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☆ I worked at SpaceX where Elon Musk was a cubicle away. At Elon's companies, it's add value or leave.
▼ + stars: | 2024-05-08 | by ( Jamie Killin | ) www.businessinsider.com time to read: +8 min

Vincent Peters worked in military compliance when he was poached to work at SpaceX. So I graduated on medical leave, couldn't be deployed, and continued on medical leave for another six months before being discharged. I was introduced to people on the SpaceX Mission team, and ultimately, they asked me to interview with them for a job at SpaceX. AdvertisementThat mentality is how I started working on Starlink. In 2020, I asked to help and was allowed to work on their projects in addition to my work at SpaceX.

Persons: Vincent Peters, —, couldn't, Freddie Mac, I'd, Gwynne Shotwell, I've, it's, It's, We're Organizations: SpaceX, Service, Federal Aviation Administration, US Government, SpaceX Mission, International, NASA, Department of Defense, SpaceX SpaceX, Elon Locations: West, cubicles, Elon

☆ I worked at SpaceX. It was the most ruthlessly efficient company I've ever worked for.
▼ + stars: | 2024-05-08 | by ( Jamie Killin | ) www.businessinsider.com time to read: +7 min

This is an as-told-to essay based on a transcribed conversation with Vincent Peters, founder of Inheritance AI and former SpaceX employee discussing his career path and experience at SpaceX. I was introduced to people on the SpaceX Mission team, and ultimately, they asked me to interview with them for a job at SpaceX. What it's like working at SpaceXSpaceX is the most efficient company I've ever worked for. AdvertisementThat mentality is how I started working on Starlink. In 2020, I asked to help and was allowed to work on their projects in addition to my work at SpaceX.

Persons: Vincent Peters, couldn't, Freddie Mac, I'd, Gwynne Shotwell, I've, it's, It's, We're Organizations: Service, SpaceX, Business, Federal Aviation Administration, US Government, SpaceX Mission, International, NASA, Department of Defense, SpaceX SpaceX, Elon Locations: West, cubicles, Elon

☆ I tried making the viral Caesar chicken-crust pizza, and I get why the easy high-protein dish is so popular on TikTok
▼ + stars: | 2024-05-08 | by ( Terri Peters | ) www.businessinsider.com time to read: +1 min

I tried the high-protein, low-carb Caesar-salad chicken-crust pizza I keep seeing on TikTok. The dish uses canned chicken to make a low-carb, high-protein pizza crust and is easy to make. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Millions of TikTok users have viewed Caesar-salad chicken-crust pizza videos in which creators share recipes and promise the viral dish tastes fresh and flavorful. So, I made the viral Caesar-salad chicken-crust pizza in my own kitchen — and my family and I were pleasantly surprised.

Persons: — Organizations: Service

☆ A man charged with killing his hospitalized wife told police he couldn't afford her medical bills
▼ + stars: | 2024-05-07 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

A man said he killed his wife because he couldn't pay her medical bills, per a police statement. AdvertisementA man charged with strangling and killing his wife at the hospital said he did it because he couldn't pay her medical bills, according to a detective's probable cause statement. AdvertisementHe admitted to killing his wife by choking her and covering her mouth and nose to keep her from screaming, before leaving the hospital, according to the statement. Medical debt has surged over the last decade, becoming the largest source of debt in collections, per the National Institutes of Health. AdvertisementAs Business Insider previously reported, about a quarter of Gen Z and millennials are skipping rent and mortgage bills to pay off medical debt.

Persons: Ronnie Wiggs, —, Todd Winborn, Winborn, Wiggs, Miranda, he'd, Jean Peters Baker, Gen Organizations: Service, Centerpoint Medical Center, NPR, Family Foundation, National Institutes of Health Locations: Missouri, Independence , Missouri, Jackson County

☆ My family of 4 tried Red Lobster's $30 family 'meal deal.' It was tasty but we wouldn't get it again.
▼ + stars: | 2024-05-06 | by ( Terri Peters | ) www.businessinsider.com time to read: +1 min

I tried Red Lobster's family taco meal deal for $30 — it was not enough to feed my family of four. Red Lobster's family taco meal deal Had I not added fries and biscuits, I think my family would've been hungry later that night. As far as family-style meal deals from chain restaurants go, this one was not worth the price. AdvertisementMany chain restaurants, from Panera Bread to IHOP , have been adding family-style meal deals to their menus. So, instead of cooking dinner on Taco Tuesday, I headed to seafood chain Red Lobster to try its family taco meal deal.

Persons: — Organizations: Service, Taco

☆ UChicago Says Free Speech Is Sacred. Some Students Sees Hypocrisy.
▼ + stars: | 2024-05-06 | by ( Jeremy W. Peters | Jamie Kelter Davis | ) www.nytimes.com time to read: +1 min

The University of Chicago has built a brand around the idea that its students should be unafraid to encounter ideas or opinions they disagree with. To drum that in, the school provides incoming students with copies of its 2014 free-speech declaration, known as the Chicago statement, which states that freedom of expression is an “essential element” of its culture. That neutrality, the university argues, allows for a robust, unencumbered exchange of ideas. Many professors swell with pride talking about how the school’s commitment to these principles has endured through two world wars, Vietnam and, more recently, the tumult of the Trump administration. And more than 100 institutions have adopted or endorsed similar principles.

Persons: Trump Organizations: University of Chicago Locations: Chicago, Vietnam

☆ China has a lot more missiles — with US warships and bases in its sights
▼ + stars: | 2024-05-04 | by ( Chris Panella | ) www.businessinsider.com time to read: +18 min

American warships and bases in the Pacific are within reach of an increasingly worrying threat, a missile force unlike anything the US has faced in combat. With these missiles, China is signaling that it could attack US bases and ships in the region with little to no warning, Clark said. TK Department of DefenseThere's a lot more to the Chinese Rocket Force than these weapons, though. AdvertisementThat said, the US and its allies can't afford to assume the Rocket Force won't be ready should conflict come. In other words, how the US prepares itself and adapts to the Chinese Rocket Force gives it the best shot at avoiding a fight altogether.

Persons: China's, Andersen, Thomas Shugart, Bryan Clark, John Aquilino, Kevin Frayer, Harry Harris, Harris, Clark, Shugart, Gerald R, Kendall Warner, Byrd, US Defense Department Harris, Robert Peters, Peters, Ronald Reagan, Andrea Rosembert, Cpl, Ryan Little, Charles Flynn, I'm, Flynn, it's, Andy Wong Organizations: Business, Army Rocket Force, Pentagon, China's Rocket Force, Department of Defense TK Department of Defense, Center, New, New American Security, US Navy, PLA, Hudson Institute, Pacific Command, People's Liberation Army Rocket Force, Eastern Theater Command, People's Liberation Army PLA, Getty, Rocket Force, Liberation, TK Department of Defense, Chinese Rocket Force, US Defense Department, Ford, Virginian, Tribune, Service, Japan, Self, Defense Force, Misawa Air Base, Pacific, US, Defense, Aegis Ballistic Missile Defense, Army, Heritage Foundation, Aegis, Guam, Area, Ronald, Ronald Reagan Ballistic Missile Defense, Department of Defense, US Air Force, Marine Corps, Andersen Air Force Base, Marine, Combat, US Army Pacific, Stealth, Force, Military Locations: Beijing, China, American, Guam, South, Washington, Japan, New American, People's Republic of China, South Korea, Taiwan, South China, AFP, U.S, Marshall, Pearl, Pacific, PLARF, Tiananmen

☆ It’s Not Just Gaza: Student Protesters See Links to a Global Struggle
▼ + stars: | 2024-05-01 | by ( Jeremy W. Peters | More About Jeremy W. Peters | ) www.nytimes.com time to read: +1 min

Talk to student protesters across the country, and their outrage is clear: They have been galvanized by the scale of death and destruction in Gaza, and will risk arrest to fight for the Palestinian cause. But for many, the issues are closer to home, and at the same time, much bigger and broader. In their eyes, the Gaza conflict is a struggle for justice, linked to issues that seem far afield. They say they are motivated by policing, mistreatment of Indigenous people, discrimination toward Black Americans and the impact of global warming. In interviews with dozens of students across the country over the last week, they described, to a striking degree, the broad prism through which they see the Gaza conflict, which helps explain their urgency — and recalcitrance.

Organizations: Black Locations: Gaza

☆ Julian Assange’s mission was to change the world - but at what cost?
▼ + stars: | 2024-04-27 | by ( Lauren Said-Moorhouse | Claudia Rebaza | ) edition.cnn.com time to read: +14 min

Julian Assange leaves a Melbourne court after facing charges of computer hacking in 1995. WikiLeaks/ReutersUnder a global spotlightAs WikiLeaks continued its disclosures, Assange found himself the latest cause célèbre – his every movement intensely scrutinized. … He liked the fuss that (the disclosures) caused but he was oddly incurious actually about the documents.”Others offer alternative explanations for Assange’s eccentricities. There were mounting calls for Assange to leave WikiLeaks and, when he didn’t, many cut ties with it. Outside the confines of his diplomatic shelter, the world questioned whether Assange was trying to circumvent justice.

Persons: London CNN — Julian Assange, ”, He’s, Chelsea Manning, Joe Biden, Assange’s, Anthony Albanese, Assange, “, ” –, Julian Assange, Ian Kenins, Sarah Palin’s, Atika Shubert, Shubert, ” Shubert, célèbre, Fidel Narvaez, “ Assange, ” Narvaez, James Ball, Joe Raedle, ” Ball, Ball, …, Narvaez, Hans Crescent, Lenin Moreno, Moreno, Abu Hamza al, Masri, Stella Assange, Daniel Leal, Stella, “ I’m, Nick Vamos, It’s, Alice Jill Edwards, Agnès Callamard, El País, Der Spiegel, Jameel Jaffer, Xiaofei Xu, Alex Stambaugh Organizations: London CNN, WikiLeaks, Court, Ecuadorian, Army, Australian, Pentagon, NASA, University of Melbourne, Fairfax Media, of Scientology, Republican, CNN, Chelsea, Apache, Reuters, Guardian, Ellingham, Hans, London’s Metropolitan Police, US Justice Department, of Justice, Britain's, Getty, Peters & Peters, Prosecution Service, Human Rights, UN, Amnesty, The New York Times, Columbia University Locations: United States, Australian, London’s, Australia, Townsville, Queensland, cybercrime, Melbourne, Guantanamo Bay, Cuba, Iraq, London, Afghanistan, ”, Sweden, Ecuador, UK’s, Belmarsh

☆ Inside the Crisis at NPR
▼ + stars: | 2024-04-24 | by ( Benjamin Mullin | Jeremy W. Peters | ) www.nytimes.com time to read: +1 min

NPR employees tuned in for a pivotal meeting late last year for a long-awaited update on the future of the public radio network. After many tumultuous months, marked by layoffs, financial turbulence and internal strife, they signed in to Zoom hoping to hear some good news from NPR’s leaders. What they got instead was a stark preview of the continued challenges ahead. For the past two weeks, turmoil has engulfed NPR after a senior editor assailed what he described as an extreme liberal bias inside the organization that has bled into its news coverage. The editor, Uri Berliner, said NPR’s leaders had placed race and identity as “paramount in nearly every aspect of the workplace” — at the expense of diverse political viewpoints, and at the risk of losing its audience.

Persons: Daphne Kwon, Uri Berliner Organizations: The New York Times, NPR Locations: America

☆ You can get better returns by looking outside of the Mag 7, says Hannah-Gooch Peters
▼ + stars: | 2024-04-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailYou can get better returns by looking outside of the Mag 7, says Hannah-Gooch PetersHannah Gooch-Peters, Global Equity Investment Analyst at Sanlam Investments, discusses tech stocks, market breadth, and where she's finding opportunity outside of the Magnificent 7.

Persons: Hannah, Gooch Peters Hannah Gooch Organizations: Peters, Global Equity Investment, Sanlam Investments

☆ How the Israel-Gaza Protests Could Hurt the Democratic Party
▼ + stars: | 2024-04-21 | by ( Jeremy W. Peters | ) www.nytimes.com time to read: 1 min

Protests over the Israel-Hamas war could also complicate this year’s convention and the Democratic messaging for President Biden, whom Republicans have eagerly cast as too indulgent of chaos and disorder in American society. Last week, Fox News and other conservative outlets repeatedly showed demonstrations that made the country seem on the edge: Columbia University sending in the police to arrest students on campus; protesters shouting “genocide!” at President Biden at a campaign stop; demonstrators chaining themselves to cars to block traffic, creating gridlock. “The whole Republican message is, ‘The world is out of control and Biden is not in command,’” said David Axelrod, the Democratic strategist and adviser to former President Barack Obama. “They will exploit any images of disorder to abet and support it.”

Persons: Biden, ’ ”, David Axelrod, Barack Obama, “, ” Organizations: Democratic, Republicans, Fox News, Columbia University Locations: Israel

☆ Carbon Dioxide Levels Have Passed a New Milestone
▼ + stars: | 2024-04-20 | by ( Aatish Bhatia | ) www.nytimes.com time to read: +6 min

Global carbon dioxide levels as of … Play animation Source: National Oceanic and Atmospheric Administration’s Global Monitoring Laboratory The chart shows monthly numbers of carbon dioxide molecules per million molecules of dry air. Carbon Dioxide Levels Have Passed a New MilestoneCarbon dioxide acts like Earth’s thermostat: The more of it in the air, the more the planet warms. More carbon dioxide, warmer temperatures Source: NOAA (carbon dioxide); NASA (temperature) The chart shows the change in global surface temperature relative to 1951–1980, versus global carbon dioxide levels. Currently, carbon dioxide levels are rising at near-record rates. Annual change in carbon dioxide levels Source: NOAA’s Global Monitoring Laboratory The chart shows the increase in global carbon dioxide levels over the course of each year.

Persons: Glen Peters, Doug McNeall, Xin Lan, ”, El Niño, El, Mr, McNeall, “ Organizations: NOAA, NASA, National Oceanic, Global, Budget, CICERO Center, International Climate Research, Britain’s Met

☆ Netflix is the dominant streaming service. So why is it changing its model?
▼ + stars: | 2024-04-18 | by ( Samantha Delouya | ) edition.cnn.com time to read: +5 min

CNN —Netflix, the dominant player in streaming, is expected to announce its first-quarter results on Thursday after enjoying months as a Wall Street darling. But much of the company’s past growth and success, analysts say, has come from its old, well-established business model. In recent months, Netflix has made moves to expand and even radically reinvent that business. Last year, Netflix made a particularly risky bet by pushing users who share passwords to create their own accounts — but that paid off. Netflix’s reinventionFor Netflix, last month’s Oscars were a disappointment: Though the streaming service led its rivals in nominations, it took home just one award, for best live-action short film.

Persons: Peacock, ”, Ross Benes, ” Alicia Reese, “, Greg Peters, ” Reese, Reese, Robert Falconer, Amy Reinhard, “ I’m, Peters, We’ve Organizations: CNN, Netflix, Disney, Max, Warner Bros, City, Wedbush Securities, WWE, USA, Rockstar Locations: Hulu, eMarketer, United States

☆ Netflix gained 9.3 million subscribers this year as it adjusts streaming strategy
▼ + stars: | 2024-04-18 | by ( Samantha Delouya | ) edition.cnn.com time to read: +6 min

CNN —Netflix, the dominant player in streaming, says it grew sales, profits and added more than 9 million subscribers as it revealed first-quarter results on Thursday. In total, Netflix now has 269.6 million subscribers, a record high. In recent months, Netflix has made moves to expand and even radically reinvent its business in an effort to juice profit. In January, Netflix announced it had acquired the exclusive rights to "WWE Raw" live, currently seen on Comcast's USA cable network. In January, Netflix’s president of advertising, Amy Reinhard, shared that Netflix’s ad-tier had more than 23 million users.

Persons: ”, eMarketer, Ross Benes, Wall, Peacock, ” Alicia Reese, “, Greg Peters, ” Reese, Reese, Robert Falconer, Amy Reinhard, Peters, We’ve Organizations: CNN, Netflix, Disney, Max, Warner Bros, City, Wedbush Securities, WWE, USA, Rockstar Locations: Hulu, United States

☆ Netflix forces Wall Street to focus on profit and revenue with decision to stop reporting subscriber numbers in 2025
▼ + stars: | 2024-04-18 | by ( Alex Sherman | ) www.cnbc.com time to read: +4 min

Netflix said Thursday it will no longer report quarterly membership numbers and average revenue per membership starting in the first quarter of 2025. It's also a signal Netflix's second wave of subscriber growth may be ending. Netflix shares fell 4% in after-hours trading, in part because of a weaker full-year revenue growth outlook than some analysts estimated. Netflix forecast revenue growth of 16% in the second quarter but just 13% to 15% for the full year. "In our early days, when we had little revenue or profit, membership growth was a strong indicator of our future potential," Netflix said in its shareholder letter.

Persons: It's, haven't, Greg Peters Organizations: Netflix, ARM, Apple, Warner Bros, Disney, Paramount Global, Comcast, CNBC Locations: U.S

☆ Colleges Warn Student Demonstrators: Enough
▼ + stars: | 2024-04-18 | by ( Jeremy W. Peters | ) www.nytimes.com time to read: 1 min

The 100-year-old annual honors convocation at the University of Michigan is typically a decorous affair, with a pipe organ accompanying golf-clap applause. This year’s event was anything but. Protesters rose from their seats, and unfurled banners with “Free Palestine” written in red paint. They shouted, “You are funding genocide!”Unable to continue with the ceremony, university officials cut it short, as hundreds of disappointed students and their parents stood up and walked out. Two days after the honors convocation, the university’s president, Santa J. Ono, issued a stern rebuke: Enough.

Persons: “, Santa J, Ono Organizations: University of Michigan Locations: Santa

☆ I moved my family down south to Florida over 7 years ago. I mostly love it, but life here has been filled with surprises.
▼ + stars: | 2024-04-17 | by ( Terri Peters | ) www.businessinsider.com time to read: +1 min

My family moved from Maryland to Florida over 7 years ago, when my teens were in elementary school. From hurricane parties to political protests, I've experienced a lot and I love living here. Florida is more than just Walt Disney World and gators, but both of those exist here. AdvertisementIt's been over seven years since my husband and I chose to relocate our family from Maryland to Florida. It's a decision I've never regretted once, but living in the Sunshine State is very different from life in the Northeast.

Persons: I've, —, It's Organizations: Walt Disney World, Service, Sunshine State, Disney, Business Locations: Maryland, Florida, Sunshine

☆ The race for ever-cooler workplaces is leaving employees the winners
▼ + stars: | 2024-04-10 | by ( Tim Paradis | ) www.businessinsider.com time to read: +6 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementKat Hunt never wanted to work from home. Hunt, whose job is in finance in Portland, Oregon, needed a place for some team members to gather in New York City. Hunt wanted a spot that wasn't your typical WeWork or similar. Courtesy Kat Hunt and Radious"I was allowed to work from home, but I never wanted to," Hunt said.

Persons: —, Kat Hunt, Hunt, Radious, Amina Moreau, Moreau, Combinator, Ryan Masiello, That's, Googlers, Clelia Warburg Peters, It's Organizations: Google, JPMorgan, Service, Earth Finance, San, Francisco's Pier, Ventures Locations: luxe, Portland , Oregon, New York City, Portland, Brooklyn, San Francisco, Portland , Milwaukee, San Francisco Bay, New York, Mountain View , California, Francisco's

☆ I tried to order my family the viral $12 'dinner box' at McDonald's. I'm never trying it again — but you might get lucky.
▼ + stars: | 2024-04-10 | by ( Terri Peters | ) www.businessinsider.com time to read: +1 min

I tried to get a "dinner box" from McDonald's after seeing a TikTok user get tons of food for $12. But "dinner box" deals vary by location — franchisees decide if and how they'll offer them. My local eatery was a bust for "dinner box" deals, but at least the McDonald's app saved me money. AdvertisementThe one consistent thing about the latest viral McDonald's menu item, the "dinner box," it's how inconsistent it seems to be. Since I live with two teenagers who'd eat McDonald's for every meal if I'd let them, I tried to find the fabled $12 "dinner box" at my closest Mickey D's locations.

Persons: —, Mickey D's Organizations: Service

☆ On a multigenerational family cruise, my kids got to know their grandmother better — and my husband and I got free babysitting
▼ + stars: | 2024-04-07 | by ( Terri Peters | ) www.businessinsider.com time to read: +8 min

Read previewMy kids are teenagers now, but we've been taking them on cruises since they were tiny. My father-in-law passed away unexpectedly last year, and the devastating loss made me even more determined to get my mother-in-law, who my kids call Grammy, onto a cruise ship with my family. My kids got to see their Grammy be adventurousOn their cruise, Terri Peters and her family enjoyed exploring together during port excursions. We had great conversations during mealsDuring dinner, the family would all get to know each other better by having interesting conversations. Yes, bringing Grammy along meant we got some free babysittingTerri Peters' mother-in-law watched her kids while she and her husband had a day date.

Persons: —, we've, we'd, Thomas, Terri Peters, Castillo, She's, we're, there's Organizations: Service, Business, Cruises, Princess Cruises, El Locations: Florida, Pennsylvania, Bahamas, Puerto Rico, St, San Juan, San Juan Puerto Rico, Castillo San Felipe del Morro

☆ CPAP replacement works well for the overweight, not obese, study finds
▼ + stars: | 2024-04-04 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +9 min

CNN —An implant for obstructive sleep apnea — a serious sleep malady in which breathing stops for 10 seconds to two minutes many times an hour each night — works best in people who are overweight but not severely obese, a new study found. “There’s a huge unmet need of patients that are suffering with obstructive sleep apnea and not able to tolerate CPAP,” Landsness said. nicolesy/iStockphoto/Getty ImagesAbout a third of patients have difficulty using a CPAP and may ultimately abandon the device, Landsness said. Obstructive sleep apnea is also connected to type 2 diabetes, asthma, obesity, kidney disease, chronic obstructive pulmonary disease, thyroid disease and mental illnesses such as depression and anxiety. “As an alternative treatment for sleep apnea, this hypoglossal nerve stimulation surgery could revolutionize some people’s lives,” he said.

Persons: Eric Landsness, St . Louis, ” Landsness, ”, Kristen Knutson, “, Landsness, CPAP, Brandon Peters, Mathews, ” Peters, Raj Dasgupta, Dasgupta, “ I’ve Organizations: CNN, Washington University School of Medicine, Medicare, BMI, Northwestern University’s Feinberg School of Medicine, Virginia Mason Medical Center, Food and Drug Administration, Huntington Health, Mayo Clinic, telltale Locations: St ., Chicago, Seattle, Pasadena , California

☆ I shopped for spring clothes at Gap and Banana Republic, and I'm not sure I'd go back to either retailer
▼ + stars: | 2024-04-04 | by ( Terri Peters | ) www.businessinsider.com time to read: +1 min

I shopped for clothes and jewelry at Gap and Banana Republic, and neither retailer impressed me. Although I can afford to spend more money on clothing, I'd rather splurge on a meal or vacation. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIt's been nearly a decade since I shopped at Gap or Banana Republic, but the retailers — both owned by parent company Gap Inc. — have been mall staples for as long as I can remember. This story is available exclusively to Business Insider subscribers.

Persons: —, It's, Richard Dickson Organizations: Republic, Service, Gap Inc, Mattel, Business Locations: Republic

☆ ‘It felt so wrong’: Chumbawamba wants New Zealand politician to stop playing ‘Tubthumping’ at rallies
▼ + stars: | 2024-04-03 | by ( Dhruv Tikekar | ) edition.cnn.com time to read: +8 min

But those headlines were soon eclipsed by Chumbawamba publicly condemning Peters’ use of its song. “Everything that Peters stands for is counter to Chumbawamba’s world view,” the band’s founding member and former vocalist, Dunstan Bruce, told CNN. Chumbawamba, which broke up in 2012, has asked its former record company, Sony Music Publishing, to issue a cease-and-desist letter to New Zealand First. In response to CNN’s request for comment, New Zealand First Party President Julian Paul said the party had nothing further to add. “As we rise, the dirt will start all over again,” he said during a party convention in July, according to a transcript published by New Zealand First.

Persons: Winston Peters strode, Peters, ” Peters, Chumbawamba, Dunstan Bruce, Winston Peters, Hagen Hopkins, ” Chumbawamba, “ Tubthumping, ”, Bruce, “, Peter Dungate, ” It’s, Eminem, Vivek Ramaswamy, Donald Trump, Rihanna, Pharrell Williams, Bruce Springsteen, Nigel Farage, Hutton Supancic, Julian Paul, Emmanuel Heisbourg, Heisbourg, “ tubthumping, You’re, — Peters, ‘ Organizations: CNN, New Zealand First, Labour, New, National, ACT, New Zealand, General Motors, Sony Music Publishing, APRA, NZ, New Zealand’s National Party, rapper’s, Republican, Independence Party, UKIP, Southwest, SXSW UKIP, University of Montreal Locations: Palmerston, British, Nazi Germany, New, New Zealand

☆ Feeling FOMO over Reddit or Truth Social? Here's another way to cash in on meme stocks
▼ + stars: | 2024-04-03 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

Meme stocks, which gained popularity through social media platforms like Reddit and Twitter, have attracted retail investors looking to make a quick profit. In 2021, GameStop shares skyrocketed by more than 1,500% in just a few weeks, driven by a coordinated effort from retail investors on the Reddit forum r/WallStreetBets . This means that retail investors are often in a disadvantaged position when trading. Cashing in So, what can investors do to capitalize on the trading phenomenon without taking on the risks associated with meme stocks? Gooch-Peters suggests looking at the exchanges themselves, citing Intercontinental Exchange (ICE) as an example.

Persons: Hannah Gooch, Peters, Gooch, Gerry Fowler, Fowler Organizations: GameStop, Sanlam Investments, Twitter, UBS, Intercontinental Exchange, ICE, Quality, New York Stock Exchange, Nasdaq, CBOE

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