DIRS.INFO The most relevant business & tech news

☆ TikTok's algorithm is helping travelers discover the next hot vacation spot and lean into trends like 'destination dupes'
▼ + stars: | 2024-08-13 | by ( Pete Syme | ) www.businessinsider.com time to read: +1 min

More TikTok users are using the app to find their next vacation, the company's travel lead told BI. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTikTok is helping travelers find new places for a vacation as users increasingly use the app for search rather than just scrolling for entertainment. "People are now really leaning into TikTok to search for the next destination, where to travel, and who to fly with," she told Business Insider.

Persons: —, Hannah Bennett Organizations: Companies, Service, Business Locations: Bruges, Paris

☆ Some Walmart and Walgreens stores are locking up so much stuff that delivery workers are avoiding them
▼ + stars: | 2024-08-13 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Unlike regular shoppers, delivery workers who pick up orders at stores usually have to shop and deliver their orders on a deadline. Gig delivery workers in most states are paid for each order that they deliver. Spokespeople for Walgreens and CVS previously told BI that the chains started locking up products based on shoplifting trends at specific stores. The shopper told BI that they pressed a button on the shelf to request help from an employee, but no one showed up after several minutes. AdvertisementDo you work for Instacart, DoorDash, Uber Eats, or another gig delivery service and have a story idea to share?

Persons: —, Instacart, Uber Organizations: Service, CVS, Walmart, Business, Retailers, Walgreens, Representatives Locations: An Ohio, Ohio, The Ohio, Nevada, Idaho

Meanwhile, Mizuho raised its price target on Palo Alto Networks ahead of the company's upcoming earnings release. But Grambling shaved $4 off his price target to $47, though that still implies 57.5% upside from Monday's close. Long kept his price target unchanged at $97, which reflects just 1.8% in upside over Monday's closing price. Analyst Laurent Yoon downgraded the media stock to market perform from outperform and shaved $2 off his price target to $8. Analyst Gregg Moskowitz raised his price target on the cybersecurity stock to $380 from $350, maintaining his outperform rating.

Persons: Bernstein, Mizuho, Rollins, Wells Fargo, Jason Haas, Haas, — Alex Harring, Thomas Palmer, Palmer, Morgan Stanley, DraftKings, Stephen Grambling, Grambling, Alex Harring, Tim Long, Long, Dell, Damian Karas, Karas, " Karas, Warner, Laurent Yoon, Yoon, Discovery's Turner, Gregg Moskowitz, Moskowitz, Fred Imbert Organizations: CNBC, Warner Bros, Palo Alto Networks, Hormel Foods, Citi, Hormel, Planters, Grambling, DraftKings, Barclays, Dell, Nasdaq, UBS, Discovery, NBA, Discovery's Turner Sports, Mizuho Locations: Wells Fargo, Monday's, Southern, Grambling, Palo Alto

The shots will be important, however, as the U.S. heads into the fall and winter, when cases usually rise again. Vaccine experts select the Covid strain in the spring for a vaccination campaign in the fall. Last fall, when CDC data showed a rise in hospitalizations, some doctors criticized the FDA for waiting too long to roll out the updated Covid vaccines. Has the FDA considered changing the fall vaccine rollout schedule, now early September? Link-Gelles highlighted the challenges in determining the optimal timing for administering the Covid vaccines.

Persons: Will, ”, John Moore, Akiko Iwasaki, Covid —, CDC epidemiologist Ruth Link, that’s, Isaac Bogoch, “, Ofer Levy, Levy, ” Levy, it’s, ” Weill Cornell's Moore, “ I’m, what’s, ” Moore Organizations: Weill Cornell Medical College, “, Centers for Disease Control, Food and Drug Administration, Yale University, FDA, CDC, NBC, University of Toronto, Precision, Boston Children’s Hospital Locations: U.S, hospitalizations

☆ Lazard CEO Peter Orszag: The entire narrative and analysis on inflation has been wrong
▼ + stars: | 2024-08-12 | 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 EmailLazard CEO Peter Orszag: The entire narrative and analysis on inflation has been wrongLazard CEO Peter Orszag joins 'Squawk Box' to discuss the latest market trends, state of the economy, the Fed's rate path outlook, state of the 2024 election, impact on the antitrust and regulatory environment, and more.

Persons: Peter Orszag Organizations: Lazard

☆ The 'free pass' for many AI stocks going forward is gone, says IG North America CEO JJ Kinahan
▼ + stars: | 2024-08-12 | 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 EmailThe 'free pass' for many AI stocks going forward is gone, says IG North America CEO JJ KinahanJJ Kinahan, IG North America CEO, joins 'Squawk Box' to discuss the latest market trends, how Starbucks and reinvent itself, what to make of the recent market volatility, and more.

Persons: JJ Kinahan JJ Kinahan Organizations: North, IG North America

While keeping his outperform rating, Vijay Rakesh chopped $10 off his price target to $145. The Oreo maker should see above-average earnings growth, Jordan said, and the stock itself is a high-quality core holding. — Alex Harring 5:50 a.m.: UBS lays out earnings expectations for Nvidia UBS is remaining bullish on Nvidia heading into the artificial intelligence giant's earnings report. Analyst Timothy Arcuri reiterated his buy rating and $150 price target heading into earnings expected later this month. His price target of $23, up from $20, implies a gain of 28.3% over the next 12 months.

Persons: Piper Sandler, Vijay Rakesh, Rakesh, Alex Harring, Shaun Kelley, Kelley, — Alex Harring, Eli Lilly, Eli Lilly's, James Shin, Shin, Jefferies, Samad Samana, Samana, Goldman, Goldman Sachs, Mills, Leah Jordan, Jordan, Kraft Heinz, Timothy Arcuri, Arcuri, Patrick Moley, Morley, HOOD, Fred Imbert Organizations: CNBC, UBS, Mizuho, Micron, Seagate Technology, Western, Bank of America, Gaming, Consumer, Terre Haute, Kentucky Derby, Deutsche Bank, Par Technology, Jefferies, Conagra Brands, Hershey, Nvidia UBS, Nvidia Locations: Churchill, Northern, Northern Virginia, Kentucky, Robinhood

☆ A private-equity takeover is coming for startups
▼ + stars: | 2024-08-12 | by ( Melia Russell | ) www.businessinsider.com time to read: +6 min

The European private equity firm had been eyeing the late-stage startup for five years, impressed by its traction and focus on customer success. The speed of the deal, and the flashy multiple, illustrate how private equity funds are able to swallow startups more often lately. But in the face of rising inflation and interest rates, software customers from tech startups to mom-and-pop shops trimmed their budgets. Andreessen Horowitz plans to invest in the private equity asset class through its family office division. With high interest rates and a liquidity crunch reshaping the landscape, private equity is seizing the moment.

Persons: —, Scott Arnold, AuditBoard, Michael Brown, They're, Brown, Derek Hernandez, Aaron Fleishman, Fleishman, they're, Thoma, Yoni, Rechtman, it's, Catalyst, Andreessen Horowitz Organizations: Service, Business, Battery Ventures, Battery, Tola Capital, Thoma Bravo, Vista Equity Partners, Slow Ventures, Eldridge Industries, Sequoia Locations: Southern California, VCs, Big Tech, Metropolis, North America

☆ The market is not done with the volatility, says Hightower's Stephanie Link
▼ + stars: | 2024-08-12 | 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 EmailThe market is not done with the volatility, says Hightower's Stephanie LinkStephanie Link, Hightower Advisors chief investment strategist and portfolio manager, joins 'Squawk Box' to discuss the latest market trends, state of the economy, what to make of earnings season, and more.

Persons: Stephanie Link Stephanie Link, Hightower Organizations: Hightower Advisors

☆ The worst of the volatility for tech is likely over, says Deepwater’s Doug Clinton
▼ + stars: | 2024-08-12 | 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 EmailThe worst of the volatility for tech is likely over, says Deepwater’s Doug ClintonDoug Clinton, Deepwater Asset Management managing partner, joins 'Squawk Box' to discuss the latest market trends, state of the tech sector, what to make of the recent volatility, and more.

Persons: Doug Clinton Doug Clinton Organizations: Deepwater Asset Management

☆ The aggregate picture is still pretty supportive of equities, says Advisors Capital’s JoAnne Feeney
▼ + stars: | 2024-08-12 | 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 EmailThe aggregate picture is still pretty supportive of equities, says Advisors Capital’s JoAnne FeeneyJoAnne Feeney, Advisors Capital Management partner and portfolio manager, joins 'Squawk Box' to discuss the latest market trends ahead of the opening bell on Monday.

Persons: Capital’s JoAnne Feeney JoAnne Feeney Organizations: Capital Management

☆ Cramer points out current economic issues some companies are ignoring
▼ + stars: | 2024-08-12 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Monday said a variety of companies, to their detriment, won't admit they're hurting due to certain ongoing economic trends. "If they'd just own up, I think they'd earn a lot of credibility for themselves, leading to higher stock prices down the line. Cramer pointed to Jack Daniels maker Brown-Forman , which missed estimates during its most recent quarter and is down about 23% year to date. Cramer also mentioned peer spirit company Diageo , which saw sales decline in its most recent quarter and is down more than 14% year to date. According to Cramer, few companies have lowered prices since they raised them during the Covid-19 pandemic.

Persons: CNBC's Jim Cramer, Cramer, Jack Daniels, Brown, Forman, they'll Organizations: Diageo, Costco, Walmart, Enterprise

☆ I'm a mom of 3 and prefer spending time with my child-free friends
▼ + stars: | 2024-08-12 | by ( Melissa Noble | ) www.businessinsider.com time to read: +4 min

As the years passed and my children grew older, conversations with friends who also have kids thankfully moved on to more stimulating topics. I was reminded of this recently when I caught up with three close friends who are footloose and child-free. Chatting to my friends without kids was like having a glimpse into the person I used to be. Making time for my friends was good for meWhen I left the restaurant, I felt recharged and refreshed. AdvertisementMelissa Noble (left) recently went to a concert with her child-free friends Simone Turner and Sharon Green.

Persons: it's, I've, Melissa Noble, Simone Turner, Sharon Green Organizations: Service, Business Locations: Melbourne, Canada

The connection between business credit cards and personal creditWhen you apply for a business credit card, the process largely looks the same as getting approved for a personal credit card. Failure to make payments, as well as other delinquent behavior on a business credit card, will impact your personal credit because of this personal guarantee clause. How business card usage affects personal creditBeyond the initial hard inquiry from an application, you may be curious to know whether using a business credit card will impacts your personal credit. The same rule applies to business credit cards — and the effects of business card defaults on personal credit scores can be detrimental. As with personal credit cards, applying for multiple business credit cards can impact your personal credit score.

Persons: isn't, That's, Experian, it's, that's, Stella Shon, Stella, LendingTree, you’d, Stella doesn’t, Experience Stella, Dolly, ExperienceExpertiseExperience Read Organizations: Ink, of America, Citi, Bank, Bank of America, Newsbreak, MSN, Yahoo, Aviation, Experience, University of North Locations: Wells, Wells Fargo, USA, Korea, Guatemala, Balearic, University of North Carolina, New York, North Carolina

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Qualcomm, Robinhood, Starbucks, Disney & more
▼ + stars: | 2024-08-12 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Monday's biggest calls on Wall Street: UBS reiterates Nvidia as buy UBS said it's sticking with Nvidia shares heading into earnings later this month. Wolfe downgrades Qualcomm to peer perform from outperform Wolfe said Apple's internal modem use is finally having an effect on Qualcomm. Jefferies upgrades Par Technology to buy from hold Jefferies said it's bullish on shares of the "pure-play" restaurant tech platform. " Deutsche Bank upgrades Eli Lilly to buy from hold Deutsche upgraded the stock following earnings last week. Bank of America upgrades Churchill Downs to buy from neutral Bank of America said it likes the racing company's growth pipeline.

Persons: Morgan Stanley, Disney, it's, Wolfe, Qualcomm, Wedbush, it's bullish, Jefferies, Walmart Evercore, Piper Sandler, Piper, HOOD, Goldman Sachs, Mills, Goldman, Canaccord, Mizuho, Cummins, Wells, PRU, Eli Lilly, Churchill, Jim Anderson Organizations: UBS, Nvidia, RBC, Ardent Health, Ardent Health Partners, Inc, Qualcomm, Jefferies, Technology, Walmart, HSBC, GE Vernova, GE, Micron, MU, Elliott, Bank of America, Liberty Global, underperform Bank of America, Liberty, Prudential, Allstate, Deutsche Bank, Deutsche, of America, " Bank of America Locations: Asia, Cupertino, Wells, Churchill

☆ Disney World is entering its villain era
▼ + stars: | 2024-08-11 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +6 min

Read previewDisney Experiences Chairman Josh D'Amaro unveiled ambitious plans for Walt Disney World, including new attractions and in-park destinations. Advertisement"As we develop the next generation of Disney Experiences, we're always looking for new ways to tell the stories people love," D'Amaro said. Representatives for Walt Disney World did not immediately respond to a request for comment from Business Insider. Disney beyond FloridaD'Amaro also shared details about how other Disney theme parks would expand. AdvertisementAlthough Disney is investing heavily in its domestic theme parks, it also plans to expand Disneyland Paris and Shanghai Disneyland.

Persons: —, Josh D'Amaro, D'Amaro, Araya Doheny, Disney, who've, we're, Joe Burbank, Indiana Jones, Hugh Johnston, Ron DeSantis, Disney hadn't, Florida D'Amaro, James Cameron's Organizations: Service, Walt Disney, Disney, Lucasfilm, Marvel Studios, Business, Walt Disney World, Central Florida . Magic, Magic Kingdom, Orlando Sentinel, Tribune, Getty Images, Pueblo Esperanza, Hollywood Studios, Pixar, Inc, The Central, Florida Gov, Marvel, Disney California, Shanghai Disneyland Locations: Anaheim , California, Central Florida, Florida, Animal Kingdom, Pueblo, Disney, The Central Florida, California, Paris, Shanghai

☆ Social media keeps catching Wall Street off guard
▼ + stars: | 2024-08-11 | by ( Laila Maidan | ) www.businessinsider.com time to read: +11 min

In 2015, he created TickerTags, a social media data aggregator that tracks company mentions, and sold it to Jefferies' M Science. To be fair…Speculating and making decisions based on social media trends is a risky wager. Wall Street doesn't always respond to social media trends that could negatively drive fundamentals because there aren't tools to understand the impacts, McKeown noted. In the event a social media trend is mentioned, it's not factored into their valuation model, Ober added. How social media sentiment plays into a thesis should depend on an investor's time horizon.

Persons: It's, Bud Light's, influencer Dylan Mulvaney, BUD, Kirk McKeown, Chris Camillo, Jefferies, Camillo, Bud, didn't, Paul Johnson, Laxman Narasimhan, misperception, Sara Senatore, I've, Senatore, Chipotle, Keith Lee, dollies, Brian Niccol, Goldman Sachs, They're, Matt Ober, they're, I'd, McKeown, it's, Ober Organizations: Service, Business, Anheuser, Busch, Wall Street, Pew Research Center, Molson, TAP, Starbucks, Nicusa Investment, Columbia Business School, of America Locations: Palestine, Gaza, SBUX

☆ A Gen Z data scientist says AI jobs require more than coding — and don't expect to be a loner at work
▼ + stars: | 2024-08-11 | by ( Ana Altchek | ) www.businessinsider.com time to read: +5 min

Read previewThere's more to an AI job than simply writing code. She's been developing an AI tool that provides employees with insights into their work patterns, such as meeting trends and work routines. Parse said about 70% of her job is data science, which requires reviewing and analyzing data sets. AI roles are often highly collaborativeSoftware engineers have been known to be loners, but don't count on solitude if you're working in AI. Related storiesWhile some engineering roles tend to be independent, Parse said, "AI projects are rarely done solo."

Persons: —, it's, It's Organizations: Service, Autodesk, Business, Software

☆ 6 things you could be doing wrong if you're struggling to get a job
▼ + stars: | 2024-08-11 | by ( Madison Hoff | ) www.businessinsider.com time to read: +9 min

AdvertisementBut for job seekers who are struggling, there are ways you can try to improve your odds. Related storiesHaller said job seekers should reply to a job posting within 24 hours "to at least have a shot to be in the mix." That's how long Haller said job seekers have "to capture somebody's attention by your résumé or by your profile." Haller said job seekers may want to see who they can contact at the company beforehand. Getz said "to be cautious about how often you're following up" because you're not the only job candidate a hiring manager is talking to.

Persons: —, Leanne Getz, Stacie Haller, ResumeBuilder.com, Haller, Gabrielle Davis, I'm, Davis, company's, Getz, it's, I've, you've, doesn't Organizations: Service, of Labor Statistics, Business, LinkedIn Locations: mhoff@businessinsider.com

Children born after 2010, Gen Alpha are the internet’s newest darlings. Gen Alpha’s hyper online manner of speaking has been dubbed “brainrot,” mostly by older Gen Zer’s who share spaces like TikTok with them. It evolves so quickly online.”With the new slang, Gen Alpha itself has gained a reputation. When older people try to use Gen Alpha slang, “It’s kind of embarrassing,” Beryl said. “Every single person throughout history has always complained about how the younger generations are ruining language with their made-up slang,” Aleksic said.

Persons: Gen Z’s, ”, ” Everyone’s, Gen Alpha, Zer’s, Camille Nisich, “, We’re, Michael Petersen, Beryl, he's, Michael Petersen “, Adam Aleksic, you’ve, Alpha, Michael Bay, it’s, It’s, Z’s, Kai Cenat, Fanum, Marigold, cuz, ” Aleksic, Aleksic, Neal Broverman, Calvin, ” Nisich, ” Beryl, They’re, ” Neal Broverman, Neal, Zers, “ There’s, “ It’s Organizations: Alpha, Hollywood, bae ”, Google Locations: Roblox, “, Marigold, “ Ohio, Ohio, Tennessee

☆ American workers are stuck in place because everyone is too afraid of a recession to quit
▼ + stars: | 2024-08-10 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +5 min

The stagnation has resulted in a rise in "stuck" workers — frustrated employees who say they want to quit a job, but are staying put as the fear of a potential recession looms in the backs of their minds. Google search interest for the search phrase "quitting job" is down 11% over the last year, according to data accessed from the search analytics tool Glimpse. AdvertisementGoogle search interest in the term "recession" has exploded 230% over the past month, Glimpse data shows. Google search interest in "recession" has more than doubled in the past month. Job market forecasters say the slowdown in hiring looks poised to continue, even if the Fed begins to loosen monetary policy.

Persons: —, That's, Amanda, It's, I've, Raymond Lee, Careerminds, Korn, Radhika Papandreou, Papandreou Organizations: Service, Business, Bureau of Labor Statistics, Conference Board, Google, Fed, National Federation of Independent

☆ Buy the dip in tech stocks including Nvidia amid market uncertainty, Bank of America says
▼ + stars: | 2024-08-10 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

There's still plenty of top technology stocks to buy even as the market unease continues, according to Bank of America. Apple Services saw record revenue, leading Mohan to conclude there's plenty of upside ahead for Apple shares as new products debut in September. Apple shares are down about 3% this month. Meanwhile, Netflix shares are down almost 8% over the last month. Palantir "PLTR's dominant position in the AI-powered software market, differentiated end-to-end, ontology-powered & highly secure solutions and first mover advantages should support revenue growth and improving profits in the midterm.

Persons: Palantir, Wamsi Mohan, Tim Cook, Mohan, Jessica Reif Ehrlich, Reif Ehrlich, BofA, Uber, Justin Post, Post, he's bullish, Nvidia, Blackwell Organizations: Bank of America, CNBC, Netflix, Nvidia, Apple, Apple Intelligence, Apple Services, Post, Uber, intel, TAM Locations: Bank

The S&P 500 advanced 0.47% to finish at 5,344.16. This week marked the most volatile week of 2024 for the market. The Dow on Monday tumbled 1,000 points, while the S&P 500 lost 3% for its worst day since 2022. At the Monday lows, the S&P 500 was down nearly 10% from its recent all-time high. It is not just equity markets that have had a volatile week.

Persons: Stocks, Spencer Platt, Jay Hatfield, ” Hatfield Organizations: Nasdaq, Dow Jones, Dow, Federal Reserve, New York Stock Exchange, Wall, Treasury, Capital Locations: U.S, unwind, Hatfield, “

☆ Ten years after Ferguson, data on police killings shows a lack of progress
▼ + stars: | 2024-08-09 | by ( Matthew Danbury | Matthew Danbury Is A Data Graphics Intern For Nbc News. | ) www.nbcnews.com time to read: +2 min

“Police violence hasn’t stopped,” said Sirry Alang, professor of Black communities and social determinants of health at the University of Pittsburgh. And in the decade since, data shows there has not been an increase in charges brought against officers. Philip Stinson, a professor of criminal justice at Bowling Green State University, has tracked cases of police officers charged with murder or manslaughter resulting from on-duty shootings since 2005. Data is aggregated from publicly accessible media sources and reviewed by Campaign Zero’s researchers. The database shows that documented police killings have steadily increased in recent years.

Persons: hasn’t, ”, Sirry Alang, we’ve, Eric Garner, Brown, Garner, Philip Stinson, Stinson, ” Stinson Organizations: Police, University of Pittsburgh, University of North, Bowling Green State University, NBC, The Washington Post Locations: Ferguson, New York, University of North Carolina

☆ 2 cofounders whose last company sold to Amazon have raised $5 million to turbocharge a new comic-book startup. Read their pitch deck.
▼ + stars: | 2024-08-09 | by ( Dan Whateley | ) www.businessinsider.com time to read: +4 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Steinberger cofounded the comic-book platform Comixology in 2007, where Mosher would later serve as head of content. The pair joined Amazon in 2014 after it acquired the upstart, helping to shape the tech giant's digital comics and manga content experience. That background gave the pair a leg up when it came time to fundraise for Dstlry, Steinberger told Business Insider. "We spent a lot of time on the deck trying to really refine the storytelling," Steinberger said.

Persons: —, Dstlry, Chip Mosher, David Steinberger, Mosher, Steinberger, Lorenzo di Bonaventura, Mike Vorhaus, John Schappert, It's Organizations: Service, Business, Amazon, 1AM Gaming, Kodansha, Warner Bros

Search resuls for: "Trends"

25 mentions found