The New Booming Industry

THE PROFITS💸

• The New Booming Industry

• Shake Shack’s Growth

• The New Probable High Ticket Tech Stock

Read Time: 3.5 mins

THE BIG PROFITS💸
The New Booming Industry
What do Paris, Gen Z, Millennials, and Money have in common?

Shake Shake Stock Pops Off
Shake Shack Found Their Loophole.

The New Probable High Ticket Tech Stock
A stock that could mimic Nvidia’s Exponential Rise in July.

New Industry

The New Booming Industry

This summer, social media highlights how many are traveling to Europe, with major events like the Paris Summer Olympics, Taylor Swift’s Eras Tour, and Formula One contributing to the trend.

The sports and music tourism economy is projected to hit $1.5T by 2032, with sports tourism alone estimated to grow from $564.7B in 2023 to $1.33T.

Events like the F1 Las Vegas Grand Prix and the Paris Summer Olympics are driving significant economic impact, with travelers spending heavily on accommodation, airfare, and event tickets.

The majority of Gen Zers and millennials prefer spending on experiences, contributing to this tourism surge.

Shake Shack

Shake Shack Stock Pops Off

Shake Shack's sales have surged this year, significantly boosting its stock price, while competitors like McDonald's, Wendy's, and Burger King have faced declining customer spending.

In the second quarter, Shake Shack reported a 16% increase in sales, continuing its strong performance from the first quarter.

Conversely, McDonald's experienced a drop in same-store sales, and while Wendy's and Burger King have made efforts to boost sales through value offerings, results have been mixed.

Fast-casual chains like Shake Shack are benefiting from a narrower price gap with fast-food options, leading to improved perceptions of value and increased customer traffic.

Favorite Restaurant

New Stock Alert!

The New Probable High Ticket Tech Stock

Apple currently holds the top spot with a market cap of $3.4 trillion, driven by recent AI announcements.

Microsoft, Nvidia, Alphabet, Amazon, and Meta Platforms also rank among the world's most valuable companies due to their strong AI initiatives, with Supermicro potentially poised to join their ranks due to rising demand for AI servers.

Supermicro has a long history of designing cost-efficient, high-performance servers, making it well-suited for the growing demand in AI and hyperscale data centers.

Its strategic partnerships with major AI chipmakers and strong revenue growth—200% year-over-year for Q3 fiscal 2024—underscore its increasing market share and potential for continued expansion, recently earning it a spot on the Nasdaq-100 Index.

Supermicro has an advantage over its rivals due to its agility and strong relationships with top AI chipmakers, allowing it to quickly meet the rising demand for AI servers.

While it will take time to reach a $1 trillion market cap, with projected 2024 revenue of $14.9 billion, the company’s significant growth potential is evident. If Supermicro maintains high growth rates, it could achieve a $1 trillion valuation by 2029-2032. Wall Street analysts, like those at Bank of America, predict ongoing demand for AI-capable servers, highlighting Supermicro's massive opportunity in this expanding market.

Stock Poll

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THE DAILY ADVANTAGE

25% To Go: As earnings season winds down with over 75% of S&P 500 companies having reported, key updates from Palantir, Uber, Walt Disney, Eli Lilly, and Gilead are still anticipated this week. Uber reported a surprise $700 million loss as they adjusted investments while pharmaceuticals like will share if they can still drive profits especially with Lilly’s weight loss drugs.

The State of Bitcoin: Bitcoin (BTC) dropped nearly 15% last week, marking its largest seven-day decline since the FTX collapse in November 2022, and continued its decline into Monday's Asian session, reaching its lowest level since February. This sell-off is driven by investors moving away from riskier bets due to escalating Middle East tensions and signs of a slowing U.S. economy, with nearly $200 million in Bitcoin long positions liquidated over the past two days. Key chart levels to watch amid further selling include $56,000 for potential support, $47,000 near the January peak, $40,000 near a January swing low, and $35,000 from a previous consolidation period.

Warren Buffet’s Principle: We are in a very scary undetermined place right now with or U.S. Economy, however, Warren Buffet, a genius investor and business owner stated, “Fearful when others are greedy but Greedy when others are fearful.” Be greedy Opportunists.