LucaMeer
Dear investors, Today I will present you with some important updates. 21Shares has officially launched an ETP on $DOGE (Dogecoin) and approved by the Dogecoin Foundation, listed on exchanges in Switzerland. This is another major step forward for cryptocurrencies, and in particular for Dogecoin, which has gone from being a meme coin to being one of the most widely used and recognized cryptocurrencies globally with a capitalization of $46 billion. Another step towards a more amlia adoption of cryptocurrencies, which, albeit amid regulatory difficulties and still being defined, various ostracizations, continue to plunder ground and those who place in them a business that can yield a lot, are pressing to continue in the direction of a global and branched adoption. ------------------------------------------------- $AMD (Advanced Micro Devices Inc) I have yet to analyze the results of the 2024 financial statements, but in the meantime we can say that the company continues to navigate difficult and unsafe waters, which have become potentially deadly with the tariff policy introduced by the United States. After heavy losses, we saw a recovery thanks to the news that chips and electronic materials would be exempt from 145% duties, but only subject to a basic tariff. Instead, yesterday the news that $NVDA (NVIDIA Corporation) could lose $5.5 billion due to canceled orders of H20 chips due to the new need to obtain a license to trade them with China, brought the stock back into the abyss. The questions are: what damage could AMD suffer due to the Trump administration's stricter restrictions, compared to the Biden era? Had AMD anticipated such problems? And above all, will it be able to handle them? In-depth research will be necessary in this regard, it will not be easy to understand the situation for the company in a short time. It is certainly very complicated, but that does not mean that it cannot overcome the challenges that are hindering its path. A careful analysis will be necessary on my part to understand whether to continue to keep the stock in the portfolio or not. Meanwhile, AMD, like Nvidia, is also increasing its efforts to boost production in the United States. The decision is to produce its own chips at the $TSM (Taiwan Semiconductor Manufacturing Co Ltd - ADR) plant in Arizona. This plant has been operational since 2024 and is expected to expand to double its size, thanks in part to the $6.6 billion state grant from the Chips Act passed (before Trump became President). ------------------------------------------------- $ISP.MI (Intesa Sanpaolo Group) A few days ago I published the post in which I examined the bank's FY24 results, today I will add new information that will further consolidate the leadership role played by ISP in Italy. The Bank and its long-standing partner Bancomat have entered into an agreement (also with Google) to allow customers to pay without a card, but using their smartphones. Bancomat therefore enters the digital payments landscape in Italy, further strengthening its position. Intesa San Paolo does the same with this agreement, strengthening its role as an innovator and offering customers a broader solution of digital payments. In addition, the bank has finalized an agreement with the company Grenke Italia (through the parent company Grenke AG) which operates in the instrumental rental market of goods and services to businesses. The bank will take possession of a 17% stake and Grenke Italia in exchange for the contribution of RentForYou of Intesa San Paolo (a company dedicated to instrumental rental) thanks to which the company will strengthen its presence in the instrumental operating rental sector. A further agreement provides for access to the services and products offered by Grenke by ISP customers. Grenke offers a very interesting solution for Italian SMEs, allowing them to rent tools and services without having to face the exorbitant costs of an investment, also being able to fully deduct the expense incurred for the rental. This also allows the medium-small companies of the country to make use of services and capital goods that are always updated and never obsolete. S&P Global Rating upgraded the rating of the long-term senior preferred (unsecured) from "BBB" to "BBB+" with a stable outlook, while the short-term rating of "A-2" was affirmed. ------------------------------------------------- Continue in the comment...
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