Good Morning! Goldman Sachs thinks India will dethrone the U.S. as the world's second-largest economy by 2075. Unsold electric car inventory is piling up - with dealers across the country trying to get rid of a record amount of electrified cars.

Threads amassed 100 million users within a mere five days, shattering ChatGPT's record of getting to 100M in 30 days. And while Threads is spelling trouble for Twitter, some investors like Baron Funds and Fidelity say they’re still backing both Meta and Twitter. And Massachusetts wants to pass a law that would be the first in the U.S. to ban the sale of cellphone location data.

Want to invest in the next big brand name in your home and get in on the ground floor of an innovative technology company? Check out today’s sponsor RYSE.

_{SQUEEZ OF THE DAY}

Cava > Chipotle

Wall Street analysts buzzed with excitement over Cava, the Mediterranean fast-casual chain, when they initiated coverage on the company yesterday. In fact, some analysts are boldly dubbing Cava as the 'next Chipotle'. And Cava’s shares soared 11% yesterday on the positive coverage.

Analysts say Cava should follow the Chipotle blueprint - and there’s no doubt Chipotle has become the industry’s gold standard with a market capitalization of nearly $60 billion and a YTD performance of 53%.

Cava became a Wall Street darling as soon as it made its debut on the trading floor last month. That day, Cava nearly doubled in value by 99% from its initial public offering price, catapulting the company's market value to $4.9 billion.

With 263 stores currently open, Cava has set its sights even higher, aiming to open 1,000 stores over the next decade. And half of these new stores will even feature drive-throughs. But Jefferies holds an even more bullish stance, suggesting that Cava could potentially expand its footprint to 7,000 stores (Chipotle only has around 3,000).

Takeaway: For those residing in New York, Boston, or Washington D.C., Cava is likely a familiar name that evokes thoughts of delicious Mediterranean cuisine. But even if you haven't heard of Cava just yet, Wall Street analysts believe it won't be long before Cava becomes a household name nationwide.

Cava might not be the only fast-casual chain making waves in the market this year. Keep an eye out for Panera and Fogo de Chao, as they also have plans to make their debut on the public stage in 2023.

_{CAPITAL PULSE}

Markets Rundown

Stocks edged higher as investors await inflation data.

Movers & Shakers

• (+) Noravax ($NVAX) +29% because the Canadian government will buy $350 million of Noravax’ unused Covid vaccines.

• (+) DraftKings ($DKNG) +8% after Jefferies said the stock will benefit from approaching profitability.

• (–) Lumen Technologies ($LUMN) -6% after UBS cut its price target.

Private Dealmaking

• TPG bought Forcepoint unit from Francisco Partners for $2.45 billion

• Colopast, a medical device maker, bought Kerecis, a wound care developer, for $1.3 billion

• Francisco Partners acquired Macrobond, a financial data provider, for $768 million

• Battery Smart, an EV battery swapping network, raised $33 million

• Verifiable, a healthcare compliance automation startup, raised $27 million

• Caraway, a women’s health services provider, raised $16.75 million

_{SPONSORED BY RYSE}

Big Box Retail Success Story in the Making

If you had the opportunity to invest in the biggest electronics products before they launched into big box retail, would you?

Products like the Amazon Echo, Nest Thermostat and even the Apple iPhone received massive boosts through retail distribution, allowing their customers to interact with the devices, test their capabilities, and experience their features before purchasing.

Retail was integral to the success of these products, and for once investors have the option to invest in a company that’s gearing up for a massive retail rollout.

RYSE is about to launch in over 100 Best Buy stores, where consumers will be able to get an in-person feel for their window shade automation solutions.

This will be RYSE’s first foray into retail, and with practically no competition, they are poised to dominate their category of the smart home industry.

It was through retail distribution deals with Best Buy that RING changed doorbells and Nest changed thermostats.

Only two weeks left to take advantage of this opportunity - invest now.

_HEADLINES

Top Reads

• Top Fed official recommends tougher rules for large banks (Axios)

• Did Nvidia ruin earnings season for stock market bulls? (YF)

• Private equity firms are forcing stock sales into fragile markets (BB)

• The salary Americans say they need to feel financially secure (CNBC)

• SVB sues FDIC to get $1.9 billion seized returned (YF)

• Rivian options buyers may be driving stock higher (Reuters)

• How higher rates are changing the corporate bond market (Axios)

• 5 ways the bull market makes investors nervous (WSJ)

• India to become world’s second-largest economy by 2075 (CNBC)

• America’s workforce is shrinking (WP)

_{BOOK OF THE DAY}

The Success Paradox

The Success Paradox is the improbable story of a life and business transformed, told in a warmly authentic style that says: “I hit rock bottom, I surrendered, I began doing the opposite of what I’d been doing before, miracles happened, and here’s what you can learn from my journey.”

With riveting personal details that illuminate his discoveries, Gary details how he defied the odds – not just to survive but to thrive - by implementing a series of paradoxical strategies, fundamentally opposite to anything he’d ever done before.

The result is an inspiring book about what happened to him and a blueprint for readers to experience how to surrender and win in business and life.

“Success is not a goal. It’s a lifestyle.”

_{ENLIGHTENMENT}

Short Squeez Picks

• How to start investing in real estate with as little as $5,000

• The four-word phrase emotionally intelligent people use to be present

• Your financial success may come down to knowing one critical thing about yourself

• How to learn something new every day

• How to pivot your career in 5 simple steps

_{DAILY VISUAL}

Used Car Prices Tumble

Monthly change in wholesale used vehicle prices

_{SPONSORED BY BUENA FE}

The Tequila You Did Not Ask For But Need

Pure Brands Company, known for the popular Buena Fé RTD line, is shaking up the alcohol industry with their latest offering - "Not A Celebrity Tequila." This brand emerged in response to the increasing trend of celebrity-backed tequila brands, offering an additive-free, 100% agave blanco alternative.

Many celebrity alcohol brands use mass-produced, artificially flavored tequila, which doesn't reflect traditional tequila's distinct taste. Pure Brands aims to challenge this trend, offering a product that embraces the notes of cooked agave and pepper, not masked with artificial sweetness.

Pure Brands insists on the importance of staying true to tequila's roots, celebrating traditional practices and consistent quality.

With an investment as low as $153, you can become a part-owner of “Not A Celebrity Tequila” through Pure Brands Company's crowdfunding campaign on StartEngine.

Invest in tequila today.

_{DAILY ACUMEN}

Goals, Systems, and the Art of Adaptability

Ever wondered whether you should be setting goals or establishing systems? This hot topic is creating a lot of buzz these days. Here's the breakdown: creating a system, or a set of daily habits, could make you more consistent rather than being tangled in the chase of often elusive goals.

But let's hold our horses! There's another side to the coin. Systems, while efficient, can create a sense of false progress. They can work like a charm in a stable environment, but our world is anything but that. We are in an era where change is the only constant, and flexibility becomes our lifesaver.

Systems, however, can provide clarity and control. For instance, instead of having a goal of getting a 10% raise, you can create a system. Wake up early, hone your skills for 30 minutes daily, and document your achievements. Voila, you're in control!

The twist? Systems can sometimes tie you down. Let's say life takes a turn, or the economy shifts - you might need to reassess your goals and systems. Remember, rigidity can break things, be it in your career, relationships, body, or mental health.

The bottom line? Balance is the key! While goals and systems provide structure and clarity, flexibility allows for adaptation and growth. A well-rounded approach means setting goals, creating flexible systems, and being open to change. Now that's the winning trifecta for success and happiness in this ever-changing world!

_{MEME-A-PALOOZA}

Memes of the Day