Archive Category: 10X Stocks Archive

Happy Thursday, 10X-ers! Before we get into today’s update, I’d like to give a warm welcome to the nearly 150 new 10X Stocks readers who’ve joined since Nvidia’s blockbuster earnings call yesterday afternoon. In that all-important and widely watched earnings report, we’ve identified a phenomenal opportunity, so it’s safe to say that you couldn’t have come aboard at a better time.

Two of the stocks we’re invested in have made large upside moves this week. Shares of Bit Digital (Nasdaq: BTBT) jumped 20% higher on Tuesday… And shares of Opera Limited ADS (Nasdaq: OPRA) have surged nearly 15% today. Let’s dig into what’s driving these moves!

Far from Silicon Valley, the headquarters of Skywater Technology Inc. (Nasdaq: SKYT) sits in Bloomington, Minnesota. Skywater is a relatively small company (employing just 600 people), but it also has massive growth potential… As an all-American semiconductor manufacturer, Skywater finds itself at the crossroads of multiple colossal mega trends. From the “onshoring” of chip production via the CHIPs Act … to booming demand for AI hardware, there’s a whole host of tailwinds aligning to drive shares higher.

What the market giveth, the market taketh away… Stocks roared through the first half of the year with a stellar 12%+ gain for the S&P 500 (more than investors make all year, on average). But then, Monday morning, they hit a wall.

Shares of Nuscale Power (NYSE: SMR) fell sharply Monday following the release of a “research” report from a group called Hunterbrook Media. The report contains some harsh allegations against Nuscale Power. But before I get into the details, we should take a moment to consider the source.