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☆ Rent the Runway shares surge after fashion rental company reports stronger quarterly sales
▼ + stars: | 2022-12-07 | by ( Melissa Repko | ) www.cnbc.com time to read: +4 min

As some shoppers think twice about purchases, Rent the Runway is getting a bump. During the quarter, 28% of its subscribers also paid more to add at least one additional rental item each month. Rent the Runway now anticipates $72 million to $74 million in the fourth quarter. Since debuting on the stock market last year, shares of Rent the Runway have plummeted. Hyman said Rent the Runway customers are not just looking to save money.

☆ As BlockFi becomes the latest victim in crypto contagion, experts share 4 tips to safely gain exposure to the market
▼ + stars: | 2022-11-30 | by ( Laila Maidan | ) www.businessinsider.com time to read: +5 min

BlockFi has become the latest victim caught up in the crypto market's contagion. Crypto platforms that are managing and holding client deposits really need to be run with the same rigor and transparency as traditional financial institutions, he noted. A traditional exchange just executes transactions and matches the buyers and sellers, he added. In some instances, crypto platforms that mimic broker activity in exchange for providing their customers yield must fully disclose their practices. Hyman says another option for investors is to gain exposure to crypto through the heavily regulated futures market.

☆ This surprisingly common virtual interview mistake can cost you the job, according to new research
▼ + stars: | 2022-11-30 | by ( Morgan Smith | ) www.cnbc.com time to read: +2 min

While some virtual interview mistakes are harmless, others can make a bad first impression, or even cost you the job. Between August and September, TopResume asked 330 U.S. hiring managers, recruiters and HR professionals to rank the worst offenses a candidate can commit during a virtual interview. The number one virtual interview deal-breaker that could cost you the job? "Avoiding eye contact or staring into space," according to the hiring experts interviewed for the report. But direct eye contact isn't possible for everyone

☆ Arias in the throes of war: Ukrainian companies crowned at 'Opera Oscars'
▼ + stars: | 2022-11-29 | by ( David Latona | ) www.reuters.com time to read: +2 min

MADRID, Nov 28 (Reuters) - Two Ukrainian opera houses were awarded this year's "Opera Oscar" for offering up mellifluous cadenzas and virtuosic trills amid power cuts and artillery blasts on their country's territory - allowing audiences to evade, if only for a few hours, the war outside. In recognition of their "outstanding work in challenging circumstances", the opera theatres in the Ukrainian cities of Lviv and Odesa jointly clinched the Company of the Year prize at the International Opera Awards ceremony held on Monday in Madrid's Teatro Real. The jury celebrated their "courage and resilience for continuing to perform despite the dangers and depredations unleashed by the war." Samoan tenor Pene Pati bagged the Opera Magazine Readers' award, the only one decided by popular vote instead of a jury. Soprano Sabine Devieilhe and baritone Stephane Degout, both French, won Female Singer and Male Singer, respectively.

☆ These controversial ETFs take big risks for massive returns
▼ + stars: | 2022-11-20 | by ( Noah Sheidlower | ) www.cnbc.com time to read: +2 min

Known as leveraged ETFs, ProShares Advisors' Simeon Hyman embraces them — running his firm's UltraPro QQQ and UltraPro Short QQQ funds. Its UltraPro Short QQQ ETF is up over 54% so far this year. But its UltraPro QQQ ETF is off almost 74% in the same period. Hyman believes leveraged ETFs are valuable to the marketplace despite the potential for vastly different performance outcomes. Deborah Fuhr, founder of independent research firm ETFGI, suggests FINRA should take a closer look at leveraged ETFs.

☆ Biden at 80: A ‘respecter of fate’ considers a second White House bid
▼ + stars: | 2022-11-20 | by ( ) www.cnbc.com time to read: +14 min

US President Joe Biden disembarks from Air Force One upon his arrival at the airport of Egypt's Red Sea resort city of Sharm El-Sheikh, to attend the COP27 climate conference, on November 11, 2022. It's soon time for Joe Biden, 80 on Sunday, to decide whether he has one more mountain to climb — the one to a second term as president. Getty: President Joe Biden gives remarks on student debt relief at Delaware State University on October 21, 2022 in Dover, Delaware. "While President Biden may chronologically be 80 years old, biologically he probably isn't," he said. U.S. President Joe Biden smiles during a rally with Democratic nominee for Maryland Governor Wes Moore, U.S.

☆ NHL roundup: Trevor Moore's first career hat trick carries Kings
▼ + stars: | 2022-11-17 | by ( Mark Gleeson | ) www.reuters.com time to read: +2 min

[1/5] Nov 16, 2022; Edmonton, Alberta, CAN; Edmonton Oilers forward Zach Hyman (18) and Los Angeles Kings forward Trevor Moore (12) battle for a loos puck during the second period at Rogers Place. Mandatory Credit: Perry Nelson-USA TODAY SportsNovember 17 - Trevor Moore scored all three goals for the visiting Los Angeles Kings in a 3-1 win against the Edmonton Oilers on Wednesday night. It was the first hat trick of Moore's five-year NHL career and just his third multigoal game. Zach Hyman scored and Stuart Skinner stopped 29 shots for the Oilers, who have lost five of their past seven games. Buffalo goalie Eric Comrie gave up two goals on 24 shots before leaving the game late in the second period with an injury.

☆ Finding bright spots in the bitcoin bear market
▼ + stars: | 2022-11-16 | by ( Kevin Schmidt | ) www.cnbc.com time to read: +4 min

Despite a tumultuous year for cryptocurrencies and their trading platforms, there remains a bright spot in the space: bitcoin futures ETFs. The ProShares Bitcoin Strategy ETF (BITO) hit a trading record on Nov. 8, surpassing its previous record by 64%. And volume for ProShares Short Bitcoin Strategy ETF (BITI) also on Nov. 8 spiked 366% higher than any day since its launch, according to ProShares. Hyman said the lack of segregation among bitcoin exchanges underlines the need for maturation. "You hold enough cash, such that the return should be approximately spot bitcoin.

☆ Here's how bitcoin futures ETFs performed in a dramatic week for crypto
▼ + stars: | 2022-11-13 | by ( Jesse Pound | ) www.cnbc.com time to read: +3 min

The ProShares Bitcoin Strategy ETF (BITO) and Short Bitcoin Strategy ETF (BITI) both saw their largest daily trading volumes on record last week. Applications for a true spot bitcoin ETF have been consistently rebuffed by the SEC , but the agency did allow bitcoin futures ETFs to launch. Bitcoin futures do not perfectly track spot bitcoin and the ETFs can carry additional costs for investors, such as the potential for roll costs when the fund swaps out expiring futures for new ones. However, bitcoin futures are also financially settled, meaning there is no bitcoin that changes hands or is held in an account. He added that the roll costs for bitcoin futures have come down sharply since the ETFs launched.

Nov 10 (Reuters) - Trading volumes in bitcoin futures and exchange traded funds (ETFs) has exploded as investors scrambled to hedge their positions after this week's slump in digital tokens triggered by turmoil at crypto exchange FTX. CME bitcoin futures November contracts traded at $17,250, with a volume of 13,292 at 11:24 a.m. EST (1624 GMT), which was a 3% discount to the spot price of $17,770. Trading volumes soared on Tuesday and Wednesday as FTX's woes worsened, touching 48,554 and 32,168 contracts respectively, significantly higher than volumes over the past two months which hovered between 4,902 and 27,309. The ProShares short bitcoin strategy ETF (BITI.P), a bearish play on CME bitcoin futures, witnessed record trading volume on Wednesday as investors hunted for "regulated, transparent futures market," ProShares Global Investment Strategist Simeon Hyman said. Meanwhile, ProShares Bitcoin Strategy ETF (BITO.P), which was halted for trading on Wednesday, has witnessed a 300% jump in trading volume in the from its previous high on October 21, 2022.

☆ Hyman: The key is to look now for companies that are growing their margins
▼ + stars: | 2022-11-04 | 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 EmailHyman: The key is to look now for companies that are growing their marginsSimeon Hyman of ProShares Advisors says while the Fed's continued hawkish stance has taken some steam out of the markets, the fundamentals of the October rally stills stand.

☆ Don't make these 5 virtual interview mistakes—they can 'sabotage your candidacy' and cost you a job
▼ + stars: | 2022-11-03 | by ( Morgan Smith | ) www.cnbc.com time to read: +4 min

Between August and September, TopResume asked 330 U.S. hiring managers, recruiters and HR professionals to rank the worst offenses a candidate can commit during a virtual interview. How do you make proper eye contact with someone on a screen? The best place to conduct a virtual interview is a room that's clean, quiet and has good acoustics, Jeff Hyman, CEO of Recruit Rockstars, says. As for decorations, "if you would think twice about having something behind you in a cubicle at an office, then you probably shouldn't have it up during a job interview," Augustine says. Surprisingly, technical difficulties did not make the list of virtual interview deal-breakers.

☆ NHL roundup: Christian Dvorak's hat trick carries Canadiens to victory
▼ + stars: | 2022-10-30 | by ( ) www.reuters.com time to read: +8 min

Mandatory Credit: Jeff Curry-USA TODAY SportsOctober 30 - Christian Dvorak scored a third-period hat trick as the visiting Montreal Canadiens rallied past the St. Louis Blues 7-4 on Saturday night. Rangers 6, Stars 3Zac Jones scored the tiebreaking goal in the third period to help New York notch a victory over host Dallas. Red Wings 2, Wild 1Lucas Raymond scored his first two goals of the season and host Detroit downed the Wild. Capitals 3, Predators 0Darcy Kuemper made 34 saves for his first shutout of the season and visiting Washington defeated Nashville. Mikael Backlund scored a short-handed goal, and Brett Ritchie also scored for Calgary, which had a two-game winning streak snapped.

☆ Not a good buy: Rent the Runway, exactly one-year after IPO, is down nearly 90%
▼ + stars: | 2022-10-27 | by ( Barbara Collins | ) www.cnbc.com time to read: +4 min

While Rent The Runway closed its retail stores due to the pandemic, it still has a network of drop-off locations in major cities, including New York. More than 50% of clothing hanging up in someone's closet is only worn a handful of times before being discarded, according to Rent the Runway CEO Jennifer Hyman. That's why she, along with co-founder Jenny Fleiss, started the fashion rental and subscription business Rent the Runway in 2009 – a service the company has coined a "closet in the cloud." Customers can rent items for as long as they'd like and have the option to purchase any pieces they love. In its first decade of existence, Rent the Runway says it reached more than 11 million members.

☆ NHL roundup: Sabres top Flames behind Alex Tuch's hat trick
▼ + stars: | 2022-10-21 | by ( ) www.reuters.com time to read: +8 min

Mandatory Credit: Sergei Belski-USA TODAY SportsOctober 21 - Alex Tuch produced his first career hat trick to help the visiting Buffalo Sabres earn a 6-3 win against the Calgary Flames on Thursday. Dylan Cozens and Casey Mittelstadt each added a goal and an assist while Rasmus Dahlin also scored for the Sabres. Register now for FREE unlimited access to Reuters.com RegisterTuch extended his goal streak to three games 46 seconds into the second period. Dahlin has scored in each of the Sabres' first four games, the longest season-opening goal streak by a blue-liner in NHL history. The Canadiens also got first period goals from Josh Anderson, Cole Caufield and Brendan Gallagher to get off to a 5-0 start.

☆ Navigating rates and volatility
▼ + stars: | 2022-09-23 | 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 EmailNavigating rates and volatilityBleakley Financial Group's Peter Boockvar, Seymour Asset Management's Tim Seymour and ProShares Simeon Hyman join CNBC's Frank Holland and the 'CNBC Special: Markets in Turmoil' to discuss market reaction to the Fed's latest rate increase and where they see stocks heading for the rest of the year.

☆ ProShares bitcoin short ETF launches today
▼ + stars: | 2022-06-21 | 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 EmailProShares bitcoin short ETF launches todaySimeon Hyman, ProShares Global investment strategist, joins 'TechCheck' to discuss the company's new bitcoin short ETF launch.

☆ Warehouse giants like Amazon and others are desperate for more robots, but human workers worry they make the job more dangerous
▼ + stars: | 2021-08-31 | by ( Andrew Moseman | ) www.businessinsider.com time to read: +12 min

As a new workday dawns in the warehouse, workers take their places around the floor to start their shifts. Amazon, the industry juggernaut, began bringing robots into its warehouses after purchasing the robotics company Kiva Systems in 2012. This year, it launched a billion-dollar fund focused on logistics and supply-chain robotics companies, the biggest splash in a sea of warehouse robotics investments and acquisitions. A Harvard Business Review survey of 77 warehouse workers in 2022 found that they viewed automation in warehouses slightly more positively than negatively. While workers worried about job loss and dealing with tech malfunctions, they were optimistic that robots could make their work safer and more productive.

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