- Ring The Bell
- Posts
- đź’µ One Lucky Bet
đź’µ One Lucky Bet
A parlay with a 400x return. Plus, Dave Portnoy's turbulent Spirit ride and more.
Happy Friday Zingers! Big Tech had a big day yesterday — but they didn’t get there by playing nice. Netflix, Spotify and YouTube have all announced they will not support apps for Apple’s Vision Pro. Oh well. I wasn’t exactly clamoring to experience Squid Game in VR anyway.
Today, we’re taking a look at an unparalleled parlay, Portnoy’s bumpy ride and more.
And, did someone forward you this email? Click here to subscribe to this Benzinga newsletter and more.
MARKET SNAPSHOT
Yesterday: The NASDAQ Composite led the way. Meanwhile, the Dow lagged on the day, as energy and financial names underperformed tech — but honestly, how could they not?
On Our Radar: Several regional banks are reporting this morning, including Comerica, Regions and more. Here’s to a better Q1 for the sector than last year’s.
TOP STORY
Briefly: Shares of Spirit Airlines tumbled this week on news that a federal judge blocked the planned acquisition of the company by JetBlue.
So Basically: While many investors remained scared to board Spirit’s stock, Barstool Sports founder Dave Portnoy took a stab at $SAVE’s stock yesterday.
But Then: In the same minute, the company announced a restructuring and the stock nosedived by more than 20%.
And A Twist: Portnoy endured the turbulence, and ended up making his money back before the market closed.
What Next: Check out the full story here.
PRESENTED BY MARKETMASTERS
Market Masters breaks trading down into basic building blocks (like Legos) and tells you how to assemble them for success.
Think of them like a school, but for the real-world. We make learning the full stack of trading skills a fun, collaborative process.
Not only is live voice trading included, but you'll also get 1000+ hours of content, daily classes, trading view indicators, and more.
With a 4.93/5 positive feedback rating, it's no wonder thousands of customers have trusted Market Masters.
FIVE ZINGERS
All In: Investors sure love their chips. Here’s why Super Micro Computer’s stock took off yesterday.
Mag 7 2.0: Goldman’s CEO Solomon says he doesn’t see the Fed cutting rates seven times this year — but it would be magnificent for stocks if they did.
Betting On The House: Investors are thinking the house always wins and running up DraftKings’ stock.
Nothing Micro About It: Microsoft overtook Apple as the largest company in the world, and this analyst thinks there’s more growth to come.
Now That’s A Lunch Date: One man spent $5 million on two lunches with Warren Buffett. Here’s what he got out of it.
ONE FOR THE ROAD
Briefly: One skilled (read: lucky) bettor placed a parlay that is poised to pay off spectacularly.
The Details: The parlay included four championships across different leagues:
Las Vegas Aces WNBA Champions: -230
Texas Rangers MLB Champions: +850
Michigan NCAA Football Champions: +850
Baltimore Ravens NFL Champions (Super Bowl LVIII): +1,800
The Payload: The $10 bet could win the FanDuel user $24,000 if the Ravens end up taking home the Lombardi Trophy. They are currently the second favorite to do so, after the San Francisco 49ers.
The Out: The house may be scared it won’t win this time. The sportsbook is offering the bettor a $4,000 cashout option. Hey, a 400x bagger ain’t bad if you ask me.
What Next: Check out some other crazy parlays here.
A MESSAGE FROM OUR PARTNERS
You’ve probably seen the news: there’s a bourbon shortage.
But how did this happen?
The answer might surprise you - flavored whiskey.
Flavored whiskey is a trendy new category of whiskey with flavors like peanut butter, strawberry, and cookie dough. (Basically, dessert in a bottle.)
But there’s a problem. Flavored whiskey uses 6 to 18-month-old casks. These casks could, would, and should be great bourbon 4+ years from now. Instead, producers are using this premature whiskey to make lower-quality flavored whiskey and disrupting the supply chain.
Here’s how you can take advantage of this trend. Vinovest enables you to invest in traditional high-rye bourbon. These casks will be held for 5 years to ensure that they become great bourbon, and Vinovest will take care of storage, insurance and eventual selling of your whiskey.
It’s time to bottle your wealth. Get started in under 5 minutes at Vinovest.co.