Ultime notizie per Urgently (NASDAQ:ULY) Azioni

Urgently

Urgently Inc is a connected mobility assistance software platform, matching vehicle owners and operators with service professionals who deliver traditional roadside assistance, proactive maintenance and repair services. The traditional experience of a vehicle breakdown is often stressful and inconvenient, compounded by processes that lack transparency and lead to long wait times. Urgently offers an innovative alternative to this traditional experience, leveraging its digitally native software platform to match supply and demand in its network and deliver exceptional mobility assistance experiences at scale.

Urgently Inc

Royal Caribbean Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCL#NYSE">RCL</a>) has outperformed the market over the past 5 years by 10.68% on an annualized basis producing an average annual return of 24.95%. Currently, Royal Caribbean Gr has a market capitalization of $64.09 billion. 
Buying $1000 In RCL: If an investor had bought $1000 of RCL stock 5 years ago, it would be worth $2,956.31 today based on a price of $238.15 for RCL at the time of writing.
<h3>Royal Caribbean Gr's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1740699021_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

News

Trading Ideas

Here's How Much You Would Have Made Owning Royal Caribbean Gr Stock In The Last 5 Years

When it comes to <a href="https://www.benzinga.com/news/25/02/43759368/silicon-valley-millionaire-asks-dave-ramsey-if-he-should-buy-a-250000-lamborghini-heres-what-car-nut-ramsey-always-asks-himself">big purchases</a> like a new car, even high earners can wrestle with whether they are spending too much. That was the case for Landon, a 27-year-old caller to &#8220;The Ramsey Show,&#8221; who recently bought a 2018 Mercedes S-Class for $35,000. Despite having a household income of $250,000 and a net worth of $750,000, Landon couldn't shake the feeling that he had made a mistake.
<h2 class="wp-block-heading">Does Spending $35K on a Car Make Financial Sense?</h2>
Landon and his wife are in a strong financial position. They are in what Dave Ramsey refers to as &#8220;Baby Step 7,&#8221; meaning they have no debt, a <a href="https://www.benzinga.com/real-estate/25/02/43789996/dave-ramsey-says-a-paid-off-mortgage-is-the-new-status-symbol-not-a-bmw-do-you-agree">paid-off home</a>, and are focused on building wealth and giving generously. Despite that, Landon felt uneasy about sinking money into something that depreciates in value.
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<li><a href="https://www.benzinga.com/money/are-you-rich">Are you rich?</a> Here&#8217;s what Americans think you need to be considered wealthy.</li>
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Ramsey show co-hosts <a href="https://www.benzinga.com/personal-finance/24/11/41824000/are-you-broke-average-or-wealthy-dave-ramsey-host-breaks-down-the-financial-behaviors-that-defin">George Kamel</a> and Ken Coleman reassured Landon that his purchase was well within reasonable spending limits. A common rule of thumb on &#8220;The Ramsey Show&#8221; is that the total value of a household's vehicles should not exceed half of their annual income. With $45,000 total tied up in vehicles and an income of $250,000, Landon is well under that threshold.
"Dave would have said, &#8216;You should have bought a nicer car!&#8217;' Kamel remarked. "You&#8217;re not doing anything wrong."&nbsp;
<h2 class="wp-block-heading">The Emotional Side of Money</h2>
While Landon's concern appeared to be financial, Coleman and Kamel dug deeper and suggested that his discomfort stemmed from an emotional struggle rather than a financial misstep. They pointed out that he had spent years being financially aggressive—paying off his home and saving diligently—which made it difficult for him to shift into a mindset where he could enjoy some of his wealth.
Trending: <a href="https://www.benzinga.com/money/mark-cubans-advice-for-lotto-winners">Many are surprised by Mark Cuban's advice for lotto winners: Cash or annuity?</a>
Coleman identified shame as a possible factor, explaining that some people feel guilty about spending money, even when they have more than enough. Landon admitted that his financial discipline made it hard for him to relax when making large purchases.
<h2 class="wp-block-heading">A Balanced Approach to Money</h2>
<a href="https://www.benzinga.com/personal-finance/25/02/43768530/should-married-couples-split-expenses-dave-ramsey-says-no-youre-married-not-roommates">Ramsey</a> often emphasizes that financial success is about more than just saving—it's about balancing saving, spending, and giving. Kamel explained that if someone only saves and never spends, they can end up depriving themselves unnecessarily.
Ultimately, the hosts reassured Landon that he wasn't making an irresponsible decision. Kamel reminded him that as his investments continue to grow, his home will naturally make up a smaller percentage of his net worth over time. "You got another 30 to 40 years of working for ya and investing to build wealth," he said. "And so, in the meantime, you have to do something called enjoying life."
See Also: Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die."<a href="https://www.benzinga.com/money/warren-buffet-make-money-when-you-sleep"> Here&#8217;s how you can earn passive income with just $100.</a>
<h2 class="wp-block-heading">How Much Should You Spend On A Car Given Your Income?</h2>
If you're in a similar position—earning well, debt-free, and hesitant about spending—it's worth considering a few key points:
<ul>
<li>Do the math: Ramsey's team advises that all vehicles in your household don't exceed half of your annual income.</li>
<li>Check your emotions: If guilt or fear is driving your hesitation, ask yourself whether your concerns are based on real financial risks or ingrained habits.</li>
<li>Find balance: A strong financial plan includes saving, spending, and giving in reasonable proportions.</li>
</ul>
For Landon, the verdict was clear: spending $35,000 on a car wasn't reckless—it was simply an adjustment to a new financial phase. And while the car will depreciate, the financial wisdom he's gained will last far longer
Read Next:
<ul>
<li>The average 401(k) balance soars to a record-breaking high – <a href="https://www.benzinga.com/money/average-401k-balances-soars-to-record-high">Here's how to know if your nest egg is keeping pace.</a></li>
<li>Many are using retirement income calculators to check if they&#8217;re on pace —<a href="https://www.benzinga.com/money/how-do-i-calculate-my-retirement-income-adv"> here&#8217;s a breakdown on what&#8217;s behind this formula.</a></li>
</ul>

Household Income Is $250,000, Is $35,000 Too Much To Spend On A New Car? The Ramsey Show Weighs In

Ellington Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EFC#NYSE">EFC</a>) reported quarterly earnings of $0.45 per share which beat the analyst consensus estimate of $0.38 by 18.42 percent. This is a 66.67 percent increase over earnings of $0.27 per share from the same period last year. The company reported quarterly sales of $38.13 million which missed the analyst consensus estimate of $41.36 million by 7.81 percent. This is a 20.76 percent increase over sales of $31.58 million the same period last year.

Earnings

Earnings Beats

Earnings Misses

Ellington Financial Q4 Adj Distributable Earnings per share $0.45 Beats $0.38 Estimate, Total net interest income $38.13M Miss $41.36M Estimate

A petition in Canada has more than 300,000 signatures and wants to revoke Elon Musk's Canadian citizenship, which he obtained in 1989 when he moved<a href="https://www.benzinga.com/general/education/24/06/39547388/happy-birthday-elon-musk-53-facts-and-figures-about-tesla-spacex-ceo-on-his-53rd-birthday"> to the country.</a>
What Happened: Musk's <a href="https://www.benzinga.com/25/02/43995014/elon-musks-influence-over-the-government-set-to-increase-trump-orders-all-federal-agencies-to-appoint-a-doge-commissar">close relationship with</a> President Donald Trump has rubbed some Canadian citizens the wrong way and residents of America's neighbor are calling for Musk's citizenship to be removed.
A <a href="https://www.ourcommons.ca/petitions/en/Petition/Details?Petition=e-5353">petition </a>to the Canadian Prime Minister says Musk has used his wealth and power to influence elections.
"Elon Musk has engaged in activities that go against the national interest of Canada," the petition says.
The petition also says Musk is part of a foreign government trying to "erase Canadian sovereignty," a reference to Trump calling for Canada to become the 51st state of the U.S.
The petition, which began on Feb. 20 and will close for signatures on June 20, has 331,162 signatures as of the time of writing. This total represents around 0.8% of the Canadian population (39,996,554) if the signatures are legitimate.
"We, the undersigned, citizens of Canada, call upon the Prime Minister to revoke Elon Musk's dual citizenship status, and revoke his Canadian passport effective immediately."
Only Canadian citizens and residents of the country can submit petitions. Among provinces, Ontario leads the way with 127,009 signatures followed by British Colombia (68,269) and Quebec (52,761).
The petition was filed by author Qualia Reed from British Colombia. The petition is also supported by Democrat MP Charlie Angus.
Are you buying when the CEOs of the Magnificent 7 are selling?
<ul>
<li>Stay in the know with our Insider Trades page — <a href="https://www.benzinga.com/sec/insider-trades/">see when leaders like Mark Zuckerberg, Elon Musk, and Jensen Huang are offloading their own shares.</a></li>
</ul>
Why It's Important: Electronic petitions have to have at least 500 signatures to make their way to the House of Commons, which could lead to a formal government response. With over 300,000 signatures, the petition qualifies for the next step after the June 20 closing date as long as the validity of the signatures can be proven.
Musk was born in South Africa before moving to Canada. His mother Maye Musk was born in Saskatchewan. Musk moved to the U.S. later and received citizenship in America in 2002.
A CNN <a href="https://www.cnn.com/2025/02/25/americas/canada-petition-musk-citizenship-intl-latam/index.html">report </a>questions if the petition can actually lead to Musk's citizenship being revoked.
"Canada does not revoke citizenship that is lawfully obtained," a source told CNN.
While Musk may not have his Canadian citizenship removed, the attention the petition has brought could have a negative impact on Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) in the country.
Musk <a href="https://x.com/essenviews/status/1894270080206135705">replied </a>to someone who posted about the petition with "Canada is not a real country." Musk later deleted the <a href="https://x.com/elonmusk/status/1894207733693649193">post</a>.
Parts of Canada have threatened to place tariffs on Tesla vehicles to retaliate against Trump's tariffs on the country. With Musk a close ally of Trump, Tesla could find itself in a trade war between the U.S. and Canada and see the price of Tesla vehicles rise substantially for Canadian residents, potentially hurting market share in the region.
Musk's recent political activity has led to <a href="https://www.benzinga.com/news/global/25/01/43172806/tesla-lost-15-billion-in-brand-value-in-2024-report-says-did-elon-musks-political-push-hurt-ev-giant">lower brand value rankings</a> for Tesla and <a href="https://www.benzinga.com/trading-ideas/25/02/43447273/tesla-sales-drop-12-in-california-is-elon-musks-support-for-donald-trump-hurting-ev-sales">lower sales in California</a> and several countries to start the 2025 year.
Read Next: 
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<li><a href="https://www.benzinga.com/politics/25/02/43880789/elon-musk-approval-rating-hits-41-voters-not-impressed-with-doge-work-and-calls-to-eliminate-departments">Elon Musk Approval Rating Hits 41%: Voters Not Impressed With DOGE Work And Calls To Eliminate Departments</a></li>
</ul>
Photos: Shutterstock

Entertainment

Global

TSLA

Elon Musk Out As Canadian Citizen? Nearly 1% Of Country's Population Signs Petition To Revoke Citizenship

Goldman Sachs BDC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GSBD#NYSE">GSBD</a>) reported quarterly earnings of $0.47 per share which missed the analyst consensus estimate of $0.50 by 6 percent. This is a 14.55 percent decrease over earnings of $0.55 per share from the same period last year. The company reported quarterly sales of $103.80 million which missed the analyst consensus estimate of $104.19 million by 0.38 percent. This is a 10.05 percent decrease over sales of $115.40 million the same period last year.

GSBD

Goldman Sachs BDC Q4 Adj net investment income per share $0.47 Misses $0.50 Estimate, Total investment income $103.80M Miss $104.19M Estimate

Betterware de Mexico SAPI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BWMX#NASDAQ">BWMX</a>) reported quarterly earnings of $0.58 per share which missed the analyst consensus estimate of $11.13 by 94.76 percent. This is a 5.97 percent decrease over earnings of $0.62 per share from the same period last year. The company reported quarterly sales of $188.29 million which missed the analyst consensus estimate of $3.62 billion by 94.80 percent. This is a 2.91 percent decrease over sales of $193.94 million the same period last year.

BWMX

Betterware de Mexico SAPI Q4 Adj $0.58 Misses $11.13 Estimate, Sales $188.29M Miss $3.62B Estimate

Tutor Perini (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPC#NYSE">TPC</a>) is looking for FY2025 GAAP EPS of $1.50-$1.90 vs $1.71 analyst estimate..

Guidance

Tutor Perini Sees FY2025 GAAP EPS $1.50-$1.90 vs $1.71 Est

Dell Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) has outperformed the market over the past 5 years by 24.26% on an annualized basis producing an average annual return of 38.53%. Currently, Dell Technologies has a market capitalization of $73.08 billion. 
Buying $100 In DELL: If an investor had bought $100 of DELL stock 5 years ago, it would be worth $502.85 today based on a price of $104.74 for DELL at the time of writing.
<h3>Dell Technologies's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1740698134_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

DELL

Here's How Much $100 Invested In Dell Technologies 5 Years Ago Would Be Worth Today

Tutor Perini (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPC#NYSE">TPC</a>) reported quarterly losses of $(1.51) per share which missed the analyst consensus estimate of $0.16 by 1043.75 percent. This is a 65.93 percent decrease over losses of $(0.91) per share from the same period last year. The company reported quarterly sales of $1.07 billion which missed the analyst consensus estimate of $1.08 billion by 1.36 percent. This is a 4.51 percent increase over sales of $1.02 billion the same period last year.

Tutor Perini Q4 EPS $(1.51) Misses $0.16 Estimate, Sales $1.07B Miss $1.08B Estimate

The companies have committed to investing more than $100 million each over the next five years, with both sides focusing on their complementary strengths to develop superconducting quantum computing technologies.&nbsp;

RGTI

Taiwan's Quanta Computer Plans To Invest $35M And Purchase Shares Of Rigetti, Subject To Regulatory Clearance

Revenue for FY 2025 14.9B to 15.3B vs 14.859B Estimate

Revenue for FY 2025 14.9B to 15.3B vs 14.859B Estimate

Rigetti Enters Strategic Collaboration Agreement With Quanta Computer To Accelerate Development And Commercialization Of Superconducting Quantum Computing

Offerings

Ameren Prices Public Offering Of $750M Of 5.375% Senior Notes Due 2035 At 99.822% Of Their Principal Amount

Telecom Argentina Stet - France Telecom S.A.

Telecom Argentina FY24 Consolidated Revenues Decline 7.7% In Constant Currency

The dividend will be paid on March 27, 2025 to stockholders of record as of March 13, 2025.

Dividends

AFBI

Affinity Bancshares Declares Payment Of Special Cash Dividend  Of $1.50 Per Share

Array Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARRY#NASDAQ">ARRY</a>) reported its fourth-quarter results after Thursday's closing bell. Here's a look at the <a href="https://www.benzinga.com/pressreleases/25/02/g44024700/array-technologies-inc-reports-financial-results-for-the-fourth-quarter-and-full-year-2024">details from the quarter. </a>
The Details: Array Technologies reported quarterly earnings of 16 cents per share, which missed the analyst consensus estimate of 17 cents. Quarterly revenue came in at $275.23 million which beat the analyst consensus estimate of $268.47 million and is a decrease from revenue of $341.62 million from the same period last year.
Read Next: <a href="https://www.benzinga.com/news/econ-s/25/02/44007082/q4-gdp-holds-at-2-3-after-minor-revision-in-second-estimate">Q4 GDP Holds At 2.3% After Minor Revision In Second Estimate&nbsp;</a>
&#8220;ARRAY delivered strong fourth quarter and full year 2024 results, we exceeded the mid-point of our fourth quarter revenue guidance and achieved record gross margin on the full year. Our ongoing focus on operational execution continues to translate into robust profitability and healthy cash flow. We finished 2024 with an orderbook of $2 billion, representing 10% year-on-year growth,&#8221; said CEO Kevin G. Hostetler.
Outlook:&nbsp;Array Technologies sees first-quarter&nbsp;sales of&nbsp;$260 million to $270 million, versus the $218.65 million&nbsp;analyst estimate. The company sees fiscal 2025 adjusted earnings of&nbsp;60 cents to 70&nbsp;cents per share, versus the 79 cent estimate and sales of&nbsp;$1.05 billion to $1.15 billion, versus the&nbsp;$1.13 billion estimate.
ARRY Price Action: According to data from <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Array Technologies shares were down 12.21% after hours at $5.75 on Thursday.  
Read Next:
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<li><a href="https://www.benzinga.com/general/market-summary/25/02/44015237/pending-home-sales-crash-to-record-low-jobless-claims-soar-wall-street-reacts">Pending Home Sales Crash To Record Low, Jobless Claims Soar: Wall Street Reacts</a></li>
</ul>
Image: Shutterstock&nbsp;

After-Hours Center

Movers

Tech

ARRY

Array Technologies Stock Drops After Mixed Q4 Results, Weak Forward Guidance

Accel Entertainment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACEL#NYSE">ACEL</a>) reported quarterly earnings of $0.21 per share which met the analyst consensus estimate. This is a 16 percent decrease over earnings of $0.25 per share from the same period last year. The company reported quarterly sales of $317.51 million which beat the analyst consensus estimate of $306.07 million by 3.74 percent. This is a 6.88 percent increase over sales of $297.07 million the same period last year.

ACEL

Accel Entertainment Adj EPS $0.21 versus estimates

Bloom Energy Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BE#NYSE">BE</a>) shares are trading higher in Thursday&#8217;s after-hours session after the company reported better-than-expected financial results <a href="https://www.benzinga.com/pressreleases/25/02/b44024692/bloom-energy-reports-fourth-quarter-and-full-year-2024-financial-results-with-record-full-year-rev">for the fourth quarter</a>.
What Happened: Bloom Energy reported fourth-quarter revenue of $572.39 million, beating analyst estimates of $508.28 million, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>. The company reported fourth-quarter adjusted earnings of 43 cents per share, beating analyst estimates of 30 cents per share. 
Total revenue was up 60.4% year-over-year, driven by product and service revenue growth of 67.2% year-over-year. Bloom Energy said it generated $484.2 million in cash flow from operations during the quarter. The company ended the quarter with $802.85 million in cash and cash equivalents. 
&#8220;We are the solution of choice for powering AI, whether that&#8217;s large data centers that need reliable power now, or businesses that are going to use AI for productivity gains. Our proven solution is ready to be deployed at GW scale starting this year,&#8221; said KR Sridhar, founder, chairman and CEO of Bloom Energy.
See Also: <a href="https://www.benzinga.com/news/earnings/25/02/44027601/hp-shares-sink-after-q1-report-weak-forward-guidance">HP Shares Sink After Q1 Report, Weak Forward Guidance</a>
What&#8217;s Next: Bloom Energy expects full-year 2025 revenue to be in the range of $1.65 billion to $1.85 billion versus estimates of $1.67 billion.
Management is currently discussing the quarter on a conference call that got started at 5 p.m. ET.
BE Price Action: <a href="http://benzinga.com/quote/be">Bloom Energy shares</a> were up 19,24% after hours, trading at $25.40 at the time of publication Thursday, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Photo: Courtesy of Bloom Energy.

Bloom Energy Stock Is Surging: What's Going On?

AZO UP 1.4% ON DAY WHEN S &amp; P 500 WAS DOWN 1.6%
<figure class="wp-block-image size-large"><img decoding="async" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/02/27212749/Screenshot-2025-02-27-at-4.24.00%E2%80%AFPM-1008x1024.png" alt="" class="wp-image-6845" /></figure>
Autozone, Inc. (AZO) today experienced a Power Inflow, a significant event for those who follow where smart money goes and value order flow analytics in their trading decisions. 
Today, at 11:04 AM on February 27th, a significant trading signal occurred for Autozone, Inc. (AZO) as it demonstrated a Power Inflow at a price of $3412.10. This indicator is crucial for traders who want to know directionally where institutions and so-called "smart money" moves in the market. They see the value of utilizing order flow analytics to guide their trading decisions. The Power Inflow points to a possible uptrend in AutoZone&#8217;s stock, marking a potential entry point for traders looking to capitalize on the expected upward movement. Traders with this signal closely watch for sustained momentum in AutoZone&#8217;s stock price, interpreting this event as a bullish sign.
Signal description
Order flow analytics, aka transaction or market flow analysis, separate and study both the retail and institutional volume rate of orders (flow). It involves analyzing the flow of buy and sell orders, along with size, timing, and other associated characteristics and patterns, to gain insights and make more informed trading decisions. This particular indicator is interpreted as a bullish signal by active traders.&nbsp;
The Power Inflow occurs within the first two hours of the market open and generally signals the trend that helps gauge the stock&#8217;s overall direction, powered by institutional activity in the stock, for the remainder of the day.&nbsp;
By incorporating order flow analytics into their trading strategies, market participants can better interpret market conditions, identify trading opportunities, and potentially improve their trading performance. But let's not forget that while watching smart money flow can provide valuable insights, it is crucial to incorporate effective risk management strategies to protect capital and mitigate potential losses. Employing a consistent and effective risk management plan helps traders navigate the uncertainties of the market in a more controlled and calculated manner, increasing the likelihood of long-term success
If you want to stay updated on the latest options trades for AZO, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts. 
<a href="https://benzinga.com/apis?_gl=1&#x2A;1hlgn5i&#x2A;_ga&#x2A;MTY1NjE2NTYxMi4xNzE0NzQ4MTAy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDc0ODEwMi4xLjEuMTcxNDc0ODQyOC4wLjAuMA..">Market News and Data brought to you by Benzinga APIs</a> and include firms, like&nbsp; &nbsp; <a href="https://www.tradepulse.net">https://www.tradepulse.net</a>&nbsp; which are responsible for parts of the data within this article. 
&#xA9; 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
After Market Close UPDATE:
The price at the time of the Power Inflow was $3412.10. The returns on the High price ($3459.76) and Close price ($ 3444.69) after the Power Inflow were respectively 1.4% and 1.0%. That is why it is important to have a trading plan that includes Profit Targets and Stop Losses that reflect your risk appetite. 
Past Performance is Not Indicative of Future Results

Equities

Technicals

Signals

AutoZone Stock Up 1.4% After Power Inflow Signal

Many people have tried to predict the future price of Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) over the years, including Binance founder <a href="https://www.benzinga.com/topic/changpeng-zhao">Changpeng "CZ" Zhao.</a>
Zhao may have had one of the closest predictions of all time, predicting more than four years ago that the current sharp drop from six-digits to around $85,000 would be called a crash.
What Happened: Bitcoin soared to new highs after the <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41778425/bitcoins-all-time-high-a-groundbreaking-milestone-and-strong-post-election-rally-coming-ex">2024 presidential election</a>, topping the $75,000 level.
Months later in January, Bitcoin hit another all-time high of $109,114.88 on Jan. 20, near the inauguration of President Donald Trump.
Since that time, Bitcoin has<a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43987636/bitcoin-tumbles-below-85000-amid-president-trumps-eu-tariff-threats"> fallen in value</a> and is now trading under the $85,000 level.
While many reports cite the sharp crash in Bitcoin's valuation, it's likely important to remember that Bitcoin is still trading higher than levels seen four months ago before the 2024 election.
Binance founder and former CEO Zhao, best known to many as CZ, took to social media platform X to express his thoughts on the drop in Bitcoin's value in recent months.
"In this bloodbath today, I see a lot of people referring to this tweet," CZ <a href="https://x.com/cz_binance/status/1894433074022105469">said</a>, sharing a tweet he made on Dec. 17, 2020.
CZ said that he had no visibility into the future at the time, but encouraged investors to zoom out on the Bitcoin chart to see the strong gains over the past year.
The Dec. 17, 2020 tweet was:
"Waiting for the new headline: #Bitcoin ‘CRASHES' from $101,000 to $85,000. Save the tweet."
CZ's prediction has come true in recent months. Here's a look back at how much investors could have made following along with his prediction.
Read Also: <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43805500/changpeng-cz-zhao-donates-100000-to-support-libra-scam-victims-as-javier-milei-compares-investment-in-coin-to-casino-gambling">Changpeng &#8216;CZ&#8217; Zhao Donates $100,000 To Support LIBRA Scam Victims As Javier Milei Compares Investment In Coin To Casino Gambling</a>
 Investing $1,000 in Bitcoin: On Dec. 17, 2020, Bitcoin traded between $21,234.68 and $23,642.66. An investor could have purchased 0.0423 Bitcoin at the day's highest price with a $1,000 investment.
Today that $1,000 investment would be worth $3,534.43, based on a price of $83,556.33 for Bitcoin at the time of writing. This represents a hypothetical gain of 253.4% over the past four plus years.
The $1,000 investment would have been worth $4,615.56 and up 361.6% at Bitcoin's all-time high price of $109,114.88 last month.
For comparison, the same $1,000 invested in the SPDR S&amp;P 500 ETF Trust (SPY), which tracks the S&amp;P 500 Index, would have returned far less for investors.
A $1,000 investment in that ETF on Dec. 17, 2020, could have bought 2.68 SPY shares and would be worth $1,568.15 today, up 56.8%.
The comments from Zhao are a reminder that Bitcoin will not go up in a straight line and will have periods of dips. History has shown that Bitcoin has outperformed many stocks and asset types over one-year, five-year and longer periods.
Read Next: 
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42406275/changpeng-cz-zhao-says-bitcoin-will-be-viewed-as-just-money-in-the-future-believes-perception-would-shift-from-price-and-100k-milestones">Changpeng &#8216;CZ&#8217; Zhao Says Bitcoin Will Be Viewed As Just &#8216;Money&#8217; In The Future, Believes Perception Would Shift From Price And $100K Milestones</a></li>
</ul>
Photo: Koshiro K via Shutterstock

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