Absolute trash journalism. It takes 1 min to search that Space X sold its holdings before 2023, which was EXPLICITLY written in the WSJ article. Bloomberg's journalists really with the click-bait titles LOL.
Bitcoin Plunge Spurs Liquidations as SpaceX’s Token Sale Weighs
10/10 nonsensical article. That's like saying "what's the better financials play, $JPM or $PYPL". Motley fool articles getting more foolish as the months go by lol
Truly garbage thesis. "Inflation is decelerating" doesn't mean squat. Prints don't mean squat if rate hike impacts are JUST being felt. Massive layoffs -> increase in unemployment rate. Commods, but still volatile. World bout to dip into a recession and markets roughly bottom out 5 months in. Motley Clowns.
A Bull Market Is Coming: 2 Remarkable Growth Stocks to Buy Hand Over Fist in 2023
It's a case of profit-taking. The rally was a classic bull trap. If you don't get out soon, you're not going to be realising any gains fromthe recent rally.
That's simply cause it ISNT a recession like anything before. It's a sequel to the COVID-19 mini recession which resulted in supply chain issues. Andright now, supply chain issues are resulting in a static supply irrespective of demand -> inflation -> I/r increase -> market gets whammied.
I love how this completely overlooks the loss in subscribers that is most definitely going to happen. This was at best a second tier top line strat that will backfire. $NFLX is a deadbeat stock no cap
If Netflix Introduces an Ad-Supported Tier, Revenue Could Soar 20%
Mans really bout that correlation vs causation argument. Humour me this, $TSLA & $UAL also follow similar patterns and so do a lot of stocks in non-similar industries when you rebase them. Highly suggest the author to stop writing.Cheers,Last 2 Braincells
Nvidia's Stock May Soon Take A Very Profound Turn For The Worse