Month: September 2024
YouTube group The Try Guys has quickly found success in launching subscription model
Zach Kornfeld and Keith Habersberger of the Try Guys JD RENES The Try Guys, one of YouTube’s most established creator groups, have successfully abandoned their reliance on Google’s algorithms and advertiser revenue by launching a standalone streaming service called 2nd Try. And it’s already starting to pay off. Brand partnerships, sponsored content and advertising have […]
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Bull market limps into 2-year birthday with soft economic landing in doubt and stock leaders failing
The bull market was born nearly two years ago and has been sustained ever since by a sole premise: Inflation is falling faster than the U.S. economy is slowing. The downslope of price pressures was set to meet the steady advance of GDP at a crossroads called Soft Landing, at which the Federal Reserve could […]
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This gym stock is a buy because of the breakout popularity of pickleball, says Bank of America
The explosive rise of pickleball has at least one major beneficiary: Life Time Group Holdings . According to Bank of America analyst Alexander Perry, the upscale fitness and lifestyle company is set to reap the rewards of the continued surge in popularity of pickleball , a sport which exploded during the Covid lockdown and has […]
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This semiconductor ETF just had its worst week since 2020. Here’s what’s next
Chip stocks kicked off September with their worst stretch in over four years, as shares of artificial intelligence favorite Nvidia lost momentum and concerns over U.S. economic growth weighed on the market. The VanEck Semiconductor ETF (SMH) sank 11.7% in the Labor Day-shortened, four-day trading week. That was its worst week since a 15.2% drop […]
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Wells Fargo’s top picks in September include this tech giant and pharma leader
Wells Fargo highlighted a slate of stocks for September that are poised for major upside. CNBC Pro combed through the firm’s research for overweight-rated stocks that analysts believe have even more room to run. They include Uber Technologies, Microsoft, Burlington Stores, D.R. Horton and Eli Lilly. Burlington Stores “Momentum is building,” analyst Ike Boruchow said […]
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The $100,000 electric truck market is here. A guide to pickups from Tesla, GM, Rivian and Ford
Fronts of the GMC Sierra Denali,Tesla Cybertruck and Ford F-150 Lightning EVs (left to right). Michael Wayland / CNBC DETROIT – Tesla, General Motors, Rivian Automotive and Ford Motor have created a new market in the U.S. automotive industry of pricey, powerful and precarious electric pickup trucks that sell for $100,000 or more. Just five years […]
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Europe’s economy survived ‘terrible prophecies’ but must now tackle trade with China: EU’s Gentiloni
The European Union has successfully avoided the “terrible prophecies” that threatened its economy in recent years, but must still contend with Russia’s war in Ukraine and a tenuous trade relationship with China, outgoing European Commissioner for Economy Paolo Gentiloni said Saturday. The bloc’s economy underwent “overall a weak growth, but nothing of the terrible prophecies […]
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Automakers are getting back into advertising’s biggest arena: NFL
Toyota’s “We Roll Deep Anthem” spot includes fans and NFL stars “setting off on an adrenaline-packed NFL adventure.” Screenshot Automakers are rushing back into advertising during the National Football League season after a slowdown in recent years. Toyota Motor Corporation, Hyundai Motor Company and the Detroit automakers are among those expected to capitalize on the […]
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White House requests investigation of American woman’s killing in West Bank
The family of a 26-year-old American citizen killed amid a protest in the occupied West Bank said an Israeli military shooter killed her, and said an Israeli investigation into the incident would not be enough. Aysenur Ezgi Eygi, a recent graduate of the University of Washington in Seattle, was fatally shot during a demonstration in Beita on […]
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Coinbase has worst week of the year as crypto stocks plummet
SAN ANSELMO, CALIFORNIA – JUNE 06: In this photo illustration, the Coinbase logo is displayed on a screen on June 06, 2023 in San Anselmo, California. The Securities And Exchange Commission has filed a lawsuit against cryptocurrency exchange Coinbase for allegedly violating securities laws by acting as an exchange, a broker and a clearing agency […]
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