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Instacart to Pay $60 Million in FTC Consumer Protection Case
Insurance Journal· 2025-12-23 06:57
Grocery delivery firm Instacart will pay $60 million to refund consumers who were deceived into enrolling in the company’s subscription service, Instacart+, the US Federal Trade Commission said.The consumer protection agency said the company that operates Instacart, Maplebear Inc., misled consumers by saying their first order was “free” despite charging a mandatory grocery delivery fee, according to a complaint and settlement filed in California federal court Thursday. Instacart also failed to clearly discl ...
Got $100,000? Buy This Unstoppable Growth Stock Before Its Market Cap Hits $3 Trillion.
The Motley Fool· 2025-12-23 06:40
Amazon shareholders will enjoy exposure to some powerful secular trends shaping our economy.Businesses that can increase their revenues and earnings at high rates over long stretches of time make for wonderful investments. You might think that these opportunities only come from smaller and earlier-stage companies. That's not true: At least one magnificent tech enterprise looks like it fits that description.If you're ready to invest $100,000, it could be a good idea to buy this unstoppable growth stock now, ...
X @Nick Szabo
Nick Szabo· 2025-12-23 06:29
RT Wall Street Apes (@WallStreetApes)No longer a ‘conspiracy theory’Online retailers are accessing your data and then adjusting prices for items based on that dataAirlines are being caught adjusting prices based on data too“This holiday season, you and your neighbor could be shopping for the exact same item and pay different prices — surveillance pricing is and how your personal data plays a role.You may be shopping for gifts from the comfort of your couch, but stores can still see who you are.Most of these ...
X @BBC News (World)
BBC News (World)· 2025-12-23 02:53
Amazon says over 1,800 North Koreans blocked from applying for jobs https://t.co/JU4MlQqPmO ...
Prediction: 2 Artificial Intelligence Stocks That Will Be Worth More Than Nvidia by the End of 2026
Yahoo Finance· 2025-12-22 23:25
Key Points Nvidia stock is at risk in 2026 if revenue growth slows down. Alphabet is gaining market share back in artificial intelligence (AI) and should keep growing its earnings next year. Amazon has a chance to grow its operating leverage if it can stay disciplined with its cost base. 10 stocks we like better than Amazon › Is 2026 the year Nvidia finally underperforms versus the broad market? I think it might be. The leader in artificial intelligence (AI) computer chips is unlikely to give u ...
Saks Mulls Bankruptcy Year After Raising Billions for Turnaround
MINT· 2025-12-22 22:55
(Bloomberg) -- Saks Global Enterprises, facing limited options ahead of a more than $100 million debt payment due at the end of this month, is considering Chapter 11 bankruptcy as a last resort, according to people with knowledge of the situation.The company is also weighing additional ways to shore up liquidity, including raising emergency financing or selling assets, the people said, asking not to be identified because they’re not authorized to speak publicly. Separately, some Saks lenders have held confi ...
Boys Town Named Winner of 2025 Amazon Web Services Imagine Grant for Nonprofits
Globenewswire· 2025-12-22 22:14
Core Insights - Boys Town has been awarded the 2025 Amazon Web Services (AWS) Imagine Grant to enhance hearing aid fitting for infants and children with hearing difficulties [1][2] - The grant includes up to $150,000 in unrestricted funding and up to $100,000 in AWS Credits, along with technical support from AWS specialists [2] - The project utilizes machine learning to predict ear canal growth, allowing for better fitting of hearing aids as children develop [1][3] Funding and Support - Boys Town is recognized in the Go Further, Faster category for innovative projects using advanced cloud services [2] - The selection criteria for the grant included the project's innovative nature, impact on mission-critical goals, and clearly defined outcomes [2] - Since the launch of the Imagine Grant program in 2018, AWS has awarded over $21 million to more than 180 nonprofit organizations [4] Technological Innovation - Boys Town is leveraging machine learning and generative AI to create custom hearing aid earmolds without the need for uncomfortable ear impressions [3][4] - This innovation aims to reduce the frequency of clinic visits while ensuring precise fitting of hearing aids for children [3][4] - The organization has a history of leading pediatric hearing research, contributing to global newborn hearing screening and early intervention protocols [4] Organizational Impact - In 2024, Boys Town impacted over 3.5 million children and families across the United States through its various programs [7] - The organization focuses on providing research-proven education, prevention, training, and treatment for behavioral and physical issues [7] - AWS supports nonprofits in overcoming technology adoption barriers, enhancing their operational capabilities [6]
Bank of America’s Moynihan Says AI’s Economic Benefit Is ‘Kicking In More’
MINT· 2025-12-22 19:40
Group 1: Economic Outlook - Bank of America predicts a strong US economy for next year, with expected growth of 2.4%, an increase from about 2% in 2025 [1] - The labor market is showing signs of normalization, despite starting to soften [1] Group 2: Impact of Artificial Intelligence - Artificial intelligence is increasingly impacting the US economy, with significant contributions expected in the coming years [1] - AI companies, including OpenAI, have attracted billions in funding, indicating strong investor interest in the industry [2] - Executives like Jeff Bezos have cautioned that AI spending may represent an "industrial bubble," but ultimately believe it will benefit society [2] Group 3: Risk Assessment - Bank of America sees limited risk to the economy from an overheated AI industry, as it consists of a narrow group of companies [3] - The bank evaluates leverage on AI projects to ensure comfort with the associated risks [3] Group 4: AI Utilization by Bank of America - Bank of America has been utilizing AI through its agent bot, Erica, which has expanded its capabilities from answering 200 to 700 questions since its launch in 2018 [4] - The bank plans to apply more automated and augmented intelligence across its businesses to enhance effectiveness [4]
AFRM vs. AXP: Which Fintech Play is the Better Bet for 2026?
ZACKS· 2025-12-22 17:56
Key Takeaways AFRM posted 33.6% revenue growth, rising active users and 96% repeat transactions in fiscal Q1 2026.Affirm's real-time underwriting and expanding partners are improving operating leverage.AXP's revenues increased 11%, but its mature model limits upside versus faster-scaling fintech platforms.Affirm Holdings, Inc. (AFRM) and American Express Company (AXP) operate in different corners of the payments ecosystem, but both sit squarely at the intersection of consumer spending and credit. As payment ...
Wall Street Analysts Think Amazon (AMZN) Could Surge 30.11%: Read This Before Placing a Bet
ZACKS· 2025-12-22 15:56
Core Viewpoint - Amazon (AMZN) shares have increased by 3% over the past four weeks, closing at $227.35, with a mean price target of $295.8 indicating a potential upside of 30.1% according to Wall Street analysts [1]. Price Targets - The average of 54 short-term price targets ranges from a low of $230.00 to a high of $360.00, with a standard deviation of $24.81, suggesting variability in analyst estimates [2]. - The lowest estimate indicates a 1.2% increase from the current price, while the highest estimate suggests a 58.4% upside [2]. Analyst Consensus and Earnings Estimates - Analysts show strong agreement in revising earnings estimates higher, which is a positive indicator for potential stock upside [4][11]. - The Zacks Consensus Estimate for the current year has remained stable, with no negative revisions and one estimate moving higher [12]. - AMZN holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13]. Caution on Price Targets - Solely relying on consensus price targets for investment decisions may not be wise, as analysts' ability to set unbiased targets has been questioned [3][10]. - Price targets can often be inflated due to business incentives of firms associated with the stocks [8]. - A low standard deviation in price targets indicates a high degree of agreement among analysts, which can be a starting point for further research [9].