Disney Does It; Or, Buckaroo Bitcoin and the Crypto Kid

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February 12, 2021  

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Hey there, Great Ones! You ever have one of those weeks?

I know I’m not your pen pal, so I won’t bore you with the details. But it seems like everything but the ‘Rona has gone wrong this week. I’m literally blaming Windows 10 today. Hey, Billy Gates! Come back and fix your mess … please?

I hope your week is going much better. Maybe you’re having a week like Great One Gadu from yesterday’s Reader Feedback. He kinda stumbled into massive gains in the cannabis sector. Good on you, buddy!

Due to technical difficulties beyond the pale, here’s an even quicker and dirtier (than usual) listing of today’s hottest stories:

Diamond Hands Disney

Walt Disney (NYSE: DIS) beat earnings and revenue expectations and saw a 9% jump in Disney+ subs. There are now roughly 95 million Disney+ subs, more than triple last year’s total.

Watch out, Netflix; the Mouse is armed and dangerous!

Bumble’s BeeLine

Dating-app company Bumble (Nasdaq: BMBL) surged 64% following yesterday’s IPO and rallied another 12% today. The app differentiates itself from other dating apps by allowing women to make the first move. It also has a “Bumble BFF” feature for finding platonic friends.

An app for finding friends? I guess investing really is all about the friends you made along the way…

Arm Wrestling

Back in September, Nvidia (Nasdaq: NVDA) announced it was buying semiconductor maker Arm from Softbank for $40 billion. Naturally, some competitors have a problem with that. Qualcomm (Nasdaq: QCOM), for one, is telling everyone who will listen that it’s a bad idea.

Now, the U.S. Federal Trade Commission (FTC) is moving into a “second phase” of its investigation of the deal. I don’t expect much on this front for months, but Qualcomm and the FTC are making waves, so if you’re an NVDA investor … be wary.

Turn Your Images On

And if that isn’t enough to wet your whistle, why not check out some of the biggest action from my pals over at Banyan Hill? Here, I’ll get you started:

Buckaroo Bitcoin and the Crypto Kid

Now, before I go … let’s revisit Bitcoin (BTC) and cryptocurrencies one last time this week, shall we?

Back on Monday, I regaled you of the tale of Tesla (Nasdaq: TSLA) — how the electric vehicle maker bought $1.5 billion in bitcoin (not 1.5 billion bitcoins … just to be sure). And how the Elon-enabler postulated that it would accept bitcoin as payment sometime in the future.

Naturally, this set bitcoin investors ablaze — not that it takes much, mind you. The leading crypto soared to a record high of roughly $48,700. That’s a gain of more than 62% since the beginning of 2021!

Now, I’d like to say, “I told you so!” … but that wouldn’t quite be true.

Ian “The Crypto” King told you so! (And I told you that Ian told you … so, that counts for something, right?)

This is exactly the kind of development that Ian predicted would happen in his Next Wave Crypto Fortunes event.

During this event, Ian cited four specific catalysts driving the current explosion in cryptos …  and the Tesla bitcoin purchase is proof that one of these catalysts is already having a powerful impact.

So, whether you’re ready to take the crypto plunge, or you just want to learn more about investing in bitcoin … click here to check out Ian’s Next Wave Crypto Fortunes!

And do it fast. I’m not sure how much longer I can get them to keep this offer open…

On a final note: The market is closed on Monday for Presidents Day. Great Stuff will be MIA as our team hunts down the best mattress and appliance deals. It’s what George Washington would want us to do, after all.

And, as always … feel free to drop us a line at GreatStuffToday@BanyanHill.com.

We’ll be back Tuesday with your irregularly scheduled programming. In the meantime, you can always check out Great Stuff on the web (click here) or follow us on social media: Facebook, Instagram and Twitter.

Until next time, stay Great out there!

Joseph Hargett
Editor, Great Stuff

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