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Solar panel manufacturer First Solar emerged as this week's biggest gainer, with shares surging 26.3% as of Friday morning. Approximately 41% of analysts covering the stock rate it a buy, according to FactSet. To be sure, the stock is already 2.6% above analysts' consensus price target. More than half of analysts covering Albemarle rate it a buy, according to FactSet data. The stock is up approximately 15% in 2023, and analysts estimate additional 6% growth, based on the average price target.

☆ Gig work value is too great to rush a US overhaul
▼ + stars: | 2023-05-11 | by ( Ben Winck | ) www.reuters.com time to read: +4 min

Julie Su, the president’s choice for labor secretary, has a history of redefining gig work. And while health insurance and retirement savings are valuable perks, gig workers view flexibility in the same way. Half of surveyed gig workers, meanwhile, make less than a quarter of their income from freelancing. Gig work has also grown alongside traditional employment, not at its expense. With most gig workers happy as they are, a one-size-fits-all rethink threatens pointless harm to a growing corner of the economy.

☆ Etsy launches wedding registry service for handmade gifts in wake of Bed Bath & Beyond bankruptcy
▼ + stars: | 2023-05-10 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +3 min

Etsy launched a wedding registry service Wednesday. The move comes as some stores roll back wedding registry services and on the heels of Bed Bath & Beyond's bankruptcy. In conjunction with the launch of the registry service, Etsy published several blog posts outlining popular wedding trends and gift ideas. Personalized wedding and bridal gifts have long been popular on Etsy and frequently showcased in gift guides. Other recent retail closures, restructurings, and bankruptcy filings from companies like JCPenney, Lord & Taylor, Barneys, and Neiman Marcus have also impacted the registry market, retail expert Burt Flickinger told CNN.

☆ I've made $730,000 in sales since I started my Etsy shop 3 years ago. Here's how I list my items and choose what to sell.
▼ + stars: | 2023-05-10 | by ( Lola Christina Alao | ) www.businessinsider.com time to read: +5 min

I started my Etsy business in April 2020. I've tried printing on demand for items such as tote bags, shoes, and shower curtains. I quit my job 18 months after starting my Etsy businessIn June 2021, I quit my customer-service job. I now work on my Etsy business full time. I've made $730,000 in revenue from Etsy since I started in March 2020.

☆ Etsy is wasting no time jumping into the wedding registry business
▼ + stars: | 2023-05-10 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +3 min

While Bed Bath and Beyond and its popular wedding registry service teeter on the edge, Etsy is stepping in to fill any potential void. Etsy announced on Wednesday that the online marketplace for handcrafted items is launching its own wedding registry. In addition to selecting registry items from Etsy’s vast offerings of handmade and vintage items, the company said the Etsy Registry will also provide couples with a personalization service for nuptial-related paraphernalia, such as wedding decor and bridal party items. “So, launching Etsy Registry was a natural next step,” she said. Etsy has launched its own wedding registry called Etsy Registry.

☆ This couple paid $200,000 for their 180-year-old rainbow farmhouse and spent just as much on renovations—take a look inside
▼ + stars: | 2023-05-09 | by ( Celia Fernandez | ) www.cnbc.com time to read: +7 min

The two sat down together and drew a circle around New York City on a map and started looking for where they could buy land for a farm. The 180-year-old farmhouse originally sat on 40 acres of land. The couple initially bought 16 acres, but was eventually able to buy the entire property back. Two months and 25 viewings later, they saw a 180-year-old farmhouse on 16 acres of land in Kingston, New York. Over time, Katwise and Brown were able to buy the other 24 acres, which brought the property back to its original size.

☆ A millennial who tests out side hustles explains what actually makes money quickly and which ones you should skip
▼ + stars: | 2023-05-07 | by ( Madison Hoff | ) www.businessinsider.com time to read: +9 min

He doesn't recommend trying to start a YouTube channel or voice work if you're looking to make money quickly. Under his handle @sidehustlereview, he tells 100,000 TikTok followers what he learns, including what makes money, and the time involved. My For You page is just side hustle after side hustle," Ryan told Insider. In addition to UGC, the other top side hustles Ryan recommends are hauling junk and being a virtual assistant. "I get so many personal messages saying they are so thankful that I'm trying these things and letting them know the truth and that really makes me feel good," Ryan said.

☆ Threat of TikTok ban has creators scrambling to build followings on Instagram, YouTube
▼ + stars: | 2023-05-06 | by ( Ashley Capoot | ) www.cnbc.com time to read: +9 min

Politicians have been threatening a nationwide TikTok ban unless ByteDance sells its stake in the app, a move China said it "strongly" opposed. "That's the power of TikTok," Spangler said, adding that the app drives the majority of sales for his business, The Good Chad. Olivier Douliery | Afp | Getty ImagesIn April, Montana legislators approved a bill that would ban TikTok from being offered in the state starting next year. Creators are turning to other platformsVivian Tu, who lives in Miami, has been preparing for a possible TikTok ban by working to build her audience and diversify her content across multiple platforms. With the looming threat of a TikTok ban, Foster said she's been sharing content across Instagram, YouTube and Twitter to try to expand her following.

☆ A millennial business owner who says TikTok helped him generate $100,000 in sales last year explains why he's taking steps to pivot to YouTube as a backup — but avoiding Instagram and Facebook
▼ + stars: | 2023-05-04 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +8 min

He says a US ban of TikTok could crush his business, but he doesn't want to pivot to Instagram. The majority of his customers find him through TikTok, Spangler said, where he has over 237,000 followers across two accounts. "The immediate impact of a TikTok ban would be a loss of my primary income source." In April, Montana legislators voted in favor of a bill that would ban TikTok within state lines. But ideally, Spangler said, TikTok will avoid a ban and he won't have to rely too much on a pivot to YouTube.

☆ Futures waver as PacWest slide offsets Fed pause optimism
▼ + stars: | 2023-05-04 | by ( ) www.reuters.com time to read: +3 min

The Fed over the past 14 months has raised rates by 500 basis points to tame price pressures in its most aggressive policy tightening since the 1980s. The KBW Regional Banking index (.KRX) and S&P 500 Banks index (.SPXBK) have lost around 29% and 15% so far in 2023. Investors will also monitor weekly jobless claims for further clues on the state of the labor market. Qualcomm Inc (QCOM.O) slumped 6.7% after third-quarter forecasts missed estimates, while Etsy Inc (ETSY.O) gained 3% on beating expectations for quarterly revenue. Reporting by Ankika Biswas in Bengaluru; Editing by Shounak DasguptaOur Standards: The Thomson Reuters Trust Principles.

May 3 (Reuters) - Etsy Inc (ETSY.O) on Wednesday beat market expectations for quarterly revenue, benefiting from demand for products such as personalized gifts offered on its e-commerce platform as well as higher transaction fees, sending the company's shares up about 2% in extended trading. Net revenues rose 10.6% to $640.9 million in the quarter ended March 31, compared with analysts estimate of $622.1 million, as per Refinitiv IBES data. The company forecast second-quarter revenue between $590 million and $640 million, while analysts expected $625.4 million. Etsy's first-quarter adjusted EBITDA, a measure of profitability, came in at $170.3 million, while analysts on average were expecting $166.6 million. Reporting by Granth Vanaik in Bengaluru; Editing by Shailesh KuberOur Standards: The Thomson Reuters Trust Principles.

☆ Meet Kim Posnett, the powerful Goldman Sachs dealmaker who was just named head of the investment bank's TMT unit
▼ + stars: | 2023-05-03 | by ( Reed Alexander | ) www.businessinsider.com time to read: +10 min

Kim Posnett was just named head of Goldman's all-important TMT investment banking group. Posnett, 43, has long been one of the most senior figures at Goldman's investment bank. Posnett was previously the head of Goldman's investment-banking services unit, which acts as a salesforce for the global IB division. The former co-head of Goldman's TMT franchise will become co-chairman of the unit. The former would result in the IB services group, which functions, in effect, as a sales force.

☆ Stocks making the biggest moves after hours: PacWest, SolarEdge, Etsy, Qualcomm and more
▼ + stars: | 2023-05-03 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

Etsy — Etsy jumped 6.7% after beating first-quarter revenue expectations. The online marketplace focused on handmade goods reported revenue of $641 million, topping the estimate of $622 million, according to consensus data from Refinitiv. TripAdvisor — TripAdvisor slid 6.2% after disappointing first-quarter earnings results. The online travel firm posted adjusted earnings of 5 cents per share, lower than the consensus forecast for 7 cents per share, according to Refinitiv. The firm reported a loss of 6 cents per share, better than the 8 cents per share loss expected by analysts, according to Refinitiv.

☆ Morning Bid: Bank reverb frames Fed decision
▼ + stars: | 2023-05-03 | by ( ) www.reuters.com time to read: +5 min

While there was some minor repricing of Fed probabilities in the futures market, the latest bout of bank stock nerves is unlikely to change the Fed's course on its own. A White House economist on Tuesday said Fed rate hikes were having a negative impact on the banking sector. Signs of some loosening of a very tight labor market may also encourage the Fed that its rate hiking job is done after this week. Private sector job readings for April are due later today along with service sector surveys for the month. With the Fed in view alongside the debt ceiling crunch and bank stock retreat, longer-term Treasury bonds rallied.

☆ FDIC calls for higher deposit insurance cap after bank failures
▼ + stars: | 2023-05-01 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +2 min

New York CNN —The Federal Deposit Insurance Corporation is advocating for an increase in the deposit insurance limit for business payment accounts following the three recent bank failures. It also provided temporary unlimited deposit insurance to non-interest bearing accounts in the wake of the Great Recession. The agency’s proposal, outlined in a report it released Monday, did not specify what it thinks would be an appropriate increased level of deposit insurance for business payment accounts. The FDIC considered two other deposit insurance reforms: raising the insurance cap across all bank accounts, and extending unlimited deposit insurance to all accounts. Increasing the insurance cap on business payment accounts would likely result in increasing the premiums that banks pay to the FDIC.

☆ An ex-Walmart cashier made $6 million in revenue in 3 years selling things online. Here's how she got started and her top 5 tips for print-on-demand products.
▼ + stars: | 2023-04-30 | by ( Laila Maidan | ) www.businessinsider.com time to read: +10 min

It's a low-cost way to sell products online because you don't need inventory. She had purchased an ebook about how to make money online and then realized it had an affiliate link she could promote. Finding something that stuckIt was around this time that she began dabbling with print-on-demand products. The demand was strong from others who were also offering print-on-demand products. She estimates that about 30% of the revenue came from selling her print-on-demand products.

☆ Markets next week have to contend with how aggressive the Fed drumbeat sounds
▼ + stars: | 2023-04-28 | by ( Scott Schnipper | ) www.cnbc.com time to read: +8 min

"Is Chairman Powell going to say, 'It is likely that we pause now and assess what the economy is going to do?' "The tone on that balance is going to be very critical to how the market is going to move next week." "What is [Powell] going to do? June Fed meeting The betting on Wall Street right now is that, after next week, the Fed will standpat at its next meeting six weeks later, on June 13-14. Beyond Apple, some 161 other companies in the S & P 500 index are scheduled to report latest-quarter results next week.

☆ I've made $10 million in sales for my Amazon coffee grinder brand. Here's how I got started and found success.
▼ + stars: | 2023-04-27 | by ( Madeline Stone | ) www.businessinsider.com time to read: +5 min

But my e-commerce success really started after I launched my coffee accessories brand, Kaffe, on Amazon in mid-2019. I spent day and night thinking about the best way to position the coffee grinder so it would get to the top of Amazon's rankings. My sales started to grow. Amazon has its own coffee grinder that it sells under its Amazon Basics private label, and it retails for a couple of dollars less than Kaffe's does. On Amazon, you're either growing, or you're really dying, and the fees will eat you alive if you're not doing any volume.

☆ Artificial intelligence is a $38 billion revenue opportunity for retailers. Here's how to play the trend
▼ + stars: | 2023-04-22 | by ( Michelle Fox | ) www.cnbc.com time to read: +15 min

Morgan Stanley estimates that in 2022, only 23% of the $4.3 trillion of U.S adjusted retail spending was online. Add in AI, which can drive better shopper experiences or better conversion, it could bump to 9% or possibly 10% CAGR, he said. Eventually, AI can help retailers pitch tailored products to each potential customer based on their prior history. You might see it in the member services experience in having a better opportunity to get customer support," he said. As retailers move ahead in their plans to integrate AI into their business, some will build the capabilities.

☆ Tax Day: Here's what you need to know if you haven't filed your return yet — and even if you have
▼ + stars: | 2023-04-18 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +10 min

New York CNN —It’s April 18, the official deadline to file your federal and state income tax returns for 2022. Whether you have already filed your tax return or still need to, the good news is this tax filing season has gone much more smoothly than the past three, which were hurt by the pandemic. But you may want to anyway if you think you are eligible for a refund thanks to, for instance, refundable tax credits such as the Earned Income Tax Credit. If you’ve already filed your return, you’re probably glad to have it in the rear view mirror. But one thing is common for the vast majority of US tax filers: Audit rates are exceedingly low.

☆ Print-on-demand sellers who make 6 figures a year share 7 strategies for standing out on Etsy — and getting a store started with low up-front costs
▼ + stars: | 2023-04-18 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +9 min

Insider spoke with three Etsy sellers who've made six figures on the platform in a year with print-on-demand products. Take inspiration from other sellers' designs — but don't copy themChristina Umerez, 27, made 324,839 Canadian dollars, or about $241,015, from her Etsy store last year. Umerez said she used eRank, a platform that helps Etsy sellers find "low-competition, high-search" keywords related to topics. Dobosenski found mock-up images of models that matched the style she wanted from other Etsy sellers. Umerez used EverBee, a market-research browser extension that showed her all the tags other sellers used and how many searches each tag got.

☆ I made $2 million in revenue selling my study notes. Here's how I grew my business into merch, brand deals, and YouTube.
▼ + stars: | 2023-04-16 | by ( Claire Turrell | ) www.businessinsider.com time to read: +5 min

Beggs now works full time as an ER nurse at UCLA, posts on YouTube and TikTok, and runs her store. Here's how I expanded my business from selling notes to creating merchandise, working with brands, and filming YouTube content. As I created more notes, I started selling bundles on similar topics from $20 to $40 each. Expanding my offeringsOnce I'd completed all the study notes, I started to think about what else nurses might need. I also launched an Amazon storefront filled with nursing products, and I get a percentage of the sale if anyone uses my link.

☆ From one of Britain's most popular toys to the target of police raids: how a children's doll became a symbol of racism
▼ + stars: | 2023-04-16 | by ( Isobel Van Hagen | ) www.businessinsider.com time to read: +6 min

A police raid on a bar just outside of London renewed a debate over racist dolls. But despite the long history of the racist trope, the debate over the doll's place in British culture continues. Revellers take part in the Children's Parade at Notting Hill Carnival in London, Britain, August 28, 2022. But it does appear that there is some gradual shift in public opinion happening with the dolls. Nevertheless, the enduring popularity of the blackface doll creates the impression "that we live in a post-racial society," Scott said.

☆ The most overbought S&P 500 stocks include one fast food giant
▼ + stars: | 2023-04-15 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

The S & P 500 rose about 0.8% this week, notching its fourth weekly advance in five weeks. However, the S & P 500's steady run of late made several stocks overbought. CNBC Pro screened for S & P 500 stocks in overbought territory, based on their relative strength index. Too oversold CNBC Pro also searched for oversold S & P 500 stocks that could be due for a bounce. Qorvo shares have lagged the S & P 500 this year, advancing just 3.2%.

☆ Last-minute tax-filing tips
▼ + stars: | 2023-04-13 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +7 min

New York CNN —So far this tax season, the IRS has received more than 90 million income tax returns for 2022. If yours is among them, here are some last-minute tax-filing tips to keep in mind as the Tuesday, April 18 deadline approaches. But you may want to anyway if you think you are eligible for a refund thanks to, for instance, refundable tax credits such as the Earned Income Tax Credit. Proofread your return before submitting it: Do this whether you’re using tax software or working with a professional tax preparer. Note, however, that an extension to file is not an extension to pay.

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