Nvidia (NVDA) reported earnings yesterday and one thing is clear: the gaming market is BOOMING.
Nvidia’s gaming unit grew by a crazy 85%. And it would have grown even more if not for supply issues.
It will be interesting to see if this helps the struggling meme stock Corsair (CRSR), which has been sliding down:
Another name to watch: Turtle Beach (HEAR), which makes gaming/streaming products like headsets, microphones, and controllers.
Weirdly, Turtle Beach just rejected a $36.50/share all cash offer from The Donerall Group.
So that’s a name to watch.
Other Meme Stock Headlines:
Why Tilray Bears Could Go Up In Smoke If History Repeats – Tilray may be making its way to the US cannabis market.
3 Reasons to Buy Palantir, and 1 Reason to Sell – Palantir probably has more potential than 90% of meme stocks so it’s worth reading this case.
Coinbase CEO Reveals $500 Million Bitcoin, Ethereum And Crypto Bombshell As The Market Price Breaks $2 Trillion – Coinbase has a VERY interesting balance sheet…