Finimize - 💸 NFTs really can make you money

Nike's just done it | Micron's sales aren't so micro |
Finimize

Hi Reader, here's what you need to know for December 22nd in 3:13 minutes.

☕️ Finimized over a cappuccino at Cafe Wander in Glasgow, Scotland (🌥 3°C/37°F)

Today's big stories

  1. Nike reported better-than-expected results despite factory shutdowns
  2. Our analyst has laid out two strategies that can actually make you money from NFTs – Read Now
  3. American chipmaker Micron reported better-than-expected results

Just Beat It

Just Beat It

What’s Going On Here?

Nike put its signature swoosh to use earlier this week, as the world’s largest athletic brand crossed “reporting better-than-expected results” off its remaining tasks for the year.

What Does This Mean?

Nike had a lot on its plate coming into last quarter, including hefty production delays after a Covid outbreak shut its Vietnamese factories – yup, the ones that makes about half of its shoes. That really hurt its Asian sales: in China, for example, Nike brought in 20% less revenue last quarter versus the same time last year.

But don’t feel too sympathetic: Nike still managed to get enough goods to the US to meet strong demand, so revenue in North America – the company’s biggest market – grew by 12% last quarter. Mix in that the athletic giant continued to distance itself from discount-happy wholesale partners – pushing more sales through its own channels instead – and you’ll see how revenue from direct sales grew by 9% last year. All in, then, overall profit jumped by a better-than-expected 7% last quarter versus last year, and investors sent Nike’s shares up 3%.

Why Should I Care?

The bigger picture: Nike’s ticking off the metaverse.
Looks like Nike wants a run at the fast-growing metaverse: the company announced last week that it had bought virtual sneaker company RTFKT. And since digital goods cost a lot less to make than physical ones, this could signal the start of a highly profitable revenue stream for the company – and one that isn’t affected by supply chain issues either.

Zooming out: China’s losing pace.
Nike’s not the only company seeing lower sales in China: data out last week showed that Chinese retail sales grew by less than expected last month, adding to worries that the world’s second-largest economy is slowing down. But this might help: the country’s central bank cut an important interest rate earlier this week, and since banks use it to price their loans, that could help boost spending and reinvigorate the economy.

Copy to share story: https://www.finimize.com/wp/news/just-beat-it/

🙋 Ask a question

Analyst Take

How To Actually Make Money From NFTs

How To Actually Make Money From NFTs
Photo of Reda

Reda, Analyst

What’s Going On Here?

NFTs – unique digital assets hosted on a blockchain – have skyrocketed in popularity over the last year.

And investors have flocked to the market, not least because they believe they can achieve big gains by purchasing NFTs and selling them later for a profit.

But a new study shows that only a small portion of participants reap most of the gains.

These successful NFT investors have two different strategies, depending on whether they buy them from creators during the minting process or from other users via a marketplace.

And if you dig deeper into what they’re doing, you can replicate their successful NFT investing strategies.

So that’s today’s Insight: the two investment strategies that can actually make you money from NFTs.

Read or listen to the Insight here

🤩 Fancy this space?

Lovely little spot this, isn’t it?

And it just so happens to be the perfect place for you to showcase your business to our one million engaged investors.

If you share our goal of changing the finance world for the better, then chat to us about our daily newsletter placements.

We can’t wait to see you here soon.

Work With Us

Lucky Streak

Lucky Streak

What’s Going On Here?

Micron reported better-than-expected earnings earlier this week, as the chipmaker cashed in thanks to a string of fortunate events.

What Does This Mean?

Micron makes a lot of its money by selling chips to PC manufacturers, so it was positively gleeful last quarter when they upped their orders, spurred on by more availability of other computer parts. The American memory chip maker doesn’t want all its eggs in the PC basket though, so it’s been pushing into other areas like the automotive industry and data centres. That might just be working: its revenue from those segments jumped by 25% and 70% respectively last quarter versus last year. And what’s more, the mix of strong demand and ongoing shortages meant Micron could charge a higher price for its chips, which helped it grow overall revenue by a better-than-expected 33% last quarter versus the same time last year (tweet this).

Why Should I Care?

For markets: 2022 is Micron’s year.
Micron needs the boost: its stock was only up 11% so far this year before the results, well behind the 34% rise of an index tracking 30 of the biggest chipmaking firms. But it’s up for the challenge: Micron gave a better-than-expected revenue outlook for this quarter, and it even reckons it can bring in record revenue next year. Investors respected its ambition, and sent Micron’s stock up 9% after the news.

The bigger picture: Chipmakers might be getting ahead of themselves.
Micron’s got big plans: it wants to invest as much as $12 billion into new equipment and plants over the next year. That’s not unusual: a slew of chipmakers have been investing to increase their capacity during the chip shortage, but some analysts have reservations. See, they reckon if the strong demand for chips ends up dropping off – due to an economic slowdown, say – then those chipmakers could find themselves with too many chips. That could send chip prices falling, and do some damage to chipmakers’ bottom lines.

Copy to share story: https://www.finimize.com/wp/news/lucky-streak/

🙋 Ask a question

💬 Quote of the day

“What would you do if you weren’t afraid?”

– Sheryl Sandberg (an American business executive, billionaire, and philanthropist)
Tweet this

🌎 Finimize Live

🎨 Good things come to those who create

A massive part of the appeal of the blockchain and DeFi projects is the possibility for an internet driven by the people who make it what it is – not the companies who exploit their work. So consider How To Invest In The Creator Economy your introduction to how this new landscape will look, and how you can exploit their work instead.

🎉 How To Invest In The Creator Economy: 5pm UK time, January 11th
How Will The Stock Market Perform In 2022?: 6pm UK time, January 13th
🇨🇳 3 Reasons To Invest In Chinese Stocks: 5pm UK time, January 18th
🏡 An Alternative Way To Invest In Real Estate: 5pm UK time, January 19th
📲 Investing In DAOs: 5pm UK time, January 25th
⚡️ How To Invest In The Energy Transition: 6pm UK time, January 26th
🎟 How NFTs Will Transform The Future Of Events: 5pm UK time, January 27th
🔥 Your Guide To New Investing Opportunities: 6pm UK time, January 28th
🚀 Will The Future Be Tokenized?: 6pm UK time, January 31st
💸 How To Earn A Passive Income From Franchise Investing: 6pm UK time, February 1st

🎯 On Our Radar

  1. The holidays are here – almost. Better make sure you make the most of them.
  2. Good luck borrowing sugar from next door. Gone are the days of neighbourhood support.
  3. There’s an easy way to cure creative burnout. Time to set your alarm.
  4. OnlyScams. Who’s actually reading your messages?
  5. Clif’s best friend. Dog food just got delicious.
❤️ Share with a friendYour Referrals: 0

Thanks for reading Reader. If you liked today's brief, we'd love for you to share it with a friend. If they sign up on your unique link, you’ll earn some sweet swag.

Share your unique link:

https://finimize.com/invite/?kid=177ZWC

You stay classy, Reader 😉

We’d love to hear your thoughts. Give feedback

Want to advertise with us too? Get in touch

Image Credits:

Image credits: Thomas Bormans - Unsplash | Christos Georghiou, mStudioVector, Valeriy Lebedev - Shutterstock

Preferences:

Update your email or change preferences

View in browser

Unsubscribe from all Finimize Emails

😴

Crafted by Finimize Ltd. | Bow Bells House, Bread Street, London, EC4M 9HH

All content provided by Finimize Ltd. is for informational and educational purposes only and is not meant to represent trade or investment recommendations. You signed up to this mailing list at finimize.com or through one of our partners. © Finimize 2021

View Online

Older messages

💀 RIP US spending bill

Monday, December 20, 2021

America's most powerful politician | Here come the lockdowns | TOGETHER WITH Hi Reader, here's what you need to know for December 21st in 3:09 minutes. ☕️ Finimized over an extra-hot hot

😔 Rivian... is not Tesla

Sunday, December 19, 2021

EV's all that | FedEx has a chiseled jawline | TOGETHER WITH Hi Reader, here's what you need to know for December 20th in 3:09 minutes. ☕️ Finimized over a cortado at Fábrica da Nata in Lisbon,

📈 The first major rate hike arrives

Thursday, December 16, 2021

Interest rates just got interesting | SenseTime plays Chumbawamba | TOGETHER WITH Hi Reader, here's what you need to know for December 17th in 3:10 minutes. 🥛 Finimized over a milkshake at

🤦‍♂️Britain gets post-Brexit regret

Tuesday, December 14, 2021

The UK: whoops, my bad | Toyota is slow on the uptake | TOGETHER WITH Hi Reader, here's what you need to know for December 15th in 3:12 minutes. 🍷 Finimized over a mulled wine at the Lamb &

💉 Pfizer spends its vaccine money

Monday, December 13, 2021

Pfizer buys into bowels | Fly me to the moooon | TOGETHER WITH Hi Reader, here's what you need to know for December 14th in 3:06 minutes. 🥳 It's the most wonderful time of the year: the

You Might Also Like

Looking to buy a home? Good news.

Thursday, March 28, 2024

Don't miss out on lower mortgage rates ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌

This woman made investing history

Thursday, March 28, 2024

And so can you. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

The Simple Solution Worth Billions to Walmart and Amazon

Thursday, March 28, 2024

The following is a third-party sponsored message. It should not be considered a recommendation or endorsement by HS Dent Publishing. Dear Investor, In warfighting, there's a saying: "Amateurs

Markup matters: monetary policy works through aspirations

Thursday, March 28, 2024

Tim Willems and Rick van der Ploeg Since the post-Covid rise in inflation has been accompanied by strong wage growth, interactions between wage and price-setters, each wishing to attain a certain

🇯🇵 Japan's latest low

Wednesday, March 27, 2024

Visa and Mastercard cut merchants some slack | Japan's yen hit a 30-year low against the US dollar | Finimize TOGETHER WITH Hi Reader, here's what you need to know for March 28th in 3:14

‘Out of the blue’ correction

Wednesday, March 27, 2024

Bloomberg Evening Briefing View in browser Bloomberg With a number of market watchers warning of a bubble, traders are increasingly on the lookout for signs of the cliff's edge. But if you ask

🗺️ Your guide to a finance mega-trend

Wednesday, March 27, 2024

Plus, “money dysmorphia” and how to choose between a 401(k) and IRA. ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌ 

How to keep your crypto gains more secured

Wednesday, March 27, 2024

Don't risk losing your savings to hackers. ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌

Issue #231: Why some people don’t have bank accounts

Wednesday, March 27, 2024

plus speed puzzling + the quad God ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌

Harry's Take 3-27-24 Expecting a Deeper Recession

Wednesday, March 27, 2024

image Harry's Take March 27, 2024 Each Recession Since 1990 Has Been Deeper The 1990 recession was small and shallow. The great Baby Boom economic explosion began in 1983, anticipated by the 1982