This Play Station 2 Game Could Buy You a Play Station 5

THE PROFITS💸

• This Play Station 2 Game Could Buy You a Play Station 5

• Are We on the Cusp of a Recession?

• Super Micro Missed the Mark with “Super Macro” Results

Read Time: 2.5 mins

THE BIG PROFITS💸
This Play Station 2 Game Could Buy You a Play Station 5
Maybe even 2 PS5’s

Are We on the Cusp of a Recession?
What is happening in the economy right now?

Super Micro Missed the Mark with “Super Macro” Results
Super Micro announced a 10-for-1 stock split

Play Station 2

This Play Station 2 Game Could Buy You a Play Station 5

Check your attic for an old PlayStation 2 game that could be worth £600, almost the price of two new PS5s.

The rare survival horror game, "Kuon," set in ancient Japan and released by FromSoftware, is highly sought after by collectors due to its unique gameplay and limited print run.

Despite its initial commercial flop, the game's eerie atmosphere and growing cult following, boosted by YouTubers and influencers, have driven its resale value up.

If you own "Kuon," it might be worth more in the future, making it a potential investment or a chance for a nice holiday.

The Economy

Are We On the Cusp of A Recession?

A global selloff hit markets on Monday following a weaker-than-expected U.S. jobs report, raising fears of a recession.

Japan's Nikkei 225 stock index plunged over 12%, its worst trading day since 1987, while major U.S. indexes fell more than 2%.

Nvidia, a key driver of market gains this year, dropped up to 14% before recovering some losses.

Economists are divided on whether the current conditions signal an imminent recession or reflect temporary market overreaction, with some pointing to continued economic growth and others noting a labor market cooldown as potential indicators of a downturn.

What Do You Think?

Super Micro

Super Micro Missed the Mark with “Super Macro” Results

Super Micro Computer (SMCI) reported fiscal fourth-quarter earnings that missed analysts' estimates, causing shares to drop over 12% in extended trading.

Despite revenue more than doubling year-over-year to $5.31 billion, rising costs reduced profit margins, leading to a net income of $353 million or $5.51 per share, which fell short of expectations.

The company announced a 10-for-1 stock split and projected first-quarter fiscal 2025 revenue between $6 billion and $7 billion, with a full-year sales outlook of $26 billion to $30 billion.

CEO Charles Liang highlighted record demand for AI infrastructure and expressed confidence in the company's future growth driven by technological leadership.

Confidence Poll

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THE DAILY ADVANTAGE

Is It Safe to Invest Right Now?: The S&P 500 has recently fallen nearly 9% from its mid-July peak, approaching correction territory, and causing investor panic. Despite market volatility, historically, long-term investing in the S&P 500 has always resulted in positive returns. Market downturns can offer great opportunities to buy high-quality stocks at lower prices, provided you hold onto your investments until the market rebounds. Staying calm and focusing on strong stocks can help you navigate and even benefit from these turbulent times.

Defense Stocks to Invest in: The fiscal 2025 National Defense Authorization Act proposes $923.3 billion in U.S. military spending, up 4.1% from 2024. With ongoing global conflicts, this figure might increase, benefiting defense sector earnings. Defense stocks, attractive due to long-term government contracts, have significant upside potential. Noteworthy stocks include TransDigm, Northrop Grumman, L3Harris Technologies, Howmet Aerospace, Textron, Curtiss-Wright, Embraer, and CAE, all recommended by Morgan Stanley for their growth prospects and strategic positions.