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Morgan Stanley reiterates Tesla as overweight Morgan Stanley said it's sticking with its overweight rating on Tesla " Tesla AI Infrastructure 'base' is by far the fastest rising part of its asset base." Morgan Stanley downgrades WW International to equal weight from overweight Morgan Stanley downgraded the company formerly known as Weight Watchers due to concerns about free-cash flow. Morgan Stanley initiates CervoMed as overweight Morgan Stanley said it's bullish on shares of the biotech company. " Morgan Stanley downgrades STMicroelectronics to equal weight from overweight Morgan Stanley downgraded the stock following earnings. Morgan Stanley reiterates Meta as overweight Morgan Stanley said buy the dip in shares of Meta.
Persons: Redburn, Lockheed Martin, Raymond James, Apple, it's, Morgan Stanley, Tesla, Piper Sandler, Alexander, Baldwin, Piper, ALEX, TD Cowen, Morgan Stanley downgrades STMicroelectronics, Baird, Meta, Guggenheim, Oppenheimer, Sweetgreen, Stifel, Jefferies, Rosenblatt Organizations: Deutsche Bank, Airlines, Deutsche, Lockheed, Apple, Citi, Amazon, AMC, International, Dianthus Therapeutics, Meta, " Bank of America, underperform Bank of America, Barclays, Microsoft, Aviation, Security, Nvidia, Qualcomm, Pharmaceuticals Locations: NYC, Brunswick
In fact, Gen Zers — people born between 1997 and 2012 — are more worried about saving than any other generation, a BI survey showed. Nearly half of Gen Zers and millennials have it, according to a recent Credit Karma survey. Money dysmorphia goes beyond wanting to pay off some credit card debt or to contribute more to a 401(k). It's "pervasive worry, vigilance — like an internalized feeling of unsafety with money," Clayman said, even when there aren't pressing financial problems to solve. AdvertisementClayman explained why younger generations are more likely to experience warped views around their finances — and might be more financially stable than they give themselves credit for.
Persons: , Gen Zers —, Amanda Clayman, Zers, dysmorphia, Clayman, Gen Xers Organizations: Service, Business
PepsiCo says it's two-thirds of the way done with an overhaul of its supply chain. This article is part of "The Future of Supply-Chain Management," a series on companies' manufacturing and distribution strategies. With more automation, workers are doing fewer physical tasks, like driving a forklift, and far more oversight of the machines taking over those tasks. Workers at manufacturing facilities and distribution centers and the unions that represent them often bristle at automation, which can lead to layoffs. Even as it has invested in automation, PepsiCo's total workforce has swelled: It grew by 20%, to 318,000, over the five years that ended in 2023.
Persons: it's, , Gregg Roden, he'd, Roden, Athina, Campbell, Kanioura Organizations: PepsiCo, Chain Management, Service, Gatorade, Frito, Microsoft, Workers, Tyson Foods, Food, McKinsey Locations: Doritos, North America
Qatar Airways displayed its business class upgrade at Farnborough Airshow near London. Zoom In Icon Arrows pointing outwards Qatar Airways' new business class product, the Qsuite Next Gen', features retractable screens. Rolling out new business class seats across an airline's fleet is usually a lengthy process spanning years, as upgrades are installed in new aircraft and retrofitted onto planes already in service. Qatar Airways' "Qsuite Next Gen" business class seat, showcased at the Farnborough Air Show on July 22, 2024. Qatar Airways
Organizations: England — Airlines, Qatar Airways, Farnborough, CNBC, Boeing, Qatar Locations: FARNBOROUGH, England, London
Celeste Evanovich, a 28-year-old tattoo artist and content creator, said she has noticed an influx of Gen Z brides souring on their tattoos. 'Clean girl' aestheticEvanovich said the influx in bridal tattoo regret could be caused by the "clean girl aesthetic", a beauty trend which first blew up on TikTok in 2022. Evanovich pointed out TikTok videos where some women said their tattoos made them feel like they couldn't achieve a "clean" look. freemixer/Getty Images"The clean girl aesthetics and weddings go hand and hand. There's the age-old expectations for women to be pure on their wedding day, wearing bright white," Evanovich said in the video.
Persons: , Celeste Evanovich, souring, Evanovich, @smoneyyz, I'm, Stu Hepcat, Pollyana Ventura, Hepcat, it's, Samantha Jane, Samantha, Ariana Grande, Dalton Gomez Organizations: Service, Business, NBC, Pew Research Center Locations: Glasgow, Scotland, New York
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailData suggests Harris could pull 'Obama level' youth vote, says Generation Lab's Cyrus BeschlossCasey Lewis, After School founder, and Cyrus Beschloss, Generation Lab founder, join CNBC's 'The Exchange' to discuss Gen Z's influence on the election, Kamala Harris' engagement of young voters, and more.
Persons: Harris, Lab's Cyrus Beschloss Casey Lewis, Cyrus Beschloss, CNBC's, Kamala Harris Organizations: School, Lab
CNN —The five days since Vice President Kamala Harris’ campaign launched at warp speed have remade the 2024 race – and given Democrats new hope of preventing a second Donald Trump presidency. Fundraising exploded, with Harris’ campaign saying she raised $126 million between Sunday afternoon and Tuesday evening. And Democrats were more eager to devote their own time to working to elect Harris: More than 100,000 people signed up to volunteer for her bid, and more than 2,000 applied for campaign jobs, Harris campaign chair Jen O’Malley Dillon said in a Wednesday memo. The strength of Harris’ launch has at times surprised even the former Biden campaign staffers who on Sunday suddenly found themselves working for what was converted into the Harris campaign. Biden’s campaign believed his path to 270 Electoral College votes ran through the “blue wall” states – Michigan, Pennsylvania and Wisconsin.
Persons: Kamala Harris ’, Donald Trump, Harris, Harris ’, Jen O’Malley Dillon, Trump, It’s, Ron Bieber, “ I’ve, , she’s, Joe Biden, Biden, Harris hasn’t, , Base Andrews, O’Malley Dillon, Biden’s, ” O’Malley Dillon, Douglas Emhoff, Erin Schaff, Howard University hoodie, , Nancy Pelosi’s, dispirited, fraudsters, cheaters, ” Harris, Donald Trump’s, Charli XCX, , , Jared Polis, Maxwell Frost, Tony Evers, ” Evers, ” Trump, Felita Daniels Ashley, Olivia Jessup, Anger, Natalie Jauch, Charli, Jessup, Taylor Swift, Kesha, ” Jessup, Kevin Mohatt, ” CNN’s Alison Main, Betsy Klein, Ebony Davis, Sam Fossum, Edward, Isaac Dovere, Lisa Respers Organizations: CNN, Democratic Party, Trump, Michigan AFL, Democratic, Biden, Convention, ABC, Base, Republican, CNN’s, New York Times, Siena, Electoral, Air Force, Joint Base Andrews, Naval Observatory, Howard University, Federal, San, Democratic National Convention, Democratic Colorado Gov, , Milwaukee, Heritage Foundation, California Democrat, Zeta Phi Beta, of Education, , American Federation of Teachers Locations: Houston, Gaza, – Michigan, Pennsylvania, Wisconsin, Sun, Arizona, Georgia, Nevada, North Carolina, Maryland, Wilmington , Delaware, San Francisco, California, British, ” Florida, Milwaukee, , West Allis , Wisconsin, Indianapolis, America, Lisa Respers France
CNN —Make sure you’ve got enough pages in your passport, because TIME has just released its list of the world’s 100 greatest places to visit in 2024. CNN Travel spoke to TIME senior editor Emma Barker about some of the trends they’ve seen emerging this year. Barker points to “these sort of otherworldly art and design places” like Aranya, China. “Those kinds of places that result in stunning photography are really popular,” she says. It’s “kind of like a middle-aged retreat,” says Barker, “which I think is really interesting and fun.
Persons: you’ve, Koh Samui, Emma Barker, Barker, “ They’re, , , — “, “ You’re Organizations: CNN, TIME, , Elder Academy, CNN Travel Locations: Costa Rica, Republic of the Congo, York, Aranya, China, Botswana, Antarctica, they’re, Santa Fe , New Mexico, Maui
To understand the wave of coconut tree and K-Hive content that’s hitting your social media feeds and your group texts this week, you need some context. She worked for the Kamala Harris campaign as a social media strategist during the then senator’s failed 2019 run. As she told Audie Cornish on The Assignment, the current internet obsession with remixing Harris’ 2023 White House speech invoking a coconut tree isn’t that surprising. “They can create and uplift the messages that are arising organically without overdoing it or making it feel cringe,” she said. “This is where trusted messengers, I think, are really, really important.”Listen to the full conversation on The Assignment here.
Persons: Deja Foxx, Kamala Harris, she’s, Audie Cornish, Harris, ” Foxx, “ Young, , Foxx, Harris ’, you’ve Organizations: Harris Locations: girlhood
When the white Gen X child turned 27 in 2005, they could expect to make more than $34,000. But Mr. Cain did have a strong community — which he said taught him entrepreneurship and showed him he could dream big. Mr. Cain, 35, got a two-year degree in business management and first worked as a bank teller and financial adviser. At the same time, white millennials born to poor parents had a harder time than their white Gen X counterparts. Unlike Mr. Cain, Mr. Brown did not have a strong sense of community, as he bounced between his mother, his father and his grandparents.
Persons: Lawrence Cain Jr, Cain, , Asa Featherstone, Black, Derek Brown, Brown, He’s, , It’s, ” Mr, Raj Chetty, Stefanie A, DeLuca, David B, Ralph Richard Banks, wasn’t, Benjamin Goldman, Cain’s Organizations: Abundance University, Business, Harvard, The New York Times, General Electric, Richer, Johns Hopkins University, Stanford, People, Black, White, Conservatives, Local, Bank of America Locations: Cincinnati, Northside, America, United States, American, China, India, Charlotte, N.C
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewRussia would likely take up to 1.8 million wounded and dead over five years to achieve its goal of fully capturing four major Ukrainian regions, said the new chief of the British Army. On Sunday, he said the UK must be ready to go to war in three years, per the BBC. AdvertisementAnalysts fear that Russia can outlast Ukraine's defense through its aggressive recruitment drives and a defense manufacturing industry that's kicked into overdrive. Russia has poured 40% of national spending into defense and security, essentially putting its economy on a war footing.
Persons: , Sir Roly Walker, he'd, He'd, Walker, Vladimir Putin, Putin, that's Organizations: Service, British Army, Business, Warfare, Royal United Services Institute, , Luhansk —, News, SAS, Staff, BBC, Sky Locations: Russia, Ukraine, British, London, Donetsk, Luhansk, Kherson, Kyiv, Kharkiv, — Donetsk, Ukrainian, Moscow
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewRussia would likely take up to 1.8 million wounded and dead over five years to achieve its goal of fully capturing four major Ukrainian regions, said the new chief of the British Army. On Sunday, he said the UK must be ready to go to war in three years, per the BBC. AdvertisementAnalysts fear that Russia can outlast Ukraine's defense through its aggressive recruitment drives and a defense manufacturing industry that's kicked into overdrive. Russia has poured 40% of national spending into defense and security, essentially putting its economy on a war footing.
Persons: , Sir Roly Walker, he'd, He'd, Walker, Vladimir Putin, Putin, that's Organizations: Service, British Army, Business, Warfare, Royal United Services Institute, , Luhansk —, News, SAS, Staff, BBC, Sky Locations: Russia, Ukraine, British, London, Donetsk, Luhansk, Kherson, Kyiv, Kharkiv, — Donetsk, Ukrainian, Moscow
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewIn the '90s, Joey Fatone charmed teenage girls as a member of the boy band NSYNC. This story is available exclusively to Business Insider subscribers. AdvertisementDecoding slang helps parents connect better with their kidsMiddle school teacher Philip Lindsay previously told Business Insider that keeping up with the younger generation's slang can help parents connect with their children. AdvertisementA representative for Fatone did not immediately respond to a request for comment sent outside regular business hours.
Persons: , Joey Fatone, Kloey Alexandra, TODAY.com, Philip Lindsay, Lindsay, Fatone, Kelly Baldwin, Briahna Joely, NSYNC, Ariana Grande, Ole, Briahna, it's Organizations: Service, Business, Alpha Locations: Coachella
Gen Z is earning a reputation as the sober-curious generation that prioritizes their health, well-being, and authenticity when finding a partner. Ryan Mairs, 28, is a "Zillennial" on the cusp between millennials and Gen Z and has noticed the shift. Gen Z are drink less regularly than millennials, according to Statista data. AdvertisementA recent survey by DatingNews.com found that 65% of millennial and Gen Z respondents said they would prefer a "dry" first date. She's the founder of the sober dating platform Club Pillar, launching this summer.
Persons: , Z, Gen Zers, Ryan Mairs, He's, Mairs, it's, Gen, DatingNews.com, Kate Daly, Daly, Justine Benanty, Zers, they're, Benanty, he's, Jessie Urvater, Urvater, Jessie Urvater Urvater, that's, they've Organizations: Service, Business Locations: California
The top driver for pay transparency practices in Asia is "regulation and compliance" (72%) according to a 2024 report by Aon. Currently, the top driver of pay transparency practices in Asia is "regulation and compliance" (72%) according to the report. Jashani is just one of the many young people in Asia who are working on increasing pay transparency in the region. I think our role to advocate for pay transparency is actually [done] through conversation. "I think our role to advocate for pay transparency is actually [done] through conversation," she said.
Persons: Peter Zhang, Zhang, Jashani, I'm, Davekhaw, they'll, Prestine, Aon's Zhang, Peter Zhang Head Organizations: Aon, CNBC, Employers Locations: Asia, United States, California, New York, millennials, Singapore, Instagram, Malaysia, Malay
Research shows taking a financial education class in high school does pay off. "Let's not leave financial education to TikTok," she said. Let's not leave financial education to TikTok. Yanely Espinal director of educational outreach at Next GenMany studies also show there is a strong connection between financial literacy and financial well-being. In addition, a study by the Brookings Institution in 2018 found that teenage financial literacy is positively correlated with asset accumulation and net worth by age 25.
Persons: dem Rosenberg, dem Rosenberg Bernhard Gademann, It's, Gademann, Tim Ranzetta, Yanely Espinal, Espinal, Let's, Yanely, Christiana Stoddard, Carly Urban Organizations: dem, Finance, Research, Tyton Partners, CNBC, Financial Wellness, National Endowment, Financial Education, Financial, Investor Education Foundation, Brookings Institution Locations: St . Gallen, Switzerland
Read previewThe Coca-Cola Company is leveraging the 2024 Paris Olympics to connect with Gen Z as it approaches 100 years of sponsoring the Games. In Paris, Coca-Cola organized six free concerts to appeal to younger audiences during the 2024 Olympic Games and Paralympic torch relays. Though the company said it considers Gen Z when creating campaigns, its Olympics marketing caters to all audiences. The Coca-Cola CompanyCola-Cola chose the athletes it's working with based on whether they share the same values as its campaign, "Celebrating Everyday Greatness." As such, Ross said an athlete doesn't have to be a gold medalist or have a huge social-media reach.
Persons: , Powerade, Brad Ross, Ross, Brooke Raboutou, Jordyn Barratt, Simone Biles, Katie Ledecky, Bianca Costa, Angela Ruggiero, Sarah Rice, Athing Mu, Alex Morgan, doesn't, Manolo Arroyo Organizations: Service, Cola Company, Games, Business, Cola, Paris Games, International Olympic Committee, North America, Olympics, Olympic Games, US Olympic, Coca, Olympic, Paralympic Games Locations: Costa Coffee, Paris, North, Lujipeka, Costa, South Africa, New Zealand, France, India, US
Jacob applied to Toulouse Business School and received an interview within two days. She had graduated cum laude from high school and had a good chance of getting into colleges in California, Jennifer said. AdvertisementBut Phoebe already had a taste of the European college experience. AdvertisementAccording to U.S. News & World Report, tuition fees at private universities have increased by 40% from 2004 to 2024, while in-state tuition fees for public universities have risen by about 38% over the same time period, adjusted for inflation. Multiple benefits to studying abroadFor the Zeidberg family, the lower tuition fees in Europe were an added bonus.
Persons: , Lou Zeidberg, Lou, Jacob, Jennifer, Europe Jacob, He's, Phoebe, Isabella Ambrosio, Ambrosio, Dalia Goldberg Organizations: Service, University of California, California State University, Business, Toulouse Business School, IE University, IE, Law, International Relations, U.S . News, College Board, YouGov, BI, UC Locations: Berkeley, San Diego, California, Netherlands, Toulouse, France, Europe, Monterey Bay , California, Morocco, Saudi Arabia, Cyprus, Spain, U.S, Chicago, Ireland, American, Philadelphia, Montreal
CNN —The North American Aerospace Defense Command intercepted two Russian and two Chinese bombers flying near Alaska Wednesday in what a US defense official said was the first time the two countries have been intercepted while operating together. The US and Canada, which together comprise NORAD, intercepted the Russian TU-95 Bear and Chinese H-6 bombers. It also marks the first time H-6 bombers, which are a derivative of older Soviet bombers, have entered the Alaska ADIZ, the defense official said. The intercept was carried out by US F-16 and F-35 fighter jets, as well as Canadian CF-18 fighter jets, according to the defense official. In May, Russia flew four aircraft into Alaska’s ADIZ, which NORAD said at the time “occurs regularly.”But the presence of Chinese aircraft appears to be a new development.
Persons: Gregory Guillot, ” Guillot, Organizations: CNN, North American Aerospace Defense Command, NORAD, Canadian CF, US Northern Command, Senate Armed Services Committee Locations: Alaska, Canada, Russian, Russia, China
Read previewVice presidential candidates typically receive a ratings bump after their party's convention, but JD Vance is bucking the tradition. Since 2000, vice presidential candidates typically have a net positive rating immediately following the convention, at plus 19 points. Vance, however, is polling at minus six points just one week after accepting the vice presidential nomination and officially embarking on the campaign, according to the network. "The JD Vance pick makes no sense from a statistical polling perspective," CNN political data reporter Harry Enten said. "We'd like to be the first to congratulate JD Vance on making history as the least popular VP pick, well…ever," it reads.
Persons: , JD Vance, Vance, Tim Ryan, Mike DeWine, Nan Whaley, Harry Enten, Harris, Joe Biden, Kamala Harris, Trumpworld, Donald Trump, Trump's, Biden, There's, Trump Organizations: Service, Republican National Convention, CNN, Business, Ohio Senate, Democratic, Republican Gov Locations: Ohio, Dayton
Even politicians want to have a 'brat' summer
  + stars: | 2024-07-24 | by ( Beatrice Nolan | ) www.businessinsider.com   time to read: +4 min
Read previewEven Kamala Harris wants to be a "brat" this summer. Harris is not the first politician to embrace the viral "brat summer" for political gain. So what exactly is a 'brat' summer? Social media has run with the idea of the "brat" summer, and the album's aesthetics have taken on a life of their own. Having a "brat" summer has become less about the album — and more about a state of mind.
Persons: , Kamala Harris, Harris, Kamala, Jeremy Corbyn, Joseph Okpako, Z, It's, Joe Biden, Donald Trump, Charli, Biden, President's, Katie Notopoulos Organizations: Service, Democratic, Business, Labour Party, UK's Greens, Fire, Trump Locations: British, Denmark
Harris is 59 and was born October 20, 1964 — putting her just weeks outside the Gen X range which is generally thought to span 1965 to the early 1980s. His successor has not been confirmed, but one name being floated is his Gen X lieutenant Stephanie Pope. Could the House of Mouse soon have its first Gen X leader? The picture is not completely clear on how Gen X bosses differ from their predecessors on issues such as remote work and the role of AI in the workplace. AdvertisementIt won't be long, though, until Gen X has a majority grip over power.
Persons: , Gen, Joe Biden's, Kamala Harris, Harris, Xer —, XCX, Joe Biden, Justin Sullivan, boomer Barack Obama, Donald Trump, Sen, JD Vance, Bush, Clinton, Biden, Obama, John McCain, Mitt Romney, HSBC's, Noel Quinn, Georges Elhedery, Xer, David Calhoun, Stephanie Pope, Dave Calhoun, Aaron Schwartz, Gen X, Ron Vachris, Craig Jelinek, Macy's, Tony Spring, Xers, Jamie Dimon, David Solomon, Goldman Sachs, Bob Iger, boomer Bob Chapek, Iger, Brendan McDermid, Tim Cook, Steve Jobs, Jensen Huang, Dimon, Jenn Piepszak, Troy Rohrbaugh, X'ers, JPMorgan Chase, Alex Brandon, Mouse, We'll Organizations: Service, Democratic Party, Business, Democratic, Trump, Boeing, Gen, Gen X Costco, Microsoft, Google, Walmart, Tesla, ExxonMobil, JPMorgan, Blackstone, septuagenarians, Disney, Apple Locations: BlackRock, Silicon Valley, America
That’s the sound of a wave of young pop artists powering Vice President Kamala Harris on TikTok. While Roan has not yet endorsed a candidate in the race for the White House, galvanizing her fans through her music may pay off for the Harris campaign. In other words, Charli XCX could be more influential in the 2024 election than George Clooney or Barbra Streisand (both of whom have also endorsed Harris). While Harris’ TikTok page has 1.1 million followers, Trump, who joined TikTok in June, garnered 3 million followers in his first day on the social media platform. He now boasts 9.1 million followers.
Persons: Kamala Harris, Harris, Chappell, , Donald Trump, Trump, , Roan, galvanizing, she’d, Joe Biden’s, Biden, George Clooney, Barbra Streisand, “ Kamala, Gen Z, ” Harris, Ariana Grande, Demi Lovato, Kesha, Charli XCX —, Kamala, Harris isn’t, Harris ’, Charli, Charli XCX, Don Arnold, XCX, Olivia Rodrigo Olivia Rodrigo, Kevin Winter, Olivia Rodrigo, Rodrigo, “ Donald Trump’s, ” Rodrigo, Anthony Fauci, Chappell Roan Chappell Roan, Cheney Orr, Willard, ” Roan, Madonna, Governors Ball, I’ll, CNN’s Alli Rosenbloom, DJ Judd Organizations: CNN, White, New, Ball Music, of, Democratic, Biden, TikTok, Getty, The Recording Academy Singer, Congress, Governors, Pride Locations: TikTok, Sydney, Australia, West Allis , Wisconsin, United States, New York, Roan, Willard , Missouri
But, to put it bluntly, it’s not you and it’s not me, it’s Gen Z. So half of Gen Z and millennials are simply opting for more inexpensive options. At a time when 90% of Americans agree we are in a mental health crisis, according to Pew Research, Gen Z is increasingly prioritizing self-care. With Gen Z, it starts from the first date. I don’t think it’s a coincidence that, when in a committed relationship, partners often refer to their significant other as their best friend.
Persons: Sara Forastieri Vicente, I’ve, , it’s, Gen, We’ve, Zers, It’s, Gen Z, — it’s, Z, , Organizations: CNN, University of Pennsylvania, Pew Research Locations: situationships
Read previewIf you consider yourself very online, you'd likely be able to name the early wave of top YouTube creators, from Lilly Singh and PewDiePie to Zoella and Tyler Oakley. AdvertisementDuring the early days of YouTube, there were only a handful of channels to watch with creators consistently making quality content. But now, the number of YouTube creators uploading content and making money from the platform has grown tremendously. Still, Allocca said he's noticed there are more successful creators than there used to be but fewer huge stars. AdvertisementSo, while there may be more opportunities for YouTube creators now, it may be a while before we see another rising star who can amass the broad appeal of someone like MrBeast.
Persons: , Lilly Singh, PewDiePie, Tyler Oakley, it's, YouTube execs Amjad Hanif, Kevin Allocca, Hanif, Anthony Baroud, Aphmau, Krew, Alpha, Allocca, he's, There's, Gen, Ally Sheehan, Taylor Swift Organizations: Service, YouTube, Business, Brands Locations: Zoella, VidCon, Anaheim , California, North Carolina
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