Preseason all-Bay Area News Group high school football 2023: Quarterbacks
Serra, San Ramon Valley, Acalanes standouts lead all-Bay Area News Group preseason quarterbacks list PRESEASON ALL-BAY AREA NEWS GROUP QUARTERBACKS (arranged alphabetically) Marley Alcantara, 5-10, 180, junior, Pittsburg Last season, despite playing behind four-star quarterback Jaden Rashada, Alcantara passed for 14 touchdowns and rushed for three more. In the Big Little Game, he threw for…
Snap is ending employees’ cash food benefit, citing ‘on-site’ meals ahead of full RTO mandate
For the last three years Snapchat workers received a weekly stipend for food. That benefit is disappearing as Snap wants to get people in the office at least four days a week. Instead of the food benefit, workers have been told to “explore” on-site lunch offerings. Snap is discontinuing a benefit that allowed employees to…
A handful of portfolio managers exited $20 billion hedge fund Balyasny in early August
Four stock-picking portfolio managers left Balyasny in early August. Some are headed to rival multi-manager hedge funds, according to people familiar with the matter. The $20 billion fund is trailing its peers in performance this year. According to people familiar with the matter, multi-strategy hedge fund Balyasny Asset Management saw a handful of departures in…
DTC brands are struggling to turn a profit. Shopify and some software startups aim to solve this by paying customers to shop.
Profitability has been a challenge for DTC brands. Many are rethinking their customer acquisition strategies to focus on higher-margin rewards. Startups like Catch and Fondue are building cash-back tech for brands. It’s difficult to turn a healthy profit as a DTC brand. Some are moving away from the heavy discounting and perplexing rewards programs of…
Here’s how the Bloomberg Terminal is integrating AI to automate tasks for traders and analysts
Bloomberg recently rolled out a new AI tool on the terminal’s instant messenger. The data giant has been using AI to help traders and analysts automate tasks and better use data. Mark Flatman, global head of core product at Bloomberg, explains how it works. Bloomberg is updating its terminal, a ubiquitous piece of technology that…
Beware overhype about AI and make these 7 smart investments instead, according to a tech portfolio manager at a $120 billion firm
Lower inflation and a resilient labor market have many market pundits excited about the economy. Technology investor Jonathan Curtis is bullish, though he’s worried about AI stocks in late 2023. Below are seven parts of the market that Curtis is comfortable investing in now. Even after the recent market pullback, there’s plenty for investors to…
3 business owners share the one change they made to turn everything round and start making money
Business owners might make mistakes when they first start, which could cost them income. Insider spoke with three people who started their own marketing, blogging, and writing businesses. They each shared one change they made that turned their businesses around. Some entrepreneurs must wait months, if not years, to gain their first customers or turn…
Is the office the next ‘Big Short?’ A trader who returned 119% betting against shopping malls shares his playbook
Dan McNamara’s Polpo Capital is shorting office real estate, a risky move that could be lucrative. The trade has drawn comparisons to “The Big Short,” which McNamara says is overblown. His office playbook includes some shorting, distressed-debt buys, and interest-only loans. Dan McNamara’s office is on the 19th floor of a plain office building in…
A top Two Sigma investment executive has taken leave from the firm amid a series of challenges for the hedge fund giant
A Two Sigma chief investment officer has taken a medical leave, Insider has learned. The firm announced the leave of Alex Ginsburg, CIO of equities, to investors and employees in July. The fund is also grappling with governance and management issues related to its feuding founders. Insider has learned that a senior Two Sigma investment…