Is RIOT a good stock to buy? We came across a bullish thesis on Riot Platforms, Inc. on r/ValueInvesting by NicholasAdamsStorm85. In this article, we will summarize the bulls’ thesis on RIOT. Riot Platforms, Inc.’s share was trading at $18.21 as of April 23rd. RIOT’s trailing and forward P/E were 27.24 and 20.88 respectively according to Yahoo Finance.
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Riot Platforms (RIOT) stands out within the Bitcoin mining landscape as more than a generic crypto miner,...
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When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.
Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.
At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.
Do the math. According to Musk, this technology could be worth $250 trillion by 2040.
Put another way, that’s roughly equal to:
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Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.
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