Capitalist Countdown: Wealthy VC’s Top 5 Investing News Stories of the Week
Welcome to Wealthy VC’s Capitalist Countdown
Last Updated: 25.3.2024 19:17
The Capitalist Countdown is a weekly series that features the biggest stories from the stock market’s hottest stocks as well as news from under-the-radar hidden gems capable of delivering mutibagger returns to your portfolio.
Please sit back, relax and enjoy the Capitalist Countdown’s top 5 market-moving investing news stories for the week of September 25th – October 1, 2023.
5. Technical Trade Alert: AAPL Chart Primed For Double-Digit Breakout (Price Target)
A Technical Analysis of Apple’s Stock Chart Has Revealed That AAPL Could Be Setting Up For a Nice Sized Near-Term Breakout
Here’s what we uncovered, along with a potential price target for Apple (NASDAQ: AAPL) stock.
4. AI Chip Designer Dubbed “Mini Arm” Poised For Wall Street IPO
The Success of Last Week’s Arm Holdings IPO May Have Reinvigorated the IPO Capital Markets and Could Pave the Way For More Companies to Go Public in 2023-2024
The artificial intelligence (AI) industry has thoroughly dominated the investment landscape in 2023, with bellwether AI stocks such as Nvidia (NASDAQ: NVDA) soaring +207.13% year-to-date (YTD). Following in the footsteps of Arm Holdings (NASDAQ: ARM), which became the largest IPO of 2023 after reaching a valuation of $54 billion, another AI chip designer with a similar business model is poised to cash in on the AI boom with an IPO of its own.
3. XTM Launches Sought-After Instant Gratuities Solution on the Qrails AnyDay EWA Platform
The Integration of XTM’s Today Tipping Solution Into the Qrails’ AnyDay Earned Wage Access (EWA) Platform Gives U.S. Employees That Traditionally Receive Gratuities Included in Their Paychecks, the Opportunity to Instantly Access Their Tip Money
XTM Inc. (CSE: PAID) (OTCQB: XTMIF) (FSE: 7XT), a Miami and Toronto-based Fintech creator of disruptive payment innovations announced that it has officially integrated and merged XTM’s Today tipping solution into the Qrails’ AnyDay Earned Wage Access (EWA) solution for its U.S. clients resulting in an additional feature roll-out opportunity for large strategic partners such as SAP, Discover and Veritas Prime.
2. The Evergrande Crisis Deepens: What’s Next?
China’s Evergrande Crisis Just Got Worse With Liabilities Now Exceeding $300 BILLION
Recent reports from Bloomberg News have revealed that Hui Ka Yan, the chairman of China Evergrande Group, has been placed under police surveillance. This move has intensified concerns regarding the future of the world’s most indebted developer, which is currently facing the risk of liquidation. Evergrande, with liabilities exceeding $300 billion, has been at the epicentre of a liquidity crisis that has shaken China’s property sector, a significant pillar of the country’s economy.
1. The Golden Slip: What Higher Interest Rates Mean For Gold
Central Banks’ Stance on Inflation and its Impact on Gold Prices
Today, economic tides shift rapidly, and Gold’s recent dip amidst rising dollar strength might offer investors a golden opportunity to recalibrate their strategies.
Read More:
The Biggest AI IPO of 2023 is Finally Here (VIDEO)
3 AI ETFs to Beat the Market in 2023 (VIDEO)
5 Ultra High-Yield ETFs You’ve Probably Never Heard Of, With Yields as High as 32.35%
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