Stocks and Crypto Rebound as Uber and Robinhood Rally
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Stocks rebounded on Wednesday following Tuesday's inflation data-driven sell-off. Bitcoin topped $51k to regain a $1T market cap.
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Uber shares surged over 10% after announcing a $7B share buyback program, its first ever.
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Bitcoin mining and crypto stocks rallied 10-12% as Bitcoin price broke $51k.
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Nvidia stock rose over 2.5%, pushing its market cap past Alphabet's to become 3rd largest U.S. company.
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Robinhood shares jumped 14% after surprisingly swinging to a Q4 profit amid increased trading activity.