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Walmart's CEO: The majority of spending in Q4 came from shoppers making over $100,000.
Yahoo Finance· 2026-02-19 19:37
Again, this quarter, the majority of our share gains came from households making more than $100,000. For households earning below $50,000, we continue to see that wallets are stretched and in some cases, people are managing spending paycheck to paycheck. ...
Yes, cold emailing and DMing still gets the job done, according to @PhoebeGates.
Yahoo Finance· 2026-02-19 19:30
I probably message about 40 people a day on LinkedIn. >> You're reaching out on people on LinkedIn. >> I've cold DM'd so many people cold LinkedIn outreach by cold emailing.>> Wow, the hustle is real. >> I want to build this frankly for the next 30 plus years of my life. So my dream when I think about an exit is, you know, either continuing to, you know, have the company continue to be successful for a long time or or taking it. ...
Amazon tops Walmart in annual revenue for the first time
Yahoo Finance· 2026-02-19 18:30
Amazon's market cap surpassed that of Walmart's a long time ago, but only now um have Amazon's sales overall surpassed that of Walmart. Julie, and this is what's been so interesting is really over the past few years, we've moved away from comparing Walmart to Target and we've moved toward comparing Walmart to Amazon. And this is just another example.So many on both Main Street and Wall Street discussing this crossover this morning with Amazon surpassing $717 billion in sales in 2025, whereas Walmart posted ...
Why online shopping is stuck in the 90’s (feat. Phoebe Gates)
Yahoo Finance· 2026-02-19 17:45
The reality is online shopping just hasn't adapted in 30 years. I'm sorry, but we probably have different tastes. I mean, just on the basis of >> Well, I mean, do tell like maybe we do.Like I I >> liking the sweater you wore. I I don't know if someone picked it out, but like >> Thank you, Fates. Thank you. Thank you.>> All right. Welcome to a new episode of Opening Bid Unfiltered. I'm Yiance executive editor Brian Sazi.Special guest here, someone who I've actually never met in person, but in some bizarre wa ...
One of @PhoebeGates original ideas, before startup Phia, was smart tampons.
Yahoo Finance· 2026-02-19 17:30
It doesn't just happen overnight, right. It's not like I woke up one day and was like, "Oh, let's go raise $43 million." It started with, you know, 14 different ideas that were absolute failures that me and Sophia tried. There are a lot of really interesting things we looked into.One of our original ideas was literally a smart tampon. Electric cruise ships are really exciting. For a lot of those ideas, it was like, "Okay, yes, this can be a viable business, and yes, maybe society definitely does need electr ...
OpenAI’s CEO Sam Altman and Anthropic’s CEO Dario Amodei avoid holding hands at India AI Summit.
Yahoo Finance· 2026-02-19 15:35
OpenAI’s CEO Sam Altman and Anthropic’s CEO Dario Amodei avoid holding hands for a group photo at the India AI Summit in New Delhi. India Prime Minister Modi pitched India as a central player in the artificial intelligence ecosystem on Thursday, saying, “Design and develop in India. Deliver to the world. Deliver to humanity.” ...
Phoebe Gates asks everyone she interviews this unexpected question. 🤔
Yahoo Finance· 2026-02-19 14:47
I stole this from another founder, but asking people how much do you think California State spends on healthare and do a bottoms up approach for how you would build that out. >> I don't know that answer off the top of my head. I feel >> I don't either, but like you ask them and I'll ask that for every single role. I'll ask that for sales. I'll ask that for marketing.I'll ask that for engineering because it shows you how like a random question like that, how someone goes through like a logical approach to so ...
Why record numbers of Americans are considering dual citizenship
Yahoo Finance· 2026-02-19 12:01
Generally speaking, ancestrybased citizenship is the best, least expensive, maybe not quickest, but least expensive and most permanent option uh to have uh to expand your mobility portfolio. And you know, then you have the ability to live in over uh 25 countries. [music] There are a couple of big migrations happening.More Americans are moving overseas and more investors are moving their money to international markets. >> Yes. And we're personally following in those footsteps.Are you. >> Welcome to living no ...
@PhoebeGates is addicted to vintage blazers, Uggs, and channeling her energy into her product Phia.
Yahoo Finance· 2026-02-19 00:31
What is one fashion trend that you're loving right now. >> I'm really into UGGs. They're huge on FIA right now, especially with the weather outside here in New York.And I'm big on that trend. What's one fashion staple you can't live without right now. >> I think it's pretty obvious, but blazers, especially a good vintage blazer, I'm addicted to.>> Yes, we love a blazer moment. What's your best advice for somebody in their 20s trying to start a brand. I honestly would steal what Whitney Wilford says.Your ene ...
Why U.S. stocks are off to the worst start since 1995*
Yahoo Finance· 2026-02-18 21:42
US stocks are seeing their worst start to the year since 1995. That's versus global markets. >> It's not just that the US is down slightly, is that the rest of the world is up sharply.>> For the rest of the world to continue to outperform the US, they were going to have to have some fundamental follow-through. And frankly, that's not what we're getting quite yet. US stocks are seeing their worst start to the year since 1995.That's versus global markets. And it's according to data from Goldman Sachs. We got ...