Generation Z investors are moving from memoirs to the metaverse

Инвеститорите от поколението Z се насочват от мемеакциите към метавселената

Photo: Lam Yik / Bloomberg

Enthusiasm about memoirs gained cult status on social networks – among young investors weakened a year after the stock market madness around GameStop. Generation Z focuses on companies in areas such as electric mobility and the metaverse, according to a report quoted by Reuters.

In the fourth quarter, the largest shareholder share in Generation Z – people born since 1996 – has been at Tesla, according to a quarterly investment forecast by Apex Fintech Solutions, which offers its services to brokers such as SoFi, Stash, WeBull and Marcus of the Goldman Sachs Group.

) For the first time in several quarters, AMC Entertainment is no longer ranked No. 1 in the top 100, ranking third, according to the report, which analyzed the profiles of more than 1 million Generation Z members supported by unit of Apex.

GameStop, whose shares retail investors bought until last January in an attempt fueled by social media to punish short sellers, fell five places to number 11. Memoirs, around which there is less noise, recorded a larger decline. The owner of the online trading platform Wish – ContextLogic, dropped 35 places to 56, and the biopharmaceutical company Ocugen – from 41 to 91.

The startup for electric vehicles Rivian Automotive, which went public in November, debuted at number 44, and Chinese electric car maker NIO reached 8th place. Ford Motor is in 19th place.

Shares of Facebook’s parent company – Meta Platforms, climbed to 12th position, and Roblox climbed 36 places to 36th. on the list.

“There is much more interest in the metaverse,” said Apex CEO Bill Capucci. “As more NFT companies go public, we will probably see them rise to the top 100,” he said.

The metaverse refers to a shared virtual environment to which people have access via the Internet, often using virtual or augmented reality.

Payment companies are also popular with young investors. PayPal, for example, has climbed 9 places from the third quarter to 19th, and Block, formerly called Square, is now number 25.

Note: This article has been indexed to our site. We do not claim legitimacy, ownership or copyright of any of the content above. To see the article at original source Click Here

Related Posts
U.S. finalizes tough new emissions rules to cut smog from heavy-duty trucks thumbnail

U.S. finalizes tough new emissions rules to cut smog from heavy-duty trucks

Stock Markets Dec 21, 2022 02:36PM ET © Reuters. By David Shepardson WASHINGTON (Reuters) - The U.S. Environmental Protection Agency on Tuesday finalized new emissions standards to drastically cut smog- and soot-forming emissions from heavy-duty trucks, the first of a series of actions planned to cut vehicle pollution. The new standards, the first update to
Read More
A Look At Bitcoin And Biases: Price thumbnail

A Look At Bitcoin And Biases: Price

Source: Author modification of 43/1995 from goodfreephotos.comYou try to have the Bitcoin conversation. All you hear back is fear, uncertainty or doubt (FUD). You try to explain Bitcoin and their eyes glaze over. Often no-coiners or alt-coiners just don’t want to hear about Bitcoin.Cognitive Biases At PlayLet’s try to understand by looking into the cognitive…
Read More
In developing countries, only 40% of people use the internet thumbnail

In developing countries, only 40% of people use the internet

Economía Portafolio Según la Unctad, el costo de los planes debe bajar y la región tendrá una adopción de teléfonos inteligentes en 80% hasta 2025.  Archivo EL TIEMPO POR: septiembre 29 de 2021 - 09:50 p. m. 2021-09-29 2021-09-29 Además, se cree que debe existir un enfoque más equitativo junto con un intercambio mundial de datos,…
Read More
‎Saudi Arabia remains top crude supplier to China in 2022 thumbnail

‎Saudi Arabia remains top crude supplier to China in 2022

Oil barrels Saudi Arabia maintained its position as the top supplier of Chinese refiners in 2022. Russia came in the second place, as Chinese refiners snapped up low-cost Russian barrels. Saudi Arabia shipped 87.49 million tons of crude, or 1.75 million barrels per day (bpd), to China last year, equivalent to the 2021 level, according
Read More
Index Of News
Total
0
Share