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
Better Artificial Intelligence Stock: Adobe or Nvidia?
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.
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.
US Equity Futures Slide as Traders Fret Over Rates, Earnings: Markets Wrap
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.
If the U.S. Is in a Recession, It's a Very Strange One
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