#238: This Stock's Huge Bitcoin Gamble Could Define 2024
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If you’re worried we’re in a bubble, avert your ears. This week, Mike dives into MicroStrategy, the business intelligence stock that last popped during the early 2000s and is now riding the crypto wave to all-time highs. Dubious loans, bitcoin bets, and a cooky CEO, this story has ominous written all over it. Meanwhile, Anne Marie dives into Google’s latest run-in with the Department of Justice. Will the king of search be forced to sell Chrome and Android or will this latest anti-trust bid fizzle out? Tune in to find out. Finally, Anne Marie checks in with Vimeo. The video hosting and editing site made a big splash in 2020 but has since drifted away from its target customer. Is this pivot a great idea or act of desperation? At our Horizon Live event, Emmet picked his desert island stock. It's high-risk, high-reward, but it is one of those businesses that could truly be world-changing. Luckily, it’s already in Horizon and will be next week’s buy alert. We have an exclusive offer for out podcast listeners, to grab it, email us at [email protected] Don’t wait. [email protected] Become a successful investor by checking out all the content MyWallSt has to offer: 📩 Email us: [email protected] 📚 Learn the fundamentals of investing by downloading our free Learn app: https://bit.ly/3DXPOz7 💻 Keep updated on stock market news by visiting our blog: https://mywallst.com/blog/ 🎧 Tune in to our podcast Stock Club to stay updated on weekly news: https://mywallst.com/stock-investment-podcast/ 🎉 Follow MyWallSt on social: 🐦 Twitter: @MyWallStHQ 💃 TikTok: @MyWallSt 📸 Instagram: @MyWallSt 🖥️ Facebook: @MyWallSt 👔 LinkedIn: MyWallSt 00:00 Intro 05:01 Google's Antitrust Troubles 16:16 Microsoft’s Fight with the DOJ in 2001 25:45 Horizon Promo 26:30 MicroStrategy’s Bitcoin Bet 35:04 Leveraged ETFs and Market Madness 39:07 Check in with Vimeo Hosted on Acast. See acast.com/privacy for more information.
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