Workflow
Business Insider
icon
Search documents
PepsiCo's CEO says fiber will be the next protein
Business Insider· 2025-10-09 15:35
Core Insights - The focus on fiber is increasing in the packaged food and beverage industry, with PepsiCo's CEO indicating that fiber will become as significant as protein in consumer diets [1][2] - PepsiCo is launching new products with added fiber, including a reformulated Propel beverage and a prebiotic cola, aiming to boost sales growth amid recent lackluster performance [2][7] Company Initiatives - PepsiCo is developing a fiber-rich Starbucks Coffee + Protein line and enhancing fiber content in its Quaker, Sun Chips, PopCorners, and Smartfood brands [2] - The introduction of fiber in products is part of a strategy to address consumer dietary deficiencies and improve overall health [1][8] Market Trends - The rise of weight loss medications like Ozempic and Wegovy is driving the demand for fiber, as these treatments can lead to gastrointestinal side effects that fiber can alleviate [7] - There is a growing awareness among consumers about the importance of dietary fiber, which is linked to better digestion and a lower risk of colon cancer [8][9]
As gold hits $4,000, precious metals are top sellers at Costco — and a cheat code for boosting its e-commerce business
Business Insider· 2025-10-08 15:24
As gold prices hit record highs, demand for the precious metal is running hot at Costco. The price of the yellow metal topped $4,000 an ounce for the first time on Tuesday, and is driving strong sales for the wholesale club.While the company didn't break out exact sales figures for the products in its fiscal year earnings call in September, it said the category continued to be a top seller online. Analysts previously estimated that the company sells around $200 million of gold and silver each month. Forme ...
AST SpaceMobile Stock Rallies After Major Deal With Verizon
Business Insider· 2025-10-08 13:57
The move: AST SpaceMobile stock surged as much as 19% on Wednesday, extending a week of strong upward momentum. The satellite design and manufacturing company is up more than 300% in 2025. Why: On Wednesday, AST SpaceMobile announced an agreement with Verizon to provide cell service to consumers from space. Starting next year, the company will provide Verizon customers with a direct-to-cellular connection via satellite. According to AST SpaceMobile, its network features the largest commercial communicatio ...
Tesla went back to basics with its latest big announcement
Business Insider· 2025-10-08 13:01
Core Insights - Tesla has introduced more affordable versions of its popular electric vehicles (EVs), the Model 3 and Model Y, amid a slowdown in the EV market and the end of the EV tax credit [3][4][8] - The price reductions for the Model Y Standard and Model 3 Standard are $39,990 and $36,990 respectively, representing decreases of 11.1% and 12.9% compared to their premium versions [4][5] - The new models will have fewer features compared to their premium counterparts, including the removal of the Autosteer feature and AM/FM radio [5][6] - The market reaction to the announcement was negative, with Tesla's stock dropping nearly 4.5% on the day of the launch, indicating disappointment among analysts and investors [8][10] Pricing and Features - Model Y Standard is priced at $39,990, while Model Y Premium is at $44,990, with a price difference of $5,000 [4] - Model 3 Standard is priced at $36,990, and Model 3 Premium is at $42,490, with a price difference of $5,500 [4] - The price cuts do not fully compensate for the previous $7,500 tax credit that EV buyers received until the end of September [4] Market Context - The introduction of these budget-friendly models comes as the EV industry faces a general slowdown and the expiration of tax incentives [3][8] - The expectation for a more significant announcement was not met, as the launch was perceived as lacking excitement, with only a brief video shared on social media [9][10]
The Best Prime Day Tech Deals: Headphones, Laptops, Tablets, and More
Business Insider· 2025-10-08 11:00
Core Insights - Amazon's October Big Deal Days event features significant discounts on tech products, particularly from brands like Apple, Samsung, LG, and HP [1][2] Tech Deals - The best Prime Day tech deals include a 24% discount on the iPad Mini with A17 Pro chip, marking the lowest price seen for this model [2] - Samsung's 65-inch Frame QLED 4K TV is available at a 14% discount, representing a substantial price drop [2] - Apple AirPods Pro (2nd Gen) with USB-C are discounted by 32%, now priced at $169.99, showcasing improved features over previous models [6] - Sony WH-1000XM5 headphones are offered at a 25% discount, now priced at $298, known for their excellent noise-canceling capabilities [14] - The Beats Studio Pro headphones are available at a 51% discount, priced at $169.95, highlighting their versatility for various audio needs [16] TV Deals - Samsung's 65-inch S90D OLED 4K TV is discounted by 24%, now priced at $1,297.99, praised for its high-contrast image quality [23] - LG's 65-inch G5 OLED 4K TV is available at a 27% discount, now priced at $2,476.99, recognized for its brightness and design [30] - Sony's 65-inch A95L OLED 4K TV is discounted by 43%, now priced at $1,998, maintaining its status as a high-end option [34] Tablet Deals - The new Apple iPad Air M3 (11-inch) is discounted by 25%, now priced at $449, featuring an upgraded processor [38] - The Apple iPad Mini (A17 Pro) is available at a 24% discount, now priced at $379, compatible with Apple Pencil Pro [46] Laptop Deals - The 2025 MacBook Air is discounted by 20%, now priced at $799, featuring the powerful M4 chip [49] - The Apple MacBook Pro 14-inch M4 (2024) is available at a 13% discount, now priced at $1,399, offering significant performance improvements [59] Monitor Deals - Alienware's 27-inch AW2725DF OLED Monitor is discounted by 37%, now priced at $570.99, ideal for high-end gaming [61] - Samsung's 34-inch curved ultrawide QHD monitor is available at a 50% discount, now priced at $399.99, suitable for premium office use [68] Speaker Deals - Bose TV Speaker is discounted by 18%, now priced at $229, designed for casual TV viewing [70] - Anker Soundcore Bluetooth speaker is available at a 38% discount, now priced at $27.99, ideal for portable listening [74]
This Midwestern gas chain just cut in front of Wawa, Sheetz, and Buc-ee's as the best convenience store in the US
Business Insider· 2025-10-08 10:01
Core Insights - Kwik Trip has emerged as the leader in the convenience store sector, topping the American Customer Satisfaction Index (ACSI) rankings with a score of 84, a six-point improvement from the previous year [1][2] - The competition includes Sheetz and Wawa, both tied at 82, followed by QuikTrip at 80 and Buc-ee's at 79 [2] Customer Preferences - Survey respondents prioritize mobile apps, store hours, staff helpfulness, and food and beverage quality when evaluating convenience stores [3] - The trend indicates a shift in convenience stores from basic pit stops to establishments focusing on enhanced food offerings, service quality, and customer rewards [3] Loyalty Programs - Nearly two-thirds of rewards program members visit their preferred convenience store at least once a week, compared to less than half of non-members [8] - The emphasis on loyalty rewards is seen as a significant driver for brands that successfully implement these programs [8] Industry Evolution - Convenience stores are increasingly viewed as dining destinations rather than mere stops for fuel or snacks, reflecting a significant change in consumer perception over the past two decades [9]
New Real Estate Scam: Lease Fraud Drives up Rents, Worsens Home Search
Business Insider· 2025-10-08 08:49
Core Insights - The article highlights a significant rise in leasing application fraud, with scammers using various tactics to secure rental properties, impacting both landlords and honest renters [3][4][6]. Group 1: Nature of the Fraud - Leasing fraud can be categorized into "first-party fraud," where applicants use their real identity but provide fake financial documents, and "third-party fraud," involving stolen identities or fabricated personas [5]. - The pandemic and advancements in technology, particularly AI, have facilitated the increase in sophisticated fraud attempts, making it easier for scammers to create convincing fake documents [6][12]. Group 2: Impact on Landlords - A survey by the National Multifamily Housing Council found that 70% of apartment operators reported an increase in fraudulent applications over the past year, with nearly 24% of evictions linked to fraud [6][14]. - Property management companies like Greystar have flagged up to 50% of applications in certain areas as fraudulent, indicating a widespread issue [7][12]. Group 3: Consequences for Renters - The rise in fraud has led to stricter screening processes, making it more difficult for honest renters to secure housing, potentially resulting in higher application fees and rent hikes [4][15][18]. - The eviction process related to fraudulent applications can take months, further limiting available rental units for legitimate tenants [6][15]. Group 4: Industry Response - Companies specializing in identity and income verification, such as Snappt, have seen increased demand for their services as landlords seek to combat fraud [13][24]. - The article suggests that while landlords face challenges from fraud, the focus on this issue may distract from the broader affordability crisis in housing [16][25].
Jamie Dimon says JPMorgan's $2 billion AI investment is already paying off
Business Insider· 2025-10-08 07:45
JPMorgan CEO Jamie Dimon said the bank's multibillion-dollar push into AI is already delivering results — and could just be the beginning. Dimon said in an interview with Bloomberg TV on Tuesday that the bank spends about $2 billion a year on AI and is seeing about the same amount in direct benefits."We have shown that for $2 billion of expense, we have about $2 billion of benefit," Dimon said. "We did this, we reduced headcount, we saved this time and money." "We know about $2 billion of actual cost save ...
Analysts and business leaders react to the new, more affordable Tesla models
Business Insider· 2025-10-07 23:55
Core Viewpoint - Tesla has introduced its two most affordable electric vehicle models, the Model 3 Standard priced at $36,990 and the Model Y Standard at $39,990, which are approximately $5,000 cheaper than previous models but come with fewer features [1][2]. Group 1: Analyst Reactions - Analysts from Wedbush expressed disappointment with the pricing of the new models, stating that while the lower cost was anticipated, the price point remains relatively high compared to other vehicles in the market [6]. - Dan Ives noted that the new models could help boost demand, especially with the expiration of the EV tax credit, but he was still "relatively disappointed" with the launch [6]. - Ross Gerber highlighted that the introduction of more affordable models may alter consumer perception of the Tesla brand, making it more comparable to Toyota rather than a luxury brand like Mercedes [9][10]. Group 2: Market Implications - Morningstar analyst Seth Goldstein suggested that the new models could help offset the impact of the expiring EV tax credit, potentially increasing deliveries by making the vehicles accessible to a broader consumer base [15][16]. - Gene Munster praised the lower-priced models for enhancing Tesla's competitive position against cheaper competitors, emphasizing that Tesla's software advantage remains a key differentiator in the EV market [20].
100+ Amazon Prime Day deals from the likes of Apple, Dyson, Samsung in tech, home, kitchen, and style
Business Insider· 2025-10-07 21:00
Core Insights - The article highlights significant discounts during Amazon's Prime Big Deal Days event, particularly in the tech category, with notable price reductions on various Apple devices, TVs, headphones, and more [1][3][5]. Tech Deals - Apple AirPods Pro (2nd Gen) with USB-C are priced at $169.99, down from $249, reflecting a 32% savings [5]. - The Apple Watch SE (2nd Gen) is available for $169, a 32% discount from its original price of $249 [8]. - The Apple Watch Ultra 2 is now $649, down from $799, saving 19% [10]. - Google Pixel Watch 3 is priced at $179, a 28% reduction from $249 [13]. - The MacBook Air (2025) is offered at $799, down from $999, saving 20% [19]. - The 11th-generation iPad is available for $279, a 20% discount from $349 [21]. - The Samsung Frame TV is priced at $1,197, down from $1,997.99, saving 40% [39]. - Sony WH-1000XM5 headphones are now $298, a 25% discount from $399.99 [47]. Home and Kitchen Deals - The Instant Pot Vortex Plus 6-in-1 (4-Quart) is available for $64.99, down from $129.99, saving 50% [72]. - The Keurig K-Express Coffee Maker is priced at $49.99, a 55% discount from $109.99 [75]. - The Dyson V8 Cordless Vacuum is now $299.99, down from $450.36, saving 33% [123]. Beauty and Style Deals - Crest 3D White Professional Effects Whitestrips are priced at $29.99, a 35% discount from $45.99 [148]. - The Dyson Supersonic Hair Dryer is available for $299.99, down from $419.99, saving 29% [153]. - The Champion Men's Pullover Hoodie is priced at $25.85, a 53% discount from $55 [180].