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"I think you can be successful with more side hustles than you think," Cody Berman, who co-runs online printables course Gold City Ventures, told CNBC Make It in January. In seventh grade, she started selling leggings for teen girls who couldn't afford larger, trendy brands. Bella Lin, 17, started a side hustle to give her guinea pigs more quality of life. Your ability to stay up-to-date on industry trends and audience demographics can affect your earnings over time, Etsy seller Tim Riegel told Make It last year. Riegel started his side hustle — making and selling steel fire pits — in 2021.
Persons: Cody Berman, Bella Lin —, Bella Lin, Lin, you've, Tim Riegel, Riegel, Becky Powell, Powell, Becky Powell's, , Morgan Eckroth Organizations: Gold City Ventures, CNBC, Onyx Labs, YouTube, Barista Locations: Gold, Beaverton , Oregon, Portland , Oregon, U.S
Third Point's Dan Loeb said he built a "substantial" stake in Google parent Alphabet in the first quarter, adding that he's so bullish on artificial intelligence that almost half of his portfolio is somehow tied to the theme. Loeb had just exited Alphabet in the fourth quarter following a big run in 2023. At one point in 2023, he owned more than $500 million worth of Alphabet stock, one of his biggest holdings. Alphabet, which also owns YouTube, has gained another 17% in 2024 after surging 58% last year. In the first quarter, Third Point also added to its Taiwan Semi investment, initiated in May of last year.
Persons: Dan Loeb, Loeb, " Loeb, TSMC, — CNBC's Scott Wapner Organizations: CNBC, Microsoft, Amazon, London Stock Exchange, Taiwan Semiconductor Manufacturing, YouTube, Taiwan Semi Locations: Taiwan
Carlos Sainz of Ferrari during second practice ahead of the Formula 1 Las Vegas Grand Prix at Las Vegas Strip Circuit in Las Vegas, United States on November 17, 2023. Proponents of the "Netflix effect" often point to a poll taken in 2022 which found 28% of American adults considered themselves to be F1 fans, with more than half crediting "Drive to Survive." If this were true it would mean there were an incredible 72 million F1 fans in the U.S. alone. This argument runs out of road slightly however, when you consider that only 2 million Americans tuned in to watch the 2023 Miami Grand Prix. Today, F1 fans are estimated to be around 40% female, up from just 8% in 2017, as well as significantly more culturally diverse.
Persons: Carlos Sainz, Ferrari, Jakub Porzycki, Nielsen, it's, Toni Cowan, Brown, Cowan, Zak Brown, McLaren, It's, Buzz Radar, TJ Adeshola, Aston Martin, McLaren Unboxed, Lando Norris, Oscar Piastri, Thaier Organizations: Las Vegas, Nurphoto, Netflix, ESPN, IndyCar, NASCAR, Prix, Miami Grand Prix, CNBC, North, Anp, Getty, YouTube, Liberty Media, Aston, Aston Martin Racing, Buzz, Formula, sudani Locations: Las Vegas, United States, U.S, North America, North American, Nevada, Aston Martin, Australia, Bahrain
Amazon’s advertising revenue jumps 24% in first quarter
  + stars: | 2024-04-30 | by ( Ashley Capoot | In | ) www.cnbc.com   time to read: +2 min
Amazon reported 24% growth in its advertising unit on Tuesday, the latest sign that the digital ad market is continuing its rebound. Ad revenue climbed to $11.8 billion in the first quarter from $9.5 billion a year earlier. Amazon reported $143.3 billion in total revenue for the period, up 13% from a year ago. Alphabet followed on Thursday, reporting ad revenue for the first quarter of $61.66 billion, up 13% from the year prior, with YouTube ad revenue jumping 21% to $8.09 billion. Snap shares rocketed 28% on Friday after the company reported a 21% increase in revenue to $1.19 billion, the strongest growth in two years.
Organizations: Amazon, Meta, YouTube Locations: New York
PinnedThe rollout of this year’s Tony Award nominations has just begun on CBS. For leading actor in a play: William Jackson Harper of “Uncle Vanya,” Leslie Odom Jr. of “Purlie Victorious,” Liev Schreiber of “Doubt,” Jeremy Strong of “An Enemy of the People” and Michael Stuhlbarg of “Patriots.”For leading actress in a play: Betsy Aidem of “Prayer for the French Republic,” Jessica Lange of “Mother Play,” Rachel McAdams of “Mary Jane,” Sarah Paulson of “Appropriate” and Amy Ryan of “Doubt.”For leading actor in a musical, the nominators chose: Brody Grant of “The Outsiders,” Jonathan Groff of “Merrily We Roll Along,” Dorian Harewood of “The Notebook,” Brian d’Arcy James of “Days of Wine and Roses” and Eddie Redmayne of “Cabaret.”For leading actress in a musical, the nominators chose: Eden Espinosa of “Lempicka,” Maleah Joi Moon of “Hell’s Kitchen,” Kelli O’Hara of “Days of Wine and Roses,” Maryann Plunkett of “The Notebook” and Gayle Rankin of “Cabaret.”The nominees for best musical, which is the most coveted prize because it often has the highest economic impact, are: “Hell’s Kitchen,” “Illinoise,” “The Outsiders,” “Suffs” and “Water for Elephants.”The nominations are being announced by Jesse Tyler Ferguson and Renée Elise Goldsberry. Those nominations not announced on CBS are to be announced on the Tony Awards YouTube channel at 9 a.m. The nominations were chosen by a group of 44 individuals, generally expert on theater (many of them are artists or arts administrators) but with no financial stake in any of the eligible shows. The nominators are required to see all eligible shows (there were 36 this season); the committee started with 60 people, but got smaller as members recused themselves because they missed a show or developed a conflict of interest.
Persons: Tony, William Jackson Harper, “ Uncle Vanya, ” Leslie Odom Jr, , ” Liev Schreiber, ” Jeremy Strong, Michael Stuhlbarg, Betsy Aidem, ” Jessica Lange, ” Rachel McAdams, “ Mary Jane, ” Sarah Paulson, Amy Ryan, Brody Grant, ” Jonathan Groff, ” Dorian Harewood, Brian d’Arcy James, Eddie Redmayne, Eden Espinosa, ” Maleah Joi, ” Kelli O’Hara, ” Maryann Plunkett, Gayle Rankin, , Jesse Tyler Ferguson, Renée Elise Goldsberry Organizations: CBS, “ Patriots, , , YouTube Locations: French Republic
The staircase, which was built during World War II by the US Navy, has remained a tourist site despite being officially closed to visitors since 1987. On April 23, five people were arrested and charged with first-degree trespassing, according to CNN affiliate Hawaii News Now. “On top of (access) being illegal, it’s an active worksite,” Honolulu PD District Maj. Randall Platt told Hawaii News Now. It has not yet been decided where the stairs will go after being removed. One local tourist attraction, Kualoa Ranch, has expressed interest in buying and housing them.
Persons: , Randall Platt Organizations: CNN, US Navy, Hawaii, YouTube, Hawaii News Locations: Oahu, Honolulu’s, Honolulu, It’s, harm’s,
CNN —Mike Tyson is clearly taking his fight with Jake Paul seriously as he detailed elements of his training regime, which he says includes not smoking marijuana as well as abstaining from sex. Tyson, 57, will return to the ring to face YouTuber-turned-boxer Paul at AT&T Stadium in Arlington, Texas on July 20. The 57-year-old has also started his own cannabis brand, Tyson 2.0, with Forbes estimating it generated $150 million in revenue last year. “Why did God, the universe, whatever we believe, why am I the face of it?” Tyson said. “An uneducated guy, Mike Tyson, why am I the face of cannabis and psychedelics?
Persons: Mike Tyson, Jake Paul, Tyson, Paul, ” Tyson, , Damon Elliott, Elliott, , Mike ”, Roy Jones Jr, Tommy Fury, Tyson Fury, Andrew Golota, Evander Holyfield’s, Tyson’s, Holyfield, Lakiha Spicer, Holyfield –, Mike, ’ Tyson, Chris Unger, Forbes Organizations: CNN, T, Forbes Life, Texas Department, Dallas Cowboys, YouTube, Forbes, UFC, Mobile Locations: Arlington , Texas, Michigan, Las Vegas , Nevada
"We Are Never Ever Getting Back Together""We Are Never Ever Getting Back Together" hit No. Taylor Swift/YouTubeDespite writing ubiquitous hits like "You Belong With Me" and "Love Story" earlier in her career (which peaked at No. 4, respectively), "We Are Never Ever Getting Back Together" was Swift's first-ever song to top the chart. The country-pop-crossover smash was released as the lead single from Swift's fourth studio album "Red." 1 in its second week of tracking and remained atop the chart for three weeks.
Persons: Taylor Swift
I then created my own business, teaching others how to make money from focus groups. I noticed that I was consistently bringing in $2,000 to $3,000 a month from focus groups alone, so I eventually transitioned to concentrate solely on doing focus groups. AdvertisementLast month, in March, I participated in 18 focus groups for a total of $2,770 or an average of $154 per focus group. The best free ways to find focus groups are by searching "focus groups near me" or "taste tests near me" on Google, Craigslist, and social media. They were reputable companies with a huge volume of focus groups, so things probably slipped through the cracks.
Persons: Filipe, , I've, he's, Burger King, Chase, you'll, haven't, Chicago, Jane Zhang Organizations: Service, PayPal, Apple, Google, Facebook, Craigslist Locations: Texas, Chicago, Chicago's, North, janezhang@businessinsider.com
CNBC's Jim Cramer told investors he's pleased with Google parent Alphabet 's most recent quarter, lauding the company's proof of profitability. Cramer added that it underscores why his CNBC Investing Club Charitable Trust owns Alphabet, saying he'd buy the stock on a dip. But after listening to the company's conference call, Cramer was convinced that AI is helping search, which in turn helps advertising revenue. According to Cramer, another reason for Alphabet optimism is the success of its cloud business, which he noted boasts clients like Mercedes-Benz , Cintas and Walmart . He added that he's happy with another arm of the business, YouTube, saying it's a big positive in the company's ad revenue growth.
Persons: CNBC's Jim Cramer, he's, Cramer, he'd Organizations: Google, CNBC, Club Charitable Trust, Benz, Cintas, Walmart, YouTube
In recent years, the free-market economist and the contrarian Austrian school he led midcentury have been turned into a hashtag deployed by tax-wary workers. Ludwig von Mises From Mises Institute“Ludwig von Mises is Latin America’s leading economist,” declared the headline of a Bloomberg opinion piece earlier this month by economist Tyler Cowen. His free-market policy prescriptions, framed by an economic thinking centered on human behavior and individual choice, were widely considered out of fashion at the time. “That is my jam!” Shapiro said of the Austrian school. “If you start to understand the concept of the Austrian economic school,” Moicano said in a recent YouTube video, “you’re going to understand that’s what I need: free market, liberties, and wealth, my brother.
Persons: Renato Moicano, , Ludwig von Mises, ” Moicano, Mises, midcentury, influencers, “ Ludwig von Mises, , Tyler Cowen, Marx, Camila Rocha, Moicano, Jair Bolsonaro, Javier Milei, Fabrice Coffrini, Milei, “ Milei, Daniel Raisbeck, Raisbeck, Milton Friedman, ” Mises, El, Nayib Bukele, Amanda Andrade, Rhoades, Rocha, Ben Shapiro, ” Shapiro, It’s, “ you’re Organizations: CNN — Brazilian UFC, Austrian, Mises, , Bloomberg, New York University, Brazilian Center of Analysis, UFC, Economic, Cato Institute, Argentina national, Salvador, Conservative Political, Conference, Mises Institute, Mises Institutes, Fox Business, YouTube Locations: Austrian, United States, South, Central America, American, El Salvador, Argentina, Brazil, Davos, AFP, Milei, Buenos Aires, Mises, National Harbor , Maryland, Washington, Latin America
CNN —A pair of Russian journalists have been detained on “extremism” charges and face accusations of working for a group founded by the late Russian opposition politician Alexey Navalny. Konstantin Gabov and Sergey Karelin are accused of producing content for Navalny’s prominent YouTube channel, “NavalnyLIVE,” which publishes videos investigating corruption in the Kremlin that have amassed millions of views. Journalist Sergey Karelin appears in court in Russia's Murmansk region, April 27, 2024. An AP photo showed Karelin, who has dual Russian-Israeli citizenship, sitting in a glass cage in a Murmansk court on Saturday. Navalny’s family and supporters have accused Putin of being responsible for his death, a claim rejected by the Kremlin.
Persons: Alexey Navalny, Konstantin Gabov, Sergey Karelin, Gabov, AP Karelin, , Karelin, Vladimir Putin, Sergey Mingazov, Navalny, Putin Organizations: CNN, YouTube, Kremlin, Reuters, AP, Associated Press, Deutsche Welle, DW, Forbes, Novosti Locations: Basmanny, Russia, Moscow, Ukraine, Russia's Murmansk, Russia’s, Murmansk
Warren Buffett, 93, has more in common with YouTuber Ryan Trahan, 25, than you might think. Trahan specializes in turning a penny into hundreds or even thousands of dollars within days. 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 . If the 93-year-old investor watched YouTube, he might be a fan of Ryan Trahan.
Persons: Warren Buffett, YouTuber Ryan Trahan, Trahan, , Ryan Trahan, Charlie Munger, Berkshire Hathaway, vlogger, hawking, Buffett, penny's Organizations: Service, YouTube, Berkshire, Buffett —, HBO Locations: California, North Carolina, McDonald's, Berkshire
I created my TikTok account at the pandemic's start while stuck at home with nothing to do. This story is available exclusively to Business Insider subscribers. What was true for me, at least, was that TikTok took hours away from my day. A better work-life balanceOther Gen Z TikTok addicts who spoke to the Journal shared similar concerns. TikTok did not respond to a request for comment from Business Insider.
Persons: , TikTok, it's, It's, Alistair Barr, there's, Zuckerberg, Z, Keilah Bruce, Gautam Mengi, Will, I've Organizations: Service, Business, Street Journal, Elon, Twitter, Wall Street
The problem: Mr. Ek had neither a plan, nor the time or money to do much about it. He knew whom to contact: Hjalmar Nilsonne, a Swedish tech entrepreneur who Mr. Ek had met the year prior at the Brilliant Minds event, an annual gathering Mr. Ek started. At first, Mr. Nilsonne rebuffed Mr. Ek’s proposition. But Mr. Ek eventually won him over. Mr. Ek, a former computer coder, and Mr. Nilsonne, an engineer, zeroed in on building a better diagnostic tool.
Persons: Daniel Ek, ” Mr, Ek, DealBook, Hjalmar Nilsonne, Mr, Nilsonne, Watty Organizations: Spotify, Apple, YouTube, Amazon Music, Apple Watch, Neko Health Locations: Swedish, Stockholm, London
She told Business Insider she found managing Gen Z employees different from her fellow millennials. There are many things I love about managing Gen Z. AdvertisementWorking with Gen Z is different from managing millennialsI've been managing Gen Z workers for about three years. When people get stuck on the challenging aspects of working with Gen Z, they miss out on all the positives. Related storiesWhen I gave one of my Gen Z team members feedback, they said: "I appreciated the feedback you gave me.
Persons: Hannah Tooker, Tooker, , It's, I've, Gen, millennials I've, Gen Z, they'll, they've, it's, We'd, Z, hasn't Organizations: Service, Gen Locations: LaneTerralever, Phoenix
An eActros is unveiled at the Mercedes-Benz truck plant of Daimler Truck AG on Ocotber 7, 2021. Daimler Truck agreed to a new labor contract on Friday with over 7,300 hourly workers represented by the United Auto Workers (UAW) at six facilities in the U.S. South, averting a strike at the 11th hour. Daimler Truck, which makes Freightliner and Western Star trucks and Thomas Built buses, had faced the possibility of a strike beginning at midnight ET. Fain's speech on Friday started almost an hour later than scheduled as Daimler Truck made late concessions, Fain explained. Under Friday's deal, Daimler Truck workers will receive a minimum 25% general wage increase over the four-year contract, Fain said.
Persons: Shawn Fain, Thomas, Daimler Truck, Fain Organizations: Mercedes, Benz, Daimler Truck AG, Daimler, United Auto Workers, UAW, YouTube, Freightliner, Western Star, Daimler Truck, Detroit Three, General Motors, Ford, Detroit Locations: U.S, Charlotte , North Carolina, Alabama
Microsoft and a major chemical stock were among Friday's biggest analyst calls. He also lowered his price target by $1 to $25, which implies shares can fall roughly 19% from Thursday's close. Sandler increased his price target by $27 to $200, which implies 26.6% potential upside. JPMorgan: Analyst Mark Murphy added $30 to his price target, which is now at $470. He also hiked his price target to $61 from $55, which implies upside of 8% going forward.
Persons: Morgan Stanley, Mobileye, Adam Jonas, Jonas, — Pia Singh, Stifel, Stanley Elliot, Elliott, Alphabet's, Oppenheimer, Jason Helfstein, Ross Sandler, Sandler, Brent Thill, Google's, Justin Post, Post, Wall, Raimo Lenschow, Wells, Michael Turrin, MSFT, Turrin, Mark Murphy, Murphy, Keith Weiss, Weiss, Jeffrey Zekauskas, Zekauskas, Dow, Fred Imbert Organizations: CNBC, Microsoft, JPMorgan, Dow Inc, TAM, Caterpillar, Google, Barclays, , Jefferies, Bank of America, DOW Locations: Israel, Thursday's, reaccelerate, Wells Fargo
CNBC Pro used its stock screener tool to identify the most overbought and oversold stocks on Wall Street as measured by their 14-day relative strength index, or RSI. Stocks with a 14-day RSI above 70 are said to be overbought, indicating that shares might soon turn lower. On Thursday, the technology giant posted a first-quarter earnings and revenue beat as its Google Cloud and YouTube advertising revenue outpaced expectations. On the other hand, Ulta Beauty , with an RSI of 21, is one of the most oversold stocks on Wall Street. IBM stock slipped this week after the company posted better-than-expected first-quarter earnings but missed on revenue.
Persons: Jefferies, Ashley Helgans, J.B, Fred Imbert Organizations: Microsoft, CNBC Pro, Google, Hasbro, Hunt Transport Services, Tech, International, Machines, IBM
With YouTube Booming, Podcast Creators Get Camera-Ready
  + stars: | 2024-04-26 | by ( Reggie Ugwu | ) www.nytimes.com   time to read: 1 min
For its new podcast studio in Burbank, Calif., Exactly Right Media — the company behind hit shows like “My Favorite Murder” and “This Podcast Will Kill You” — made several investments in high-end audio equipment: soundproofing, microphones, a dedicated control room. But that was only half the job. Next, it purchased half-a-dozen video cameras with the help of consultants, hired a set designer and a lighting designer, and found someone to build the scaffolding from which the new equipment would hang. “We got the best truss guy in the city,” said Danielle Kramer, the company’s chief operating officer.
Persons: , , Danielle Kramer Locations: Burbank , Calif
Read previewWhen Taylor Swift uploaded a YouTube Shorts video to promote her new album on April 19, Blogilates founder Cassey Ho was getting her roots touched up at a hair salon. AdvertisementBut given their connected history, Ho thinks Swift may have seen one of her promotional videos for the skort. The bigger pictureWhile Ho is ecstatic about Swift wearing her skort design from the perspective of a business owner and Swiftie, she's also grateful for another reason. Ho also said she's seen new knockoffs popping up now that Swift has been seen wearing the original. But in the meantime, she said, Swift wearing the original feels like the "ultimate karma" against shops that have stolen her work — something Swift herself is deeply familiar with.
Persons: , Taylor Swift, Cassey Ho, Sam, pickleball, Ho, Swift, Taylor, It's, Popflex, i Organizations: Service, Business, Poets Department Locations: preorders
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. But Jim Cramer said Friday that he "asked for granularity and we got it." As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Jim, Jim Cramer's Organizations: CNBC, Federal, Microsoft, Nvidia, Nasdaq
Analysts from major firms, ranging from UBS to Bank of America, were encouraged by accelerated growth in Google Search, Cloud and YouTube seen in the previous quarter. GOOGL YTD mountain Google stock this year. Sandler kept his overweight rating and increased his price target by $27 to $200, which implies 28% potential upside from Thursday's close. Jefferies's Brent Thill maintained his buy rating and upped his price target by $20 to $200, saying shares are trading at an attractive valuation. His target price suggests only about 11% potential upside from Thursday's close.
Persons: Doug Anmuth, Anmuth, Ross Sandler's, Sandler, Jefferies's Brent Thill, Oppenheimer, Jason Helfstein, Justin, Ken Gawrelski, Gawrelski Organizations: Google, UBS, Bank of America, YouTube, JPMorgan, Barclays, , buybacks, & &
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 . In today's big story, we're looking at how the latest GDP data has shifted the expectations of where the economy is headed. Now, the economy will need some type of event (see: bubble popping) for rate cuts to become an option anytime soon, Miskin said. Energy price shocks could bring the world economy to a "vulnerable moment," chief economist Indermit Gill warned.
Persons: , TikTok, they're, you'd, Jia Feng, It'll, Insider's Madison Hoff, It's, Jerome Powell, Anna Moneymaker, BI's Filip De Mott, Jamie Dimon, Matt Miskin, Miskin, Mark Zuckerberg, C, Cox, Jenny Chang, Rodriguez, Goldman Sachs, Guess what's, Indermit Gill, Alphabet's, Redmond, Tyler Le, Doug McMillon, execs, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Business, Service, Reserve, stagflation, JPMorgan, Wall Street, John Hancock Investment Management, Galatioto Sports Partners, Bank, Google, Big Tech, Microsoft, Health, Linkedin, YouTube, ExxonMobil Locations: Chevron, New York, London
Critical Role promotes the game by streaming it on their Twitch channel to their 1.3 million fans . AdvertisementThe latest three-episode installment of Candela is helmed by Critical Role core cast member Liam O'Brien, who I once called the crew's heartbreak prince. "You are not going to feel like an overpowered warrior in this game," O'Brien told me. To be sure, Critical Role and the projects the company is running, from animation to new tabletop games, are prime targets for investment in nerd world. AdvertisementFollowing their sold-out live show at London's Wembley Arena, Critical Role on Thursday announced that they're taking the game to a live venue in Los Angeles.
Persons: , Denis Villeneuve's, who've, Liam O'Brien, Taliesin Jaffe, Imari Williams, Aimee Carrero, Alexander Ward, O'Brien ratcheted, O'Brien, Williams Organizations: Service, YouTube, Business, Darrington Press, CR, Amazon, London's Wembley, United Theater Locations: Los Angeles, LA
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