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☆ Stocks with high dividend growth and free cash flow perform best whatever the weather, Wolfe says
▼ + stars: | 2024-03-06 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

Stocks that offer high dividend growth and high free cash flow perform best no matter the economic weather, according to Wolfe Research. Here are a few stocks that fit the bill, according to Senyek: Online marketplace eBay was one of several stocks that Wolfe singled out. With its 4% yield, CVS is also a good buy for investors focusing on a high-dividend growth, high free cash flow strategy, Wolfe said. Following CVS' earnings release, investment bank Leerink initiated research coverage of the stock with an outperform rating , citing its cash potential. Other stocks Wolfe included on its list were Constellation Energy , Humana and Archer-Daniels-Midland .

Persons: Chris Senyek, Wolfe, UnitedHealth, Andrew Mok, Tom Cowhey, — CNBC's Michael Bloom Organizations: Wolfe Research, eBay, Barclays, Medicare, CVS, Constellation Energy, Humana, Archer, Daniels, Midland

The Dells contributed nearly $976 million to their charitable funds, which distribute gifts to a wide array of charities. Together, the 50 donors on the list contributed a total of $11.9 billion to charity in 2023. Only 23 of the richest Americans on the Forbes 400 list donated enough to appear on the Philanthropy rankings. 13 on the list, they contributed $210 million to the Institute for Protein Innovation, which shares its data with scientists for free. _____Maria Di Mento is a senior reporter and Jim Rendon is a senior writer at the Chronicle of Philanthropy, where you can read the full article.

Persons: Michael Bloomberg, Phil Knight, Penny, Michael Dell, Susan, Bill Gates, Melinda French Gates, Bernie Marcus, Ken Langone, Arthur Blank, “, ”, Renee Kaplan, — Franklin Antonio, Hugh Hoffman, —, Tim Springer, Chafen Lu, Diego’s Jay Kahn, Lauder, Sergey Brin’s, Michael J, Robert Kraft, Lucia Woods, David, Kathleen LaCross, Pierre Omidyar, Pam, They’re, John, Laura Arnold, Laura, ” Laura Arnold, Wendy Schmidt, Eric Schmidt, “ Younger, Kaplan, Jeff Sobrato, _____ Maria Di Mento, Jim Rendon, Kay Dervishi Organizations: New, New York City, Nike, Bloomberg, Knights, University of Oregon, Dells, Forbes, Forward, Qualcomm, Summer Science, SETI Institute, ALS Association , University of Cincinnati Foundation, Cincinnati Zoo, Botanical, Nature Center, Yale University, Institute for Protein Innovation, Price Club, Apple, San Diego Foundation, Discovery Foundation, Google, Fox Foundation, Parkinson’s Research, New England Patriots, Foundation, Combat, Ms, Foundation for Women, Chicago Foundation for Women, University of Virginia Darden School of Business, eBay, District of Columbia, Associated Press, Philanthropy Locations: New York, Portland , Oregon, Ohio, Moderna, California, Florida, Texas, Virginia, Washington, Hawaii, Massachusetts

☆ Clothes That Make You Feel Smart
▼ + stars: | 2024-03-04 | by ( Vanessa Friedman | ) www.nytimes.com time to read: +1 min

Before the Balenciaga show, Demna, the mononymic creative director of the brand, went shopping. Specifically, he bought 800 different objects on eBay, which he haunts for the porcelain figurines, lace napkins and antique fabrics he collects. But he didn’t buy the 800 pieces for himself: He bought one for each guest at his show. The point was to consider the hours and attention required to handpick that many different objects for that many people, and how it was an investment of a different kind: Which was the greater luxury? To clothes that don’t demand too much.

Organizations: eBay, Vogue

☆ Tony’s Booth From ‘Sopranos’ Finale Sets Off Online Bidding War
▼ + stars: | 2024-03-04 | by ( Remy Tumin | ) www.nytimes.com time to read: +1 min

Tony Soprano puts a quarter into the jukebox to play “Don’t Stop Believin’” and orders onion rings for the table. A bell chimes every time a customer arrives, deepening Tony’s anxiety: Will the next person to walk through the door kill him? What happens next has kept fans guessing since the final scene of “The Sopranos” abruptly cut to black in 2007. It has also kept a few of them energized enough to bid tens of thousands of dollars to own the diner booth where the much-dissected sequence was shot. Holsten’s in Bloomfield, N.J., which is preparing for a renovation, put the burgundy booth and yellow Formica tabletop up for auction on eBay on Feb. 28.

Persons: Tony Soprano, ”, Chris Carley Organizations: eBay Locations: Bloomfield , N.J

But the de minimis rule also has powerful defenders. China's exports grew only 0.6% last year, but the bright spot was cross-border e-commerce, which includes but is not limited to the de minimis packages. In a January meeting with Mayorkas, the National Council of Textile Organizations complained about unfair trade practices, including the de minimis rule. It is unclear how much fentanyl and other illicit drugs may be slipping undetected into the country in the small packages. On a recent Friday morning at Chicago's O'Hare airport, small parcels that had arrived by mail from overseas were on conveyor belts going through X-ray machines for inspection.

Persons: Lindsey Puls, Puls, ”, Alexander Mayorkas, Earl Blumenauer of, ” Blumenauer, Sen, John Thune, LaFonda Sutton, Burke, Charles Benoit, Benoit, Mayorkas, Videojournalist Melissa Perez Winder, Haleluya Hadero Organizations: WASHINGTON, Will, Homeland, National Foreign Trade Council, FedEx, UPS, DHL, eBay, South Dakota Republican, Customs, Custom, China’s Communist Party, Coalition for, Prosperous, National Council of Textile Organizations, National Association of Police, Border Protection, Investments Locations: China, U.S, Shiocton , Wisconsin, Earl Blumenauer of Oregon, Shein, Singapore, Chicago, United States, Prosperous America, Chicago's, New York

☆ This fund beat the S&P 500 without holding any Magnificent 7 stocks. Here's what they're buying right now
▼ + stars: | 2024-02-29 | by ( Ganesh Rao | ) www.cnbc.com time to read: +5 min

Picking great stocks and avoiding disastrous investments enabled the Ranmore Global Equity Fund to beat the S & P 500 over the past two years, according to its fund manager. The fund, run by portfolio manager Sean Peche, returned 31% in 2023 compared to 24% for the S & P 500 . The Ranmore fund also outperformed its benchmark with 1.8% total returns in 2022 when the S & P 500 and broader indexes nearly fell into a bear market. The fund manager says they take a probability-based approach with many small positions rather than a few big bets. However, according to the fund manager, the market appears to be undervaluing its cash and securities.

Persons: Sean Peche, Peche, Andrew, there's, Where's, Ranmore, it's Organizations: Ranmore Global Equity Fund, Microsoft, Meta, Petrobras, Japan's Nippon TV, GSK, eBay, of, Bank of America, UBS, Carrefour, ABN AMRO, Nippon Locations: Wall, of London, Europe, Ukraine, U.S, Japan, Holland, Netherlands

☆ A working mother built a $1.3 billion startup inspired by unreliable school buses: It was ‘an aha moment’
▼ + stars: | 2024-02-29 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +5 min

Sometimes, the school bus arrived on time to pick up Ritu Narayan's children. Narayan's solution: She left her job to create Zum, an AI-backed electric school bus service that launched in 2015. It started as something of a self-funded Uber, chauffeuring kids to school with a fleet of vetted private drivers. Instead, the schools offered to enlist Zum as a privatized school bus fleet, with electric vehicles and tracking abilities. Narayan faced a turning point: Stick with her original vision, inspired by her mother, with its clear market and high demand?

Persons: Narayan, —, I'm Organizations: CNBC, eBay, Oracle, Area, Oakland Unified School District Locations: India, California, Washington , Texas , Illinois , Tennessee, Maryland, Silicon Valley

☆ Stocks making the biggest moves midday: Bumble, Beyond Meat, eBay, Urban Outfitters and more
▼ + stars: | 2024-02-28 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +5 min

Beyond Meat reported fourth-quarter revenue of $73.7 million, versus the $66.7 million consensus estimate, per LSEG, formerly known as Refinitiv. First Solar — Shares added more than 3% after the solar panel manufacturer reported a fourth-quarter earnings beat . Urban Outfitters — The clothing retailer plunged 15% after missing estimates for its fourth-quarter earnings and revenue. Axon Enterprise — The weapons manufacturer popped 14% after reporting a fourth-quarter earnings beat. Novavax — The vaccine maker slid 27% after Novavax missed Wall Street's estimates for its fourth-quarter revenue and earnings .

Persons: Bumble —, Bumble, FactSet, Lemonade, Viatris, LSEG, —, Novavax, Axel Springer, Schibsted, — CNBC's Brian Evans, Michelle Fox, Alexander Harring, Pia Singh, Samantha Subin Organizations: Advance, FactSet, eBay, Baidu, U.S . Securities, Exchange Commission, Attorney's, District of Massachusetts, Materials, Urban Outfitters, Boeing —, Federal Aviation Administration, Boeing, Alaska Airlines, Street, Justice Department Locations: U.S, China

☆ Three Stock Lunch: United Health, Ebay and Beyond Meat
▼ + stars: | 2024-02-28 | 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 EmailThree Stock Lunch: United Health, Ebay and Beyond MeatEva Ados, ERShares CIO, joins 'Power Lunch' to discuss Ados' investing take on three stocks: United Health, Ebay and Beyond Meat.

Persons: Eva Ados Organizations: Health, Ebay, ERShares, United Health

☆ A tech modder is selling a DIY kit to upgrade your AirPods Max with a feature expected in Apple's next-gen version
▼ + stars: | 2024-02-28 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

A self-proclaimed hardware hacker modded his AirPods Max to have a USB-C charging port. It's rumored that Apple's next generation of the headphones will ditch the Lightning port for USB-C. AdvertisementOne engineer is giving AirPods Max owners one less reason to upgrade to the new model that Apple is expected to eventually announce — if they're the DIY type. But Pillonel wasn't willing to wait, dubbing his modified headphones the "World's First USB-C AirPods Max" in his video description. While it then added the port to many of its devices, including iPads and accessories, the MacBook has used a USB-C port for years.

Persons: Max, —, Ken Pillonel, iPhones —, Pillonel wasn't, That's, that's, Pillonel Organizations: Service, YouTube, Apple, Bloomberg, eBay

☆ Stocks making biggest premarket moves: BYND, BMBL, AAP, BIDU and more
▼ + stars: | 2024-02-28 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

Check out the companies making the biggest moves in premarket trading: Beyond Meat — Shares soared 59% one day after the plant-based meat company topped fourth-quarter revenue estimates and said it would "steeply reduce" costs this year. EBay — The online marketplace advanced 5% one day it beat fourth-quarter earnings and revenue estimates . In addition, Ebay announced a dividend increase and authorized another $2 billion share buyback. Full-year revenue guidance of $505 million to $510 million was below the $520.9 million consensus estimate. Urban Outfitters — Shares tumbled nearly 10% one day after the clothing retailer's fourth quarter earnings and revenue missed estimates.

Persons: LSEG ., —, Bumble, FactSet ., EBITDA, FactSet's StreetAccount, LSEG, FactSet, TJ, TJX, Sarah Min, Lisa Han, Jesse Pound, Pia Singh, Samantha Subin Organizations: Revenue, Advance, AAP, FactSet, EBay, Ebay, Baidu, SEC, Materials, pharma, Wall, TJX, Marshalls Locations: China, FactSet

☆ Stocks making the biggest moves after hours: Beyond Meat, Agilent, Axon Technologies and more
▼ + stars: | 2024-02-27 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Beyond Meat — Shares skyrocketed more than 78% after the plant-based meat company beat revenue estimates in the fourth quarter. Beyond Meat reported revenue of $73.7 million, while analysts polled by LSEG, formerly known as Refinitiv forecast $66.7 million. Agilent Technologies — Shares surged 5% after Agilent posted adjusted earnings and revenue that beat Wall Street's estimates in the fiscal first quarter. Axon Enterprise — The weapons and technology stock ticked up nearly 6% after Axon issued full-year revenue guidance that exceeded expectations at the high end. Axon forecasts revenue of $1.88 billion to $1.94 billion, while analysts polled by FactSet expected $1.88 billion.

Persons: Agilent, FactSet, Sam Adams, Boston Beer, LSEG Organizations: LSEG, eBay, Wall, Urban, Boston Beer Company, Boston Locations: FactSet

☆ Final Trades: Zoom Video, Estee Lauder, Ulta Beauty and Ebay
▼ + stars: | 2024-02-27 | 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 EmailFinal Trades: Zoom Video, Estee Lauder, Ulta Beauty and EbayToday’s ‘Halftime Report’ Investment Committee, Stephanie Link, Jason Snipe, Josh Brown and Rob Sechan give their top picks to watch for the second half.

Persons: Estee Lauder, Ebay Today’s, Stephanie Link, Jason Snipe, Josh Brown, Rob Sechan Organizations: Ebay, Investment

☆ Stock futures are little changed Tuesday night as investors await fresh inflation data: Live updates
▼ + stars: | 2024-02-27 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Futures tied to the Dow Jones Industrial Average slipped 41 points, or 0.1%. S&P 500 futures pulled back 0.04%, while Nasdaq 100 futures slid 0.08%. In Tuesday's regular session, the S&P 500 and the Nasdaq Composite ended the day with small gains, up 0.17% and 0.37%, respectively. The S&P 500 and the Dow are off the highs they just notched late last week, but investors may want to think twice before they aggressively ramp up on equities. On Wednesday, investors will look to earnings results from retailer The TJX Cos. and pharmaceutical name Viatris in the morning.

Persons: Dow, Drew Pettit, hasn't, Cos, Salesforce Organizations: New York Stock Exchange, Stock, Dow Jones, Nasdaq, eBay, Urban Outfitters, Citi

☆ Citi is betting big on high-profile executives to turn things around
▼ + stars: | 2024-02-27 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

In today's big story, we're looking at the reshuffling of top executives at two of the biggest US banks . Viswas Raghavan, JPMorgan's top dealmaker, has joined Citi as its head of banking and executive vice chair, reporting directly to CEO Jane Fraser. The move is a big deal, but even more shocking since Raghavan was just promoted to be the sole head of JPMorgan's deals business. Since high interest rates aren't stopping stocks from reaching record highs, cuts might not come at all this year , according to analyst Jim Bianco. Market vet Ed Yardeni said interest rates are actually in a sweet spot for stocks, similar to the late '90s.

Persons: Viswas Raghavan, Jane Fraser, Raghavan, Filippo Gori, Doug Petno, Insider's Reed Alexander, Patrick T, Fallon, Fraser, Merrill Lynch, Andy Sieg, Warren Buffett, Warren, Berkshire Hathaway's, Jim Bianco, Ed Yardeni, Gemini, Demis Hassabis, Long, Alyssa Powell, they've, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock Organizations: Citi, JPMorgan, Warren, Warren Buffett REUTERS, Chip, Berkshire, Buffett, Research, Wall, BI, Google, eBay Locations: Bronx, Gori, Rivian, New York, London

☆ Americans have racked up a trillion dollars in credit card debt. That’s actually okay
▼ + stars: | 2024-02-25 | by ( Bryan Mena | ) edition.cnn.com time to read: +8 min

Washington, DC CNN —Americans racked up a record amount of credit card debt in 2023, soaring past a trillion dollars. “Consumers still have a lot of money left over to be able to spend, so the credit card data is often misinterpreted,” Russell Price, chief economist at Ameriprise Financial, told CNN. According to a LendingTree analysis of more than 350,000 credit reports, the average unpaid credit card balance was $6,864 in the fourth quarter. Overall, US household debt (including credit card balances) rose to a new high of $17.5 trillion in the fourth quarter, up 1.2% from the prior three-month period. So, while there certainly isn’t a shortage of economic hurdles bedeviling people’s budget — and credit card debt has surged — the big picture indicates that, so far, Americans (and their economy) remain healthy.

Persons: ” Russell Price, Price, haven’t, market’s, ” Gregory Daco, ” Lara Rhame, Laura, Jensen Huang, Christine Lagarde, Virgin, Michael Barr, Raphael Bostic, Susan Collins, John Williams, Papa, Austan Goolsbee, Loretta Mester, fuboTV, Christopher Waller, Mary Daly, Adriana Kugler Organizations: CNN Business, Bell, DC CNN, Workers, New York Fed, Consumers, Ameriprise, CNN, Federal Reserve Bank of New, . New York Fed, Employers, Soaring, FS Investments, Nvidia, Huawei, AMD, Microsoft, Broadcom, US Commerce Department, Central Bank, eBay, Smucker, Urban Outfitters, Global, Board, TJX, Monster Beverage, Baidu, HP, Paramount Global, Anheuser, Busch Inbev, Dell Technologies, Papa John’s, US Labor Department, National Association of Realtors, P, China’s National Bureau, Statistics, Pearson, P Global, Institute for Supply Management, University of Michigan Locations: Washington, Federal Reserve Bank of New York, ., EY, Santa Clara, Singapore, Shenzhen, China, Beijing, CAVA

☆ Fed's favorite inflation gauge looms next week — plus, what we want from 2 portfolio earnings reports
▼ + stars: | 2024-02-24 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

Wall Street returned to its winning ways this week — and Nvidia 's blowout earnings report Wednesday night was a big reason why. Twenty-six of our 32 portfolio stocks have delivered their results this earnings season (we didn't own Abbott Labs at the time of its report). It was a muted week for macroeconomic data, but we did get a slightly better-than-expected January existing home sales report on Thursday. In the week ahead, two more Club names are set to report earnings before a market-moving economic update arrives Thursday morning. The two other reports of note are the January new home sales report on Monday and ISM Manufacturing report on Friday.

Persons: Dow, we'll, bode, We're, Li Auto, Krystal, Arcutis, MARA, Iovance, Goldman Sachs BDC, CRON, BUD, Papa, LEV, Ginkgo, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Nvidia, Nasdaq, Dow Jones, Dow, Palo Alto Networks, Bausch Health, Coterra Energy, Abbott, Companies, TJX, Marshalls, TJX Companies, Berkshire Hathaway, Krystal Biotech, Alpha Metallurgical Resources , Inc, Fidelity National Information Services Inc, Animal Health, ELAN, Public Service Enterprise Group, Surgery Partners, BioCryst Pharmaceuticals Inc, Outdoor Holdings, Enlight Renewable Energy Ltd, Kosmos Energy, Playtika, Video Communications, TiRobot Corp, IRB, SBAC Communications Corporation, HEICO Corporation, FS KKR, Archer Aviation Inc, TransMedics, Sterling Construction Company, AES, Cruise Line Holdings, Lowe's Companies, American Electric Power Company, Bank of Nova, APLS Pharmaceuticals, Bank of Montreal, BMO, Devon Energy, Solar Inc, Technologies, Lab, Virgin Galactic Holdings, Splunk Inc, eBay, EBAY, Luminar Technologies, Agilent Technologies, G Foods, Masimo Corp, Baidu, Parts Inc, Icahn Enterprises, Viatris Inc, ACM Research, Golden Ocean Group, EMCOR, Industries, NRG Energy, Dycom, Editas, UWM Holdings Corporation, Vistra Energy, Marathon Digital Holdings, AMC Entertainment Holdings, Paramount Global, IonQ Inc, International, HP, Monster Beverage Corporation, Cronos, Birkenstock Holding, Anheuser, Busch InBev, Body, Brink's Company, Flags Inc, Papa John's, ACI, Hormel, Lion Electric Company, BlackRock TCP, Dole plc, DOLE, Fisker Inc, Dell Technologies, Ginkgo Bioworks Holdings, Autodesk, Green Brick Partners, Hewlett Packard Enterprise, Veeva Systems, INTTEST Corporation, Jim Cramer's Charitable, CNBC, New York Stock Exchange, Getty Locations: New York City, U.S, Salesforce, Maxx, Bank of Nova Scotia, BlackRock, Cayman

☆ Wall Street will try to maintain AI-fueled momentum in the final week of February, as inflation concerns linger
▼ + stars: | 2024-02-23 | by ( Sarah Min | ) www.cnbc.com time to read: +8 min

In the final week of February, Wall Street will strive to maintain its AI-fueled rally even as economic concerns linger and the Federal Reserve's favorite inflation measure is on deck. But many worry the writing is on the wall for these market leaders as economic and inflation risks linger. The 'lone cloud' of inflation The Fed's preferred inflation gauge will also be released in the week ahead. Investors are concerned that sticky inflation will mean that the Fed will hold onto its higher-for-longer interest rate policy. Next week will also be the final week of February, with stocks headed for another strong month of gains.

Persons: Goldman Sachs, Patrick McDonough, Europe's, PGIM's McDonough, McDonough, Charlie Ashley, Dhaval Joshi, Joshi, Ashley, John Williams, TJX Cos Organizations: Dow Jones Industrial, Nasdaq, Nvidia, Japan's Nikkei, Catalyst Funds, BCA Research, CPI, PPI, Dow, New, Dallas Fed, Fidelity National Information Services, Richmond Fed, eBay, Enterprise, Cruise Line Holdings, New York Federal Reserve Bank, York, Monster Beverage, Paramount Global, PCE Deflator, Chicago PMI, . Kansas City Fed Manufacturing, Hewlett Packard Enterprise, Autodesk, Body, Hormel, PMI, Manufacturing Locations: U.S, Lowe's, Chicago, . Kansas, Michigan

☆ 22-year-old found a 'holy grail' 'Zelda' game at home and it might sell for over $700,000—'It's really kind of a miracle'
▼ + stars: | 2024-02-22 | by ( Nicolas Vega | ) www.cnbc.com time to read: +1 min

Kiro was no stranger to selling stuff online: he had made a few hundred bucks selling things like sneakers and Barbie dolls on eBay. But when he researched his "Zelda" game, he figured he'd be able to make a bit more than that. "I looked at price history and thought 'Oh, maybe at most I'll get like $17,000 or $20,000 if I'm lucky,'" he says. He put up the listing one night this past October and set the Buy It Now price at $17,000. Within minutes, his game had sold.

Persons: Zelda, Kiro, Barbie Organizations: CNBC, eBay Locations: California

☆ 23-year-old's dorm room side hustle brings in $124,000 a year: 'You can start with as little as $5'
▼ + stars: | 2024-02-22 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +5 min

After making $200 off her own used clothes, she turned to some of her favorite places to shop: thrift stores. Much of her business' growth came from her dorm room at Duke University, where she graduated last year with a degree in psychology. I had maybe 200 or so items in my dorm room my sophomore year, and now I have 1,300 items [in a storage unit]." How much cash do you need to start a thrifting side hustle? [In terms of the thrifting], you can start with as little as $5.

Persons: they've, Sophie Riegel didn't, I've, Riegel, she's, She's, —, you've, You've Organizations: CNBC, eBay, Duke University, YouTube Locations: AskMakeIt@cnbc.com

☆ 23-year-old was 'so bored' at home—she started a side hustle that brings in $10,300 a month: 'It doesn't feel like work to me'
▼ + stars: | 2024-02-22 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +2 min

Sophie Riegel turned her boredom into a six-figure side hustle. Riegel was a Duke University freshman in 2020, when Covid-19 turned her first year of college into a remote experience. Within weeks, she was selling roughly $50 per day of thrifted clothing, mostly buying T-shirts for $1 apiece and selling them for up to $10. The total figure is slightly higher, she says, due to in-person sales and other revenue for which she doesn't have documentation. Now, Riegel sells around 10 items per day, averaging between $400 and $500 in revenue daily.

Persons: Sophie Riegel, Riegel, I've Organizations: Duke University, Chapel, Duke, eBay, CNBC Locations: Durham, Chapel Hill , North Carolina

☆ Reddit files to list IPO on NYSE under the ticker RDDT
▼ + stars: | 2024-02-22 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +6 min

Social media company Reddit filed its IPO prospectus with the Securities and Exchange Commission on Thursday after a yearslong run-up. The company plans to trade on the New York Stock Exchange under the ticker symbol "RDDT." The social networking company's core business is reliant on online advertising sales stemming from its website and mobile app. Reddit said the current addressable advertising market is $1.0 trillion, sans China and Russia. Reddit said that its non-employed moderators, known as Redditors, can participate in the company's IPO offering through its "directed share program."

Persons: Reddit, Pinterest, Alexis Ohanian, Steve Huffman, It's, DAUq, Condé Nast Organizations: Securities and Exchange Commission, New York Stock Exchange, P Global Market Intelligence, Google, eBay, . Publishing, Condé Locations: U.S, Reddit's U.S, China, Russia, Ukraine

☆ A risky options trade to navigate Nvidia's highly anticipated earnings report
▼ + stars: | 2024-02-20 | by ( Michael Khouw | ) www.cnbc.com time to read: +4 min

I would argue that, as goes Nvidia, so goes the stock market. As far as the options market is concerned, it's a pretty big coin. We are short shorter-dated options and long longer-dated options, seeking to find a way to sell high options premiums. In our case, the trade looks something like this: You can see, this isn't a cheap trade. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: —, Carter Braxton Worth, It's Organizations: Nvidia, eBay, CNBC, ~$ Locations: trillions

☆ These are the best—and worst—U.S. metro areas for first-time homebuyers
▼ + stars: | 2024-02-19 | by ( Celia Fernandez | ) www.cnbc.com time to read: +4 min

Creditnews ranked the10 best and 10 worst U.S. metro areas for first-time homebuyers in 2024. Creditnews Research analyzed America's 50 largest metro areas to find the best and worst housing markets for first-time buyers. The best metro area for first-time buyers: PittsburghPittsburgh is the No. 2 best metro area for first-time buyers, according to Creditnews. 10 worst metro areas for first-time homebuyers: San JoseThe San Jose-Sunnyvale-Santa Clara metro area was ranked the worst for first-time buyers in 2024.

Persons: Creditnews, Motley, Sir Francis Canker, Austin, Martin Vargas, Jose Organizations: Pittsburgh Pittsburgh, Hoover, AL Jacksonville, FL New, Fort, West Palm Beach , FL Dallas, Austin, U.S . Austin, , Texas, Fortune, Jose, eBay, PayPal, Jose , CA San, San Bernardino -, CA San, Hillsboro , WA Salt Lake, UT, San Diego Locations: U.S, Pittsburgh, Pennsylvania, Austin, , TX, Antonio, New Braunfels , TX Birmingham, AL, FL, FL New Orleans, Metairie , LA Miami, Fort Lauderdale, West Palm Beach ,, Fort Worth - Arlington , TX Cleveland, Elyria ,, Raleigh, NC, The Texas, ,, Texas, San Jose, Sunnyvale, Santa Clara, San Francisco, Silicon Valley, Jose , CA, Jose , CA San Diego, Carlsbad, CA Los Angeles, Long, Anaheim , CA Denver, Aurora, Lakewood, Riverside, San Bernardino, San Bernardino - Ontario, CA, CA San Francisco, Oakland, Hayward , CA, Warwick , RI Sacramento, Roseville, Arden, CA Portland, Vancouver, Hillsboro , WA Salt, Hillsboro , WA Salt Lake City, San Diego, Carlsbad , California, Los Angeles, San Diego , California

☆ I'm a tech worker who got laid off twice in a year. I've made good money — but I'm paranoid it will happen again.
▼ + stars: | 2024-02-16 | by ( Charissa Cheong | ) www.businessinsider.com time to read: +7 min

AdvertisementThis as-told-to essay is based on a transcribed conversation with Amber Smith, a 27-year-old from Des Moines, Iowa, about getting laid off from two tech job in her 20s. I’ve been laid off in the tech industry twice. I've learned a lot, gained a lot of experience, and made some good money , but I don’t know if I would work in tech forever. Smith started working for a company that did lighting for smart buildings in June 2021. I tried to create a ticket with the tech team but that didn’t work either.

Persons: Amber Smith, she's, —, I’ve, I've, Smith, I’d, Slack, I’m Organizations: Service, eBay, LinkedIn Locations: Des Moines , Iowa, Europe

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