@NotWizard:$MicroStrategy(MSTR)$ join NASDAQ 100 !! 🚨 $MicroStrategy(MSTR)$ , the preferred high beta play on the price of bitcoin, will join the Nasdaq 100 index, a move that could further increase demand for the controversial stock that has been on a torrid run this year alongside the price of the cryptocurrency.The $NASDAQ 100(NDX)$ comprises 100 of the largest nonfinancial companies in the tech-focused Nasdaq Composite index. A stock’s addition means that ETFs – including the highly popular $Invesco QQQ(QQQ)$ , which has $325 billion in assets – will become automatic buyers as well.Shares of the bitcoin proxy could be set to gain
@FinKingSG:$Reddit(RDDT)$ Reddit has been my best investment so far! I have been DCA-ing into it. It still have a lot of room for growth. Beyond the US, it's largely under penetrated. As such, it's DAU is growing at 47% YoY.
@Samlunch:$SPDR S&P 500 ETF Trust(SPY)$ 📈 $SPY RETESTING! • SPY is retesting an important trend line and we also have a bull gap right under. • If we gap down under the bull gap that is open there is a high change we will see a steeper pull back into the end of the year. • This is a scenario to have in the back of your mind and is important where every bull gap will act as support as we drop lower but creating an island top I believe we can see 570s before higher. • Bulls need to break 600 or chop continues. OPEX Friday. Good luck everyone!
@Max87:$Alibaba(BABA)$ Base on this Share Repurchase Update (Oct 2nd), it's pretty clear that management has repurchased 353 mln ADRs (for a whoppin...USD 27.6Billion!!?) corresponds to 13.66% outstanding shares on a non-dilutive count since Dec'22 quarter which coincides with 2 years duration since start of share repurchase program. Simple calculation would tell you that, your stake in the company would've grown in aggregate 15.82% over the past 2 years. Taking the USD 4B in dividends issued this year, total shareholder returns would total USD31.6B. If you held the shares on June 13th at closing price USD75.68/share, a USD1.66/share dividend equates to 2.19%. Therefore, Baba has returned 18.01% to her loyal shareholder over the pas