Motley Fool Money Small Caps are Back!
Jul 19, 2024
Brett Schulman, CEO of Cava, shares insights on his Mediterranean restaurant chain's impressive growth and plans to expand to 1,000 locations. He discusses the current dynamics of the market, highlighting the recent spike in small-cap stocks amidst shifting investor sentiment. The conversation touches on how Cava navigates challenges in the restaurant industry and the impact of changing consumer preferences on their operations. Schulman adds a personal touch by sharing what he enjoys in his own bowl at Cava.
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Small-Cap Rally?
- The Russell 2000's unusual 11% spike in 5 days is unprecedented outside of crises.
- This may signal a shift away from mega-cap dominance, which some view as risky.
CrowdStrike Glitch Grounds Planes
- A CrowdStrike update caused widespread IT outages, grounding Bill Mann's kid at the airport.
- This highlights the fragility of our tech-dependent systems and the risks of cybersecurity.
EU Regulation vs. US Tech
- The EU's Digital Markets Act aims to regulate big tech, but may stifle innovation.
- American dominance in tech presents a dilemma for Europe, creating potential downsides for regulation.