⛽️ Gas ain't too bad, actually

Social media site Reddit announced plans to go public | Europe's gas bills finally calmed down | [Finimize](   TOGETHER WITH   Hi {NAME}, here's what you need to know for February 24th in 3:13 minutes.   🍿 Last year gave us Barbie and Oppenheimer. Join us for [The Top Trading Opportunities To Watch In 2024]( on Monday, and find out what's worth your eyeballs this year. [Grab your free ticket]( Today's big stories - Reddit, the platform known for harvesting stock market frenzies, announced plans to go public itself - Here’s how you could build a portfolio with as little as $1,000 – [Read Now]( - European gas prices slipped to their lowest in two years, which could finally spell the end of the region’s stubborn energy crisis Wall Street Bet [Wall Street Bet] What’s going on here? Reddit’s [set]( to go public in one of the year’s biggest listings, taking a punt that its digital die-hards will bring their passion to the real-life stock market. What does this mean? Many a stock market frenzy has been born from the forums of Reddit, but the two-decade-old platform has so far shied away from the public market itself. Peek into Reddit’s files, though, and the digital hangout spot has clearly struggled to turn online fame into financial gain. Just last year alone, Reddit racked up over $90 million in losses. That might be why the social media platform is keen to tap into the wallets of loyal users and moderators, more affectionately known as Redditors. Reddit hasn't let slip how much it thinks it's worth, but some analysts expect a valuation of roughly $5 billion for the public market debut, according to Bloomberg, which could happen as soon as March. Why should I care? For markets: Forget historical literature, AI is learning from Reddit. Redditors deliver conspiracies, hot takes, and witty quips, but that doesn’t pay the bills. The San Francisco-based company makes money selling advertising space, forcing it to compete against TikTok and Meta. No wonder, then, that Reddit jumped at the chance to [let]( Google pay for access to the platform’s data stash to train up AI algorithms. The deal's reportedly worth $203 million, so Reddit could make $66 million in revenue from the tie-up alone this year – about a tenth of its total takings last year. The bigger picture: The stock market is getting crowded. Reddit’s public market debut will gauge how investors feel about buying into a venture capital-funded startup. The better the launch goes, the more private companies will consider following suit. That’s not to say that Reddit’s going it alone, mind you: fast-fashion giant Shein, Microsoft-backed data security whiz Rubrik, healthcare payment firm Waystar Technologies, and Kim Kardashian's Skims underwear brand are all expected to go public this year. You might also like: [Bed, bath, and a stratospheric squeeze.]( Copy to share story: [( 🙋 [Ask a question](mailto:questions@finimize.com?body=Ask us a question: Where are you writing from? Let us know and we'll mention it when we reply.&noapp=true&subject=Wall Street Bet&utm_campaign=daily-global-24-02-2024&utm_source=email) Analyst Take How To Invest $1,000, $10,000, Or $100,000 [How To Invest $1,000, $10,000, Or $100,000]( [Photo of Stéphane Renevier, CFA] Stéphane Renevier, CFA, Analyst Congrats, you’ve finally got some cash to [invest]( and you’re ready to make the jump. Now you need to figure out how to [build a portfolio for the long term](. That’ll hinge on your goals and constraints, as well as the amount of money you have to invest. So let’s take a look at [how you might build a solid long-term portfolio](, no matter your bank account balance. That’s today’s Insight: [how you could invest $1,000, $10,000, or $100,000](. [Read or listen to the Insight here]( SPONSORED BY PERCENT Get up to $500 with your first private credit investment [Private credit]( is now a $1.9 trillion asset class – and counting. In fact, big-name fund managers like Goldman Sachs are calling private credit “the biggest opportunity set across the alternative space”*. That’s because investors can use private credit investments to [diversify portfolios and hedge against inflation and rising interest rates](, usually without compromising returns. After all, [Percent]( – the [investing platform]( that’s funded over $1 billion in private credit deals – had a weighted average APY of 18% on deals last year, while paying out over [$17 million in interest]( to investors. The best bit: not only can you explore the investments that institutional investors have been buying for years, but you can [get up to a $500 bonus with your first deal on Percent](. [Find Out More]( *[( When you support our sponsors, you support us. Thanks for that. If you want your brand featured here, [get in touch.]( Healing Energy [Healing Energy] What’s going on here? European gas prices [fell]( to their lowest in two years, a sign that the region’s energy crisis might finally have discovered its calmer side. What does this mean? Expensive energy is a double whammy for folks’ budgets. Not only do household bills bite even harder, but because companies are stuck with higher costs across the board as well, plenty of everyday items end up costing more too. That had been the case ever since war in Europe meant that Russia’s hefty supply was suddenly out of bounds. But European nations have kept a cap on their energy use, while stocking up on natural gas alternatives from the US. So now, Europe’s gas tanks are around two-thirds full. That effort to reduce the scarcity factor paid off: energy prices have come down to their lowest since May 2021, which should help Europe make inflation skedaddle. Why should I care? For markets: And, relax. The carbon dioxide released from Europe’s collective sigh of relief could create fuel for a small country. Everyday Europeans will have more manageable bills. Companies can focus on what they do best, instead of compromising profit margins to pay for rising operating costs. Even the European Central Bank can catch a break: as lower energy prices bring down inflation, the central bank could consider cutting interest rates to let the economy breathe a little easier. The bigger picture: Europe doesn’t know how to go it alone. There’s just one hitch: Europe has essentially switched its dependency on Russian gas for a reliance on American supplies. That’s plugged the gap over the last couple of years, but it still puts the region in a vulnerable spot. If Asian countries bid more for a bigger share, extreme weather causes problems for energy plants, or US politics turn spicy, then Europe could be left out in the cold again. You might also like: [Investing in the oil and gas industry in good times and bad](. Copy to share story: [( 🙋 [Ask a question](mailto:questions@finimize.com?body=Ask us a question: Where are you writing from? Let us know and we'll mention it when we reply.&noapp=true&subject=Healing Energy&utm_campaign=daily-global-24-02-2024&utm_source=email) 💬 Quote of the day "When your work speaks for itself, don't interrupt." – Henry J. Kaiser (an American industrialist) [Tweet this]( SPONSORED BY CONSUMERDIRECT The business making money by tackling America’s debt problem A successful company does one of two things: save folk time, or save them money. [ConsumerDirect]( does both, helping borrowers understand their debts and [saving them roughly $8,800 each on their auto and mortgage loans](*. For investors, the platform has a lot going for it: - Experience. CEO David Coulter successfully led two tech companies to an IPO. Now, he heads up ConsumerDirect along with an executive team from esteemed credit bureaus. - Margins. 4,000-plus distribution partners selling their subscription-based services at a loan-to-value/customer-acquisition-cost ratio of 8.4x**. - Profit, baby. ConsumerDirect made over [$91 million gross revenue***](, a result of bringing sales up by – count it – 540% since 2019****. 92 million Americans stand to improve their credit scores*****. With a market like that, [ConsumerDirect is just getting started – and it’s looking for new investors to join the mission](. [Find Out More]( *Calculation Methodology: Our savings calculations are estimates using historical internal data. It is based on analysing subscribers' credit reports that had an increased credit score, while a current subscriber, for two categories: new auto and new mortgage financings. The calculations assumed precise credit score reporting, a consistent correlation between score ranges and financing rates, uniform loan terms except for interest rates, and steady interest rates over the loan’s term, along with unvarying borrowing behaviors among users. It’s important to note that our calculation estimates rely on accurate credit reporting, average loan data and current interest rates, but may not account for an individual subscriber’s interest rate variations, if any, or significant shifts in users’ borrowing and repayment habits, if any. Additionally, there was an assumed conversion from VantageScore® v3.0 to FICO® v8.0 and then verified by an official FICO® v8.0 calculator to determine savings from starting credit score to credit score before the above mentioned financing occurred. Our calculation is subject to change without notice. **Based on Internal Reports, Based on unaudited 2023 financials. ***Based on an Internal financial statements evaluation of gross revenue calculated for the trailing 12 months ending December 2023. ****Based on an Internal financial statements evaluation of growth revenue calculated between 10/19-09/23. *****Based on information obtained from the following publications: [FICO,Â]([Experian.]( When you support our sponsors, you support us. Thanks for that. If you want your brand featured here, [get in touch.]( 🎯 On Our Radar 1. Pull your tooth out, now. The [tooth fairy]( has become especially generous. 2. Crypto projects thrive on network effects. Here's [what to look at in a crypto project]( to see how much it’s worth.* 3. Nvidia basically runs the world. [Meet the man]( behind the stock market star. 4. Robinhood is a master at using content to keep customers coming back for me. Well, [here's the masterclass](. 5. Your partner was right. To make your arguments hurt less, you need to [listen more](. When you support our sponsors, you support us. Thanks for that. SPONSORED BY HEALTHWORDS.AI [HEALTHWORDS.AI]( When you support our sponsors, you support us. Thanks for that. 🌍 Finimize Live 🤩 Coming Up Soon... All events in UK time and online except one. (You'll spot it.) 🔒 [Unlocking Trading Opportunities In 2024](: 1pm, February 26th 🔮 [Future-Proof Your Portfolio With Artificial Intelligence](: 5pm, February 27th 🔥 [Embark On Your Investment Journey With CFA Institute](: 5pm, February 29th 🎟 [Understanding Wealth Client Behavior with Avaloq](: 5pm Central European Time, February 29th at the Mandarin Oriental Savoy, Zurich 🤑 [The Rise of Bitcoin ETFs](: 5pm, March 6th 🚀 [2024 Modern Investor Summit](: 2pm, December 3rd ❤️ Share with a friend Thanks for reading {NAME}. If you liked today's brief, we'd love for you to share it with a friend. You stay classy, {NAME} 😉 We’d love to hear your thoughts. 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