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☆ A lower-risk trade using options on an AI-derivative play that's breaking out
▼ + stars: | 2024-10-16 | by ( Tony Zhang | ) www.cnbc.com time to read: +3 min

As industries increasingly rely on real-time AI models, AKAM's infrastructure offers both speed and security by processing data closer to users. Combined with the company's attractive valuation, it offers substantial upside potential, with the chart showing growing investor interest in its AI-driven opportunities. Trading at only 15 times forward earnings, it's a significant discount relative to its industry average of nearly 28. AI models distributed on AKAM's extensive edge computing network provide significant upside potential, especially as demand for low-latency AI solutions increases across various industries. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Organizations: CNBC, NBC UNIVERSAL Locations: OptionsPlay

☆ Pets in China are earning ‘snack money’ in cafes as their owners send them to work
▼ + stars: | 2024-10-15 | by ( Cnn Staff | ) edition.cnn.com time to read: +5 min

A dog cafe in Fuzhou, in southeastern China. In recent months, cafe owners and pet owners alike have been posting recruitment ads and CVs on Xiaohongshu, China’s answer to Instagram. “We offer a snack per day, and a 30% discount for pet owner’s friends!”CNN reached out to some of the cafe owners for comment. She’s been on the lookout for a job for her 2-year-old tuxedo cat, Zhang Bu’er, which means “not stupid” in Chinese. Xin posted her cat’s CV on Xiaohongshu on September 8, hoping to find him employment at a cat cafe, but hasn’t had any luck yet.

Persons: Jane Xue, Xue, ”, “ Summers, Jane Xue Xue’s, Goldman Sachs, “, ” Xue, ‘, Zhang Bu’er, Xin Xin, Shiba, She’s, Xin, hasn’t, God, Zhang Bu’er’s, ” Xin, CNN’s Joyce Jiang Organizations: CNN, Visitors, ” CNN Locations: Fuzhou, China, Xiaohongshu, Beijing, Guangzhou, CBNData, China’s

☆ I drove an $84,000 Mercedes-Benz Cabriolet to see if lives up to the brand's legacy of iconic convertibles
▼ + stars: | 2024-10-15 | by ( Benjamin Zhang | ) www.businessinsider.com time to read: +1 min

The all-new 2024 Mercedes-Benz CLE Cabriolet replaces the defunct C-Class and E-Class convertibles. Go to newsletter preferences Thanks for signing up! The Germany-based automaker has remained committed to convertibles, offering them on variants of its C-Class, E-Class, S-Class, and AMG-GT supercar in addition to the SL Roadster in recent years. This year, Mercedes-Benz consolidated its convertible lineup to just two models, the CLE and SL. The four-seat CLE Cabriolet, which combines the former C-Class and E-Class convertibles, is all-new for 2024.

Persons: — Organizations: Benz, Service, SL Locations: Germany

☆ Can these ultra-exclusive luxury destinations help extend your life? They’d certainly like to try
▼ + stars: | 2024-10-14 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +13 min

Or residents can indulge in hyperbaric treatments, breathing in 100% oxygen in a pressurized chamber which has shown promising anti-aging results. Ice plunges and saunas in renderings of the 122-story Six Senses Residences in Dubai, due to be completed in 2028. This year, a new offering by Equinox includes biomarker testing and customized coaching for fitness, nutrition and recovery. A quest for peak performanceContinuum Club, located in New York City, takes a similar approach to health with the help of AI. Paul Bundy“(Can) you ski longer, hike faster, push the human potential and boundaries within recreational modalities?” Zhang posed.

Persons: ”, Kevin Cavaco, Harley Pasternak, Kim Kardashian, Lady Gaga, Halle Berry, he’s, I’ve, Bryan Johnson, —, ’ biometrics, Tom Wingert, Brian Berkowitz, We’ll, “, we’re, ‘, what’s, Wingert, Matthew McConaughey, Ken Hayden, Christian Davies, Davies, Covid, Priya Mrinal, Woods Bagot, Reed Hastings, Jenny Holzer, James Turrell, Arthur Jafa, Paul Bundy, Alex Zhang, Paul Bundy “, Zhang, We’re, Pasternak Organizations: CNN, Dubai Marina, Dubai, Apple, Equinox, Continuum, Continuum Club, Netflix Locations: Dubai, Prairie, Switzerland, Lanserhof, Austria, New York City, Sedona , Arizona, Arizona, Sedona, Dubai Marina, Utah, Aspen, Deer, it’s

☆ I've spent over $10K on friends' weddings in 2.5 years. Anyone who puts you in a hard financial situation isn't a good friend.
▼ + stars: | 2024-10-12 | by ( Jane Zhang | ) www.businessinsider.com time to read: +10 min

Shannon Detrick has spent over $10,000 for friends' weddings and bachelorette parties since 2022. And that doesn't even include the four weddings for which we've been guests but not part of the wedding party. At the wedding, most of the members of our wedding party stayed for free in the big house on the wedding venue's property. There's also the issue of budgeting time off to attend friends' weddings — it starts to add up. That can be really, really challenging.

Persons: Shannon Detrick, —, I've, That's, we've, it's, It's, wasn't, we're, There's, she's, could've, I'm, Jane Zhang Organizations: Service Locations: Sacramento , California, Palm Springs, Miami, New Orleans, Denver, Maine, California, Sonoma

☆ Airlines are building 'business-class-lite' to generate more revenue and increase demand for the luxe seats
▼ + stars: | 2024-10-11 | by ( Taylor Rains | Benjamin Zhang | ) www.businessinsider.com time to read: +5 min

"Business Light" fares are cheaper but can lack perks like lounge access or early seat selection. In recent years, international airlines such as Air France, KLM, Emirates, Finnair, and Qatar Airways have launched discounted "Business Light" tickets. AdvertisementFor airlines, the business light strategy can help further stoke demand to fill the front of the plane and generate additional revenue. Those traveling on a Finnair Business Light ticket will also have to pay extra for checked luggage. AdvertisementScreenshot of Emirates' various business class fares on a one-way flight from New York to Dubai in February.

Persons: —, Glen Hauenstein, Henry Harteveldt, Harteveldt Organizations: Service, Air France, KLM, Qatar Airways, Delta Air Lines, Delta, Qatar Airways's, Emirates Locations: Delta, Emirates, Qatar, New York, Dubai

☆ I drove Chevy's $57,000 Blazer EV. From giant screens to great maps, these 18 features make the high-tech SUV worth it.
▼ + stars: | 2024-10-09 | by ( Benjamin Zhang | ) www.businessinsider.com time to read: +1 min

Chevrolet launched the Blazer EV in late 2023. I recently drove the $57,000 SUV in RS trim with all-wheel-drive. AdvertisementUpon its launch in late 2023, the Chevrolet Blazer EV was one of the first mainstream offerings built on GM's EV platform shared by the Cadillac Lyriq and GMC Hummer EV. I recently reviewed a 2024 Chevrolet Blazer EV RS AWD, which starts at $53,200, with an as-tested price of $57,215. I was impressed by the Blazer EV's aggressive styling, roomy cabin, smooth ride, and massive high-definition touchscreen.

Persons: — Organizations: Chevrolet, Blazer, Service, Cadillac, GMC Hummer

☆ There may be a trade opportunity in this e-commerce stock. How to play it with options
▼ + stars: | 2024-10-09 | by ( Tony Zhang | ) www.cnbc.com time to read: +3 min

With a surprisingly strong labor market, consumer spending has remained resilient and e-commerce stocks like Shopify (SHOP) present attractive opportunities. This price action indicates strength and suggests that the stock has found a strong base from which it can continue higher. With the stock now trading above its breakout level and positive momentum continuing to build, the chart supports further upside. The trade: To express a bullish outlook on Shopify, I'm suggesting selling the Nov 22, $82/74 Put Vertical @ $3.10 Credit. This structure entails: Selling the Nov 22 $82 Put @ $5.85 Buying the Nov 22 $74 Put @ $2.75 View this link in OptionsPlay with updated pricing.

Persons: Shopify, Shopify's Organizations: Forward, CNBC, NBC UNIVERSAL

☆ In the past week, 4 of Elon's direct reports have announced they are leaving Tesla
▼ + stars: | 2024-10-08 | by ( Grace Kay | ) www.businessinsider.com time to read: +5 min

Multiple Tesla executives announced they are leaving or have left over the past week. AdvertisementTesla has been shedding executives ahead of its Robotaxi event, with four of Elon Musk's direct reports saying they'd left the company over the past week. Tesla's director of public policy and business development Jos Dings announced on LinkedIn that he was leaving the company on October 1. On October 6, global vehicle automation and safety policy lead Marc Van Impe also announced on LinkedIn he had left Tesla. In total, Musk has lost eight of his direct reports at Tesla over the past year.

Persons: —, Tesla, Elon Musk's, they'd, Nagesh Saldi, Bloomberg, Jos Dings, Marc Van Impe, Van Impe, Rohan Patel, Dings, David Zhang, hadn't, Daniel Ho, Musk, Drew Baglino, Rebecca Tinucci, Supercharging, Elon Organizations: Tesla, Service, Business, LinkedIn, SpaceX, Tesla's, Warner Bros Locations: Burbank , California

☆ Chinese travelers trickle back to a Taiwanese island, mere miles from the mainland
▼ + stars: | 2024-10-08 | by ( Jan Camenzind Broomby | Marylou Costa | ) www.cnbc.com time to read: +5 min

All that separates the cafe from mainland China are 6 miles of choppy water and a row of anti-invasion spikes along the beach. A row of anti-invasion spikes line a beach on Kinmen, with the Chinese mainland in the distance. Source: Jan Camenzind BroombyAlthough China claims sovereignty over Taiwan, Chinese tourists were prevented from visiting Taiwan for years. But on Feb. 14, two Chinese citizens were killed during a collision between a Taiwanese Coast Guard boat and a Chinese boat, sparking an escalation of tensions. local business owners have felt the impact of the loss of Chinese tourists, who previously contributed nearly $200 million to Kinmen's annual economy.

Persons: Zhang Zhong, Zhang, Camenzind Broomby, Kinmen, Soldiers, Chen Hua Sheng, weren't, Wu Zeng Yun, Beddy Chang, she's, Wu Zeng Yun —, Wu, Lu Wen Shiung, Lu, Chen Yu Jen Organizations: Kinmen, Taiwanese Coast Guard, Taiwan's Mainland Affairs Council, Matsu Joint Services Center, China's Coast Guard, Chinese Coast Guard Locations: China, Taiwan, Beijing, Kinmen, Kinmen County, Covid, Matsu, Taiwanese

☆ Market Navigator: Trading Ferrari to the downside
▼ + stars: | 2024-10-07 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarket Navigator: Trading Ferrari to the downsideTony Zhang, Options Play chief strategist, joins 'Power Lunch' to discuss trading Ferrari to the downside.

Persons: Tony Zhang

☆ I drove Acura's $62,000 TLX to see if it could compete with Cadillac and BMW
▼ + stars: | 2024-10-06 | by ( Benjamin Zhang | ) www.businessinsider.com time to read: +1 min

The Acura TLX Type S is a high-performance variant of Acura's TLX compact luxury sports sedan. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Since the NSX sailed off into the sunset in 2022, the TLX Type S has taken up the mantle as the brand's performance flagship, competing against the Audi S4, Cadillac CT5-V, Genesis G70, and BMW M340i xDrive. The current generation of Acura's compact TLX luxury sedan launched in 2021 and received a mid-cycle refresh in 2024 with tweaked styling, updated tech, and a quieter cabin.

Persons: — Organizations: Acura, Service, Vehicles, Integra, NSX, Audi, Cadillac, BMW M340i

☆ I spent a total of 10 weeks quiet vacationing all over the world without my boss finding out. Here's how I did it.
▼ + stars: | 2024-10-04 | by ( Robin Madell | ) www.businessinsider.com time to read: +10 min

He says that quiet vacationing made him more productive at work because he was so happy. Over the course of 15 months, I spent a total of 10 weeks quiet vacationing from my fully remote job. I think quiet vacationing may be good for productivity; I was genuinely so happy while traveling the world, and it translated into my productivity at work. On some quiet vacationing days, I had to work a little later to get things across the line, but I became very efficient. A quiet vacation day in Europe might look something like this: Wake up around 8 or 9 a.m. and eat breakfast at the hotel.

Persons: Oluwole, —, Tobi Oluwole, Lyon —, didn't, would've, I'd, Slack, We've, Tobi, Jane Zhang Organizations: Service, Big Tech, Camp, Oluwole, Barcelona football, Houston, Toronto, Montreal, London, Toronto Raptors, LinkedIn Locations: France, —, Lagos, Nigeria, Brussels, Atlanta , Georgia, Tennessee, Toronto, Ottawa, Lisbon, Barcelona, Cancun, Atlanta, Francisco, Rome, Amalfi, Paris, Los Angeles, Vancouver, London, Punta Cana, Dominican Republic, Mexico, Canada, Europe, Portugal

☆ Undecided Voters Tell Us About Their Biggest Worries
▼ + stars: | 2024-10-04 | by ( Ruth Igielnik | Christine Zhang | ) www.nytimes.com time to read: +8 min

Among undecided and persuadable voters Personality/behavior No biggest concern Ethics/honesty Ability to do the job Threat to democracy Race/racism/sexism Court cases/convictions Abortion Immigration Other 10 20 30% What, if anything, is your biggest concern about Kamala Harris? Among undecided and persuadable voters Honesty/trustworthiness Judgment/character No biggest concern Economy Lack of experience Ideology Need to know more Immigration Track record Other 10 20 30% What, if anything, is your biggest concern about Donald Trump? Among undecided and persuadable voters Personality/behavior No biggest concern Ethics/honesty Ability to do the job Threat to democracy Race/racism/sexism Court cases/convictions Abortion Immigration Other 10 20 30% What, if anything, is your biggest concern about Kamala Harris? White woman, 30s, Arizona “Little power hungry.”White man, 30s, North Carolina “His authoritative tendencies.”Woman, 40s, Michigan “Probably his rhetoric, maybe, and how he presents himself. Voters specifically mentioned costs and inflation, a persistent concern among undecided and not fully decided voters over the last few months.

Persons: Donald J, Trump, Kamala Harris, —, He’s, ”, ” “, Georgia “, Joe Biden, Donald Trump, “, Donald Trump’s, Michigan “, doesn’t, Harris, Trump’s, ” Harris, she’s, North Carolina “, She’s, I’m Organizations: The New York Times, Siena College, New York Times, Trump, Wisconsin, North Carolina “, Michigan, North Carolina “ Democrats Locations: Ohio, Arizona, Wisconsin, Georgia, Arizona , Georgia, Michigan, North Carolina , Ohio, Siena, North Carolina

☆ I drove Toyota's $55,000 Highlander Hybrid. Its noisy engine and tepid performance were disappointing.
▼ + stars: | 2024-10-02 | by ( Benjamin Zhang | ) www.businessinsider.com time to read: +1 min

The Toyota Highlander is one of the best-selling three-row family SUVs in the US. I was disappointed by its noisy engine, tepid performance, and limited passenger/cargo space. Go to newsletter preferences Thanks for signing up! AdvertisementFor much of its existence, the Toyota Highlander was a unicorn as the only three-row, midsize family SUV available as a hybrid. Sales took a 24% dip in 2023, due in large part to the introduction of the bigger Grand Highlander.

Persons: —, Kia EV9 Organizations: Toyota, Service, Mazda, Highlanders, Honda, Hyundai, Kia Telluride, Nissan Pathfinder, Subaru

☆ How to keep betting on a Meta breakout with protection in case of a pullback
▼ + stars: | 2024-10-02 | by ( Tony Zhang | ) www.cnbc.com time to read: +3 min

The strategic focus Meta has placed on monetizing these AI tools across its platforms — including Facebook, Instagram, and WhatsApp — gives it a unique competitive advantage. This commitment to revenue generation from AI sets it apart from other firms still exploring AI potential without clear paths to monetization. If we review the chart for Meta, it has shown strong performance, recently breaking above a key resistance level at $545. Meanwhile, the company boasts robust growth projections with an expected future EPS growth of 22% (industry average of 16%) and a revenue growth rate of 15% (industry average of 11%). With these growth and profitability metrics, Meta appears undervalued, offering a compelling risk/reward profile for long-term investors looking to benefit from its AI-driven revenue potential.

Persons: WhatsApp, Meta Organizations: Facebook, Meta, CNBC, NBC UNIVERSAL

Tracking Attacks in the Vance-Walz DebateThe New York Times is analyzing patterns in Tuesday night’s vice presidential debate between Gov. We are tracking the candidates’ speaking time, breaking it down by issues and measuring how many minutes each side spends on the attack. walz Waiting for data ... vance Waiting for data ... walz vance Attacking Vance Waiting for data ... Attacking Walz Waiting for data ...

Persons: Vance, Walz, Tim Walz, JD Vance, Ohio, walz, vance, walz vance, Trump, Harris, . Walz Organizations: New York Times, Gov, Trump Time Locations: Minnesota, New York City

☆ Car companies have plenty of inventory, but the port strike will affect European brands the most
▼ + stars: | 2024-10-01 | by ( Benjamin Zhang | Nora Naughton | ) www.businessinsider.com time to read: +4 min

Car companies have plenty of inventory, enough to cover 77 selling days. If no new inventory arrives, car companies have, on average, a 77-day supply of vehicles to sell. AdvertisementEuropean carmakers such as BMW, Mercedes-Benz, Volkswagen, and Volvo are expected to be most heavily affected, Reuters reported, citing research by Barclays analysts. BMW, Mercedes-Benz, Volvo, and Volkswagen all operate vehicle-processing and -distribution facilities at the port. At the same time, the Port of Jacksonville handled just over half a million vehicles from Toyota and Volkswagen in 2023.

Persons: Longshoremen, —, Martin Meissner, Cox, Mercedes, Stephen B, Morton Organizations: Service, Cox Automotive, BMW, Mercedes, Benz, Volkswagen, Volvo, Reuters, Barclays, VW, Audi, Toyota, Hyundai, Lexus, Kia Telluride, Port, Georgia Port Authority, Kia, International Longshoremen's Association, US Maritime Alliance, Associated Press Locations: Gulf, Europe, East, New York, Baltimore, Savannah , Georgia, Bremerhaven, Germany, West Coast, Asia, Coast, Jacksonville , Florida, Brunswick, Georgia, Savannah, Port, Jacksonville

☆ 4 steps workers should take when their companies announce 5-day RTO, according to an employment lawyer
▼ + stars: | 2024-09-27 | by ( Jane Zhang | ) www.businessinsider.com time to read: +8 min

Companies requiring 5-day RTO will lose valuable employees, says Craig Levey, an employment lawyer. Levey lays out four steps employees can take if their company announces an RTO policy. Here are the steps I'd take if a client came to me about their company switching to a five-day RTO policy:1. Related storiesWell-written employment agreements will include a clause providing the employer with the flexibility the amend any and all terms. But if you have some leverage, you can negotiate into your employment agreement that you're going to be working remote or hybrid.

Persons: Craig Levey, Levey, —, doesn't, you've, they'll, haven't, Jane Zhang Organizations: Service, Bennett, Belfort, Starbucks, Disabilities, Opportunity Commission Locations: P.C, Cambridge , Massachusetts, Newport, Seattle

☆ Southwest's new premium seats come with a catch for everyone else
▼ + stars: | 2024-09-26 | by ( Taylor Rains | Benjamin Zhang | ) www.businessinsider.com time to read: +4 min

Southwest Airlines introduces premium seating with extra legroom to boost revenue. Southwest said Thursday that about a third of its planes will get extra-legroom seats that boast at least five inches of extra pitch. Southwest is adding some typical industry perks to its planes, like inflight power and extra legroom seats. Southwest Airlines"On our larger aircraft, we didn't have to give up any seats," Southwest executive vice president for commercial transformation Ryan Green said during Thursday's Investor Day. AdvertisementIts future 737 Max 7 will have 48 extra legroom seats, also with 34 inches.

Persons: —, Ryan Green, you'd, Green, Max, Kevin Carter Organizations: Southwest Airlines, Service, Airlines, Boeing, Max, Southwest Airline Boeing, JetBlue Airways Locations: Southwest, Chicago

☆ China's Xi and top leaders call for halting real estate decline, responding to public concerns
▼ + stars: | 2024-09-26 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

Authorities "must work to halt the real estate market decline and spur a stable recovery," the readout said in Chinese, translated by CNBC. The readout said leaders called for strengthening fiscal and monetary policy support, and touched on a swath of issues from employment to the aging population. Just days after the U.S. cut interest rates, the People's Bank of China on Tuesday announced a slew of planned interest rate cuts and real estate support. This real estate policy is aiming at reducing its drag on the economy." Tempering growth expectationsThe meeting readout said China would "work hard to complete" the country's full-year economic targets.

Persons: Xi Jinping, Zhiwei Zhang, Stocks, Goldman Sachs, Yue Su, Zong Liang, Zong, Bruce Pang Organizations: Getty, CNBC, Communist Party, People's Bank of China, Economist Intelligence Unit, Bank of Locations: Yuexi County, Anqing, Anhui province, China, BEIJING, Hong Kong, U.S, Beijing, JLL

☆ ‘Education of hatred’: Killing of Japanese boy sparks soul searching in China over rising nationalism
▼ + stars: | 2024-09-25 | by ( Cnn Staff | ) edition.cnn.com time to read: +9 min

It was the second knife attack on Japanese children and third assault on foreigners in China in recent months. “As a Chinese, I feel heartbroken, outraged and ashamed,” said a Shenzhen resident who laid a white rose outside the Japanese school following the boy’s death last Thursday. The killing has shaken the Japanese community in China, with some of Japan’s biggest companies offering to repatriate staff members and their families. Generations of Chinese grew up learning about the atrocities committed by Japanese soldiers in school textbooks and on state television. “There is no so-called Japan-hating education in China,” Foreign Ministry spokesperson Lin Jian said Monday.

Persons: ”, …, Xi Jinping, Lin Jian, “, influencers, WeChat, Kuaishou, Zhang, “ Little, ” Zhang, Yoko Kamikawa, Wang Yi, ” Kamikawa, Wang, Japan, I’m, I’ve Organizations: Hong Kong CNN, Authorities, Kyodo, East China, Japan, ” Foreign, Communist Party, CNN, Japan’s, Associated Press, Japanese Foreign Ministry, Chinese Foreign Ministry Locations: Hong Kong, China, Japan, Shenzhen, Beijing, East, United States, Tokyo, Yasukuni, China’s, Shanghai, New York, Guangzhou, ”, “

☆ An options trade that wins if Apple continues to trade sideways or down on iPhone, AI disappointment
▼ + stars: | 2024-09-25 | by ( Tony Zhang | ) www.cnbc.com time to read: +3 min

Apple Inc. (AAPL) is facing headwinds despite the launch of the new iPhone 16, which offered only incremental improvements over the prior generation. Investors eagerly awaited the company's Apple Intelligence software update, but its absence as a significant growth driver is tempering investor enthusiasm. To capitalize on the potential downside, I suggest selling the Nov 15 $230/$245 Call Vertical. This entails: Sell the Nov 15, 2024 $230 Calls @ $7.73 Buy the Nov 15, 2024 $245 Calls @ $2.41 View this trade in OptionsPlay for updated pricing. This trade provides a high probability of profit trade for investors who believe AAPL will remain range-bound or face further downside, particularly given the slowing growth.

Persons: AAPL's, AAPL Organizations: Apple Inc, Apple Intelligence, Apple, CNBC, NBC UNIVERSAL Locations: OptionsPlay

☆ I drove Chevy's $57,000 Blazer EV. It's stylish and practical but still too flawed to win me over.
▼ + stars: | 2024-09-25 | by ( Benjamin Zhang | ) www.businessinsider.com time to read: +1 min

The Chevrolet Blazer EV is a battery-electric midsize SUV built on GM's Ultium EV platform. I was impressed by the Blazer EV's stylish looks, roomy cabin, smooth ride, and massive touchscreen. Go to newsletter preferences Thanks for signing up! AdvertisementThe 2024 Chevrolet Blazer EV was one of the most eagerly awaited electric vehicles to hit the market when it debuted in late 2023. Until recently, the General Motors EV lineup had consisted primarily of luxury vehicles like the Cadillac Lyriq and high-priced pickups like the Hummer EV.

Persons: — Organizations: Chevrolet, Blazer, Apple, Service, General Motors EV, GM, Business

☆ There's only one new car for sale for less than $20,000
▼ + stars: | 2024-09-23 | by ( Benjamin Zhang | ) www.businessinsider.com time to read: +1 min

Nissan announced that the 2025 Versa subcompact sedan will start at $17,190. It will be the cheapest new car on sale in the US and the only one to start under $20,000. The 2025 Versa comes standard with a 122-horsepower four-cylinder engine and a manual transmission. AdvertisementThe cheapest new car for sale in America is about to get more expensive. That's $500 more than before but still cheap enough to claim the title of cheapest new car on the market.

Persons: —, Kia Forte Organizations: Nissan, Service, Mitsubishi, Business Locations: America

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