📈 BYND Sizzling

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Good Morning!

First up, let’s talk shop about the S&P 500. It closed higher as tech stocks dusted themselves off and retailers glowed up brighter than a discount sign during a Black Friday sale.

Next, we’ll chew on some Beyond Meat news. Despite cooking up a net loss, their stock sizzled and popped a jaw-dropping 80% on a revenue beat that was juicier than their plant-based burgers. Investors, it seems, have a hearty appetite for risk!

And for dessert, we've got Bitcoin. The crypto bulls are charging, eyes set on the glittering prize of $69K. With the Bitcoin halving event on the horizon, it's like waiting for the countdown on New Year’s Eve.

Grab your Clotted Cream Fudge Cold Brew and let's get into it! ☕️👇️
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Markets

S&P 500 closes higher as tech cuts losses, retailers shine (5 minute read)
So, on Tuesday, the S&P 500 decided to perk up and close with a smile, thanks to investors giving tech stocks a little TLC. Meanwhile, Macy's and Lowe's strutted their stuff with some solid quarterly numbers, giving the retail group a boost.

All eyes are now on the upcoming inflation report - it's like the season finale in finance world! The S&P 500 ended up cozying up by 0.2%, the NASDAQ Composite got a bit more of a boost with a 0.4% rise, but the Dow Jones played it cool, slipping by 96 points, or 0.3%.

Investing

BYND: Beyond Meat Stock Shrugs Off Net Loss to Surge 80% on Sizzling Revenue Beat (1 minute read)
Beyond Meat (BYND) had a rollercoaster of a week that would put any theme park to shame! After the closing bell on Tuesday, their stock, BYND, went on a wild ride, skyrocketing an eye-popping 80% in after-hours trading. Why, you ask? Well, they dished out a real mixed grill of earnings. While the plant-based burger gurus posted a sizzling $73.7 million in net revenue, their financial recipe still had a bit of a hiccup with a hefty $155 million in net losses. But hey, investors seemed to have an appetite for risk, shrugging off the losses like crumbs off a table - a meaty surprise in the world of vegan burgers!

Bitcoin Bulls Target $69K Lifetime Highs Ahead of Halving (5 minute read)
Bitcoin enthusiasts, buckle up! The crypto world is buzzing with euphoria as traders are spotting signs that Bitcoin (BTC) might just skyrocket past its all-time high of $69,000 come March. What's fueling this optimism? A delightful cocktail of factors: traders are on a high, institutional wallets are opening up, and history seems to be waving a green flag. See, every time Bitcoin goes through a 'halving' – a fancy term for cutting down the rewards miners get, which happens every four years – the price has historically shot up like a firework. Think several hundred percent increases! And guess what? The next halving is just around the corner in mid-April. The countdown clock is ticking, and Bitcoin buffs are all eyes.

Money

Can You Retire at 30 with $10 Million? (5 minute read)
Last week, Twitter turned into a digital dinner party when Zay Capital (@cap_zay) stirred up a storm in a teacup with a tweet: "You can’t retire on $10m usd." Talk about sparking a debate! Can you imagine sipping your tea, thinking, "Hmm, is $10 million enough to hang up my work boots?"

For a sprightly couple in their 30s living it up in a swanky neighborhood, it's a head-scratcher. But for someone cruising into their golden 60s? Probably a walk in the park. Cue Nick Maggiuli of Of Dollars and Data, our number cruncher in shining armor, who decided to dive deep into this wallet-sized conundrum. Let's see what he dug up!

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