MicroStrategy Surging as Bitcoin Crosses $82,000

Good morning. It's November 11th, and in today’s edition, we will look at how MicroStrategy is surging on the back of the recent Bitcoin rally while Sapiens and Monday.com’s disappointing results are causing them to plunge in premarket trade.

Previous Close 📈

The stock market capped off an impressive election week rally with record highs across major indexes. For the week, the S&P 500 advanced 4.66%, the Dow rose 4.61%, and the Nasdaq outperformed with a 5.74% gain, while the Russell 2000 surged 8.57%.

Futures

Stock futures are trading slightly higher today as investors look to extend gains from the post-election rally. Momentum remains strong as investors respond to anticipated policy changes under the Trump administration. The Federal Reserve's quarter-point rate cut is also boosting sentiment.

Mobile Industry

This Disruptive Newcomer is Turning Phones into Profit Machines!

For years, the smartphone market has followed the same formula: higher prices with few rewards for users. Apple and Samsung have made $1000+ price tags the norm, but a disruptive newcomer is changing the game.

This company is shifting the landscape by transforming smartphones into income-generating tools, paying users for simple activities like gaming, streaming, and charging their phones.

With $325M earned by users and over 32,000% revenue growth, this is an emerging opportunity that investors are starting to notice.

What makes this approach unique? Unlike typical apps, this company owns both the hardware and software, giving it complete control over the user experience and revenue streams.

Partnerships with giants like Amazon, Walmart, and Best Buy signal a serious move to reshape the $1 trillion smartphone market.

Shares are now available for just $0.25, with up to 100% bonus shares for early investors.

Don’t miss out on this opportunity to be part of the future of smartphones.

* This is a paid advertisement for Mode Mobile Regulation A offering. Please read the offering circular and related risks at invest.modemobile.com.

What to Watch

Monday.com (NASDAQ: MNDY), Aramark (NYSE: ARMK), and Global Ship Lease (NYSE: GSL) will release their quarterly earnings in the morning.

Zeta Global Holdings (NYSE: ZETA), Assured Guaranty (NYSE: AGO), IAC (NASDAQ: IAC), Talos Energy (NYSE: TALO), and NET Power (NYSE: NPWR) will share their numbers after the market closes.

Today marks Veteran's Day, so the bond markets will remain closed.

Insurance Technology

Sapiens Lowers 2024 Revenue Outlook After Missing Q3 Targets

Sapiens International Corporation’s stock is falling by over 21% in premarket trading today on lowered annual revenue guidance and third-quarter results that missed Wall Street's expectations.

For Q3, Sapiens reported earnings per share (EPS) of $0.33, falling short of analyst predictions of $0.38. Revenue also lagged behind, reaching $137 million versus the forecasted $140.38 million.

The company reported an adjusted gross margin of 45.8% and adjusted operating income of $25.1 million, slightly under the expected $25.7 million.

Sapiens CEO Roni Al-Dor highlighted solid regional performance, with quarterly revenue up 4.8% year-over-year, driven by 7.1% growth in Europe, 1.7% in North America, and 6.6% in other global markets.

Looking ahead, Sapiens has revised its revenue outlook for fiscal 2024 to a range of $541 million to $546 million, down from its previous forecast of $550 million to $555 million and below analysts’ consensus of $552.7 million. The company expects its non-GAAP operating margin to align with its target of 18.2%.

Technology

MicroStrategy’s Bitcoin Investment Surges Amid Record High Prices

MicroStrategy is seeing substantial gains from its ongoing investment in Bitcoin, with the company’s total Bitcoin holdings now valued at approximately $20.5 billion.

This strategic move has yielded impressive returns, with the company enjoying an ROI exceeding 100% on its investment. MicroStrategy has accumulated Bitcoin in 42 separate purchases at an average acquisition price of $39,292 per coin.

The firm’s stock is up nearly 12% in premarket trade.

The recent surge in Bitcoin’s value to an all-time high of over $82,000 has further strengthened MicroStrategy’s position as the leading corporate Bitcoin holder.

In comparison, other major players in the corporate Bitcoin space, such as Marathon Digital and Riot Platforms, hold significantly smaller amounts, with their Bitcoin reserves valued at $2.1 billion and $840 million, respectively.

MicroStrategy’s plan to leverage Bitcoin as a major asset has placed it well ahead of its competitors in the cryptocurrency landscape.

Technology

Monday.com Crashing By 14% in Premarket Trade on $12 Million Loss

Monday.com Ltd. reported a third-quarter net loss of $12 million this morning, translating to a per-share loss of $0.24. Adjusting for stock option expenses and other one-time costs, however, earnings are $0.85 per share, significantly beating analysts’ forecasts of $0.61.

The firm’s shares are trading 14% below in premarket trade.

The Israeli project management software company exceeded revenue expectations for the quarter, posting $251 million against analysts' estimates of $245.7 million. Monday.com’s success in surpassing projections has come amid growing demand for its collaborative software products, particularly in a competitive tech landscape.

Looking ahead, Monday.com has issued positive guidance, projecting revenue for the fourth quarter to land between $260 million and $262 million. For the full fiscal year, the company expects revenue to range from $964 million to $966 million.

Despite the quarterly loss, Monday.com has outperformed in both revenue and adjusted earnings, causing its stock to rise by 82.31% on a year-to-date basis.

Food Processing

Drought Strains US Cattle Supply, Pressures Tyson Foods’ Profit Margins

As drought conditions return to U.S. cattle-producing regions, ranchers’ efforts to rebuild herds are delayed, with cattle numbers shrinking to levels not seen in seven decades. This has tightened supplies, driving up cattle costs for meatpackers like Tyson Foods and keeping beef prices high for consumers.

With 62% of the national cattle herd in drought-affected areas at October's end, ranchers find it difficult to sustain herds on parched pastures. Ranchers in Oklahoma, facing delayed wheat plantings due to drought, have struggled to provide grazing feed for their cattle, pushing them to send younger cows to feedlots earlier than planned.

Tyson Foods, whose beef unit posted a third-quarter loss, is expected to report an even larger fourth-quarter loss as high cattle costs squeeze margins. CFRA projects Tyson’s beef unit to see negative margins of 2.2% in the fourth quarter.

Analysts say early feedlot deliveries will skew beef production to the first half of 2025, potentially leading to an even tighter cattle supply by year-end, making herd expansion a challenge for ranchers facing these conditions.

Innovative Trade Tactics

Unique Tesla Trade Strategy Delivers Big Gains in Just Days

Imagine a unique approach to trading Tesla shares that turned a $1,000 investment into an impressive $9,770 within just 20 trading days.

This isn’t just a lucky streak—hundreds of traders are catching on to this method, experiencing rapid, substantial gains with a straightforward approach.

What makes this strategy stand out is its quick turnaround. In as little as 6 days, traders have seen results that can typically take months to achieve.

And with another trade opportunity lined up for this Thursday, there’s never been a better time to explore this strategy for yourself.

By focusing on key entry and exit points, this method simplifies Tesla trading for both new and seasoned investors, reducing the guesswork and enhancing potential returns.

Discover the details of this breakthrough Tesla strategy and join the next trade opportunity.

Revelation Biosciences, Inc. [REVB] - Last Close: $0.82

Revelation Biosciences' stock is up 33% in pre-market trading.

The company reported a net loss of $0.84 per share on Friday, significantly better than analysts' expectations of a $2.84 loss per share.

This positive earnings surprise has boosted investor confidence.

Moreover, the company recently completed the manufacturing of its clinical drug Gemini for clinical trials and demonstrated that it can significantly increase IL-10 levels in healthy volunteers—a marker associated with anti-inflammatory responses.

This progress positions Revelation to begin a Phase 1b study in chronic kidney disease (CKD) patients in the U.S., pending FDA approval.

Semler Scientific [SMLR] - Last Close: $39.84

Semler Scientific's stock is surging 23% in preplmarket trading, driven by two key factors.

First, the company’s recent third-quarter earnings showed resilience in its healthcare segment, with $5.1 million in income from operations.

Additionally, Semler has significantly increased its Bitcoin holdings, purchasing 47 more bitcoins for $3 million since August 2024, now holding 1,058 bitcoins in total.

Amid a broader cryptocurrency rally following President-Elect Trump's recent victory, Semler’s Bitcoin-focused investment strategy has amplified investor enthusiasm.

BitDigital [BTBT] - Last Close: $4.29

BitDigital is up 22% in premarket trading, riding a wave of enthusiasm in the cryptocurrency market.

Following Donald Trump's recent election victory, Bitcoin has surged.

The President-Elect has openly supported crypto, including plans to establish the U.S. as a "crypto capital," spurring confidence in the sector.

This positive shift has lifted stocks of Bitcoin miners like BitDigital as investors anticipate heightened demand and favorable conditions for crypto-related businesses.

Technology

This $1 Trillion Smartphone Disruption Could Change Everything!

Let’s be honest—how many thousands have you spent on your smartphone over the years? Each year, tech giants like Apple and Samsung release new $1000+ models, increasing costs for consumers while offering minimal returns.

But now, a new player is flipping the script, transforming smartphones from costly devices into income-generating assets that reward users for everyday actions—playing games, streaming music, even just charging their phones.

The numbers speak for themselves: this company has helped users collectively earn over $325M, has seen remarkable 32,481% revenue growth, and recently earned the top spot on Deloitte’s list of fastest-growing software companies.

With partnerships in place with Amazon, Walmart, and Best Buy, it’s poised to disrupt the $1T smartphone market entirely.

Currently, shares are available at just $0.25, with up to 100% bonus shares for those who act now—a unique opportunity in a shifting tech landscape.

Thousands of investors are already on board. Will you seize this moment or watch from the sidelines?

Find out more about this $1 trillion shift

* This is a paid advertisement for Mode Mobile Regulation A offering. Please read the offering circular and related risks at invest.modemobile.com.

Everything Else

• Hannover Re raises 2024 profit outlook to €2.3 billion following strong revenue and income growth.

• Bitcoin rival Solana reaches a historic $100 billion market capitalization milestone as user adoption and trading volumes soar.

• Asterion and Telefonica finalize the sale of Nabiax amid surging data centre demand in Spain.

• Report says U.S. mandated TSMC to halt sale of advanced AI chip exports to Chinese clients.

• Arrow 3 missile defense system set for first deployment outside Israel in $3.6 billion Germany deal.

• Bankrupt FTX files $1.8 billion lawsuit against Binance and CZ Zhao for misleading actions

• Indian supply chain startup Zetwerk explores IPO, aiming for up to $1 billion in funds

That’s all for today. Thank you for reading. If you have any feedback, please reply to this email.

Best Regards,

— Adam Garcia
Elite Trade Club

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