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☆ Netflix has won the streaming wars but Wall Street still has big questions about its future
▼ + stars: | 2024-10-16 | by ( Lucia Moses | ) www.businessinsider.com time to read: +8 min

The US and Canada drive 70% of Netflix's revenue growth and are crucial for its future ad expansion. AdvertisementBy now, it's become a common refrain in Hollywood: Netflix has won the streaming wars. Amazon threw a wrench into Netflix's advertising ambitions by steamrolling into the market earlier this year. With subscriber growth potential limited in the US because Netflix is already quite saturated in the market, Netflix needs to ramp up ad revenue. While Netflix's ad tier growth is steadily adding inventory, those tech deals will take a couple of years to ramp up.

Persons: —, it's, Nielsen, hasn't, steamrolling, It's, Tyson, Paul, Netflix execs, Amazon, What's, Dan Salmon, NewStreet, Lowell Singer, There's, Piper Sandler's Organizations: Wall Street, Netflix, Service, Amazon, Barclays, WWE, LightShed Partners, Citibank, Epic Games, Disney, Piper Locations: Canada

☆ At Diddy's A-list 'white parties,' naked women were a staple — but that didn't seem to raise eyebrows at the time
▼ + stars: | 2024-10-16 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +10 min

Sean "Diddy" Combs' "white parties" were known for extravagance and celebrity attendance. Aside from naked women, Fonseca told BI that she never saw anything that raised red flags at Combs' parties that she attended. Sean "Diddy" Combs' white parties are being looked at from a new perspective after the music mogul was indicted last month. The celebrities have been photographed at Combs' white parties over the years but have not been accused of wrongdoing. At one white party, Combs issued a warning to guests from atop his balcony about children needing to leave the event.

Persons: Sean, Diddy, Combs, —, galore, Selma Fonseca, Fonseca, Dimitrios Kambouris, Bad Boy Entertainment Combs, she'd, David Allen, Allen, Ashton Kutcher, That's, Jason Merritt, Blueflame Combs, photog, Selma, Steven A, Henry, Busta, Leonardo DiCaprio, Russell Simmons, Tyson Beckford, Tommy Lee, Mariah Carey, Lindsay Lohan, Lil, Kim, Mary J, Blige, Russell Brand, Chris Brown, Beckford, Fonseca didn't, Fonseca —, Jennifer Lopez, Conan O'Brien's, O'Brien Organizations: Service, Bad Boy Entertainment, Adria, Hamptons, East Hamptons, Business, Beverly, Getty, BI Locations: East Hampton , New York, Beverly Hills, Manhattan, Champagne

☆ A majority of North Carolina homeowners didn't have flood insurance. Then Helene hit.
▼ + stars: | 2024-10-04 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +7 min

Heavy rains from Hurricane Helene caused flooding across western North Carolina, like here in Asheville. Melissa Sue Gerrits/Getty ImagesBut only about 2.6% of the 4.3 million properties across the state — or around 115,000 properties — had flood insurance as of June 2024, according to private provider Neptune Flood Insurance, which analyzed data from the government-backed National Flood Insurance Program. North Carolina Department of Insurance communications director Jason Tyson estimated that about 139,000 properties in the state have flood insurance through the NFIP. Part of the problem with flood insurance is a common misconception that regular home insurance covers flooding, which is rarely the case, four experts knowledgable about flood insurance and disaster management told Business Insider. "We don't think of western North Carolina and the Appalachian mountains as an area that has significant flood risk."

Persons: Hurricane Helene, Melissa Sue Gerrits, Neptune, Jason Tyson, Sue Gerrits, Trevor Burgess, Jeffrey Schlegelmilch, Schlegelmilch, Margaret Walls, they're, there's, It's, it's, Helene, Jeremy Porter, Burgess, Yanjun Liao, Liao Organizations: Service, North, Climate Office, Neptune Flood Insurance, Flood Insurance, North Carolina Department of Insurance, The North, Information Center, Business, Getty, National Center for Disaster Preparedness, Columbia Climate School, FEMA, Associated Press, Resources Locations: Hurricane, North Carolina, Asheville, —, The, The North Carolina, Black Mountain , North Carolina, State, North, Florida , Louisiana, Texas, Asheville , North Carolina

☆ MrBeast's $100M Amazon reality show may succeed despite controversy. But it could come back to haunt him.
▼ + stars: | 2024-10-04 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +8 min

AdvertisementMrBeast confirmed this week that his upcoming Amazon show, Beast Games, had cost more than $100 million. "They'll still do partnerships with him," Diana D'Angelo, the CEO of Breaking Creatives Agency, told BI. A spokesperson for Donaldson told BI that the lawsuit had not yet been served to him despite being filed two weeks ago. AdvertisementHowever, Chedid told BI these "stonewall tactics" may "come back to bite him," affecting his reputation and future partnerships. D'Angelo told BI Donaldson might decide to speak up if the controversy starts to affect his "bread and butter" — his YouTube channel.

Persons: MrBeast, —, Diana D'Angelo, they'll, he's, Jimmy, Donaldson, YouTubers KSI, Logan Paul, Paul, Rolling Stone, Robyn Abou Chedid, Chedid, Thomas Walters, Ava Tyson, Kevin Mazur, Tyson, Kraft Heinz's Lunchables, Walters, D'Angelo Organizations: Service, Beast Games, Amazon, Creatives, Reuters, The New York Times, Las, Guided Agency, YouTube, Beast Locations: Amazon, Las Vegas, Los Angeles, Toronto

The DSCC has pledged a “multimillion" dollar effort to help Mucarsel-Powell, Florida Democratic Party Chair Nikki Fried announced Monday in a call with reporters. Regardless of whatever national money comes for Democrats, Scott will no doubt hold his long-running huge cash advantage. “It's no surprise that polling shows this race tied — Floridians know that Rick Scott is far too extreme for our state," Mucarsel-Powell said. "For 14 years Rick Scott has ruthlessly attacked our freedoms, hard-earned benefits and economic opportunities. “National Democrats can flirt with spending in Florida if they want and risk losing incumbent races,” he said.

Persons: Republican Sen, Rick Scott, Debbie Mucarsel, Powell, DSCC, Mucarsel, Nikki Fried, ” Fried, Scott, Scott’s, “, ” Scott, Chris Hartline, “ It's, —, Tyson, ” Organizations: Republican, Florida Senate, Scott, NBC News, Tampa, Democratic, Democratic Senatorial, Florida Democratic, “ Locations: TALLAHASSEE, Fla, Florida, Orlando, Miami, Powell, Texas

☆ Here are Wednesday's biggest analyst calls: Apple, Tesla, Disney, Ford, General Motors, Duolingo, Roblox, Alphabet & more
▼ + stars: | 2024-09-25 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Wells Fargo upgrades Baker Hughes to overweight from equal weight Wells says it likes the oil service company's business model. Morgan Stanley upgrades AutoNation to overweight from equal weight Morgan Stanley says AutoNation is well positioned in a bumpy macroeconomic environment. Morgan Stanley reiterates Apple as overweight Morgan Stanley says it's remaining cautious after checks of iPhone 16 demand for Apple. Morgan Stanley downgrades Ford to equal weight from overweight and General Motors to underweight from equal weight Morgan Stanley downgraded several automakers on Wednesday and said it's concerned about market share losses. Morgan Stanley reiterates Nike as equal weight Morgan Stanley raised its price target on Nike to $82 per share from $79 ahead of earnings on October 1.

Persons: Wolfe, Sallie Mae, it's bullish, Wells, Baker Hughes, Piper Sandler, Tesla, Piper, Morgan Stanley, AutoNation, Mike Manley, Duolingo, MARA, CORZ, Piper Sandler downgrades Tyson, it's, Oppenheimer, GOOG's, Baird, Locker Baird, Apple, TD Cowen downgrades Expedia, Cowen, Goldman Sachs, Goldman, Morgan Stanley downgrades Ford, Roblox Organizations: APO, Bank of America, Macquarie, Tyson Foods, Barclays, Hewlett Packard Enterprise, DOJ, Google, Foot, Apple, ISI downgrades, Pacific, Evercore, UNP, Disney, JPMorgan, Oil & Gas, Petrobras, Motors, GM, Citi, Investors, Nike Locations: CLSK, Foot Locker, Mexico, China, Fortnite

☆ 10 things to watch in the stock market Wednesday, including automaker downgrades
▼ + stars: | 2024-09-25 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Top 10 things to watch Wednesday, Sept. 25 — Today's newsletter was written by the Investing Club's director of portfolio analysis, Jeff Marks. 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. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jeff Marks, Morgan Stanley's, Adam Jonas, Jonas, Tyson Food, Piper Sander, KeyBanc, they've, Wells, Baker Hughes, Halliburton, SLB, Baird, Gabrielle Fonrouge, Expedia, Cowen, Oppenheimer, Jim Cramer's, Jim Cramer, Jim Organizations: Club, Nvidia, Micron, U.S, Ford, General Motors, Hewlett Packard Enterprise, Barclays, Juniper Networks, Micro, Dell Technologies, Union Pacific, Department, Google, Jim's, Jim Cramer's Charitable, CNBC Locations: U.S, China

☆ Daniel Dubois knocks out Anthony Joshua to claim shock victory and remain IBF world heavyweight champion
▼ + stars: | 2024-09-22 | by ( Jamie Barton | ) edition.cnn.com time to read: +3 min

CNN —A major upset saw Anthony Joshua miss out on the chance to become three-time world heavyweight champion on Saturday night, as he was knocked out by British rival Daniel Dubois in the fifth round. The favorite was saved by the bell, but went down again in the fourth round following another left hook from Dubois. The fifth saw Joshua begin what would have been an unlikely comeback as Dubois started to tire. Dubois celebrates after winning his fight against Joshua to retain his IBF heavyweight title. This is my time, this is my redemption story, and I’m not going to stop until I reach my full potential.”

Persons: Anthony Joshua, Daniel Dubois, Dubois, Joshua, Francis Ngannou, December’s Tyson Fury, Oleksandr Usyk, –, Eddie Hearn, ”, “, ” Joshua, Joshua’s, Andrew Couldridge, “ I’ve, ’ ”, I’m, I’ve Organizations: CNN, IBF, Wembley Locations: British, London, Dubois

☆ MrBeast launching a new product amid controversy may be a good PR move, marketing experts say. But it's risky.
▼ + stars: | 2024-09-21 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +6 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewTop YouTuber MrBeast is being criticized, but he seems to be focusing on a new product launch instead of making statements. Jimmy "MrBeast" Donaldson is the biggest creator on YouTube, with 316 million subscribers. Advertisement"Generally, launching a new product amid controversy can be a very good strategic move since it shows resilience and shifts the overall predominant narrative," Perlova said. Varbanova said it's hard to know how many of Donaldson's 300 million YouTube subscribers are even following the negative news.

Persons: —, Jimmy, MrBeast, Donaldson, Logan Paul, Kraft Heinz's Lunchables, Paul, he's, hasn't, Katya Varbanova, Ava Tyson, Tyson, X, Zoya Perlova, Perlova, Varbanova, Donaldson's, Pam Lyddon, it's, Lyddon, Natalie Yorke Organizations: Service, YouTube, Business, The New York Times, Dyninno, Bright Star Locations: Turkey

☆ Eddie Hearn: Boxing promoter predicts possible 2025 clash between Anthony Joshua and Tyson Fury
▼ + stars: | 2024-09-21 | by ( Ben Morse | Amanda Davies | ) edition.cnn.com time to read: +4 min

CNN —Two of British boxing’s biggest names in recent years – Anthony Joshua and Tyson Fury – have seemed destined to face off for a while now. But the plan has always been to see Anthony Joshua become undisputed,” Hearn told CNN’s Amanda Davies. “I mean, is there a person in the world who doesn’t want to see Tyson Fury fight Anthony Joshua? Richard Pelham/Getty Images“And I don’t think AJ can retire, I don’t think Fury can retire, I don’t think I can retire either until we get those two in the ring. “As he’s now 34, he’s long in the game, he’s very experienced, I don’t think he’s afraid to let people know how desperately he wants to win.

Persons: – Anthony Joshua, Tyson Fury –, Daniel Dubois, Eddie Hearn, Joshua, Dubois, Fury, Oleksandr Usyk, Hearn, we’ll, Anthony Joshua, ” Hearn, CNN’s Amanda Davies, Tyson Fury, Turki Al, AlShaikh, Richard Pelham, AJ, Dubois . Dubois, –, Filip Hrgović, Liam Gallagher, Noel, Hearn didn’t, Wladimir Klitschko, – Hearn, he’s, “ Organizations: CNN, British, IBF, Wembley, CNN Sport, Saudi Arabia’s General Entertainment Authority, Getty Locations: Riyadh, Dubois ., Usyk, British

☆ Ukrainian boxing champion Oleksandr Usyk released after ‘misunderstanding’ which led to detention in Poland
▼ + stars: | 2024-09-18 | by ( Ben Church | ) edition.cnn.com time to read: +2 min

CNN —Undisputed heavyweight boxing champion Oleksandr Usyk was released after being detained by law enforcement at Krakow Airport in Poland, Ukraine President Volodymyr Zelensky said on Wednesday. Speaking on social media, Usyk – the undisputed heavyweight champion – said “a misunderstanding took place” but that the incident “was quickly resolved.”“Thanks to all who got concerned. Usyk speaks to reporters after becoming the undisputed world heavyweight champion earlier this year. Earlier this year, Usyk beat Tyson Fury in a razor-thin split decision to become the undisputed heavyweight world champion. He became the first undisputed champion since Lennox Lewis 25 years ago, with the Briton winning all three belts available at that time.

Persons: Oleksandr Usyk, Volodymyr Zelensky, Zelensky, ” “, Andrii Sybiha, Ihor, ” Zelensky, ”, Usyk, –, Usyk’s, Yekaterina, Nick Potts, Sybiha, We’ll, Tyson Fury, Lennox Lewis Organizations: CNN, Krakow Airport, Foreign Affairs of Ukraine, Internal Affairs of Ukraine, Polish Police, Usyk Foundation, Briton Locations: Poland, Ukraine, Kraków, Ukrainian

☆ Harris bests Trump in debate, but there’s no guarantee it will shape the election
▼ + stars: | 2024-09-11 | by ( Stephen Collinson | ) edition.cnn.com time to read: +17 min

Harris and Trump didn't interact after the debate ended Saul Loeb/AFP/Getty Images Trump speaks during the debate. Chip Somodevilla/Getty Images Trump supporter Pat Tuttle watches the debate from Jonathan's Grille in Nashville, Tennessee. Saul Loeb/AFP/Getty Images Harris averages 49% support across recent polls while Trump stands at 48% in the latest CNN Poll of Polls . Matthew Hatcher/AFP/Getty Images Trump and Harris shake hands at the start of the debate. Harris introduced herself by name and said, “Let’s have a good debate.” Trump responded: “Nice to see you.

Persons: Donald Trump, Kamala Harris, strode, Harris, Trump, Mike Tyson’s, ”, didn’t, Joe Biden, David Muir, Linsey Davis, Michael Le Brecht, Sean Hannity, CNN's Kaitlan Collins, Collins, Chip Somodevilla, Douglas Emhoff, Saul Loeb, Alex Brandon, Pat Tuttle, George Walker IV, Sen, John McCain, Tristen Rouse, CNN Trump, Win McNamee, Adam Gray, Doug Mills, CNN Harris, peppering, Sheena Carey, Morry Gash, he’d, “, ” Trump, Christine Rogers, Matthew Hatcher, ” Saul Loeb, Roberto Schmidt, Andrew Thomas, Robert F, Kennedy Jr, Kennedy, Jim Lo Scalzo, Anthony Scaramucci, Olivia Troye, Matt Rourke, Hannah Beier, Lilly, Evelyn Hockstein, Matt Slocum, Kenny Holston, don’t, George W, Bush, it’s, they’ve, There’s, Biden, Taylor Swift, Tim Walz, Harris didn’t, unaccountably, JD Vance, Barack Obama’s, she’s, Viktor Orban, Trump’s, hadn’t, Vladimir Putin, “ You’re, you’re Organizations: CNN, ABC News Trump, Fox News, National Constitution Center, Getty, Trump, Pennsylvania Convention Center, Images, Affordable, People, Nasdaq, New York Times, Bloomberg, AP, AP Trump, Philadelphia International Airport, AFP, Philadelphia City Hall, Former Trump, Reuters, ABC, Force, White, Central, Five, Biden Locations: America, Philadelphia, Pennsylvania, Nashville , Tennessee, Washington ,, New York, Milwaukee, United States, AFP, Afghanistan, –, Hungarian, Ukraine, Russia

☆ The Cowboys are worth $11 billion. Here's how Dallas went from losing $1 million a month to topping the NFL in value
▼ + stars: | 2024-09-05 | by ( Michael Ozanian | ) www.cnbc.com time to read: +5 min

watch nowWhen Jerry Jones plunked down $150 million to buy the Dallas Cowboys in 1989, the team was losing $1 million a month, according to Jones. The Cowboys are the most profitable in the NFL, posting EBITDA of $550 million last season, $300 million more than the New England Patriots, the second-most profitable NFL team, according to CNBC's list. In 1995, Jones signed a 10-year, $40 million deal with Pepsi-Cola and made a $2.5 million a year, 10-year deal with Nike. The value of the Cowboys' sponsorship deals has ballooned over the years. But there is no doubt he created the economic blueprint for an NFL team.

Persons: Jerry Jones plunked, Jones, DaRon Bland, Ron Jenkins, Tom Landry, Jimmy Johnson, Herschel Walker, Emmitt Smith, Darren Woodson, Barry Switzer, Jason Robins, Ryan Kang, Mike Tyson Organizations: Dallas Cowboys, Texas, Cowboys, National Football League, Los Angeles Rams, NFL, New England Patriots, Washington, T, Arkansas, CNBC, American Express, Pepsi, —, Visa, Cola, Nike, NFL Properties, The Cowboys, Molson Coors, The Dallas Cowboys, Seattle Seahawks, AT, Super, Big, Professional Bull Riders, & $ Locations: Arlington , Texas, Texas, Arlington

☆ MrBeast is in a tough spot. But PR experts say an aggressive 'superlawyer' isn't the fix he needs.
▼ + stars: | 2024-08-29 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +8 min

DailyMail.com reported that he hired Alex Spiro, a $2,000-an-hour attorney who has represented Alec Baldwin and Elon Musk. He also claimed Donaldson hired a registered sex offender to be part of his crew. Related storiesHiring a 'superlawyer'In that context, he hired Spiro, who has represented Elon Musk, Megan Thee Stallion, and Alec Baldwin. AdvertisementHowever, experts told BI that if Donaldson had enlisted Spiro, it may just add fuel to the fire. Dave Kotinsky/Getty Images for MrBeast BurgerTrust is vitalTrust is hugely important between influencers and their fans, Perkes said.

Persons: —, Jimmy Donaldson —, Donaldson, DailyMail.com, Alex Spiro, Alec Baldwin, Elon Musk, Quinn Emanuel Urquhart, Sullivan, he's, Ava Tyson, Ava, MrBeast, Dawson French, Spiro, Megan Thee, Haddy, Jemal Countess, Laura Perkes, Perkes, Kellie Whitehead, Whitehead, Folivi, it's, Dave Kotinsky, they've, they're, didn't Organizations: Service, Business, YouTube, The New York Times, Daily, Elon, MrBeast Burger Locations: French, New Jersey

☆ Meet the 'silver squatters': Adults in their mid-50s who are woefully unprepared for retirement
▼ + stars: | 2024-08-24 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +7 min

Thomas is among what retirement experts are calling "silver squatters" — adults in their mid-50s who are even more woefully unprepared than some boomers, despite being about a decade away from retirement. This group of Gen Xers — the generation of Americans aged 43 to 59 — largely expects to postpone or work past their retirement. AdvertisementA majority also don't expect to receive any inheritance, despite their boomer predecessors holding onto trillions in wealth. The gap in retirement readiness could be due to the "unique" challenges of Gen Xers, according to Dylan Tyson, the head of retirement strategies at Prudential. Around half of Gen Xers are saving without a general plan for retirement, Prudential found.

Persons: Jim Thomas, he's, Thomas, He's, Pete Welch, Gen Xers, they'll, René, We're, Xers, Dylan Tyson, Inspira's Welch, there's, Welch, Tyson, expectancies, undersaved — Organizations: Service, Business, Social Security, Prudential Financial, Inspira, Prudential Locations: Austin , Texas

☆ Internet celebrities are facing an era of reckoning — and their fans are tired of forgiving them
▼ + stars: | 2024-08-23 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +8 min

An era of cancel culture in the late 2010s saw creators rise and fall, most notably with what was dubbed "Karmageddon." Fans feel dupedOver the past few weeks, some major internet stars have come under fire. "Fans are no longer passive consumers of content; they are active participants in holding creators accountable for their past and present actions," she said. This, she said, reflects "a broader cultural fatigue with the constant churn of content creators who appear authentic only to later reveal problematic pasts." AdvertisementRecovery is a delicate balanceCessie Cerrato, a publicist and influencer marketing strategist who founded Cessie C. Communications, told BI that fans are tired of forgiving their favorite online celebrities.

Persons: —, They're, Cody Ko, Tana Mongeau, Ko, cohost Brooke Schofield, Schofield, Katya Varbanova, MrBeast, Jimmy, Donaldson, Ava Tyson, Kevin Mazur, Varbanova, else's, Alix Earle, Natacha Rousseau, influencers, Rousseau, he's, Cessie, Mikayla Nogueira, mascara, Cerrato, Michael Buckner, Jasmine Bloemhof, Bloemhof Organizations: Service, Business, Communications, Brands, PR Locations: LA

☆ In Majorca, a One-Room Home With Sheep for Neighbors
▼ + stars: | 2024-08-22 | by ( Kurt Soller | ) www.nytimes.com time to read: 1 min

At least, that’s what the designers Tyson Strang and Tatiana Baibabaeva wanted to do when they moved to Sencelles, Majorca, in 2020. The pair, who met in Kyrgyzstan two decades ago, had previously lived for 15 years in New York City, where in 2017 they founded the ceramics line Terra Coll Home. Before turning to pottery, Baibabaeva, 38, had worked in fashion and Strang, 45, had been a teacher; when they relocated to Spain, they fully merged their creative, personal and professional lives, raising two children together, developing a rustic-minded interiors business and even sharing an email address, from which they explain, “For us, ‘rustic design’ means unifying the interior of a space with its landscape by using the raw materials from the surrounding land as the primary construction and design elements.”

Persons: Tyson Strang, Tatiana Baibabaeva, Strang Locations: Sencelles, Majorca, Kyrgyzstan, New York City, Spain

The death of a 53-year-old Ohio man who died in police custody in April after he repeatedly told officers “I can’t breathe” has been ruled a homicide. Bodycam video shows police approaching Frank Tyson at an AMVETS post in Canton Township, Ohio, on April 18. The officers tell him he is fine and to calm down and stop fighting as he is handcuffed face down. A passing motorist whose face is blurred in the video directed officers to the AMVETS post. When the officers approach him at the bar, Tyson knocks over a barstool and tells them to get the sheriff.

Persons: “, Frank Tyson, Harry Campbell, Tyson, “ They’re, ”, “ I’ve, ” Tyson Organizations: Canton Police, leafs Locations: Ohio, Canton, Cleveland, Stark, Canton Township , Ohio

☆ The internet's love affair with YouTube's biggest star is showing cracks
▼ + stars: | 2024-08-06 | by ( Amanda Perelli | Lucia Moses | ) www.businessinsider.com time to read: +6 min

YouTube's biggest creator has been embroiled in a string of recent controversies. Donaldson, 26, has generally avoided the controversies that have felled some of his peers during his 12 years online. AdvertisementBut recently, that's begun to change, with fans and video participants speaking out against the star. "It's going to be a mess," said one Amazon insider, who spoke on the condition of anonymity because they were not authorized to speak publicly about the show. Beyond these new controversies, Donaldson has faced further criticism for an old video clip of him making racist and homophobic comments that has recirculated on social media.

Persons: Jimmy Donaldson, . Donaldson, that's, Donaldson, TikTok, Lauren Anderson, Ava Tyson, Tyson, I've, Ava, Jimmy Organizations: Service, YouTube, Business, New York Times, Beast, Amazon, Amazon Prime, AP News, Amazon MGM Studios, MGM Locations: Toronto

☆ Stocks making the biggest moves midday: Robinhood, Nvidia, Intel and more
▼ + stars: | 2024-08-05 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

Check out the companies making headlines in midday trading: Crypto stocks — Several bitcoin-related names were hit following the cryptocurrency's drop below $50,000 for the first time since February. Apple — The tech stock dropped more than 5% in the broad market sell-off after news that Warren Buffett's Berkshire Hathaway dumped half its stake in the iPhone maker. Palantir — The software stock fell more than 4% ahead of the company's s quarterly results. Tech stocks — Major tech names dropped during Monday's sell-off. According to LSEG, analysts are expecting a loss of 26 cents per share on revenue of $192 million.

Persons: Robinhood, MicroStrategy, Warren, Berkshire Hathaway, Tyson, Tyson Foods, —, Samantha Subin, Yun Li, Sarah Min, Darla Mercado Organizations: Nvidia, Computer, Micro Computer, Semiconductor, VanEck Semiconductor, Micron Technology, Taiwan Semiconductor Manufacturing, Arm Holdings, Apple, Oracle, Tech, Microsoft, Facebook, Meta, Intel —, FactSet, GameStop Locations: Berkshire, Omaha, FactSet .

☆ Monday's rapid fire: Tyson Foods, Kellanova and Lockheed Martin
▼ + stars: | 2024-08-05 | 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 EmailMonday's rapid fire: Tyson Foods, Kellanova and Lockheed MartinCNBC's Jim Cramer on Monday discussed his thoughts on three stocks outside the Investing Club portfolio.

Persons: Tyson, Lockheed Martin, Jim Cramer Organizations: Tyson Foods, Lockheed

☆ Here are 4 things we're watching closely in the stock market this week
▼ + stars: | 2024-08-04 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

Stocks had a rough week, topped off with a pummeling Friday after the July jobs data came in weaker than expected. Until then, bad economic news was good news for the stock market, because it meant the Federal Reserve would start cutting interest rates sooner. On Thursday, a drop in U.S. manufacturing activity for July and a jump in initial jobless claims dragged down the market. Next week is light on economic data, so expect earnings reports and CEO commentaries to drive the market action. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Stocks, Dow Jones, Jim Cramer, would've, Eli Lilly, Mounjaro, Berkshire Hathaway, Krystal, Tyson, BAX, Owens, Walt, Oscar Health, CRON, Krispy, Papa, Jim Cramer's, Jim Organizations: Nasdaq, Dow, Reserve, Broadcom, Devices, Palo Alto, PMI, Wynn Resorts, Investors, Wynn, Wynn Palace, U.S . Disney, Management, and Drug Administration, Carlyle Group, Krystal Biotech, Tyson Foods, TSN, Alpha Metallurgical Resources, BioCryst Pharmaceuticals, Axsome Therapeutics, Technologies, Clover Health, Realty Income Corp, Avis Budget Group, CSX Corp, CSX, Simon Property Group, Sterling Construction Company, Teradata Corp, Yum China Holdings, ZoomInfo Technologies, Holdings, Caterpillar, Baxter International, Vulcan Materials Company, Allegheny Technologies Incorporated, Constellation Energy Group, Marathon Petroleum Corp, Owens Corning Inc, Duke Energy Corp, GXO Logistics, Brands, Builders, Wynn Resorts Ltd, WYNN, Rivian Automotive, Devon Energy Corp, GigaCloud Technology Inc, Lumen Technologies, VF Corp, Walt Disney Co, Novo Nordisk, CVS Health, Aurora Cannabis Inc, Emerson Electric Co, Sony Group Corporation, SONY, Inc, ODP Corporation, Icahn Enterprises, MannKind Corp, ACM Research, Brink's Company, AppLovin Corporation, Digital Turbine, Sarepta Therapeutics, Occidental Petroleum Corp, Bros, SolarEdge Technologies, Aspen, Coeur D'Alene Mines Corp, Co, Vistra Energy, Cheniere Energy, Cronos, Himax Technologies, Properties Trust, Papa John's, Paramount Global, Trade, Lab, B2Gold Corp, Honest Company, Gilead Sciences, Growth, Nikola Corporation, Embraer, New Fortress Energy, Construction, Jim Cramer's Charitable, CNBC, Disney, Pixar Locations: Palo, Macau, Las Vegas, Boston, Vegas, Wynn Macau, China, Novo, Coeur, Gilead

☆ Wall Street will look for signs of what's next for the market after a rocky start to August
▼ + stars: | 2024-08-02 | by ( Sarah Min | ) www.cnbc.com time to read: +5 min

The S & P 500 ended the week down by 2%. As of Friday, the Nasdaq Composite was more than 10% below its recent high, while the S & P 500 was down by 5.7%. Markets were last pricing in a 71% chance of a half percentage point rate cut in September, up from 22% on Thursday, according to the CME FedWatch Tool . Brands , Fidelity National Information Services , Uber Technologies , Marathon Petroleum , Caterpillar Wednesday Aug. 7 3 p.m. Consumer Credit (June) Earnings: Costco Wholesale , Warner Bros. Discovery , Occidental Petroleum , Ralph Lauren , CVS Health , Hilton Worldwide Holdings , Walt Disney Company Thursday Aug. 8 8:30 a.m.

Persons: Stocks, payrolls, Bill Hornbarger, Benjamin F, Edwards, Russell, Claudia Sahm, selloff, Michael Kantrowitz, Piper Sandler, Kantrowitz, Jan Hatzius, Goldman Sachs, Hatzius, CNBC's, Eli Lilly, Ralph Lauren, Martin Marietta Organizations: Nasdaq, Treasury, Investors, Federal Reserve, Walt Disney Company, Caterpillar, Costco, Micro Computer, PMI, PMI Services, Services PMI, Simon Property Group, Diamondback Energy, Tyson Foods, Devon Energy, Airbnb, Wynn Resorts, TransDigm, Brands, Fidelity National Information Services, Uber Technologies, Marathon Petroleum, Consumer Credit, Costco Wholesale, Warner Bros, Discovery, Occidental Petroleum, CVS Health, Hilton Worldwide Holdings, Gilead Sciences, Akamai Technologies, News Corp, Paramount Global, Expedia, Martin, Martin Marietta Materials Locations: Fortinet, Devon

☆ World champion boxer rates every 'Rocky' & 'Creed' movie
▼ + stars: | 2024-07-30 | by ( Margaret Guzman | David Ibekwe | ) www.businessinsider.com time to read: +1 min

Boxing legend "Sugar" Shane Mosley, three-division world champion and boxing hall of famer, rates every "Rocky" and "Creed" movie for realism. Mosley breaks down the iconic boxing scenes in "Rocky," starring Sylvester Stallone, such as the training montage and the first match between Rocky Balboa and Apollo Creed. He further explains boxing styles and tactics in "Rocky II" and "Rocky III," such as jabs, uppercuts, hooks, and knockout blows. He also looks at other boxing movements and the reality of injuries and safety protocols in boxing matches in "Creed" and "Creed II," starring Michael B. Jordan. Mosley additionally breaks down the most recent installments of the franchises, discussing different weight classes in "Rocky IV"; the real-life boxers in "Creed III," such as José Luis Benavidez Jr.; and the realism of fighting at an older age in "Rocky Balboa."

Persons: Sugar, Shane Mosley, Mosley, Sylvester Stallone, Rocky Balboa, Rocky, Michael B, Jordan, Luis Benavidez Jr, Balboa, Mike Tyson, Jake Paul, Muhammad Ali, Joe Frazier, Andre Ward Organizations: Business

☆ PepsiCo is using robotics and AI-powered crop planning to transform its supply chain
▼ + stars: | 2024-07-26 | by ( John Kell | ) www.businessinsider.com time to read: +6 min

PepsiCo says it's two-thirds of the way done with an overhaul of its supply chain. This article is part of "The Future of Supply-Chain Management," a series on companies' manufacturing and distribution strategies. With more automation, workers are doing fewer physical tasks, like driving a forklift, and far more oversight of the machines taking over those tasks. Workers at manufacturing facilities and distribution centers and the unions that represent them often bristle at automation, which can lead to layoffs. Even as it has invested in automation, PepsiCo's total workforce has swelled: It grew by 20%, to 318,000, over the five years that ended in 2023.

Persons: it's, —, Gregg Roden, he'd, Roden, Athina, Campbell, Kanioura Organizations: PepsiCo, Chain Management, Service, Gatorade, Frito, Microsoft, Workers, Tyson Foods, Food, McKinsey Locations: Doritos, North America

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