New Money Millionaires

The buy and hold strategy isn’t sexy, quick, or exciting, but the results and returns beat almost any other investment. How long have you been buying and holding stocks?

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Microsoft discloses in SEC filing that “Assessment of Investing in ” will be a voting item for the shareholder meeting on December 10, 2024👀🚀

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Don’t underestimate the power of compounding ‼️

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Just a few of the wins shared in our options winners chat this last week.😁 It’s awesome seeing all experience levels and investment accounts making incom🔥

Comment “BAG”💰 to get 25% off your first month in our 👑VIP chat!

You become rich in your mind long before you become rich in your bank account 🧠💰

Last slide is the most important‼️

Bullish or Bearish TSLA👀‼️

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Starbucks $SBUX may have a massive turn around! 👀‼️

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After an onslaught of bearish selloffs in the market the last week 2 weeks, the market just had its best day since 2022z the only question you should be asking yourself is DID YOU BUY THR DIP👀‼️

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The first Monday in August has plunged the U.S. stock market into turmoil, erasing over $1.93 trillion from the S&P 500 as markets opened.

This dramatic downturn is driven by intensifying fears of a recession, exacerbated by disappointing corporate earnings and high inflation, which have kept interest rates at a 23-year peak.

Adding to the chaos, the Federal Reserve is now under pressure to potentially cut interest rates before its September meeting, a move that could stabilize the market but also signal deeper economic concerns. This financial turbulence is mirrored in the cryptocurrency market, which has experienced massive negatives.

The latest Starbucks results show the retailer may have trouble selling coffee, but it is getting better at selling customers the right to buy coffee in the future.⁠
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Starbucks has $1.77 billion in unredeemed gift cards, up 9% from the previous year, its fiscal third-quarter results show. What’s even better, from Starbucks’ perspective, is that much of that $1.77 billion will never be used, so the only cost to Starbucks was the minimal expense of loading up a plastic card and marketing it.⁠
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LBig damages from Crowdstrike 😬 I know a lot of restaurants and stores even many airlines that were closed basically from this. Insane how one company can affect the whole world when it has hiccups like that.

The compounded annual growth rate over the past hundred years in the US stock market is 7.16%. Even after the troubles this country and collectively the world has gone through, America marches on!

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🚀New Money Millionaires Chat Wins 💰
One thing that’s feels good is winning, but willing together is even more rewarding. 💪

Comment “💸MONEY” and we will send you a 20% off code on you first month

📌 Market News Around The world Today 🗞️

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Nike (NKE) stock fell as much as 16% on Friday after the retailer said it expects revenue to decline more than previously thought in the coming year.

The company said Thursday it expects revenue to fall mid-single digits in 2025, including an expected 10% decline in the first quarter. Nike had initially guided for overall sales growth in 2025.

Wall Street has been closely watching Nike’s product pipeline as the Oregon-based company works to fend off competition in its core athletic footwear market from rivals like Adidas (ADDYY) and relative upstarts like On (ONON) and Deckers’ (DECK) Hoka brand.

Nike executives stressed they believe their plans to scale new products are on “track” and will impact the company’s financials by the end of the year. Via: Yahoo Finance

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Elon Musk’s AI startup xAI is partnering with Dell, Nvidia and Supermicro to construct what it claims will be the world’s largest supercomputer.

The project, announced in early June, will provide the startup with a “gigafactory of compute,” its own dedicated infrastructure to power its training efforts and reduce its current reliance on cloud services from Oracle and several of X’s data centers.

News of Dell’s involvement broke after CEO Michael Dell posted a photo of server racks on X (formerly Twitter), saying his company was building one of its “AI factories” as part of the supercomputer’s infrastructure.

Dell’s AI factory concept offers specialized AI infrastructure services, utilizing liquid-cooled servers and Nvidia’s new Blackwell GPUs to support high-intensity AI workloads.

The Dell CEO said the AI factory would be used by xAI to power Grok, the startup’s rebellious chatbot designed to compete with OpenAI’s ChatGPT.

Apple reclaimed the title of the world’s most valuable company, surpassing Microsoft with a market cap of $3.3 trillion following the announcement of its AI initiatives. This surge was fueled by investor enthusiasm after Apple unveiled plans to integrate generative AI across its devices and apps, including features like AI-generated emojis and writing assistance.

Analysts predict these AI features will drive a new cycle of iPhone purchases. Despite Apple’s rise, Microsoft remains a significant player, benefiting from its investment in OpenAI, whose technology Apple plans to use.

What are your thoughts?

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It was revealed in a Reddit post by u/DeepFu**ingValue that he holds 5,000,000 shares of GameStop and 120,000 $20 calls expiring on 6/21/24.

He has $180,000,000 in GameStop!!! Be ready for a busy week in the world of finance and stocks… And gambling!

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It’s officially Nvidia, $NVDA, earnings day:

Nvidia is expected to report $24.5 BILLION in revenue for Q1 2024.

To put this in perspective, this reflects 241% year-over-year revenue growth for the 3rd largest company in the world.

Just 5 years ago, Nvidia reported Q1 revenue of only $2.2 billion, marking a ~1000% increase in 5 years.

EPS expectations are at $5.13 for Q1 2024 marking a MASSIVE 482% year-over-year jump.

In Q1 2024, Nvidia’s contribution to the S&P 500’s EPS growth is estimated to reach ~40%.

Today is a big day.

GameStop shares rallied more than 37% in the premarket Monday after “Roaring Kitty,” the man who inspired the epic short squeeze of 2021, posted online for the first time in roughly three years.

Could this be the start of another epic squeeze on the meme stocks? 🚀

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Disney has announced plans to invest $1.9 billion into expanding and upgrading its theme park and resort in Anaheim, California over the next decade!

The Anaheim City Council unanimously approved Disney’s proposal, known as DisneylandForward, which will transform the 490-acre campus and bring new attractions, experiences, and lodging options to the beloved destination.

This massive investment is expected to create jobs, boost tourism, and contribute significantly to the local economy of Anaheim and the surrounding areas.

Bullish $DIS stock?👀

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New Money Mill Squad has been on FIRE!🔥
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Google also brought in $8.1 BILLION of revenue from YouTube ads alone last quarter. Google bought YouTube for $1.65 Billion back in October 2006. What a return 🤯

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⚡️Celsius remains the champ looking back to 2019. Up 5,528% since then! Even though $CELH is down 25% this month, it trumps over Supermicro & Nvidia, which have both taken significant hits recently as well.

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