Day: September 12, 2024

People like traveling, but hate planning. Hear how Booking Holdings CEO plans to change that
Travel

People like traveling, but hate planning. Hear how Booking Holdings CEO plans to change that

Most people like traveling. But far fewer enjoy booking it. A survey of more than 2,400 people who book their own travel arrangements found that 71% say the process is at least somewhat stressful for them, according to a 2024 survey by the consumer data company CivicScience. The percentage is even higher among parents of kids […]

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This 32-year-old cashed out on over  million in startup equity—here are five tips on how to negotiate for more shares
World

This 32-year-old cashed out on over $2 million in startup equity—here are five tips on how to negotiate for more shares

Bhavik Vashi, 32, made over $2 million after selling his equity in software startup Anaplan. Bhavik Vashi, 32, is living the dream of many Silicon Valley tech workers. He joined a promising startup, did his time and eventually the company was acquired, minting him as a millionaire. Shortly after graduating from the University of California, […]

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Investors are ignoring 2 big risks to markets, says CIO, naming stocks that are bond ‘substitutes’
World

Investors are ignoring 2 big risks to markets, says CIO, naming stocks that are bond ‘substitutes’

Investors are ignoring two major risks to the market, according to Vahan Janjigian, chief investment officer at Greenwich Wealth Management. The first is the U.S. national debt, he told CNBC’s ” Street Signs Asia ” last week. “I think another major risk that investors are ignoring is the massive amount of debt in the United […]

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China’s plan to boost consumption by encouraging trade-ins has yet to show results
Finance

China’s plan to boost consumption by encouraging trade-ins has yet to show results

Key Points China’s plan to boost consumption by encouraging trade-ins has yet to show significant results since it was announced in late July, businesses said. “We are not aware of companies that have seen this translate, since the promulgation of the measures, into concrete incentives on the ground in China,” Jens Eskelund, president of the EU […]

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Meta offered ‘unacceptable’ response to concerns over illicit drug ads on Facebook and Instagram, congressman says
Technology

Meta offered ‘unacceptable’ response to concerns over illicit drug ads on Facebook and Instagram, congressman says

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during an interview on “The Circuit with Emily Chang” at Meta headquarters in Menlo Park, California, US, on Thursday, July 18, 2024.  Jason Henry | Bloomberg | Getty Images A Republican congressman slammed Meta on Thursday over what the lawmaker called an inadequate response to concerns […]

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Stock futures are little changed after S&P 500 notches fourth-straight winning session: Live updates
World

Stock futures are little changed after S&P 500 notches fourth-straight winning session: Live updates

Traders work on the New York Stock Exchange floor on Sept. 9, 2024. Spencer Platt | Getty Images U.S. stock futures were little changed on Thursday evening as traders sought to shake off a sluggish September. S&P 500 futures inched lower by 0.03%. Futures tied to the Dow Jones Industrial Average hovered near the flatline, […]

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Trump Media shares fall to new post-merger low, despite ex-president’s claim he won debate
Politics

Trump Media shares fall to new post-merger low, despite ex-president’s claim he won debate

Sopa Images | Lightrocket | Getty Images Shares of Trump Media continued to sink on Thursday, closing at a fresh low, following Tuesday’s presidential debate between its majority shareholder, former President Donald Trump and Democratic Vice President Kamala Harris. The stock fell 3.6% over the day and closed at $16.07 per share — its lowest […]

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Adobe stock slips on soft fourth-quarter revenue guidance
Technology

Adobe stock slips on soft fourth-quarter revenue guidance

Adobe CEO Shantanu Narayen speaks during an interview with CNBC on the floor of the New York Stock Exchange on Feb. 20, 2024. Brendan Mcdermid | Reuters Adobe reported third-quarter results on Thursday that beat Wall Street expectations for sales and earnings, but the stock slid 10% in extended trading on fourth-quarter guidance that came […]

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Oracle bumps up fiscal 2026 revenue forecast, lifting stock 6%
Technology

Oracle bumps up fiscal 2026 revenue forecast, lifting stock 6%

Oracle Corp. CEO Safra Catz walks on the floor of the New York Stock Exchange as Oracle rang the opening bell in celebration of its 10th anniversary of listing on the exchange in New York on July 12, 2023. Spencer Platt | Getty Images Oracle shares rose about 6% in extended trading on Thursday after […]

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Intel getting help from Commerce Secretary Raimondo as part of effort to spur U.S. production
Technology

Intel getting help from Commerce Secretary Raimondo as part of effort to spur U.S. production

Secretary of Commerce Gina Raimondo listens as President Joe Biden participates virtually in a meeting on the Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Act at the White House on July 25, 2022. Anna Moneymaker | Getty Images News | Getty Images Intel has been badly beaten down of late, losing 60% of […]

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