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Microstrategy chosen over Intel as AI + crypto bet

DeFi Daily News by DeFi Daily News
July 30, 2024
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On Tuesday’s edition of Good Buy or Goodbye, host Julie Hyman and Defiance ETFs CEO Sylvia Jablonski discuss two picks that are leaning into AI-related innovation.
Jablonski considers MicroStrategy (MSTR) a “good buy,” noting that it participates in the AI innovation trade via business intelligence tools and is a clever way to play crypto. Further, the company is integrating blockchain into its business by developing bitcoin applications. On the other hand, Jablonski says “goodbye” to Intel (INTC), given that the stock is among the weakest performers in the S&P 500 (^GSPC) and that it recently reported “disappointing” earnings.
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Tags: BetBondsbusinessChosenCryptoCurrenciesEquitiesFXIntelInvestingInvestmentMarketMarketsMicroStrategyMoneyNewsNYSEPersonal FinancePoliticsSavingsStock marketstocksYahoo FinanceYahoo FInance Premium
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