Esports' $5 Billion Power Play by 2029

Here are the top 3 events in the markets today...

GOOD MORNING

(Thursday)

Here’s everything you need to know today: There are currently 14,157 publicly traded companies in the United States and over 1000+ articles released about S&P500 companies alone every single day. Today we will be showing you the top 3 events that you need to know today:

Market Performance (1 month)

  1. Dow - 6.34%

  2. S&P 500 - 3.57%

  3. Nasdaq - 1.92%

  4. Bitcoin - 37.54%

Today (Here’s 3 things you need to know)  

  1. Tesla drops new Full Self Driving 13

Tesla’s Full Self-Driving (FSD) Version 13 is officially hitting the streets, and investors are buzzing like a Tesla supercharger. Announced by Ashok Elluswamy, Tesla’s AI guru, the update boasts upgrades to every part of its driving network. Even Elon Musk couldn’t resist chiming in, tweeting, “It’s Alive!” Meanwhile, videos of Teslas reversing out of parking spaces—thanks to a slick new feature—are already making waves online.

FSD, Tesla’s $99/month software, is more than just a flashy add-on. It’s the foundation of Musk’s master plan: turning Teslas into fully autonomous robotaxis by 2025. While FSD handles most driving tasks, human supervision remains the rule. Still, Musk’s bold claim that it will outperform human drivers in two years has investors strapped in for the ride.

Analysts like Wedbush’s Dan Ives are hyped, putting a $1 trillion valuation on Tesla’s self-driving potential. He maintains a $400 stock target, fueled by the belief that autonomy will redefine Tesla’s business. Tesla stock is already up 39% this year, well ahead of the S&P 500’s 26% gain.

Musk’s recent ties to the Trump administration, where he’ll advise on cutting government waste, add a new twist. Investors speculate this could grease the regulatory wheels for Tesla’s robotaxi launch—a much-needed edge against rival Waymo, which logs 150,000 self-driving rides weekly.

With FSD 13 rolling out and Musk’s robotaxi dreams steering closer to reality, Tesla’s vision of the future isn’t just alive—it’s on autopilot.

  1. Leveling Up: Esports' $5 Billion Power Play by 2029

The global esports market is on track to surpass $5 billion by 2029, growing at an impressive 17.48% annual rate, far outpacing industries like American football and global music.

However, the path to this explosive growth is not without hurdles. Regulatory challenges create a fragmented global landscape, with South Korea setting the standard for governance while regions like North America and Southeast Asia struggle with inconsistent policies.

Emerging markets such as China and Saudi Arabia add complexity with stringent gaming and content restrictions. Despite these obstacles, the rapid adoption of Augmented Reality (AR) and Virtual Reality (VR) is transforming esports, enhancing both gameplay and audience experiences through mixed-reality tournaments and immersive content.

For investors, success in esports requires a diversified strategy. Revenue streams are expanding from sponsorships and tournament winnings to in-game purchases, digital collectibles, and subscription services.

Partnerships with game developers like Riot Games and streaming platforms like Twitch and YouTube are essential to scaling the industry. Additionally, emerging markets such as India and Southeast Asia offer untapped potential fueled by improved internet infrastructure and mobile adoption.

With AR and VR leading innovation and a booming global audience, esports is primed to become a mainstream entertainment giant.

  1. Earnings watch for the week

The week’s earnings lineup promises insights into consumer trends, with results from retailers like Dollar Tree, Ulta Beauty, Foot Locker, and cloud-service heavyweight Salesforce. Retailers will shed light on post-Black Friday and Cyber Monday spending, particularly as discounts drive demand and shoppers show a surprising willingness to splurge on premium goods.

Notably, Adobe reported U.S. online spending reached $77.4 billion from Nov. 1-24, up 9.6% year-over-year, with high-ticket items like big-screen TVs making a comeback. Meanwhile, regulatory battles and competitive threats from Amazon and Walmart weigh on dollar stores, and Ulta grapples with intensifying beauty competition.

Salesforce will take center stage in the tech realm, reporting Tuesday amidst strong stock performance fueled by AI ambitions. Investors will be watching its cloud and AI-driven initiatives, with concerns around leadership transitions and IT spending cuts adding intrigue.

Meanwhile, Thor Industries, Campbell's, and Marvell Technology will provide a diverse glimpse into RVs, food, and tech. Ulta’s Thursday report could signal whether beauty demand remains recession-resistant or falters under new pressures from Sephora at Kohl’s and Walmart’s premium push.

Market Memes Of The Day

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