To The Moon

Paul Grewal, Chief Legal Officer at $Coinbase Global, Inc.(COIN)$ revealed that the company is seeking approval from the U.S. Securities and Exchange Commission (SEC) to launch a tokenized stock service.Tokenized stocks are digital assets backed by shares of publicly traded companies. Instead of holding traditional securities, investors would own tokens that represent equity ownership. This move signals Coinbase’s intent to further integrate cryptocurrency with traditional equity markets by offering blockchain-based stock trading services.To move forward, Coinbase must obtain a no-action letter or an exemption from the SEC—effectively confirming that the product complies with regulations and that enforcement action will not be pursued.Grewal state

Amazon and being behind on AI. $Apple(AAPL)$ and being behind the ball on AI…name a better love story. Apple is hardly making a buck

$Meta Platforms, Inc.(META)$ advertising platform already uses AI to optimize existing ads, but the new system will allow brands to simply upload product images and a budget, and then have AI automatically generate a complete ad — including images, videos, and copy. The system will also autonomously select target audiences on Facebook and Instagram and recommend the optimal spending amount.Meta is also working to enable advertisers to deliver personalized ad variations in real time — for example, showing a car climbing snowy mountains to users in winter climates, while presenting urban street scenes to city audiences.

$Coinbase Global, Inc.(COIN)$ has agreed to acquire Deribit, the world’s largest crypto derivatives exchange, for $2.9 billion — marking the largest merger in the history of the digital asset market.

Just more than half, or 51%, of $Netflix(NFLX)$ 2024 content spending went to content from outside of North America, according to market research firm Ampere Analysis. About 70% of the streamers’ paid subscriptions come from outside the U.S. and Canada. Some of Netflix’s most popular recent programs among American audiences include shows filmed outside the U.S., including the British period series “Bridgerton” and the South Korean “Squid Game.”

I’m long on $Reddit(RDDT)$ and really believe in the company’s potential, but I can’t ignore that the current valuation looks way too high.For context, I originally bought 100 shares at $116 and started selling gradually at $130, $135, and $178. I saw the company’s growth potential, so I bought back at $200, and now I hold 40 shares with a BEP of $159. I plan to buy more in the future because I believe in the long-term vision. My personal (and totally pulled-out-of-my-ass) prediction is that RDDT could reach $100B market cap in 1-3 years and possibly $200B or even $300B by 2030.That said, looking at the numbers, the current valuation seems excessive. Last quarter, they reported $29.9M in net income, and assuming they keep that up, that’s $119.6M p

 Analysts are expecting $PDD Holdings Inc(PDD)$ earnings per share to come in at $2.71 on revenue of $14.22 billion. This equates to 69.4% and 49.7% year-over-year increases, respectively, according to TipRanks’ data.

Strong growth in its merchant base is driven by tools like Shop Pay, Shopify Payments, and Shopify Capital, which are attracting new merchants amid economic challenges.The company is also investing in modern e-commerce solutions, including AI integration with Shopify Magic and enhancements like Shopify Checkout for secure payment options. $Shopify(SHOP)$

I hope Trump gets elected. If Trump is elected, the stock market might continue to rise.