DIRS.INFO The most relevant business & tech news

☆ This former Harvard lecturer sold his company for nearly $20 million—and burnt out immediately after: Here's how he recovered
▼ + stars: | 2023-09-06 | by ( Renée Onque | ) www.cnbc.com time to read: +1 min

No matter how much we think we know ourselves and what we want, we can still feel unsure about what the next steps in our careers, and life overall, should be. Feeling trapped in a cycle with no sense of direction often leads to burnout. Take for instance, Suneel Gupta, who felt more burnt out than ever after exceeding his expectations by selling his wellness company for nearly $20 million in 2016. You can think of your center as your purpose that keeps you grounded even in moments of uncertainty; it's what's referred to in Hinduism as "dharma." Here are eight practices you can implement in your life to ground yourself and re-align with your purpose when you're experiencing burnout.

Persons: Suneel Gupta, Gupta, what's Organizations: Harvard University Locations: Hinduism

☆ Fund manager who outperformed the S&P 500 since 1989: These are my best and worst stock picks
▼ + stars: | 2023-09-02 | by ( Ryan Ermey | ) www.cnbc.com time to read: +1 min

Joel Tillinghast has picked his share of winning stocks. The legendary mutual fund manager has run Fidelity Low-Priced Stock since its launch in December 1989. Since then, the fund has posted an annualized total return of about 13%, trouncing the S&P 500's 10% return over the same time period. When asked for examples of investments that he learned from, Tillinghast shared two of his best stock picks and one of his worst. And for those looking to emulate Tillinghast's stock-picking prowess, remember: These aren't stock picks.

Persons: Joel Tillinghast, he's, Tillinghast Organizations: CNBC

People represent different countries during seminars on conflict scenarios with China, organised for youth by the Kuomintang (KMT) party, in Taipei, Taiwan May 21, 2023. Younger voters are again playing a role - but this time they are gravitating to dark horse candidate who has become the DPP's closest challenger. Ko Wen-je, a 64-year-old former Taipei mayor, has won over many younger voters with plain talk on issues such as high housing costs rather than focusing on the China threat. Some younger voters may show their hands late, so Ko's appeal to that demographic could close the gap with Lai. Although it may have a healthy lead in opinion polls, the DPP is acutely aware of the dangers of losing younger voters.

Persons: Ann Wang, Tsai Ing, William Lai, Ko Wen, Ko, Lai, Terry Guo, Chen Kuang, Chen, Hou Yu, Mao Zedong's, Ho Chih, yung, Ho, Zheng De, Zheng, Sarah Wu, Yimou Lee, Ben Blanchard, John Geddie, Gerry Doyle Organizations: Kuomintang, KMT, REUTERS, Rights, United States, Democratic Progressive Party, Taiwan People's Party, Taiwanese Public, DPP, Apple, Chung Cheng, Taiwan's, ih, Reuters, Thomson Locations: China, Taipei, Taiwan, Rights TAIPEI, Beijing, United, Hong Kong, Lai, Chung Cheng University

☆ Bank of America: Hedge funds are unusually bullish about these 20 stocks as they brace for tough times in markets
▼ + stars: | 2023-08-26 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

Here are 20 stocks that hedge funds are gravitating toward in this uncertain market. Although several economic signals have offered investors reasons for optimism right now, hedge funds can't seem to shake their cautious convictions. Bank of AmericaManagers of hedge funds and long-only funds have shifted toward defensive stocks over the last few years, according to Bank of America. 20 stocks hedge funds love nowWhile hedge funds are playing defense until further notice, that's not to say they're bearish. Below are the 20 stocks that hedge funds are unusually bullish about along with the ticker, sector, and net relative weight in hedge funds for each.

Persons: Savita Subramanian, defensives, Subramanian, that's Organizations: Bank of America, BofA's, Equity Locations: defensives, —

☆ Big-money investors are increasingly bullish on these 8 AI beneficiaries, according to a Goldman Sachs analysis of over 744 hedge funds with a combined $2.4 trillion in equities
▼ + stars: | 2023-08-23 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

Hedge funds' top holdings have performed much better this year than in 2022 or 2021. Here are eight artificial intelligence beneficiaries that hedge funds are gravitating toward. The heaviest investments from hedge funds recently have been to energy and financials stocks, Snider wrote. 8 AI winners that hedge funds still loveWhile hedge funds haven't turned their back on tech, it may appear that way at first glance. Along with each is its ticker, industry, the number of hedge funds that owned it in December 2022 and June 2023, and the increase in the number of hedge funds that owned the stock in that span.

Persons: Goldman Sachs, Goldman Sachs Goldman Sachs, Ben Snider, Snider, they're, Russell, they've, haven't, it's Organizations: Microsoft, Nvidia, Goldman Sachs Research, Apple

☆ Tesla's Cybertruck is Elon Musk's toughest gambit yet
▼ + stars: | 2023-08-21 | by ( Nora Naughton | ) www.businessinsider.com time to read: +3 min

Musk is making further moves to thrust Tesla into the mainstream by entering the US market's lucrative pickup truck market. It's also a tough time to release any new product, especially an electric pickup truck. While Cybertruck is poised to go after a more unique set of pickup truck buyers, the company could face more trouble than it's used to converting existing truck buyers to the brand. Cybertruck will also face a tightening new vehicle market, with customers who are spending less on unnecessary purchases and gravitating toward more practical vehicles. "The nature of trucks is to work within this network of aftermarket companies out there – it will be interesting to see if Elon plays along."

Persons: Tesla, Elon Musk, It's, Cybertruck, it's, Karl Brauer, Brauer, Elon Organizations: Ford, GM, iSeeCars, Elon

☆ Cybertruck superfans waited years for the launch. Now Elon Musk has to deliver.
▼ + stars: | 2023-08-12 | by ( Nora Naughton | ) www.businessinsider.com time to read: +3 min

The stakes are high for Tesla's Cybertruck launch. A slowdown in EV growth could create a headache for the Cybertruck launch. The long-awaited Tesla Cybertruck is finally on its way , and the stakes are high for CEO Elon Musk. A successful Cybertruck launch will be key to meeting that goal, and graduating Tesla from a scrappy startup to an automotive powerhouse. The pickup truck market is a different ballgameThe US pickup truck market is one of the most lucrative in the world, presenting a huge opportunity for Musk and Tesla.

Persons: Elon Musk, Tesla, Jessica Caldwell, Edmunds, Rivian's R1T, Ford's, It's, Sam Fiorani Organizations: Tesla, Tesla's, AutoForecast Solutions

☆ The world's longest-living people prioritize this Japanese 'secret' for 'a long and happy life': How you can too
▼ + stars: | 2023-07-04 | by ( Renée Onque | ) www.cnbc.com time to read: +1 min

Gravitating towards the activities that spark this state of "flow" can lead you to your "ikigai," which is "the happiness of always being busy," say Héctor García and Francesc Miralles, authors of Ikigai: The Japanese Secret to a Long and Happy Life. Many of the world's longest-lived people find their ikigai and prioritize it nearly every day of their lives. "There is no magic recipe for finding happiness, for living according to your ikigai," wrote García and Miralles. "But one key ingredient is the ability to reach this state of flow and, through this state, to have an 'optimal experience.'" Thankfully, there's a framework that you can follow to achieve a state of flow.

Persons: Francesc Miralles, Hayao Miyazaki, Miyazaki Organizations: Ghibli Locations: Japan

☆ Elon Musk has a big learning curve ahead of him with the Cybertruck
▼ + stars: | 2023-07-01 | by ( Nora Naughton | ) www.businessinsider.com time to read: +3 min

Tesla CEO Elon Musk has a learning curve ahead of him later this year when the Cybertruck finally hits customers' driveways. Musk is making further moves to thrust Tesla into the mainstream by entering the US market's lucrative pickup truck market. It's also a tough time to release any new product, especially an electric pickup truck. While Cybertruck is poised to go after a more unique set of pickup truck buyers, the company could face more trouble than it's used to converting existing truck buyers to the brand. "The nature of trucks is to work within this network of aftermarket companies out there – it will be interesting to see if Elon plays along."

Persons: Tesla, Elon Musk, It's, Cybertruck, it's, Karl Brauer, Brauer, Elon Organizations: Ford, GM, iSeeCars, Elon

☆ Opinion | Robert F. Kennedy Jr. and the Coalition of the Distrustful
▼ + stars: | 2023-06-30 | by ( Michelle Goldberg | ) www.nytimes.com time to read: +2 min

Before Covid, Gabe Whitney, a 41-year-old from West Bath, Maine, didn’t think much about vaccines. He began following anti-vax figures like Del Bigtree, Robert Malone and, of course, Robert F. Kennedy Jr., whom Whitney already admired for his environmental work. Kennedy has long touted an illusory connection between vaccines and autism, and has repeatedly said that pandemic restrictions arose from a C.I.A. plan to “clamp down totalitarian control.” If Kennedy was so wrong, Whitney thought, it didn’t make sense that his critics wouldn’t debate him. (I requested an interview with Kennedy, but never heard back from the person I was told could schedule it.)

Persons: Gabe Whitney, didn’t, Donald Trump, Joe Biden, Whitney, “, ” Whitney, Del Bigtree, Robert Malone, Robert F, Kennedy Jr, Kennedy, ”, I’d, Joe Biden’s, Anselm, Marianne Williamson Organizations: Democratic, Saint Anselm College, Emerson College Locations: West Bath , Maine, Manchester, N.H

☆ Video has become the hottest topic in podcasting, as some look to it to supercharge growth and others worry about how it will change the industry
▼ + stars: | 2023-06-27 | by ( Marta Biino | ) www.businessinsider.com time to read: +9 min

And while Schwarzenberger comes from the world of YouTube, it's not just content creators and influencers who have embraced video. "Sometimes they don't differentiate between a podcast on an audio platform, and a podcast on a video platform. Spotify recently started partnering with payment startup Creative Juice to support podcast creators. Hosting company RSS.com launched a tool in June to generate video from audio podcast tracks to repurpose on social media. And several AI tools have launched that automatically chop up long-form video content for short-form social platforms.

Persons: it's, Jordan Schwarzenberger, Schwarzenberger, influencers, Alison Lomax, Louise Kattenhorn, Matt Wells, — chatty, Conal Byrne, Will Ferrell, Nikki Glaser, Ryan Seacrest, Joe Gagliese, Liam Heffernan, RSS.com, Josh Adley, YouTube's, Natalie Amos, Listen's Adley, Keith Jenkins, Jenkins, Kristen Bousquet, Bousquet, Jay Clouse Organizations: YouTube, Ireland, BBC, Cumulus Media, Apple, Spotify, iHeart, Viral, Gleam Locations: London

☆ Ralph Lauren CEO on consumer spending: We're seeing them gravitating towards higher priced items
▼ + stars: | 2023-06-27 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRalph Lauren CEO on consumer spending: We're seeing them gravitating towards higher priced itemsRalph Lauren CEO Patrice Louvet joins CNBC's Andrew Ross Sorkin from the Aspen Ideas Festival to discuss consumer spending habits, whether consumers are trading down, marketing in today's landscape, and more.

Persons: Ralph Lauren, Lauren, Patrice Louvet, Andrew Ross Sorkin Organizations: Aspen Ideas

☆ To video or not to video? Inside the biggest debate in podcasting and how it could shape the industry's future
▼ + stars: | 2023-06-26 | by ( Marta Biino | ) www.businessinsider.com time to read: +9 min

☆ These 7 'left for dead' value stocks will outperform while the tech trade unwinds in an imminent recession, according to a fund manager who beat 99% of his peers last year
▼ + stars: | 2023-06-15 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

Fund manager Brian Frank explained why he's bearish on tech stocks and the economy. Here are seven stocks he's bullish on now as value makes a comeback in a recession. Value is the best bet in a weak economyConsidering how growth stocks have retaken the throne from their value counterparts this year, Frank said he's pleased with how his Frank Value Fund (FRNKX) has fared. The mid-cap fund, which Frank has single-handedly managed for nearly 19 years, has outperformed 74% of its peers in 2023, according to Morningstar. "You would think, given the economic data, defensives would trade at a premium to the market," Frank said.

Persons: Brian Frank, Frank, It's, —, he's, Morningstar, we're, that's, he's bullish Organizations: Frank Value Fund, Home, Walmart

For Felisha Robinson, it was the scene in the biopic “What’s Love Got to Do With It” in which Tina Turner runs across the highway, face bloodied from having been beaten by her then-husband and performing partner, Ike Turner, to escape her abusive marriage with nothing but 36 cents and a Mobil card in her pocket. As Robinson, 42, was getting out of her own abusive marriage in 2020, she found herself gravitating toward the 1993 film that made waves around the world for starkly depicting the violence Tina Turner had endured. She had watched it when she was younger, but felt she now understood all that it took for Turner get there. Looking back at the singer’s interviews, books and songs helped Robinson process her own experience. “The desperation that was in her, like, ‘I have got to get out of this situation.

Persons: Felisha Robinson, Tina Turner, Ike Turner, Robinson, “, ”, Turner Organizations: Mobil

☆ Here are 3 themes to invest in now as artificial intelligence and technological innovation transform the global food system — and 14 key players leading the evolution, according to PGIM's director of
▼ + stars: | 2023-05-30 | by ( Lisa Kailai Han | ) www.businessinsider.com time to read: +8 min

Antia shared 3 major themes to invest in — and 14 key players driving this evolution. And according to Antia, right now there's no secular trend more exciting than the transformation of the world's food system. On the food supply side, Antia listed climate change and technological innovation as two additional drivers for the evolution of the global food system. This two-way impact between food production and the environment has revealed the necessity for greater sustainability in the world's food system, Antia explained. As global demand for local products increases, so does the demand for refrigerated frozen storage facilities and transportation.

☆ Poet Maggie Smith shares her story in ‘You Could Make This Place Beautiful’
▼ + stars: | 2023-05-27 | by ( Jessica Dulong | ) edition.cnn.com time to read: +9 min

Poem: “Bride” by Maggie Smith Source: Simon & SchusterSince then, a huge response to her poetry and prose, including two recent bestsellers, “Keep Moving” and “Goldenrod,” has elevated her to celebrity poet status. CNN: You have said that writing about your divorce has turned you into “a divorce whisperer.” How so? Smith's recent memoir, "You Could Make This Place Beautiful" tackles divorce as well as common family terrain. If someone is going through a breakup, I tell them to remember that they predated, and have outlasted, the relationship. There’s no place I can go here where there isn’t a reminder of something that came before.

☆ Strikes, Delays and Lost Luggage: How to Survive Air Travel This Summer
▼ + stars: | 2023-05-25 | by ( Elaine Glusac | The New York Times | ) www.nytimes.com time to read: +27 min

Illustration by Yukai Du Strikes, Delays and Lost Luggage: How to Survive Air Travel This Summer With the travel season in full swing, we compiled a guide to help you navigate the year’s most hectic time in the skies. If you don’t care which beach, shop around.” If you haven’t booked summer flights, do it now. For one, avoiding the airports with the highest levels of delays and cancellations last summer may be a good idea. They’re also getting longer inside airport lounges, longtime havens from the masses clogging the terminals at peak times. Standard membership in Priority Pass, a network of 1,300 airport lounges, starts at $99 a year, with each visit costing $35 at that level.

Persons: Yukai Du, we’ve, haven’t, Hopper, What’s, ”, Laura Lindsay, Ted Rossman, Priceline, Mr, Rossman, Charlotte Douglas, Toronto Pearson, it’s, “, Carter Langston, Rhonda Lawson, C.B.P, you’ve, you’re, You’ll, Lawson, Emmanuel Macron, Tomasz Pawliszyn, Jamie Larounis, Larounis, they’re, SITA —, They’re, Eric Goldmann of Atlanta Organizations: Bureau of Labor Statistics, Google, Miami, JetBlue, Heathrow Airport, Amsterdam Schiphol, Gatwick, Air Canada, Labor, Newark Liberty International, La Guardia Airport, Kennedy Airport, Reagan, Miami International, Orlando International, Boston Logan International, Charlotte Douglas International, Toronto Pearson, Federal Aviation Administration, Washington , D.C, Customs, Western, Gulf, Phoenix, Transportation Security Administration, Global, Border Protection, Clear, PreCheck, Heathrow, Air, SNCF, U.S . State Department, Smart, Union, Travelers, New Tech, Airlines, Lufthansa, Siemens, Alaska Airlines, KLM, U.S . Bureau of Transportation Statistics, Apple, The Department of Transportation, American, Venture, Dallas Fort Worth International, JPMorgan Chase, Club, Chase Sapphire Reserve, Americas Locations: Europe, United States, Asia, San Francisco, Jacksonville, Fla, Miami, London, Amsterdam, U.S, La, New York, Washington, Charlotte, N.C, Newark, Orlando, Toronto, Sydney, Jakarta, Frankfurt, Munich, Heathrow, Washington ,, States, Denver, Seattle, Reno, Nev, Gulf Coast, Atlantic, Houston , New Orleans, Atlanta, Luton, T.S.A, ’, noncitizens, France, Britain, Italy, Germany, Berlin, Dutch, Swiss, Delta, United, Hong Kong, Dallas, Boston, North, Central, South America, Dallas , Newark

Her mother Sarah — a former deli shop owner — was bored with retirement and had decided to open an ice cream shop in Bethesda, Maryland. "To be honest, at first I was like, 'ice cream shop?'" Running the ice cream shopDespite Sarah's Handmade Ice Cream successful grand opening, it took over six months for the business to become "a well-oiled machine," Park says. Instead, Park and her mother donate ice cream to local nonprofits and community organizations, which has attracted loyal customers in the Bethesda area. Within a few months of opening the first store, Park realized the business didn't have to be limited to just "a mom-and-daughter shop."

Jefferies says specialty plumbing and appliances distributor Ferguson is a high-quality business "poised to take [market] share." Its new price target of $181 implies shares rallying 28% from Monday's close. "FERG is uniquely positioned to service compared to smaller competitors due to its scale & breadth of products," analyst Philip Ng wrote in a Tuesday note. "FERG should be resilient in a downturn, driven by its pricing power, high variable cost structure and capital light model. FERG's pricing power & limited exposure to commodity products drive stable gross margins through the cycle."

☆ The top 10 buzziest companies Gen Z wants to work for—none of them are in Big Tech, says new report
▼ + stars: | 2023-05-01 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +5 min

The graduating class of 2023's desire for stability in an uncertain economy is dictating where they want to work most after college. It's hard to escape unrelenting news of tech layoffs in recent months, including major staff cuts from Meta, Google, Amazon, Microsoft and many others. "They're gravitating toward companies that offer solid benefits, career pathing and a level of stability they've been looking for." Most young professionals plan to pick up new tech skills for their careersThough search interest for major tech companies dropped, Cruzvergara says today's grads are more likely than their predecessors to be interested in jobs that require tech skills. New college grads feel confident they have the skills they need to get the job they want but also plan to develop new tech skills on the job or after hours.

☆ Bud Light sales are falling, but distributors say they’re sticking by the brand
▼ + stars: | 2023-04-26 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +4 min

New York CNN —Beer distributors are largely sticking by Bud Light and its parent company, Anheuser-Busch, as controversy continues to embroil the brand. Bud Light pours at bars and restaurants declined in early April, according BeerBoard, which tracks sales data at thousands of bars and restaurants. BeerBoard told CNN that the 3,000 locations tracked by the firm poured 6% less Bud Light than rivals, including Miller Lite and Coors Light, from April 2 to April 15. Bud Light had been much more popular than rivals in the weeks before: From March 18 through April 1, customers ordered Bud Light 15% more than rival light beers. Heinerscheid said in a recent podcast interview that Bud Light needs to attract young drinkers to ensure the company’s future by promoting inclusivity.

☆ A 13-year-old boy was groomed publicly on Twitter and kidnapped, despite numerous chances to stop it
▼ + stars: | 2023-04-25 | by ( Ben Goggin | ) www.cnbc.com time to read: +19 min

On the Hunter Fox Twitter account, the adult interacted directly with the boy's account, where he posted selfies of himself on a school bus and in other locations. Their teen son had plenty of friends, his parents said, and liked to play golf and build Legos. Heather McConney's teen son communicated with the man accused of grooming him through an Apple iPhone. The suspect's primary Twitter account appears to have been @HunterFloofyFox. After the worst day of their lives, the McConneys' son was recovered early on the morning of Dec. 28 in Nebraska.

☆ BofA's Hartnett sees commercial real estate as the 'next shoe to drop'
▼ + stars: | 2023-03-24 | by ( Jeff Cox | ) www.cnbc.com time to read: +1 min

Commercial real estate could be the next danger spot in the wobbly U.S. financial sector, according to Bank of America. One warning sign: Spreads for commercial mortgage-backed securities are at their widest compared with Treasurys since May 2020, said investment strategist Michael Hartnett. "CRE widely seen as next shoe to drop as lending standards for CRE loans to tighten further," Hartnett wrote in his weekly "Flow Show" report of where market money is gravitating. The last Federal Reserve Senior Loan Office Opinion Survey , in January, noted "significant net shares of banks" that reported tightening lending standards for commercial loans. The Bank Term Funding Program reported $53.7 billion in loans over the past month , while the discount window saw $110.2 billion.

☆ Tech stocks emerge as haven in sell-off fueled by bank worries
▼ + stars: | 2023-03-15 | by ( Lewis Krauskopf | ) www.reuters.com time to read: +2 min

Among the big tech stocks, Apple Inc (AAPL.O) has fallen 1.5% over that time, while Microsoft Corp (MSFT.O) climbed 3.4% and Intel Corp (INTC.O) rose over 7%. Large tech stocks generally screen well on "quality" metrics, such as balance sheet strength and profit margins, heightening their allure when economic uncertainty arises, said Matthew Miskin, co-chief investment strategist at John Hancock Investment Management. Reuters GraphicsA swift tumble in Treasury yields is also helping boost tech stocks. Tech shares were pummeled in 2022 as the Federal Reserve's aggressive rate hikes drove up Treasury yields, hurting "long duration" assets such as tech stocks. The utilities sector (.SPLRCU) has climbed 1% since last Wednesday, consumer staples (.SPLRCS) has slipped 0.5%, while healthcare (.SPXHC) has dipped 1%.

Search resuls for: "gravitating"

25 mentions found