Bitcoin, Macy's, Apple, Ocado trending.

Digital currency This week, mainstream cryptocurrencies kept on rallying as investors poured money back into the market. Bitcoin, for example, rose more than 5% in the last day alone.

Market optimism around the impending halving event and the US approval of a spot bitcoin ETF earlier this year are said to be the culprits behind the increase. Halving motivates miners to maximize energy efficiency and boost hash power. Its purpose is to optimize the network in the long run.

At current prices, Bitcoin is approaching the all-time highs witnessed during the bull run of 2022, which was about $65,100 (£51,348). Coinglass data shows that memecoins such as Shiba Inu (SHIB-USD) and Dogecoin (DOGE-USD) are also seeing price increases, with short bets increasing against their further rise.

The entire sector for cryptocurrencies has increased by about 4% in the last 24 hours, according to data from CoinMarketCap.

Mrs. Macy's As the department store chain Macy's is embroiled in a takeover war, premarket trading on Monday was approximately 15.5% higher. A possible acquisition between Arkhouse Management and Brigade Capital Management has been raised to $6.6 billion, according to the most recent news.

The two parties raised their offer from $21 per share, which the retail group had previously rejected, to $24 per remaining share, which they disclosed on Sunday. The earlier effort, which was proposed and rejected in January, would have been worth $5.7 billion.

Goldman Sachs removed Apple (AAPL) from its "top buys" list due to what it deemed "underperformance," and the stock price continued to fall in premarket trading on Monday.

Its major items are not selling well, which is causing increasing concern. It is behind many of its competitors in the so-called "magnificent seven" industries. Goldman is keeping an eye on Apple's sluggish iPhone sales and the ongoing economic challenges in China, which are a major factor in its growth. On Monday, stock prices were expected to start the day 0.8% reduced.

Online grocery store Ocado (OCDO.L) On Monday, before lunch, investors were still processing Ocado Group's most recent results announcement, which caused the stock to trade 5.3% down.

This drop follows the online grocery store's announcement of reduced net losses of £314 million, a 31% decrease over the entire year in 2022. There was a 12% increase from the full-year in 2022 to the reported revenue of £2.8 billion.

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