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 1st – 7th, 2023.
5. Gold v. Bitcoin: Which Asset is Truly the Better Investment? (VIDEO)
As Investors Seek to Diversify Their Portfolios During Times of Uncertainty, Many Turn to Gold or Bitcoin as Alternative Investments and Hedges Against Inflation
While both assets have unique qualities and offer potential returns, they differ significantly in risk, volatility, and fundamental value. This article explores the pros and cons of investing in gold and Bitcoin to help you, wealthy venture capitalists, make informed decisions.
Read the full story here.
4. Your Job Could Vanish Along with 14 Million Other Jobs Thanks to AI
A New Economic Report Found Within the Next 5 Years, as Economic Conditions Change, and the Adaptation of AI Skyrockets, Your Job Could Be on The Line
The new report found that 69 million new jobs are expected to be created while 83 million positions are to be eliminated. The findings are based on surveys conducted with over 800 companies: a net loss of 14 million jobs, or 2% of current employment, by 2027.
Read the full story here.
3. XTM, The Hottest New Fintech on The Block, is Raising Capital at a Premium to Market Price
XTM Announces Convertible Debenture Financing of up to $5,000,000
XTM (CSE: PAID) (OTCQB: XTMIF) (FSE: 7XT), a Miami and Toronto-based Fintech creator of disruptive payment innovations specifically for service industries including hospitality, personal care and service staff, announced the company intends to complete a non-brokered private placement of convertible debentures at a price of USD $1,000 per Convertible Debenture Unit for gross proceeds to the Company of up to USD $5,000,000.
Read the full story here.
2. The Impact of The 0.25 Interest Rate Point Hike – LIVE
Most Economists Surveyed by Reuters Stated That a 25 basis Points Hike Was no Surprise. Watch FED Chair Jerome Speak Live After The Rate Hike Decision
The Federal Reserve’s interest rate decision has been widely anticipated, with the market predicting a near-certain quarter percentage point increase. This marks the 10th hike since March 2022, bringing the benchmark borrowing rate to a target range of 5%-5.25%.
Read the full story here.
1. U.S. Banking Crisis Could See a Staggering 190 Banks Collapse According to a New Study (VIDEO)
Last Week, First Republic Bank Became the Third Bank This Year to Collapse, and Now PacWest Bancorp is Teetering on the Edge of Becoming the Fourth
With news of a recent study on the fragility of the American banking system reporting that a total of 186 additional banks are at risk of failure, it poses the question: Is the United States headed towards a tsunami of bank failures?
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.
Sign up for email alerts to get the moves before our social media followers.
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Do you have a stock tip or news story suggestion? Please email us at: invest@wealthyvc.com.
Disclaimer: Wealthy VC does not hold a position in any of the stocks, ETFs or cryptocurrencies mentioned in this article.
