Wall
As tech stocks propel the market to record highs, Wall Street legend Burt Malkiel is glad he invested in Nvidia — but only through index funds.The chipmaker’s share price has surged 12-fold since the start of 2023, supercharging its valuation to an unmatched $4.4 trillion. Malkiel told Business Insider that…
Netflix has seemingly solved the economics of streaming, but it hasn’t yet mastered movies.Viewership for Netflix’s original films shrank in the last two years, even as inventory rose, according to new research from MoffettNathanson based on data from Netflix’s self-published engagement report.Movies made for Netflix generated 9.2 billion viewing hours…
Behold the bag that has a chokehold on mom TikTok: the Yeti Camino 35 Carryall Tote Bag.The waterproof tote bag, made by Texas-based outdoor recreation products company Yeti, has been all over MomTok. Parents are taking videos touting it as the sleekest, most durable bag for carrying their things while…
Citi CEO Jane Fraser is doubling down on work from home at a time when more companies — from Wall Street to Silicon Valley — are demanding employees return to the office five days a week.Citigroup on Monday announced two weeks of fully remote work in August for its hybrid employees, the…