Sales & Marketing news

• Hedge fund scorecard: Millennium, Point72, and Asia funds caught up in a chaotic July

  04-08-2026 23:51 via businessinsider.com
  
  Hedge funds' portfolio managers had plenty of variables to deal with in a choppy July.NYSEBig-name hedge funds were mostly down in July.The meltdown of Leopold Aschenbrenner's fund highlighted a chaotic month in markets.The S&P 500 index also lost money in July, finishing last month down 0.1%.A busy July put many big-name hedge funds in the red to start the third quarter.Izzy Englander's Millennium lost 2.1% last month, a person close to the New York-based manager told Business Insider, pull
  
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• AI stock sell-off slams stockpicking hedge funds as Whale Rock loses 21.7% in July

  04-08-2026 23:48 via businessinsider.com
  
  Alex Sacerdote's Whale Rock was hit hard in July's choppy markets.Bloomberg/Getty ImagesSeveral stockpicking hedge funds lost money in July.Alex Sacerdote's Whale Rock Capital was down more than 20% on the month in its flagship fund.Tech stocks somewhat stabilized after Citadel bought Situational Awareness's equity portfolio.While Leopold Aschenbrenner's 67% loss last month might have had the industry's most severe drawdown in July, plenty of stockpickers focused on cutting-edge companies also s
  
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• SpaceX earnings recap: Stock drops 7% after first post-IPO report reveals higher than expected AI capex

  04-08-2026 23:46 via businessinsider.com
  
  IPOSpaceX delivered its first earnings report since going public in June, arriving at a sensitive time for the stock, which has tumbled 15% from the $135 offering price.SpaceX shares dropped 7% after hours following earnings, which revealed better-than-expected revenue but higher-than-expected AI capex. While overall capex came in slightly below analysts' estimates, AI-related investments totaled $15.8 billion for the quarter, compared with Wall Street's $13.09 billion estimate.Quarterly revenue
  
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• 8 best silk pajamas, according to extensive testing

  04-08-2026 23:29 via businessinsider.com
  
  When you buy through our links, Business Insider may earn an affiliate commission. Learn moreI tested three silk pajama styles, including a striped shorts set, a floral nightgown, and a classic button-down set.Samantha Crozier/Business InsiderA great pair of silk pajamas can make your whole nighttime routine feel more elevated — but not every set is worth the splurge. After testing silk pajama sets and nightgowns from brands like Eberjey, Quince, Lunya, and Clementine, I found that the bes
  
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• The Nordstrom Anniversary Sale is almost over — these are the 58 deals we'd regret missing out on

  04-08-2026 23:00 via businessinsider.com
  
  When you buy through our links, Business Insider may earn an affiliate commission. Learn moreGet ahead of fall trends and scoop up the essentials during the Nordstrom Anniversary Sale, before prices go up on August 10.Gabrielle Chase/Business InsiderThe Nordstrom Anniversary Sale ends August 9, with up to 40% off on fall essentials.Score luxury deals up to 60% off during Nordstrom's designer clearance, featuring Celine and Miu Miu.Discover daily beauty deals with up to 30% off select products du
  
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• Buy or bye: Are the viral Archies flip flops as good as the internet has made them out to be?

  04-08-2026 22:55 via businessinsider.com
  
  When you buy through our links, Business Insider may earn an affiliate commission. Learn moreWelcome to Buy or Bye: Archies flip flop edition.Rachael Schultz/Business InsiderBack in the spring, my social feeds became overrun with ads for Archies flip flops. They looked like the perfect Y2K flip flops — slim straps, lightweight foam arch support, and a simple silhouette that wouldn’t hijack an outfit. I’ll admit: I am their exact target audience. I have high arches, chronic lowe
  
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• The 7 best places to buy contacts online using insurance or FSA/HSA in 2026

  04-08-2026 22:42 via businessinsider.com
  
  When you buy through our links, Business Insider may earn an affiliate commission. Learn moreContactsDirectContact lens-wearing habits differ for everyone and become apparent over time. Some of us wear dailies and need a yearly supply, while others wear contacts ad hoc because we usually rely on glasses. That's why it's far more convenient, and often cheaper, to buy your contacts online.Our team has researched and tested the best places to buy contacts online with insurance. These sites saved us
  
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• Best Visible phone plan deals of August 2026: Get $6 off every month

  04-08-2026 22:41 via businessinsider.com
  
  When you buy through our links, Business Insider may earn an affiliate commission. Learn moreVisible/InsiderWhen it comes to mobile service, it doesn't get simpler than an MVNO like Visible. The Verizon-backed service is easy to sign up for, with monthly fees not unlike those of a streaming service or a gym membership. It's already affordable, but with a good Visible deal, you can save even more.Visible's best ongoing offer features $6 off every month with the promo code SAVE6. The coupon can be
  
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• OpenAI reaches $3.2 million settlement with DOJ over claims it discriminated against US workers

  04-08-2026 22:36 via businessinsider.com
  
  OpenAI said it disagreed with the Justice Department's findings but wanted to move ahead.SeongJoon Cho/Bloomberg via Getty ImagesThe Justice Department said OpenAI and a subsidiary discriminated against US workers.OpenAI disputes the findings but will pay $3.2 million to settle the claims.The Trump administration has sought to crackdown on companies it sees as abusing the visa process.The Justice Department said OpenAI and one of its subsidiaries discriminated against US workers by unfairly favo
  
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• David Ellison's Paramount beats earnings estimates — but may owe WBD shareholders more than $1 billion

  04-08-2026 22:35 via businessinsider.com
  
  Paramount Skydance CEO David Ellison's company may soon have to pay up to WBD investors.Gabe Ginsberg/Getty ImagesParamount Skydance beat revenue and earnings estimates, but its backers may soon have to pay up.The trial for Paramount's proposed merger with WBD won't start until March 2, a federal judge ruled.Paramount agreed to pay WBD shareholders about $7 million per day that its deal isn't closed, starting September 30.David Ellison's Paramount Skydance beat earnings estimates on Tuesday &mda
  
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• Lime is doubling down on cities where it already operates. It's about creating more loyal riders, its CEO says

  04-08-2026 22:22 via businessinsider.com
  
  Lime is adding more scooters and bicycles to cities where it already operates to boost ridership, CEO Wayne Ting said.Mike Kemp/In Pictures via Getty ImagesLime is adding more scooters and bicycles to places where it already operates.It's a move to create more loyal riders, CEO Wayne Ting said.Lime's IPO helped it report a profitable second quarter on Tuesday.Expect to see even more Lime scooters and bikes zooming around major US cities.Wayne Ting, Lime's CEO, told Business Insider on Tuesday th
  
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• Stocks surge to fresh records as the US says a deal to reopen the Strait of Hormuz is near

  04-08-2026 22:05 via businessinsider.com
  
  Michael M. Santiago/Getty ImagesUS stocks are adding to Monday's gains, hitting record highs on hopes for a deal to open the Strait of Hormuz.The Dow soared more than 1,000 points, while the S&P 500 advanced 2%.Investors were piling into tech shares, with the Nasdaq 100 up almost 3%.A fresh risk-on rally pushed stocks to records on Tuesday.US stocks have clawed their way back to records after a volatile rotation in the AI trade sent investors on a roller coaster ride in July. The Dow Jones I
  
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• The Pentagon's counter-drone force has rolled out a new online marketplace for buying defensive tech

  04-08-2026 21:55 via businessinsider.com
  
  The new, updated marketplace went live two weeks ago.US Army photo by Spc. Julian WinstonThe US task force for countering drones has unveiled a new marketplace for defensive technologies.The shop built by Kaizen Laboratories lets users compare systems, performance data, and prices.Ukraine operates a more established combat-technology marketplace called Brave1 Market.The Pentagon's counter-drone task force and software company Kaizen Laboratories have developed a new online marketplace built to h
  
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• Microsoft is retiring its peer-feedback tool as it overhauls employee reviews, an internal message shows

  04-08-2026 21:09 via businessinsider.com
  
  Microsoft CEO Satya Nadella.George Chan/Getty ImagesMicrosoft is retiring a peer-feedback tool once lauded as a sign of a "kinder, gentler Microsoft."The change comes as the company overhauls performance reviews.The internal message suggests the tool will be replaced by informal discussions.Microsoft is retiring a peer-feedback tool as it overhauls employee reviews, according to an internal message viewed by Business Insider.The tool, called Perspectives, allowed employees to request input on th
  
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• Where to buy Ella Langley tickets: Dandelion tour dates and prices compared

  04-08-2026 21:04 via businessinsider.com
  
  When you buy through our links, Business Insider may earn an affiliate commission. Learn moreAdam Kissick/SXSW Conference & Festivals via Getty ImagesElla Langley has quickly become one of country music's fastest-rising stars, thanks to breakout hits like "You Look Like You Love Me" and a string of high-profile tour appearances alongside some of the genre's biggest names. If you're hankering to see her live, read on to learn where to buy Ella Langley tickets, including limited listings for s
  
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• Companies laying off staff this year include Meta, Amazon, and Visa — see the list

  04-08-2026 20:53 via businessinsider.com
  
  Verizon is one of the latest companies to announce job cuts.Bloomberg/Getty ImagesCompanies including Meta, Amazon, and Visa have said they're trimming staff this year.Many firms, like Wix, have cited the rise of AI as a reason they need fewer staff.See the list of companies letting workers go in 2026.More than 40 companies have laid off employees so far in 2026, continuing the trend of significant workforce reductions across a broad range of industries, including tech, media, finance, and retai
  
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• 'This place is crazy': Ex-Apple engineer's texts highlight OpenAI's AI-centric workplace

  04-08-2026 20:49 via businessinsider.com
  
  Apple has filed a trade secrets lawsuit against OpenAI.CFOTO/Future Publishing via Getty ImagesA former Apple engineer said OpenAI uses AI "all over the place" in newly released texts.OpenAI released the messages as part of its defense against Apple's trade secrets lawsuit.Apple has accused OpenAI and former employees of stealing Apple's confidential information.One notable detail to emerge from the brewing legal battle between Apple and OpenAI isn't about trade secrets at all — it's about
  
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• What smart people are saying about OpenAI's 'Apple is getting this wrong' rebuttal

  04-08-2026 20:24 via businessinsider.com
  
  OpenAI posted a letter on Monday, hitting back at Apple's recent trade secrets lawsuit.Getty Images/Business InsiderApple filed a lawsuit against OpenAI in July, accusing the AI lab of stealing trade secrets.OpenAI has denied wrongdoing. On Monday, the AI firm published a blog post saying the suit was "careless."Several voices across tech weighed in on the heavyweight back-and-forth.OpenAI is clapping back against Apple's lawsuit.On Monday, the AI company published a blog post titled "Apple is g
  
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• My Greek parents tried Ina Garten's Greek orzo salad. Now they can't stop making it.

  04-08-2026 20:21 via businessinsider.com
  
  My Greek parents love Ina Garten's Greek orzo salad.Anneta Konstantinides/Business InsiderI made Ina Garten's Greek orzo salad for my Greek parents.The salad features feta, orzo, chickpeas, kalamata olives, and red bell pepper.My parents loved the light and delicious dish, especially for the summer.When I saw that Ina Garten had a Greek orzo salad, I knew my Greek parents had to try it.My parents immigrated to the US from Greece in the 1980s, and they made sure to teach me about Greek culture th
  
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• TikTok's brief and raunchy experiment with a dating feature is over

  04-08-2026 19:59 via businessinsider.com
  
  TikTok tested a "dating" option on its livestreaming feed.Screenshot/TikTok/BITikTok is pausing a test of a new dating feature that connected singles in live chat rooms.The feature lived in the "hangout" part of the app and was one of several multi-guest live options.Livestream blind dates have become popular in China, where TikTok's owner, ByteDance, was founded.For a brief moment, we looked for love in a hopeless place: TikTok.TikTok tested a new dating feature over the past week that thrust u
  
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• I graduated from college debt-free by reselling thrift-store clothes. I've made nearly $50,000 this year.

  04-08-2026 19:45 via businessinsider.com
  
  Courtesy of Hannah ValentineHannah Valentine started flipping clothes in high school. It's now her full-time job.Her business helped her graduate from college with no student loan debt.She's made nearly $50,000 so far this year. She says her strategy has changed a lot over the years.This as-told-to essay is based on a conversation with Hannah Valentine, 25, cofounder of Drop Soda Market, a monthly vintage market. The conversation has been edited for length and clarity.I graduated from Lindenwood
  
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• The best AirPods of 2026

  04-08-2026 19:43 via businessinsider.com
  
  When you buy through our links, Business Insider may earn an affiliate commission. Learn moreWe tested all of Apple's headphones, including the AirPods Pro 3 (left) and the AirPods Max 2 (right).Tyler Hayes/Business InsiderAirPods deliver good sound quality, pair seamlessly with Apple devices, and have an iconic, sleek design. But choosing the right AirPods for your needs can be tricky, especially if you're not familiar with the newest models. That's where my team of audio reviewers comes in. We
  
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• Only 63 movies have ever hit $1 billion at the box office — here they all are

  04-08-2026 19:12 via businessinsider.com
  
  "Spider-Man: Brand New Day."Sony/Marvel63 movies released by US studios have grossed $1 billion or more at the box office.Using data from Box Office Mojo, we compiled a list of the highest-grossing movies worldwide."Spider-Man: Brand New Day" is the latest film to join the elite club.Don't let anyone tell you differently: Hollywood is powered by the box office.For over a century, the movie business has entertained people around the globe by creating powerful stories that astound us and make us w
  
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• My in-laws bought the house 2 doors down from us. Our kids love it, but setting boundaries has been tough.

  04-08-2026 18:48 via businessinsider.com
  
  Living so close to my in-laws has been pretty great, but it's not always easy.Sydney AllenMy in-laws moved next door to us five years ago, and they've been incredibly helpful to our family.As nice as it is to have their grandparents steps away, my kids have had to learn boundaries.My husband and I have struggled with establishing our own autonomy, but we're working on it.When my husband and I bought our house in 2019, the real-estate agent knew the house two doors down from us would eventually b
  
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• 12 things a seasoned interior designer would never have in her own home

  04-08-2026 18:33 via businessinsider.com
  
  This interior designer avoids open shelving in a kitchen and prioritizes soft lighting.Wirestock/Getty ImagesInterior designer Brooke Lang told Business Insider about things she'd never have in her home.The designer avoids overly distressed furniture pieces, harsh lighting, and laminate floors.She also said acrylic furniture and open kitchen shelving are too impractical.Home design can be tough when you don't have the knowledge and skills of a professional.So, for inspo, we asked Brooke Lang, th
  
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• The 'dean of valuation' says pain is headed for more AI companies in the coming months

  04-08-2026 18:14 via businessinsider.com
  
  Jerod Harris/Getty Images for Vox MediaAswath Damodaran, the "Dean of Valuation," sees pain coming for some AI stocks.The corporate finance expert said he believed the market had already passed "peak AI."He sees a correction unfolding in the next few months, which could hit smaller firms in the space the hardest.The "Dean of Valuation" has another warning for AI investors.Aswath Damodaran, a New York University professor who specializes in corporate finance, sees a troubling path ahead for one g
  
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• I'm a personal trainer who shops at Trader Joe's. Here are 11 things I buy for easy meal prep.

  04-08-2026 18:02 via businessinsider.com
  
  As a personal trainer, I think chicken meatballs and Greek yogurt are two of the best things to buy at Trader Joe's for easy meal prep.Emily RoethleI'm a personal trainer who loves to meal prep using items from Trader Joe's.When I need protein, I reach for Trader Joe's tofu, chicken meatballs, and marinated chickpeas.The store's frozen brown rice is my go-to base for grain bowls.As a personal trainer, group fitness instructor, and yoga teacher who also works full-time at a nonprofit, my schedule
  
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• Paramount's David Ellison seeks to distance himself from partisan politics after courting Trump

  04-08-2026 17:28 via businessinsider.com
  
  Paramount Skydance CEO David Ellison attended President Donald Trump's State of the Union address.Anna Moneymaker/Getty ImagesParamount's David Ellison courted President Donald Trump while seeking approval for his WBD deal.Trump's Department of Justice approved the Paramount-WBD deal, but some states are suing to stop it.Ellison published an op-ed on Tuesday, distancing himself from partisan politics.Remember David Ellison's warm relationship with President Donald Trump?The Paramount Skydance CE
  
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• I spent 2 nights at an all-inclusive resort by myself and made 3 mistakes

  04-08-2026 17:26 via businessinsider.com
  
  The author traveled to Mohonk Mountain House, an all-inclusive resort in New Paltz, New York.Joey Hadden/Business InsiderMohonk Mountain House is a historic all-inclusive resort in New Paltz, New York.I booked a two-night stay there in July and made three mistakes.I regretted traveling solo and wished I'd brought my own snacks.Mohonk Mountain House looks more like a castle than an all-inclusive resort. Located in New Paltz, New York, this historic, Victorian-style getaway sits lakeside in the Sh
  
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• McDonald's is facing slowing sales. Its under $3 value menu shows why

  04-08-2026 17:23 via businessinsider.com
  
  McDonald's rolled out a menu of items under $3 in April and faced challenges almost immediately, CEO Chris Kempczinski said.Bloomberg/Getty ImagesMcDonald's US sales slowed down in the second quarter, the fast food chain said on Tuesday.Its latest value menu is one of the big reasons why, CEO Chris Kempczinski said.McDonald's rolled out its Under $3 menu while cutting back on digital offers, he said.McDonald's tried a new value menu. Customers aren't loving it.The fast-food giant's comparable US
  
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• Citadel Securities says 4 things show July's market turmoil was a healthy reset for the bull rally

  04-08-2026 17:23 via businessinsider.com
  
  TIMOTHY A. CLARY / AFP via Getty ImagesScott Rubner of Citadel Securities says market turmoil in July was a healthy reset for stocks. He says four things show the market in a different position as August kicks off. Leverage has moderated, while retail investors' behavior has shifted, Rubner says. The summer has been volatile for stocks, but turmoil in July didn't derail the bull market. It reset it. That's according to Scott Rubner of Citadel Securities, who said that market conditions as August
  
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• Apparel retailers are turning to AI as supply chain regulations tighten in the US and Europe

  04-08-2026 17:03 via businessinsider.com
  
  Getty Images; BIAI is helping brands like ASOS, H&M, and Gap spot supply chain risks early.Retailers use AI for transparency into human rights and environmental risks in apparel supply chains.New laws require accurate compliance documentation; AI reduces manual work to save significant time.As the US and Europe tighten their supply chain regulations, apparel retailers face an urgent task: map and trace the many layers of their supply chains to gain full visibility into what's happening &mdas
  
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• You can't escape ads for the new Spider-Man movie — even in your BMW

  04-08-2026 16:30 via businessinsider.com
  
  The partnership put BMW vehicles in the film and a Spider-Man ad on customers' dashboards.BMWBMW is beaming promotional materials for the new "Spider-Man" movie directly into its cars.Until August 10, newer BMW cars will show a banner ad for the film, along with a special light show.The ad is part of a tie-up between the German automaker and Marvel, which sees BMWs feature in the film.With great power comes great responsibility, and BMW is using that power to beam "Spider-Man" ads into its cars.
  
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• I relocated from New York to Atlanta. Here are 5 things I'm glad I did to make the move easier, and 5 things I regret.

  04-08-2026 16:12 via businessinsider.com
  
  Business Insider reporter Samantha Pettyjohn relocated from New York to Atlanta.Samantha Pettyjohn/Business InsiderI relocated from New York City to Atlanta with my husband and dog in June 2026.I'm glad we started prepping early and broke up our drive down south.I had some regrets about our movers and how much we spent on supplies, though.My husband, my dog, and I arrived in Atlanta on a humid June day.We had spent two days in the car, weeks packing up our life, and months emotionally preparing
  
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• I cook for the Kardashians' kids and other famous families. Here are 5 tips for getting children to try new, healthy foods.

  04-08-2026 16:11 via businessinsider.com
  
  Chef K started working for the Kardashians in 2015.Claudio RoblesChef K is a celebrity private chef and entrepreneur with a social media following.She says there is intimacy and heart in the kitchen, and parents can share this with their kids.One way to help incorporate new foods is by making them look and feel familiar to children.This as-told-to essay is based on a conversation with Khristianne Uy, known as Chef K. She is a celebrity private chef, entrepreneur, and content creator based in Los
  
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• Postpartum psychosis made me think I was a prophet. I couldn't bring myself back.

  04-08-2026 16:00 via businessinsider.com
  
  Ayana Lage gave birth to her daughter in 2020 and shortly after spent 17 days hospitalized for postpartum psychosis.Courtesy of Ayana LageAyana Lage developed delusions and hallucinations after her daughter was born six years ago.She believed she was a prophet and the only one who could care for her baby.She worked closely with her medical team before deciding to have another child.This as-told-to essay is based on a conversation with Ayana Lage, author of "Missing Me: A Memoir of Postpartum Psy
  
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• Traveling to the Caribbean? See what the US State Department wants Americans to know about each destination

  04-08-2026 15:56 via businessinsider.com
  
  The Caribbean offers hundreds of tourist destinations across its many islands and coasts.Douglas Olivares/ShutterstockThe US State Department rates destinations by safety and security risks.Advisories warn travelers about crime, unrest, health risks, and natural disasters.Haiti and parts of Venezuela and Colombia remain "Do Not Travel" amid security concerns.From rising airfare costs to worldwide tensions, travel for Americans is strained this summer.On July 22, the US State Department issued a
  
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• My family usually books budget-friendly accommodations, but we spent $500 a night on an English estate. It was worth every penny.

  04-08-2026 15:35 via businessinsider.com
  
  The author said staying in this manor house in the English countryside gave her family a chance to rest and enjoy something completely different.Courtesy of Sarah Garone.Our family always tries to book budget-friendly stays when we travel.For a change, we splurged on a $500-a-night English manor house for a family trip.The accommodations exceeded our expectations and gave our family some very special memories.From the time our three kids were little, our family has always prioritized low-cost tr
  
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• The oldest college in every state

  04-08-2026 15:12 via businessinsider.com
  
  Harvard University is the oldest college in the entire country — it dates back to 1636.Bloomberg/Getty ImagesThe oldest colleges in each US state are among the most prestigious academic institutions.The oldest college in the United States is Harvard University, founded in 1636.Meanwhile, the most recent state to get a college for the first time is Alaska.Some of the United States' colleges are older than America itself — the oldest, Harvard University, was founded in 1636.Meanwhile,
  
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• I’m in my 60s, taking care of my 84-year-old mom, who lives with me. Caregiving is the hardest job I've ever had.

  04-08-2026 15:08 via businessinsider.com
  
  Carla Romagnano and her mom.Carla RomagnanoCarla Romagnano's mom moved to Idaho so that Romagnano could take care of her.Romagnano said it feels like she has two full-time jobs — her bookkeeping job and caregiving.She makes sure her mom gets out of the house, such as having a weekly meal at a restaurant.This as-told-to essay is based on a conversation with Carla Romagnano, who is in her 60s and lives in Idaho with her 84-year-old mom. The following has been edited for length and clarity.In
  
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• After years of building a career in a big city, I moved to a small town. It was the best move for me as a business owner.

  04-08-2026 15:01 via businessinsider.com
  
  Moving to a small town in Wales was surprisingly great for me as a business owner.Meredith WhitelyAfter spending most of my working life in or near London, I moved to a town of about 3,000 in Wales.I wasn't sure how this move would impact me as a small-business owner, but I saw immediate benefits.I've built a supportive community here and been able to prioritize work-life balance.For most of my working life, I lived in or near London, where I was surrounded by bustling, big-city energy. Lots of
  
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• I left my job at J.Crew after having my first baby. It was the best career move I ever made.

  04-08-2026 14:58 via businessinsider.com
  
  Seri Kertzner left her corporate job to become a party planner.Courtesy of Seri KertznerSeri Kertzner left J.Crew after her first son was born.She founded Little Miss Party and later expanded to three brands.She says entrepreneurship gave her more flexibility to prioritize her children.This as-told-to essay is based on a conversation with Seri Kertzner, 47, who lives in Florida. She spent a decade working in the corporate fashion industry in New York before founding a trio of event-planning bran
  
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