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Miller: Private markets are as varied as the public side.
  + stars: | 2024-11-22 | 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 EmailMiller: Private markets are as varied as the public side. Jake Miller, Co-Founder and Chief Solutions Officer of Opto Investments, explains private investment platforms give access to diverse markets like equity, credit, and real estate. He highlights the importance of liquidity and growing demand for smaller private credit loans underserved by banks, while cautioning against oversaturation in large loans.
Persons: Jake Miller Organizations: Opto Investments, oversaturation
Short-term rentals are generally considered more lucrative than long-term rentals. Summer 2023 was tough across the board for the short-term rental market, with some Airbnb and Vrbo hosts seeing revenue drop by up to 18%. The couple self-manages three short-term rental properties. "On a lot of these short-term rental platforms like Airbnb and Vrbo, there are rating systems for the guest," said Jervais. They noted that working with the right property manager or co-hosting platform is a good option for a short-term rental property owner who wants to be more hands-off.
Persons: they're, Natia, Jervais Seegars, they'd, they've, We're Organizations: Service, Business, Ventures, Strategy
"Deadpool & Wolverine," costarring Hugh Jackman as Wolverine, is the only MCU film hitting theaters this year. AdvertisementWhile it might seem risky for the studio conglomerate to put all its eggs into one R-rated basket, Reynolds' Deadpool franchise — and Reynolds himself — are uniquely positioned to revitalize the genre. The 'Deadpool' franchise has been consistently lucrativeRyan Reynolds as Wade Wilson/Deadpool in "Deadpool & Wolverine." Ryan Reynolds' business acumen has helped Deadpool thriveRyan Reynolds has turned the Deadpool character into a shrewd marketing play. His good friend Taylor Swift even wrote a gushing post on her Instagram Stories about "Deadpool & Wolverine" with a link to buy tickets.
Persons: , Ryan Reynolds, Wade Wilson, Deadpool, Marvel Jesus, Reynolds, costarring Hugh Jackman, It's, Hugh Jackman, Wolverine, Logan, Jay Maidment, Sam Raimi's, Strange, Oscar, Jonathan Majors, Kang the, Marvel, Robert Downey Jr, He'll, Doctor Doom, it's, Nicholas Hunt, He's, who's, Taylor Swift, Paul Mullin Organizations: Service, Marvel, Business, Disney, Fox, Century Studios, Marvel Studios, Rotten Tomatoes, Rotten, Deadpool, Hollywood, Aviation, Mint Mobile, Welsh football, Wrexham AFC —, San Diego Comic, Wrexham AFC, Wrexham, Belgian, Prix Locations: Welshpool
One screenshot from a Lyft driver based in Arizona showed a $2.62 ride that took 15 minutes and traveled 4.32 miles. For some drivers, these sub-$3 trips are a symbol of their broader frustrations with their pay. AdvertisementCompared to January 2023, sub-$3 trips — excluding tips — have become more common for DoorDash, Grubhub, and Uber Eats drivers and less common for Uber and Lyft drivers, per Gridwise. Otherwise, the pay would likely increase if drivers rejected these rides since drivers would be more likely to accept a higher-paying ride. AdvertisementMoises Diaz, a 41-year-old Uber and Lyft driver in California, started driving part-time in December.
Persons: , Sergio Avedian, Guy, Avedian, it's, Lyft, they're, Uber, Grubhub, Gridwise, Randy Scott, he's, Scott, There's, he'll, Moises Diaz Organizations: Service, Business, Research, Gridwise, South, BI, Uber Locations: Arizona, Cleveland , Houston, Fort Lauderdale, Orange County, Los Angeles, Florida, California, South Florida
In 2017, fewer than half of the largest U.S. cities offered formalized pickleball courts. "We have found New York City parks to really understand the popularity of pickleball and also the need for more courts," said Cannon. We're excited to meet the increasing demand and bring Pickleball Kingdom's premier indoor pickleball to the masses," said Ace Rodrigues, founder and CEO of Pickleball Kingdom. Pickleball courts are also popping up at gyms throughout the country. Life Time, an "athletic country club," currently boasts almost 700 pickleball courts across its 170 U.S. locations.
Persons: Wang Fan, Will Klein, Klein, pickleball, Erica Desai, Mary Cannon, Pickle, Cannon, Desai, Pickleball, Rodrigues, Andre Agassi, Bahram Akradi, Ben Johns, Collin Johns, Anna Bright, Tyson McGuffin, Mike Stobe Organizations: Central Park, China News Service, Getty, Trust, Public, Pickle, Long, PENN, Garden Locations: Central, New York City, pickleball, Louisville , Kentucky, Madison , Wisconsin, Honolulu, Manhattan , Brooklyn, Long Island City, Kingdom, Pickleball, United States, Pickleball Kingdom, U.S, Annapolis , Maryland, Madison
Investment analysts are coalescing around a few potential winners in China's car market after a 10-day auto show in Beijing put the ferocious competition on full display. "This year, we notice[d] a meaningful amount of foreign visitors who are Chinese brands' overseas dealers or importers," JPMorgan analysts said. Open to the public After two days of restricting access only to business and media, the Beijing auto show opened to the general public. Jefferies' analysts estimate the policy could boost China's passenger vehicle sales by 1 million units this year, evenly split between electric and gas-powered models. The analysts highlighted their Chinese car stock picks as Leapmotor, Geely and BYD, all rated buy and listed in Hong Kong.
Persons: Nick Lai, BYD, Tesla, hasn't, Elon Musk, Nezha, Asensing, Zhang Haizhou, Morgan, Lei Jun, Xiaomi, Jefferies, Bank of America Merrill Lynch, Leapmotor, — CNBC's Michael Bloom Organizations: Asia Pacific, JPMorgan, Porsche, Apple Vision, Brands, Mazda, Auto, Morgan Stanley Asia Pacific, EV, Bank of America, Trade, Ministry of Commerce, Volkswagen, VW, Toyota Locations: Beijing, China, Asia, Europe, Nio, Zhejiang, Hong Kong
Opinion | Taylor Swift Needs to Become Other People
  + stars: | 2024-04-26 | by ( Ross Douthat | ) www.nytimes.com   time to read: +3 min
Which are the 12 best songs — not just in absolute terms, but in terms of the whole (the album) being constructed out of the parts (the songs)? Which of these songs do they want to play live dozens of times on their upcoming concert tour? For a very different analysis of Swift, consider these comments on X from Katherine Boyle, an Andreessen Horowitz venture capitalist, repurposing a take she offered in 2023. In our cultural environment, Boyle argues, being prolific is everything: “You can’t cede ground to competitors. If Taylor writes 31 songs and 3 are memorable, she’s written three epic songs.
Persons: , Taylor Swift’s, Swift, you’re, , Damon, Bruce Springsteen, Springsteen, Katherine Boyle, Andreessen Horowitz, Boyle, ” Boyle, Taylor
NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThis as-told-to essay is based on a conversation with William Conrad, a 25-year-old stay-at-home boyfriend and content creator from Canada. But I ended up studying computer science at college and then found a job at a tech startup. AdvertisementI have no plans to return to the 9-to-5 and would only do so if our online businesses stopped working.
Persons: William Conrad, Levi Coralynn, Conrad, , I've, Levi, we're, We've, we've, I'd, hemming, Andrew Tate, I'm, it's Organizations: Service Locations: Canada, Toronto, Alberta, Ontario
The International Energy Agency, a Paris-based intergovernmental group, notes that in 2023 China accounted for around 60% of global electric car sales. Yellen's remarks are to be delivered Wednesday afternoon at Suniva — a solar cell manufacturing facility in Norcross, Ga. It is reopening, in part, because of incentives provided by the Democrats' Inflation Reduction Act, which provides tax incentives for green energy manufacturing. The European Union, also concerned about the potential threat to its auto industry, launched its own investigation into Chinese subsides for electric vehicles last year. “In the past, in industries like steel and aluminum, Chinese government support led to substantial overinvestment and excess capacity that Chinese firms looked to export abroad at depressed prices,” Yellen said.
Persons: Janet Yellen, China's, ” Yellen, , Xi Jinping, Xi Organizations: WASHINGTON, , International Energy Agency, Treasury, Democrats, China, Trade Organization, U.S, Chinese Commerce Ministry, European Union, , Communist Party Locations: China, Georgia, Paris, Norcross , Ga, U.S, Beijing
New York CNN —“Madame Web” swung to No. In November, “The Marvels” saw a lackluster $47 million in domestic sales its opening weekend, and DC’s “Aquaman and the Lost Kingdom” opened in December to a feeble $27.6 million. It’s still too soon to estimate gross domestic sales for “Madame Web,” but, by the time it exited theaters, “Morbius” had made just $73 million. But “Madame Web,” which released February 14, struggled to gain upward momentum even along its six-day opening, which straddled two holidays: Valentine’s Day and Presidents’ Day. Recent months have seen musical box office hits like “Wonka,” “Mean Girls,” and successful concert films from both Beyonce and Taylor Swift.
Persons: , Bob Marley, Web, , BoxOffice, Shawn Robbins, Madame Web’s, ” theatergoers, DC’s, Paul Dergarabedian, ‘ Deadpool, Venom ”, It’s, Madame, Morbius ”, Robbins, “ Wonka, Beyonce, Taylor Swift, Bob Marley’s, ” Dergarabedian, Compton ” Organizations: New, New York CNN, Sony Pictures, Disney’s Marvel Studios, Marvel, Sony, BoxOffice Pro, Avengers, Warner Bros, CNN, Comscore, Locations: New York, Comscore
CNN —It’s going on two entire hours since Taylor Swift showed up in any of my social media feeds. If there’s such a thing as too much Taylor Swift, America may be reaching a saturation point with America’s sweetheart. Taylor Swift is 34. Yes, Swift sells. But, no, we don’t need daily coverage or detailed analysis every time the new guy puts his arm around her.
Persons: Lynda Gorov, CNN —, Taylor Swift, I’m, , Swift, she’s, , Department ”, don’t, haters, haven’t, That’s, Travis Kelce, I’d, who’s Organizations: CNN, Department, Snake Fam Locations: California, America, Brazil, China, Philippines, New Zealand
Some 330,000 people are expected to visit Las Vegas this weekend as the Kansas City Chiefs take on the San Francisco 49ers in Super Bowl LVIII. AdvertisementThese include Sin City's main Harry Reid International Airport, as well as Henderson Executive Airport, North Las Vegas Airport, and Boulder City Airport in the suburbs. Speaking to the Henderson and North Las Vegas airports, Hayes told BI there are about 1,100 slots across the two. According to the agency, Super Bowl parking spot reservations are handed by aircraft service stations known as fixed-based operators, or FBOs. AdvertisementRepresentatives for Swift did not immediately respond to comment from BI regarding her planned Super Bowl travels.
Persons: Heidi Hayes, City's, Harry Reid, Henderson, Hayes, Leona Qi, Jim Segrave, LIV, Breitenfeldt, Ross D, Niall Mulcahy, Mulcahy, Taylor Swift, Travis Kelce, Swift, hasn't, Qi Organizations: Las, Kansas City Chiefs, San Francisco 49ers, Clark, Clark County Department of Aviation, Federal Aviation Administration, Super, National Football League, FAA, NFL, Harry Reid International Airport, Henderson Executive Airport, North Las Vegas Airport, Boulder City Airport, Flexjet, Private, Associated Press, WM Phoenix, Super Bowl, Scottsdale Airport, Franklin, Signature Aviation, Dassault Falcon, Dassault, Bombardier Global, Gulfstream, Bombardier Locations: Las Vegas, Clark County, Vegas, North, North Las Vegas, Los Angeles, Glendale , Arizona, Arizona, Tokyo, Missouri, Baltimore, Nashville
Hundreds of private jets are expected to flood Las Vegas this weekend for Super Bowl LVIII. According to the agency, Super Bowl parking spot reservations are handed by aircraft service stations known as fixed-based operators, or FBOs. Scottsdale Airport in Arizona saw a deluge of private jets ahead of the Super Bowl in 2023. Wealthy flyers will also use private charter companies like flyExclusive and VistaJet to schedule a drop-off and pick-up before and after the Super Bowl. AdvertisementRepresentatives for Swift did not immediately respond to comment from BI regarding her planned Super Bowl travels.
Persons: Taylor, , Heidi Hayes, City's, Harry Reid, Henderson, Hayes, Leona Qi, Jim Segrave, LIV, Breitenfeldt, Ross D, Niall Mulcahy, Mulcahy, Taylor Swift, Travis Kelce, Swift, hasn't, Qi Organizations: Service, Las, Kansas City Chiefs, San Francisco 49ers, Clark, Clark County Department of Aviation, Federal Aviation Administration, Super, National Football League, FAA, NFL, Harry Reid International Airport, Henderson Executive Airport, North Las Vegas Airport, Boulder City Airport, Flexjet, Private, Associated Press, WM Phoenix, Super Bowl, Scottsdale Airport, Franklin, Signature Aviation, Dassault Falcon, Dassault, Bombardier Global, Gulfstream, Bombardier Locations: Vegas, Tokyo, Las Vegas, Clark County, North, North Las Vegas, Los Angeles, Glendale , Arizona, Arizona, Missouri, Baltimore, Nashville
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's no question the U.S. EV market is in a state of oversaturation: CFRA's Garrett NelsonGarrett Nelson, CFRA senior analyst, joins 'Squawk Box' to preview Tesla's quarterly earnings results, the electric vehicle market at large, and more.
Persons: CFRA's Garrett Nelson Garrett Nelson, CFRA Organizations: EV Locations: U.S, oversaturation
TikTok is inundated with videos of people saying they're leaving dating apps like Hinge and Raya. AdvertisementA flood of TikTokers say they're deleting dating apps like Hinge and Raya after having bad experiences. Other TikTokers have gone viral with theories about why dating apps have gone downhill, like oversaturation and companies prioritizing user growth. TikTok is rife with clips of people sharing terrible dating app experiences that they say led them to delete the app altogether. Some say they're avoiding dating apps to protect their mental health .
Persons: they're, it's, , Bianca Stelian's, Stelian, Tinder, Bumble, hasn't, I'd, @imnotbunny, inge, ory, ervices, haring, ate", ingle, aya Organizations: Service, ust Locations: ife, oman
The superhero factory hit a new low with the weekend launch of “The Marvels,” which opened with just $47 million, according to studio estimates Sunday. It was also the rare Marvel movie led by three women — Larson, Teyonah Parris and Iman Vellani. After numerous strike-related delays, the only Marvel movie currently on the studio’s 2024 calendar is “Deadpool 3,” opening July 26. While quite low for a $200 million movie, “Killers of the Flower Moon” is primarily an awards-season statement by Apple of its growing moviemaking ambitions. "The Marvels,” $47 million.
Persons: Brie Larson, Captain Marvel, , aren’t, Marvel ”, David A, Gross, Sony’s, Morbius, Nia DaCosta, — Larson, Teyonah Parris, Iman Vellani, Bob Iger, ” Gross, “ Barbie, Larson, Taylor Swift’s, Swift, Sofia Coppola's “ Priscilla, Cailee Spaeny, Priscilla Presley, Jacob Elordi, Martin Scorsese's, Alexander Payne's, Paul Giamatti, Comscore, “ Taylor Swift, “ Priscilla, Jake Coyle Organizations: Marvel, Research Entertainment, Walt Disney Co, Disney, Rotten, Warner Bros, , Universal Pictures, AMC Theatres, Apple Studios, Paramount Pictures, Apple, Sony's Locations: Bethlehem
LOS ANGELES (AP) — Taylor Swift’s reimagined “1989” is here, the album that ushered in the first Peak Swift era — revisited at the height of her massive pop culture dominance. Swift had shed the Nashville country roots of her first four studio albums and announced herself a full-fledged pop superstar. In 2014, that was Swift finding her pop sound with “1989.”In 2023, it’s becoming the most successful version of herself, and rereleasing “1989 ” while on the top of her game. She’s moved to NYC; she’s working with new people; she’s making synth pop. In 2023, Swift is more famous now than she was then, and she's still engaging with her celebrity in a very public way.
Persons: — Taylor, Swift, , Swift —, Jack Antonoff —, , Scooter Braun’s, it’s, Travis Kelce, Brittany Spanos, who’s, haven’t, Rebecca Jennings, , rereleasing, Spanos, New York University’s, Davis, Janet Jackson’s, Christina Aguilera’s “, Swift’s, She’s, Rachel Brodsky, couldn’t, ” Brodsky, Shania Twain, LeAnn Rimes, Brodsky, Kacey Musgraves, Maren Morris, Olivia Rodrigo, She’d, Beyoncé, Katy Perry, Taylor, Kanye, Drake, Kendrick Lamar, she's, Jennings, Taylor Swift’s, Blake Lively, Sophie Turner, Selena Gomez, she’s, Harry Styles —, ” Spanos, what’s Organizations: ANGELES, NFL, Kansas City Chiefs, Vox, New York, Davis Institute Locations: Nashville, New York, New, NYC, Buenos Aires, Argentina
The protagonists have remained mum about their actual status since Swift began attending Kelce’s games 1½ weeks ago. “There is not going to be a ‘Pre-Taylor Swift Era’ and a ‘Post-Taylor Swift Era’ for the NFL. So for us, it’s fantastic,” said Ian Trombetta, the NFL’s senior vice president of social, influencer and content marketing. “Is the NFL overdoing it?” Jason asked Travis on an episode of their podcast released Wednesday. '” the NFL's Trombetta said.
Persons: Eager, Taylor Swift, Travis Kelce, it’s, Brian McCarthy, Tay Tay, Swift, Gen, Taylor, , Rebecca Brooks, , Brooks, Ian Trombetta, , ” Trombetta, there's, Dan Snyder’s, “ We’ve, Patrick Mahomes, Joe DiMaggio, Marilyn Monroe, David Beckham, Tom Brady, Giselle Bunchen, “ There’s, Barbie ’, Joe Favorito, Kelce, Jason, Travis, Neal Pilson, Jerry Jones, ” Pilson, “ I’ve, Trombetta Organizations: National Football League, Kansas City Chiefs, NFL, Associated Press, Alter Agents, Kansas, Washington, Super Bowl, NFL Media, Chiefs, Philadelphia Eagles, NBC, Kansas City, New York Jets, CBS Sports, Dallas Cowboys Locations: Kansas City, New York, California, U.S, Travis
SANTA LUCIA, Mexico, Sept 20 (Reuters) - There is still work to be done with Mexican authorities to smooth over hiccups caused by the government-mandated move of cargo flights from the nation's busiest airport to a farther-away airport, a UPS executive said on Wednesday. UPS kicked off cargo flights at the Felipe Angeles International Airport (AIFA) - a year-old, military-run airport backed by the country's president - last month, said Francisco Ricaurte, the firm's Mexico and Latin America head, in an interview with Reuters at the hub. Mexico earlier this year ordered cargo carriers stop operating at the Mexico City International Airport (AICM), pushing them to use AIFA instead in a bid to reduce oversaturation at AICM. The decree applies only to flights carrying only cargo, while passenger flights are still permitted to bring cargo to AICM. Ricaurte said UPS was still using its storage facilities at AICM as well as the depot it jointly operates at AIFA.
Persons: Francisco Ricaurte, Ricaurte, Mexico Ken Salazar, AICM, Kylie Madry, Lincoln Organizations: UPS, Felipe Angeles International Airport, Latin America, Reuters, Mexico City International, Thomson Locations: SANTA LUCIA, Mexico, Latin, AICM, AIFA
A key test for EV sales and the adoption curve is coming
  + stars: | 2023-07-30 | by ( Tim Mullaney | ) www.cnbc.com   time to read: +10 min
The company says it will reach 400,000 cumulative units of EV production by early 2024 and that its EV business will reach profitability by 2025. "They have dozens of EV models over the next two to three years. watch nowAmong analysts who believe the stock is due for a bigger drop, expected EV sales disappointment is among the factors. But GM's EV plans come as Ford announced it is slowing down its plans to expand EV production to a 600,000 annual rate. "This will be the first year U.S. EV sales reach 1 million," Downey said.
Persons: Scott Mlyn, Brian Downey, Autotrader, Ford, Dan Ives, It's, they'll, Morgan Stanley, Adam Jonas, Mary Barra, Adam Jones, Colin Langan, Garrett Nelson, Chad Lyons, Lyons, Katie Minter, Rebecca Cook, Reuters Paul Jacobson, Jacobson, Ives, Downey, Tesla, Barra, they're, they've, Cox, Goodcarbadcar.net . Ford Organizations: Silverado, New York Auto Show, CNBC, General Motors, Cox Automotive, Kia, Porsche, Hyundai, Chevrolet Silverado, Wedbush Securities, Investors, GM, United Auto Workers union, Wall Street, Deutsche Bank, GMC Hummer EV, Chevy Silverado, GMC Sierra EV, Chevy Blazer, GMC, Blazers, Jaguar, Audi, North American, Reuters, EV, Cox, Ford's, Ford, Goodcarbadcar.net, Volkswagen, BMW – Locations: Detroit, Detroit , Michigan, U.S
Worklife Ventures founder Brianne Kimmel is launching a bootcamp for AI startups. Her firm has pledged $20 million to invest in those AI companies that complete the bootcamp. As part of the AI bootcamp, her firm is committing $20 million to invest into companies that complete the program. "I grew up in northeast Ohio, and a lot of friends from my high school are using this technology," Kimmel said. Formerly a grant program, AI Grant now makes $250,000 investments in AI companies.
The event may have created a compelling entry point for investors who have been on the sidelines of the long-term shift to electric vehicles. Electric vehicles are becoming much more popular in the U.S. but still make up a small portion of automobiles on the roads. Cutting prices certainly caught the eye of consumers and boosted interest in Tesla vehicles, according to data from Edmunds. And, there are still issues with electric vehicles that make them impractical for large groups of consumers, said Mike Ward, an analyst at The Benchmark Company. There’s also a huge potential in firms that make batteries, key parts of electric vehicles that are also seeing surging share prices.
Tesla spurred an EV price war earlier this month, with price cuts to its most popular models. But GM said Tuesday it won’t make cuts to its electric vehicles. The automaker will not be responding to the latest price cuts from Tesla and Detroit-rival Ford by cutting prices for its own electric cars, chief financial officer Paul Jacobson said on a Tuesday media call ahead of GM's fourth quarter earnings call. Facing weakening demand, Tesla slashed the prices of some of its most popular models earlier this month. GM CEO Mary Barra said Tuesday she is confident the company is well-positioned with its current EV prices.
And there are questions about the quality of care at urgent care centers and whether they adequately serve low-income communities. Additionally, passage of the Affordable Care Act in 2010 spurred an increase in urgent care providers as millions of newly insured Americans sought out health care. Private-equity and venture capital funds also poured billions into deals for urgent care centers, according to data from PitchBook. Equity concernsSome doctors and researchers worry that patients with primary care doctors – and those without – are substituting urgent care visits in place of a primary care provider. There are also concerns about the oversaturation of urgent care centers in higher-income areas that have more consumers with private health care and limited access in medically underserved areas.
Marketing and customer acquisitionBeatrice Dixon, a cofounder and the CEO of the Honey Pot Company. Beatrice DixonBeatrice Dixon, a cofounder and the CEO of the feminine-care brand Honey Pot Company"Continued market saturation. I think there will be dilutive market saturation, and the challenge then becomes the ability to actively communicate your 'why' through undeveloped tactics or channels." After IOS14 privacy updates, social ads do not work like they used to, so founders need to get creative in how they are acquiring new customers." Consumers can also agree that we don't need more content, ideas, or strategies.
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