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☆ Restaurants Across America Are in Crisis Because of Stubborn Diners
▼ + stars: | 2024-02-22 | by ( Corey Mintz | ) www.businessinsider.com time to read: +13 min

Unlike most in rich countries, American restaurant servers depend primarily on tips for their income. You might not know “dynamic pricing” by name, but if you’ve ever booked a flight, hotel room, or gone to the movies on a Tuesday, you understand it intrinsically: Dynamic pricing is when the price of goods or services fluctuates based on demand. “When confronted with dynamic pricing, customers react negatively,” a 2022 study said . In late 2023, after 35 years, Bayless decided to try dynamic pricing, raising the dinner menu on weekends from $165 to $185. Nick Kokonas, who cofounded Toast, also uses dynamic pricing at his Chicago restaurants.

Persons: Toast, they’re, Tipping, Michael Lynn, Zachary Brewster, Lynn, L’Oca, “, ” Adam Orman, we’ve, haven’t, Crudo, you’ve, Sherri Kimes, Rick Bayless, Bayless, It's, ” Bayless, ”, Roger Yang, Nick Kokonas, Ari Weinzweig, ” Weinzweig, Yang, Corey Mintz Organizations: National Restaurant Association, Bureau of Labor Statistics, waitstaff, Cornell University, “, Michelin Locations: America, Italian, Austin, Angeles, Chicago, Toronto, Ann Arbor , Michigan

☆ Stocks making the biggest moves premarket: Nvidia, SolarEdge, Teladoc, Palo Alto Networks and more
▼ + stars: | 2024-02-21 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +4 min

SolarEdge Technologies — Shares dropped more than 20% after the company posted mixed quarterly results. However, revenue guidance for the first quarter was well below analyst expectations . Teladoc — Shares dropped 20% the morning after the online health-care company posted worse-than-expected revenue and guidance. The company posted a loss of 17 cents per share, smaller than the 21-cent figure anticipated by analysts surveyed. Palo Alto Networks topped earnings and revenue expectations for the recent quarter, but said it anticipates slower growth for the full year.

Persons: Teladoc, RingCentral, LSEG, Brandon Oglenski, Alan Shaw, HSBC's, Noel Quinn, Wingstop, — CNBC's Michelle Fox, Alexander Harring, Fred Imbert, Sarah Min, Jesse Pound, Samantha Subin Organizations: Nvidia, SolarEdge, LSEG, Palo Alto Networks, Alto Networks, Toll, JPMorgan, Norfolk Southern, Barclays, Amazon, Dow Jones, Walgreens, Alliance, HSBC —, Wall Street, FactSet Locations: Palo, billings

☆ CNBC Daily Open: U.S. consumers upbeat on the economy
▼ + stars: | 2024-02-20 | by ( Sumathi Bala | ) www.cnbc.com time to read: +1 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Alibaba's overseas betChinese e-commerce giant Alibaba Group is placing its bets on overseas businesses as domestic growth remains weak. [PRO] Only two ETFs shineThere were only two exchange-traded funds in the world that made money every year for the past decade. Both invested in defensive stocks and stood out among 8,300 equity ETFs worldwide, screened by CNBC Pro using FactSet data.

Organizations: Macy's Herald, CNBC, Nasdaq, Dow Jones, Home Depot, Walmart, Discover Financial Services, Alibaba, Bank, CNBC Pro Locations: Macy's, New York City, U.S

☆ CNBC Daily Open: U.S. consumers stay bullish on the economy
▼ + stars: | 2024-02-20 | by ( Sumathi Bala | ) www.cnbc.com time to read: +1 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Alibaba's overseas betChinese e-commerce giant Alibaba Group is placing its bets on overseas businesses as domestic growth remains weak. The company's latest earnings showed its international e-commerce business unit was a bright spot, with revenue up 44% from a year ago. [PRO] UBS picks 'hidden gems'Small-and medium-sized stocks are often overlooked but "have the charm of being hidden gems," according to UBS.

Persons: Hong Organizations: CNBC, People's Bank of China, CSI, Nasdaq, Dow Jones, Home Depot, Walmart, Alibaba, Citi, Discover Financial Services, UBS Locations: Chicago, China, Asia, U.S, Europe

☆ Remember the labor shortage? Immigrants are helping to fix it.
▼ + stars: | 2024-02-19 | by ( Jacob Zinkula | Andy Kiersz | ) www.businessinsider.com time to read: +5 min

AdvertisementThat means the strong job numbers of recent months have largely been due to immigrants , specifically foreign-born workers, entering the workforce in large numbers. “Foreign-born labor force participants have accounted for all of the job growth over the last year,” Bill Adams, an economist at Comerica Bank, told The New York Times. AdvertisementAdditionally, he said these job gains haven’t come at the expense of US-born workers either. As of 2022, foreign-born workers were more likely than US-born workers to be in service, natural resources, construction, and maintenance jobs, according to the Bureau of Labor Statistics. As of January, 65.7% of foreign-born workers were working or looking for work, compared to 61.4% of US-born workers.

Persons: —, ” Bill Adams, Paul Krugman, “ They're, ”, Louis, Miguel Faria, Castro, Donald Trump Organizations: Service, Business, Comerica Bank, New York Times, Bureau of Labor Statistics, Immigrants, Congressional, Office, St, Louis Fed

☆ Free Shipping and Free Returns From Online Shopping Are Dying. Good.
▼ + stars: | 2024-02-18 | by ( Emily Stewart | ) www.businessinsider.com time to read: +6 min

Well, if you’ve ever bought stuff online and received free shipping or returns, you’ve also been a little bit of a jerk — and now it’s time to pay up. Fast, free shipping and easy, no-cost returns have become a baseline expectation in the modern online shopping experience. Instead of fighting for market share by offering free shipping and no-hassle returns, retailers are trying to squeeze more money out of every transaction. Free shipping is not actually free . Returns are a necessary and inevitable part of online shopping.

Persons: you’ve, —, ASOS, ” Neil Saunders, hasn’t, Emily Stewart Organizations: National Retail Federation, Appriss, Urban Outfitters, Saks, Amazon, Retailers, Business Locations: Zara, J.Crew, what’s

Fran Horowitz, Abercrombie & Fitch CEO: The future of retail is small, efficient, omni stores, and they're located where the customer tells us. I get really, really excited about what this means in the operations of the business, using predictive analytics to help us forecast demand. They're worldwide, a zillion stores, and their operations and execution, aside from their merchandising, I think they're always on top of the game. I think you're going to see an interaction with someone in a setting that doesn't look like retail, but looks like a fantastic experience. Nicholas of Sam's Club: Another retail standard that is really going to be important beyond the customer is energy.

Persons: Christina Locopo, Fran Horowitz, Abercrombie, Patrick MacLeod, WWD, Michelle Gass, Levi Strauss, they're, Jens Grede, Geoffroy van Raemdonck, Neiman Marcus, there'll, Trina, Patrick T, Fallon, Chris Nicholas, Kara Trent, Levi's Gass, Tom Ward, Erin Black, CNBC Abercrombie's Horowitz, Marc Lore, Mickey Drexler, TikTok, Adam Jeffery, Dave Kimbell, It's, Scott Mlyn, CNBC Neiman's van, you've, Yael Cosset, —, Ulta's, Arturo Holmes, Trent, That's, we've, Kroger's, Abercrombie's Horowitz, I've, Dia Dipasupil, Neiman's van, who's, Lulu, Drexler, Armour's, Dior, Louis Vuitton, Hermes, Armour Levi's Gass, Emma Grede, Kardashian, Kim, Geoffroy van Raemdonck Patrick Mckleod, Nicholas of Organizations: CNBC, Abercrombie, Fitch, Abercrombie & Fitch Co, Penske Media, Getty, Milken Institute Global Conference, AFP, Sam's, Technology, Walmart U.S, Walmart, New York Times, Navy, WWD, Young, Nike, TJX, Zara, Armour's Trent, Americas, Nicholas of Sam's, Sam's Club Locations: they're, Beverly Hills , California, New York City, America, New York, U.S, Skims, Inditex, Kara, Walmart's

☆ Twitter gave Elon Musk the @e handle after becoming its biggest shareholder, book says — but he doesn't seem to use it
▼ + stars: | 2024-02-13 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Elon Musk was given the @e handle shortly after becoming Twitter's biggest shareholder, a new book says. Musk doesn't appear to have engaged with the account beyond changing the name to John Utah. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementTwitter's trust and safety head was asked to transfer ownership of the @e handle to Elon Musk in April 2022, according to a new book by Zoë Schiffer. Schiffer, managing editor of the tech newsletter Platformer, previously said in an X post that Musk had acquired the @e handle .

Persons: Elon Musk, Zoë, Yoel Roth, John Utah, —, Zoë Schiffer, Twitter's, Leslie Berland, Musk, Schiffer, Roth Organizations: Service, Elon, Twitter, Business

☆ These stocks, including Lululemon, are breaking down even as the S&P approaches 5,000
▼ + stars: | 2024-02-09 | by ( Pia Singh | ) www.cnbc.com time to read: +4 min

As the S & P 500 notches all-time highs, some big names like Lululemon Athletica and Comerica are among more than a dozen stocks trading below their 50-day moving averages. A stock's 50-day moving average is the mean of its 50 most recent closing prices at any given point. We searched the index for stocks that fell below their 50-day moving averages in the past five days and that remain below that level, according to FactSet. Comerica is another name trading below its 50-day moving average of $52.68 per share. Other stocks trading below their 50-day moving average include manufacturer Honeywell and transportation company C.H.

Persons: Lululemon, Raymond James, —, FactSet, Wells Fargo, Robinson Organizations: Comerica, Investment, Nike, Analysts, Honeywell Locations: Dallas

☆ Big Tech's AI spending plans mean big business for 3 portfolio stocks, including Nvidia
▼ + stars: | 2024-02-02 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +9 min

Some of Amazon's spending is likely to go toward its custom AI chips, known as Trainium and Inferentia. But the Seattle-based tech giant also buys Nvidia chips. On Thursday's post-earnings call, CEO Andy Jassy said AWS offers the "most expansive collection of compute instances with Nvidia chips." Alphabet's spending on AI chips has typically been split between its custom chips designed in partnership with Broadcom, known as Tensor Processing Units (TPUs), and Nvidia's offerings. Including networking products that stitch together parts of the data center, about 15% of Broadcom's semiconductor revenue was tied to generative AI spending in fiscal 2023.

Persons: Eaton, Brian Olsavsky, FactSet, Amazon's capex, Andy Jassy, Meta's capex, Susan Li, Li, Mark Zuckerberg, Zuckerberg, Meta, it's, —, Amy Hood, It's, chatbot ChatGPT, AMD's, Ruth Porat, Porat, Jim Cramer's, Jim Cramer, Jim, Florian Gaertner Organizations: Big Tech, Nvidia, Broadcom, Eaton, Microsoft, Meta, Google, Web Services, Facebook, Devices, OpenAI, supercomputing, TPUs, CNBC, YouTube, Photothek, Getty Locations: Eaton, Seattle

☆ The video game industry is in trouble. Here's why.
▼ + stars: | 2024-02-01 | by ( Peter Kafka | ) www.businessinsider.com time to read: +5 min

Read previewEven if you don't play video games, you probably know that video games are a really big business. And if you pay attention to the media business, you may also know that by some measures, the video game industry dwarfs Hollywood in terms of revenue . Which leads to layoffs: The games industry shed 8,500 jobs in 2022 and a record 10,500 in 2023, Ball reports. And that also affects the mobile games business, since game-makers use mobile ads to distribute their apps, and to advertise to players once they've downloaded the apps. Now, mobile game ads are more expensive and less precise, which makes it harder to find new customers and harder to make money from the customers they do have.

Persons: —, Matthew Ball, It's, We're, Ball Organizations: Service, Business, Apple, PlayStation

☆ Donald Trump suggests the mysterious red marks on his hands may be AI-generated
▼ + stars: | 2024-02-01 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +1 min

Donald Trump has suggested the mysterious red marks on his hands that sparked online speculation last month may have been AI-generated. Multiple photos showed him waving, with small red marks visible on his right hand. They did not appear to have been there the previous evening, based on photos taken in Atkinson, New Hampshire. AdvertisementThe pictures prompted widespread speculation online that the marks were caused by anything from a sexually transmitted disease to a fall. AdvertisementThe Republican nominee won't be officially named until July, but several GOP leaders are already referring to the former president as the "presumptive nominee."

Persons: Donald Trump, Mark Meredith, Trump, hadn't, Jean Carroll's, Nikki Haley, Ron DeSantis's, won't Organizations: Fox News, Trump, South Carolina, Republican, GOP Locations: Manhattan, Atkinson , New Hampshire

☆ These smaller stocks could see big gains in 2024, Bank of America says
▼ + stars: | 2024-01-30 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +5 min

Against this backdrop, Bank of America on Monday released a list of best small- and mid-cap ideas for 2024. Strategist Jill Carey Hall added that this year's basket of 31 stocks has average 12-month potential upside of 29%, and is slightly tilted towards value stocks over growth. Shares of Bath & Body Works have trailed the market, rising 2.4% in 2023 and 0.4% so far in 2024. Bank of America also named United Airlines one of its top SMID ideas for 2024. Other names on Bank of America's list of SMID picks included e-commerce retailer Wayfair and aircraft leasing company Air Lease .

Persons: That's, Russell, Jill Carey Hall, Lorraine Hutchinson, Hutchinson, BofA, Geoff Meacham, Lou Gehrig's, Meacham, CyberArk, Tal Liani, Liani, Max, Andrew Didora, UAL, Didora, — CNBC's Michael Bloom Organizations: Wall, Bank of America, Monday, Body, Pharmaceuticals, TAM, United Airlines, Boeing, Bank of, Air Lease Locations: U.S, Amylyx, cybersecurity, CY26, Chicago

☆ Billionaire Jeff Bezos still uses a homemade scrappy door desk from the early days of launching Amazon
▼ + stars: | 2024-01-29 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +2 min

Read previewJeff Bezos might be a billionaire, but to this day, he still uses a homemade scrappy door desk from Amazon's early days in the 1990s. The Amazon founder's fiancée Lauren Sanchez posted a photo on Instagram over the weekend, which shows Bezos working from a laptop on the door desk. The door desk was invented by Bezos in 1995, a year after founding the e-commerce giant, according to a blog on Amazon's website . "We built door desks because it was the cheapest way we could support a desk. The door desk has since become a symbol of Amazon's culture and its core value of frugality.

Persons: —, Jeff Bezos, fiancée Lauren Sanchez, Sanchez, Bezos, Nico Lovejoy, Lovejoy, Marc Randolph, Randolph Organizations: Service, Business

☆ Earnings playbook: Your guide to the busiest week of the reporting season
▼ + stars: | 2024-01-28 | by ( Fred Imbert | ) www.cnbc.com time to read: +10 min

What history shows: GM beats earnings estimates 87% of the time, according to data from Bespoke Investment Group. Alphabet is set to report earnings after the close. What history shows: Alphabet averages a 1.45% gain after reporting earnings, Bespoke data shows. What history shows: Amazon exceeds earnings expectations 63% of the time, according to Bespoke. What history shows: Meta shares have risen in three of the last four earnings days, per Bespoke, including a 23.3% rally.

Persons: Bard chatbot, Gus Richard, David Palmer, Palmer, MSFT, Jordan Novet, bode, Leslie Josephs, Max, Alaska's, AAPL, AMZN, Mark Zuckerberg Organizations: Meta, Apple, ., Motors, CNBC, Tuesday, United Auto Workers, LSEG, Investment, AMD, Starbucks, Microsoft, Management, Wednesday Boeing, Alaska Airlines, FAA, Boeing, United Airlines, Web, Mizuho Securities, Nvidia Locations: Northland, China, Alaska

☆ 5 supplements for PCOS an ObGyn recommends to her patients
▼ + stars: | 2024-01-25 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +5 min

Read previewAn ObGyn shared the supplements that she recommends to her patients to ease the symptoms of polycystic ovarian syndrome . People with PCOS may have small cysts on their ovaries, irregular periods, insulin resistance , excess hair growth, and infertility. Which supplements are most appropriate depends on the PCOS symptoms a patient has, she said. Inositol supplements are thought to restore the correct ratio of inositols in the body, helping to reverse some of the signs and symptoms of PCOS. Haydanek said that recent studies have suggested that inositol is as effective in treating insulin resistance in PCOS patients as metformin, the "current gold standard."

Persons: —, Fran Haydanek, Haydanek, ovulatory, PCOS, Spearmint, spearmint Organizations: Service, Business, PCOS, Rochester Regional Health, Cleveland Clinic, Research Locations: New York

☆ These 'unusual' 4 traits helped Jeff Bezos grow Amazon into a $1 trillion company, says current CEO
▼ + stars: | 2024-01-25 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +5 min

Jeff Bezos built Amazon into a tech behemoth and "everything store" that's now worth $1.6 trillion. Jassy, Bezos' longtime deputy, took the company's reins after the Amazon founder stepped down in 2021. "There aren't too many other bigger thinkers than Jeff Bezos," Jassy said, adding: "He always had a way of getting teams to think bigger." Jassy nonetheless touted Bezos' approach for inspiring great work from employees that helped fuel Amazon's success. "[Bezos] had a way of having really high standards, and then having everybody really stretch and aspire to those standards."

Persons: Jeff Bezos, Andy Jassy, Fortune, Bezos, GeekWire, Jassy, Jeff, You've, it'll Organizations: Economic, Amazon, Pacific Science Center, Web Services Locations: Davos, Switzerland

☆ NASA says the solar eclipse cutting from Texas to Maine in April 2024 will be way cooler than any before it. Here's why.
▼ + stars: | 2024-01-20 | by ( Jenny Mcgrath | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +6 min

If this sounds familiar, it's because in 2017, a 70-mile-wide band of the US saw a total solar eclipse, while many other areas saw a partial eclipse. But the total eclipse coming in April will be even cooler, excited NASA scientists told reporters at an American Geophysical Union meeting. Over 30 million people will be able to see the total solar eclipseA young woman looks through special eyewear to a solar eclipse. A map showing where the moon's shadow will cross the US during the 2023 annular solar eclipse (in yellow on the left) and 2024 total solar eclipse (in purple on the right). Sertac Kayar/ReutersThis will probably be the most observed total solar eclipse in history.

Persons: —, Kelly Korreck, Korreck, Huang Shan, Nour, Albert Einstein's, Sertac Kayar, It's Organizations: Service, Business, American Geophysical Union, NASA, Getty, Johns Hopkins University, Reuters Locations: planetariums, Atlanta, Charlotte, North Carolina, Mexico, Canada, Dallas, Cleveland, Indianapolis, Xiamen, Fujian Province, China, Diyarbakir, Turkey

☆ How to find a hobby
▼ + stars: | 2024-01-20 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +7 min

But if that's not for you — or if you're struggling to find something to do outside of work — experts shared how to find a hobby. The big storyA guide to finding a hobbyRobyn Phelps/InsiderHaving a hobby can help people tackle their work and personal life with more energy. Treat finding a hobby like a projectYou likely won't find the perfect fit immediately, Laura Vanderkam, the author of "168 Hours: You Have More Time Than You Think," told me. Or if they're also trying to find a hobby, ask what the people around them do for fun. Be patient but proactiveAdvertisementVanderkam told me that finding a hobby just takes a bit of time, experimentation, and being open to different things.

Persons: —, that's, Robyn Phelps, I've, Alexis Haselberger, Laura Vanderkam, It'll, Vanderkam, Haselberger, they're, she's, Joey Hadden, andresr, Kornmesser NASA's James Webb, Gen, Patrick Pleul Organizations: Service, Business, Orient, Express, Volkswagen, Ford, Tesla, LinkedIn, ESO, ESA, Hubble, Kornmesser NASA's James Webb Space Telescope, IKEA, Getty, Ikea Locations: Venice, Brandenburg, Schönefeld, Dahme

☆ Don't worry — the machines won't be as smart as humans for a long time, because they've still got a lot to learn
▼ + stars: | 2024-01-20 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

Much of today's most popular AI models, such as OpenAI's GPT-4, are trained on what's publicly available on the internet. It's worth noting that AI models exist today that are pretty effective at generating images, but these are text-to-image models, like Midjourney and Stable Diffusion. Koller also sees issues with today's LLMs. This isn't the first time doubts have been raised about the capacity of today's AI models. Steve Jennings/Getty Images for TechCrunchThis is not to say today's LLMs are useless.

Persons: —, OpenAI's ChatGPT, Bill Gates, Daphne Koller, MacArthur, Koller, Neilson Barnard, chatbots, Yann LeCun, –, today's LLMs, LLMs, that's, Kai, Fu Lee, Steve Jennings Organizations: Economic, Service, Big Tech titans, Google, Microsoft, Getty, Meta Locations: Davos, Switzerland, today's, silico

He also found four poems written by Flora Fairfield, a known pseudonym of Alcott's. As he scrolled through digitized newspapers from the American Antiquarian Society, he found a story titled “The Phantom." I’m interested in gathering more of it.”When first contacted by Chapnick about the writings, Gregory Eiselein, president of the Louisa May Alcott Society, said he was curious but skeptical. This isn't the first time that scholars have found stories written by Alcott under a pseudonym. In the 1940s, Leona Rostenberg and Madeleine Stern found thrillers written under the name A. M. Barnard was an Alcott pseudonym.

Persons: Max Chapnick, Louisa May Alcott, Gould, Charles Dickens, Flora, Alcott's, “, she’s, she’s hustling, ” Chapnick, ” Alcott, ”, — Meg, Jo, Beth, Amy —, Greta Gerwig, Chapnick, Alcott, Gould —, I’m, Gregory Eiselein, I’ve, Louisa Alcott, ” Eiselein, Anne Phillips, “ Alcott, ” There’s, Leona Rostenberg, Madeleine Stern, Barnard, didn’t, We’re, ” Elizabeth Pope, “ We’re Organizations: “, Northeastern University, American Antiquarian Society, “ Little, Boston Public Library, Louisa May Alcott Society, Kansas State University, Kansas State, American Locations: WORCESTER, Massachusetts, Concord , Massachusetts, Flora Fairfield, Worcester, Olive

☆ Trump Is Warned He May Be Ejected From Carroll Trial
▼ + stars: | 2024-01-17 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +5 min

"Mr. Trump, I hope I don't have to consider excluding you from the trial," the judge told him. Following Kaplan's warning, Trump posted that Kaplan was a "seething and hostile" judge with "a major case of Trump Derangement Syndrome." Trump said he did not know Carroll and that she branded him a rapist to boost sales of her then-new memoir. "I am here because Donald Trump assaulted me, and when I wrote about it, he said it never happened," Carroll said. Trump did not attend Carroll's first trial, and in his Truth Social post said he would have won had he attended.

Persons: Jonathan Stempel, Luc Cohen NEW, Donald Trump, E, Jean Carroll's, District Judge Lewis, Carroll, Trump, Shawn Crowley, Kaplan, Democrat Joe Biden, Goodman, Roberta Kaplan, Alina Habba, It's, Habba, Luc Cohen, Noeleen Walder, Jonathan Oatis, Daniel Wallis Organizations: Luc Cohen NEW YORK, District, Trump, Democrat, Twitter Locations: Manhattan, New Hampshire, Florida, New York

☆ Goldman Sachs gives 3 investment strategies for an expensive stock market
▼ + stars: | 2024-01-16 | by ( Sarah Min | ) www.cnbc.com time to read: +4 min

In fact, the S & P 500 is currently at about the same valuation Goldman Sachs expected it to end 2024. Weak pricing power Another trade is owning businesses with weak pricing power. "During periods of improving profitability, investors often reduce the scarcity premium assigned to strong pricing power stocks, and firms with less pricing power and more variable profit margins typically outperform." Some companies with weak pricing power include Freshpet , according to a Goldman Sachs stock screen. Own consumer staples Meanwhile, consumer staples are at an attractive valuation compared to utilities.

Persons: Goldman Sachs, David Kostin, Kostin, Russell, what's, TD Cowen, Roblox, D.R, Consumer Staples, Tyson Organizations: CNBC, Survey, WisdomTree, Hertz Global Holdings, Consumer, Utilities, Tyson Foods, Pilgrim's Locations: Horton , Texas

☆ Why California Officials Killed Cedar, a Little Girl's Pet Goat
▼ + stars: | 2024-01-16 | by ( Adam Rogers | ) www.businessinsider.com time to read: +15 min

Usually, when a child sells an animal at the county fair, some local macher buys it for more than its market value. All they were waiting for, apparently, was approval from the Shasta County district attorney. "More important for livestock producers is how the Shasta County Fair and the Shasta County sheriff — both unencumbered by intelligence — created a bonanza for animal rights zealots." Cedar was livestock, and many people can't even conceive that livestock like Cedar can be something more than food. (The California Department of Food and Agriculture, the Shasta fair, and the county sheriff all declined my requests for comment.)

Persons: might've, let's, wouldn't, E, reenacted, It's, Jessica Long, Bobo, Megan Dahle, Sen, Brian Dahle, Gavin Newsom, Cedar, Dahle, Long, Agriculture —, didn't, wasn't, —, we'll, Leslie Irvine, Irvine, Irving, they've, Ryan Gordon, Colter Ellis, Charlie Thieriot, Jessica Long's, Gordon, they'll, Adam Rogers Organizations: Fair, Animals Cedar, Republican, California ., California Department of Food, Agriculture, Twitter, Hearts, University of California, Animals, Business Locations: Shasta, Northern California, America, California, Napa, Sonoma, Shasta County, Irvine, Seco, Texas, Mississippi

☆ Wall Street's rocky start
▼ + stars: | 2024-01-16 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

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 . AdvertisementIn today's big story, we're looking at how there are still plenty of risks in the market despite big expectations. What's on deck:Chip Somodevilla/Getty ImagesOne of the best indicators of the year ahead comes from banks' Q4 earnings. BI's finance team has a roundup of the biggest Wall Street firms' earnings reports and what it means for their hiring plans.

Persons: Donald Trump, Vivek Ramaswamy, —, Chip Somodevilla, BI's Michelle Abrego, Rebecca Ungarino, Kevin O'Leary, Mark Davis, Goldman, Sharmin, Rahmani, Morgan, Steve Cohen, Sundar Pichai, Boris Streubel, Rebecca Zisser, Apple, Mike Katz Organizations: Republican, GOP, Service, Citi, JPMorgan, BlackRock, Staff, Getty, Goldman Sachs Wealth, New York Mets, Google, Hertz, Business, Bloomberg Locations: Iowa, Google's Berlin, San Diego, Austin

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