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 June 20th – 26th, 2022.
5. Elon Musk Talks Twitter Deal, Tesla Layoffs, Trump and U.S. Recession at Qatar Economic Forum (VIDEO)
Musk’s Appearance at the Qatar Economic Forum Featured an In-Depth Interview With John Micklethwait, Editor-in-Chief at Bloomberg News
During the interview, Elon Musk also discussed current supply constraints, which the Tesla (NASDAQ: TSLA) CEO described as the biggest brake on Tesla’s growth. The world’s richest man also spoke on a myriad of other important topics, including the current status of his Twitter (NYSE: TWTR) deal, planned layoffs at Tesla, the likelihood of a U.S. Recession and the possibility of him supporting Donald Trump in the 2024 U.S. presidential election.
Read the full story here.
4. Top 5 Reasons We Should Have Seen This Market Bubble Bursting
While Hindsight is Always 20/20, Here’s Why the Global Financial Markets and Investors Alike Should Have Seen This Market Downturn Coming in Advance
In early 2021, the world was introduced to Wall Street Bets, the Reddit community dedicated to outlandish investments. After the group banded together to raise the price of GameStop (NYSE: GME) and AMC Entertainment (NYSE: AMC), certain hedge funds that were short the stock took significant losses. Here are the rest of the top five major red flags that should have set off alarm bells in investors’ heads.
Read the full story here.
3. PowerTap Takes Part in Hydrogen Leadership Summit in Sacramento, California
PowerTap’s President Moderated a Panel at the Hydrogen Summit, Which Included Panelists From Chevron, Nikola, Ballard and Trillium
PowerTap Hydrogen (NEO: MOVE) (OTC: MOTNF) (FRA: 2K6B) updated investors on the company’s participation in the California Hydrogen Leadership Summit (CHLS) in Sacramento, California, in June 2022. Salim Rahemtulla, President of PowerTap, moderated a panel at the CHLS entitled “Building a Hydrogen Fueling Network that Fuels the Gaps in California’s Transportation Decarbonization and Air Quality Goals.” The panel included participants from Chevron (NYSE: CVX), Nikola (NASDAQ: NKLA), Ballard (NASDAQ: BLDP) and Trillium (of the Love’s Family of Companies).
Read the full story here.
2. U.S. Fed Raises Interest Rates By 0.75%, Its Largest Rate Hike in Nearly Three Decades (VIDEO)
The Historic Rate Hike Comes in Response to Soaring Inflation, Which Climbed 8.6% in May, the Largest Increase Since 1981
The United States Federal Reserve announced Wednesday afternoon that it raised its benchmark interest rate by 0.75%. The Fed funds target rate is now 1.5% – 1.75%, with the U.S. central bank signalling that rates could reach 3.8% by year’s end.
Read the full story here.
1. Crypto Market Rocked Yet Again By Celsius Debacle Just Weeks After Terra Luna Collapse
In What Has Become a Far Too Common Occurrence, Another Controversial Cryptocurrency Company is Taking Drastic Steps to Fix a Broken System
The latest Crypto crisis involves Celsius Network (CELUSD), one of the largest so-called crypto lenders in the industry. Late Sunday night, Celsius Network announced that it would be pausing withdrawals, swaps and transfers on the platform, effectively freezing the assets of its users. The company claims it is doing so to protect itself from “extreme market conditions.” Outside observers believe it’s more likely that the company can no longer fund its obligations due to reduced demand for new investors not providing the funds needed to keep the Ponzi scheme going. This move by Celsius comes a month after another cryptocurrency company’s collapse sent shockwaves through the industry. In early May, the Cryptocurrency platform TerraUSD (USTUSD) imploded after its leading stablecoin, TerraUSD, broke free from its peg to the U.S. dollar and plunged from a price of $1 to under a penny. This plunge caused Bitcoin (BTCUSD), Ethereum (ETHUSD) and cryptocurrencies across the industry to plummet, wiping out hundreds of billions of investor wealth.
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.
