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San Francisco tech bros lacked consideration and were more homogenous to one another. New York City tech bros are more diverse and considerate, yet dating remains complex. I've dated tech bros in San Francisco and New York City and have found that each city attracts completely different types of men. I wasn't looking to date tech bros, it just so happened every man I went on a date with in San Francisco was. Tech bubbles exist in San Francisco and New YorkMost San Francisco tech bros I met would be dressed in their Patagonia vests and work uniforms like a copy and paste of one another.
Persons: Chloe Diaz, , It's, Bumble, would've, I'd, Mason Margiela, They're, I've, haven't, Tess Martinelli Organizations: bros, San, Service, Arizona State University Law School, San Francisco and New, Big Tech, Spotify Locations: San Francisco, NYC, New York City, San Francisco and, San Francisco and New York City, San Francisco and New York, Patagonia, New York, York, tmartinelli
The rise of cold coffee
  + stars: | 2024-11-15 | by ( Ryan Baker | Tala Hadavi | Jason Reginato | ) 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 rise of cold coffeeSpending on iced coffee, cold brew and frozen coffee drinks accounts for 20% of the $88 billion U.S. out-of-home coffee market in 2023. In 2016, that number was 13%. Cold beverages now account for a majority of beverage sales for coffeehouse chains like Starbucks, Dunkin' and Dutch Bros. Analysts say that many younger Americans drink it all year around. Watch the video to learn why cold coffee has become so popular in the U.S.
Persons: Dunkin Organizations: Bros, Analysts Locations: U.S
Mosfilm's head told Putin that it donated 28 T-55 tanks and eight PT-76 tanks to the defense ministry. Mosfilm's website says the studio has over 190 armored vehicles, armored personnel carriers, and self-propelled guns, though it described them as being "disguised" as equipment from various periods. Still, Shakhnazarov's statement comes as Moscow has struggled to maintain its inventory of armored vehicles amid heavy losses in the last two years. Figures from Dutch open-source tracking group Oryx say that Russia has lost 10,888 armored vehicles since the war began, including 3,558 tanks. AdvertisementThe Russian Defense Ministry and Mosfilm did not respond to requests for comment sent outside regular business hours by Business Insider.
Persons: Putin, , Mosfilm, Karen Shakhnazarov, Vladimir Putin, Shakhnazarov Organizations: Service, Warner Bros, Kremlin, Armed Forces, Royal United Services Institute, Russian Defense Ministry, Business Locations: Russia, Ukraine, Moscow
Here's why Americans are obsessed with iced coffee
  + stars: | 2024-11-15 | by ( Ryan Baker | ) www.cnbc.com   time to read: +3 min
In 2023, Americans spent about $17.7 billion on out-of-home cold coffee including iced coffee, cold brew and frozen coffee drinks. Giants like Starbucks have played a major role in iced drinks taking share from more traditional hot coffee. 45% of coffee drinkers ages 18 to 24 said they had a cold coffee in the past day according to a survey conducted in July 2024 by the National Coffee Association. Cold coffee drinks are highly customizable, with syrups, toppings and cold foam incorporated into many of the popular offerings at major coffeehouse chains. Watch the video to learn more about why cold coffee has taken off in the United States.
Persons: Matthew Barry, Kelsey Olsen, Olsen, Dunkin, Barry, David Henkes Organizations: Giants, Starbucks, Euromonitor, National Coffee Association, Mintel's, Bros, CNBC Locations: U.S, Mintel's U.S, Technomic, United States
For Disney's fiscal 2025, streaming will generate enough operating income to offset the parallel decline in operating income from linear TV, Johnston said in an interview. Disney projects entertainment direct-to-consumer operating income will increase by about $875 million next year over fiscal year 2024. That would put the division at over $1 billion in operating income for the coming fiscal year. Disney's combined streaming businesses improved their profitability in the company's fiscal fourth quarter, posting operating income of $321 million. For the year, Disney's entertainment streaming platforms (Disney+ and Hulu) made $143 million in operating income.
Persons: Gabby Jones, Warren Buffett, CNBC's Becky Quick, it's, Buffett, Hugh Johnston, Johnston Organizations: Disney, Bloomberg, Getty, Paramount Global, Warner Bros, Hulu, ESPN Locations: Brooklyn, New York, Omaha
Elon Musk is a showman, not an accountant
  + stars: | 2024-11-14 | by ( Allison Morrow | ) edition.cnn.com   time to read: +6 min
The merch will be 🔥🔥🔥”If you need more evidence of how silly this whole thing is, note (as many commentators did online) that the efficiency department is being overseen by two people. On the campaign trail last month, Musk was asked how much he thought he could cut from the nation’s $6.5 trillion budget. Musk would be lucky to find $200 billion in the federal budget, former Treasury Secretary Larry Summers said at the Economic Club of New York on Tuesday. Even Trump joked to House Republicans on Wednesday that he can’t get rid of Musk, a source in the room told CNN. And that means Musk himself, as Tesla’s largest individual shareholder, is $55 billion richer today than he was a week ago.
Persons: Donald Trump, Elon Musk, , he’s, Vivek Ramaswamy, ” Trump, Elon, Vivek, Trump, Musk, ments on Organizations: New, New York CNN, bro, “ Department, Government, Ford, United Airlines, Republican Congress Locations: New York, le
Disney dodges the Trump question
  + stars: | 2024-11-14 | by ( Peter Kafka | ) www.businessinsider.com   time to read: +4 min
Last week, Warner Bros. "In a way, we've already consolidated," he said on the company's earnings call Thursday morning, in response to a question about M&A possibilities during Trump 2.0. Disney, like other media companies that have news organizations, has already drawn Trump's ire, during the 2024 campaign. During that fight, conservatives harped on the company, calling it too "woke," while liberals — including some Disney employees — felt the company wasn't forceful enough in standing up for diversity. AdvertisementIt's no surprise, then, that Iger didn't say the word "Trump" once during his call.
Persons: Bob Iger, Iger, he's, , Trump, we've, Rupert Murdoch's Fox, David Zaslav, Zaslav, John Malone, Malone, it's, JD Vance, Matt Gaetz, Murdoch's, Kamala Harris, He's, Paramount's, Ron DeSantis, harped Organizations: Warner Bros, Discovery, Service, Trump, Disney, Comcast, Big Tech, of Justice, Time Warner, Murdoch's Disney, ABC, Paramount's CBS, Gov Locations: Hulu, Disney's, Florida
NBC Sports still expects to come to a deal with Tesh, according to a person familiar with the matter. How to value a theme song like "Roundball Rock" is nebulous at best. Any sports fan of the 1990s can tell you that John Tesh's "Roundball Rock" is synonymous with "The NBA on NBC." NBC Sports still expects to come to a deal with Tesh, according to a person familiar with the matter. How to value a theme song like "Roundball Rock" is nebulous at best.
Persons: Alex Sherman, John Tesh, I'm, Tesh, NBC Sports isn't, hasn't, Marv Albert, Bob Costas, NBA hasn't, there's, he's, Mark Wilf, Donald Trump, Wilf, Adam Silver, Silver, NBCU's Peacock, David Zaslav, John Malone, Greg Maffei, Malone, Diamond, That's, Mike Tyson, Jake Paul, it's, CNBC's Lillian Rizzo, Mike Ozanian, , Juan Soto, Ohtani, Paul Archuleta, John Tesh's Organizations: CNBC, NBA, NBC, NBC Sports, Disney, Amazon, Warner Bros, Fox Sports, Big East, Chicago Bulls, Tesh, Minnesota Vikings, Major League Soccer's Orlando City, Orlando Pride, Vikings, Orlando, Paley Center for Media, Summit, ESPN, TNT, CNBC Sport, Liberty Media, Liberty, Atlanta Braves, Diamond Sports, Major League Baseball, NHL, Fitness, Holdings, Netflix, NFL, Philadelphia Phillies, NBC Sports Philadelphia, Industry, Hallmark, Universal Studios Hollywood, Getty Locations: Nashville, Orlando City, Trump, Texas, London, Universal City , California
AdvertisementSome Disney insiders worry about the impact of a second Trump term on the company amid culture wars. Disney CEO Bob Iger and Donald Trump publicly sparred during Trump's first presidential term. During Trump's first term, Iger seemed to publicly align with his opposition. One person close to Disney speculated about whether the political climate would lead news outlets such as Disney's to self-censor. "The risk to these guys is, they have to tone down the rhetoric," the person close to Disney said.
Persons: Bob Iger, Donald Trump, Trump's, Iger, Trump, Harris, Puck, Elon Musk, Nelson Peltz, Dana Walden, Kamala Harris, Disney, I'm, irking Trump, Walden's Harris, He's Organizations: Disney, Trump, Business, ABC, Elon, CNBC, New York Post, ABC News, Warner Bros, Hulu, Sinclair Locations: Hollywood, Iger, Paris, Fox
Disney stock surges on streaming growth, guidance
  + stars: | 2024-11-14 | by ( Lillian Rizzo | ) www.cnbc.com   time to read: +6 min
Disney | PixarDisney reported its fiscal fourth-quarter earnings Thursday, narrowly beating analyst estimates as streaming growth helped propel its entertainment segment. During Disney's fiscal 2025, the company expects high-single-digit adjusted earnings growth compared with the prior fiscal year. Disney anticipates double-digit percentage growth in operating income for its entertainment segment for fiscal 2025. Streaming stridesThe atmosphere at the Disney Bundle Celebrating National Streaming Day at The Row in Los Angeles on May 19, 2022. During the fiscal fourth quarter Disney's streaming entertainment ad revenue was up 14% due to Disney+, and executives expect it to be a driver of streaming revenue going forward.
Persons: , Bob Iger, who's, they're, Hugh Johnston, Disney, Presley Ann, Walt Disney Organizations: Disney, Pixar Disney, Revenue, Warner Bros, Getty, Hulu, ESPN, Discovery, Netflix, Comcast, Paramount Global, " Media, U.S, Walt Locations: Los Angeles, India
Revenue in the fiscal fourth quarter totaled $22.57 billion, topping the $22.45 billion expected by analysts, according to estimates compiled by LSEG. And the good run should continue, with management forecasting earnings growth acceleration over the next couple of years. Roughly $15 billion in cash flow from operations vs. $14.8 billion expected, and about $8 billion in capital expenditures vs. $6.54 billion expected. That implies free cash flow of about $7 billion vs. $8.1 billion expected. In entertainment, the team forecasts double digit percentage growth in operating income, with 10% operating margin in its streaming businesses.
Persons: Robert Iger's, Iger, hasn't, Jim Cramer's, Jim Cramer, Jim, Mickey Mouse, Mouse, Gary Hershorn Organizations: Disney, Revenue, LSEG, Management, ESPN DTC, ESPN, DIS, Comcast, Netflix, Warner Bros Discovery, Paramount Global, Sports, CNBC, Magic, Walt Disney World, Corbis, Getty Locations: Florida, India, Orlando , Florida
Liberty Media announced Wednesday that it's spinning off most assets besides Formula One auto racing into a separate publicly traded company, called Liberty Live, and that CEO Greg Maffei is stepping down at year-end. After the split, Liberty Media will hold Formula One, which Liberty acquired in 2016 and later spun out as a tracking stock, and MotoGP, upon the closing of that transaction. The Liberty Media and Liberty Live split is expected to be completed in the second half of 2025, and the sale of Liberty Broadband to Charter is projected to be completed in mid-2027. "Following today's announcements at Liberty Media and Liberty Broadband, all the Liberty acquisitions completed during my tenure are now in structures where shareholders can have more direct ownership in their upside," Maffei said in a separate release. He's chairman of the board of Liberty Media, Liberty Broadband and Liberty Global.
Persons: Greg Maffei, John Malone, Malone, Chris Marangi, it's, It's, Quint, Maffei, He's, Discovery — Organizations: Liberty Media, Formula, Liberty, Liberty Media . Liberty, Gabelli, MotoGP, Live Nation Entertainment, Communications, Liberty Broadband, Liberty Live Group, Charter, Warner Bros, Discovery, Liberty Global, TCI, AT Locations: Manhattan, Liberty
We've put together everything you need to know about where to watch St. Denis Medical, including live streaming and on-demand details. St. Denis Medical follows the administrative and medical employees at an underfunded hospital in Oregon. At the helm is sitcom mainstay Wendi McLendon-Covey, of Reno 9-1-1, and The Goldbergs fame, who plays the executive director of St. Denis Medical. At $8/month, the plan will let you watch episodes of St. Denis Medical with ads the day after they air. Check price at ExpressVPNSt. Denis Medical trailerNBC dropped an official trailer for St. Denis Medical in mid-August.
Persons: We've, Denis Medical, Wendi McLendon, Covey, Allison Tolman, Kaliko Kauahi, Josh Lawson, David Alan Grier, Mekki Leeper, Kahyun Kim, Justin Spitzer, Eric Ledgin, Spitzer, Ledgin, you've, we'll, Peacock, Fubo, ExpressVPN, Denis Organizations: Business, NBC, American Auto, Parks, Recreation, St, Peacock, DirecTV, MSNBC, Warner Bros, DirecTV Stream, ExpressVPN St, Denis Medical Locations: Oregon, Reno, America, Peacock's, USA, ExpressVPN
Piper Sandler names Nvidia a top pick The firm said Nvidia is a new top pick. Morgan Stanley reiterates Dell as overweight Morgan Stanley raised its price target on Dell to $154 per share from $136. Morgan Stanley reiterates Nvidia as overweight The firm raised its price target on Nvidia to $160 per share from $150. Wedbush reiterates Tesla as outperform The firm said Tesla remains well positioned. "We are raising our price target on Tesla to $400 from $300 as we believe the Trump White House win will be a gamechanger for the autonomous and AI story for Tesla and Musk over the coming years."
Persons: Wedbush, Piper Sandler, Bernstein, BURL, Morgan Stanley, Dell, DELL, Wolfe, underperform Wolfe, We've, WBD, Blackwell, Cabot, Tesla, Raymond James downgrades Bloomin, Raymond James Organizations: UBS, Vale, Nvidia, Blackwell, Citi, Apple, JPMorgan, Dell, Warner Bros, NBA, Deutsche Bank, Cisco, Orion, Trump White House, Bank of America Locations: China, Burlington, Brazil
Wedbush's Dan Ives raised his price target on Tesla to $400 a share from $300, implying 24.5% upside from Friday's close. More love for longtime Club stock Nvidia : Morgan Stanley upped its price target on the AI chip king to $160 a share from $150 at Morgan Stanley. Club name Palo Alto Networks had its PT raised to $425 a share from $410 at Barclays. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Wedbush's Dan Ives, Donald Trump's, Trump, Wednesday's, Cigna, Morgan Stanley, Piper Sandler, Dell, Wells, Jim Cramer's, Jim Cramer, Jim Organizations: Trump, Nasdaq, Dow, Home, Disney, JPMorgan, Cisco Systems, Cisco, Humana, Medicare, Club, BlackRock, Deutsche Bank . BlackRock, House, Wolfe Research, Warner Bros, longtime Club, Nvidia, Melius, Dell Technologies, Bank of America, PT, Federal, Palo Alto Networks, Barclays, Analysts, Jim Cramer's Charitable, CNBC Locations: Ives, Wells, Alto, Palo
The reality is that both parties learn lessons from losing elections that apply only in the short term — say, from one presidential election to the next midterm or from one midterm to the next presidential election. Not anymore — it’s why Democrats usually overperform in special elections, with more devoted “every election” voters right now. Meanwhile, in the non-battlegrounds, which were more affected by the basic “mood music” of the election, Democrats were shellacked. The seeds of discontent with this version of the Democratic Party can be traced back a decade to Obama’s decision to anoint Hillary Clinton as his successor. Democratic presidential candidates Hillary Clinton and Sen. Bernie Sanders, I-Vt., at the CNN Democratic presidential primary debate in New York City on April 14, 2016.
Persons: inbox, It’s, Donald Trump, Devin Yalkin, doesn’t, Karl Rove, Barack Obama, Joe Biden’s, Biden, Bill Clinton, Obama, Clinton, Harris, Court's Dobbs, Dobbs, Trump, I’m, Kamala Harris, Morry Gash, hadn't, misfired, Deb Fischer, Dan Osborn, Osborn, Josh Shapiro, wasn’t, Harris wouldn’t, They’ve, Franklin D, Roosevelt, John F, Kennedy, Lyndon B, Johnson, Hillary Clinton, he’d, Sen, Bernie Sanders, Justin Sullivan, Democratic Party didn’t, Sanders, Bernie Bros, Joe Rogan, , didn’t, nitpick, , Bob Dole, Al Gore, John Kerry, John McCain, Mitt Romney, What's, Elon, MAGA, Michael Dukakis Organizations: NBC, Trump, Democratic, Democratic Party, Biden, GOP, Democrats, Social Security, Senate, Electoral, Massachusetts Democrat, San, San Francisco Democrat, CNN Democratic, Clinton, Obama, Trump bros Locations: West Palm Beach, Fla, Plenty, , Pennsylvania, Georgia, Arizona , Nevada , Michigan, Wisconsin, Madison, Wis, America, Texas, Massachusetts, San Francisco, New York City, Trump, Iowa, Clinton
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHigher coffee prices are likely episodic, says Wedbush's Nick SetyanNick Setyan, Wedbush Securities managing director, joins CNBC's 'Power Lunch' to discuss how coffee's high trading price is impacting coffee chains, where Starbucks and Dutch Bros have advantages, and more.
Persons: Nick Setyan Nick Setyan Organizations: Wedbush Securities, Starbucks, Dutch Bros
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDutch Bros. CEO Christine Barone goes one-on-one with Jim CramerDutch Bros. President and CEO Christine Barone joins 'Mad Money' host Jim Cramerto talk quarterly results, consumer trends and more.
Persons: Christine Barone, Jim Cramer Dutch, Jim Cramerto Organizations: Bros, Jim Cramer Dutch Bros
download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, the Fed cutting interest rates yesterday was never really in doubt . Additional rate cuts aren't as clear, though, as Donald Trump's proposed widespread tariffs could slow down the Fed's plans . The market is indicating inflation could lead the Fed to keep borrowing rates high. AdvertisementGreg McBride, chief financial analyst at Bankrate.com, told Insider Today that Fed Chair Jerome Powell didn't indicate a pause in cuts was coming in December during Thursday's press conference.
Persons: , MANDEL NGAN, Chelsea Jia Feng, Donald Trump's, Paul Krugman, It's, Chip Somodevilla, Greg McBride, Jerome Powell didn't, Powell, McBride, There's, Dominique Lapointe, Lapointe, Trump, ANGELA WEISS, Morningstar, Trump's, Dave Sekera, Goldman execs, Goldman Sachs, David Solomon, Donald Trump, Jenny Chang, Rodriguez, Elon Musk, David Zaslav, Zaslav, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Ella Hopkins, Amanda Yen, Milan Sehmbi Organizations: Business, Service, Getty Images, BI, Federal Reserve, Treasury, Fed, Manulife Investment Management, Morningstar, Elon, Trump, Keystone State, Big Tech's, Walmart, Target, Costco, Big Media, Warner Bros, Discovery, Paramount, Sony Locations: AFP, China, Pennsylvania, New York, London
Dutch Bros. CEO Christine Barone described the coffee chain's cross-country expansion plans in a Friday interview with CNBC's Jim Cramer, saying it may be some time before the Oregon-based company opens stores in the Northeast region. "We're really growing in a contiguous way, so that we're growing across states that are next to each other," Barone said. Dutch Bros. operates in 18 states on the West Coast and in the South, including in California, Arizona and Texas. The company made its market debut in 2021, and the stock is currently up 48.97% year-to-date. It reported a solid quarter Wednesday night that sent shares surging more than 28% Thursday, and they continued to climb during Friday's session, closing up more than 5%.
Persons: Christine Barone, CNBC's Jim Cramer, " Barone, it'll Organizations: Bros Locations: Oregon, Northeast, Florida, West, California , Arizona, Texas
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMight be a 'little while' before Dutch Bros. expands to the Northeast U.S., says CEO BaroneDutch Bros. President and CEO Christine Barone joins 'Mad Money' host Jim Cramerto talk quarterly results, consumer trends and more.
Persons: Barone Dutch, Christine Barone, Jim Cramerto Organizations: Bros, Barone Dutch Bros Locations: Northeast U.S
Warner Bros. Discovery said Thursday its streaming platform Max added 7.2 million global subscribers in the third quarter. Max now has 110.5 million subscribers as of Sept. 30. Warner Bros. Adjusted EBITDA for the segment was $289 million, an increase of $178 million compared to last year.
Persons: Max, Barbie Organizations: Warner Bros, Discovery
Discovery says it will beef up ads on its Max streaming service. Max added 7.2 million subscribers in its third quarter, reaching 110.5 million total subscribers. Discovery's Max streaming service. The newest player in streaming ads, Amazon, recently said it would increase its ad load in Prime Video after rolling out ads to the service in January. Rival Netflix, by comparison, added 5.1 million subscriptions in its most recent quarter and now has 282.7 million subscribers in total.
Persons: Max, , WBD, JB Perrette, Perrette, Jennifer Halloran Max, we're, David Zaslav, Jon Steinlauf, who's Organizations: Warner Bros, Service, Boston Red Sox, HBO, Media, DC, Paramount, Pluto, Nielsen, Netflix Locations: Max
The stock had popped 5.9% on Wednesday after the Republican was elected the 47th president of the U.S. Warner Bros. Lyft expects current-quarter bookings to come in between $4.28 billion to $4.35 billion, topping a FactSet consensus of $4.23 billion. Wolfspeed posted revenue of $195 million for the first fiscal quarter, missing the LSEG consensus forecast by $5 million. Arm posted adjusted earnings per share of 30 cents on revenue of $844 million for the second quarter. AppLovin also guided its fourth-quarter EBITDA of $740 million to $760 million, higher than the $667 million StreetAccount forecast.
Persons: LSEG, Donald Trump's, Armour, , Lyft, Wolfspeed, AppLovin, Zillow, Alex Harring, Sean Conlon, Hakyung Kim, Yun Li, Lisa Kailai Han Organizations: Bros, Dutch Bros, Trump Media & Technology, Republican, U.S, Warner Bros, , Discovery, FactSet . Arm Holdings, LSEG, Gilead Sciences Locations: Gilead
David Zaslav wanted a new president that was open to M&A. And we still don't know if Trump will have problems with specific deals — like he did when AT&T wanted to buy Time Warner. AdvertisementDavid Zaslav wanted a new president who would make it easier for his company to buy other companies — or sell itself. The second version of the Trump administration may be a boon for media companies facing "generational disruption," the Warner Bros. AdvertisementBut even if the new Trump administration is more receptive to big deals, that doesn't make them a foregone conclusion.
Persons: David Zaslav, Trump, , it's, Zaslav, John Malone, there's, Joe, Biden, Lina Khan, Jonathan Kanter, Shari, There's, Time Warner's, Rupert Murdoch's, Malone Organizations: Big Media, Time Warner, Service, Warner Bros, Discovery, Netflix, Federal Trade Commission, Department of Justice, Paramount, Trump, Trump's Department of Justice, Time Warner's CNN, T, Disney, CNN
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