The New Money
Posts
Druckenmiller's Double Down, The Big Business of Space, And The Next Huge Copper and Gold Deposit

Druckenmiller's Double Down, The Big Business of Space, And The Next Huge Copper and Gold Deposit

The markets and trends that matter, made simple. Discover what’s next.

November 16, 2024

Stanley Druckenmiller Is Doubling Down On Bitcoin Mining

Legendary billionaire investor and former Wall Street hedge fund manager Stanley Druckenmiller has has increased his family office’s equity position in Bitcoin miner TeraWulf (NASDAQ: WULF) according to new filings made with the United States Securities and Exchange Commission.

Satellites and Space Are Proving To Be Big Business

Rocket Lab (NASDAQ: RKLB) announced their financial results from their most recent quarter, which saw revenue surge by 55% year-over-year to $105 million, validating massive growth in multiple aspects of their launch operations.

Could The Next Huge Copper And Gold Deposit Be Hiding In Quebec?

Abitibi Metals (CSE: AMQ) announced new results from their updated resource estimate which shows they have significantly expanded the deposit size for contained gold, silver, copper, and zinc at their flagship B26 Deposit located in Quebec, Canada.

The Sprint

Cybin (NYSE: CYBN) is launching their Phase III clinical trial for their novel psychedelic therapeutic CYB003 for the treatment of major depressive disorder.
Robinhood (NASDAQ: HOOD) has listed Solana for users to be able to trade within their brokerage platform.
Oklo (NYSE: OKLO) entered into new agreements with two data centre operators to provide them with nuclear power.
Quantum Computing Inc. (NASDAQ: QUBT) landed the first order for their thin film lithium niobate photonic chips from a research and technology institute located in Asia.
The State of Pennsylvania became the first state government to propose a bill focused on purchasing Bitcoin to hold directly as an asset.
Joby Aviation (NYSE: JOBY) has officially begun construction of their electric air taxi vertiport located at the Dubai International Airport.
Electric motorcycle company Damon Motorcycles successfully completed its business combination with Grafiti Holding and will begin trading on the Nasdaq.

The Markets This Week

+116.8% | Quantum Computing Inc. (NASDAQ: QUBT) is in the final phase of building out their quantum photonic chip foundry located in Tempe, Arizona.

+60.5% | Bloom Energy (NYSE: BE) recently announced they will be supplying fuel cells for the world’s largest single-site fuel cell installation in South Korea.

+40.6% | Rocket Lab (NASDAQ: RKLB) has been breaking space launch records recently, completing their 54th Electron mission.

+29.0% | Hut 8 (NASDAQ: HUT) previously deployed their first revenue generating GPU cluster to provide access to computing for artificial intelligence workloads.

+27.7% | Intuitive Machines (NASDAQ: LUNR) was previously awarded the Near Space Network contract from NASA that has a maximum value of up to $4.82 billion.

+26.0% | MicroStrategy (NASDAQ: MSTR) recently announced plans to raise up to $42 billion in new capital to acquire more Bitcoin.

+25.0% | MiMedia Holdings (TSXV: MIM) previously rolled out their next generation consumer cloud technology platform onto Schok devices in the United States Of America.

Looking to connect? Reach out and get in touch.

New here? Join our community of 40,000+ individuals interested in uncovering the world’s most exciting early stage companies.

Disclaimer: The New Money provides background information on early stage companies from publicly available sources. The New Money provides no advice on dealing in securities, is not a financial adviser and does not pretend to be so. This message is meant for information and educational purposes only. The information contained in this email is not to be considered factual or complete. Anybody interested in obtaining financial and other information on companies mentioned is advised to get it direct from the companies, or from their own investment adviser. The New Money does not intend for this information to be used to inform an investment decision. The New Money has been compensated by some of the companies mentioned in this email for awareness campaigns, which affects our ability to be unbiased. The Principals of The New Money may buy or sell shares of the mentioned companies without further notice. This is why we stress that you conduct extensive due diligence as well as seek the advice of your financial advisor or a registered broker-dealer before investing in any securities. The New Money and its principals and agents are not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Always do your own research and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment. Investing is inherently risky. While a potential for rewards exists, by investing, you are putting yourself at risk. You must be aware of the risks and be willing to accept them in order to invest in any type of security. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy or Sell securities. No representation is being made that any stock trade will or is likely to achieve profits. Comparisons made to other featured companies or past performance is not indicative of future results.