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Gen Z Investors Shift Focus From ‘Meme-Stocks’ to the ‘Metaverse,’ Report Shows | Investing News

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NEW YORK (Reuters) – Enthusiasm around “meme stocks” has eased for young investors a year on from the GameStop Corp trading frenzy, with Gen Z’s attention shifting to companies in areas like electric vehicles and the “metaverse,” according to a report released on Friday.

The top stock holding among the Gen Z cohort – people born after 1996 – in the fourth quarter was Tesla Inc, according to the quarterly investor outlook from Apex Fintech Solutions, which provides custody and clearing services for brokers like SoFi, Stash, WeBull, and Goldman Sachs Group’s Marcus.

AMC Entertainment slipped from the No. 1 spot in the top 100 ranking of stocks for the first time in several quarters, to No. 3, said the report, which analyzed more than 1 million Gen Z accounts held by Apex’s clearing arm.

GameStop, which retail investors piled in to last January in a social media-fueled attempt to punish short sellers, dropped five spots to No. 11, the report showed. Meme stocks with less mainstream buzz fell more, with e-commerce platform Wish’s owner, ContextLogic, down 35 spots at No. 56 and biopharmaceutical company Ocugen Inc dropping 41 spots to No. 91.

Electric vehicle startup Rivian Automotive Inc, which went public in November, debuted at No. 44, while Chinese EV maker NIO held the No. 8 spot and Ford Motor Co was No. 19.

Shares of Facebook parent Meta Platforms Inc rose a couple of notches to No. 12, while Roblox rose 36 spots to No. 36.

“There’s a lot more interest in metaverse,” Apex Chief Executive Officer Bill Capuzzi said in an interview. “As more NFT companies become public, we’ll probably see them move in to the top 100.”

The metaverse generally refers to shared virtual world environments which people can access via the internet, often making use of virtual reality or augmented reality.

Payment companies were also popular with young investors, with Paypal Inc jumping 9 spots from the third quarter to No. 19, while Block, formerly called Square, was steady at No. 25.

(Reporting by John McCrank in New York; Editing by Matthew Lewis)

Copyright 2022 Thomson Reuters.



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Is the Metaverse Ready for a Metaphysical ART CLUB?

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Public Mint opens at the price of 0.333 Ethereum. The project has opened an Early Mint Allow List with Limited Spots available, which allows minting 1 day early on January 22, 2022.  Registration is Required for Early Mint. Registration can be found at: https://456collectorsclub.com/public-mint-early-access-registration

Zevi G is a prolific and steadfast artist who uses his studio to bring unanticipated creations to life. In a world where love, unity and kindness have become a scarce commodity, Zevi is determined to make a change using his art and many compelling characters to spread this powerful message.

The 456 Collector’s Club by Zevi G is a collection of 4,560 unique algorithmically created NFTs featuring characters from Zevi G’s signature series “456 Land”. Holders become members of an exclusive Art Club and continually unlock redeemable artwork in intervals as the community grows, get access to future community events, and digital experiences.

Zevi G was never intimidated by his underprivileged and very orthodox upbringing, on the contrary, that became the very essence of his strength and will, to turn his life around and reach others with positive and relevant messages. Each 456 Land sculpture comes with its own personality and features different traits such as the angel with its thin legs and wings, or the soldier with its buff chest. The childlike characters with eyes full of wonder appear as a musician, a roofer, a jeweler, a guitarist; a world of references and emotional memories that is personal and reflects on the artist’s past.

456 Club holders get Utility. After holding for 1-month owners can claim a 1×1 print of the exact NFT they own. After holding for 4-months holders will be able to redeem a 7 in. by 7 in. Namaste Sculpture in the corresponding color of their NFT. There are 10 different colors available with some colors more limited than others. Each sculpture will feature an NFC chip that provides the owner with continual digital experiences and helps pair the physical item with the NFT.

Anyone who mints 3 or more NFTs is entered into a raffle for a 5 ft. Diamond Hands Bronze Sculpture valued at $175,000.

Each NFT is a raffle ticket to win a 26-inch Diamond Hands Resin sculpture valued at $10,000 – 5 winners total (3 white, 2 Blue).

Join the conversation on Discord to learn more about additional giveaways!

Mint a 456 Collectors Club NFT to join the club and become a member is the first community to dedicate its purpose to spreading the message of love and unity through physical and digital art. Register for Early Access.

Related Links

Website: http://456collectorsclub.com
OpenSea: https://opensea.io/collection/456-collectors-club-v2
Twitter: http://twitter.com/456_club
Instagram: http://instagram.com/zevigart
456 Land: http://zevigart.com
Discord: https://discord.com/invite/456collectorsclub

SOURCE 456 Collector’s Club





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Video Walmart steps into metaverse to sell virtual goods – ABC News

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Epazz, Inc. (EPAZ) Presents Metaverse and Blockchain Business Solutions Products at the Emerging Growth Conference on January 19, 2022, Noon EST

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Chicago, Illinois–(Newsfile Corp. – January 18, 2022) – Epazz, Inc. (OTC Pink: EPAZ), “is a mission-critical provider of metaverse solutions, blockchain cryptocurrency mobile apps, and cloud-based business software solutions.” Epazz is invited to present at the upcoming Emerging Growth Conference on January 19, 2022, at 12:00 pm EST for 30 minutes. The Company’s Vice President of Communications, Michael Manahan, will discuss the company’s developing products in the Metaverse and blockchain.

Mr. Manahan appeared at the NASDAQ studio, on Fox Business News, Newsmax TV, Bloomberg TV, Epazz IR YouTube Channel, and will perform the presentation and entertain questions at the Emerging Growth Conference. Epazz, Inc. invites individual and institutional investors, as well as advisors and analysts, to attend its real-time, interactive presentation at the Emerging Growth Conference.

Please register here to ensure you can attend the conference and receive any released updates.

https://goto.webcasts.com/starthere.jsp?ei=1521939&tp_key=e0b57bd2dc&sti=epaz

If attendees cannot join the event live on the day of the conference, an archived webcast will also be made available on EmergingGrowth.com, and we will also release a link to that after the event.

About the Emerging Growth Conference

The Emerging Growth conference is an effective way for public companies to present and communicate their new products, services, and other major announcements to the investment community from the convenience of their office, in a time-efficient manner.

The Conference focus and coverage includes companies in a wide range of growth sectors, with solid management teams, innovative products & services, focused strategy, execution, and the overall potential for long-term growth. Its audience potentially includes tens of thousands of Individual and Institutional investors, investment advisors, and analysts.

All sessions will be conducted through video webcasts and will take place in the Eastern Time Zone.

About Epazz Inc. (https://www.epazz.com/)

Epazz, Inc. is a mission-critical provider of metaverse solutions, blockchain cryptocurrency mobile apps, and cloud business solutions. Epazz provides customized business solutions to businesses, governments, healthcare providers, and post-secondary institutions. Epazz is developing Metaverse business solutions that enable people to collaborate in real-time through virtual reality and augmented reality. Epazz is upgrading its business solutions to fully integrated into the Metaverse. Epazz will be manufacturing low-cost smart glasses for Metaverse design to be lightweight and comfortable to wear for hours a day called Epazz Slim.

SAFE HARBOR

The “Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: Certain statements contained in this press release are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the use of forward-looking languages, such as “may”; “expect”; “intend”; estimate”; “anticipate”; “believe”; “continue”; the negative thereof or similar terminology. Such forward-looking statements are subject to risks, uncertainties, and other factors that could cause the actual results to differ materially from future results or those implied by such forward-looking statements. Investors are cautioned that any forward-looking statements are not guarantees of future performance, and actual results may differ materially from those contemplated by such forward-looking statements. Epazz Inc. assumes no obligation and has no intention of updating forward-looking statements. It has no obligation to update or correct information prepared by third parties that are not paid for by Epazz Inc. Investors are encouraged to review Epazz Inc.’s public filings on SEC.gov and otcmarkets.com, including its unaudited and audited financial statements and its OTC Markets filings, which contain general business information about the company’s operations, results of its operations, and risks associated with the company and its operations.

Contact
For more information, please contact
Investor Relations
investors@epazz.net
312-955-8161
www.epazz.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/110607



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