Apple’s nearly as unstoppable as a young Shang — fending off lawsuit after lawsuit. A year-long battle between Apple and Epic Games is reaching a climax with a judge ruling impacting Apple and companies relying on Apple’s app store.
Investors, get ready for the revolution — and the multi-billion dollar companies it’s creating. The open source software revolution was once just a dream, but Red Hat blazed the trail for the industry when it was acquired by IBM for $34b in 2019.
Yesterday, El Salvador became the first country to adopt Bitcoin as its official currency. In celebration, Bitcoin took a 9% dive.
What’s the big deal? The move by the tiny Central American country is one of the biggest crypto experiments watched globally.
“You don’t have to invest like a big bureaucratic institution. If you choose to invest like one, then you’re doomed to perform like one.” — Peter Lynch
One advantage of smaller investors is their ability to invest in smaller stocks — a.k.a penny stocks or small cap stocks (<$300m market cap) — notoriously shunned by many.
In 2021, electric vehicle (EV) stocks fell out of favor and the once hyped EV maker, Lucid Group, is falling even lower.
Yesterday, early Lucid investor lockups expired — allowing them to sell their stock — sending Lucid down 11%.
The world’s second-largest crypto, Ethereum, is back above $3,400 — up 40% in the past month, now trading at levels last seen in May when the crypto market crashed.
