $45,294 per bitcoin, during the period between July 1 and Aug. 23. MicroStrategy’s stock fell 0.5% in premarket trading, as bitcoin slipped 0.3%, early Tuesday. From July 1 to Aug. 23, bitcoin had run up 47.4%, according to FactSet. After the purchase, the enterprise software company, which is seen as a bitcoin play as it has disclosed it uses bitcoin as a primary treasury reserve a

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