20% upside if Microsoft’s Activision acquisition goes through. And if it doesn’t?

Ten months later, Microsoft is still having trouble getting their massive $69B Activision acquisition approved. The uncertainty has sent Activision trading 20% below the $95 acquisition price. The odds are stacking against Microsoft Activision is the creator of popular games like Overwatch, Call of Duty and Warcraft. Microsoft owns Xbox and other gaming studios. Combined,…

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YouTube Finfluencer launches The Meet Kevin Pricing Power ETF ($PP)

Cathie Wood is a money manager turned influencer. Now, we have influencers turning into money managers. Kevin Paffrath (a.k.a. Meet Kevin) is a real estate guru turned YouTuber that covers general investment advice for his 1.84M subscribers. This week, he launched his own ETF — The Meet Kevin Pricing Power ETF ($PP). The ETF invests…

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Have investors been nice or naughty this year?

Fed Chair Jerome Powell hasn’t decided whether we’ll get the famous Santa Claus rally just yet. Santa rally? December has historically been a strong month — averaging a 1.6% return since 1945. Per Barron’s, investors typically fund their retirement accounts in December. The S&P 500 delivered its second positive month in a row for the…

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Here’s what Black Friday – Cyber Monday sales data is saying about the consumer

Record Black Friday sales? Struggling consumers? Something doesn’t add up… Adobe posted a “record” $9.12B sales figure. But they left off one key number: transaction volume. With inflation running near 7%, it’s possible sales (adjusted for inflation) have actually decreased. Where are sales increasing? Shopify — which powers nearly a third of all online stores…

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This top-performing value fund sees opportunity in Meta

The Liontrust Tortoise Fund has beaten 99% of other long-short equity funds this year (19% return). Their success this year has come from: Pivoting towards defensive sectors like Consumer Staples and Healthcare — sectors that have outperformed this year. Betting against the S&P 500 and US tech stocks with “relatively large” short positions. Recently, they’ve…

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China’s zero-COVID policies backfire and spark countrywide protests

Remember when COVID was a thing? China remembers it like it was yesterday. And it’ll be fresh on their minds tomorrow too. Zero-COVID policies have kept China in a constant cycle of “reopening” and lockdown. Just two weeks ago, China eased lockdown restrictions, which they quickly reversed after a recent surge in COVID cases. The…

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Pokémon: Record Launch to PR Nightmare

The launch of the highly anticipated Pokémon sold a record 10M units — the highest of any Nintendo game release. Twenty-six years after the debut of their first Pokémon game, it has evolved into an open-world 3D concept. Millennials, remember playing on the OG Game Boy? But the game quickly became a PR nightmare as…

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Cathie Wood Makes a Bold Prediction on Bitcoin: $1M by 2030

Ark Invest’s Cathie Wood isn’t shy about making bold predictions. Yesterday Wood forecasted Bitcoin to hit $1M by 2030. That would be a 60x increase from its current price of ~$16.5K. Here’s a collection of Wood’s famous calls: 1/ Tesla (NASDAQ:TSLA) to hit $4,600 by 2026 (~$1,533 adjusted for Tesla’s recent stock split). $TSLA is…

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