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☆ Two trades to generate some income from outperforming retailers Walmart and Amazon
▼ + stars: | 2024-05-17 | by ( Michael Khouw | ) www.cnbc.com time to read: +4 min

As we think about the multiple premium afforded to online retailers such as Amazon, Walmart's global eCommerce sales rose 21%. Walmart shares, at 26 times earnings, are value-priced relative to Costco's 46 times earnings. Amazon trade Amazon (AMZN) is growing topline considerably faster. Amazon revenues overtook Costco in 2016, and 2025 could be the first year that Amazon revenues exceed Walmart's. If growth is what you're after buy Amazon.

Persons: eCommerce Organizations: Walmart, Costco, Sam's

☆ Latest shipping data reveals that mid-range retail is the new consumer price sweet spot
▼ + stars: | 2024-05-17 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +6 min

Almost 80% of current freight orders received for peak season are for mid-range price items, the survey shows. Similar to last year, respondents expect less consumer appetite for luxury and aspirational luxury items imported. The world's second-largest ocean freight company, Maersk, recently told CNBC it expected a "normal" peak season. "There's nothing that indicates that it would be a slower peak season or a bigger peak season," said Charles Van der Steene, president of Maersk North America, in a recent interview with CNBC. "We believe in normalized peak season.

Persons: Eric Thayer, Robinson, Kuehne, Nagel, Noah Hoffman, Hoffman, hypersensitive, Charles Van der Steene, We've, John David Rainey, Rainey, Larry, Jon Gold, Nate Herman, Biden Organizations: US, Bureau, Bloomberg, Getty, CNBC, Chain Survey, National Retail Federation, American Apparel and Footwear Association, United National Consumer Suppliers, ITS Logistics, DHL, Uber Technologies, C.H, Maersk, Walmart, Uber, International Longshoremen's Association, ILA, United States Maritime Alliance, Brands Locations: of Los Angeles, Los Angeles , California, U.S, Panama, Maersk North America, East Coast, Gulf, East, North America, West, Coast

☆ Why Jim Cramer says Costco is the 'stock to buy off of' Walmart's big quarterly beat
▼ + stars: | 2024-05-16 | by ( Morgan Chittum | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. "I continue to think Costco is the stock to buy off of Walmart," Jim said Thursday. 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, Dow, Morgan Stanley, Jim, Jim Cramer's Organizations: CNBC, Nasdaq, Palo Alto Networks, Honeywell, General, GE Healthcare, Costco, Walmart, Dow Locations: U.S

We'll show you everything you need to know about how to watch the Indiana Fever vs. New York Liberty live stream. She played her first official WNBA game on Tuesday, which saw the Indiana Fever lose to the Connecticut Sun 71-92. 1 draft pick in 2016, when the Indiana Fever and New York Liberty compete on Thursday. Keep reading to learn how to watch the Indiana Fever vs. New York Liberty game. ET / 12 a.m. GMT / 7 a.m. AWSTHow to watch Indiana Fever vs. New York Liberty in the USThe Indiana Fever vs. New York Liberty game will live stream on Prime Video on Thursday, May 16 at 7 p.m.

Persons: Caitlin Clark, Breanna Stewart, Clark, Stewart, we've, ExpressVPN, it's Organizations: Business, Indiana Fever's, Indiana Fever, New York Liberty, Iowa, Indiana, Connecticut Sun, WNBA, Seattle Storm, Amazon, Amazon Prime Locations: Connecticut

☆ Walmart's earnings report gave shareholders exactly what they hoped for, says UBS' Michael Lasser
▼ + stars: | 2024-05-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWalmart's earnings report gave shareholders exactly what they hoped for, says UBS' Michael LasserMichael Lasser, UBS retail analyst, joins 'Squawk on the Street' to discuss what markets are keying in on with Walmart's quarterly earnings results, if the company can reach its growth target, and more.

Persons: Michael Lasser Michael Lasser Organizations: UBS

☆ Gina Rinehart, a mining magnate worth $22 billion, wants her portrait removed from an Australian gallery
▼ + stars: | 2024-05-16 | by ( George Glover | Mia Jankowicz | ) www.businessinsider.com time to read: +1 min

Australia's richest woman has demanded an unflattering painting of her be taken down. The portrait, by Vincent Namatjira, shows mining magnate Gina Rinehart with a double chin. The National Gallery of Australia and Namatjira have both rejected Rinehart's request. AdvertisementAustralia's richest woman wants a portrait of her taken down from the country's national gallery, outlets including the Sydney Morning Herald reported. Both mining magnate Gina Rinehart and associates at her company, Hancock Prospecting, have made multiple approaches to the gallery with the demand, the newspaper reported.

Persons: Vincent Namatjira, Gina Rinehart, — Organizations: of Australia, Service, Sydney Morning Herald, Nations, National Gallery of Australia, Business

☆ Walmart's e-commerce business begins to threaten Amazon's supremacy
▼ + stars: | 2024-05-16 | 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 EmailWalmart's e-commerce business begins to threaten Amazon's supremacyCNBC's Deirdre Bosa reports on information from Walmart and Amazon.

Persons: Deirdre Bosa Organizations: Walmart, Amazon

☆ Walmart says more diners are buying its groceries as fast food gets pricey
▼ + stars: | 2024-05-16 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +3 min

Walmart wants diners to find a value meal in its grocery aisles. As fast food gets pricier, the nation's largest grocer sees a sales opportunity. As customers see some grocery items stay the same price or even become cheaper, the gap between buying menu items and cooking food at home has grown even wider, he said. As of April, the price of food at home, a category that measures the total cost of food purchased at grocers or other food stores, was up 1.1% year over year. The price of food away from home rose significantly more: 4.1% year over year.

Persons: John David Rainey, McDonald's, Chris Kempczinski, John Furner, Furner, — CNBC's Amelia Lucas Organizations: Walmart, CNBC, Yum Brands, Management Solutions, Restaurant, U.S . Labor Department, Walmart U.S Locations: U.S, Connecticut

☆ Walmart will have trouble keeping affluent consumers, fmr. Walmart U.S. CEO Bill Simon predicts
▼ + stars: | 2024-05-16 | 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 EmailWalmart will have trouble keeping affluent consumers, fmr. Walmart U.S. CEO Bill Simon predictsBill Simon, Former Walmart U.S. CEO, joins 'Fast Money' to talk economic trouble that may be lurking behind Walmart's positive numbers.

Persons: Bill Simon Organizations: Walmart, Walmart U.S

☆ Hackers really, really like trying to take over your food delivery apps
▼ + stars: | 2024-05-14 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Read previewYour DoorDash or other food delivery apps are a prime target for hackers. One reason: food delivery apps use two-factor authentication — like those codes texted to you before you can log in — less often than other kinds, Sift found. Just 3.5% of log-ins on food delivery apps asked for that kind of verification, making it easier for hackers to get in. Related storiesHackers also target food delivery accounts since many customers only use them periodically — meaning they're less likely to notice if someone takes control. AdvertisementDo you work for DoorDash, Instacart, Uber Eats, or another gig delivery service and have a story idea to share?

Persons: —, Brittany Allen, Allen, fraudsters, Uber Organizations: Service, Business, Facebook, Walmart Locations: cryptocurrency

☆ Walmart is axing hundreds of corporate jobs and bringing remote employees into the office
▼ + stars: | 2024-05-14 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +1 min

Walmart is cutting corporate jobs and asking remote workers to relocate to central hubs: WSJThe retail giant is reducing its site presence, further to closing multiple stores this year. The move is part of a trend called "quiet firing," a method to motivate employees to quit. 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 . AdvertisementWalmart is cutting hundreds of corporate jobs, asking remote employees to move to offices, and relocating workers in smaller sites, The Wall Street Journal reported Monday.

Persons: — Organizations: Walmart, Service, Street, Business Locations: Dallas , Atlanta, Toronto, Arkansas , New Jersey, Southern California

☆ Walmart is laying off, relocating hundreds of corporate workers across the country. Read the memo
▼ + stars: | 2024-05-14 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +4 min

Walmart is laying off hundreds of corporate workers across the country as it relocates many employees to its Arkansas headquarters. The majority of employees working remotely and in offices in Dallas, Atlanta and Toronto have been asked to relocate. Walmart is the nation's largest private employer with about 1.6 million employees, most of whom work at its stores across the country. Walmart has another reason to bring more employees to Bentonville: It is building a nearly 350-acre campus there. In February 2022, we made the decision to bring Home Office associates back into our campus offices.

Persons: Donna Morris Organizations: Walmart, Walmart Health, Street Journal, Home Office, Toronto Global Tech, Office Locations: Arkansas, Bentonville , Arkansas, Dallas , Atlanta, Toronto, San Francisco Bay, Hoboken , New Jersey, Arkansas , Florida, Georgia , Illinois, Texas, Bentonville, Morris, Hoboken, New York

☆ Walmart to reportedly lay off hundreds of corporate staff and relocate others
▼ + stars: | 2024-05-14 | by ( ) www.cnbc.com time to read: +1 min

Walmart is cutting hundreds of corporate jobs and asking most remote workers to move to offices, the Wall Street Journal reported on Monday, citing people familiar with the matter. Walmart will still let staff work remotely part time, as long as they are in offices a majority of the time, the report said. Walmart employed approximately 2.1 million associates as of Jan. 31, 2024, according to regulatory filings. In February 2023, it shut three of its U.S. technology hubs and asked hundreds of workers to relocate to keep their jobs, pushing for more employees to report to work from office. Walmart didn't immediately respond to a Reuters request for comment.

Persons: Walmart didn't Organizations: Walmart, Wall Street Locations: Dallas , Atlanta, Toronto, Bentonville, Hoboken, Southern California

☆ OpenAI may have finally cracked the code on voice interactions with AI
▼ + stars: | 2024-05-14 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

In today's big story, everyone's talking — literally — about the big update for OpenAI's ChatGPT that could make your job a lot easier . AdvertisementOpenAI may have finally cracked the code on voice interactions with AI, though. OpenAI says GPT-4o's average response to audio inputs is 320 milliseconds, which is on par with a typical human-to-human conversation. "They've essentially made text input almost be the barbaric form of communicating with ChatGPT (or any AI) now," the developer said. ChatGPT, Tyler Le/BIOpenAI's big reveal shows the shockwaves the startup keeps sending through the tech world.

Persons: —, Here's, ChatGPT Holger Scheibe, Tyler Le, OpenAI, Alex Bitter, They've, ChatGPT, Katie Notopoulos, Siri, it's, Apple that's, Andrew Burton, Justin Sullivan, Rebecca Zisser, Tim Cook's, Tesla, Mark Zuckerberg, he's, Nathan Congleton, Melinda, Gates, French Gates, she'd, Melinda Gates, Bill Gates, Doug McMillon, It's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Teen, Business, HAL, Hollywood, Apple, Apple's Worldwide, Conference, GPT, Google, Microsoft, Washington, Getty, Tesla, Melinda Gates Foundation, University of Arkansas, Depot, Sony, Disney, Cannes Locations: NBCU, New York, London

☆ Walmart CEO Doug McMillon shares 3 tips for success in work and life
▼ + stars: | 2024-05-13 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +7 min

Read previewWalmart CEO Doug McMillon returned this weekend to his alma mater, the University of Arkansas, where he delivered the commencement address to the class of 2024. McMillon also revealed how some plans didn't work out — like being rejected from the top MBA programs — and how a mistake could have ended his career before it began. I'm wired to think more about what's coming next than the moment right in front of me. AdvertisementMy second piece of advice is to pursue a career that does not feel like work. If you're in the right place, most days, work won't even feel like work.

Persons: —, Doug McMillon, McMillon, Doug McMillon's, I've, Jim Webster, Jim, Wharton, Shelly, they're, Sam Walton's, Helen, it's, you've, Benny Bridwell, Benny, Bryan Adams Organizations: Service, University of Arkansas, Business, Harvard, Stanford, Walmart Locations: Arkansas, USA, South Africa, Rogers

☆ Earnings playbook: Your guide to a key week of reports, including Walmart
▼ + stars: | 2024-05-12 | by ( Fred Imbert | ) www.cnbc.com time to read: +3 min

Just seven S & P 500 names are slated to post their quarterly figures, including Home Depot and Walmart. Management is scheduled to hold a call at 4:30 p.m. Last quarter: Cisco posted fiscal second-quarter results that beat expectations. What history shows: Cisco shares have risen after the last six earnings releases, Bespoke data shows. Thursday Walmart is set to report earnings in the premarket, followed by a call at 8 a.m. Last quarter: Walmart earnings topped analysts' estimates, thanks to soaring e-commerce sales . What history shows: Walmart has beaten bottom-line forecasts 71% of the time, per Bespoke.

Persons: Wells, Zachary Fadem, LSEG, Samik Chatterjee, Robert Ohmes Organizations: Home Depot, Walmart, CNBC, Investment, Cisco Systems, Management, Cisco, JPMorgan, Campus Networking, Bank of America

☆ Inflation data commands center stage next week and provides a test for the market rally
▼ + stars: | 2024-05-11 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

All three major U.S. stock indexes closed higher for the week, led by the Dow Jones Industrial Average . The Nasdaq Composite added 1.14% while the S & P 500 advanced 1.85% in a relatively quiet week of economic updates. Within the portfolio, Disney and Wynn Resorts released quarterly numbers; we took issue with the stock reaction to both reports. It also raises the stakes around major economic releases, such as next week's consumer inflation report. In the week ahead, earnings season continues — headlined by Walmart on Thursday — and inflation data will dominate the economic calendar.

Persons: We've, Jim Cramer, Dow Jones, we'll, We'll, Stanley Black, Decker, Jack, JACK, Arcutis, Spero, JD.com, Armour, Jim Cramer's, Jim, Carlo Allegri Organizations: Dow Jones, Nasdaq, Disney, Wynn Resorts, Procter, Procter & Gamble, Walmart, CPI, PPI, Club, Home Depot, Biotech Corporation, Music Entertainment, Central Puerto S.A, TeraWulf Inc, Paysafe Group Holdings, QuickLogic Corporation, Kopin Corp, Royalty Corp, Agilysys Inc, Crop Solutions Corp, Inovio Biomedical, Intercorp Financial, Lithium, Argentina ) Corp, Sea, Sony Group Corporation, SONY, Holding, HudBay Minerals, Autolus Therapeutics, Game Technology, Nu Holdings, Dragonfly Energy Holdings Corp, Bakkt Holdings, Prestige Consumer Healthcare, SilverCrest Metals, Inc, Mining Corp, Acurx Pharmaceuticals, Cresco Labs, Dole plc, DOLE, Arcos Dorados Holdings, ARCO, Cisco Systems, Grab Holdings, Copa Holdings S.A, Technologies, Iris Energy, KORE Group, Super, Spero Therapeutics, ZTO, Baidu, Deere & Company, NICE, Lightspeed Commerce, Ship Lease, Canada Goose Holdings, Drainage Systems, Consolidated Water Co, Outlook Therapeutics, Despegar.com, Corp, DXC Technology Company, Flowers Foods, Bruker Corporation, WYNN, CNBC, Foods Locations: Procter &, Central, Cayman, Lithium Americas, Argentina, Manhattan, New York City

☆ Scammers are using delivery apps like Instacart to swindle customers and delivery workers out of money
▼ + stars: | 2024-05-11 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Read previewSome Instacart shoppers are the targets of a scam centered on gift cards. "Within 30 seconds, I got a message about buying the Vanilla Visa gift card," she said. Instacart forbids shoppers from adding gift cards to orders, a screenshot of the company policy seen by BI indicates. "Customers are not able to order gift cards through the Instacart platform or place a special request for a gift card via chat," an Instacart spokesperson told BI. AdvertisementInstacart also tells shoppers not to purchase gift cards for customers, the spokesperson added.

Persons: —, they've, Instacart, Jim, itsjwest, Heidi Bleau, Bleau Organizations: Service, Business, Walgreens, BI Locations: Massachusetts, cologne

☆ Could your buy now, pay later loans affect your credit score? Here's what you need to know
▼ + stars: | 2024-05-10 | by ( Jessica Dickler | ) www.cnbc.com time to read: +4 min

But there's one place they're notable absent: your credit report. Earlier this year, Apple became the first major BNPL provider to start reporting all user account information to a credit reporting agency. Providers including AfterPay, Affirm and Klarna already report some loans to the credit bureaus and experts say more are likely to follow, paving the way for a consumer's BNPL history to factor into their credit history and ultimately their credit score. (One of the main aspects of a credit score comes down to your history of paying bills on time.) When BNPL credit reporting could sting

Persons: Klarna, Liz Pagel, BNPL, Wells, Tim Quinlan, Ethan Dornhelm, TransUnion's, Silvio Tavares, Tavares, Pagel Organizations: Apple, Adobe Analytics, CNBC, Finance Locations: TransUnion, Wells Fargo

☆ Behind America's divided economy: Booming luxury travel and a jump in 'relief' loans
▼ + stars: | 2024-05-10 | by ( Alex Harring | ) www.cnbc.com time to read: +11 min

First-class travel has exhibited special strength, though management noted that can be tied in part to a resurgence of business trips. People taking these loans are more likely to be lower-income with no more than a high school diploma, Lanier said. Daniel Acker | Bloomberg | Getty ImagesFrozen food maker Tyson Foods has seen consumers shifting more to eating at home than the quick-service restaurants it supplies. It's also important to remember that lower-income Americans were feeling financial pressures before the pandemic, said Tyler Schipper, an associate professor of economics at the University of St. Thomas in Minnesota. Airbnb touted interest in travel to events like the Paris Olympics and the European Cup in Germany this summer.

Persons: there's, It's, Christophe Le Caillec, underscoring, Blair Lanier, Lanier, McDonald's, Tyson, Daniel Acker, Tyson Foods, Stanley Black, Decker, Jane Fraser, CNBC's Sara Eisen, Fraser, Nancy Lazar, Piper Sandler, Tyler Schipper, Thomas, Schipper, Eric Thayer, We've, Cliff Pemble Organizations: TSN, American Express, Federal Reserve, CNBC, People, University of Michigan, San Francisco Federal Reserve, U.S, PepsiCo, Bloomberg, Getty, Tyson, Management, Adobe Analytics, Furniture, Citigroup, University of St, Airlines, Delta Air Lines, JetBlue Airways, Caribbean . Booking Holdings, Paris Olympics, European, Ticketmaster, Cedar Fair, Flags, Wayfair, Garmin Locations: America, U.S, Minnesota, New York, Germany, Valencia , California

☆ Cramer's week ahead: Earnings from Home Depot, Alibaba, Walmart
▼ + stars: | 2024-05-10 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Friday guided investors through next week's market action, telling them to pay attention to a number of earnings reports, including Home Depot , Alibaba and Walmart . He also suggested remarks from Federal Reserve officials will continue to shape the market, saying investors should tune in on Monday to commentary from Loretta Mester, the president of the Federal Reserve Bank of Cleveland. Alibaba also reports that day, and Cramer said if the quarter is good, Wall Street may be more inclined to buy Chinese stocks. Thursday brings earnings from Walmart , Deere and Applied Materials . He added that Applied Materials could have a solid quarter as its peer Taiwan Semiconductor just released a positive sales report.

Persons: CNBC's Jim Cramer, Loretta Mester, Cramer, Alibaba Organizations: Home, Walmart, Federal Reserve, Federal Reserve Bank of Cleveland, Cisco, Deere, Applied, Taiwan Semiconductor, Dow Locations: Alibaba, Nextracker

☆ Meet Mona Patel, the tech entrepreneur and philanthropist who stole the show at the Met Gala
▼ + stars: | 2024-05-09 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +4 min

Read previewOn Monday night, the biggest fashion event of the year took place in New York City: the Met Gala . AdvertisementBut few made as many waves as Mona Patel, an entrepreneur who wore a custom Iris van Herpen gown to her first Met Gala. Mona Patel attends the 2024 Met Gala. Mona Patel turned heads at the 2024 Met GalaThanks to the dramatic ensemble she wore to make her Met Gala debut, Patel was among the most talked-about attendees of the event. Mona Patel at the 2024 Met Gala.

Persons: —, Mona Patel, Iris van Herpen, Patel, Sean Zanni, Vogue, Anna Wintour, Emma, John Shearer, Casey Curran, Mike Coppola, Chris Martin, Edgar Martin, Sidney Jamila, Roach — Zendaya's, Roach Organizations: Service, Metropolitan Museum, Art's Costume, Business, Rutgers University, Haute Mona, Forbes, LinkedIn, Harvard Business School, Stanford Graduate School of Business, MIT Sloan School of Management, CareFirst, Couture, Vogue India Locations: New York City, India, Florida, Mumbai

☆ I tried groceries from Walmart's new premium house brand, Bettergoods. They were all under $5 and so good I'd buy them again.
▼ + stars: | 2024-05-09 | by ( Amena Ahmed | ) www.businessinsider.com time to read: +1 min

I ranked products from Walmart's new house brand, Bettergoods, from worst to best. I tried the flavored butter, frozen desserts, and ice cream I found in my Pennsylvania location. Accessible premium groceries sounded pretty great to me, so I visited Walmart to see which Bettergoods products I could find to try. AdvertisementAt my nearest Pennsylvania location, I found three types of Bettergoods products on the shelves: flavored whipped butter, plant-based frozen desserts, and ice cream. Each butter was about $2.60, and the frozen desserts and ice creams cost about $3.50 per carton.

Persons: — Organizations: Service, Walmart Locations: Pennsylvania

☆ 'Bridgerton' star Phoebe Dynevor subtly revealed she's engaged at the Met Gala
▼ + stars: | 2024-05-08 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +1 min

Phoebe Dynevor attended the Met Gala on Monday in a custom Victoria Beckham gown. She also quietly revealed she is engaged to Cameron Fuller with her Met Gala look. AdvertisementOne of Phoebe Dynevor's accessories for the 2024 Met Gala was not like the others. A-list stars, billionaires, and athletes attended the "Sleeping Beauties: Reawakening Fashion"-themed gala in various interpretations of " The Garden of Time " dress code. This story is available exclusively to Business Insider subscribers.

Persons: Phoebe Dynevor, Victoria Beckham, Cameron Fuller, Dynevor, —, Phoebe Dynevor's Organizations: Service, Metropolitan Museum, Art's Costume, Business

☆ Jeff Bezos and Lauren Sánchez made their Met Gala debut as a couple. Here are the other billionaires that joined them.
▼ + stars: | 2024-05-07 | by ( Alexandra Bacon | ) www.businessinsider.com time to read: +2 min

Jeff Bezos and Lauren Sánchez attended their first Met Gala together. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementJeff Bezos and Lauren Sánchez attended their first Met Gala together on Monday. AdvertisementThe Met Gala brings together the rich and famous. Individual tickets to this year's event cost $75,000, and the price of booking a table started at $350,000, Time reported.

Persons: Jeff Bezos, Lauren Sánchez, Sánchez, Oscar, la, —, It's, Anna Wintour Organizations: Service, Vogue, White House, Metropolitan Museum Locations: Coachella

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