⚡️ Prepare for strikes

An upcoming strike could derail automakers | Instacart lowered its ambitions | [Finimize](   TOGETHER WITH   Hi {NAME}, here's what you need to know for September 12th in 3:13 minutes.   🌐 Anyone can hitch a ride on a trend: it's foresight that sets the true winners apart. So join Morningstar's Kunal Kapoor for [The Rise Of The Evolving Investor]( this Tuesday, September 12th, and find out how to update your tactics for a changing world. [Get your free ticket]( Today's big stories - An upcoming strike by US auto workers could do a whole lot of damage - Here’s how one Chinese automaker is leaving competitors in the dust – [Read Now]( - Instacart’s going public – at a serious discount Braking Point [Braking Point] What’s going on here? An [upcoming strike]( by the United Auto Workers (UAW) union could wreak havoc on the US economy. What does this mean? About 146,000 auto workers are gearing up for a potential strike this week if General Motors, Ford, and Stellantis don’t give in to their demands. And it seems they’ve set their sights pretty high: we’re talking a whopping 46% pay hike over four years, plus some sweeter retirement benefits, and a shorter workweek to boot. But the companies themselves are less than enthusiastic about this shopping list of goodies. After all, they’ll need to shell out big time on the EV revolution in the coming years, and giving in to these demands could further jack up their car prices – making European and Asian competitors look all the more tempting. Why should I care? For you personally: Put the pedal to the metal. If you’ve been daydreaming about cruising in a new American-made car, prepare for a potential hit to your savings. As of the end of August, America's Big Three automakers boasted a 70-day car inventory – but once that dwindles, prices might surge. And considering the pandemic’s lingering effects, which have already made new cars rarer than they were in 2019, you just might want to act fast to bag a ride at a decent price. The bigger picture: Running on empty. Should the UAW’s demands get the green light, labor costs could rocket from $66 to an eye-watering $136 per hour. And the broader economic landscape could take a hit too: even a brief ten-day strike could bleed the three titans of $5 billion, potentially pushing Michigan’s economy to the brink of a recession. After all, the 40-day UAW strike in 2019 cost General Motors alone a whopping $3.6 billion. And that’s not to mention the potential fallout for suppliers and their workforces, as well as the price drops that commodities like steel could face. You might also like: [How not to get left in the dust in the EV boom.]( Copy to share story: [/braking-point]( 🙋 [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=Braking Point&utm_campaign=daily-global-12-09-2023&utm_source=email) Analyst Take EVs Are The New Muscle Car, And This Chinese Automaker Is Flexing Hard [EVs Are The New Muscle Car, And This Chinese Automaker Is Flexing Hard]( By Russell Burns, Analyst It wasn’t Porsche or Tesla or BMW that got everyone talking at the huge auto show in Munich this month: [it was BYD](. And [the fast-growing Chinese electric carmaker]( didn’t just steal the limelight: it had its American and German competition shaking in their boots. That’s because BYD and other Chinese manufacturers are now setting global standards for EVs, and laying down [a challenge for automakers]( across Europe, Asia, and the US. That’s today’s Insight: [where to look for opportunities as the auto industry shifts gears.]( [Read or listen to the Insight here]( SPONSORED BY IG Britain’s top (bargain) dividend stocks right now The UK hasn’t quite recovered from its economic challenges – and that’s an understatement. And while Brits will be hoping for a speedy turnaround, the country’s slowdown means investors could nab some [top British stocks for a lot less than they’d usually cost them](. Now, there’s only one opportunity better than a cheap, quality stock: [bargain dividend-paying stocks](. You don’t even need to sift through the UK’s markets to find them: IG’s made [a list of the UK’s best dividend stocks right now](. DisclaimerYour capital is at risk. 70% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. [Find Out More]( When you support our sponsors, you support us. Thanks for that. Upsetting The Instacart [Upsetting The Instacart] What’s going on here? Instacart – the biggest online grocery delivery company in the US – has set a pretty underwhelming price range for its upcoming listing. What does this mean? Once soaring to a valuation of $39 billion during the 2021 pandemic boom, Instacart has now set its sights a whole lot lower for its [public debut]( – at around $9.3 billion. Born in San Francisco and nurtured by big names like Sequoia Capital, the delivery giant became indispensable during lockdowns. But as we edged toward a post-pandemic world, the company wound up facing headwinds. And while it’s commendable that Instacart’s become profitable in a challenging space, it’s facing a slowdown in growth, tighter margins, and investors who’ve grown wary of once-celebrated tech unicorns. Why should I care? For markets: What goes up often comes down. In its heyday, Instacart stood as a beacon of tech success, cashing in on pandemic shopping shifts and investors' love for bright tech prospects. But all good things must come to an end, especially with rising customer acquisition costs and fierce competition threatening its dominance. That’s not to say that Instacart’s reduced valuation has landed it in the bargain bin, though. Sure, it’s priced more attractively than competitor Gopuff, but it still demands a premium compared to industry stalwarts like DoorDash and Uber. And being the market’s Goldilocks – not too high, not too low – may not be the worst move in these interesting times. The bigger picture: A barometer for private tech. Instacart’s looming debut is a litmus test for VC-backed tech startups, especially after a two-year lull. And its performance could foreshadow a new trend for IPOs – ushering in an era of humbler valuations after the pandemic’s giddy highs. But while a stumble might spook other startups, a smooth launch could inspire them – especially cash-strapped firms that have put off launching because of worries about their valuations. You might also like: [Here’s how to get armed and ready for the hottest IPO in ages.]( Copy to share story: [/upsetting-the-instacart]( 🙋 [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=Upsetting The Instacart&utm_campaign=daily-global-12-09-2023&utm_source=email) 🤝 Partner with us Finimize is much more than just this newsletter: we’re a full-blown [one-stop shop]( for engaging with [modern investors](. So whether you’re a fintech, founder, or just a fed-up exec, rest assured – we’ve got [the solutions]( you need. [Book A Demo]( 💬 Quote of the day "I intend to live forever. So far, so good." – Steven Wright (an American comedian) [Tweet this]( Maximize your open rates in a few simple steps If you’re reading this, it means the Finimize newsletter stood out in your teeming inbox – and that says a lot about the kind of [subject lines]( that we write. After years of work, millions of emails, and countless A/B tests, we've figured out [the formula]( for industry-leading open rates. And at long last, we’re letting everyone in on our secrets – with a [simple guide to world-class subject lines](. [Check It Out]( 🎯 On Our Radar 1. Dream big. Regular napping might just [expand your brain](. 2. Bitcoin’s big news. You can trade the most popular cryptocurrencies without fronting big prices with [these micro-sized tools](.* 3. Lost in Alaska, found on cam. A bear-watching livestream becomes a [hiker's lifeline](. 4. This decade is not like the last. Here's how to [make sure your strategy will keep up](.** 5. European escapes, no passport needed. 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