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☆ Here are Thursday's biggest analyst calls: Ferrari, Netflix, Tesla, Nvidia, TJX, Carvana & more
▼ + stars: | 2024-05-02 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

UBS upgrades Burlington to neutral from sell UBS said the outlook for Burlington is improving. Jefferies reiterates Netflix as buy After a change in analyst coverage, the firm says it's standing by its buy rating. UBS upgrades TJX Companies to buy from neutral UBS says the off-price retailer is a "growth stock with surprising upside." UBS downgrades CVS to neutral from buy UBS said it sees too much uncertainty for shares of CVS. JPMorgan upgrades Carvana to overweight from neutral JPMorgan upgraded Carvana following earnings on Wednesday.

Persons: Morgan Stanley, Ferrari, Mizuho, C27E, BURL, Jefferies, Rosenblatt, TD Cowen downgrades Wolfspeed, Cowen, Raymond James, Parsons, Ziff Davis, KBW, Piper Sandler, Cantor Fitzgerald, Tesla, Cantor, it's bullish Organizations: Nvidia, Mizuho, UBS, Netflix, Networks, Enterprise, Jefferies, CTV, TJX Companies, Department Stores, CVS, JPMorgan, Susquehanna, MGM, Bank of America, Community Bank, Piper, NYCB, ~$ Locations: Burlington, Las Vegas

☆ Companies will hire more as a result of AI, says Upwork CEO
▼ + stars: | 2024-05-02 | 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 EmailCompanies will hire more as a result of AI, says Upwork CEOUpwork CEO Hayden Brown joins CNBC's 'The Exchange' to discuss how Upwork is 'supercharging' AI, labor market outlooks, and more.

Persons: Hayden Brown Organizations: Companies

☆ A freelancer who used Fiverr to leave a bad office job explains how she knew it was time and the pros and cons of the lifestyle
▼ + stars: | 2024-04-21 | by ( Madison Hoff | ) www.businessinsider.com time to read: +7 min

Rose Almond is a fully self-employed freelance engineer after resigning from her office job in 2015. She has also done freelance work through Upwork. Her total revenue from her self-employed work in 2023 was around 65,400 Canadian dollars, or over $47,500. Almond has found that "the lack of face-to-face interaction" that comes with freelance work can sometimes get lonely. Freelance work has now given Almond a chance to explore another work goal.

Persons: Rose Almond, Almond, —, they've Organizations: Service, Fiverr, Business, Almond Locations: Canada, Upwork, Fiverr

☆ 3 in-demand, high-paying side hustles—some can pay more than $200 an hour
▼ + stars: | 2024-04-20 | by ( Gili Malinsky | ) www.cnbc.com time to read: +2 min

Americans are diving into freelancing — 38% performed freelance work in 2023, according to Upwork's December 2023 Freelance Forward survey. You can write people's video game profiles, get paid to pretend to be someone on their dating profiles or even get paid to stand in line for people. Here are three high-paying, in-demand side hustles to consider according to Kristof and Daniella Flores, founder of side hustle blog I Like to Dabble. If you're interested in learning how it works, there are all sorts of online courses on sites like Coursera and tutorials by Google itself. When you take the courses, "you're often connected to the people who are going to hire you in the end," says Kristof.

Persons: Kathy Kristof, Kristof, Daniella Flores Organizations: Social, Google, IBM, Apple, National Initiative, Cybersecurity Careers Locations: cybersecurity

☆ More Americans Are Moving Abroad Because the US Is Too Expensive
▼ + stars: | 2024-04-17 | by ( Kelli María Korducki | ) www.businessinsider.com time to read: +12 min

"We realized we couldn't afford the mortgage and the car payments and everything," Stonestreet told me. Americans work more, vacation less, spend more on healthcare, and die sooner than people in other high-income economies. These factors likely explain why some Americans are moving to countries that aren't generally considered low-cost-of-living locales. She said that living abroad afforded her a degree of flexibility and spontaneity that would be out of reach back home. From their temporary perch in Tirana, Albania, the couple told me via WhatsApp that their only regret about moving abroad was not doing it sooner.

Persons: Amelia Basista, Stonestreet, Basista, Maliya, I'm, Fale, scoping, Cristina Johnson, Johnson, Mariana, Dustin Lange, that's, Mariana Lange, Mark Zoril, Andrew Hallam, Zoril, hasn't, — Zoril, Tomorrow's Organizations: State Department, American Citizens, Monmouth University, Labor Statistics, Financial Technology Association, Business Locations: South America, Denver, Cuenca, Ecuador, Germany, Canada, France, Minneapolis, Latin America, America, Puerto Morelos, Mexico, Pennsylvania, Belize, States, Austin, North Carolina, Central America, Portugal, Spain, Lisbon, Europe, Tirana, Albania

☆ 5 in-demand freelance jobs you can do from home—some pay over $200 an hour
▼ + stars: | 2024-04-14 | by ( Morgan Smith | ) www.cnbc.com time to read: +3 min

To help freelancers find the best opportunities, Freelancer.com has identified five in-demand freelance jobs, based on more than 250,000 listings posted on its database between January and March 2024. ProgrammingAverage hourly rate: $2502. eCommerce development and managementAverage hourly rate: $2503. This has sparked demand for other freelance services related to running an e-commerce site, Siseles points out, including user interface design and copywriting. Freelance jobs may last for part of a day, a week, a month, a year or even longer — and while some jobs are priced hourly, others might have a fixed project rate. To find out where the jobs are and list your own services, consider creating a profile on Upwork, Freelancer.com, Fiverr, TaskRabbit or a different website advertising freelance jobs.

Persons: —, Yoav Hornung, Freelancer.com, Sebastián Siseles Organizations: CNBC, MBO Partners Locations: U.S, Upwork

☆ A millennial who left her full-time job at PwC when her freelance side hustle took off shares the 3 ways to build a new business
▼ + stars: | 2024-03-26 | by ( Allie Kelly | ) www.businessinsider.com time to read: +4 min

When the pandemic hit, DeStefano-Tangorra joined the freelancing platform Upwork, pursuing technology and data analysis projects. Soon after, she left her corporate job to work full-time with clients on their data and intelligence strategy. "I decided, because my business started doing really well on the Upwork platform, that it was no longer a side business." Last year, there were 64 million Americans who freelanced for part or all of their income, making up 38% of the US workforce, per Upwork data. "I'm a salesperson, I'm a marketing person, I'm an accounting person, I'm a technology consultant."

Persons: —, Jacqueline DeStefano, Tangorra, DeStefano, OBIS, I'm Organizations: Service, Omni Business Intelligence Solutions, Business, BI Locations: PwC

☆ Software engineers are getting closer to finding out if AI really can make them jobless
▼ + stars: | 2024-03-14 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

A startup backed by Peter Thiel has released the "first AI software engineer." A little-known startup called Cognition Labs stunned software engineers this week when its team of coding whizzes unveiled what it calls "the first AI software engineer." AdvertisementHowever, Cognition's AI software engineer appears to have an aptitude that's a notch above. Of course, the startup has been pretty careful with how it presents its AI software engineer. These reactions are understandable at a time when software engineers are feeling the heat.

Persons: Peter Thiel, Devin, —, Peter Thiel's, Scott Wu, Kyle Shevlin, Athagist, Keynes, Oliver Twist, kAKj7ZeBob — Kyle Shevlin, Evan You, Aravind Srinivas marveled, Mark Zuckerberg Organizations: Service, Software, Cognition Labs, Cognition, Informatics Locations: Singapore

☆ A clip that's seemingly of the CEO behind Devin, the 'first AI software engineer,' at a math event is wowing viewers
▼ + stars: | 2024-03-14 | by ( Aaron Mok | ) www.businessinsider.com time to read: +5 min

Read previewOn Tuesday, Scott Wu's startup Cognition launched what it claims to be the world's "first AI software engineer," Devin, creating quite the buzz — and a little discomfort — in the tech community. The autonomous AI developer, Cognition claims, is the first of its kind to write code, fix bugs, and train AI models, among other tasks, all on its own. Today we're excited to introduce Devin, the first AI software engineer. Devin is… pic.twitter.com/ladBicxEat — Cognition (@cognition_labs) March 12, 2024Cognition claims that Devin can radically change how software engineers do their jobs. And reactions to the capabilities of Devin — which Cognition claims can resolve 13.86% of coding issues found in open-source projects on GitHub — seem mixed.

Persons: —, Scott Wu's, Devin, Wu, Reddit, He's, Wu didn't, Peter Thiel's, Scott, Neal, …, Kyle Shevlin, Athagist, Devin —, Aravind Srinivas, Evan You, they'd, I'd, Bro, isn't Organizations: Service, Twitter, Raytheon, Business, Cognition, Harvard University, LinkedIn, Fund, Bloomberg Locations: Singapore

☆ Top executives say they’re training workers on AI. Managers and employees disagree
▼ + stars: | 2024-03-01 | by ( Rachel Curry | ) www.cnbc.com time to read: +6 min

There's a disconnect between the level of AI training that leadership teams believe they're giving their employees and the level of training that managers and employees think they're getting, research shows. Nearly three-quarters (73%) of C-suite executives believe their company fully embraces generative AI, including training for the technology, according to a 2023 Upwork survey. "Executives sometimes have a broad-brush approach to AI training," said Apratim Purakayastha, chief technology officer at Skillsoft. Plus, they were 1.9 times more likely to have a formal generative AI skills program in place for their workforce, as well as 3.8 times more likely to have a well-defined generative AI strategy. Generative AI, Monahan notes, can usher in a new era of productivity — if we let it.

Persons: Kelly Monahan, it's, Apratim Purakayastha, Monahan, Purakayastha, Job redesigns, Robert Solow, redesigns, that's, they're, — Organizations: Upwork's Research, IBM, Pew Research Locations: upskilling, American, Davos, Switzerland

☆ 7 in-demand side hustles you can do from home—some can pay as much as $100 an hour
▼ + stars: | 2024-02-24 | by ( Morgan Smith | ) www.cnbc.com time to read: +3 min

There are dozens of in-demand, non-tech side hustles you can do remotely to earn extra cash — some of which can pay as much as $100 an hour. These jobs have dozens of active listings and offer remote, part-time opportunities. Some of these remote side hustles can pay upwards of $100 per hour, depending on your level of skill and the project. Bookkeepers on Upwork, for example, can charge as much as $175 an hour or, for some projects, $300 an hour. The most salient benefit of pursuing one of these remote side hustles, says Frana, is the flexibility.

Persons: FlexJobs, Toni Frana, Frana, Angelique Rewers, BoldHaus Organizations: CNBC

☆ Upwork CEO on AI's impact on freelance work
▼ + stars: | 2024-02-15 | 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 EmailUpwork CEO on AI's impact on freelance workUpwork CEO Hayden Brown joins 'The Exchange' to discuss the state of the gig economy, AI's impact on freelance work, and more.

Persons: Hayden Brown

☆ 3 in-demand freelance jobs that you can do from home—one can pay $500 for a few hours of work
▼ + stars: | 2024-02-13 | by ( Morgan Smith | ) www.cnbc.com time to read: +2 min

In addition to AI services, here are three of the most in-demand freelance services for 2024, according to Fiverr, including what professionals on the platform are charging for them. Two kinds of video editing have seen "huge demand" as of late, according to Hornung: AI video editing and social media video editing. Between January and July 2023, searches for AI video editors increased by more than 625% on Fiverr. Video editing for short-form content is another in-demand skill. Social media managers and specialists charge at least $150 per project.

Persons: Yoav Hornung, Hornung, Fiverr Organizations: CNBC, Social Locations: U.S, Upwork, Mobile

☆ 3 in-demand freelance jobs that you can do from home—one can pay $500 an hour
▼ + stars: | 2024-02-13 | by ( Morgan Smith | ) www.cnbc.com time to read: +2 min

In addition to AI services, here are three of the most in-demand freelance services for 2024, according to Fiverr, including what professionals on the platform are charging for them. Two kinds of video editing have seen "huge demand" as of late, according to Hornung: AI video editing and social media video editing. Between January and July 2023, searches for AI video editors increased by more than 625% on Fiverr. Video editors on Fiverr typically charge at least $100 per hour. Social media managers and specialists charge at least $150 per hour.

Persons: Yoav Hornung, Hornung, Fiverr Organizations: CNBC, Social Locations: U.S, Upwork

☆ As AI creates more 6-figure, remote work opportunities, 'the upside is high, but so are the risks,' experts say
▼ + stars: | 2024-02-12 | by ( Morgan Smith | ) www.cnbc.com time to read: +6 min

Mark Kashef had long considered finance the most stable, lucrative field you could work in — until the release of ChatGPT. Kashef adds that, in the long term, he wouldn't be surprised if AI surpassed finance in terms of job opportunities and earning potential. AI brings new fears and opportunities for workersEconomists and HR experts say the future of the AI job market is bright — but its success isn't guaranteed. "If you look at the descriptions for AI job postings, many of the roles are still very exploratory, alluding to building or testing new products," Pollak says. Several industries outside of tech have demonstrated a clear, consistent interest in hiring for AI jobs, including retail, finance, health care and education, Pollak notes.

Persons: Mark Kashef, ChatGPT, Kashef, it's, wouldn't, —, Julia Pollak, Pollak, Trey Causey, Causey, Ryan Sutton, Robert Half Organizations: Ottawa, Queen's University, Companies, Meta, Netflix, Amazon, Business Locations: —, Kingston , Ontario, ODAIA, Toronto

☆ 5 things next week that could determine if Wall Street's winning streak continues
▼ + stars: | 2024-02-10 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

Wall Street wrapped up another positive week, with the S & P 500 closing Friday above 5,000 for the first time ever. It was a pretty light week in terms of economic data releases, though we did get a favorable ISM Services number on Monday. Things will pick up next week with several closely watched macroeconomic updates, including two key government inflation reports. While no Club earnings are scheduled to report earnings in the week ahead, 61 companies in the S & P 500 will deliver their latest quarterly results. Consumer inflation: The main event of the week will come on Tuesday when the January consumer price index (CPI) is released.

Persons: Estee Lauder, Eli Lilly, Price, Bausch, Trimble, Krispy Kreme, Topgolf, Kraft Heinz, Martin Marietta, Owens Corning, WEN, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Nasdaq, Club, GE Healthcare, DuPont, Linde, Ford, Disney, Wynn Resorts, CPI, PPI, Palo Alto Networks, Nvidia, Bausch Health, Arista Networks, WM, Cadence Design Systems, ZoomInfo Technologies, Avis Budget, Brighthouse, Goodyear Tire &, Vornado Realty, Marriott International, Hasbro, Restaurant Brands, Molson Coors Beverage, Holdings, MGM Resorts, MGM, Akamai Technologies, American International Group, AIG, Topgolf Callaway Brands, CME Group, Sony, SONY, Blackstone Mortgage Trust, Martin Marietta Materials, Ryder, Occidental Petroleum, Cisco Systems, Deere, Penn Entertainment, Southern Company, Coinbase, Trade, Materials, Rand, Texas, Housing, Jim Cramer's Charitable, CNBC, New York Stock Exchange, Getty Locations: Albemarle, ALB, Ingersoll, New York City

☆ I made $144,000 last year as a virtual assistant working flexible hours. It cured my burnout.
▼ + stars: | 2024-02-10 | by ( Ashley Couto | ) www.businessinsider.com time to read: +6 min

Read previewThis is an as-told-to story with Rebecca Morassutti, a virtual assistant. I wanted to work remotely and have flexible hours, so I started thinking about starting an online business. I turned up my nose at virtual assisting at firstGoogling online businesses for digital nomads led me to virtual assistant, or VA, work. The moment I got back to my desk, I started looking for any virtual assistant work I could do. Getting paid to learn is my favorite part of being a virtual assistant.

Persons: —, Rebecca Morassutti, wasn’t, I'd, I've, “, I’ve Organizations: Service, Business

☆ Has the LA scene fizzled? SoCal has fallen further behind the Bay Area, NYC and Boston for startup funding: 'People deep in AI are just not in LA'
▼ + stars: | 2024-01-23 | by ( Ben Bergman | ) www.businessinsider.com time to read: +8 min

But last year, the LA tech scene stalled, according to Carta data. Startup funding plummeted everywhere, but nowhere experienced a steeper decline than LA, where funding declined 65% from 2022. CartaLA's startup funding dropped 65% last year, a steeper decline than the Bay Area, New York or Boston. "They're very deep AI companies, but they're being applied to a vertical, which is one of the strengths of LA," Ingersoll said. Bird goes bust and Snap snaps backThere was more bad news for LA's startup scene in 2023 than just the dismal funding numbers.

Persons: Ethan Aldrich, Aldrich, there's, Andreessen Horowitz, a16z, Katia Ameri, Ameri, VCs, Nikita Bier, Bier, Mark Suster, Suster, LA's, we're, Palmer Luckey, Minnie Ingersoll, Ingersoll, Bird, Zillow, Spencer Rascoff, Evan Spiegel ERIC PIERMONT, Ishan Singh, Singh Organizations: Stanford, Business, Lightspeed Venture Partners, Coatue Management, LA Tech, LA, Carta, Honest Company, New, Boston, Microsoft, Clark, SpaceX Locations: Santa Monica, Southern California, LA, Santa, Hayes, San Francisco, Los Angeles, San Francisco and New York, New York, Boston, Carta, San Diego, Seattle, Hawthorne , CA, Costa, Bay

☆ I made $50,000 on Upwork using my specialized expertise. Here are 3 things I'd always tell potential clients in messages to get the job.
▼ + stars: | 2024-01-10 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +3 min

I'm an AI and data science lecturer at the University of Gloucestershire in England. Alongside my job, I work as a freelancer on Upwork, where I use generative AI and data science to help businesses automate and improve their processes. I specialized in generative AI and data science — before ChatGPT was released. Businesses would hire me to build AI models and create content using generative AI. During these sessions, companies, often startups, ask for my advice on AI models they are building or problems they encounter.

Persons: Usama Shahid, ChatGPT, I've Organizations: University of Gloucestershire, Business Locations: England, Pakistan, Upwork

☆ I made $29,500 in 11 months working 5 hours a week as a social-media manager. Here's how I got started on Upwork.
▼ + stars: | 2024-01-02 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +3 min

I started a Pinterest account to promote my blog. I realized I could manage other people's Pinterest accountsIn 2021, I started an Upwork account offering this service to clients. I would also include a portfolio and case study of how I'd grown my Pinterest account and add it as an attachment. I get most of my social-media clients through agencies. My Etsy store is my biggest source of income, but I like to keep up my social-media work because I'm more comfortable having multiple income streams.

Persons: Emma Larocque, Pinterest, I've Organizations: Business, Pinterest

☆ Upwork's Kelly Monahan on why 2024 should be about embracing job disruption
▼ + stars: | 2023-12-16 | by ( Josée Rose | ) www.businessinsider.com time to read: +6 min

Read previewKelly Monahan wants to use "data-driven empirical insights to help guide" the conversation around the future of work. As the managing director of Upwork's Research Institute, Monahan knows this is an uphill battle. I'm going to make kind of a bold statement: I'm really excited for job disruption. As leaders, and as workers, we can begin to really think about redesigning the job itself. I thought we'd be much further along in that conversation, which is why as a researcher, I'm really willing to dive back into it going into 2024.

Persons: —, Kelly Monahan, It's, Monahan, I've, it's, Kelly, There's, that's, we'd, I'm Organizations: Service, Upwork's Research, Business

☆ AI Helps Unskilled Employees on the Job, Hurts Experienced Workers
▼ + stars: | 2023-12-04 | by ( Aki Ito | ) www.businessinsider.com time to read: +13 min

The numbers have prompted AI optimists to predict an economic boom and AI pessimists to worry about a future of fewer jobs. The question isn't how much AI helps out around the office but who it helps — and why. AI, in other words, is raising overall productivity by narrowing the gap between high performers and low performers. Researchers tasked people to write a short story, with and without the help of an AI tool for generating ideas. A few enterprising employers will go all in on hiring job candidates with less experience and boosting their performance with AI.

Persons: I've, optimists, It's, coders, it's, Bolt, it'll, we'll, isn't, We've, there's, Aki Ito Organizations: Software, Management, Law, Business Locations: United States

☆ ChatGPT is already stealing work from freelancers
▼ + stars: | 2023-12-02 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +5 min

The popularity of ChatGPT has already led to lower earnings for some Upwork and Fiverr freelancers. AdvertisementLast year, a record 39% of the US workforce did freelance work , per the freelance platform Upwork. It's not just Upwork freelancers who are earning less. He said he's seen some freelancers' earnings fall from roughly $2,500 to $3,000 per month to around $1,000 today. Some freelancers have found work as AI content editors, which often involves editing, fact-checking, and giving a human touch to clients' AI-generated content.

Persons: ChatGPT, —, he's, @xianghui90 @oren_reshef @Zhou_Yu_AI, kbtp8uDUPU, John Burn, Murdoch, Carl Benedikt Frey, Mark Muro, it's, Fiverr, Ben Baker, Baker Organizations: Service, Washington University, New York University, Brookings Institution Locations: St, Louis, Australia, @jburnmurdoch, Oxford

☆ I doubled my revenue as a freelancer to more than $200,000 in one year. These 3 strategies helped me scale up.
▼ + stars: | 2023-11-28 | by ( Hannah Logsdon | ) www.businessinsider.com time to read: +6 min

Upselling at the end of a project and targeting niche industries helped her hit $200,000 in 2022. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In my first full calendar year, I earned $100,000 in revenue, and in my second year, I more than doubled that number. When advertising these skills on freelance marketplaces, I positioned myself as an expert in sales optimization, client acquisition, and virtual assistance. Using these strategies, my business revenue for my second full year surpassed $200,000.

Persons: Hannah Logsdon, — Organizations: Service

☆ A former teacher started a YouTube side hustle teaching English – here's how it works
▼ + stars: | 2023-11-13 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +5 min

Thompson had spent five years teaching English in Madrid after college, but quit when she started on Upwork. "I've always loved teaching English —that's what I've always been about," she said. She created another YouTube channel for teaching EnglishThompson's videos about how to be a freelance transcriber were gaining popularity, ultimately being viewed 340,000 times. She started the Sparkle English channel in February 2020. She plans to make her side hustle her main channelToday, Thompson does far less freelancing and her Upwork YouTube channel is her main income.

Persons: Jennifer Thompson, Thompson, I've, She'd, I'm, I'd, ChatGPT Organizations: YouTube Locations: Madrid, Canada, Spain

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