Investing News / Industry

The Next Great Meme Stock is Here

CEOs during earnings season…

It was a fairly quiet week in the financial markets with only a few major headlines riling up investors.

While the crypto market continued to face controversy with more exchange hacks, and some new companies joining the volatile Q2 earnings report party, investors stayed quite calm as they look to wade out the economic storm.

If you’re lost and looking for a new investment strategy for 2022, here are some wise words from the clever Kin Hubbard:

“The safest way to double your money is to fold it over and put it in your pocket.”

Here is how major indexes performed this week:

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Coho Collective Kitchens (TSXV: COHO) is changing the restaurant game forever.

By providing aspiring entrepreneurs with the space, services, and technology needed to successfully grow in the food & beverage industry, restaurant owners can focus on doing what they love most, making delicious meals for their customers. 😋🍔

In this exclusive Deal Night event interview, we sat down with CEO Andrew Barnes to discuss Coho’s growth strategy, partnerships, and much more!

If you love companies with a robust business model and are helping entrepreneurs fulfill their dreams, you won’t want to miss out on this appetizing conversation. 🌮

LQwD (TSXV: LQWD) is at the forefront of innovation, providing businesses with Lightning Network Infrastructure for easy Bitcoin integration. ⚡️

With over 10 years of experience in the Bitcoin industry and at least 100 Bitcoin assets on its balance sheet, they are well positioned to succeed in this revolutionary space.

In our exclusive Deal Night event interview, we sat with Chairman & CEO Shone Anstey to discuss how LQwD is growing its network, nodes, and presence in crypto. 📈

If you are interested in investing in the Bitcoin industry, you won’t want to miss out on this interview with Mr. Anstey as he breaks down the incredible potential of Bitcoin and the Lightning Network. 💎

Top News

BlackRock partners with Coinbase to bring crypto to clients

Coinbase (COIN) has certainly had its fair share of controversy recently, but that isn’t stopping them from landing major deals with powerful partners like BlackRock.

In this monumental partnership, crypto’s eternal entrenchment into society is one large leap closer as the crypto exchange signs a contract with the largest asset manager in the world.

💎 The deal will allow BlackRock’s institutional clients to buy Bitcoin and, “manage their bitcoin exposures directly in their existing portfolio management and trading workflows,” per Joseph Chalom, global head of strategic ecosystem partnerships at BlackRock.

💰 In total, Black Rock manages more than $9.5 trillion, with the next largest asset manager being Vanguard Group at $8.1 trillion.

📈 Coinbase experienced a major surge in stock price, jumping nearly 40% when the deal was first announced; it is currently up 64.32% since the beginning of the month.

🤔 Analysts are explaining that a short squeeze similar to the one experienced by GameStop (GME) in 2021 might be happening to Coinbase, with more than 22% of their shares being shorted at this time.

Is Coinbase (COIN) a viable option for investors looking to enter the crypto market?

Zillow’s Q3 forecast hints poor outlook for the housing market 

Zillow (Z), a real estate listings website saw its shares fall hard this week after posting a mediocre Q2 earnings report, and an even more disappointing outlook for Q3 and beyond.

With US housing sales falling 19.96% YoY, the real estate market is experiencing a major contraction after achieving record high prices the year before.

🏚 CEO Rich Barton and CFO Allen Parker reported to shareholders, “Across the industry, we are seeing price growth meaningfully soften on pending sales and new mortgage applications, with for-sale inventory levels rising as homes spend more time on the market.” 

📉 Zillow achieved $1 billion in revenue for the second quarter, a 23% drop from the same quarter last year, and they are expecting revenue to decline over 50% in Q3, falling in the range of $431 million to $461 million.

😭 They are also anticipating EBITDA to be poor with it being in the range of $73 million to $88 million, much lower than analysts’ forecast of $171 million.

Here is how online real estate stocks performed YTD:

  • Zillow (Z) = -43.48%
  • Opendoor (OPEN) = -60.99%
  • Redfin (RDFN) = -73.49%
  • Air BnB (ABNB) = -29.81%

Do you think it is likely we have a housing crash like the one in 2008?

AMTD Digital (HKD), the next great meme stock

Game Stop (GME) and AMC Entertainment (AMC) investors should be trembling in their boots this week as the next great meme stock, AMTD Digital (HKD), a little-known Hong Kong-based fintech company, takes over the world.

In a fury, AMTD saw a massive climb and crash in share price with no real explanation for why the stock would behave that way.

🚀At its peak, on Tuesday, it was trading at $2500 per share versus its IPO price of $7.80, up a staggering 21,400% since its IPO in late July.

🤑 The stock price surge increased Chairman Li Ka-Shing’s net worth to $37 billion in a matter of weeks.

🤯 At one point, AMTD’s market cap was above $310 billion, making it one of the thirty largest companies in the world (by market cap), and bigger than the likes of Coca-Cola, Bank of America, and Alibaba.

For context, here is the market cap to revenue relationship for these four companies:

  • AMTD Digital (HKD): $310 billion MKT to $25 million Rev
  • Coca-Cola (KO): $273 billion MKT to $38.7 billion Rev
  • Bank of America (BAC): $275 billion MKT to $89.1 billion Rev
  • Alibaba (BABA): $243 billion MKT to $126 million Rev

AMTD Digital to the moon?

Here is what our IG community had to say 👇🔥



More than 80% of the stock market is now automated.

Investing is a game that is riddled with emotion whereby investors hope to acquire wealth by purchasing and selling a multitude of assets available in the financial markets.

Yet in recent times, artificial intelligence has been replacing traditional asset managers to eliminate human emotion by applying logical algorithms for every investment decision.

While it is unclear how Robo-advisors fair in comparison to their human counterparts, one thing is certain, automation is becoming the norm in most industries whether we like it or not.

💸 Robo-advisors manage $1.7 trillion of assets, a figure projected to grow by 25% in 2022.

🤖 The number of worldwide users of Robo-advisors is expected to be nearly 479 million by 2025.

🌟 Robo-advisor annual fees average about 0.50% of assets under management, while human advisors often charge from 1% to 2%.

Who would trust more to manage your money: a Robo-Advisor or a Human?




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