TLDR

MARKET RECAP → Stocks closed mixed on Friday, with the tech-heavy Nasdaq (QQQ) rising to a record ahead of the important Fed meeting on Wednesday, which will decide the direction of interest rates.

MICROSTRATEGY JOINS NASDAQ-100 INDEX → MicroStrategy (MSTR) surged after joining the Nasdaq-100 and QQQ ETF, fueled by bitcoin reserves now totaling 439,000 BTC (BTC). 🚀

SOFTBANK ANNOUNCES $100B U.S. INVESTMENT → Softbank CEO Masayoshi Son announced a $100B U.S. investment to create 100K AI jobs, doubling a 2016 Trump-era promise. 💼

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TODAY’S TOP NEWS

MicroStrategy Joins Nasdaq-100 Index

🪙 MicroStrategy (MSTR) shares surged after Nasdaq (QQQ) announced its addition to the Nasdaq-100 index, effective Dec. 23, solidifying its status as a bitcoin (BTC) proxy. The move also brings inclusion in the Invesco QQQ ETF, boosting passive inflows.

🚀 MicroStrategy’s stock has skyrocketed 547% in 2024, outpacing the S&P 500 (VOO), as bitcoin hit record highs of over $103K. Founder Michael Saylor revealed the company purchased an additional 15,350 BTC, bringing its total holdings to 439,000.

💼 Analysts see the inclusion as a liquidity booster for MicroStrategy, enhancing its unique strategy of leveraging bitcoin reserves—now worth 2% of the total supply.

TODAY’S TOP NEWS

Softbank Pledges $100B U.S. Investment

🏗️ Softbank CEO Masayoshi Son announced a $100 billion investment in the U.S. over four years during a meeting with President-elect Donald Trump. The plan includes creating 100,000 jobs in artificial intelligence and infrastructure.

💸 The investment could come from Softbank's Vision Fund, capital projects, or its majority-owned chipmaker Arm Holdings. Some of the funds may include previously announced allocations, like the recent $1.5 billion stake in OpenAI.

🔄 This isn’t Softbank’s first U.S. splash. Son made a similar $50 billion investment pledge in 2016, promising 50,000 jobs during Trump’s initial term. The new announcement doubles down on Softbank’s commitment to U.S. growth.

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