GME Joins MSTR in Bitcoin Purchases: Can Meme Stock Deliver More Returns?
$GameStop(GME)$ stock rose 12% after the company released its earnings report for the fourth quarter of fiscal year 2025. Despite a significant revenue drop, the company exceeded analysts' expectations for EPS and announced that the board unanimously approved an updated investment policy, incorporating Bitcoin as a treasury reserve asset.Adjusted EPS: $0.29, far exceeding the analyst consensus of $0.09, beating expectations by $0.20.Revenue: $128 million, down significantly from $179 million in the same period last year, and missed expected $150 million.Net Profit: $131.3 million, doubling from $63.1 million last year.Cash Flow: $477 million, a significant increase from $120 million a year ago, thanks to stock issuance.While GameStop's revenue sign
According to Reuters, Nvidia on Monday said Chinese AI firm DeepSeek's advances show the usefulness of its chips for the Chinese market and that more of its chips will be needed in the future to meet demand for DeepSeek's services.
On Sunday, Melania Trump announced that “The Official Melania Meme is live!” via her official X account. “You can buy $MELANIA now.” It follows Trump’s $TRUMP token.After Melania announced the launch of Melania Coin, Trump Coin has fallen from its high of 74. People are now speculating whether Trump's daughter and son will also announce their own cryptocurrencies. Would you buy them, or just watch from the sidelines?
NVIDIA Universe: Are You Bullish on Nvidia Effect?
At today’s CES conference, NVIDIA CEO Jensen Huang announced three major collaborations, further solidifying the company's core position in autonomous driving and AI computing. These partnerships quickly triggered a strong response in the stock markets, with the stocks of the collaborating companies seeing significant gains, once again validating the powerful impact of the " $NVIDIA(NVDA)$ Effect."Some are saying that Huang has already pointed us to which companies to invest in at CES. Let’s take a look at NVIDIA’s investment universe!1. $Aurora Innovation(AUR)$ jumps 30% on accelerating commercialization of autonomous trucksNVIDIA announced a partnership with Aurora to drive the large-scale deployment of
$fuboTV Inc.(FUBO)$ surged 200% pre-market, driven by its significant partnership with $Walt Disney(DIS)$ and the resolution of legal issues. FuboTV announced a merger with Disney’s Hulu + Live TV business, with the combined company to be led by Fubo’s existing management team, while Disney will hold a 70% stake. This highlights Disney's strong support for the new entity and its future growth potential, boosting market confidence. Additionally, Fubo reached a settlement with Disney and ESPN regarding the Venu Sports litigation, eliminating legal uncertainties. Fubo's prior interim victory in the antitrust case further strengthened its competitive position.
Despite a significant pullback in cryptocurrency prices last week, $MicroStrategy(MSTR)$ , a major Bitcoin holder, continues to buy more. The company purchased 5,262 Bitcoins, marking its seventh consecutive week of increases.MicroStrategy raised $561 million through a stock offering, using the funds to boost its Bitcoin reserves. The average purchase price last week was around $106,613.The company now holds 444,262 Bitcoins, with an average cost of $62,257. While its Bitcoin bet has led to unrealized gains, leveraging to buy more Bitcoin could pose risks, especially if prices fall. Despite this, founder Michael Saylor remains bullish, stating that every day is a good day to buy Bitcoin.
Which stock is leading the quantum computing wave?Some believe that based on the performance over the past month, $Rigetti Computing(RGTI)$ stands out as the leader in terms of gains and trading volume.However, WSB users, analyzing resumes on LinkedIn, have concluded that $IONQ Inc.(IONQ)$ has hired the most quantum-related talent, while $Quantum Computing Inc.(QUBT)$ has relatively fewer professionals in the field.
🎁 Drones/ Quantum/ Space Stocks: Who Will Be the Next Tesla?
The term "low-altitude economy" has been increasingly mentioned in the investment field recently, with some even calling it the next $Tesla Motors(TSLA)$ . Let's take a look at the concept stocks of the low-altitude economy!1. Trump concept: could $Unusual Machines Inc(UMAC)$ become top drone stock?In the past five days, drone manufacturer $Unusual Machines Inc(UMAC)$ surged by 155%.Last Sunday, Elon Musk criticized the traditional F-35 fighter jet and posted pictures of drones on social media platform X. On Monday, $Lockheed Martin(LMT)$ stock price dropped nearly 4% during the trading day. Drones play a critical role in
Bakkt Skyrockets 160% on DJT Offer! Bitcoin Embrace More Rally?
Bitcoin rebounded to $91,000 on Tuesday, driving a recovery in cryptocurrency-related stocks. Yesterday was a significant day for crypto stocks, with notable developments.After two consecutive days of net outflows, the BTC spot ETF recorded net inflows yesterday. $MicroStrategy(MSTR)$ recently purchased a record-breaking $4.6 billion worth of Bitcoin. According to filings submitted to SEC on Monday, the company acquired approximately 51,780 Bitcoins between November 11 and November 17. This follows earlier purchases of over 27,000 Bitcoins from October 31 to November 10 and two significant acquisitions in September. The company now holds Bitcoin valued at approximately $30 billion.MicroStrategy is also raising additional funds to buy more Bitcoin.