Author: MNK News
Brands went bonkers for AI this past year, as they increasingly adopted the growing number of tools available to facilitate mundane tasks throughout the creative process and create new kinds of work.While consumers still feel conflicted about brands use of the technology, some marketing departments have found savings by leaning on generative AI in particular. In May, Klarna said it reduced its sales and marketing costs by 12% annually, and that AI accounted for 37%, or $10 million, of its annual cost savings. Similarly, snack giant Mondelez said in June that it has invested $100 million in AI in a…
Getty ImagesHaliey Welch, known mostly as the star of the viral “Hawk Tuah” meme, is facing criticism after her newly launched cryptocurrency nosedived in value.Her “Hawk” digital coin hit a $490m market cap shortly after it launched on Wednesday, before suddenly losing more than 95% of its value within hours.This has led some, including YouTube cryptocurrency investigator Coffeezilla, to accuse Ms Welch of scamming investors with a “pump and dump” – where the people behind a coin hype up its price before launch, then sell it for profit.She has denied allegations that her team sold any of the tokens they…
After the chaos and all the good food of Thanksgiving, it can be challenging to maintain the same level of motivation and productivity. Especially when Christmas is around the corner. But, there are ways to keep the momentum going and start December off right! 1. Set Realistic Goals One way to maintain momentum after Thanksgiving is to set realistic and achievable goals. Instead of overwhelming yourself with a long list of resolutions, focus on a few key objectives that you can work towards each day. Whether it’s moving your body every day, focusing only on nutrition, or dedicating time to a passion…
Full Body Detox Cleanse: A Complete Guide to Rejuvenation In today’s fast-paced world, our bodies are constantly bombarded with toxins from the food we eat, the air we breathe, and the stress we face. It’s no wonder that full body detox cleanses have become a popular trend, offering people a way to reset their health and wellness. But what exactly is a full body detox cleanse, and how can it benefit you? A full body detox cleanse is more than just a fad; it’s a holistic approach to cleansing your system of toxins, improving your digestion, boosting your energy, and…
News update: Bitcoin’s price topped $100,000 for the first time on Dec. 4, 2024, a long-awaited milestone. It has since fallen back under that level, but is still up by more than 100% this year.What is cryptocurrency?Cryptocurrency (or “crypto”) is a digital currency, such as Bitcoin, that is used as an alternative payment method or speculative investment. Cryptocurrencies get their name from the cryptographic techniques that let people spend them securely without the need for a central government or bank.Bitcoin was initially developed primarily to be a form of payment that isn’t controlled or distributed by a central bank. While…
Shares of chipmaker Broadcom (AVGO) soared over 17% premarket Friday after the company touted its “massive” AI opportunity in its earnings report the prior evening. Broadcom reported earnings Thursday after the bell. Its quarterly earnings per share of $1.15 were slightly above the $1.12 forecast, and its revenue of $14.1 billion was in line with expectations. Bernstein analyst Stacy Rasgon wrote in a note early Friday that the results were “decent,” with Broadcom’s strength coming from “stronger AI revenue.” What appeared to jolt investors, however, was CEO Hock Tan’s comments about its lofty forecast. “We see our opportunity over the…
Tesla stock (TSLA) roared to another all-time high on Friday, capping off a huge week for the stock and CEO Elon Musk. Shares of Tesla rose over 4% on Friday and reached a closing high of $436.23. The stock hit a record high on Wednesday as well, and it finished up 12.08% for the week. Call it the Trump effect. Tesla stock is up over 73% since Trump’s election win last month. CEO Elon Musk’s big bet on a Trump win and the resulting influence he is seen as having on the new administration has investors bullish on Tesla’s prospects.…
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: The NFIB’s small business optimism index surged dramatically in November, riding the post-election euphoria over Donald Trump’s incoming presidency to post the biggest monthly gain since 1980. This didn’t come as a surprise. The barometer is notoriously tied to politics, thanks to the strong link between Republican leadership, loose regulatory environments, and lower taxes, which drive small business morale. Whether this is true is, of course, up for debate. The NFIB release says that small businesses expect a…
The people in Donald Trump’s orbit are floating some dramatic ideas that would remake the way US banks are regulated, from deleting the CFPB to abolishing the FDIC. There are lots of questions about whether any of the ideas, some of which would require acts of Congress, will come to pass. But what is clear is that certain members of the new Trump administration who are set to take office do in fact want a different regulatory approach to the financial services industry as they look to remake the federal government and slash spending. And that could mean lighter scrutiny,…
After nearly a year of waiting, Amazon (AMZN) users can now buy a Hyundai (HYMTF) vehicle through the online retailer. Starting today, Amazon car shoppers in 48 cities, including New York, Los Angeles, and Chicago, can “browse, order, finance, and schedule pickup” of a new Hyundai from local participating dealers directly on Amazon’s website or app. The biggest advantage of the Amazon/Hyundai service is the ability to have “transparent, upfront pricing,” Amazon said, with no hidden charges such as document fees or dealer-installed options that are infuriating to most car buyers. “With Amazon Autos, we’re bringing the simplicity and ease…