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☆ UnitedHealth CEO tells lawmakers the company paid hackers a $22 million ransom
▼ + stars: | 2024-05-01 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +5 min

Change Healthcare provides payment, revenue management and other solutions like e-prescription software. UnitedHealth told CNBC in April that it paid a ransom to try and protect patient data. Its business unit Optum — which provides care to 103 million customers — and Change Healthcare — which touches one in three patient records — merged in 2022. Committee Chairman Sen. Ron Wyden, D-Ore., said in his opening remarks that the Change Healthcare breach serves as a "dire warning about the consequences of too-big-to-fail mega-corporations." Sen. Michael Bennet, D-Colo., pressed Witty to share how UnitedHealth is working to ensure something like the Change Healthcare breach will not happen again.

Persons: Andrew, UnitedHealth, Sen, Ron Wyden, Wyden, Thom Tillis, they're, Tillis, Blackcat, Michael Bennet Organizations: Senate, Capitol, U.S ., Finance, UnitedHealth, Healthcare, CNBC, U.S . Securities, Exchange Commission, U.S . Department of Justice Locations: Washington , DC

☆ Inside the Fight Over Software That Tells Landlords to Hike Your Rent
▼ + stars: | 2024-04-10 | by ( James Rodriguez | ) www.businessinsider.com time to read: +15 min

Rents soared thanks to a shortage of apartment units, remote workers' desire for more space, and a daunting for-sale market that kept many renters stuck in place. Without RealPage, the plaintiffs argue, landlords would be hesitant to jack up rents; instead, they'd focus on keeping their buildings full. In short, the lawsuits that started with apartment rents could one day change how we pay for everything. By turning over pricing to the algorithm, plaintiffs say, RealPage's clients are encouraged to push rents higher than if they'd left the decisions up to humans. The RealPage cases are about far more than apartment rents.

Persons: RealPage, Kris Mayes, they'll, they'd, —, Zillow, there's, Marie Claire Tran, Leung, Tran, Matt Damon, Maureen Ohlhausen, Bob, Ohlhausen, Ed Rogers, Ballard Spahr, Jeffery Cross, Smith Gambrell Russell, didn't, it'll Organizations: Revenue Management, ProPublica, National Housing Law, FBI, RealPage, Department, Federal Trade Commission, Politico, Washington, Justice Department, FTC Locations: Texas, you've, Phoenix, Tucson, Washington, DC, RealPage, Arizona, Tennessee

☆ Landlords Use a Popular Software Tool to Jack up Apartment, Home Rents
▼ + stars: | 2024-04-10 | by ( James Rodriguez | ) www.businessinsider.com time to read: +15 min

☆ Eclipse’s Path Is Also Leaving a Trail of High Hotel Prices
▼ + stars: | 2024-04-04 | by ( Ben Blatt | More About Ben Blatt | ) www.nytimes.com time to read: +1 min

A representative from Wyndham Hotels & Resorts, the parent company of Super 8, said each Super 8 is an individually operated franchise that sets its own rates. However, all franchise owners have access to the same revenue management software that they can use to set pricing strategy. The Ritz-Carlton in Dallas is currently listing a two-night stay at $7,600 for Sunday-Tuesday. One week later, the price for a two-night stay will be $1,329. Even Super 8 hotels in Glendale, Ariz., the site of the men’s N.C.A.A.

Persons: Thelma Diller, “ I’ve, ”, “ Organizations: Wyndham Hotels & Resorts, Ritz, Carlton, Masters Locations: Dallas, Glendale, Ariz, Augusta , Ga, Augusta, Malvern , Ark

☆ Why U.S. renters are taking corporate landlords to court
▼ + stars: | 2024-02-03 | by ( Carlos Waters | In Carloswaters | ) www.cnbc.com time to read: +5 min

Equity Residential purchased Portside Towers in 2019. A group of renters in the U.S. say their landlords are using software to deliver inflated rent hikes. Renters told CNBC they discovered how revenue management software is used in real estate after reading a 2022 ProPublica investigation. Equity Residential investor materials show that the company started to experiment with Lease Rent Options between 2005 and 2008. Equity Residential and other defendant landlords declined to comment on ongoing RealPage litigation.

Persons: RealPage, District of Columbia Brian Schwalb, We've, Kevin Weller, There's, Jeffrey Roper, Thoma, Thoma Bravo, Harry Gural, Gural, we're, Mark Parrell Organizations: Washington , D.C, District of Columbia, CNBC, Equity Residential, Towers, World Trade, RealPage, U.S . Department of Justice, Equity, U.S, Thoma Bravo, U.S . Locations: Washington ,, RealPage, Jersey City , New Jersey, Portside, U.S, Miami, Van Ness, Jersey City, Atlanta, Austin , Texas, U.S . East

☆ A tech CEO died after falling 20 feet to the stage at a company event when a cable snapped
▼ + stars: | 2024-01-22 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

The CEO of an Illinois-based software firm died following an incident at a company event, reports say. The company was holding an event in Hyderabad, India to celebrate its 25th anniversary. AdvertisementA tech CEO died following an incident at a company event in India, multiple outlets reported. The two men can be seen falling out of the cage and plunging about 20 feet to the stage. Shah, 56, was the founder of Vistex and CEO of the revenue management software firm for 25 years.

Persons: Sanjay Shah, Vistex, —, Vishwanath Raju Datla, Shah Organizations: Service, The Times, Film, CBS News Locations: Illinois, Hyderabad, India

☆ How much TikTok pays employees in the US, from data scientists to software engineers, according to salary data
▼ + stars: | 2024-01-19 | by ( Ashley Rodriguez | Dan Whateley | ) www.businessinsider.com time to read: +109 min

Some examples of salary offers for corporate functions include:AdvertisementAccountant, Expense Management : $73,000: $73,000 HR Business Partner : $127,680 median; ranging from $90,000 to $182,880: $127,680 median; ranging from $90,000 to $182,880 HR Specialist: $114,000 median; ranging from $85,000 to $170,000DesignEmployees on the design team "shape the visual representation" of TikTok's products and business, creating "unique designs that are not just visually appealing, but also express the aesthetic of our brand," the company wrote. : $320,000: $320,000 Android Software Engineer, TikTok Monetization : $210,000: $210,000 Android Software Engineer, TikTok Privacy : $190,000: $190,000 Android Software Engineer, TikTok Social : $126,640 median; ranging from $65,000 to $288,000: $126,640 median; ranging from $65,000 to $288,000 Android Software Engineer, TikTok User Growth : $227,000 median; ranging from $221,000 to $233,000: $227,000 median; ranging from $221,000 to $233,000 Applied Machine Learning Engineer : $273,340 median; ranging from $180,000 to $306,000: $273,340 median; ranging from $180,000 to $306,000 Applied Machine Learning Engineer, Recommendation : $190,000: $190,000 AR Effects Interactive Engineer : $125,000: $125,000 AR Software Engineer : $125,000: $125,000 Audio Engineer : $75,000: $75,000 Backend Engineer : $128,000: $128,000 Backend Engineer, Ads Platform : $172,000 median; ranging from $125,000 to $240,000: $172,000 median; ranging from $125,000 to $240,000 Backend Engineer, Content Ecosystem : $222,360: $222,360 Backend Engineer, Lark Innovation : $160,000: $160,000 Backend Engineer, Machine Learning : $157,680 median; ranging from $157,680 to $175,000: $157,680 median; ranging from $157,680 to $175,000 Backend Engineer, Risk Systems : $295,000 median; ranging from $150,000 to $320,000: $295,000 median; ranging from $150,000 to $320,000 Backend Engineer, TikTok Ads Creative and Ecosystem : $250,000: $250,000 Backend Engineer, TikTok Ads Creativity and Ecosystem : $207,500 median; ranging from $175,000 to $240,000: $207,500 median; ranging from $175,000 to $240,000 Backend Engineer, TikTok Eng. : $220,000 median; ranging from $160,000 to $285,000 0 #NUM! Software Engineer, Computer Vision : $165,000 median; ranging from $165,000 to $200,000: $165,000 median; ranging from $165,000 to $200,000 Software Engineer, Computer Vision, Intelligent Creation : $200,000 median; ranging from $200,000 to $265,000: $200,000 median; ranging from $200,000 to $265,000 Software Engineer, Core Services : $204,000 median; ranging from $125,000 to $244,680: $204,000 median; ranging from $125,000 to $244,680 Software Engineer, Core Service, Application Security : $129,680: $129,680 Software Engineer, CRM : $175,000 median; ranging from $125,000 to $300,555: $175,000 median; ranging from $125,000 to $300,555 Software Engineer, Data Access Team : $230,000: $230,000 Software Engineer, Data Mining : $169,680: $169,680 Software Engineer, Data Mining USDS : $182,400: $182,400 Software Engineer, Data Platform : $186,000 median; ranging from $170,000 to $216,880: $186,000 median; ranging from $170,000 to $216,880 Software Engineer, Data Security and Compliance : $180,000: $180,000 Software Engineer, Database Kernel Development : $130,000 median; ranging from $128,000 to $220,000: $130,000 median; ranging from $128,000 to $220,000 Software Engineer, Distributed Storage System : $285,000 median; ranging from $180,000 to $285,000: $285,000 median; ranging from $180,000 to $285,000 Software Engineer, Engineering Productivity : $195,000: $195,000 Software Engineer, Front-End : $147,000: $147,000 Software Engineer, Front-End, Ads Technology : $125,000: $125,000 Software Engineer, Full Stack : $180,000: $180,000 Software Engineer, Full Stack, Ads Technology : $147,500 median; ranging from $125,000 to $170,000: $147,500 median; ranging from $125,000 to $170,000 Software Engineer, Full Stack, E-Commerce Engineering and Architecture : $205,000: $205,000 Software Engineer, Full Stack, Vertical Solutions : $220,000: $220,000 Software Engineer, Global E-Commerce Customer Business : $195,000 median; ranging from $133,240 to $225,000: $195,000 median; ranging from $133,240 to $225,000 Software Engineer, Global Payment : $161,000 median; ranging from $155,000 to $215,000: $161,000 median; ranging from $155,000 to $215,000 Software Engineer, Gov. and Experience, TikTok E-Commerce : $241,540 median; ranging from $219,680 to $263,400: $241,540 median; ranging from $219,680 to $263,400 Software Engineer, GPU Management : $128,000 $128,000 $128,000 0 #NUM!

Persons: —, It's, TikTok, it's, ByteDance, TikTok Eng, Tiktok Organizations: Service, Business, US, of Foreign Labor, Live, US Data Security, Security, US Department of Labor, Corporate, Employees, TikTok, Tech, Commerce, Marketing, Staff, Trust, Safety, Brand, Android Software, Computer, Global Agency Relations, Global Security Technology, Infrastructure Engineering, Android, Machine, Interactive, Systems, Data Systems, Engineer, Commerce Data Intelligence, Commerce Logistics, Chain, Logistics, Media, US Tech Services, Big, Business Intelligence, Protection, Network Security, Business Systems, Cash, Cloud, Networking Software, Public, Tech Service, Technology, Technology Systems, Infrastructure, Network Business, NA, Defense, US Tech Service, Analytics, Research, Mining, Solutions, Tech Services, Pico, Forensics, Development, Control, Financial, CRM, Global, Learning, Traffic, TCMS, Communications, Graphics, Monetization Technology, Management, Products, Resources, IDC Logistics, DevOps, IOS, GNE Global, Software, Procurement, Commerce Global, Strategic, Global Business, Merchant, Mobile Security, Mobile Software, Multimedia Research, Regional, Sound Engineering, Professional Services, Community, Relations, Real, Commerce Trading, Creative, Enterprise, Virtual Network, Storage, Data Security, Smart, Finance, ML Systems, Cloud Infrastructure, TikTok US Tech Services, Monetization Tech, Learning Systems, Core Services, Core Service, Data Mining, Engineering, Commerce Engineering, Mobile, Revenue Management Locations: ByteDance, TikTok, TikTok Commerce, America, Mexico, Americas, Commerce

☆ American Airlines' frequent flyer program is changing. Here’s what you need to know
▼ + stars: | 2024-01-09 | by ( Leslie Josephs | ) www.cnbc.com time to read: +3 min

Elite status on airlines rewards big spenders with perks like complimentary upgrades and free checked bags. First things first: American Airlines isn't changing the requirements to earn elite status at the airline in the coming earning year. Loyalty programs were a lifeline for airlines during the Covid pandemic when travel slowed to a trickle. Carriers have been grappling with a surge in elite travelers, repeatedly increasing the requirements to earn status, and tweaking benefits. For customers striving for elite status, the airline will give them bonus loyalty points after they've earned 15,000.

Persons: Ronald Reagan, Scott Chandler, American's, they've Organizations: American Airlines Airbus, Ronald Reagan Washington National Airport, American Airlines, Admirals Club, Delta Air Lines, United, Delta Locations: Ronald Reagan Washington, Arlington , Virginia, American

☆ A popular cruise line has a new deal for $50-a-day sailings but there's a catch — travelers have to be very flexible
▼ + stars: | 2023-12-05 | by ( Brittany Chang | ) www.businessinsider.com time to read: +4 min

Holland America Line's new standby program offers spontaneous travelers $50-a-day cruises. Holland America Line has a solution for budget-minded travelers who prefer more conventional and less intense itineraries. If a traveler is selected to sail, Holland America will alert them about a week before the embarkation date. According to Rough, this program is a "win-win" for Holland America and travelers living near the embarkation port. If a pre-booked guest has to cancel their vacation a week before sailing, standby travelers can fill this otherwise empty cabin, decreasing lost revenue.

Persons: —, Tynan Smith, David Friedman, Dan Organizations: Holland America, Service, Mexico itineraries, Frontier Airlines, Travelers, Holland America Line, Holland, Cruises, Travel Weekly Locations: Caribbean, Hawaii, Mexico, Vancouver, San Diego, Fort Lauderdale , Florida, Holland, Holland America

☆ Tenants and a top prosecutor have accused major landlords and a popular apartment-pricing site of colluding to inflate rents. A legal expert says it shows algorithmic collusion is no longer 'science f
▼ + stars: | 2023-11-15 | by ( Eliza Relman | ) www.businessinsider.com time to read: +7 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementYou're probably aware that a severe housing shortage has driven rents and home prices through the roof in recent years. Now, several lawsuits filed across the country contend that the algorithmic software some big landlords use to determine rents has artificially inflated prices. This allegation is unusual, given that RealPage doesn't have any market power over its clients, Stucke said. AdvertisementProsecutors also allege that RealPage monitors the rents that its clients charge and disciplines landlords who don't adhere to its recommendations.

Persons: —, Brian Schwalb, RealPage, They're, Maurice Stucke, RealPage didn't, Axios, Department —, Donald Trump —, Steve Winn, ProPublica, Stucke Organizations: Service, University of Tennessee, DOJ, The, Department, Prosecutors, Department of Justice, Democratic, Federal Trade Commission, Computer Locations: Washington, DC, RealPage, Texas, Seattle , New York, Boston, Colorado, Nashville

☆ The majority of the world's most family-friendly airlines are in one continent
▼ + stars: | 2023-11-02 | by ( Chelsea Ong | Harriet Akinyi | ) www.cnbc.com time to read: +2 min

Japan Airlines is the most family-friendly airline, according to a new ranking. Airlines from Asia dominated a new family-friendly airlines list compiled by travel website The Family Vacation Guide. The ranking was based on eight factors — including seat comfort, free seat selection and pre-boarding for families — for a total of 18 possible points. Yet lap fees are common: all airlines charged them but for Hawaiian Airlines and Lufthansa. Asia — big on familyPraowpan Tansitpong, an assistant professor at Nida Business School, attributed the dominance of Asian airlines on the family-friendly list to a difference in business priorities.

Persons: Tansitpong Organizations: Japan Airlines, Airlines, China's Hainan Airlines, Singapore Airlines, Qantas, China Southern Airlines, Lufthansa, Hawaiian Airlines, Nida Business School Locations: Japan, Asia, Western

☆ Major landlords, RealPage sued in DC for alleged rent-fixing scheme
▼ + stars: | 2023-11-01 | by ( Laya Neelakandan | ) www.cnbc.com time to read: +3 min

The alleged collusion violates the District of Columbia's Antitrust Act, the office said. Washington, D.C., Attorney General Brian Schwalb's office said Tuesday that it's suing RealPage, a property management software company, and 14 of the district's largest landlords for allegedly colluding to raise rents. In a statement to CNBC, a company spokesperson for William C. Smith & Co. said the company does not comment on pending litigation. The software uses proprietary, nonpublic data and statistical models to estimate supply and demand and generate a price to maximize the landlord's revenue. RealPage has previously been sued by renters in the Southern District of California and Tennessee over the past year.

Persons: Igor Golovniov, Brian Schwalb's, it's, RealPage, William C, Smith, didn't, Schwalb, Jennifer Bowcock, Berkshire Hathaway Organizations: Inc, Getty, Columbia's, Washington , D.C, CNBC, Southern District of, D.C, National Association of Realtors, CNBC PRO Locations: Washington ,, Southern District, Southern District of California, Tennessee, Seattle , Texas, Boston, Missouri, Berkshire

Pros, which has struggled to return to profitability, is being advised by investment bank Qatalyst Partners in its discussions with potential acquirers, the sources said. Many of the suitors are private equity firms whose offers Pros has rejected, the sources added. Pros shares jumped 13% on the news to $36.18 in early New York trading on Wednesday, giving the company a market value of $1.7 billion. Pros provides price optimization and revenue management software for companies in various sectors, including aviation. It reported subscription revenue of $57.3 million in the second quarter, up 14% year-over-year, with overall sales up 11% year-over-year to $75.8 million.

Persons: Brendan McDermid, Qatalyst, Milana Vinn, Anil D'Silva, Jane Merriman Organizations: Holdings, Inc, New York Stock Exchange, REUTERS, Qatalyst Partners, Wall, Thomson Locations: New York, U.S, Houston

It is a new challenge for formerly government-owned Air India, which Tata Group took over last year. The CCI, Air India and Vistara did not immediately respond to requests for comment. To address the CCI's concerns, Air India could make concessions such as giving up certain routes or reducing frequency, the second source said, adding that Air India remains confident the matter can be resolved by recommending certain changes. Vistara and Air India both fly on international routes such as London and Dubai and would need antitrust clearances in other jurisdictions, the first source said. Air India is expecting similar queries from foreign countries once it applies for clearance there, but is waiting for the India process to first close, the source added.

Persons: Vistara, Vaibhav Choukse, India's J, Choukse, Aditi Shah, Aditya Kalra, Gerry Doyle Organizations: Vistara, Air India, Tata Group, Tata, Air, The, of India, Singapore Airlines, India's, Sagar Associates, IndiGo, Thomson Locations: DELHI, Air India, India, London, Dubai

☆ The demand for senior housing is about to explode. These stocks will reap the benefits
▼ + stars: | 2023-06-27 | by ( Michelle Fox | ) www.cnbc.com time to read: +9 min

The rapidly aging population is expected to be a boon for senior housing. About 50% of those in assisted living facilities, for example, are aged 85 and older, while 31% are between 75 and 84 years old, according to the National Center for Assisted Living . Bumpy road but 'attractive valuation' ahead Right now, senior housing is seeing favorable demographics, as well as improving fundamentals and margins, said NIC's Clapp. There's a point where for each incremental bed added in senior housing, you might not need another worker in the building, he explained. Other names tied to the trend include Ensign and Omega Healthcare Investors , which both provide skilled nursing and senior living services, as well as Brookdale Senior Living , an operator of senior living communities with just a $755 million market cap.

Persons: Wells, Connor Siversky, Welltower, Ventas, Raymond James, Jonathan Hughes, You've, they've, Caroline Clapp, Greg Kuhl, Janus Henderson, We've, we've, Kuhl, Siversky, NIC's Clapp, Clapp, there's, Stocks, Janus Henderson's Kuhl, that's, Hughes, CNBC's Michael Bloom Organizations: . Census, National Center for, National Investment Center, Seniors Housing, Care, U.S . Census Bureau, NIC, Investors, Estate Fund, Omega Healthcare Investors Locations: U.S, NOI

☆ Delta could bump even more people off flights as it looks to increase 'overbooking' to wring out more profits
▼ + stars: | 2023-04-24 | by ( Dennis Green | ) www.businessinsider.com time to read: +4 min

Glen Hauenstein, president of Delta, said the airline would look at increasing its overbooking rate. Your next Delta Air Lines flight might come with a hard decision: taking the flight or a cash voucher instead. That's because the airline is considering increasing the rate it overbooks flights Glen Hauenstein, president of Delta Air Lines, told investors in an April earnings call. Hauenstein said the airline would take a measured approach, increasing overbooking little by little and seeing how it goes. Airlines must balance the risk and rewards of overbooking to maximize revenue on any given flight.

☆ Air India's plans to modernise under new owner Tata
▼ + stars: | 2023-03-31 | by ( ) www.reuters.com time to read: +3 min

2022June 15 - Campbell Wilson, the New Zealand-born former CEO of Singapore Airlines (SIAL.SI) budget offshoot Scoot takes over as Air India CEO. July 4 - Air India signs a deal to adopt Amadeus IT Group's (AMA.MC) Altea software, including for revenue management. Nov. 2 - Air India completes a deal to acquire 100% of AirAsia India and begins to integrate it with Air India Express as part of a broader restructuring of Tata's airline business. Nov. 29 - Tata says it will merge Air India with Vistara, its joint venture with Singapore Airlines. Feb. 13 - Air India resumes non-stop service between Mumbai and New York, weeks after the launch of non-stop Mumbai-San Francisco.

[1/2] An Air India Airbus A320neo passenger plane moves on the runway after landing at Sardar Vallabhbhai Patel International Airport, in Ahmedabad, India, October 22, 2021. In another sign of the formerly government-owned carrier's whirlwind transformation under its new owner Tata Group, Air India is testing ChatGPT, OpenAI's popular chatbot, to replace paper-based practices. Air India is not only reworking every aspect of operations - from systems to supply chains - but integrating four Tata-related airlines, with Air India due to merge with Vistara while low-cost Air India Express and AirAsia India also converge. Airline mergers in India have had little success with Air India still hobbled by the botched integration of Indian Airlines in 2007. Air India's planes are already a mix of Airbus (AIR.PA) and Boeing (BA.N) jets with multiple cabin configurations.

☆ Covid shrunk the restaurant industry. That’s not changing anytime soon
▼ + stars: | 2023-02-25 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +7 min

In 2020, Covid restrictions ground the nation’s bustling restaurant industry to a halt. Last year, there were about 631,000 restaurants in the United States, according to data from Technomic, a restaurant research firm. Meanwhile, restaurant operators are seeing their own costs, like rent and ingredients, rise, and say it’s hard to hire staff. With conditions so tough, some restaurant owners are advising newcomers to steer clear of the industry altogether. Daniel Jacobs, a chef and restaurant owner, has seen his own network of restaurants shrink over the past few years.

☆ PepsiCo earnings beat expectations as price hikes boost snack and beverage sales
▼ + stars: | 2023-02-09 | by ( Amelia Lucas | ) www.cnbc.com time to read: +2 min

PepsiCo on Thursday reported quarterly earnings and revenue that beat analysts' expectations, fueled by higher prices for its snacks and drinks. But the company saw volume fall 2% across its food business worldwide as those price hikes hurt consumer demand. Frito-Lay North America reported flat volume for the quarter, despite double-digit revenue growth for Doritos, Cheetos, Smartfood and many of its other brands. Looking to 2023, Pepsi is projecting a 6% increase in organic revenue and 8% growth in its core constant currency earnings per share. Wall Street is anticipating net sales growth of 3.5% and earnings per share growth of 7.3%.

☆ The 10 fastest-growing jobs in the U.S. right now—many pay over $100,000 a year
▼ + stars: | 2023-01-18 | by ( Morgan Smith | ) www.cnbc.com time to read: +6 min

Here are the top 10 fastest-growing jobs in 2023, according to LinkedIn; you can read the full list of the top 25 jobs here. Salary range: $41,600-$122,000Top locations hiring: New York City, San Francisco, Washington, D.C.-Baltimore area3. Salary range: $60,000-$145,000Top locations hiring: New York City, Washington D.C.-Baltimore area, Boston4. Salary range: $55,000 - $125,000Top locations hiring: New York City, San Francisco, Los Angeles6. Salary range: $60,000-$132,000Top locations hiring: New York City, San Francisco, Los Angeles9.

☆ Winners and losers in electric vehicles as Tesla possibly ignites a price war
▼ + stars: | 2023-01-17 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

Yet Tesla has the upper hand when it comes to being able to afford those price cuts, suggested Jefferies analyst Philippe Houchois. Both Murphy and Wells Fargo's Langan see a more challenging time ahead for Ford and General Motors as a result of Tesla's price cuts. However, Societe Generale believes Tesla price cuts remove some of the mystery that has surrounded it, and could refocus attention on positive moves by legacy automakers. One clear winner from stronger EV demand is auto suppliers, Bank of America's Murphy wrote. 'Torn' on TSLA Analysts were also quick to point out that Tesla's price cuts will no doubt affect its own bottom line.

☆ RBC: Buy these 23 high-conviction growth stocks for market-beating returns that could top 90%
▼ + stars: | 2022-12-11 | by ( Marley Jay | ) www.businessinsider.com time to read: +3 min

RBC Capital Markets is updating its quarterly list of its favorite small-cap growth stocks. The stocks are "Outperform" rated, and RBC says they have upside of 19% to 98% as of December 8. For investors who want to get familiar with that large space, RBC's list of top small-cap growth ideas could be one place to start getting ideas. "The list is an opportunity to highlight companies that have either an attractive normalized growth story or strong durable growth characteristics," said the firm's analysts. The companies are ranked from lowest to highest based on how much upside RBC's analysts think they have, as reflected in their price targets.

☆ These stocks reporting earnings next week have a track record of beating expectations and trading higher
▼ + stars: | 2022-11-04 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

Some companies that have yet to report third-quarter earnings could beat expectations next week, and outperform on the results. An online gaming company and a solar stock are among the notable names kicking off earnings next week. The video game company topped earnings earnings per share forecasts 88% of the time, according to Bespoke data. The software company exceeded expectations on earnings per share 97% of the time in prior reports. In the past, the home construction company surpassed earnings expectations 76% of the time, and has raised guidance 13% of the time.

☆ I make over $475,000 in revenue each month as an Airbnb host. Here are the 10 most essential tools I use to manage 130 homes.
▼ + stars: | 2022-09-13 | by ( Dorothy Cucci | ) www.businessinsider.com time to read: +8 min

Humza Zafar is a 26-year-old Airbnb host who leases and rents out 130 units across 5 cities. I first started my Airbnb business almost two years ago, in November 2020. My goal was to work on the business, not work in the business. Here's the exact software I used to automate my Airbnb business, and how much each subscription costs me per month. Whether your goal is to grow a million-dollar company or just have more free time, I definitely recommend investing in management software.

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