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☆ What this NFL Draft pick plans to do with his new money—from mutual funds and a Roth IRA to Air Jordan 1 sneakers
▼ + stars: | 2024-04-27 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

Fiske, 24, was drafted by the Los Angeles Rams in the second round of the 2024 NFL Draft on Friday evening. "I had never been around that much money," Fiske told MarketWatch last month. Together, they've discussed "how my financial life is going to change" upon signing an NFL contract, Fiske noted. "I'm putting money into mutual funds, index funds, high-yield savings accounts and maybe exploring new investment opportunities, too," he said, adding: "I also have a Roth IRA ... But that doesn't mean he won't splurge on a fun purchase: He's an avowed fan of Nike's Air Jordan 1 sneakers, for example.

Persons: Braden Fiske, —, Fiske, you've, they've, Roth, he's Organizations: Los Angeles Rams, Florida State University, FSU, NFL, Roth IRA, Air, Honda Accord, CNBC

☆ NFL draft prospect who could get a $2.7 million signing bonus still drives his old Honda Accord: 'It gets me from A to B'
▼ + stars: | 2024-04-25 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

That would mean a likely contract of around $8 million over four years, including a $2.7 million signing bonus, according to MarketWatch . The idea of young athletes reaping instant riches has long been an annual subplot of the NFL draft. The money I received gave me a peace of mind I did not have previously," Fiske told Business Insider. Though he made some savvy choices, Fiske admitted he made "a few mistakes" early on after receiving his NIL money. "I'm sure I'll give in once I see more 0s on my account," Fiske told MarketWatch.

Persons: Fiske, Braden Fiske, he's, He's, he'll Organizations: Honda Accord, Florida State University, NFL, NCAA, FSU, Business, IRA, Air, CNBC Locations: Detroit

☆ Things keep getting worse for Tesla
▼ + stars: | 2024-04-09 | by ( Grace Kay | ) www.businessinsider.com time to read: +3 min

Tesla might be facing another difficult quarter, Baird analysts warn. The carmaker reported a drop in its delivery numbers for the first time since 2020 last week. "We think Q1 results will be messy due to several one-time items and continue to believe Q2 estimates are likely still high," Kallo wrote, according to MarketWatch. "We speculate Tesla likely unveils both a robotaxi and a $25k vehicle," Kallo wrote. Tesla's stock dipped more than 5% on the day the delivery numbers were released and it's down more than 29% year to date.

Persons: Tesla, Baird, —, Robert W, Ben Kallo, Kallo, Elon Musk's, Musk, Tesla's Organizations: Service, MarketWatch, Bloomberg, Reuters, Tesla Locations: Delaware, Berlin

☆ Chase CEO Jamie Dimon and billionaire hedge fund founder Ray Dalio admit they got warnings on US economy wrong — for now
▼ + stars: | 2024-03-10 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

Jamie Dimon and Ray Dalio told WSJ that the US economy's performance has surprised them. AdvertisementChase CEO Jamie Dimon and billionaire hedge-fund founder Ray Dalio appear to be hedging on their doom-and-gloom predictions for the US economy after warning for some time that a recession was imminent. In September 2022, Dalio told MarketWatch that, as stocks and bonds suffer, the US will likely slide into a recession in 2023 or 2024. Advertisement"I was bearish on the economy," Dalio told The Wall Street Journal. Dimon told the newspaper that he "would have thought some of the fiscal stimulus would have worn off by now."

Persons: Jamie Dimon, Ray Dalio, —, Dalio, Dimon, Andrew Hollenhorst, David Rosenberg, CNBC's Organizations: Service, CNBC, Wall Street, Citi's, Rosenberg Research Locations: Ukraine

☆ Oprah has left WeightWatchers, sending stocks spiraling and spelling doom for the diet of our foremothers
▼ + stars: | 2024-02-29 | by ( Mia De Graaf | Rachel Hosie | ) www.businessinsider.com time to read: +7 min

Oprah Winfrey will not seek reelection to the board of WW International, known as WeightWatchers. It was a surprising time to jump on board — WeightWatchers had been shedding users, and its stock price was dwindling. AdvertisementDespite not naming the brand, there was an immediate spike in demand for GLP-1 medications — the popular new class of weight-loss drugs. That same day, WW added a weight-loss drug arm to its business, acquiring Sequence, a service that provides weight-loss drugs. AdvertisementLong-term, WW needs to find a new identityOver time, WW will benefit from being a purveyor of hard-to-access weight-loss drugs.

Persons: Oprah Winfrey, —, Oprah giveth, Oprah taketh, maven, Winfrey, — WeightWatchers, Axios, Oprah, Forbes, Craig, Alex Fuhrman, Winfrey's, We're, Atkins Organizations: WW International, Service, SEC, Guardian, People Magazine, MarketWatch, Mayo Clinic, Business, Smithsonian's National Museum of, CNBC, Slate Locations: GLP, WeightWatchers

☆ These are the 7 healthcare startups primed to IPO when the market reopens
▼ + stars: | 2024-01-29 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +2 min

Only one digital health startup went public in the US in 2022 — digital therapeutics company Akili Interactive, whose shares have since crashed a whopping 97%, per MarketWatch. Not a single healthcare startup went public last year. ArriVent Biopharma went public a few days later, bringing in $175 million. AdvertisementIndustry experts remain skeptical about whether the public markets will be ready for a successful healthcare IPO this year. Business Insider has identified seven startups that could be considering an IPO as the markets reopen, based on conversations with top VCs and bankers and public filings.

Persons: —, Metagenomi, ArriVent Biopharma Organizations: Service, Business, Akili Interactive, Alto Neuroscience, Oncology, BrightSpring Health Services, KKR, Walgreens, Industry

☆ Meta is approaching a $1 trillion market cap after Mark Zuckerberg's 'Year of Efficiency'
▼ + stars: | 2024-01-19 | by ( Huileng Tan | ) www.businessinsider.com time to read: +2 min

Shares of Meta Platforms are approaching the $1 trillion mark after its stock price gained 200% in 2023. Meta's market cap is now $966.60 billion, which means it's $33.4 billion away from the prized $1 trillion milestone. Microsoft is currently leading the pack with a market cap of $2.93 trillion. In the third quarter of 2023, Meta reported strong earnings that beat analysts' estimates. They would need to close at $389.13 for the company's market cap to hit the trillion-dollar mark, according to a MarketWatch calculation.

Persons: —, Meta, Mark Zuckerberg Organizations: Service, Business, Big Tech, Microsoft, Apple, Nvidia, Dow, Market, Meta, Bloomberg

☆ Inflation at 3% isn't the problem — it's the expectation that interest rates will soon fall, asset manager says
▼ + stars: | 2024-01-19 | by ( Huileng Tan | ) www.businessinsider.com time to read: +2 min

This means interest rates are likely to stay at higher levels for longer. AdvertisementMarkets are far too optimistic about the prospects of interest rate cuts — because inflation is still above the Federal Reserve's target, an asset manager told MarketWatch. AdvertisementLower interest rates boost demand for loans, spurring investment and spending, while higher rates have the opposite effect. The Fed slashed benchmark interest rates to boost the US economy amid the Great Recession until they hit the range of 0% to 0.25% at the end of 2008. Interest rates were once again slashed to near-zero in March 2020 when the economy was hit by the pandemic.

Persons: SEI's James Solloway, —, James Solloway, Solloway Organizations: Service, SEI, Fed, Labor Locations: Pennsylvania

☆ Trump said the only reason the stock market is doing well right now is because of his performance in the polls
▼ + stars: | 2024-01-11 | by ( Madison Hall | ) www.businessinsider.com time to read: +3 min

Former President Donald Trump said Wednesday that the stock market is doing well at the moment. If he loses in 2024, he said "I think the stock market would crash." AdvertisementRepublican former President Donald Trump said he believes the only reason the stock market's performing well is because of his success in the polls. At the town hall, Fox News host Bret Baier brought up a recent comment from Trump about the stock market. And I think frankly, if I didn't win, I think the stock market would crash, I believe."

Persons: Donald Trump, he's, Biden, —, Trump, Ron DeSantis, Nikki Haley, Bret Baier, Herbert Hoover, Joe Biden, they'd Organizations: Service, Republican, Fox News, Florida Gov, South Carolina Gov, Trump, Democratic, Biden, Dow Jones, White Locations: Iowa

☆ The Red Sea attacks are throwing supply chains into chaos — but US oil exports appear to be benefiting from them
▼ + stars: | 2024-01-08 | by ( Huileng Tan | ) www.businessinsider.com time to read: +1 min

International oil buyers are purchasing more US shale amid attacks on commercial ships in the Red Sea, said a Mizuho analyst. US petroleum exports rose by 35% on-week to nearly 5.3 million barrels a day for the week ended December 29. Oil prices have not been getting much of a boost from the Red Sea attacks. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe ongoing attacks on commercial ships in the Red Sea by Iran-backed Houthi rebels are causing chaos for the world's supply chains — but American oil exports appear to be benefiting from them.

Persons: —, Robert Yawger Organizations: Service, EU, Mizuho Securities USA, Business Locations: Red, Mizuho, Red Sea, Iran

☆ After an extraordinary November for stocks, December has a lot in its corner. Here's why
▼ + stars: | 2023-12-01 | by ( Bob Pisani | ) www.cnbc.com time to read: +3 min

The stock market is boring right now, and that is not a bad thing. There's a strong backdrop going into December. The S & P 500 was up 8.9%, its best month since July 2022, and the fourth-best November since 1950. If it doesn't seem that way, it's because the S & P has been flat for the past week and a half. There will be lots of complaints about high valuations, and the cynics will be right: The S & P is approaching 19-times 2024 earnings.

Persons: Goldman Sachs, Morgan Stanley, let's Organizations: Triple Witching, Treasury, Atlanta, Wall Street, Deutsche Bank, BMO Capital Markets, Capital Markets, Bank of America, Barclays, Goldman, UBS Global Wealth, Wells, Wells Fargo Securities, JPMorgan, Dow, Revenue Locations: Wells Fargo

☆ Wall Street closes amazing November in a bullish mood, and for good reason
▼ + stars: | 2023-11-30 | by ( Bob Pisani | ) www.cnbc.com time to read: +5 min

We are closing out an extraordinary month: The S & P 500 is up nearly 9%, its fourth-best month in 12 years. The equal weight S & P 500 is up almost as much as the market-cap weighted S & P 500. Of the 10 major financial firms, only two (Morgan Stanley and JP Morgan) see the S & P 500 lower next year. Wall Street strategists' year-end S & P 500 estimates . That puts the S & P 500 at a very rich multiple of almost 19 times forward earnings (17x is the historic norm).

Persons: Russell, Morgan Stanley, JP Morgan, Goldman Sachs, Morgan, bullish, Brian Belski, Scott Wren, Wren, That's, JP Morgan's, Dubravko Organizations: Wall, Deutsche Bank, BMO Capital Markets, Capital Markets, Bank of America, Barclays, Goldman, UBS Global Wealth, Wells, Wells Fargo Securities, Treasury, Core PCE, Wells Fargo Institute, CNBC Locations: Wells Fargo, Atlanta

☆ Wall Street is again making predictions for next year, but don't pay too much attention
▼ + stars: | 2023-11-29 | by ( Bob Pisani | ) www.cnbc.com time to read: +6 min

Not surprisingly, Wall Street tends to be a bullish group. Wall Street has a terrible track record All of this gets investor juices flowing. Wall Street strategists collectively have a terrible track record. As a result, you might be tempted to think you should pay no attention to Wall Street, or anybody else. If nothing else, the predictions of Wall Street strategists are a good starting point for all of us to think about the near future.

Persons: Lori Calvasina, America's Savita Subramanian, Morgan Stanley's Michael Wilson, Goldman Sachs, Morgan Stanley, Jeff Sommer, Sommer, Morgan Housel, I'm Organizations: Deutsche Bank, BMO Capital Markets, RBC Capital Markets, Bank, America's, Wall Street, of America, Barclays, UBS, Wealth, Wells, Wells Fargo Securities, Street, New York Times, Yardeni Research, Federal Reserve, Wall Locations: Wells Fargo, Russia, Ukraine, Israel

☆ There are now more central banks cutting interest rates than those hiking them: Deutsche Bank analysis
▼ + stars: | 2023-11-22 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

There are now more central banks cutting rates than those hiking rates, per a Deutsche Bank analysis. For the first time since January 2021, there are more central banks cutting rates than those hiking them, according to an analysis by Jim Reid, a research strategist at Deutsche Bank, MarketWatch reported on Tuesday. The trend started last month, with 10 central banks cutting rates — outnumbering those that hiked rates in the same time period, according to Reid's analysis of 81 central banks around the world. The trend continued this month with five central banks — including include those in Brazil and Peru — cutting rates so far. AdvertisementWhile major central banks like the US Federal Reserve and the European Central Bank are keeping rates steady right now, there are bets that they, too, will start to hike rates in the months ahead.

Persons: —, Jim Reid, Reid, That's Organizations: Deutsche Bank, Service, MarketWatch, US Federal Reserve, European Central Bank, UBS Locations: Brazil, Peru, Swiss

☆ Ron Baron expects SpaceX's Starlink to go public around 2027
▼ + stars: | 2023-11-10 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +1 min

Billionaire investor Ron Baron told CNBC on Friday that he expects SpaceX to IPO its Starlink satellite internet service "in 2027 or so." "We think that by the time they go public with SpaceX, with Starlink … in 2027 or so, four years, the company will be worth $250 billion to $300 billion," Baron said, speaking to CNBC's Andrew Ross Sorkin. Earlier this month, Baron told MarketWatch his eponymous firm's ownership of SpaceX stock was currently valued at about $1.7 billion. Last year, Musk told employees that taking the business public wasn't likely until 2025 or later. SpaceX's valuation has soared to about $150 billion, with Starlink seen as a key economic driver of the company's goals.

Persons: Ron Baron, Starlink …, Baron, CNBC's Andrew Ross Sorkin, SpaceX didn't, Musk, Starlink Organizations: CNBC, SpaceX Locations: Elon

☆ Here's how to tell if your old $2 bills are worth anything
▼ + stars: | 2023-11-10 | by ( Sebastian Cahill | ) www.businessinsider.com time to read: +3 min

Now, the United States Currency Auction, which allows people to sell rare US currency, lists some $2 bills as worth upwards of $4,500. But how can you tell if you have a valuable bill or a common one that isn't worth much? Bills that have red, brown, or blue seals printed between 1862 and 1917 could be worth up to $1,000, per IndyStar. Other serial numbers that would interest collectors are "solid" or "ladder" serial numbers. Solid serial numbers are all the same digit, and ladders have digits in ascending order, per MarketWatch.

Persons: —, you've, Thomas Jefferson, Dustin Johnston, Johnston, they've Organizations: Service, US, of Engraving, United States Currency, Bills, Heritage Auctions Locations: Monticello, Independence

☆ What orange juice futures tell us about the state of our world
▼ + stars: | 2023-11-08 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +9 min

Cocoa and orange juice futures have hit multi-decade highs as climate change and harsh weather takes their toll on crops in warmer climates. Here’s the latest in the commodities market:Orange juiceOrange juice futures have soared to their highest levels since the commodity began trading in 1966. The January contract for frozen concentrated orange juice is currently sitting around $3.95, up nearly 94% so far this year. The rally has led to a rise in speculative betting, leading some analysts to call orange juice futures the new GameStop. But “the eventual crash in the price of orange juice will be one for the record books,” he quipped.

Persons: Nicole, it’s, they’re, ”, Dave Reiter, It’s, Brent, David Morrison, stoking, That’s, WeWork, Nathaniel Meyersohn, Ermengarde Jabir, Alicia Wallace, “, Ted Rossman Organizations: CNN Business, Bell, New York CNN, OJ, Sunshine State, Futures, GameStop, Reiter Capital Investments, Cocoa, West Texas Intermediate, “ Traders, Trade Nation . Energy, Wheat, Organisation for Economic Co, Federal Reserve Bank of New, New York Fed Locations: New York, Ukraine, Orange, US, Brazil, Mexico, Florida, Ghana, Ivory Coast, Ivory, Chicago, Southeast Asia, Europe, China, Russia, America, United States

☆ Elon Musk says Tesla can hit $4 trillion valuation forecast by billionaire investor Ron Baron over the next decade
▼ + stars: | 2023-11-02 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

Tesla's total market capitalization can swell to $4 trillion over the next 10 years, Ron Baron said Wednesday. CEO Elon Musk agrees with the billionaire investor's forecast. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementLegendary growth investor Ron Baron believes that Tesla's total market capitalization could swell to an eye-popping $4 trillion over the next decade – and Elon Musk agrees.

Persons: Ron Baron, Elon Musk, —, –, Baron, Musk, Tesla Organizations: Service, MarketWatch, SpaceX, Big Tech Locations: Refinitiv

☆ Man who tricked Tesla into giving him 5 free cars and set one on fire on a frozen lake gets 4-year prison sentence
▼ + stars: | 2023-10-13 | by ( Grace Kay | ) www.businessinsider.com time to read: +3 min

A 34-year-old man tricked Tesla into giving him five EVs without full payment, the US DOJ said. The man, Michael Gonzalez, resold a Model 3 and two Model Xs for about $231,900, prosecutors said. AdvertisementAdvertisementA man who managed to trick Tesla into giving him five of its electric cars for free has been sentenced to four years in prison, according to the US Department of Justice. The man, 34-year-old Michael Gonzalez from Vermont, was able to get five brand new EVs from Tesla that were worth over $560,000 in total, the DOJ said. The vehicles included a 2018 Model 3, and four Model X EVs, according to court records.

Persons: Tesla, Michael Gonzalez, Gonzalez, —, Prosecutors, he'd, Michael Organizations: DOJ, Service, US Department of Justice, eBay, Craigslist, Vermont Department of Motor Vehicles, MarketWatch, Tesla, US, Office, District of Locations: Michael Gonzalez from Vermont, Shelburne Bay, Vermont, District of Vermont

☆ There's one 'lucky' group of homeowners in America's housing market, says a Zillow economist
▼ + stars: | 2023-09-29 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

US homeowners who are downsizing now are "lucky," Skylar Olsen, Zillow's chief economist told MarketWatch. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . For context, the value of the US housing market has surged about 50% from the pre-pandemic days in January 2020 to nearly $52 trillion now, according to a Tuesday report from Zillow. California is currently the US' most valuable housing market, per Zillow. The state's housing market is now worth over $10 trillion — nearly 20% of the national total.

Persons: Skylar Olsen, Olsen, —, Zillow's Olsen, Insider's James Rodriguez Organizations: Service, National Association of Realtors, MarketWatch, Census, NAR Locations: Zillow . California, Florida , New York , Texas, New Jersey

☆ OpenAI's GPTBot and other AI web crawlers are being blocked by even more companies now
▼ + stars: | 2023-09-28 | by ( Kali Hays | ) www.businessinsider.com time to read: +7 min

Unique, high quality data, mainly scraped from the web, is vital to the performance of AI models. AdvertisementAdvertisementMore and more companies are trying to avoid having their data freely scraped and saved by web crawlers working for the benefit of AI models. Last month, OpenAI last revealed its own crawler, GPTBot, saying it would respect robots.txt, a decades-old method through which a website can tell a web crawler to ignore it. Many more companies are now also blocking CCBot, a web crawler used by Common Crawl. AdvertisementAdvertisementSee below for a full list of the biggest websites now blocking GPTBot and CCBot as of Sept. 22:Blocking GPTBotamazon.comquora.comnytimes.comtheguardian.comshutterstock.comwikihow.comcnn.comsciencedirect.comusatoday.comhealthline.comstackexchange.comalamy.comscribd.comwebmd.combusinessinsider.comdictionary.comreuters.comwashingtonpost.commedicalnewstoday.comnpr.orgcbsnews.comgoodhousekeeping.comamazon.co.uktumblr.comlatimes.cominsider.comglassdoor.comvocabulary.cominvestopedia.comslideshare.netamazon.decosmopolitan.comnbcnews.comindiamart.comstackoverflow.comhindustantimes.combloomberg.comcnbc.compeople.comtvtropes.orgamazon.invimeo.comverywellhealth.comikea.comespn.comindianexpress.comthesaurus.compbs.org123rf.comwattpad.comvariety.comtoday.compopsugar.comthespruce.comuol.com.bramazon.frgeeksforgeeks.orgelle.comeconomictimes.compcmag.comtheverge.comallrecipes.comthoughtco.comrollingstone.comwired.comnextdoor.comhollywoodreporter.comabc.net.auew.comamazon.canews18.comwomenshealthmag.comrateyourmusic.comamazon.co.jptechradar.comairbnb.comndtv.comlifewire.comtomsguide.comvulture.comeverydayhealth.compolygon.comtheconversation.comesquire.comprnewswire.combillboard.commenshealth.commetro.co.ukcountryliving.commashable.comgamesradar.comthehindu.comtimesofindia.comdeadline.comharpersbazaar.commedscape.comnymag.comrefinery29.comradiotimes.comcbssports.comtandfonline.comtheatlantic.comtrulia.comamazon.espinterest.esnationalgeographic.combhg.comeater.comsouthernliving.comhealthgrades.comvice.compicclick.combustle.comnewyorker.comeonline.comdigitalspy.comopentable.compinterest.dethepioneerwoman.comcaranddriver.combyrdie.comlivemint.commedicinenet.comteacherspayteachers.comcookpad.comthespruceeats.combizjournals.compagesjaunes.frliputan6.comdelish.commasterclass.comarchiveofourown.orgvox.comrealsimple.comaarp.orgfrancetvinfo.frpinterest.frkumparan.comtheathletic.comtravelandleisure.comvogue.comlivescience.comapartments.commarketwatch.comglamour.comamazon.itcinemablend.comthrillist.comamazon.com.brpinterest.co.ukangi.comalamy.esusmagazine.comdistractify.combbcgoodfood.comjagran.commercadolibre.com.mxandroidauthority.comcity-data.comfoodandwine.comhellomagazine.comamazon.com.augq.comingles.comamarujala.comieee.orgprevention.comstern.dekbb.comedmunds.commarthastewart.compcgamer.comjustanswer.comhealth.com20minutes.frfortune.comhomes.comscientificamerican.compopularmechanics.comverywellfit.comvanityfair.comchicagotribune.comverywellmind.comhousebeautiful.comcntraveler.comallure.comspanishdict.comneverbounce.comanswers.commoneycontrol.comarchitecturaldigest.comslate.comlonelyplanet.cominverse.comcorriere.itactu.frself.comtripsavvy.cominstyle.comeatingwell.comsuperuser.comwelt.despiegel.dewomansday.comseventeen.comhbr.orgoprahdaily.comautotrader.combonappetit.comsueddeutsche.deseriouseats.comliveabout.comseattletimes.comcoursera.orglivehindustan.comfrance24.comtownandcountrymag.comdotesports.comworldplaces.mefaz.netteenvogue.commotor1.comnj.comglamourmagazine.co.ukokdiario.combrides.comstylecaster.comalamyimages.frjagranjosh.comtheglobeandmail.comaxios.comfrancebleu.frtabelog.comthebalancemoney.comnydailynews.comsheknows.comnaomedical.comverywellfamily.comBlocking CCBot

Persons: —, OpenAI, GPTbot, Conde Nast, Masterclass, Kelly, robots.txt, verywellhealth.com, indianexpress.com Organizations: Service, Amazon, Guardian, NPR, CBS News, CBS Sports, NBC News, CNBC, Yorker, Hearst, New York Times Locations: USA, Europe, Originality.ai, androidauthority.com

☆ Walmart's CEO loves Sam's Club's TikTok-famous cashews, too
▼ + stars: | 2023-09-15 | by ( Gloria Dawson | Alex Bitter | ) www.businessinsider.com time to read: +3 min

Sam's Club private-label cashews are popular on TikTok. Sam's Club shoppers on TikTok enthusiastically discover and try new flavors like everything (as in bagel) and street taco cashews. The top seller is the Member's Mark Roasted Whole Cashews with Sea Salt, according to Sam's Club. Last year, Sam's Club announced a revamp of its Member's Mark brand, according to Marketwatch. Sam's Club said its cashews are highly rated and often re-purchased.

Persons: Doug McMillon, Goldman Sachs, cashews, Goldman, McMillon, Dale Peterson Organizations: Sam's, Walmart, Shoppers, Service, Sam's Club, Goldman Sachs, Target, Costco, Alabama Locations: Wall, Silicon, Alabama

☆ Fears about China's government ban on iPhones are 'way overdone,' as the crackdown could impact only 1% of the smartphone's sales in China: analyst
▼ + stars: | 2023-09-11 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

But Wedbush's Dan Ives says the fears are ' way overdone' as the ban could only impact 1% of iPhone sales in China. overdone' as the ban could only impact 1% of iPhone sales in China. There's also another reason why Beijing is unlikely to widen an iPhone ban in the country. China's ban on foreign phone brands in government agencies echoes similar restrictions in the US — such as a New York City ban on TikTok on government-owned devices. They've lost 6% since Wednesday after the news of China's iPhone ban broke.

Persons: Wedbush's Dan Ives, Dan Ives, Amit Daryanani, There's, Daryanani, They've, Evercore Organizations: Apple, Service, Investors, Wall Street Journal, Evercore ISI Locations: Beijing, China, Wall, Silicon, Washington, New York City

☆ Billionaire CEOs said working from home made them happier. Some now want to fire workers who don't show up to the office.
▼ + stars: | 2023-08-28 | by ( Polly Thompson | ) www.businessinsider.com time to read: +14 min

AdvertisementAdvertisementThe Meta CEO told staff they could expect him to spend half of the next year working remotely. True to his word, in his first week Musk banned remote work in a 2:30 a.m email to Twitter staff. Still: Unlike some of the other wealthy CEOs on this list, Eric Yuan has always been a little skeptical of permanent remote work. Roy RochlinSalesforce CEO Marc Benioff was initially outspoken in his support for remote working. Joining the growing list of CEOs that say remote work is not conducive to productivity, Salesforce revised its work-from-anywhere strategy.

Persons: Mark Zuckerberg, Goldman Sachs, Prithwiraj Choudhury, Zuckerberg, Meta, I've, Erin Scott, Skip, Insider's Kali Hays, Hugh Langley, Evan Spiegel, Miranda Kerr, Pierre Mouton, Stringer, Spiegel, I'm, ERIC PIERMONT, Kali Hays, Jack Dorsey, PRAKASH SINGH, lockdowns, Dorsey, Elon Musk, Musk, Zoe Schiffer, hasn't, Eric Yuan, Kena, Zoom, Kelly Steckelberg, Yuan, Marc Benioff, Roy Rochlin, Salesforce, Benioff, Justin Sullivan, Kara Swisher Organizations: Service, Meta, Harvard Business School, Wall Street, Staff, CNBC, Getty, Twitter, San, New, Elon, San Francisco, Bloomberg, Zoom, Workers, MarketWatch, Smith, Yahoo Finance, Insider Locations: Wall, Silicon, San Francisco, Singapore, Silicon Valley , California

☆ 'Guppies' are the latest real estate phenomenon: young people giving up on ever buying homes
▼ + stars: | 2023-08-24 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

More Gen Z and millennials are opting out of the rat race and sticking to renting instead. British real estate company Zoopla has dubbed the new generation of non-buyers as "guppies"Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. The term, coined by British real estate company Zoopla, is a play on the 1980s phrase "yuppie," which meant a young, financially successful professional. This mirrors a similar situation in the US, where competition is also heating up between potential first-time homebuyers. AdvertisementAdvertisementInstead of stressing over down payments and mortgage rates, guppies are comfortable renting for the foreseeable future even though they're making good money, MarketWatch reported.

Persons: Zoopla, They're, Zers, homebuyers, Sheharyar Bokhari Organizations: Service, National Association of Realtors, MarketWatch Locations: British, Wall, Silicon, guppie, California, Sacramento

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