[Music] There's good news tonight. You know, so often the good news doesn't get as much attention as the bad. So, every Saturday we highlight the many people who spread joy and love.And these are just some of those stories this week. [Music] >> Talk about a special delivery. >> Thank you. >> Thank you, Jim.>> Oh, gosh. >> Can I give you a hug. >> That's Jim, a UPS driver who delivers more than just mail.The Wington family in Victoria, Minnesota, going all out to celebrate his final route after 32 years on t ...

Core Viewpoint - MakeMyTrip reported quarterly earnings of $0.42 per share, missing the Zacks Consensus Estimate of $0.45 per share, but showing an increase from $0.39 per share a year ago, indicating a -6.67% earnings surprise [1][2] Financial Performance - The company posted revenues of $268.85 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 2.99%, compared to $254.52 million in the same quarter last year [2] - Over the last four quarters, MakeMyTrip has surpassed consensus EPS estimates two times and topped consensus revenue estimates just once [2] Stock Performance - MakeMyTrip shares have declined approximately 13% since the beginning of the year, contrasting with the S&P 500's gain of 7.2% [3] - The current consensus EPS estimate for the upcoming quarter is $0.43 on revenues of $256.02 million, and for the current fiscal year, it is $1.97 on revenues of $1.16 billion [7] Industry Outlook - The Internet - Delivery Services industry, to which MakeMyTrip belongs, is currently ranked in the top 11% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8]

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MakeMyTrip (MMYT) ended the recent trading session at $93.01, demonstrating a +2.25% change from the preceding day's closing price. The stock exceeded the S&P 500, which registered a loss of 0.4% for the day. On the other hand, the Dow registered a loss of 0.98%, and the technology-centric Nasdaq increased by 0.18%. Shares of the online travel company witnessed a loss of 9.83% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 6.34%, and the S&P 500's ga ...

Core Viewpoint - The article discusses the challenges and transformations in the job market, particularly focusing on the rise of live-streaming job recruitment methods amidst a record number of graduates entering the workforce in 2025, with 12.22 million graduates expected [3][4]. Group 1: Job Market Dynamics - The job market is facing a significant imbalance with a high number of job seekers and limited opportunities, leading to a phenomenon termed "slow employment" [3]. - Live-streaming recruitment has emerged as a new method for job seekers to find opportunities, leveraging the popularity of short video platforms [4][12]. Group 2: Risks in Live-Streaming Recruitment - There are concerns regarding misleading job postings and hidden fees associated with job offers, which can be likened to "cyber pie-in-the-sky" schemes [5][10]. - Job seekers have reported experiences of being asked to pay upfront fees for job placements, raising red flags about the legitimacy of such offers [9]. Group 3: Industry Adaptation - The live-streaming job recruitment industry is rapidly evolving, with many companies integrating it into their talent acquisition strategies. The Ministry of Human Resources and Social Security plans to include "live-streaming recruitment specialists" in the national occupational classification [12]. - Major platforms like Kuaishou and Douyin are becoming central to live-streaming recruitment, with significant user engagement and participation [14]. Group 4: Future Outlook - The live-streaming job market is projected to expand further, with an expected annual compound growth rate of 15% over the next decade, indicating a shift towards more streamlined and efficient recruitment processes [14][15]. - The industry is moving from a phase of rapid growth to one of regulatory compliance, emphasizing the need for better risk management practices [15].

Group 1 - MakeMyTrip's stock decreased by 1.27% to $93.36, underperforming the S&P 500's gain of 0.61% and the Nasdaq's increase of 0.95% [1] - Over the past month, MakeMyTrip shares have declined by 4.26%, while the Computer and Technology sector gained 5.6% and the S&P 500 increased by 3.85% [1] Group 2 - The upcoming earnings report for MakeMyTrip is anticipated, with projected earnings per share (EPS) of $0.45, reflecting a 15.38% increase year-over-year [2] - Revenue is expected to reach $277.12 million, indicating an 8.88% growth compared to the same quarter last year [2] Group 3 - For the entire fiscal year, earnings are projected at $1.98 per share and revenue at $1.16 billion, representing increases of 26.92% and 18.78% respectively from the previous year [3] - Recent analyst estimate revisions are seen as positive indicators for MakeMyTrip's business outlook [3] Group 4 - The Zacks Rank system, which evaluates estimate changes, indicates that MakeMyTrip currently holds a Zacks Rank of 5 (Strong Sell) [5] - The Zacks Rank has a historical track record of outperforming, with stocks rated 1 yielding an average annual return of +25% since 1988 [5] Group 5 - MakeMyTrip is trading at a Forward P/E ratio of 47.88, significantly higher than the industry average Forward P/E of 15.37 [6] - The Internet - Delivery Services industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 90, placing it in the top 37% of over 250 industries [6] Group 6 - The Zacks Industry Rank measures the strength of industry groups based on the average Zacks Rank of individual stocks, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [7]

Core Insights - The job market is facing a significant challenge as the number of college graduates is expected to reach a historical peak of 12.22 million in 2025, leading to a highly competitive environment for job seekers [2][4] - The rise of live-streaming job recruitment has transformed the employment landscape, providing a new avenue for job seekers to connect with potential employers [4][14] - However, this new recruitment method is fraught with risks, including misleading job offers and upfront fees, which can lead to exploitation of job seekers [5][10] Group 1: Job Market Dynamics - The convergence of graduation and job-seeking seasons has created a "surplus of job seekers" situation, making it difficult for many to secure employment [2][3] - Live-streaming platforms are increasingly being used for job recruitment, with many job offers being advertised as high-paying and accessible to a wide range of applicants [4][6] - The job market is characterized by a mismatch between the high number of applicants and the availability of quality job opportunities, leading to increased anxiety among job seekers [2][9] Group 2: Live-Streaming Recruitment - Live-streaming job recruitment has gained popularity, with platforms like Kuaishou and Douyin becoming central to this trend, attracting millions of job seekers [18][19] - Companies are leveraging live-streaming to showcase job environments and engage with potential candidates in real-time, enhancing the recruitment process [13][21] - Despite its advantages, the live-streaming recruitment model has raised concerns about the authenticity of job offers and the potential for scams, as seen in the experiences of job seekers who faced unexpected fees and misleading job descriptions [7][10][12] Group 3: Industry Trends and Future Outlook - The online recruitment market is projected to reach a scale of hundreds of billions, with an expected annual growth rate of 15% over the next decade [24] - The integration of technology, such as AI and VR, is expected to further enhance the live-streaming recruitment experience, although it also presents new challenges [13][19] - The industry is moving towards a more structured and regulated approach, with the inclusion of new job roles like "live-stream recruitment specialists" in national occupational classifications [14][25]

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Industry Trend & Legislation - Gig economy companies like DoorDash, Uber, and Lyft are exploring providing benefits for gig workers [1] - Senator Bill Cassidy introduced a bill to allow companies to offer portable benefits to independent contractors without making them full-time employees [2] - Senators Tim Scott and Rand Paul are also introducing legislation to update labor laws for gig workers and provide health and retirement benefits [4] - Several states are moving bills to allow for portable benefits, including Wisconsin, which passed a bill into law last month [5] Company Initiatives & Perspectives - DoorDash and Lyft have launched pilot programs in various states to offer portable benefits, contributing a fraction of a worker's earnings into a savings account [1] - DoorDash believes federal labor policy needs updating to account for gig workers [2] - DoorDash states current employment law penalizes companies wanting to provide employee-like benefits to independent contractors, risking contractor status [3] Portable Benefits Usage & Impact - A DoorDash pilot program in Pennsylvania found that approximately 33% of Dashers used portable benefits to take time off [3] - Approximately 20% of Dashers in the Pennsylvania pilot program used the funds for emergencies [4] - Dashers who participated in the DoorDash Pennsylvania pilot program earned roughly $400 in portable benefits over a year [4]