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Home»Market»The Future of Crypto, the GameStop Boost, and the Rise of the AI ​​Private Market: Market Roundup
Market

The Future of Crypto, the GameStop Boost, and the Rise of the AI ​​Private Market: Market Roundup

December 31, 2024No Comments
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Illustration: Chesnot (Getty Images), Photo: Scott Olson (Getty Images), Michael Nagle/Bloomberg (Getty Images), Jose Luis Pelaez (iStock by Getty Images)
Illustration: Chesnot (Getty Images), Photo: Scott Olson (Getty Images), Michael Nagle/Bloomberg (Getty Images), Jose Luis Pelaez (iStock by Getty Images)

kinjavideo-197420

Jason Trennert, Chairman and CEO of Strategas, spoke with Quartz for the latest installment of our “Smart Investing” video series.

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Illustration: Chesnot (Getty Images)
Illustration: Chesnot (Getty Images)

The cryptocurrency market is experiencing a decline as the end-of-year holidays approach. As many investors suspend their usual spending and investing activities, the market is experiencing a temporary lull. However, this slowdown is likely temporary and investors should return with renewed energy as the new year brings new opportunities.

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Photo: Scott Olson (Getty Images)
Photo: Scott Olson (Getty Images)

Shares of popular meme stock GameStop (GME) (GME) rose Thursday afternoon after Keith Gill, the investor known as “Roaring Kitty,” shared an image of a wrapped Christmas present on X .

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Photo: Michael Nagle/Bloomberg (Getty Images)
Photo: Michael Nagle/Bloomberg (Getty Images)

Wealthy investors are flocking to artificial intelligence startups – and fueling a private market renaissance.

To get a piece of today’s pioneering AI companies, investors must go through private markets, where most tech startups still reside. Waves of new technology have long resulted in new companies and eager investors hoping to be among the first to sink money into the next big project. But the AI ​​boom comes at a time when private companies are much more numerous and tend to wait longer to go public. The allure of AI serves as a gateway for wealthy investors to put more money into a wider range of private companies, wealth managers and others say.

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Photo: José Luis Pelaez (iStock by Getty Images)
Photo: José Luis Pelaez (iStock by Getty Images)

Since children dream of Santa Claus, they also bombard their parents with a multitude of questions about the magical man: how does he go around the world in one night? If I stay up late enough, will I catch it? Does it really exist?

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kinjavideo-197420

Jason Trennert, CEO and Chairman of Strategas, Makes Big Predictions for the Stock Market, Bitcoin, Gold and Treasuries in the New Year

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Previous ArticleXRP and DOGE lose dominance at $0.175, crypto poised to turn $800 into $32,000
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