Will they fly or sink next week?

Cryptocurrency exchange $Coinbase Global, Inc.(COIN)$   has been weighed under the current correction in the crypto market. Nevertheless, expectations of rate cuts in the second half of this year will help to encourage trading of risky assets like cryptocurrencies, driving up trading volumes for Coinbase. Hence, I remain bullish on Coinbase as the cryptocurrency exchange platform benefits from increased trading on cryptocurrencies and as its revenue rises with custody fees as it acts as the custodian for most of the bitcoin spot ETFs.

With more and more companies jumping onto the artificial intelligence bandwagon to embrace AI solutions as part of their digital transformation and productivity improvement strategies, Nvidia has sold millions of GPUs to drive the AI engines. The enormous investments being spent on AI chips spell well for the overall semiconductor industry $Semiconductor Bull 3X Shares(SOXL)$  , as the semiconductor supply chain from intellect properties, designs, equipment, materials, fabrication to assembly and testing thrive under the exploding demands for AI products and services. Riding on the AI frenzy wave include $Palantir Technologies Inc.(PLTR)$  and $C3.ai, Inc.(AI)$ ,  which have been among the forerunners in launching their enterprise AI software and services, as businesses rush to build their enterprise-scale AI applications and accelerate digital transformations for their operations. I believe that the AI engine will propel the stocks to greater heights this year, as the duo continues to execute well and deliver on their AI strategies.

$AMC Entertainment(AMC)$  's share price had plunged on news of fresh stock sale to prop up its weak balance sheet, and as the king of theatre chains disclosed soft box office. Turnouts at AMC's theatres have fallen short of expectations after lifting of previous measures to contain the COVID pandemic does not seem to have brought back huge crowds expected to the cinemas of the largest theatre chain. Releases of blockbuster movies have done little to help too, as rising competition from the online movies streaming service providers the like of Netflix, Amazon and Disney have taken a toll on AMC, that has been struggling to attract viewers to stay competitive and remain relevant post pandemic, as the pandemic has changed forever the way many people would watch movies. AMC will have to quickly reinvent itself to adapt to the new normal or become obsolete.

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