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MicroStrategy (NASDAQ: MSTR ) Chairman Michael Saylor is a famous Bitcoin ( BTC-USD ) bull. You don't have to be famous, but you'll definitely need to be a Bitcoin believer if you intend to buy and hold MicroStrategy stock.
Bitcoin was up over 10% as risk-taking was back in the market this week. Stocks that leverage Bitcoin's moves had a great week as a result.
MicroStrategy's shares have more than doubled thanks to a surge in Bitcoin's valuation. Rivian is a top EV company, but a lack of profitability leaves it with some significant risk.
The stock market has trended higher over the last month as this has proven to be one of the best earnings seasons in years. With over three-quarters of companies having now reported, earnings have grown around 5% in the last quarter.
Adapting the "Dogs of the Dow" strategy for targets on the volatile Nasdaq exchange just might be a useful idea after all. VinFast Auto is best avoided due to its high risk profile and downward market trajectory.
You'll get no argument from me that GameStop (NYSE: GME ) is one of the best meme stocks to sell. However, the video game retailer has been around a long time, suggesting it's not the worst of the meme stocks to sell.
MicroStrategy (NASDAQ: MSTR), a well-known leader in Bitcoin (BTC) investments, has recently ventured into blockchain technology, capturing significant attention.
The once-tech-focused business is led by Bitcoin evangelist Michael Saylor. It posted a far deeper adjusted net loss in its first quarter.
MicroStrategy (MSTR) falls after an earnings loss. Renita Young joins Jenny Horne and Ben Lichtenstein to discuss why MicroStrategy missed on earnings.
Shares of crypto-adjacent firm MicroStrategy Incorporated (NASDAQ:MSTR) are crumbling today after a disappointing first-quarter report.