Finimize - 😭 Nvidia abandons ARM

No ARM done | Pfizer's vaccines are still hot stuff |

Hi Reader, here's what you need to know for February 9th in 3:15 minutes.

🍀 Turns out you can have it all, at least when it comes to crypto. Join sustainability expert Kirsteen Harrison for How To Paint Your Crypto Green on Wednesday, and find out how to make money from crypto without hurting the environment. Get your free ticket

Today's big stories

  1. Nvidia’s planned acquisition of ARM has finally fallen through
  2. NFTs have stayed firm even as crypto’s been crashing, and our analyst has a few theories why – Read Now
  3. Pfizer sold $13 billion worth of vaccines last quarter

Hard Knock Life

Hard Knock Life

What’s Going On Here?

Nvidia announced this week that it’s abandoning its acquisition of British chip designer ARM, and the chipmaker’s never looking back.

What Does This Mean?

Nvidia announced plans to buy ARM from Japanese conglomerate SoftBank back in September 2020, in hopes of expanding its reach across the entire semiconductor industry. But that lofty goal was also why the $40 billion deal was arguably doomed from the start, with some of ARM’s biggest customers – including Microsoft and Qualcomm – expressing worries that Nvidia would end up with too much control over chip designs. The US government seemed to agree, which might be why it moved to block the deal back in December.

So this week, Nvidia finally abandoned what would’ve been the biggest deal in the history of the chip industry. SoftBank, for its part, responded with plan B: it’s planning to list ARM on the stock market by March next year (tweet this).

Why Should I Care?

Zooming in: That’s got to hurt.
SoftBank will receive a breakup fee of up to $1.3 billion from the failed deal, but the company would’ve made a lot more had the deal gone through – more even than the $40 billion initially proposed. See, Nvidia was planning to buy ARM partly using its own stock, which has more than doubled since the agreement was first struck. That means the deal would now have actually been worth as much as $80 billion.

The bigger picture: SoftBank’s bad year.
SoftBank could’ve done with that cash: the company reported on Tuesday that its profit fell 97% last quarter versus the same time in 2020, after its investments in tech stocks plummeted amid looming interest rate hikes. This money, then, could’ve helped it buy back some of its shares – which have collapsed 45% in the last year – and boost the value of those left over. That’s left SoftBank scrambling to raise cash some other way, which might be why it’s now reportedly thinking of selling some of its substantial holdings in Chinese giant Alibaba.

Copy to share story: https://www.finimize.com/wp/news/hard-knock-life/

🙋 Ask a question

Analyst Take

Why Are NFTs Defying The Crypto Crash?

Why Are NFTs Defying The Crypto Crash?
Photo of Reda

Reda, Analyst

What’s Going On Here?

By the end of January, bitcoin and ether had lost nearly half their value from their all-time highs.

And after the two biggest cryptocurrencies collapsed, the rest of the market wasn’t far behind.

That makes sense, since you’d expect speculative assets to be hit the hardest when central banks are beginning to tighten monetary policy.

The odd thing is, the top 100 NFT collections – arguably even more speculative – only lost 15% of their value in the same period, according to DappRadar.

In fact, “blue-chip” NFT collections – like Bored Ape Yacht Club, World of Women, and Doodles – have all actually increased in dollar value since November.

So what gives?

That’s today’s Insight: why NFTs are defying the crypto crash.

Read or listen to the Insight here

SPONSORED BY BLACK SHEEP COFFEE

See your name in graffiti

Black Sheep Coffee has some banging coffee, sure, but it’s the NFTs that’ll really perk you up.

That’s right, Black Sheep just minted a brand new NFT collection, each one designed by an artist to represent a specific Black Sheep coffee shop.

Buying one gets you your own piece of artsy-meets-coffee heaven, and you’ll be investing in one the hottest digital assets out there today.

And get this: collect them all and Black Sheep’s graffiti artists will paint your portrait as a giant mural in a brand new coffee shop, and you’ll get a tonne – literally 1,000 kilos – of coffee beans too.

Who knows, you might be the next Mona Lisa: start collecting NFTs today.

Buy NFTs Today

Nobody’s Fool

Nobody’s Fool

What’s Going On Here?

Pfizer revealed on Tuesday that it sold $13 billion worth of its Covid vaccine last quarter, as all you suckers for rational, peer-reviewed science play right into the drugmaker’s hands.

What Does This Mean?

Pfizer – which posted its quarterly earnings on Tuesday – is making hay while the sun shines, with sales of its Covid vaccine representing 52% of its total revenue last quarter. Trouble is, revenue from the company’s hospital segment – which specializes in things like surgical products – barely moved at all, while its internal medicine business (think heart and diabetes drugs) fell 3% compared to the same time in 2020. That brought Pfizer’s overall revenue in below analysts’ expectations for the quarter, even though it was more than twice as high as the year before. And while Pfizer thinks it’ll rack up record revenue this year, it fell short of analysts’ expectations there too – which might be why investors initially sent the company’s stock down 5%.

Why Should I Care?

Zooming in: Pfizer’s got leverage.
Pfizer can’t rely on its vaccine forever, which might be why analysts think it’ll start buying up biotech companies and expand into other treatments. There are a couple of reasons why now’s a good time to do just that. For one thing, biotechs are looking cheap: an index tracking some of the biggest biotech stocks is down over 20% in the last year. And for another, Pfizer’s stock – which is up 50% over the same period – is a pretty strong bargaining chip in negotiations.

The bigger picture: A big year for deals?
Pfizer’s not the only drugmaker with money to spend: analysis out in December showed that 18 of the biggest in Europe and the US have a potential cash pile of over $1.7 trillion between them this year. And sure, they might use that money to buy back shares or increase dividends, but some analysts think they’ll make up for a slow 2021 by splashing out on deals instead.

Copy to share story: https://www.finimize.com/wp/news/nobodys-fool/

🙋 Ask a question

💬 Quote of the day

“I’d rather regret the things I’ve done than regret the things I haven’t done.”

– Lucille Ball (an American actress, comedian, and producer)
Tweet this

SPONSORED BY TITAN

Invest in crypto without lifting a finger

So you want to actively invest in crypto, but don’t want to spend all your time reading up on it.

With Titan Crypto, you’ll have an in-house team of investment experts doing the hard yards for you, researching and weighting an actively managed crypto portfolio.

Your money will be invested in a concentrated number of what Titan’s experts believe to be the best large cap cryptoassets, with the goal of serious gains over the next 3-5 years.

And they hit upon them by using deep fundamental and quantitative research to identify real quality in the crypto market – not one-hit wonders.

Let Titan do the work for you: invest in the best crypto with Titan.

Back The Next Bitcoin

Refer to Titan’s Program Brochure for more information. Certain investments are not suitable for all investors. Before investing, consider your investment objectives and Titan’s fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Brokerage services are provided to Titan Clients by Apex Clearing, an SEC registered broker-dealer and member FINRA/SIPC. For more information, see our disclosures. At this time, New York state residents cannot yet invest in Titan Crypto.

Pending regulatory approval, we’ll notify users once New York state is approved to invest in Titan Crypto. The image is for illustrative purposes only and does not represent actual performance of any strategy. Past performance is no guarantee of future results. Investing includes the risk of loss. Cryptocurrency advisory services are provided by Titan Global Capital Management USA LLC. Cryptocurrency execution and custody services are provided by Apex Crypto LLC (NMLS ID 1828849).

When you support our sponsors, you support us. Thanks for that.

🎯 On Our Radar

  1. Elon Musk wants a favor. Issue is, a teenager on Twitter wants $50,000 for it.
  2. Know crypto upside down, inside out. Get courses, webinars, eBooks, reports, how-to videos, and much more free with Dacxi Learn.*
  3. How Lily became Pam. Inside the transformation that has everyone talking.
  4. Earth has a new stalker. It might hang around for over 4,000 years.
  5. About that Tinder Swindler guy. The true story of Netflix’s latest villain.

When you support our sponsors, you support us. Thanks for that.

🌎 Finimize Live

🙏🏼 Put your faith in Big Tech

Would you trust fall into Zuckerberg’s arms? Rely on Bezos to help you out when you’re having a hard day? Tell Musk your biggest secret? If you’re hesitant, come along to How To Make Tech Companies Do Better event, and find out how to make Big Tech a lot more trustworthy.

How To Paint Your Crypto Green: 6pm UK time, February 9th
🤓 How To Make Tech Companies Do Better: 3pm UK time, February 11th
👊 How To Beat Inflation (Without Getting Risky): 5pm UK time, February 16th
🔥 Getting The Most Out Of Your Investing Strategy: 5pm UK time, February 17th
👀 How To Pick A Stock Market Winner: 6pm UK time, February 22nd
🎉 Getting Started With NFTs: 5pm UK time, February 23rd
🌿 Getting To Grips With ESG Investing: 6pm UK time, February 24th
🏡 Your Guide To Opportunity Zones: 5pm UK time, February 25th
🎨 How NFTs Are Resculpting The Art Industry: 5pm UK time, March 1st
📈 How Regulation Could Impact Your Crypto: 6pm UK time, March 3rd
🌟 How To Pick A Metaverse Winner: 7pm UK time, March 4th
🚀 Everything You Need To Know About The Metaverse: 6pm UK time, March 8th
🥊 The Art Of Beating The Market: 6pm UK time, March 14th

❤️ 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: TaraPatta – Shutterstock | Peshkova and Jolygon – 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

🚴‍♀️ Nike takes on Amazon

Monday, February 7, 2022

Amazon and Nike want their own Peloton bikes | Tyson sold a lot of meat for a lot of money | TOGETHER WITH Hi Reader, here's what you need to know for February 8th in 3:14 minutes. 🌿 You can do

😏 Vaccinations work

Sunday, February 6, 2022

The US has jobs to spare | Snap is back in style | TOGETHER WITH Hi Reader, here's what you need to know for February 7th in 3:02 minutes. 🍀 Bitcoin's been criticized for its negative

💵 Take our money, Amazon

Thursday, February 3, 2022

Your Prime's about to get pricier | Rate hikes come thick and fast | TOGETHER WITH Hi Reader, here's what you need to know for February 4th in 3:13 minutes. ✅ There's more to a successful

📉 Meta: new name, same problems

Wednesday, February 2, 2022

A Meta can't change its spots | PayPal's our hero | TOGETHER WITH Hi Reader, here's what you need to know for February 3rd in 3:13 minutes. 🌾 There are a lot of crypto projects out there to

📈 Way to go, Google

Tuesday, February 1, 2022

Another happy customer | Anything Microsoft can do, Sony can do better | TOGETHER WITH Hi Reader, here's what you need to know for February 2nd in 3:11 minutes. 💸 So you're looking to top up

You Might Also Like

🤝 Amazon doubled down on AI

Thursday, March 28, 2024

China's green energy goodies are too cheap for the US | Amazon doubled down on Anthropic | Finimize TOGETHER WITH Hi Reader, here's what you need to know for March 29th in 3:12 minutes. 🌞 As

🤝 Amazon doubled down on AI

Thursday, March 28, 2024

China's green energy goodies are too cheap for the US | Amazon doubled down on Anthropic | Finimize TOGETHER WITH Hi Reader, here's what you need to know for March 29th in 3:12 minutes. 🌞 As

China’s ‘lost decade’

Thursday, March 28, 2024

Bloomberg Evening Briefing View in browser Bloomberg Ray Dalio has a warning for China. The hedge fund titan says the country should cut its debt and ease monetary policy or face “a lost decade.” China

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. ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌