Tech
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Early Prime Day Speaker Discounts: Beats, Bose, and JBL Deals
With the autumn sales season officially underway, retailers are dropping prices on audio gear well ahead of the formal Prime Big Deal Days event. Shoppers can currently find significant markdowns on a variety of portable speakers, ranging from premium models to budget-friendly options, as Amazon clears inventory across major brands.
Roborock's RockMow X120H hits record-low price ahead of Prime Day
Amazon discounts 11-inch M4 iPad Air by $100 ahead of Prime Day
Blackpink’s Lisa Transforms Meta AI Glasses Into High-Fashion Accessory
XTEINK X4 E-Reader Drops Below $80 Amid Rising Tech Costs
Business
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Feline spending surges as pet retail shifts away from dogs
Hyundai projected to surpass Ford in quarterly U.S. sales
MGM Resorts stock slides after Diller’s People Inc. abandons buyout
Olive Garden Sales Slump Drags Down Darden Restaurants
Lowe's Taps DoorDash and Wing for Drone Deliveries
Starbucks to Close 250 North American Locations in Turnaround Effort
Finance faces
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Nobel Laureate Daron Acemoglu Backs California Billionaire Tax Bid
California’s Proposition 40 offers a rare chance to curb the outsized influence of the ultra-wealthy, according to Nobel Prize-winning economist Daron Acemoglu. He joined five other laureates in signing a letter supporting a one-time 5% tax on the state’s roughly 250 billionaires to bolster public healthcare funding.
West Monroe ditches the slide deck for bespoke AI prototypes
“No one's ever been inspired or moved or woken up excited about a PowerPoint,” says Bret Greenstein, chief AI officer at West Monroe. The Chicago-based firm is betting that replacing traditional pitch decks with functional, custom-built AI prototypes in initial client meetings will redefine the consulting engagement process.
Matt Giannini returns to Citadel for third tour of duty
After a brief departure to Walleye Capital, elite hedge fund recruiter Matt Giannini is returning to Ken Griffin’s $76 billion firm for his third tenure. The move marks a high-profile homecoming for a veteran talent scout whose previous exit in 2024 shook the competitive landscape of the equities industry.
Citi Pivots to Ad Tech to Capture Financial Media Market
Citi is launching a dedicated advertising unit, Citi Commerce Media, to monetize its massive database of 70 million customers. By leveraging insights from 6.5 billion annual transactions, the bank aims to sell hyper-targeted marketing slots to brands, positioning itself as a high-precision alternative to traditional retail media networks.
SoMa Equity Partners Shuts Down $2 Billion Tech Hedge Fund
After eight years of operation, San Francisco-based SoMa Equity Partners is returning capital to its investors and closing its doors. The tech-focused hedge fund, which once managed over $4 billion in assets, leaves behind a portfolio that featured industry giants like Nvidia, Amazon, and Alphabet.
The New Face of Wealth: America's Youngest Billionaires
A dramatic shift is reshaping the American elite as the AI gold rush mints new fortunes at record speeds. While the Forbes 400 list now demands a $4.4 billion net worth to qualify, the number of billionaires under 40 has more than doubled, with self-made founders dominating the ranks.