The stock market is bearish but there are still some deals to made in the overall market. When the market is bearish, this is the best time to get some stocks while they are essentially on sale. This crash has been made by a multitude of factors including inflation, FOMC statements, interest rates and shipping issues.
Google(GOOGL) recently announced that they will be doing a 20-for-1 stock split that will take effect in July. This is a great opportunity for investors especially retail investors to grow your account. When Tesla ($TSLA) and Apple ($AAPL) did a 5-for-1 stock split in 2021 it helped both companies raise money but also raised there stock prices as well. Apple went on to reach a $3T trillion dollar market cap. Stock splits are a great way to grow your account.
Microsoft has bought Activision Blizzard for $68.7 billion dollars. Activision Blizzard is famous for games like Candy Crush, Call of Duty, Diablo and World of Warcraft. This is a huge move for Microsoft ($MSFT) and Activision Blizzard ($ATVI) who are both publicly traded. This move comes as the hot topic in 2022 will be the Metaverse.
Sony ($SONY) has bought Bungie for $3.6 billion dollars. Bungie is most known for the Halo and Destiny game series. This is a huge move for Sony with the huge success of the PS5 console. This move comes as the metaverse wars begin to heat up in 2022.
Amazon ($AMZN) also had there earnings last week were they showed that they are equipped to handle any market crisis. Amazon outlined its plan to mitigate shipping delays as well as worker shortages. They also plan on gaining more revenue by increasing the price of Prime from $119 to $139 for all customers.
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I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read and/or view and/or hear on the channel.
