Capitalist Countdown: Wealthy VC’s Top 5 Investing News Stories of the Week
Welcome to Wealthy VC’s Capitalist Countdown
The Capitalist Countdown is a weekly series that features the biggest stories from the 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 Capitalist Countdown’s top 5 market-moving news stories for the week of May 9th – 15th, 2022.
5. Bitcoin Hits Two and a Half Year Low Amid Cryptocurrency Carnage
The Correction in the Financial Markets Has Been Significant and Prolonged
Bitcoin (BTCUSD) and the rest of the crypto market have been feeling the pain too, especially after the recent carnage caused by the TerraUSD (USTUSD) stablecoin debacle.
Read the full story here.
4. Twitter Freezing New Hiring and Cutting Costs as Execs Depart
Elon Musk, the World’s Richest Man, is in the Process of Trying to Take Twitter Private, Ostensibly to Protect Free Speech on the Platform
After becoming Twitter’s (NYSE: TWTR) largest shareholder over the last few months, Musk accepted, then spurned a spot on the Board of Directors, before later announcing his intentions to outright buy the entire company and institute wholesale changes to the firm’s censorship policies.
Read the full story here.
3. This Oil Giant Just Overtook Apple as the World’s Most Valuable Company
Just a Few Years Ago, it Would Have Been Absurd to Think That an Oil Company Would Supplant Apple as the World’s Most Valuable Company, But What a Difference a Year Can Make
With oil prices continuing to rise, oil giant Saudi Aramco (TADAWUL: ARAMCO) has seen its valuation soar to more than $2.4 trillion, and in the process, overtaking Apple (NASDAQ: AAPL) as the world’s most valuable company.
Read the full story here.
2. Cryptocurrency Luna and Linked “Stablecoin” TerraUSD Both Collapse After UST Breaks From USD Peg
Few Are Aware of Just How Vast the Crypto Market is, Which Now Boasts Over 12,000 Coins, Including the Lesser-Known Sablecoins, One of Which Just Crashed in Spectacular Fashion
One of these stablecoins is TerraUSD (USTUSD), which is tied to the U.S. dollar and run by the Terra platform, which uses blockchain to control the supply of the cryptocurrency, keeping it priced at $1. However, on May 8th, the coin suddenly broke away to the downside. It plummeted hard and fast; it currently trades below $0.12, an 88% loss in a week. With the TerraUSD peg to the U.S. dollar seemingly broken, investor confidence took a severe hit. This resulted in Terra Coin (LUNAUSD), a cryptocurrency tied to the performance of the Terra platform, suffering an even worse plunge than TerraUSD.
Read the full story here.
1. Is Elon Musk Backing Out of the Twitter Deal?
Elon Musk’s Move to Take Over Social Media Giant Twitter Has Been Dominating the Financial News Cycle Since He Became the Largest Shareholder and Announced His Decision to Buy the Firm and Take it Private
Musk has repeatedly stated that his primary motivation for the Twitter (NYSE: TWTR) buyout is to restore free speech on the platform, which he views as being vital to democracy – however, recent events and the large decline in TWTR stock have the market speculating that the deal may not make it across the finish line, at least not at the currently agreed-upon $44 billion valuation.
Read the full story here.
Small Cap News Movers & Winner Deep Dive – By WealthyVC.com
We scan over 10,000 publicly listed stocks across all seven North American exchanges to uncover the market-moving news that actually matters—focusing on high-quality, liquid, growth-oriented companies in sectors attracting serious capital, like AI, blockchain, biotech, and consumer tech.
Each week, we publish Small Cap News Movers, a curated roundup of small and micro-cap stocks surging on meaningful catalysts. We break down what’s driving the move, tap into rumors swirling on social media, and surface sharp insights from both industry experts and retail sleuths.
From this list, we select one standout stock for our Small Cap Winner Deep Dive, released the next day, where we take a closer look at the fundamentals, narrative, and technicals that suggest this winner could keep running.
Powered by our proprietary 4-element, AI-driven analysis system, our goal is simple: cut through the noise, remove the emotion, and help investors dominate the small-cap market with momentum-driven strategies—completely free.
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Disclaimer: Wealthy VC does not hold a position in any of the stocks, ETFs or cryptocurrencies mentioned in this article.
