Happy Wednesday Zingernation! I believe it was Mr. Rogers who once said there are three ways to succeed: The first is to be kind. The second is to be kind. The third is to drop five grand on a memecoin.

That’s how one trader found success anyway, flipping $5,000 into more than $1 million through an investment in the crypto token "dogwifhat", or $WIF. I wonder what “man wif red cardigan” would have to say about that.

Today, a uranium stock hit an all-time high, Elon Musk got seller’s remorse and more.

Also, learn more about the company that's revolutionizing the way people work out from home.

And, did someone forward you this email? Click here to subscribe to this Benzinga newsletter and more.

MARKET SNAPSHOT

Yesterday: The DOW moved lower as energy and financial names lagged, while the NASDAQ Composite and S&P 500 closed just slightly lower.

On Our Radar: Lots of economic data coming our way this morning, from U.S. retail sales to the import price index and more. 

TOP STORY

Uranium Energy Stock Makes A New All-Time High

Briefly: Uranium Energy Corp shares traded higher yesterday after the company announced it is restarting its uranium production operations in Wyoming.

What To Know: The first production is anticipated during August, with more information on the expected volumes for the first year of production to be provided by the company in the coming months. 

Nuclear Returns: UEC is up more than 150% in the last six months, energizing investor portfolios. Talk about going nuclear.

What Next: Want to read more about what’s going on with uranium names? Click here.

PRESENTED BY BEACHBODY

The Beachbody Company’s Business Model Proves Resilient As Working-Out At Home Keeps Trending

Fitness fads come and go but The Beachbody Company, Inc.’s (NYSE: BODY) business model is proving resilient. Even with gyms reopening after the COVID-19 pandemic ended people still prefer to work out at home and it's showing in The Beachbody Company, now operating as BODi’s results.

Take its month-over-month retention rate for starters. It's at an impressive 96%. That means only 4% of its customers don’t come back for a workout or nutrition advice the next month. Its digital platform BODi, which was revamped and rebranded earlier this year, is seeing double-digit growth.

In the third quarter premium digital subscriptions for BODi grew 27% quarter-over-quarter, exceeding 900,000 subscribers. Meanwhile, about 60% of subscribers of its legacy Beachbody on Demand platform have renewed with the new BODi offering, exceeding internal expectations.

After four months of testing various workout applications, the CNN team recently crowned the BODi application as the best workout application in 2023. 

With such a high retention rate, BODi is optimistic things will only get better in the months to come as more consumers log on to its digital platform here. 

FIVE ZINGERS

Then There Were Eight: We’ve come a long way from the start of the NFL season 20 weeks ago. Check out the latest betting odds on the Final 8.

End Of An Era: GameStop will shut down its NFT platform amid ongoing regulatory concerns and headaches.

Night Terrors: First Solar’s stock couldn’t see the light of day yesterday, continuing a significant sell-off.

Better Late Than Never: At 76 years old, Elton John joined the elusive ‘EGOT’ club at Monday night’s Emmy Awards.

Fixer Upper: Home Depot got an upgrade yesterday from a Wedbush analyst. Here’s why he’s bullish.

ONE FOR THE ROAD

Elon Musk Wants To Own 25% Of Tesla

Briefly: Musk is learning the hard way that there are no “takesie backsies.”

Back Up: The Tesla CEO has sold more than $7 billion in shares of the EV company. But how he wants them back.

Quoted: "I am uncomfortable growing Tesla to be a leader in AI & robotics without having ~25% voting control," Musk said on X.

So What: Musk, a famously reasonable man, wants just enough shares “to be influential, but not so much that [he] can't be overturned.”

That Said: He didn’t offer to pay nearly twice Tesla’s fair value for absolute control. So maybe he learned something from the Twitter fiasco after all.

What Next: Read the full breakdown of the latest Musk drama here.

PRESENTED BY BENZINGA

The Road to Wealth in 2024: A Benzinga Seminar

Welcome to "The Road to Wealth in 2024: A Benzinga Seminar" – an insightful event designed to guide you through the financial landscape and unveil the strategies leading to wealth creation in the coming year. Join us tomorrow for an enlightening journey as we explore the latest trends, market insights, and investment strategies propelling individuals towards financial success.

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