Morgan Stanley says AI and gig work could add $400 billion to the economy by 2030. Here are the 4 buy-rated stocks that will benefit, and the brands that could be challenged.
Morgan Stanley believes that income from the gig economy will be enhanced by generative AI. Companies that provide platforms to gig workers that integrate AI are expected to benefit. Gig workers using generative AI reported a 21% boost in income. According to a Morgan Stanley note published on September 18, generative artificial intelligence may not…
Ad giant IPG merges embattled data unit Kinesso with media agency Reprise after major shakeup
IPG’s data unit Kinesso underwent a massive reorg, where many top execs departed. That data unit has been merged with IPG’s media agency Reprise, and has been relaunched as KINESSO. KINESSO will largely supplement the other IPG media agencies with data and tech expertise. Ad giant IPG has finally decided what to do with its…
How fashion influencer Tezza turned photo filters into an app with $32 million in projected yearly revenue and a newly launched print magazine
Tezza, an influencer with 1.2 million Instagram followers, launched an app in 2018. The app — also called Tezza — now has 2.5 million monthly active users. She also launched a magazine. Here’s an inside look into the influencer’s business. Tessa Barton — better known as Tezza — is building a media empire with 1.2…
CarMax just promoted a longtime employee to CMO. She tells Insider how she went from search analyst to marketing chief.
CarMax’s new CMO is its longtime employee Sarah Lane. She has a plan to make CarMax an ‘iconic’ brand. Lane started as a search analyst and led some big projects that propelled her rise. Sarah Lane, CarMax’s long-time employee and VP of marketing, was recently promoted to CMO and SVP. Lane joined the company as…
Buy the dip in Nvidia and make these 5 other investments now while stocks struggle, according to a long-time chart guru who called last month’s market pullback
Investors should brace for a modest drawdown in the coming weeks, David Keller warns. The chief market strategist at StockCharts.com sees an ominous pattern in the S&P 500. Here are six stocks or sectors that investors should tilt toward right now. For the past month, US stocks have been essentially flat, and many investors would…
Goldman Sachs analyzed 5,000 IPOs from the past 25 years and found the 2 characteristics new stocks share that indicate they will outperform the market
IPOs have seen a long drought after the deluge of new public companies between 2020 and 2021. Goldman Sachs believes more IPOs are on their way, but not all will outperform. CIO David Kostin broke down the two reasons why some IPOs thrive, and how to spot day-one winners. After the pandemic, when the market…
Here’s an exclusive look at the 17-slide presentation that startup Jude used to raise $4.24 million to help boomers who need bladder help
Jude just raised a $4.24 million seed round to expand into the US. The startup sells bladder-support supplements, undergarments, and other products to Baby Boomers. Check out the 17-slide pitch deck Jude used to raise funding from Eka VC and Samos VC. Move over, millennials: one startup founder believes that baby boomers represent a largely untapped…
A portfolio manager explains why the first quarter of 2024 is the perfect storm for a stock-market pullback — and shares the 3 funds he’s buying to take advantage of this year’s bull rally
Raymond Bridges has a bearish outlook on the macroeconomic front. Still, he expects that the remainder of the year will be accompanied by a bull rally for stocks. He has reduced his short-term Treasuries exposure and increased his stock exposure. According to a Goldman Sachs note dated September 16, economic growth continued into the third…
San Jose police set to classify gun-pointing as a use of force
Policy change expected this month, four years after civilian police auditor urged department to join major cities in the practice SAN JOSE, Calif. — The San Jose Police Department is expected to begin classifying instances where officers point their guns at people as a use of force four years after the city’s civilian police auditor…
