Every week, I sift through a flood of investment and finance newsletters. Here’s a distilled selection of the top picks that cut through the noise.
This week’s highlights include:
- Netflix’s Strategic Victory in Streaming
- CoreWeave’s Monumental AI Partnership
- Marathon’s Under-the-Radar Crypto Movement
- AI Overtaking Shakespeare in Poetry Contests
- Alabama’s Small Biz Legislation Overturned
- A Surge in Bitcoin Options as Bulls Rally
- Three Compelling Stocks to Watch
Stay tuned for more insightful reads.
Best,
Wyatt
Netflix’s Strategic Victory in Streaming
- Source: The Average Joe
Despite some hiccups during the Tyson-Paul fight, Netflix’s stock leaped by 2%, bringing its gains for the year to a staggering 80%. It’s becoming evident that their advertising strategy is on point, with half of new subscribers choosing the ad-supported tier. Astonishingly, the platform has amassed 70 million users in just two years. In the last quarter of the year alone, they are set to gain over 10 million new subscribers, more than doubling the previous growth, while also shaking up the live-streaming industry.
CoreWeave’s Monumental AI Partnership
- Source: The New Money
Core Scientific and CoreWeave have embarked on an ambitious venture—a 100-megawatt data center in Oklahoma, designed to accommodate Nvidia GPUs for high-performance computing and AI tasks. As the demand for AI computing resources skyrockets, this project’s scale especially targets the AI operations of an undisclosed tech giant. Dive deeper into this massive AI infrastructure initiative.
Marathon’s Under-the-Radar Crypto Movement
- Source: The New Money
Marathon Digital, a major player in Bitcoin mining, has taken an unexpected turn by mining Kaspa, a burgeoning cryptocurrency now valued at $4.4 billion. Allocating just a small fraction—1%—of its data center power, Marathon has already struck gold with $17 million in Kaspa. Full deployment could see them commandeering 16% of Kaspa’s global hash rate.
AI Overtaking Shakespeare in Poetry Contests
- Source: The Rundown AI
A remarkable study from the University of Pittsburgh reveals a surprising twist: AI-generated poetry sometimes resonates more with readers than classics like Shakespeare and Dickinson. Participants struggled to distinguish AI-created poems from human ones, succeeding only 46.6% of the time—a rate worse than a mere guess. Across multiple aspects, including rhythm and emotional depth, AI compositions often outshone their traditional counterparts.
Alabama’s Small Biz Legislation Overturned
- Source: Wealth Factory
The Corporate Transparency Act (CTA) has stirred controversy among small businesses, pushing many to voice concerns over privacy and added regulations. This law mandates most small businesses with under 20 employees report their ownership details to the Treasury. Recently, a federal court in Alabama deemed the CTA unconstitutional, but this verdict currently applies only to specific cases as appeals progress.
A Surge in Bitcoin Options as Bulls Rally
- Source: Sherwood News
The launch of BlackRock’s iShares Bitcoin Trust options has ignited overwhelming optimism in the market, with trading volume soaring. On its first day, there were an impressive 350,000 options traded, a significant leap from the initial demand seen during BITO’s debut. Fueled by this trading frenzy, Bitcoin shot to a record $94,000, demonstrating the powerful impact of options trading on Bitcoin’s ongoing rally.
What I’m Reading
Many ask how I discover such great content. Here are some of my go-to newsletters, all of which offer free subscriptions:
- HeadlineToGo: Your daily roundup of major stories in sports, music, and entertainment.
- Early Bird Stock Market News: Get the scoop on what’s moving the market, delivered every morning.
Stock Ideas
Here’s a highlight of stocks worth considering this week, with insights from public.com. Remember, always do your own research (DYOR).
Northeast Bancorp ($NBN)
Bullish Considerations:
- Strong performance in loan purchases and growth in SBA loans, positioning them as a top originator.
- The stock has delivered remarkable returns, surpassing $100.
Bearish Considerations:
- Vulnerability to interest rate changes due to funding dependencies.
- Potential execution risk in expanding their SBA loan program.
Red Cat Holdings ($RCAT)
Bullish Considerations:
- Promising indicators for securing a substantial Army contract.
- Solid supply chain setup enhancing their military contracting potential.
Bearish Considerations:
- Concerns over financial reserves for sustaining operations prior to significant contract revenues.
- Varying estimates on the contract’s potential size introduce uncertainty.
Lifecore Biomedical ($LFCR)
Bullish Considerations:
- Potential for impressive revenue growth with existing capacities.
- Margin expansion opportunities and favorable industry positioning.
Bearish Considerations:
- Immediate challenges due to a significant customer’s inventory adjustments.
- Heavy reliance on a primary customer, which could impact stability.
That’s all for this week. If you craft exceptional content and would like to be featured, I’m all ears.
Cheers,
Wyatt
Disclosures
The above contains affiliate links, and we may earn a fee if you act on them.
Remember, none of the above constitutes financial advice. DYOR, you curious souls.
