TLDR

MARKET RECAP → The Dow (DIA) managed a small gain on Thursday after back-to-back gains. Tomorrow is another day.

STARBUCKS BARISTA STRIKE EXPANDS → Starbucks baristas at over 300 stores in 45 states joined a strike, demanding a 64% wage hike and better contracts, while the company called union demands “unsustainable.” 🪧

NVIDIA SEES 'REMARKABLE' INFLUX OF RETAIL INVESTOR DOLLARS → Nvidia captured $30 billion in retail inflows this year, solidifying its status as the ultimate AI stock while delivering a staggering 477% gain. 🚀

Was this email forwarded to you? Sign up for free here.

On the move? Subscribe to our daily podcast here.

MARKETS

Today’s S&P 500 Heatmap

Notable Earnings This Holiday SZN

TODAY’S TOP NEWS

Starbucks Barista Strike Expands to 300+ Stores Across 45 States

🪧 Baristas Escalated Strike: Starbucks workers across 300+ stores in 45 states joined a strike involving about 5,000 employees. Organized by the Service Employees International Union and Starbucks Workers United, the action aims to protest alleged unfair labor practices and push for a 64% minimum hourly wage hike, growing to 77% over three years.

💸 Union vs. Corporate Stalemate: Workers criticized Starbucks for inadequate investment in wages, while the company called union demands "not sustainable." Starbucks highlighted its average $30/hour pay-and-benefits package for 20+ hour employees and blamed the union for walking away from negotiations.

📉 Starbucks Leadership Under Pressure: Despite a summer investor boost from new CEO Brian Niccol, shares recently fell amid the broader market downturn. Niccol pledged to negotiate in good faith, though his leadership history at Chipotle included settlements over labor disputes.

TODAY’S TOP NEWS

Nvidia Sees 'Remarkable' Influx Of Retail Investor Dollars

🤑 Retail traders funneled nearly $30 billion into Nvidia stock in 2024, making it the most-bought equity by individual investors. Nvidia's AI dominance fueled a 477% stock surge, dethroning Tesla as the retail favorite.

🚀 Nvidia's meteoric rise placed it among the most valuable U.S. companies, with a $3 trillion market cap. Retail investors now hold over 10% of their portfolios in Nvidia, doubling its presence compared to early 2024.

🎯 Despite cooling inflows, Nvidia remains a retail darling, with investors optimistic about its leadership in AI. Retail enthusiasm has even spilled into real-world events, underscoring its cultural and financial impact.

BULL VS. BEAR

NOTABLE POSTS

KEEP READING

FDA says the Zepbound shortage is over. Here’s what that means for compounding pharmacies, patients who used off-brand versions (CNBC)

Japan stocks rise as government reportedly set to propose record budget (CNBC)

Here’s why business leaders are spending big on Trump’s inaugural committee (CNBC)

As older Americans downsize, over 20 million homes could become available—but they’re not where young people want to move (CNBC)

When Were Credit Cards Invented? Unpacking The History (ML)

How to Retire Early: 10 Steps to Achieve Financial Independence (ML)

Is a 900 Credit Score Possible? (ML)

Subscribe to our daily podcast

WHAT WE’RE WATCHING

OUR FAVORITE TOOLS & RESOURCES

• OpenBB — AI-powered research and analytics workspace

• Earnings Hub — Earnings calendar

• Quiver Quantitative — Quiver allows retail investors to tap into the power of big data with insights into things like congressional trades as they are disclosed

• Perplexity — Perplexity AI is an AI-chatbot-powered research and conversational search engine

• The Market Ear — Live news, analysis and commentary on what moves markets and trading

• Coinmarketcap.com — Crypto market data

• Finviz — Financial visualizations

• Trading Economics — Economic calendar

• CME FedWatch Tool — Market-implied probabilities of future levels of interest rates 

• Dataroma — Track stock picks and portfolios of legendary value investors such as Warren Buffett

• ChatGPT — Large language model-based chatbot powered by generative AI

• Vimcal — Lightning-fast calendar and AI scheduling assistant

^{_{The Bull vs. Bear Merchandise Promotion is a limited time campaign that begins on December 1, 2023 at 12:00 AM ET and ends on the date that there are no more Rewards. This Promotion is available to any registered MoneyLion user who is a legal resident of the 50 United States or the District of Columbia and who has reached the age of majority in their state as of the beginning of the Promotional Period. See terms and conditions here.}}

<sup><sub>This advertising email was sent to you because you have a MoneyLion account. If you would like to unsubscribe, please do so using this link. We respect your right to privacy. Please do not reply to this email with sensitive information, such as an account number, Social Security number, date of birth, bank account information, PIN, password, or Online ID. The security and confidentiality of your personal information is important to us. If you have any questions or want to read more, please visit our Help Center.

MoneyLion and Pathward do not provide, nor do they guarantee, any third-party product, service, information, or recommendation. The third parties providing these products or services are solely responsible for them, as well as all other content on their websites. MoneyLion is not liable for any third party’s failure with regard to those advertised products, services, and benefits. These advertised products and services may not be FDIC insured or bank-guaranteed, and may be subject to a different privacy policy than MoneyLion’s. You should check individual offers, products, and services to become familiar with any applicable restrictions or conditions that may apply. MoneyLion may receive compensation from third parties for referring you to the third party, their products or to their website.

The influencer, creator and other content provided in the MoneyLion App (“Content”) is for informational and entertainment purposes only and should not be construed as legal, tax, investment, financial, or other advice. All Content is intended to be of a general nature, does not address the circumstances of any particular individual or entity, and may not constitute a comprehensive or complete statement of the matters discussed. MoneyLion is not a fiduciary by virtue of any person’s use of or reliance on the Content. You should consult an appropriate professional if you require any legal, tax, investment, financial or other advice. Terms and Conditions for our subscriber referral can be found here.</sub></sup>