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☆ Jim Cramer's top 10 things to watch in the stock market Thursday: Nvidia is AI, energy surprises, stocks up
▼ + stars: | 2023-02-23 | by ( Jim Cramer | ) www.cnbc.com time to read: +3 min

Shares of Club stock, which lost about 50% last year, jumped 10% early Thursday. Toll Brother s (TOL) sees price target hike at Raymond James to $67 per share from $61. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

☆ Stocks making the biggest moves premarket: Lucid, Nvidia, Dollar General, Sunrun and more
▼ + stars: | 2023-02-23 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +4 min

Lucid Motors — The electric vehicle maker saw shares slide 14% premarket after reporting that fourth-quarter revenue fell short of expectations. eBay — The online auction platform fell 5% despite posting fourth-quarter earnings and revenue that topped analysts' estimates as gauged by Refinitiv. The company also forecast current quarter revenue of $600 million and $640 million, compared to estimates of $622 million. Bath & Body Works — Shares fell more than 4% after the company reported fourth-quarter earnings. Sunrun — The solar company rose 1.5% after its fourth-quarter earnings topped Wall Street's expectations.

☆ Pandemic-favorite Etsy beats revenue estimates on demand for bags, gifts
▼ + stars: | 2023-02-22 | by ( Granth Vanaik | ) www.reuters.com time to read: +2 min

Feb 22 (Reuters) - Etsy Inc (ETSY.O) on Wednesday beat estimates for quarterly revenue on steady demand for bags, party products and personalized gifts on its online marketplace, sending the company's shares up more than 5% in extended trading. "Shoppers are coming to us more frequently and spending more with Etsy," said Chief Executive Officer Joshua Silverman on a post-earnings call, adding the company is continuing to build the "Etsy habit." Net revenue in the quarter ended Dec. 31 jumped 12.6% to $807.2 million for Etsy, compared with analysts' expectation of $751.8 million, according to Refinitiv. For the current quarter ending March, Etsy expects GMS to be in the range of $2.95 billion to $3.15 billion. The company forecast revenue between $600 million and $640 million for the January-March period, compared with analysts' expectation of $621.6 million.

☆ Etsy beats revenue estimates on steady demand
▼ + stars: | 2023-02-22 | by ( ) www.reuters.com time to read: +1 min

Feb 22 (Reuters) - Etsy Inc (ETSY.O) on Wednesday beat Wall Street expectations for quarterly revenue, helped by demand for home goods, clothes, jewelry and accessories offered on its e-commerce platform, sending its shares up 4% in extended trading. Net revenue rose to $807.2 million in the quarter from $717.1 million a year earlier. Analysts on average had expected revenue of about $751.8 million, as per Refinitiv IBES data. Last week, short seller Citron Research said Etsy had become one of the largest platforms in the world for counterfeit goods. The percentage of counterfeit goods on Etsy has become too large and the company could no longer defend it as a small percentage of revenue, Citron had said.

☆ Morning Bid: Hang on a minute
▼ + stars: | 2023-02-22 | by ( ) www.reuters.com time to read: +4 min

And so a speech from New York Fed chief John Williams make give a better steer on current thinking. Markets are now priced for a Fed 'terminal rate' in the 5.25-5.50% range by July and no cut from there by year-end. European central bankers are also talking tough as the region's economies dodge recession and inflation stays high. But geopolitical concerns rankle again ahead of Friday's anniversary, with Russia unilaterally withdrawing from a key nuclear arms control treaty. As G20 finance chiefs meet in India, the world is watching closely the extent of the alliance between Beijing and Moscow.

☆ Stocks making the biggest moves after hours: Nvidia, Etsy, Lucid, Bumble, Moderna and more
▼ + stars: | 2023-02-22 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Etsy posted revenue of $807 million, smashing estimates of $752 million, according to Refinitiv. The company also forecast current quarter revenue of $600 million and $640 million, compared to estimates of $622 million. eBay — The online auction platform reported fourth quarter earnings of $1.07 per share excluding items, on revenues of $2.51 billion. Bumble — The online dating site jumped nearly 5% after it reported better-than-expected fourth quarter earnings and revenue. Bumble posted revenue of $191 million, above the $186 million estimated by analysts polled by FactSet.

☆ Stock futures inch higher as investors brace for Fed minutes: Live updates
▼ + stars: | 2023-02-21 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Stock futures rose slightly in overnight trading as Wall Street braced for the Federal Reserve's latest meeting minutes and more insight on the central bank's future hiking agenda. Shares of Palo Alto Networks popped after the bell as the cybersecurity company lifted its earnings forecast for the year. Meanwhile, futures linked to the S&P 500 inched 0.12% higher, and Nasdaq 100 futures gained 0.16%. Mounting concerns that the Federal Reserve will continue hiking rates spooked investors during regular trading Tuesday and pushed stocks to cap off their worst day of 2023. Investors will scour the results for insight into the central bank's future rate hiking path and its recent 25 basis point increase.

☆ Does She Airwrap? How Dyson’s $600 Hair Styler Became a Sensation
▼ + stars: | 2023-02-20 | by ( Rory Satran | ) www.wsj.com time to read: +1 min

The U.S.—land of pageants, cheerleaders, Hollywood, and, now, self-care and YouTubers—has always been a hotbed of perfectly groomed hair. Even at that prohibitive price, the Airwrap, launched in 2018, continually sells out. On TikTok, a seemingly endless stream of Airwrap-focused videos—from tutorials to takedowns—have been viewed over four billion times. Horses, babies and luscious-locked “Queer Eye” star Jonathan Van Ness have all gotten the Airwrap treatment. On Etsy, you can choose from hundreds of bespoke racks to store your Airwrap.

☆ Warren Buffett is missing out on this year’s market comeback
▼ + stars: | 2023-02-19 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +8 min

But the Oracle of Omaha has missed out on this year’s stock market rally. Buffett, in fact, has promoted that idea to investors many times, arguing that most individual stock pickers will not be able to beat the market. And to his credit, that usually pays dividends: Berkshire stock was up 3% last year in a down market. “High rates of inflation create a tax on capital that makes much corporate investment unwise,” Buffett said in his 1980 shareholder letter to Berkshire investors. Investors will get several more clues about consumer spending this week when several top retailers report earnings.

☆ I've made $126,000 in sales so far in 2023 on Etsy. Here's how I set up this mostly passive income stream that takes 3 hours a week.
▼ + stars: | 2023-02-16 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +6 min

Emma Larocque set up her Etsy shop, Quartz Design Studio, to make a passive income on the side. I created a Printful account and linked to an Etsy shop I'd started in November 2021. Once an order is placed through Etsy, Printful automatically embroiders the sweatshirt with my design and sends it to the customer. My revenue for last year from the Etsy shop was about $71,000, after Etsy's 9.5% transaction and processing fee. I pay more to have my items made and shipped by Printful, but that's what keeps my shop passive.

☆ Etsy shares fall after Citron Research calls out platform for counterfeit goods
▼ + stars: | 2023-02-16 | by ( ) www.reuters.com time to read: +1 min

Feb 16 (Reuters) - Citron Research said on Thursday Etsy Inc (ETSY.O) has become one of the largest platforms in the world for counterfeit goods, sending the e-commerce firm's shares down about 6%. Citron Research, which cemented its reputation in the research industry by calling out poor performers and betting against their stock, said the percentage of counterfeit goods on the platform had become too large and Etsy could no longer defend it as a small percentage of revenue. The research firm alleged that Etsy has allowed sellers on the platform to buy "ad words" of the brands and then labeled many of them as trusted websites. In November, the e-commerce platform posted a third-quarter loss for the first time in eight quarters, hurt by higher shipping costs and a strong dollar. Reporting by Ananya Mariam Rajesh in Bengaluru; Editing by Krishna Chandra EluriOur Standards: The Thomson Reuters Trust Principles.

☆ Are you getting a pay raise this year?
▼ + stars: | 2023-02-16 | by ( Cindy Perman | ) www.cnbc.com time to read: +9 min

"Job switching is one of the best ways to get a raise," Nick Bunker, economic research director at Indeed, told CNBC. In January, for example, those who stayed got an average raise of 5.4%, while those who switched scored an average salary increase of 7.3%. Your best shot at getting that raise is going in there prepared. "State facts so you can show your boss what you're worth," Vicki Salemi, a career expert at Monster.com, told CNBC. Here are a few tips for asking for a raise: Know the going rate for your line of work.

☆ I earn $9,500 a month selling printables I make on Canva. Here's how I scaled my Etsy store while on maternity leave.
▼ + stars: | 2023-02-15 | by ( Rachel Jimenez | ) www.businessinsider.com time to read: +6 min

Eventually, work got busy, so blogging and running my Etsy store went on the back burner. When I refocused on my Etsy store a few years later, I grew my average sales to about $9,500 a month. My Etsy store, however, was consistently bringing in about $50 a month, even though I'd basically ignored it for a year. When I saw someone doing well with online marketing or an Etsy store, instead of being jealous I'd ask myself, "What can I learn from them?" Customers value digital products because they can be reusedA digital product can be a PDF, a JPEG image, or even an Excel spreadsheet that you make once and profit from forever.

☆ Get Paid Online? Here’s How to Tell if You Owe the IRS Taxes
▼ + stars: | 2023-02-14 | by ( Ashlea Ebeling | ) www.wsj.com time to read: 1 min

Whether you sell vinyl records on eBay, teach tennis lessons and get paid via Venmo, or rent your home on Airbnb, your side hustle can end up as a tax hassle. The Internal Revenue Service delayed for a year a new law requiring payment processors like Venmo and Cash App and platforms such as eBay, Etsy and Airbnb to send tax forms to users who make more than $600 in revenue.

☆ Sell on eBay or Get Paid on Venmo? You Probably Owe the IRS Taxes
▼ + stars: | 2023-02-13 | by ( Ashlea Ebeling | ) www.wsj.com time to read: 1 min

☆ I've made $210,000 in less than 2 years selling spreadsheet templates on Etsy. Here are 5 easy-to-follow tips for making sales.
▼ + stars: | 2023-02-13 | by ( Emily Mcdermott | ) www.businessinsider.com time to read: +5 min

Emily McDermott sells spreadsheet templates on Etsy for Google Sheets and Excel. download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyIn under two years, I've made CA$280,600 or around $210,000 on Etsy selling spreadsheet templates for Google Sheets and Excel. ERank is also super affordable compared to some other Etsy keyword tools. You'll see a listing of the actual top 100 listings on Etsy for the keyword you're investigating. If you're already selling printables right now or thinking about selling them, adding some spreadsheets is a fantastic way to boost your income.

☆ I made $200,000 last year selling printables. It's mostly passive income and I can end my day before school pick-up — here's how I built it.
▼ + stars: | 2023-02-11 | by ( Jane Fazackarley | ) www.businessinsider.com time to read: +6 min

In the beginning, when I was only selling printables with personal-use licenses, I had several people ask if I could also create commercial-use printables, so I added those to my offerings. I noticed I was getting free traffic from Google and Pinterest, so I decided to cash in and start selling printables. My husband, who's now very supportive of my printables business, was skeptical that it was a good use of my time. I launched the memberships after customers requested more help selling printables, and I currently have around 190 members. My printables business means I can be there for my familyI can work as little or as much as I want.

☆ The dip buyers are back on Wall Street — listen to the 'Homestretch'
▼ + stars: | 2023-02-10 | by ( ) www.cnbc.com time to read: +8 min

I TELL YOU SOMETHING, I'M SAYINGTHAT THE DIP BUYERS ARE BACK. MORE IMPORTANTLY, WHAT WE HAVEIS A CONSTRUCTIVE MARKET IN THATWE'RE ROTATING IN AND OUT OFAREAS THAT CAN SOLD AND COMEBACK. ETSY IS A PRETTY GOOD STOCK. A GOOD GROWTH STOCK TRADES LIKETHAT. THAT'S NOT HOW I LIKE COMPANIESTO DO THINGS, EVEN IF THERE WEREFACTORS OUTSIDE OF YOUR CONTROL,I'M NOT A FAN OF IT.

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☆ An entrepreneur who has used Shopify since it was in beta shares how he built an app to solve the biggest problem he faced on the platform while scaling to $1 million in sales
▼ + stars: | 2023-02-08 | by ( Madeline Stone | ) www.businessinsider.com time to read: +7 min

Thomas Bertrand built a Shopify app after years of selling on the e-commerce platform. He launched his Shopify store, Bento&co, where he sells bento boxes and related accessories, in 2008. But he also created an app on Shopify's App Store that was directly inspired by his years as a merchant. Shopify's app store is home to more than 7,000 apps to help merchants with tasks like store design, product sourcing, SEO, marketing, and shipping. Shopify's merchants made $46.2 billion in sales on the platform in the third quarter of 2022 alone.

☆ Can you file for unemployment if you're getting severance or freelancing? Here’s what to know
▼ + stars: | 2023-02-07 | by ( Jennifer Liu | ) www.cnbc.com time to read: +6 min

Who qualifies for unemployment benefits? You're eligible to receive unemployment insurance if you lose your job through no fault of your own, which includes being laid off. The average weekly unemployment benefit was around $385 as of the third quarter of 2022, but it can vary widely. Should you file for unemployment if you're getting severance? Some states will let you apply for and receive unemployment benefits even if you're getting severance pay, whereas others say severance money could lower your benefit amount or make you ineligible at that time.

☆ ChatGPT is coming for Wall Street next
▼ + stars: | 2023-02-06 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

Insider's Paige Hagy and Bianca Chan asked industry experts how they see a tool like ChatGPT impacting all areas of Wall Street, from investment banking to financial planning to consumer banking. So if your boss pitches you on using ChatGPT to help "streamline your workflow" understand that you could be training your replacement. Click here to read more about the types of jobs ChatGPT might upend across Wall Street. Wall Street trading firm GTS Securities is looking to make investing in music royalties accessible to the general public, Bloomberg reports. Stephanee Beggs made seven figures selling her study materials on TikTok and Etsy, which means she cleared more business than half the bankers on Wall Street.

☆ I made nearly $2 million in 2 years selling my nursing-school study notes on Etsy and TikTok — here's how
▼ + stars: | 2023-02-03 | by ( Jen Glantz | ) www.businessinsider.com time to read: +8 min

Stephanee Beggs, 28, started posting her study sheets on TikTok while in nursing school. She plans to keep her day job and loves that her influencer work ties back to her hospital job. It's also humbling and exciting seeing how many people have gravitated toward my TikTok videos and study sheets. My approach to TikTok is organized and strategicWhen I first started posting on TikTok, I didn't have much of a strategy or direction. Once my study sheets started selling on Etsy, I decided to come up with a game plan of how to continue to monetize my audience.

☆ How the Supreme Court could soon change free speech on the internet
▼ + stars: | 2023-01-30 | by ( Lauren Feiner | ) www.cnbc.com time to read: +19 min

Musk's actions since closing the deal last year have illuminated how he sees the balance internet platforms must strike in protecting free expression versus user safety. The Supreme Court has yet to decide if or when to hear the cases, though many expect it will take them up at some point. The Age-Appropriate Design Code requires internet platforms that are likely to be accessed by kids to mitigate risks to those users. Google said such a change would also make the internet less safe and less hospitable to free expression. The Supreme Court of the United States building are seen in Washington D.C., United States on December 28, 2022.

☆ This one side hustle for introverts can bring in thousands of dollars in passive income per month
▼ + stars: | 2023-01-29 | by ( Gili Malinsky | ) www.cnbc.com time to read: +3 min

These are pretty social hustles, though, and if you're more of an introvert, spending your off-time interacting with others can be draining. Rachel Jiminez opened her Etsy store in 2019 and sells hundreds of printables ranging from Christmas scavenger hunts to digital planners. February might be a good time for Valentine's ideas, April might be a good month for Easter-based ideas, and so on. Jiminez perfected her Etsy-selling skills after taking Julie Berninger's course about opening an Etsy store for printables. She herself brings in about $1,000 per month in passive income from the site.

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