-
Microsoft Corporation (MSFT $411.21)
-
Shopify Inc. Class A Subordinate Voting Shares (SHOP $163.18)
-
Galaxy Digital Inc. Class A common stock (GLXY $29.98)
Also can you comment on the reasons for the decline in MSFT and Shopify ?
We would be OK, chipping away on the buy side at GLXY for new investors (slowly); its reaction to the difficult quarter (comments posted) is harsh, but there are reasons behind it. If crypto recovers the stock could do well. We would be cautious on adding to a position until it settles, however. MSFT we have comments posted; investors are worried about the combination of slower cloud growth at the same time as higher expenditures overall. SHOP is down on general AI fears, but it has been defended by several brokerages in the past week. The tech space in general is getting hit hard, seeing a rotation into value names this week.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in MSFT.