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☆ S&P 500 might crash 60%, a recession is looming, and speculation is rife, warns elite technical analyst Milton Berg
▼ + stars: | 2024-03-06 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Market bears calling for a 60% crash in the S&P 500 could soon be proven correct, Milton Berg said. The technical analyst said that stocks may be close to a final peak as speculation runs hot. Berg warned a recession appears likely based on several economic indicators that are flashing red. AdvertisementStocks might crash up to 60%, a recession seems likely, and market speculation has reached dangerous levels, a veteran technical analyst warned. AdvertisementBerg, a former advisor to elite investors like George Soros and Stanley Druckenmiller, now runs Milton Berg Advisors.

Persons: Milton Berg, Berg, —, they've, John Hussman, Jeremy Grantham, who's, George Soros, Stanley Druckenmiller Organizations: Service, Milton Berg Advisors, Nasdaq, Nvidia, Netflix Locations: Milton

☆ 'There's an enormous catch-up trade': These 5 small-cap stocks are destined to soar, according to a stock researcher behind a top-11% fund in the last 5 years
▼ + stars: | 2024-03-03 | by ( James Faris | ) www.businessinsider.com time to read: +8 min

The research director at Westfield Capital Management is instead focused on finding attractive stocks through a bottom-up fundamental process. Many companies have been abandoned in this top-heavy market, Meyers said. Instead of calling for a meltdown for the market's favorite companies, Meyers emphasized the stocks destined to rebound once investors shift their focus away from pricey growth names. "We don't overpay for growth for the sake of growth," Meyers said. 5 top stocks to own nowInvestors searching for small-cap stocks to buy are in the right place.

Persons: —, Ethan Meyers, Meyers, Morningstar, that's, " Meyers, there's, you've, Kevin Rendino, it's, We're, It's Organizations: Service, Business, Westfield Capital Management, Growth, Apple, Microsoft, Nvidia Locations: Westfield

☆ Satellites burning up in our atmosphere may not be as harmless as first thought
▼ + stars: | 2024-03-02 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +9 min

Satellites and spacecraft burning up in our atmosphere are leaving metal particles in the stratosphere — and scientists are worried it could harm our planet. Stratospheric particles can shape the ozone layerRemember the ozone layer? AdvertisementThat, in turn, can spark a chain reaction that creates rainbow-colored polar stratospheric clouds. Polar stratospheric clouds (PSCs) are seen in the sky over Jukkasjarvi, northern Sweden, on December 17, 2023 in Jukkasjarvi, Sweden. "There's an increasing number of rocket launches for small satellites and tourism, which burn kerosene or other fuels that emissions in the atmosphere.

Persons: Daniel Murphy, that's, Roy Rochlin, Murphy, Thomas Parent, Chelsea Thompson, Martin Chipperfield, Chipperfield, It's Organizations: Service, Business, National Oceanic, Administration Chemical Science, NASA, WB, NOAA, University of Leeds Locations: Montreal, Tonga, Sweden, Jukkasjarvi, Alaska, UK

☆ More Americans are moving to Tuscany, where their money goes further, the pace is slower, and the wine flows freely
▼ + stars: | 2024-03-02 | by ( Jordan Pandy | Reed Alexander | ) www.businessinsider.com time to read: +14 min

More Americans are moving to Tuscany, a part of Italy known for medieval walled cities and wine. Some locals say it's keeping their economy alive, but others are starting to grumble. The influx of Americans, locals said, can be at once a booster of fortunes and an irritating imposition. "A lot of locals say that a place like Montepulciano cannot handle all those tourists because it's a small city," said Tudor, the jeweler. Americans, Ercolani said, "spend money and they appreciate the quality of the food and the wine that we have."

Persons: —, Leanne Davis, Davis, Jon Chewning, Chewning, It's, Georgette Jupe, Knight Frank, Florence ., they're, we've, Frances Mayer's, it's, Michele Capecchi, Capecchi, Erin Lewis, Lewis, Danilo Romolini, Luca Tudor, AJ Tuscany, Tudor, who's, Sam D'Avanzo, dell'Anfiteatro, Frank Bienewald, they've, lockdowns, Jupe, Bendetta, Cantina Ercolani, Ercolani Organizations: Service, Business, Associated Press, US Department of State, Italian National Institute of Statistics, away.com, Christie's, Estate, Locals, International School of Florence Locations: Tuscany, Italy, California, Romano, Sacramento, Montepulciano, Florence, Boccheggiano, Lucca, Siena, American, Europe, Rome, Venice, Chiusi, Austin , Texas, Houston , Texas, Italian, Switzerland, Albanian

☆ This Small Island Has a Dark History
▼ + stars: | 2024-03-01 | by ( Claire Moses | ) www.nytimes.com time to read: 1 min

Look closely at this tiny, idyllic island: Victorian-era fortifications dot the windswept coastline. A concrete anti-tank wall disrupts a quiet beach. This is Alderney, where the 2,100 people who call the island home do not lock their cars. Where the streets are quiet and the pubs (nine of them) are lively, and the roads don’t have traffic lights. And where reminders of World War II hide behind most corners.

Locations: Alderney, France, Britain

☆ Wall Street's favorite recession gauge has been flashing for 16 months, but the other key ingredient of a downturn is nowhere to be seen
▼ + stars: | 2024-02-28 | by ( Yuheng Zhan | ) www.businessinsider.com time to read: +3 min

A key recession signal has been flashing for 16 months, but the other half of a downturn is missing. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The firm pointed out that the spread between the 10-year and three-month treasury yields has been inverted for 16 months. Advertisement10-year minus 3-month Treasury yields from 1982 Federal Reserve Bank of St. LouisThat said, the inverted curve only accounts for 50% of a solid recession call. Meanwhile, Morgan Stanley's chief economist, Ellen Zentner, warned that a "hard landing" downturn is guaranteed as the impact of Fed rate hikes still hasn't been felt fully throughout the economy.

Persons: —, Louis That, Jamie Dimon, Morgan Stanley's, Ellen Zentner Organizations: Service, DataTrek Research, Treasury, Reserve Bank of St, Fed, JPMorgan Locations: downturns, Kuwait

☆ Some young people are finding out about Monica Lewinsky for the first time — and they're in awe
▼ + stars: | 2024-02-28 | by ( Maria Noyen | ) www.businessinsider.com time to read: +4 min

Monica Lewinsky is the face of Reformation's new workwear line, which dropped on Tuesday. "Monica Lewinsky was simply born in the wrong generation," Aubrey Strobel said in her reaction video to the Reformation campaign. "No secret how dirty Monica Lewinsky was done by society, specifically her generation and the generation before her." Advertisement"Coming into 50 was great," Lewinsky told Elle magazine in an interview promoting the Reformation campaign. Representatives for Monica Lewinsky did not immediately respond to requests for comment from Business Insider.

Persons: Monica Lewinsky, TikTokers, they're, Lewinsky, —, Vote.Org, Bill Clinton, they'd, Jessica Weslie, Weslie, Lewinsky might've, she'd, Aubrey Strobel, would've, Strobel, X, Elle, Andrea Hailey, Monica, Hailey Organizations: White House, Service, Vote.Org, House, TED, YouTube, Business

☆ US allows China to boost passenger flights to 50 per week as summer travel season nears
▼ + stars: | 2024-02-27 | by ( Laura He | ) edition.cnn.com time to read: +4 min

By February of that year, most American airlines had suspended flights to China due to fears about the coronavirus. In the next month, the CAAC slashed international flights to China, citing the need to curb imported Covid-19 cases. Despite the two sides amending their rules after negotiations, the number of flights between the United States and China still fell significantly during the pandemic. We look forward to once again welcoming Chinese group travel to the United States,” she said in a statement issued at the time. In June, Reuters reported that newly approved flights by Chinese airlines were indeed avoiding Russian airspace on their way to the United States.

Persons: Hong Kong CNN —, David McNew, Trump, Gina Raimondo, ”, Biden Organizations: Hong Kong CNN, US Department of Transportation, ” Citi, Civil Aviation Administration of China, Air China, LAX Tom, US, Reuters Locations: China, Hong Kong, Hong Kong CNN — Washington, United States, Los Angeles , California, Beijing, Washington, Russia, Ukraine

☆ 4 reasons why Wall Street fears that Nvidia's hard-earned gains could go up in smoke
▼ + stars: | 2024-02-27 | by ( James Faris | ) www.businessinsider.com time to read: +8 min

In the last 15 months, Wall Street analysts have hailed generative AI as the most impactful innovation in decades and compared its theoretical impact to that of the internet. While the full impact of AI isn't clear yet, companies are under immense pressure to convince investors that they're not falling behind. "We can't envision any of these large cloud companies or consumer companies pulling back on AI spending anytime soon," Colello said. UBS"This is not always a harbinger of slowing revenue growth and a concentrated H200/B100 launch could be adding to near-term opex," Arcuri wrote in a recent note. AdvertisementDespite what Nvidia's recent performance suggests, Wall Street is notoriously tough to please.

Persons: —, Morgan Stanley, Steve Sosnick, Wedbush's Dan Ives, who's, Marcelli, they're, Sosnick, Brian Colello, Colello, They're, we're, Vivek Arya, Arya, Michael Landsberg, Landsberg, Jason Draho, Draho, Timothy Arcuri, Arcuri Organizations: Service, Wall Street, Business, Nvidia, Interactive, Bulls, Bank of America, Wedbush Securities, UBS, UBS Global Wealth Management, Morningstar, Landsberg Bennett, Wealth Management

☆ Premarket stocks: This rally is nearly unprecedented. Can it last?
▼ + stars: | 2024-02-27 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

Just last week the S&P 500 hit a new all-time high and notched its best showing in a year. But this nearly unprecedented surge in the markets is sparking some concern over what’s driving the rally and whether it can continue. The S&P 500 and Dow last week each reached record levels after blockbuster earnings from the chipmaker set off a broad market rally. The S&P 500 is up more than 6% for the year, but when you equally weigh all of the stocks in the index, it’s up just 2.5%. Last year, the S&P 500 rose by 24.2%, but the equally-weighted index was up by just 11.6%.

Persons: Sam Stovall, Tesla, Jamie Dimon, ” Dimon, CNBC’s Leslie Picker, That’s, ”, What’s, Warren Buffett, Berkshire Hathaway, Eva Rothenberg, Buffett, Gary Pilnick’s, WK Kellogg, Pilnick, Bran, ” Pilnick, hasn’t, Carl Quintanilla Organizations: CNN Business, Bell, New York CNN —, Nvidia, Dow, Nasdaq, Health, Tech, Deutsche Bank, Microsoft, Apple, Amazon, Google, JPMorgan, Federal Reserve, Traders, PCE, Berkshire, CNBC Locations: New York, Berkshire, Omaha , Nebraska, Omaha, United States

☆ 'Inflection point with AI': long-time tech journalist Kara Swisher sees key similarities to dot-com boom and bust
▼ + stars: | 2024-02-27 | 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 Email'Inflection point with AI': long-time tech journalist Kara Swisher sees key similarities to dot-com boom and bustKara Swisher, “BURN BOOK: A TECH LOVE STORY” Author, Tech Journalist, “On with Kara Swisher” Podcast Host, joins 'Fast Money' to talk the AI 'bubble', the state of the tech space, how this compares to the internet boom and more.

Persons: Kara Swisher Organizations: Tech

☆ The chief market strategist at $1.6 trillion Franklin Templeton breaks down how many rate cuts to expect this year. Plus, why the 'irrational exuberance' in stocks could be over by year-end.
▼ + stars: | 2024-02-25 | by ( Laila Maidan | ) www.businessinsider.com time to read: +4 min

Expect four rate cuts in 2024 that will bring the federal funds rate to 4.30% by year-end, according to the Franklin Templeton Institute Global Investment Management Survey, which compiles the views of the firm's 300 senior investment professionals who work across equities, fixed income, and alternatives. That's still more cuts than the Federal Open Market Committee projects in its dot plot: three reductions and a fed funds rate of 4.63% by year-end. Stephen Dover, chief market strategist and the head of the Franklin Templeton Institute, expects those rate cuts to begin closer to June or July and be 25 basis points each. For now, Dover pointed to a strong US economy, with solid jobs and GDP growth, as working against the possibility of earlier rate cuts. This will be another sticky point that the central bank will likely consider and could impact when cuts happen, he said.

Persons: Stephen Dover, Dover, there's Organizations: Franklin Templeton Institute Global Investment Management Survey, Federal, Franklin Templeton Institute

Results: The Most Detailed Maps of the South Carolina Republican PrimaryMap is colored by the candidate who leads in each precinct. No resultsPolls close in the South Carolina Republican primary at 7 p.m. Eastern time with first vote reports expected shortly after. This page will feature the most detailed results available from the primary, precinct-level votes. In the maps below, precincts are shaded according to each candidate’s vote share for former President Donald J. Trump and Nikki Haley, the former South Carolina governor. Income One precinct Precincts in … Lower income areas Empty chart, waiting for data Empty chart, waiting for dataHigher income areas Empty chart, waiting for data Empty chart, waiting for dataEducation Precincts in … Areas with fewer college graduates Empty chart, waiting for data Empty chart, waiting for dataAreas with more college graduates Empty chart, waiting for data Empty chart, waiting for dataPopulation density Precincts in … Rural areas Empty chart, waiting for data Empty chart, waiting for dataSuburban areas Empty chart, waiting for data Empty chart, waiting for dataUrban areas Empty chart, waiting for data Empty chart, waiting for dataStrong Biden areas in 2020 Empty chart, waiting for data Empty chart, waiting for data

Persons: Trump, Haley, Donald J, Nikki Haley, Haley Haley, —, — Trump, Strong Organizations: South Carolina Republican, South, Trump, Trump Trump, — — Locations: South Carolina, …

☆ Here's why investors should stop worrying so much about concentration risk in the market
▼ + stars: | 2024-02-23 | by ( Bob Pisani | ) www.cnbc.com time to read: +6 min

The World(MSCI All Country World Index weighting)Entire U.S. stock market: 63%Japan, UK, Canada, France, Hong Kong/China combined: 17.5%Magnificent 7: 17%Source: Dimensional FundsThat seems crazy, no? For example, in the mid-1960s the concentration of the top 10 was over 40% of the S&P 500. Investors who own the S&P 500 don't have to pick those winners; they just go along for the ride. Second, U.S. stocks are global market leaders, and when a small group becomes market leaders it almost always means the U.S. stock market outperforms the world. The U.S. stock market, which was roughly 40% of the global market capitalization a short while ago, is now roughly 50% of global market capitalization.

Persons: Gregory Rowe, Berkshire Hathaway, Lilly, It's, — Organizations: New York Stock Exchange, Berkshire, Broadcom, Nvidia, Eck Semiconductor, Dimensional Fund Advisors, FS Investments, IBM, American Express, General Electric, Polaroid, Xerox, U.S, Baidu, SAP, Siemens, United, Shell, AstraZeneca, HSBC Locations: New York City, Miami Beach, Japan, UK, Canada, France, Hong Kong, China, U.S, Germany, United Kingdom

☆ AI is having a '1995 moment'
▼ + stars: | 2024-02-23 | by ( Aaron Mok | ) www.businessinsider.com time to read: +3 min

Read previewArtificial intelligence is having a 90s-like boom — and one analyst says Nvidia is leading the charge. "This is a 1995 Moment as now the AI Revolution and $1 trillion of incremental spending over the next decade is hitting the software ecosystem and rest of tech sector," Dan Ives, a tech analyst at Wedbush Securities, wrote in a recent analyst note. "The AI Revolution starts with Nvidia and in our view, the AI party and popcorn is just getting started," Ives said. "We started the AI journey with the hyperscale cloud providers and consumer internet companies," Huang said. "We're really just getting started," Huang said.

Persons: —, Dan Ives, Ives, Nvidia didn't, Jensen Huang —, Nvidia who's, Huang Organizations: Service, Nvidia, Wedbush Securities, Business, Adobe, Oracle

☆ This Marsico fund has outperformed lately by finding the best growth stories
▼ + stars: | 2024-02-23 | by ( Alex Harring | ) www.cnbc.com time to read: +6 min

Their flagship Marsico Focus Fund (MFOCX) has climbed 16% so far in 2024, through Thursday, outperforming both the S & P 500 and technology-heavy Nasdaq Composite . Between 60% and 75% of the portfolio is in "core" growth companies, or those that are likely to see sustained and predictable earnings growth. The balance is in companies undergoing large transformations that can catalyze earnings growth once a restructuring is complete. "When money was very cheap and interest rates were extremely low, it was easy to buy an index fund," Marsico said. "And that's why there's greater differentiation with stock pickers than just buying a general basket of market companies."

Persons: Tom Marsico, Jimmy, Peter, outperforming, Morningstar, Marsico, he's, Eli Lilly, Uber, Marsico's Organizations: Global, Janus, Marsico Capital, Focus, Nasdaq, MFOCX, Fund, Morningstar, The University of Denver, Microsoft, Meta, Nvidia, Apple Locations: Denver

☆ A fund manager beating 98% of his peers over the last 10 years breaks down why the stock market resembles the 'Nifty 50' bubble of the 1970s, when the market's biggest names got crushed as inflation s
▼ + stars: | 2024-02-22 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Disco is backOthers have also started to compare today's market and the 1970s' "Nifty Fifty." AdvertisementJPMorgan's Chief Global Strategist Marko Kolanovic also said in a note on Wednesday that fiscal spending and inflation could resemble the 1970s landscape. Similar to the 1970s, there are currently 3 active geopolitical conflict zones – eastern Europe, Middle East, and South China Sea," Kolanovic said. Kolanovic included in his note the chart below, which shows the correlation between inflation and the performance of the S&P 500.

Persons: —, Albert Edwards, Bank of America's Michael Hartnett, Jeffrey Gundlach, Cole Smead, Smead, Sears Roebuck, Alphabet's, Nvidia's, Microsoft's, Jeremy Siegel, David Rosenberg, Merrill Lynch, " Rosenberg, Marko Kolanovic, Kolanovic Organizations: Service, Societe Generale, Bank of America's, Treasury, Nasdaq, DoubleLine, Investments, Business, Morningstar, Microsoft, Nvidia, Xerox Locations: Europe, Middle East, South China

☆ Nvidia Is a Must-Buy. Or Is It?
▼ + stars: | 2024-02-22 | by ( Joe Rennison | ) www.nytimes.com time to read: +1 min

In 2002, after the dot-com bubble burst and Sun Microsystems swooned, the company’s co-founder Scott McNealy highlighted the folly of Wall Street analysts who favored one particular financial metric to gauge a stock’s worth: its price relative to the company’s sales. Mr. McNealy was musing about the “price to sales” ratio — an important measure of a company’s value relative to how much cash it generates. A high ratio can be justified if investors think a company has room to grow; a low ratio typically signals that investors think the company is accurately valued. Even if Sun passed on every dollar it was making at the time to investors, it would have taken them a decade to recover their investment. “Do you realize how ridiculous those basic assumptions are?” Mr. McNealy told Businessweek.

Persons: Scott McNealy, McNealy, Sun Organizations: Sun Microsystems, Street, Businessweek

If you plan to add a smart display to your setup as a smart home hub, I don't recommend the Show 5. If you're looking for a smart display that's big enough to enjoy movies on, the Echo Show 10 or Echo Show 15 would be a better option. The Echo Show 5 is a great smart display, but may be too small to cover all of your needs. Sarah Saril/InsiderIf you want to build out your Alexa smart home or just get started, the Echo Show 5 is an excellent smart display for basic needs. But if you need something compact or don't want to spend extra, the Echo Show 5 is a solid entry-level smart display and a worthy option for any smart home.

Persons: Sarah Saril, I've, Alexa, you'd, It's Organizations: Business, Hulu, Echo, Amazon, Netflix, Alexa, Google, Spotify, Apple Music, Amazon Echo

☆ Jim Chanos discusses his legendary Enron short bet more than two decades later
▼ + stars: | 2024-02-20 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Short seller Jim Chanos is best known for calling the collapse of Enron, the world's largest energy trading company at the time. "Because the news got worse and worse and worse, and every piece of incremental bad news was much worse than what we've been through." Here's one thing that might come as a surprise: Enron was not the only stock Chanos shorted and profited from during the episode. However, Chanos saw a big red flag in Dynegy that make him bet against the stock, which eventually plunged 90%. Watch the full video above to learn about Chanos' legendary Enron bet.

Persons: Jim Chanos, Chanos, Dynegy, Jeffrey Skilling, Warren Buffett's, —, Michael Burry, Morgan Stanley's Organizations: Enron, U.S . Securities, Exchange Commission, CNBC, Warren, Warren Buffett's Berkshire, Nvidia, There's

☆ Gold at $3,000 and oil at $100 by 2025? Citi analysts don't rule it out
▼ + stars: | 2024-02-20 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +4 min

That could double central bank's gold purchases, challenging jewelry consumption as the largest driver of gold demand, Doshi elaborated. China and Russian central banks are leading gold purchases, with India, Turkey, and Brazil, also increasing bullion buying. The world's central banks have sustained two successive years of more than 1,000 tons of net gold purchases, the World Gold Council reported in January. Another wildcard scenario highlighted in Citi's report was for oil prices to hit triple digits again. Stock Chart Icon Stock chart icon Oil prices in the past one year

Persons: Doshi, Stagflation Organizations: Citi, CNBC, Central, U.S ., Gold, U.S . Federal Reserves, Co, Bloomberg, Getty Locations: Citi's North America, China, Russian, India, Turkey, Brazil, U.S, Bangkok, Thailand, Israel, Yemen, Iraq, OPEC

CAPE CANAVERAL, Fla. (AP) — Astronomers have discovered what may be the brightest object in the universe, a quasar with a black hole at its heart growing so fast that it swallows the equivalent of a sun a day. The record-breaking quasar shines 500 trillion times brighter than our sun. The black hole powering this distant quasar is more than 17 billion times more immense than our sun, an Australian-led team reported Monday in the journal Nature Astronomy. The rotating disk around the quasar's black hole — the luminous swirling gas and other matter from gobbled-up stars — is like a cosmic hurricane. Further analysis shows the mass of the black hole to be 17 to 19 billion times that of our sun, according to the team.

Persons: —, Christian Wolf, ”, Priyamvada Natarajan Organizations: —, Australian National University, Southern Observatory, ” Yale, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: CAPE CANAVERAL, Fla, Australian, gobbled, Australia

☆ Activists bombard British Museum’s social media with calls for return of Easter Island statue
▼ + stars: | 2024-02-19 | by ( Jack Guy | ) edition.cnn.com time to read: +3 min

London CNN —The British Museum is facing renewed calls to return a huge moai statue to Easter Island, sparked by a social media campaign by Chilean activists. “Comments were only deactivated on one social media post,” a museum spokesperson told CNN in a statement Monday. The social media campaign is the latest stage in efforts to get it back to Easter Island. A museum spokesperson told CNN that other initiatives involving representatives from Easter Island had taken place at the British Museum in 2022 and 2023. The British Museum, like other cultural institutions across the Western world, is facing calls to return many artifacts to their place of origin.

Persons: Mike Milfort, “, ”, Neil Hall, el, Gabriel Boric, Adrian Dennis, ” Boric, Queen Victoria, Rapu, London’s Victoria Organizations: London CNN, British, Islanders, British Museum, CNN, Radio Chiloé, Getty, London’s, Albert Museum, Asante Locations: Easter, Chilean, Rapa, Pascua, Eastern, AFP, Chile, London, Rapa Nui, Ghana, Manhyia, Kumasi

☆ A renowned market bear who called the dot-com bubble warns concentration in tech stocks now exceeds levels seen just before the 2000 crash — and cautions that the sector's earnings are not keeping up
▼ + stars: | 2024-02-17 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

For example, the tech sector’s valuations are generally lower than they were then, though still elevated. One is that the fundamentals of the tech sector are detached from its price action. While the sector’s earnings have performed better than the rest of the market on average, earnings expectations have been rising faster than actual subsequent earnings performance. Many parallels between the dot-com bubble and today’s market have been called to light in recent weeks. Only time will tell if tech stocks are in a bubble that's due to burst.

Persons: Albert Edwards, “, ” Edwards, Edwards, Michael Hartnett, Jeffrey Schulze, Adam Karr, ”, Quincy Krosby, Hartnett Organizations: Societe Generale, Nasdaq, Business, Generale, Bank of America, Orbis Investment Management, Artificial Intelligence, LPL Financial Locations: Japan

☆ This indoor farming company is trying to win workers over to agriculture — through desk-job benefits
▼ + stars: | 2024-02-17 | by ( Tim Paradis | ) www.businessinsider.com time to read: +6 min

Courtesy Eden GreenOne of Eden Green's aims is to remove some of the unpredictability of farming by doing it indoors in soaring greenhouses stacked with rows of greens. At its facility of nearly 83,000 square feet, Eden Green does its growing without soil, a process called hydroponics . Eden Green said it uses 98% less water and 99% less land than traditional farming. Advertisement"You can still have that agriculture job and have a full-time, steady position," they said. Eden Green's retention rate has been above 80% for the past nine months, the company said.

Persons: Stacia Lewis, Willy Wonka's, Lewis, They'd, Eden Green, Eden, Eden Green's, Eden Green's playbook, Eddy Badrina, who's, Badrina, — Organizations: Service, Business, Eden Green Technology, Eden Locations: romaine, Eden, chard, Cleburne , Texas, Cleburne, Dallas, Fort Worth

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