Author: arthursheikin@gmail.com

[ad_1] The stock market’s run to fresh all-time highs this week has left some individual names in overbought territory, putting them at risk of a pullback. The S & P 500 reached a record of 6,600.21 after an uptick in unemployment claims and a surprise decline in wholesale prices solidified expectations for at least a quarter percentage point rate reduction from the Federal Reserve next week. The benchmark ended the week with a 1.6% gain. Certain stocks, however, may have run too far too fast. Using the CNBC Pro screening tool , we searched for S & P 500 stocks…

[ad_1] In an era when American billionaires are minted in Silicon Valley and fortunes are built on algorithms and artificial intelligence, Don Vultaggio stands out.With a net worth of nearly $6 billion, the 73-year-old cofounder of Arizona Beverage USA made his billions largely by selling $0.99 cans of iced tea that have become as iconic as they are affordable.Unlike ultrawealthy university alums, including Elon Musk, Jeff Bezos, and Warren Buffett, Vultaggio never went to college. In fact, he said he probably wouldn’t have finished high school if his mother hadn’t stepped in.”I wasn’t a good student, but it wasn’t the…

[ad_1] Barb and Peter were excellent servers. They were fast, efficient, and tidy. They were patient as I scanned the menu, deciding what to get. They didn’t try to upsell me. And they delivered my order gracefully and with care.Barb and Peter are a pair of robotic arms that work at VenHub, a 24/7, fully automated convenience store that opened four locations in Los Angeles this year. The store is run without any humans; instead, it relies on the robotic arms to pick up items and hand them over to customers. It sells the kinds of things you’d expect from a…

[ad_1] 2025-09-13T10:05:01Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. The resale market is bigger than ever, and some shoppers are making purchases with that in mind. Certain classic items, like an Hèrmes Birkin or Rolex Datejust, hold their value. These five items make smart investments, according to the luxury resale platform The RealReal. What’s old is new…

[ad_1] Uber is cracking down on drivers who it says are manipulating their GPS locations — and the effort is causing headaches for some gig workers.In July, an Uber driver named Andre got a notification that Uber had deactivated his driver account because, according to the ride-hailing service, he had faked his phone’s GPS location. He said he had no clue what that meant.”I don’t know what this is,” he told Business Insider. “I didn’t GPS-manipulate anything. I’m not smart enough to do that.”An Uber spokesperson told Business Insider that removing a driver from its platform “isn’t a decision we…

[ad_1] Apple introduced the world this week to its thinnest phone yet.With a depth of 5.6 millimeters, the iPhone Air rests on a fingertip in its debut clip. It was the star of the show at Apple’s “awe dropping” fall event, where it emphasized the phone’s “impossibly thin” yet durable design.”It does seem like it’s going to fly away when you’re holding it,” CEO Tim Cook told The Wall Street Journal after unveiling the phone.The iPhone Air’s predecessors varied in depth, shape, and height. The OG iPhone, known for its rounded edges, is a whopping 11.6 millimeters, while the iPhone…

[ad_1] Emily Fontaine engages with VC firms, startups, and portfolio companies every day, she told Business Insider, and she knows what she wants from them.As IBM’s global head of venture capital, Fontaine leads IBM Ventures, which partners with companies working on everything from quantum computing to artificial intelligence to cybersecurity. She said she wants to connect with 800 startups worldwide this year.”We’ve got a really good formula for that,” Fontaine said on how she decides whether to invest. “Our mission is super clear: accelerate enterprise innovation with emerging technologies that are delivering real business value.”Fontaine said she evaluates investments based…

[ad_1] This as-told-to essay is based on a conversation with Cliff Goldstein, 40, who is based in Upstate New York and runs Hike with Cliff. His income, his former employment, and salary have been verified by Business Insider. The following has been edited for length and clarity.In many ways, it was just a matter of time before I became a hiking guide.Throughout my career, I’d dreamed of working in the outdoors. But I went down the road of working on Wall Street and then in tech, both of which came with a gradual sense of dissatisfaction.I’d always thought that if…

[ad_1] Angel Studios just went public and is selling investors on a business model that gives its streaming subscribers creative control.The Utah-based studio is known for its faith-themed and “values-driven” movies and TV shows, like making the 2023’s sleeper box-office hit “Sound of Freedom” and its involvement in the “The Chosen” series based on the life of Jesus Christ.Angel’s name isn’t only about religion. It’s also a nod to its unconventional green-lighting process. Angel’s streaming subscribers — with plans starting at $12 a month — double as “angel investors” who can vote on what future films get made.”Our problem isn’t with what’s…

[ad_1] This as-told-to essay is based on a conversation with Cameron Gurr, a 33-year-old former Disney employee who lives in California. Business Insider has verified Gurr’s employment history and earnings with documentation. The following has been edited for length and clarity.I started at Disney in 2011 with an eight-month internship as a cast member. My end goal was to go back after finishing my degree and rise through the company’s ranks.When I was young, my parents took me to Disneyland. I was wearing a pair of Mickey ears, and I remember seeing Mickey Mouse go by on his train float.…