⚡️ A tale of semiconductors, investing, and Doja Cat

Hi bb. ☀️ A tale of semi-conductors, what it means for your investing and why the heck am I referencing Doja Cat? TradFi Journal 🗞 How Match Group plans on playing Cupid with the stock market DeFi Newsroom 💎 Stablecoins galore and why it could power Latin America.

The race to the top 🏁

Not even a bedazzled Motorola could help you escape the overheating of your phones way back when...And even though Doja served us bejewels in the red to match our bleeding portfolios, thanks to the semiconductor industry, our palms are staying cool in 2023. While difficult to produce, semiconductors are the reason Silicon Valley exists. To this day, semiconductors remain valuable and a country's production of the Valley's hot sauce, gives it an edge. So, while TikTok is arguing over Tarte influencers making $100K while partying in Dubai, and Instagram is busy roasting Kylie's Cruella outfit, the US 🇺🇸 and China 🇨🇳 are in a competition to see who can make more semiconductors. So, given I suspect you didn't get an invite to the Burj Khalifa, I'd pay attention to see how you can actually make some money...💀

The US government is trying its best to bring semiconductor production back to the country, but it's not that simple. It has to think building new factories, dealing with economic struggles, and the push towards localization (a lot of money is going to big corporations, while locals are getting left behind). The federal government has passed the CHIPS Act in August, which provides $280 billion in new funding to accelerate domestic research and manufacturing of semiconductors 💸. This pool of cash, along with a wave of incentives from state and local governments, has already helped push companies to bring projects to the US, like Intel, America's leading semiconductor maker, who is spending $20 billion to build the world's largest chip factory, in a suburb of Columbus, Ohio. 💎 Had to be Ohio.

The share of chips made in the US fell from 37% in 1990 to just 12% in 2020 - meaning a higher dependency on foreign countries and a potential threat to the national security.

💡What does this mean for your investing: A standout stock in the space, which has been caught in the cross fire of what's been going on in the industry is called Taiwan Semiconductor Manufacturing (NYSE: TSMC). As you do your DD, it's always good to understand market players like $TSMC, old giants like Intel and see what you see yourself adding to your roster given what you know, understand, and will keep up with.

Read more here 🧵

Join Beta Community!

Join our community of intelligent, humble, and curious investors who want to take control of their financial future. Be at the forefront of tech, help change the world of investing, and gain exclusive access to VIP events, product launches and awesome perks!

• 🪩 Exclusive access to VIP events

• 🎉 Be the first to know of our product launches

• 💰 Awesome perks, cash prizes, swag, etc.

Email [email protected] with subject line "BAETA" or apply below.

My love don't cost a thing...but it does on Hinge.

If you're rich and single, you've probably already heard, so I guess this goes out to those late to the game. Modern cupid, Hinge is introducing a new, more expensive subscription tier that'll cost you up to $720 a year. But, they're saying it's for "highly engaged partners" and it'll offer fancy features to make premium subscribers more visible on the app. Aka, access to tailored profile recommendations and having your likes appear faster than non-premium users.

Btw - let me just interrupt this all by saying Match Group (parent company of Hinge and Tinder) was a struggling stock last year (like down 54% in 1 year). K, anyway, Tinder, whose Hinge's unhinged big bro is internally testing user interest for a $500-a-month membership tier. We're talking $6,000 a year. It's unclear what additional services would be offered with such an expensive membership rn. All we can do is wait for V-day and see. 💌

💡What does this mean for your investing: A standout stock in the space, which has been caught in the cross fire of what's been going on in the industry is called Taiwan Semiconductor Manufacturing (NYSE: TSMC). As you do your DD, it's always good to understand market players like $TSMC, old giants like Intel and see what you see yourself adding to your roster given what you know, understand, and will keep up with.

Read more here 🧵

Note: None of what Cheres shares is financial advice, nor opinions. We simply share the news. 🗞

This newsletter is brought to you buy Cheres app! 💥 With Cheres you no longer need to go back and forth between your investing accounts or manage messy spreadsheets. Connect your brokers, crypto exchanges & wallets, and let Cheres do the rest.

• 👀 See all your investing, all in one place, from your crypto, stocks, ETFs, to NFTs

• 🔮 Get personalized insights around your entire portfolio

• 🗞 Curated news with 8-sec market reads

CBDCs + Stablecoins: Are they actually taking over?

The Bank of America says they're the future. CBDCs and stablecoins are the natural evolution of money and payments, and they're gonna revolutionize the global financial system.

CBDCs use blockchain technology to increase efficiency and lower costs, and stablecoins are like regular cryptocurrency, but their value is pegged to something else, like the US dollar or gold. 🥇

The Bank of America says that the benefits and risks of these digital currencies depend on how they're designed and issued, but they expect developed countries to focus on payments efficiency and developing countries to focus on financial inclusion. Let's be real, these new currencies aren't without their risks. They might compete with bank deposits and lead to a loss of monetary sovereignty and inequality among countries.

Note: None of what Cheres shares is financial advice, nor opinions. We simply share the news. 🗞

Read more here 🧵

Stablecoins are where it's at in LatAm 🎯

With inflation reaching new highs and China pulling FDI, things are looking pretty bleak for Latin American currencies. Seems like we're banking on stablecoins are here to save the day. According to Mastercard, 33% of South Americans are already using stablecoins for everyday purchases. They're like a trust fund for your money, steady and reliable.

According to The Block: Latin Americans will need two things more in 2023 than they ever needed before: 1) a more stable currency option2) a secure platform where they can do more with their digital assets.

Read more here 🧵