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☆ A founding father of Utah's VC industry is stepping back as accusations of sexual harassment surface
▼ + stars: | 2024-07-17 | by ( Melia Russell | Rosalie Chan | ) www.businessinsider.com time to read: +22 min

Eyes closed, she listened as the Mercato Partners cofounder Greg Warnock stepped into the living room of his houseboat. Before starting Mercato, Warnock bought a large stake in a chemical-distribution business and made his first few millions in the acquisition. For an aspiring investor in Silicon Slopes, Mercato Partners seemed the place to be. They say the complaints from female Mercato employees are emblematic of religious and social norms that place women in the home. Mercato Partners no longer promotes Savory Fund or Prelude on its website following an organizational shake-up.

Persons: Powell, Elizabeth Moore, Greg Warnock, Moore, Warnock, Melia Russell, Jim Dreyfous, Paul Ahlstrom, Mercato, Emma Jackson, Elizabeth Moore's, Lake Powell, Mr, Staci, McCubbins, feely, David Bateman, Bateman's, Josh James, James, machismo, David McNew, Alan Hall, Jackson, wouldn't, Matthew Ashton, something's, massages, Melissa Walred, Walred, Greg, There's, gleeful Warnock, he'd untangle, Joe Kaiser, Ryan Sanders —, Savory, Warnock's, Davis Warnock, Davis, Victor Charlie, Larry H, TMRS, Staci McCubbins, Rosalie Chan Organizations: Mercato, Business, Lambda, Mercato Partners, BI, Opportunity, Thermal, vSpring, Beehive State, Getty, Pelion Venture Partners, Miller Company, Missouri State Employees, System, Nationwide Insurance, Family Insurance, Los, Employees, Association, Saudi Aramco, Google, Facebook Locations: Utah, Mercato, Lake, Coachella, Powell, Beehive, Silicon Slopes, Salt Lake City, Cottonwood Heights, Tibet, Missouri, Texas, Los Angeles, Saudi

☆ I live in Lithuania, the happiest place on earth for under 30s. As a very happy 28-year-old, here's what it's like.
▼ + stars: | 2024-07-17 | by ( Lauren Crosmedlicott | ) www.businessinsider.com time to read: +7 min

Read previewThis as-told-to essay is based on a transcribed conversation with a digital marketer Aivaras Vilutis, about being a 28-year-old living in Vilnius, Lithuania. I've lived here most of my adult life. Vilnius is an affordable location for young peopleWhile working in Vilnius, I've earned more than my parents did in their small town. I prefer Vilnius to other places I've lived as a young personI love my country. I don't think people in old age would classify Lithuania as one of the happiest places in the world.

Persons: —, Aivaras, I've, I'd, didn't, We're, I'm Organizations: Service, Business, NASA, Nord Security Locations: Vilnius, Lithuania, Lithuanian, neurophysics, America, Kaunas, Klaipėda, Western Europe, Eastern Europe, Italy, it's, Soviet, Portugal

☆ 11 top tech stocks to buy for up to 41% upside as strong Q2 earnings spark another major rally
▼ + stars: | 2024-07-17 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

Few voices in markets have matched Ives' zeal for tech stocks in recent years. "The AI revolution is the strongest tech trend we've seen in 40 years," Ives said. "And anyone that thinks different will be proven wrong because the growth is so outsized in the tech sector." 11 tech stocks to buy nowWhile Wedbush is bullish about tech broadly, Ives and his colleagues are most excited about 11 stocks that are either exceptional tech giants or leading cybersecurity companies. Below are those 11 stocks along with the ticker, market capitalization, price target, and upside to that target for each.

Persons: —, Dan Ives, Ives, monetization Organizations: Service, Wedbush Securities, Business, Nvidia, Microsoft, Wall, Tech

☆ Here are Wednesday's biggest analyst calls: Rivian, Nvidia, Apple, Micron, Microsoft, Sweetgreen, Tesla, Netflix & more
▼ + stars: | 2024-07-17 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Wednesday's biggest calls on Wall Street: Morgan Stanley reiterates Rivian as overweight Morgan Stanley raised its price target on Rivian to $17 per share from $13. UBS reiterates Apple as neutral UBS said it sees Apple results as "in-line" when the company reports on Aug. 1. UBS initiates Sweetgreen as buy UBS said the restaurant chain has "margin potential." Guggenheim reiterates Netflix as buy Guggenheim said it's sticking with its buy rating on Netflix heading into earnings Thursday. UBS reiterates Micron as buy UBS said it's sticking with its buy rating on shares of Micron.

Persons: Morgan Stanley, Rivian, Jefferies, Bernstein, TD Cowen downgrades Charles Schwab, Cowen, Schwab, it's, Morgan Stanley downgrades, TD Cowen, 2H24, Tesla, Oppenheimer downgrades Morgan Stanley, Oppenheimer, Guggenheim, Needham Organizations: VW, Susquehanna, Nvidia, AMD, UBS, Apple, Chevron, bbl, Deutsche Bank, Deutsche, Valero, Mizuho, Citi, Hershey Citi, TD Cowen downgrades, Airlines, Barclays, MasterCard Citi, Mastercard, " Bank of America, Bank of America, Enterprise, NASDAQ, HSBC, Qualcomm, Netflix, Micron, Microsoft

Andreessen and Horowitz are the latest and most prominent members of the startup investing community to publicly support Trump. Up until now, there have been pockets of vocal Trump support within Silicon Valley, including conservative provocateur Peter Thiel, the pugnacious hosts of the All-In podcast, and Palantir co-founder Joe Lonsdale. WE HAVE A FORMER TECH VC IN THE WHITE HOUSE. Most of the VCs Business Insider spoke to were unanimously against Kahn. "If it is Biden vs. Trump officially, I think many '"never Trumpers" will go with Trump," said a Bay Area VC.

Persons: —, Andreessen Horowitz, Ben Horowitz, Marc Andreessen, Donald Trump, Sen, JD Vance, Peter Thiel's, Steve Case, Andreessen, Horowitz, provocateur Peter Thiel, Palantir, Joe Lonsdale, Elon Musk, who's, Joe Biden, Vance, Trump, IT'S JD VANCE, WE, MAGA, he's, Bradley Tusk, Chuck Schumer, Tusk, Lina Khan, That's, what's, Kahn, Lina Kahn, Khan, Biden, they're, David Hornik Organizations: Service, The Little, Business, Trump, Wall Street, Founder's Fund, TECH, Democratic, Biden, FTC, SEC, Bay, Republican, Sequoia Capital, Lobby Locations: America, Silicon Valley, New York, Delian, San Francisco, Silicon, There's

☆ Investors may want to think twice before buying that next hot IPO. Here's why
▼ + stars: | 2024-07-17 | by ( Brian Evans | ) www.cnbc.com time to read: +4 min

Instead of getting a young company with a lot of growth ahead, IPO investors are getting stocks that are already near the top of their valuations, Morgan Stanley argues. Experts say that despite barriers to investment — like high net worth standards and regulatory scrutiny — the shift to private markets is hard to stop. Deepwater offers venture capital funds that provide access to private market companies at early stages. To be sure, novice investors face hurdles exploring private markets, including steep fees and the lack of a public exchange investment vehicle. He added that public markets are still ripe with opportunity and shouldn't be ignored for the sake of private market investing.

Persons: Morgan Stanley, Edward Stanley, That's, Stanley, who's, Gene Munster, Paul Meeks, Meeks, Munster, shouldn't Organizations: Asset Management, Piper, Deepwater, Management, Federal Locations: Snowflake, Airbnb, London, Munster

☆ Goldman's top stock strategist explains why small caps are rallying so much
▼ + stars: | 2024-07-16 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

The small-cap benchmark Russell 2000 jumped 2% on Tuesday, heading for its fifth straight winning day. Small-cap companies are especially sensitive to rate policy, as their financing costs rise when interest rates are high. Falling rates could be a boon for these names, said Kostin, Goldman's chief equity strategist, on CNBC's " Squawk on the Street ." In that period, the Russell 2000 Index has added more than 11%, compared with the S & P 500 's 4% advance. In 2024, the S & P 500 has surged more than 18%, while the Russell 2000 has added 10%.

Persons: Goldman Sachs, David Kostin, Jerome Powell, Russell Organizations: Russell, Federal

☆ A trainer-heiress power couple created the fitness juggernaut Pvolve. Then came a divorce, an arrest, and Jennifer Aniston.
▼ + stars: | 2024-07-16 | by ( Kate Taylor | ) www.businessinsider.com time to read: +43 min

Around the dinner table in the early 2000s, David Katzman would quiz his kids about their dream startups. ModelFit employees told BI that Gelband used the Pelvicore Pro only with the permission of its creator, the physical therapist Christina Christie. Once, in October 2018, David Katzman met with Facebook's ad team to discuss SDC's before-and-after advertisements, which violated the tech company's policies. SDC employees worked on Pvolve marketing campaigns, and Pvolve employees took trips on David Katzman's jet. "He didn't come from anything, and he spent years and years building up the business," the person close to Pasterino told BI.

Persons: Stephen Pasterino, Pasterino, he'd, hadn't, Rachel Katzman, who'd, Katzman, Pvolve, Jennifer Aniston, David Katzman, bankrolled, —, Laura Quintana, Stephen, Erik Connolly, Connolly, John Mayer, Nietzsche, Dan Gilbert, David, Gilbert, Usher, Jordan, decanting, Justin Gelband, ModelFit, Taylor Swift, Gelband, Vanessa Packer, Bryan Bedder, we'll, didn't, Woody Allen's, Vera Wang, Katzman's, I've, Cynthia Hannah, Blanca Padilla, Pasterino's, Justin Gelband's, Tracy Anderson's, cofounders, Packer, Christina Christie, Christie, Jordan Katzman, David Katzman's, Camelot, Julie Cartwright, Pvolve's, Cartwright, Hannah Bronfman, Nadine Leopold, Tim P, Pvolve didn't, Quintana, Rachel, SmileDirectClub, Jamie Dimon, Olivia Culpo, Craig Barritt, Bethenny Frankel, Madelaine Petsch, Lola tampons, They'd, Mara, ThreeForm, loaning, Hannah, Christie Brinkley, Monica Schipper, she'd, Rebecca Minkoff, Lindsay Pinchuk, Pamela, couldn't, Kathryn Delacruz, Madison Krause, Krause, Delacruz, " Krause, Pvolve's attorney's, Aniston's, Aniston, Jennifer, Jennifer Aniston's, Connelly, SDC's cofounders, — Pasterino, ThreeForm hasn't, Sarah VanZalen, there's, Erewhon, WWD, Tim Michaels, franchisors, Michaels, they've, Aperol Organizations: SoHo, Pvolve, Los Angeles ., Depot, DeeKay Enterprises, Quicken Loans, Cleveland Cavaliers, Camelot Venture Group, New, ModelFit, GQ, Getty, Hamptons, Beverly Hills Hotel, Cosmopolitan, BI, Gray Institute, SDC, Camelot, Lionsgate, Facebook, Whitby, Ventures, . Press, Miss, Employees, Naboisho Conservancy, Katzman's, Southampton, Pvolve Facebook, LinkedIn, Health, Forbes, Workers, Industry Locations: Pvolve, New York, Chicago, Los Angeles, Hammonton , New Jersey, Atlantic City, Jersey Shore, Franklin , Michigan, Michigan, Detroit, Las Vegas, Beverly, SoHo, Ibiza, France, Paris, Vogue, California, ModelFit, Covent, London, Riverdale, New Jersey, Pasterino, Italy, Kenya, Naboisho, Nashville, San Diego, New York City, shuttering, Ann Arbor , Michigan, ThreeForm, Angeles, Malibu

☆ Huma, a London-based healthcare startup, just raised $80 million to offer new AI services using this 11-slide pitch deck
▼ + stars: | 2024-07-16 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Read previewHuma, an AI digital healthcare company, has raised $80 million in Series D funding. "AI is core to how we build scalable digital health solutions," Huma CEO Dan Vahdat, told Business Insider. "It is a challenging environment for digital health companies in general, particularly with the public markets being down," Vahdat added. The company's $80 million Series D funding round was raised by new and existing investors such as AstraZeneca, Hat Technology Fund 4 by HAT SGR, HV Fund by Hitachi Ventures, and Leaps by Bayer. Check out Huma's 11-slide Series D pitch deck below:

Persons: —, Dan Vahdat, Huma, Sifted, Vahdat Organizations: Service, Business, Bayer, AstraZeneca, Hat Technology, HAT, Hitachi Ventures Locations: Swedish

☆ Prime Day is a big marketing event for Amazon, says Evercore ISI's Mark Mahaney
▼ + stars: | 2024-07-16 | 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 EmailPrime Day is a big marketing event for Amazon, says Evercore ISI's Mark MahaneyMark Mahaney, Evercore ISI head of internet research, joins 'Squawk on the Street' to discuss his thoughts on Amazon's standing among the world's top tech companies, how important Prime Day is to Amazon's quarter, and more.

Persons: Evercore, Mark Mahaney Mark Mahaney Organizations: Amazon

☆ 'Best idea...ever': Fund manager predicts 10-fold rise in this e-commerce stock
▼ + stars: | 2024-07-16 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

Jumia Technologies , a pan-African e-commerce company listed on the New York Stock Exchange, could see its value increase tenfold or more in the coming years, according to hedge fund manager Josh Koren. The company's stock has surged over 270% year-to-date, but Koren, a portfolio manager and chief investment officer of Musketeer Capital , believes it still has significant room to run. Jumia's stock has experienced significant volatility since its initial public offering in 2019. "This company right now is only a $1.2 billion company. "The U.S. has a trillion [dollar e-commerce market cap company].

Persons: Josh Koren, Jumia, Koren, They're, Elon Musk's Starlink, Fawne Jiang Organizations: Technologies, New York Stock Exchange, Musketeer, CNBC Pro, Jumia, Benchmark Locations: Africa, China, Asia, tailwinds

☆ Elon Musk, Tucker Carlson, and David Sacks personally lobbied Trump to pick Vance: report
▼ + stars: | 2024-07-16 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +4 min

Read previewTesla billionaire Elon Musk, former Fox News host Tucker Carlson, and venture capitalist David Sacks personally lobbied Donald Trump to select JD Vance as his running mate, according to Axios. Axios said that a secret lobbying campaign continued into Monday morning, led by key figures such as Musk, Carlson, and Sacks. Tucker Carlson praised JD Vance after he was announced as Trump's VP nominee. Advertisement"When the Twin Towers came down, JD Vance enlisted in the Marine Corps, gung-ho to exact justice on America's enemies," Sacks wrote on X. Representatives for Donald Trump, JD Vance, Elon Musk, Tucker Carlson, and David Sacks did not immediately respond to requests for comment.

Persons: —, Elon Musk, Tucker Carlson, David Sacks, Donald Trump, Vance, Trump, Mike Allen, Doug Burgum, Sen, Marco Rubio —, Axios, Carlson, Sacks, Carlson's, Rupert Murdoch, doesn't, JD Vance, Ivan Apfel, JD, America's Hitler, Sean Hannity Organizations: Service, Fox News, GOP, Business, Truth, CNN, — North Dakota Gov, Trump, Politico, Federal Trade, Big Tech, Marine Corps Locations: Ohio, United States, —, Ukraine, Israel, Europe, American

☆ The next hot jobs for Gen Z
▼ + stars: | 2024-07-16 | by ( Aki Ito | ) www.businessinsider.com time to read: +8 min

Silicon Valley has been laying off workers by the tens of thousands, making tech work almost impossible to come by. Millennials believed they were heading to Silicon Valley in service of a lofty mission. AdvertisementIf Silicon Valley is going out of vogue, what will take its place as the next hot destination? Civil service doesn't come with the pay or the glamour of tech jobs, but it offers the stability that college students say they want. When I speak to college students these days, I'm struck by how they lack the naivete I suffered from when I was their age.

Persons: Zers, Tesla, Instagram, Christine Cruzvergara, You've, Cruzvergara, Gen, Millennials, Lehman Brothers, Jude Children's, ironies, I'm, they're, they'll, Aki Ito Organizations: National Society of High School, Disney, Google, Facebook, Dow Chemical, Tech, Big Tech, Jude Children's Research, Mayo, Disease Control, FBI, NASA, CIA, CDC, Big Tech's, Star, Business Locations: Silicon, Silicon Valley, Washington

☆ 4 Gen Zers on track for financial independence explain the mix of passive income, businesses, and sacrifices it took to get there
▼ + stars: | 2024-07-15 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +10 min

Four Gen Z Americans told Business Insider they've followed the principles of the FIRE — financial independence, retire early — movement to achieve a high net worth before their 30th birthdays. But all four emphasized that their sacrifices and risks earlier in life may be the key to their financial stability down the road. Cody Berman, entrepreneur and "passive income expert"Cody Berman hit financial independence at 25 but continues to help others achieve their financial goals. Courtesy of Cody BermanCody Berman, 28, hit financial freedom at 25 but has no plans to retire early. His net worth is about $2.8 million, but he drives a 2015 Nissan truck approaching 100,000 miles.

Persons: —, Gen Z, they've, Cody Berman, Cody Berman Cody Berman, Berman, I'm, " Berman, Bosch, Louis, Roth, Amber Smith, Amber Smith Amber Smith, Smith, she's, Cory Sarkisian, Sarkisian, They've Organizations: Service, Transamerica Center, Retirement Studies, Business, Boeing, Navy, Nissan, Gold City Ventures, Bosch, eBay, Honda Civic, Roth IRA, Savings Locations: St, California, West Des Moines, San Diego, Hawaii, Connecticut, New Zealand

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Tesla, Microsoft, Amazon, Advanced Micro Devices and more
▼ + stars: | 2024-07-15 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Morgan Stanley reiterates Apple as overweight Morgan Stanley raised its price target on the iPhone maker to $273 per share from $216. Morgan Stanley downgrades BP to equal weight from overweight Morgan Stanley downgraded the oil major due to "weak earnings." Morgan Stanley reiterates Microsoft as overweight Morgan Stanley said it has "increased clarity" on AI monetization. Citi names KLA Corp. a top pick Citi raised its price target on the semiconductor equipment maker to $980 from $760. Morgan Stanley downgrades Rocket Lab to equal weight from overweight Morgan Stanley said it sees a "limited catalyst path" for the space company.

Persons: Morgan Stanley, Apple, Morgan Stanley downgrades, TD Cowen, Teck, Baird, CARR, Zeta, John Donovan, AAPL, Wells, Tesla, underperform Wells, it's, Evercore, it's bullish, DDOG Organizations: Netflix, Nvidia, Devices, AMD, Citi, Electronic Arts, College Football, BMO, Teck Resources, JPMorgan, Biosciences, Zeta Global, Citi downgrades Bank of New York Mellon, Bank, New York Mellon, Apple, IOL, Amazon, UW, CIO, Susquehanna, Caesars, MGM, PENN, Bank of America, KLA Corp, OW, Department of Defense Locations: 2H24, Dell, Teck, TSLA, Las Vegas

☆ 65-year-old quit his job and emptied his life savings to start a business—now he's worth $11 billion
▼ + stars: | 2024-07-15 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +7 min

Not really," Chaudhry, the billionaire founder and CEO of cloud security company Zscaler, tells CNBC Make It. Together, they plunged their life savings — roughly $500,000 — into SecureIT, a cybersecurity software startup they co-founded in 1997. His timing was perfect: In 1998, Chaudhry sold SecureIT to VeriSign in an all-stock deal worth nearly $70 million. I said, "If [Netscape co-founder] Marc Andreessen could start a company — he was a young guy [right] out of college — why shouldn't I start a company?" It took us a few years to really start getting traction in the market, and VCs can write you off and move on.

Persons: Jay Chaudhry, he'd, Chaudhry, Jyoti, SecureIT, Chaudhry —, —, Marc Andreessen, Let's, we'd, Zscaler, you'll, VCs Organizations: IBM, Unisys, CNBC, Netscape, Atlanta, Software, BellSouth, Fortune, Forbes, IDC, Gartner, VCs Locations: India, SecureIT, Atlanta, Alpharetta , Georgia

☆ 4 Gen Zers share how they're already on pace to retire early — though some don't want to
▼ + stars: | 2024-07-14 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +10 min

Four Gen Z Americans told Business Insider they've followed the principles of the FIRE — financial independence, retire early — movement to achieve a high net worth before their 30th birthdays. Some said they don't intend on following the "retire early" part of the acronym and instead want to pursue their passions while making money doing so. Cody Berman, entrepreneur and "passive income expert"Cody Berman hit financial independence at 25 but continues to help others achieve their financial goals. Courtesy of Cody BermanCody Berman, 28, hit financial freedom at 25 but has no plans to retire early. His net worth is about $2.8 million, but he drives a 2015 Nissan truck approaching 100,000 miles.

☆ Goldman's $2.8 trillion asset management arm says the S&P 500 will be 'flattish' for the rest of 2024. 5 places it says to invest your money instead.
▼ + stars: | 2024-07-14 | by ( Christine Ji | ) www.businessinsider.com time to read: +6 min

Don't expect the mammoth returns of the S&P 500 to continue this year, according to Goldman Sachs Asset Management's midyear investment outlook released last week. AdvertisementBut this doesn't mean that Goldman Sachs is expecting a severe downturn. Active management is more important now than ever, and Goldman Sachs recommends taking steps now to prepare for a lukewarm second half of 2024. To address geopolitical instability and financial shocks, Goldman Sachs recommends hedging risk through commodities. Goldman Sachs is seeing increasing opportunities in Asia.

Persons: Goldman Sachs, Alexis Deladerrière, —, Lindsay Rosner, Rosner, Deladerrière, it's Organizations: Service, Goldman, Business, Nvidia, Microsoft, Apple, Fed Locations: Mexico, France, East, Ukraine, industrials, underperformance, Asia, Japan, India

☆ How professional investors are gearing up for the presidential election
▼ + stars: | 2024-07-13 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +5 min

Heading into November's U.S. presidential election, professional investors agree on one strategy — diversification remains key. Diversification to hedge tax rate risk FBB Capital Partners' Mike Bailey said that should former President Donald Trump win, his tax cuts might mean better overall prospects for equities. Bailey emphasized that while his investment strategy avoids predicting macroeconomic events and timing the market, Depending on the election's outcome, there could obviously be different results for investors, investors could find it helpful to look at the extreme outcomes of the election. He recommended diversifying across different asset classes, since higher tax rates could lead to downside in the equity market. "If tax rates change, I don't think bonds are going to move that much, so you're pretty safe on that side," he said.

Persons: Mike Bailey, Donald Trump, Bailey, Tesla, John Davi, we're, Davi, You've, it's, Kumar Organizations: November's U.S, Nasdaq, Federal Reserve, Dow Jones, CNBC Pro, Wall, Capital Partners, CNBC, Astoria, Komal, Sri, Kumar Locations: U.S, —, China, Mexico

☆ Ellen DeGeneres said she's 'done' with fame after her upcoming Netflix special. Here's a complete timeline of the backlash she's faced since 2020.
▼ + stars: | 2024-07-12 | by ( Olivia Singh | ) www.businessinsider.com time to read: +32 min

Read previewThe talk show host Ellen DeGeneres has long been considered a beloved celebrity for her friendly and funny public demeanor. "Maybe I'm being naive, but I expected them to welcome me with confetti: Welcome to 'The Ellen DeGeneres Show'!" Next thing we know, we literally hear Steve Jobs pick up and say, 'Hi, Ellen' … Ellen told him the iPhone should have a bigger font," the producer said. I have been getting calls asking me about the Ellen Degeneres Show and I would like to address the time I spent there. AdvertisementPaytas appeared on "The Ellen DeGeneres Show" in 2010 when she was 22 years old to showcase her speed-reading talent during an audience talent segment.

Persons: —, Ellen DeGeneres, Nikkie de Jager, DeGeneres, NikkieTutorials, vlogger, de Jager, hadn't, van, Sebastian Williams, van Nieuwkerk, YouTuber, De Jager, Pop Crave, Ellen, Jonas, Kevin T, Porter crowdsourced, you've, Portia de Rossi, wouldn't, didn't, X weren't, I've, Kevin Winter, Stagehands, Jimmy Kimmel, John Oliver, Samantha Bee, Ellen DeGeneres's, Jordan Strauss, Tom Majercak, Majercak, de Rossi, Steve Granitz, Steve Jobs, Jobs, Jane Lynch's, Katy Perry, Chris Pizzello, Ellen Show, Neil Breen, Breen, Richard Wilkins, she'll, Richard, you'll, Neil, She'll, I'd, I'm, Raymond, Brad Garrett, Garrett, Lea Thompson, Scooter Braun, Kevin Mazur, Braun, Justin Bieber, Ariana Grande, Andy Lassner, James Corden, Corden, Hedda Muskat, Joshua Blanchard, Patrick McMullan, Ed Glavin, Mary Connelly, Muskat, Glavin, Ed, Tony Okungbowa, Okungbowa, Ellen Degeneres, Tony okungbowa, Dakota Johnson, Johnson's, Johnson, that's, Craig, Trisha Paytas, Christopher Polk, YouTuber Trisha Paytas, H3H3, Ethan Klein, Paytas, Ashton Kutcher, Kutcher, De Rossi, Ryan Phillippe, haven't, Jim Spellman, WireImage, Thompson, Phillippe, Jennifer Aniston, Billie Eilish, Greyson Chance, Gaga's, Chance, Stone, she'd, Rolling Stone, would've, It's, Tasos Katopodis, SFGate, Libby Torres Organizations: Service, Business, C Magazine, YouTube, Los Angeles Regional Food Bank, Variety, Warner Bros, Television, ABC, Fox News, New York Post, New York, Producers, AP, BuzzFeed, The Hollywood, British, Twitter, Sun, NBC, Getty, CDC, Centers, Disease Control, West Hollywood, Netflix Locations: Dutch, California, Australian, Melbourne, Dakota, West

☆ Tech giants like YouTube and TikTok are trying to shake up affiliate marketing. Startup LTK shares its greatest weapon to fend them off.
▼ + stars: | 2024-07-12 | by ( Amanda Perelli | ) www.businessinsider.com time to read: +5 min

Read previewCreator-commerce company LTK thinks platforms like YouTube and TikTok are at a major disadvantage as they push into affiliate marketing. These platforms are betting big on social shopping and have introduced a suite of in-app shopping tools and features for creators and customers. Now, the platform offers a variety of shopping tools, including an affiliate-marketing program that pays creators commissions for the sales they drive through clickable affiliate links. Still, Yazdian said creators want to have all their shopping links in one place. LTK also offers several tools tied to specific platforms to help creators move their followers to their LTK storefronts.

Persons: —, Allison Yazdian, LTK, Yazdian, It's, Instagram Organizations: Service, Business, US, YouTube, Target, Walmart Locations: Dallas, SoftBank

☆ How to get a job at Apple, according to tech career experts
▼ + stars: | 2024-07-12 | by ( Jordan Hart | ) www.businessinsider.com time to read: +6 min

So, what can set you apart from a sea of Apple candidates? We asked an Apple employee and four tech career experts and recruiters. The interview process at Apple is "generally straightforward," Theresa Park, a former creative recruiter at the company, said. Related storiesOne Reddit user said that during a monthlong interview process as a software engineering candidate, he was asked to design a vending machine. According to posts on the anonymous employee forum Blind, some Apple recruiters might even disclose the exact questions that will be asked in an interview.

Persons: —, Apple, Dan Ives, Marc Cenedella, Daniel Harten, Harten, Theresa Park, Glassdoor, Tim Cook, Cook, Leander Kahney, Greg Joswiak, Apple's, Kahney, Arianny Mercedes, Park, they've, Cenedella, Apple didn't Organizations: Service, Apple, Apple Intelligence, Business, Big Tech, American Express Locations: tooting, Munich

☆ Stocks could face the steepest correction since the 2022 bear market as earnings kick off, analysts say. Here's what investors should watch for.
▼ + stars: | 2024-07-12 | by ( Matthew Fox | ) www.businessinsider.com time to read: +5 min

Second quarter earnings season could trigger the most painful stock correction since 2022, according to NDR. AdvertisementHere's what investors should look out for during the second quarter earnings season, according to NDR. Therefore, it's not a matter of whether analysts will cut their second-half earnings growth estimates but rather by how much they will cut. "Management teams have guided the Q2 year/year growth rate down to 5.7% from 7.0% at the end of May. "Analysts are banking the Mag 7 to continue to drive earnings growth, but the rest of the market to participate more.

Persons: —, Ned Davis, Ed Clissold, Clissold Organizations: NDR, Service, Ned Davis Research, Management, Nvidia, Amazon

☆ Big Tech has a problem thanks to energy-gobbling AI. These stocks may help solve it
▼ + stars: | 2024-07-12 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

The tech sector faces a moment of truth in its ambitious climate targets, as the growing power needs of artificial intelligence data centers jeopardize the industry's promise to slash carbon emissions. Goals at risk The energy needs of AI computing pose a significant challenge to Google's and Microsoft's ambitious climate goals. Google aims to achieve net-zero emissions by 2030 through around-the-clock carbon-free energy on every electric grid where it operates. Holcim and Skia offer construction solutions that improve energy efficiency and promise to reduce the carbon footprint of buildings. Schneider Electric and Legrand help make data center servers more efficient through power management and temperature solutions.

Persons: Keith Weiss, Morgan Stanley's, Morgan Stanley, Legrand, Schneider Organizations: Google, Microsoft, AES Corporation, Bloom Energy, AES Corp, Schneider

☆ Wall Street is bullish on stocks for the 2nd half of the year. Here are each firm's exact forecasts.
▼ + stars: | 2024-07-12 | by ( Matthew Fox | ) www.businessinsider.com time to read: +7 min

The most bullish S&P 500 price target is 6,000 from Evercore ISI, which represents a gain of about 7%. While the average year-end S&P 500 price target is 5,429, according to data from Bloomberg, the median year-end price target is 5,600. Yardeni Research: S&P 500 price target of 5,800Yardeni Research raised its year-end S&P 500 price target to 5,800 from 5,400 this week. Goldman Sachs: S&P 500 price target of 5,600Goldman Sachs strategist David Kostin boosted his S&P 500 price target to 5,600 from 5,200 last month. UBS: S&P 500 price target of 5,600UBS raised its S&P 500 price target to 5,600 from 5,400 in May, and that's after the bank raised its price target in February.

Persons: —, Julian Emanuel, Emanuel, they're, Oppenheimer, John Stoltzfus, Stoltzfus, Eric Wallerstein, Wallerstein, Ned Davis, Ed Clissold, Goldman Sachs, David Kostin, Kostin, Jonathan Golub Organizations: Wall, ISI, Service, Bloomberg, CNBC, Security, Yardeni, Research, Federal Reserve, Ned Davis Research, UBS, Chicago, & $ Locations: bearish

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