Its proposed $75 billion acquisition of Activision Blizzard would make Microsoft the world’s third-largest publisher of video games and, more significantly, would solidify its position in the development of the "metaverse” – widely considered the next evolution of the internet by which users in the virtual reality space interact with a computer-generated environment and other users.
Six months ago, Maryland Smith’s David Kass updated his semi-annual “stocks to watch” list, expanding the lineup of watch-worthy shares to 21. But now he’s narrowing the list. The move comes amid rising uncertainties – inflationary pressures, supply chain disruptions and the latest COVID-19 variant to name just a few, says Kass, clinical professor of finance at the University of Maryland’s Robert H. Smith School of Business.
When WeWork saw its IPO bid come to an abrupt halt in 2019, the company was forced to take a hard look in the mirror. Now it’s made a second attempt to go public – this time via a special-purpose acquisition company (SPAC).
SMITH BRAIN TRUST – Facebook isn’t going to be broken up just now. In a stunning ruling this week, a federal judge dismissed antitrust lawsuits brought against the social media behemoth by the Federal Trade Commission and some 46 states.
SMITH BRAIN TRUST – With temperatures rising, Maryland Smith’s David Kass is looking to add a little heat to his biannual list of stocks to watch, dropping four of the picks he made in December of 2020 , and adding nine new ones. Of the 16 stocks he recommended in December, 12 have increased in value over the past six months.
For those who have regrets about missing out on the rise of cryptocurrency, the next big thing is here – NFTs, or non-fungible tokens. But instead of trading currency, these tokens come in the form of pictures and video clips. While unconventional, they might just be the next digital gold, says Maryland Smith's David Kass.