Author: arthursheikin@gmail.com

[ad_1] After a strong rally off a double bottom pattern in April and May, shares of coffee conglomerate Starbucks Corp. (SBUX) have now stalled out at the crucial 200-day moving average. Will the Seattle-based brewer have enough strength to finally clear this long-term trend barometer? Based on our analysis of trend, momentum and volume, we see a breakdown as a much more likely scenario. Starbucks has settled into a consolidation phase since early June, bouncing between resistance around $97-98 and support at $90. We can see that the 200-day moving average is almost completely flat, reinforcing the consolidation created by…

[ad_1] At one point, an app called Twitterrific was one of the most popular iPhone apps for browsing Twitter. These days, the company behind that app, and the many apps that followed, is struggling. And AI may partially be to blame. On Wednesday, the company known as the Iconfactory admitted it was at a crossroads and was putting up several of its apps for sale due to a lack of resources. While the announcement positioned the matter as a situation where the Iconfactory’s app catalog had simply grown to include too many apps to keep up with and not enough…

[ad_1] 2025-07-31T17:24:16Z 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 Fed kept rates steady this week as it waits for more clarity on inflation. While markets are clamoring for cuts, there’s an opportunity for consumers amid higher rates. A study shows that US households might missing out on big savings. The president may be hammering the Federal…

[ad_1] Labubu dolls on display at Pop Mart’s new store in Las Vegas July 12, 2025. Kara Gildea | Las Vegas Review-Journal | Tribune News Service | Getty ImagesIn recent months, Shay Tomi began seeing plush monster dolls attached to purses and strollers around San Francisco. During recent travels, the 28-year-old noticed more hanging from belt loops. Online, she was fed videos of people unboxing creatures of their own.These objects, as she would come to learn, have a name: Labubu. After years of rising brand awareness in China, they’re taking the U.S. by storm as a hot fashion accessory and…

[ad_1] Netflix wants to mature its ad business from infancy to “Adolescence,” and the company just made a key international hire to help boost sales.The streamer recently hired Ed Couchman to lead its UK advertising sales team, Netflix confirmed to Business Insider.Couchman is set to join Netflix later this year from Spotify, where he had been head of advertising sales for the UK and Northern Europe since 2023. He is a familiar face on the UK advertising scene, with experience in both traditional and digital media. Before joining Spotify in 2023, Couchman previously held senior UK-based ad sales roles at…

[ad_1] 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 he’s happy to have owned the stock as part of the S&P 500, as the idea of investing directly in Nvidia a couple of years ago — when it was trading at more than 100 times forward earnings — “would have scared the hell out of me.”Malkiel, 92, the…

[ad_1] Apple is on the docket to release fiscal third-quarter earnings after the stock market close Thursday, with most analysts cautiously optimistic that the iPhone maker’s June quarter will deliver results that at least match Wall Street expectations. Analysts estimate that Apple, led by CEO Tim Cook, will earn $1.33 per share on revenue of $89.54 billion, an LSEG survey shows. This would represent earnings growth of 2.4% and a revenue rise of 4.4% versus the same period a year ago. Apple beat Wall Street’s forecasts for earnings and revenue in the fiscal second quarter that ended in March. But…

[ad_1] Quora’s AI platform Poe announced on Thursday that it’s releasing an API that allows developers to easily access different models or bots for their own applications. The API doesn’t require a separate fee. Instead, usage is tracked via Poe’s existing point-based subscription plans, where each model call costs a set number of points. For instance, low-quality image generation through GPT-4o in a 1:1 aspect ratio and 1024 x 1024 size would cost 328 points. Today, Poe’s plans include the $4.99 per month plan (10,000 points per day), the $19.99/mo plan (1 million points per month), the $49.99/mo plan (2.5…

[ad_1] Tesla cofounder Martin Eberhard wishes he’d canned engineers who’d given him compensation ultimatums during crunch time.Having led Tesla through its early creation and the prototyping of the Roadster, Eberhard is ingrained in the electric vehicle company’s history. He famously had a falling out with current CEO Elon Musk, later suing and settling a lawsuit related to the EV maker’s founding story.On her YouTube show, Kim Java asked Eberhard what advice he’d give to his younger self.Eberhard described a different kind of tension — describing times in which an unnamed engineer would seek to exercise leverage at a critical moment…

[ad_1] An Austrian startup that has built encryption software to share private data without decrypting it has raised $5.5 million in seed funding from investors including A16z and Archetype VC.Taceo, founded in 2022, has created software that lets companies verify or compute information without decrypting it. That could help payment providers verify transactions or hospitals collaborate on clinical trials without sharing patient data, the startup said.”They can run the algorithms on our encrypted data without prying on us, but still delivering the service that we find so useful,” Lukas Helminger, the cofounder and CEO, told Business Insider.The startup has combined…