*В Москве стартует Неделя российской рекламы*

Официально-деловые и торжественные мероприятия, посвящённые 145-летию российской рекламной индустрии и 30-летнему юбилею АКАР, пройдут с 13 по 17 ноября 2023 года.
[Read more...](https://lifehacker.ru/nedelya-rossijskoj-reklamy/)

*Elon Musk eyes Nov. 17 for a huge new move with Starship*

Roughly six months ago, SpaceX sent its Starship rocket on a maiden voyage that ended in a fiery self-destruction minutes after it left the launchpad. In the time since, CEO Elon Musk has been anxious to send Starship on its second flight test. But regulators haven't been keen to rush the process. The Federal Aviation Administration (FAA) only recently wrapped up its months-long Starship safety review, bringing Musk a step closer to launch. But the company doesn't have a license to fly yet; SpaceX is still waiting on the U.S. Fish and Wildlife Service to complete an environmental review into the launch. Starship won't be able to fly until after the review is complete. Related: Elon Musk's SpaceX is making bold moves despite one red flag But SpaceX thinks the review is approaching completion. The space exploration company said Nov. 10 that the second flight test of Starship could occur as early as Nov. 17, pending regulatory approval. A live webcast of the launch will begin a half hour before liftoff. "Starship’s first flight test provided numerous lessons learned that directly contributed to several upgrades to both the vehicle and ground infrastructure to improve the probability of success on future flights," the company wrote in a statement. The first Starship flight destroyed the launch pad, hurling debris over the neighboring area and inciting a lawsuit against the FAA for allowing SpaceX to launch without properly examining the environmental impact. PATRICK T. FALLON/Getty Images The ship, according to Musk, is designed to carry both crew and cargo to Mars and beyond, an objective he thinks is vital to the survival of the human race. This "rapid iterative development approach," SpaceX wrote, has been an "essential" component of the company's work to build reusable, space-faring transportation systems. This comes in the wake of a report by Reuters which found that Musk's move-fast-and-break-things approach with SpaceX has resulted in at least 600 worker injuries since 2014. Many of these injuries, Reuters said, were serious or disabling. Current and former employees told the news organization that the list of injuries reflects a "chaotic workplace" where staff regularly skip safety protocols to meet Musk's "aggressive deadlines." Reuters acquired the company's injury logs through a public records request to the Occupational Safety and Health Administration (OSHA). Related: One of Tesla Chief Musk's other ventures eyes $15B revenue for 2024 “Elon’s concept that SpaceX is on this mission to go to Mars as fast as possible and save humanity permeates every part of the company,” Tom Moline, a former SpaceX senior avionics engineer told Reuters. “The company justifies casting aside anything that could stand in the way of accomplishing that goal, including worker safety.” Moline, among others, was fired after raising complaints about the company's unsafe workplace. Musk's effort to get to Mars, likewise, has already resulted in an increase in the pollution of the upper layers of the Earth's atmosphere. A further expansion of global rocket launches could further this pollution, worsening the effects of climate change. Starship preparing to launch as early as November 17, pending final regulatory approval → https://t.co/bJFjLCiTbK pic.twitter.com/qRKv9ugWsR— SpaceX (@SpaceX) November 11, 2023 SpaceX did not return TheStreet's request for comment. The company is set to bring in $9 billion in revenue for 2023, a number that could spike to $15 billion in 2024. Much of this revenue projection relies on a large expansion of Starlink, SpaceX's satellite internet service. The company's Nov. 17 launch date remains tentative until the safety review is officially completed. Related: Elon Musk has even bigger plans for SpaceX next year Get investment guidance from trusted portfolio managers without the management fees. Sign up for Action Alerts PLUS now.
[Read more...](https://www.thestreet.com/technology/elon-musk-spacex-ceo-starship-launch-november)

Elon Musk eyes Nov. 17 for a huge new move with Starship

Roughly six months ago, SpaceX sent its Starship rocket on a maiden voyage that ended in a fiery self-destruction minutes after it left the launchpad. In the time since, CEO Elon Musk has been anxious to send Starship on its second flight test. But regulators haven't been keen to rush the process. The Federal Aviation Administration (FAA) only recently wrapped up its months-long Starship safety review, bringing Musk a step closer to launch. But the company doesn't have a license to fly yet; SpaceX is still waiting on the U.S. Fish and Wildlife Service to complete an environmental review into the launch. Starship won't be able to fly until after the review is complete. Related: Elon Musk's SpaceX is making bold moves despite one red flag But SpaceX thinks the review is approaching completion. The space exploration company said Nov. 10 that the second flight test of Starship could occur as early as Nov. 17, pending regulatory approval. A live webcast of the launch will begin a half hour before liftoff. "Starship’s first flight test provided numerous lessons learned that directly contributed to several upgrades to both the vehicle and ground infrastructure to improve the probability of success on future flights," the company wrote in a statement. The first Starship flight destroyed the launch pad, hurling debris over the neighboring area and inciting a lawsuit against the FAA for allowing SpaceX to launch without properly examining the environmental impact. PATRICK T. FALLON/Getty Images The ship, according to Musk, is designed to carry both crew and cargo to Mars and beyond, an objective he thinks is vital to the survival of the human race. This "rapid iterative development approach," SpaceX wrote, has been an "essential" component of the company's work to build reusable, space-faring transportation systems. This comes in the wake of a report by Reuters which found that Musk's move-fast-and-break-things approach with SpaceX has resulted in at least 600 worker injuries since 2014. Many of these injuries, Reuters said, were serious or disabling. Current and former employees told the news organization that the list of injuries reflects a "chaotic workplace" where staff regularly skip safety protocols to meet Musk's "aggressive deadlines." Reuters acquired the company's injury logs through a public records request to the Occupational Safety and Health Administration (OSHA). Related: One of Tesla Chief Musk's other ventures eyes $15B revenue for 2024 “Elon’s concept that SpaceX is on this mission to go to Mars as fast as possible and save humanity permeates every part of the company,” Tom Moline, a former SpaceX senior avionics engineer told Reuters. “The company justifies casting aside anything that could stand in the way of accomplishing that goal, including worker safety.” Moline, among others, was fired after raising complaints about the company's unsafe workplace. Musk's effort to get to Mars, likewise, has already resulted in an increase in the pollution of the upper layers of the Earth's atmosphere. A further expansion of global rocket launches could further this pollution, worsening the effects of climate change. Starship preparing to launch as early as November 17, pending final regulatory approval → https://t.co/bJFjLCiTbK pic.twitter.com/qRKv9ugWsR— SpaceX (@SpaceX) November 11, 2023 SpaceX did not return TheStreet's request for comment. The company is set to bring in $9 billion in revenue for 2023, a number that could spike to $15 billion in 2024. Much of this revenue projection relies on a large expansion of Starlink, SpaceX's satellite internet service. The company's Nov. 17 launch date remains tentative until the safety review is officially completed. Related: Elon Musk has even bigger plans for SpaceX next year Get investment guidance from trusted portfolio managers without the management fees. Sign up for Action Alerts PLUS now.
Read more...

*Top analyst believes ESPN may have left billions on the table after a recent move*

ESPN is officially launching ESPN Bet, its first branded sportsbook, on Nov. 14. This has been in the works since it was announced in August that ESPN DIS would be teaming up with Penn Entertainment PENN to rebrand Barstool Sportsbook into ESPN Bet, a deal that would have Penn pay ESPN $1.5 billion over 10 years and includes an additional $500 million in equity warrants. During Penn's investor call in the days following the announcement, the company also announced that it is aims to have 20% of the sports betting market share by 2027 despite only having about 2% to 3% of the share as of now. This would likely mean eating from the two top players in the game — FanDuel and DraftKings — who together control over 70% of the market. Related: ESPN is jumping into sports betting this month; these states can bet Sports business expert Joe Pompliano calls the move a "Hail Mary" for Penn since they are struggling to build market share. He said the company probably "didn't have another option" considering how much it was struggling in the past, and that partnering with a major media outlet is an attempt to acquire customers for a lower acquisition cost. "Sports betting is notoriously expensive to acquire customers — it's just a really expensive market. DraftKings has actually said in the past that their average customer acquisition costs I think was somewhere between like $350 to $400," Pompliano said on his podcast, "The Joe Pomp Show," on Nov. 13. "So being able to acquire customers at a cheaper rate through media leverage can be extremely valuable." Pompliano also describes the move as a "Hail Mary" for ESPN as it tries to enter the sports betting market five years late, effectively having lost out on billions by not coming in earlier. "Don't get me wrong — A $2 billion licensing deal is good, especially in the regard that Penn is in charge of managing the business," Pompliano said. "But in the grand scheme of things when there's people out there building multibillion dollar businesses, and you are the Worldwide Leader in Sports or so you call yourself and you make billions of dollars every single year in cable fees and you're literally printing cash and subsidizing streaming services for just the fact that they sat back and watched everyone else go out and acquire millions of customers and didn't do anything themselves. They have left billions of dollars in enterprise value on the table by not owning this themselves ... I think it was a huge mistake.Related: What the ESPN Bet deal could mean to the sports media and betting industries Pompliano thinks he still could be wrong as time could change things. But while the branding advantage that ESPN offers, he isn't bullish that Penn and ESPN will hit their target. He believes that it'll be difficult because much of the market is owned by the two big players, there are still other players like Fanatics with PointsBet that has the capital to also make big moves, and the unique offerings of some smaller players like Underdog Fantasy and PrizePicks. "I don't think Penn is going to reach their goal of 20% of the US sports betting market by 2027," Pompliano said. "Penn Entertainment hasn't shown the ability to build a good enough product. A lot of the competitors are using similar technology in the back end and I think consumers have gotten smart enough to a point where you can't just throw a name brand in front of them and expect them to go sign up and enjoy it ... That's part of the reason why a FanDuel and DraftKings have built a huge head start. They've obviously been doing this for a number of years. They've spent billions and billions and billions of dollars on marketing to go out and acquire these customers. Action Alerts PLUS offers expert portfolio guidance to help you make informed investing decisions. Sign up now.
[Read more...](https://www.thestreet.com/sports/top-analyst-suggests-espn-may-been-wrong-on-a-2-billion-bet)

Top analyst believes ESPN may have left billions on the table after a recent move

ESPN is officially launching ESPN Bet, its first branded sportsbook, on Nov. 14. This has been in the works since it was announced in August that ESPN DIS would be teaming up with Penn Entertainment PENN to rebrand Barstool Sportsbook into ESPN Bet, a deal that would have Penn pay ESPN $1.5 billion over 10 years and includes an additional $500 million in equity warrants. During Penn's investor call in the days following the announcement, the company also announced that it is aims to have 20% of the sports betting market share by 2027 despite only having about 2% to 3% of the share as of now. This would likely mean eating from the two top players in the game — FanDuel and DraftKings — who together control over 70% of the market. Related: ESPN is jumping into sports betting this month; these states can bet Sports business expert Joe Pompliano calls the move a "Hail Mary" for Penn since they are struggling to build market share. He said the company probably "didn't have another option" considering how much it was struggling in the past, and that partnering with a major media outlet is an attempt to acquire customers for a lower acquisition cost. "Sports betting is notoriously expensive to acquire customers — it's just a really expensive market. DraftKings has actually said in the past that their average customer acquisition costs I think was somewhere between like $350 to $400," Pompliano said on his podcast, "The Joe Pomp Show," on Nov. 13. "So being able to acquire customers at a cheaper rate through media leverage can be extremely valuable." Pompliano also describes the move as a "Hail Mary" for ESPN as it tries to enter the sports betting market five years late, effectively having lost out on billions by not coming in earlier. "Don't get me wrong — A $2 billion licensing deal is good, especially in the regard that Penn is in charge of managing the business," Pompliano said. "But in the grand scheme of things when there's people out there building multibillion dollar businesses, and you are the Worldwide Leader in Sports or so you call yourself and you make billions of dollars every single year in cable fees and you're literally printing cash and subsidizing streaming services for just the fact that they sat back and watched everyone else go out and acquire millions of customers and didn't do anything themselves. They have left billions of dollars in enterprise value on the table by not owning this themselves ... I think it was a huge mistake.Related: What the ESPN Bet deal could mean to the sports media and betting industries Pompliano thinks he still could be wrong as time could change things. But while the branding advantage that ESPN offers, he isn't bullish that Penn and ESPN will hit their target. He believes that it'll be difficult because much of the market is owned by the two big players, there are still other players like Fanatics with PointsBet that has the capital to also make big moves, and the unique offerings of some smaller players like Underdog Fantasy and PrizePicks. "I don't think Penn is going to reach their goal of 20% of the US sports betting market by 2027," Pompliano said. "Penn Entertainment hasn't shown the ability to build a good enough product. A lot of the competitors are using similar technology in the back end and I think consumers have gotten smart enough to a point where you can't just throw a name brand in front of them and expect them to go sign up and enjoy it ... That's part of the reason why a FanDuel and DraftKings have built a huge head start. They've obviously been doing this for a number of years. They've spent billions and billions and billions of dollars on marketing to go out and acquire these customers. Action Alerts PLUS offers expert portfolio guidance to help you make informed investing decisions. Sign up now.
Read more...

*Форменная одежда ВКС*

1 августа 2015 года был создан новый род войск, который получил название воздушно-космические силы, для этого были объединены военно-воздушные силы и войска...via forma full 5 https://ift.tt/wqe2sLK Manage Unsubscribe from these notifications or sign in to manage your Email service.IFTTT Manage on IFTTT: https://ifttt.com/myrecipes/personal/114580525
[Read more...](https://analogindex.livejournal.com/3578220.html)

Форменная одежда ВКС

1 августа 2015 года был создан новый род войск, который получил название воздушно-космические силы, для этого были объединены военно-воздушные силы и войска...via forma full 5 https://ift.tt/wqe2sLK Manage Unsubscribe from these notifications or sign in to manage your Email service.IFTTT Manage on IFTTT: https://ifttt.com/myrecipes/personal/114580525
Read more...

*Apple may be planning an unprecedented update for this key product*

Apple AAPL has had a big 2023 — and it's not done yet. Its latest lineup of iPhones, specifically the larger and more expensive 15 Pro, is delighting customers worldwide with their high-powered cameras, rethought design and new A17 chips. Related: Apple releases urgent iPhone update for popular and vital feature It also released a new lineup of watches. The Series 9 and Ultra 2 were both released alongside its newest iPhones, immediately flying off shelves and pored over on forums by fitness junkies and Apple fanatics alike. And the financials are bearing out well for Apple, too. "IPhone revenue came in ahead of our expectations, setting a September-quarter record, as well as quarterly records in many markets," Chief Executive Tim Cook said in the November fiscal-Q4-earnings call. "Across wearables, home and accessories, revenue came in at $9.3 billion. Apple Watch has become essential in our lives and this is our best Apple Watch lineup ever," he added. But another accessory has been desperately awaiting some long-anticipated change — and it might be on the way. Apple may update beloved tech soon While Apple continues to iterate and update its iPhones, watches and other accessories, one key product has been sitting pretty and waiting for an upgrade: the iPad. Apple's tablet has been struggling with sales recently. In fiscal Q4 2023 Apple sold $6.44 billion of iPads, down from $7.17 billion during the year-earlier period. Expectations for the quarter were around $8.63 billion. One reason for the diminished sales and excitement may be that Apple hasn't released a new iPad yet. In December 2022, Apple released a brand new iPad Pro, which helped boost sales. But Chief Financial Officer Luca Maestri told investors he expected iPad sales this year to "decelerate significantly." Recently released iPad Pros are seen at the Fifth Avenue Apple store on May 21, 2021, in New York City. Michael M. Santiago/Getty Images Unless, of course, Apple were to update its iPads, giving it another shot at a rebound around the holidays. And according to new reports, that may be exactly what Apple is planning to do. Apple analyst Ming-Chi Kuo expects Apple to aggressively upgrade its iPad models, probably not before Christmas but definitely in Apple's fiscal 2024. Here's what he foresees, generally: Update all iPad Air modelsUpdate iPad MiniIntroduce a new, larger 12.9-inch size iPad AirUpgrade iPad Pro with OLED displaysDiscontinue oldest iPad (9th generation) As far as a timeline, Ming-Chi Kuo expects the iPad Air updates to come first, possibly as early as Q1 2024. The Pros will then be updated sometime later in 2024, and the Minis will be updated last. The biggest refreshes will probably involve the most expensive and capable iPads, the iPad Pro. Here's what Ming-Chi Kuo says an upgrade could involve: New OLED screens for richer display and better batteryNewest M3 chipRedesigned chassis Thanks to these planned upgrades, analysts expect Apple's iPad successes could come back with a vengeance, as pent-up demand for a refreshed tablet could be priming the market. Excitement for iPads peaked following the pandemic, when Apple shipped a total of 63 million in fiscal 2022. Estimates for this year are around 50 million. Action Alerts PLUS offers expert portfolio guidance to help you make informed investing decisions. Sign up now.
[Read more...](https://www.thestreet.com/technology/apple-may-be-planning-an-unprecedented-update-for-this-key-product)

Apple may be planning an unprecedented update for this key product

Apple AAPL has had a big 2023 — and it's not done yet. Its latest lineup of iPhones, specifically the larger and more expensive 15 Pro, is delighting customers worldwide with their high-powered cameras, rethought design and new A17 chips. Related: Apple releases urgent iPhone update for popular and vital feature It also released a new lineup of watches. The Series 9 and Ultra 2 were both released alongside its newest iPhones, immediately flying off shelves and pored over on forums by fitness junkies and Apple fanatics alike. And the financials are bearing out well for Apple, too. "IPhone revenue came in ahead of our expectations, setting a September-quarter record, as well as quarterly records in many markets," Chief Executive Tim Cook said in the November fiscal-Q4-earnings call. "Across wearables, home and accessories, revenue came in at $9.3 billion. Apple Watch has become essential in our lives and this is our best Apple Watch lineup ever," he added. But another accessory has been desperately awaiting some long-anticipated change — and it might be on the way. Apple may update beloved tech soon While Apple continues to iterate and update its iPhones, watches and other accessories, one key product has been sitting pretty and waiting for an upgrade: the iPad. Apple's tablet has been struggling with sales recently. In fiscal Q4 2023 Apple sold $6.44 billion of iPads, down from $7.17 billion during the year-earlier period. Expectations for the quarter were around $8.63 billion. One reason for the diminished sales and excitement may be that Apple hasn't released a new iPad yet. In December 2022, Apple released a brand new iPad Pro, which helped boost sales. But Chief Financial Officer Luca Maestri told investors he expected iPad sales this year to "decelerate significantly." Recently released iPad Pros are seen at the Fifth Avenue Apple store on May 21, 2021, in New York City. Michael M. Santiago/Getty Images Unless, of course, Apple were to update its iPads, giving it another shot at a rebound around the holidays. And according to new reports, that may be exactly what Apple is planning to do. Apple analyst Ming-Chi Kuo expects Apple to aggressively upgrade its iPad models, probably not before Christmas but definitely in Apple's fiscal 2024. Here's what he foresees, generally: Update all iPad Air modelsUpdate iPad MiniIntroduce a new, larger 12.9-inch size iPad AirUpgrade iPad Pro with OLED displaysDiscontinue oldest iPad (9th generation) As far as a timeline, Ming-Chi Kuo expects the iPad Air updates to come first, possibly as early as Q1 2024. The Pros will then be updated sometime later in 2024, and the Minis will be updated last. The biggest refreshes will probably involve the most expensive and capable iPads, the iPad Pro. Here's what Ming-Chi Kuo says an upgrade could involve: New OLED screens for richer display and better batteryNewest M3 chipRedesigned chassis Thanks to these planned upgrades, analysts expect Apple's iPad successes could come back with a vengeance, as pent-up demand for a refreshed tablet could be priming the market. Excitement for iPads peaked following the pandemic, when Apple shipped a total of 63 million in fiscal 2022. Estimates for this year are around 50 million. Action Alerts PLUS offers expert portfolio guidance to help you make informed investing decisions. Sign up now.
Read more...

*Southwest Airlines is planning a major flight scheduling change*

Since it first started running flights in 1967, Texas-based Southwest Airlines LUV has gained a reputation for doing things a little differently from other airlines. The low-cost carrier does not sell tickets with assigned seating and instead allows passengers to board according to their fare class and then pick a seat among what is available. The airline also does not charge change or baggage fees or run flights outside of standard daytime hours.Related: Southwest Airlines boarding policy triggers passenger controversy This latter fact may, as Southwest CEO Bob Jordan recently let slip in an interview with the Dallas Morning News, be about to change as the airline mulls over how to use its aircraft most effectively. The airline currently uses different types of Boeing 737 BA planes — the Boeing 737-700, the Boeing 737-800 and the Boeing 737-Max. Southwest plans to fly red-eye flights. Image source: Shutterstock Southwest CEO calls red-eye flights a 'logical evolution' "It's a logical evolution for us," Jordan told the news outlet at the start of November. "We have the aircraft, it's a great way to use an asset that you already have and use it more productively which means more hours in the day. So, we will be doing red-eyes." More Travel:A new travel term is taking over the internet (and reaching airlines and hotels)The 10 best airline stocks to buy nowAirlines see a new kind of traveler at the front of the plane The airline had previously avoided running flights that leave late at night and arrive in the morning of a different time zone due to an older technical system that required flights to be scheduled in the same day. Even as it updated its software, Southwest Airlines stuck to its way of planning flights in order to minimize staffing needs and keep scheduling consistent. But as Jordan told the news outlet, travelers have been expressing a desire to get "a full day in" on flights between different coasts by landing at their destination early in the morning along with the need to bring down the amount of time planes stand parked as part of its plan to turn its finances around. At the end of October, the airline released earnings that showed its net income fell by more than 30% in the third quarter.Here is when you'll be able to book the first Southwest red-eye flights When pressed for details around specific markets and time frames, Jordan used vague phrases such as "certain markets" and "there's a world" in which the carrier has red-eye flights. Some speculated that the first Southwest red-eye flights could take off from Dallas-Fort Worth International Airport (DFW) once construction of the new terminal is finished in 2026. The airline has been working to carve out a significant presence in the airport. The smaller Dallas Love Field Airport (DAL) is less likely due to a quiet period in which flights are not permitted to take off after 11 p.m. – although many red-eye flights from the West Coast leave around 9 or 10 p.m. to arrive in the early hours of the morning at an East Coast city. "In my mind, it's not going to be the size of Love Field, so it would be a complement to Love," Jordan said of the airline's plans to be across the two airports at the Skift Aviation Forum in Fort Worth on Nov. 1.
[Read more...](https://www.thestreet.com/travel/southwest-airlines-launching-red-eye-flights)

Southwest Airlines is planning a major flight scheduling change

Since it first started running flights in 1967, Texas-based Southwest Airlines LUV has gained a reputation for doing things a little differently from other airlines. The low-cost carrier does not sell tickets with assigned seating and instead allows passengers to board according to their fare class and then pick a seat among what is available. The airline also does not charge change or baggage fees or run flights outside of standard daytime hours.Related: Southwest Airlines boarding policy triggers passenger controversy This latter fact may, as Southwest CEO Bob Jordan recently let slip in an interview with the Dallas Morning News, be about to change as the airline mulls over how to use its aircraft most effectively. The airline currently uses different types of Boeing 737 BA planes — the Boeing 737-700, the Boeing 737-800 and the Boeing 737-Max. Southwest plans to fly red-eye flights. Image source: Shutterstock Southwest CEO calls red-eye flights a 'logical evolution' "It's a logical evolution for us," Jordan told the news outlet at the start of November. "We have the aircraft, it's a great way to use an asset that you already have and use it more productively which means more hours in the day. So, we will be doing red-eyes." More Travel:A new travel term is taking over the internet (and reaching airlines and hotels)The 10 best airline stocks to buy nowAirlines see a new kind of traveler at the front of the plane The airline had previously avoided running flights that leave late at night and arrive in the morning of a different time zone due to an older technical system that required flights to be scheduled in the same day. Even as it updated its software, Southwest Airlines stuck to its way of planning flights in order to minimize staffing needs and keep scheduling consistent. But as Jordan told the news outlet, travelers have been expressing a desire to get "a full day in" on flights between different coasts by landing at their destination early in the morning along with the need to bring down the amount of time planes stand parked as part of its plan to turn its finances around. At the end of October, the airline released earnings that showed its net income fell by more than 30% in the third quarter.Here is when you'll be able to book the first Southwest red-eye flights When pressed for details around specific markets and time frames, Jordan used vague phrases such as "certain markets" and "there's a world" in which the carrier has red-eye flights. Some speculated that the first Southwest red-eye flights could take off from Dallas-Fort Worth International Airport (DFW) once construction of the new terminal is finished in 2026. The airline has been working to carve out a significant presence in the airport. The smaller Dallas Love Field Airport (DAL) is less likely due to a quiet period in which flights are not permitted to take off after 11 p.m. – although many red-eye flights from the West Coast leave around 9 or 10 p.m. to arrive in the early hours of the morning at an East Coast city. "In my mind, it's not going to be the size of Love Field, so it would be a complement to Love," Jordan said of the airline's plans to be across the two airports at the Skift Aviation Forum in Fort Worth on Nov. 1.
Read more...

*Cathie Wood has a blunt warning for the future of Google's stock*

When Google GOOGL parent Alphabet reported third-quarter earnings on Oct. 26, the stock dropped around 10%, its worst day in more than three years. The selloff — which came despite a strong earnings beat — was prompted by reduced growth at Google's Cloud division, where revenue landed $20 million short of analyst expectations. The stock has since rebounded, closing Friday's session at $132.59, a roughly 8% increase from the stock price immediately following the earnings report. But Ark Invest, led by the prominent asset manager Cathie Wood, doesn't see a particularly bright future for Google and Alphabet stock. The reason boils down to artificial intelligence. Related: Why Google stock is tanking — and where it could go nextGoogle 'caught in innovator's dilemma': Ark exec The tech giant, according to Brett Winton, chief futurist at Ark, is "caught in the thorns of an innovator's dilemma." Google currently makes money by using ads to deliver users to other websites. Large language models like ChatGPT remove this route entirely, taking the information across all websites, synthesizing it and delivering it directly to users. Google, he said, should be winning in AI — the Mountain View, Calif., tech giant has the "best talent, the best data; they own the text prompt box that sits at the front of the consumer web." But the company isn't shipping its AI integrations (Gemini) because, according to Winton, such an innovation would "break Google's revenue architecture" while also driving up costs. Cathie Wood sees AI risk to Google Cathie Wood, the CEO and investment lead at Ark, chimed in on the topic Nov. 12, saying that Google remains a "safe" AI holding in many portfolios because of its AI expertise and quantity of data. "The problem," she said, "is that [large language models] like GPT4 are going to disintermediate and perhaps destroy Google search, the bulk of its business." Ark's preferred AI bet is Tesla TSLA, which the firm thinks is loaded with tons of usable data and transformative tech. The basis of Ark's Tesla AI thesis is the company's effort to apply the technology to innovate self-driving cars. Related: Cathie Wood has a blunt warning about Tesla's stock over the coming monthsMunster: Google's approach is the right one Deepwater's Gene Munster says, however, that once Google integrates Gemini into its flagship search engine, the "scale will tip back toward Google and we'll see a reacceleration." The tech firm's cautious rollout of its AI integrations, according to Munster, is a good thing. It is spending carefully, aiming to accelerate earnings over expenses. And the company still has a unique advantage over the competition with its strong search-engine market share. "What Google wants to do is take what you use Google for today and add onto that generative features," Munster said in October. "As they add that, you're going to go to Google more over time and there's more opportunities for them to monetize search. Big picture: the Google story is intact." MNTN CEO Mark Douglas told TheStreet in an interview in November that Google's biggest current advantage is that it has developed consumer "muscle memory" based on its search engine. As of June 2023, Google had a 90% share of the search-engine market, according to SimilarWeb. But the coming proliferation of AI, Douglas said, will likely erase any technical head starts Google has on the competition and further erode that vital consumer muscle memory. "Google has enough momentum that they could not feel this for quite a while," he said. "But the main point is nobody has a head start on this stuff."Related: President of Ryan Reynolds' Advertising Company MNTN Explains Its New Avenue To Success Get investment guidance from trusted portfolio managers without the management fees. Sign up for Action Alerts PLUS now.
[Read more...](https://www.thestreet.com/technology/google-stock-cathie-wood-ark-invest-alphabet)

Cathie Wood has a blunt warning for the future of Google's stock

When Google GOOGL parent Alphabet reported third-quarter earnings on Oct. 26, the stock dropped around 10%, its worst day in more than three years. The selloff — which came despite a strong earnings beat — was prompted by reduced growth at Google's Cloud division, where revenue landed $20 million short of analyst expectations. The stock has since rebounded, closing Friday's session at $132.59, a roughly 8% increase from the stock price immediately following the earnings report. But Ark Invest, led by the prominent asset manager Cathie Wood, doesn't see a particularly bright future for Google and Alphabet stock. The reason boils down to artificial intelligence. Related: Why Google stock is tanking — and where it could go nextGoogle 'caught in innovator's dilemma': Ark exec The tech giant, according to Brett Winton, chief futurist at Ark, is "caught in the thorns of an innovator's dilemma." Google currently makes money by using ads to deliver users to other websites. Large language models like ChatGPT remove this route entirely, taking the information across all websites, synthesizing it and delivering it directly to users. Google, he said, should be winning in AI — the Mountain View, Calif., tech giant has the "best talent, the best data; they own the text prompt box that sits at the front of the consumer web." But the company isn't shipping its AI integrations (Gemini) because, according to Winton, such an innovation would "break Google's revenue architecture" while also driving up costs. Cathie Wood sees AI risk to Google Cathie Wood, the CEO and investment lead at Ark, chimed in on the topic Nov. 12, saying that Google remains a "safe" AI holding in many portfolios because of its AI expertise and quantity of data. "The problem," she said, "is that large language models like GPT4 are going to disintermediate and perhaps destroy Google search, the bulk of its business." Ark's preferred AI bet is Tesla TSLA, which the firm thinks is loaded with tons of usable data and transformative tech. The basis of Ark's Tesla AI thesis is the company's effort to apply the technology to innovate self-driving cars. Related: Cathie Wood has a blunt warning about Tesla's stock over the coming monthsMunster: Google's approach is the right one Deepwater's Gene Munster says, however, that once Google integrates Gemini into its flagship search engine, the "scale will tip back toward Google and we'll see a reacceleration." The tech firm's cautious rollout of its AI integrations, according to Munster, is a good thing. It is spending carefully, aiming to accelerate earnings over expenses. And the company still has a unique advantage over the competition with its strong search-engine market share. "What Google wants to do is take what you use Google for today and add onto that generative features," Munster said in October. "As they add that, you're going to go to Google more over time and there's more opportunities for them to monetize search. Big picture: the Google story is intact." MNTN CEO Mark Douglas told TheStreet in an interview in November that Google's biggest current advantage is that it has developed consumer "muscle memory" based on its search engine. As of June 2023, Google had a 90% share of the search-engine market, according to SimilarWeb. But the coming proliferation of AI, Douglas said, will likely erase any technical head starts Google has on the competition and further erode that vital consumer muscle memory. "Google has enough momentum that they could not feel this for quite a while," he said. "But the main point is nobody has a head start on this stuff."Related: President of Ryan Reynolds' Advertising Company MNTN Explains Its New Avenue To Success Get investment guidance from trusted portfolio managers without the management fees. Sign up for Action Alerts PLUS now.
Read more...

*Hyundai made a huge step in becoming a electric vehicle heavyweight*

Amidst a crowded field that includes juggernauts like Tesla TSLA and members of the old automotive guard like Detroit-based General Motors, Hyundai HYMLF is expanding its ability to be a major disruptor in the electric car market. Related: Tesla adds controversial clause to contract for Cybertruck buyers In a statement released today, the South Korean brand broke ground on a $1.5 billion plant dedicated to the production of EVs in its native country. The factory in the southeastern South Korea city of Ulsan will have an annual capacity of 200,000 vehicles and is part of the brand's shift from internal combustion engine (ICE) cars. Hyundai Motor Co. Ioniq 5 electric vehicles (EV) at the company's Ulsan plant in Ulsan, South Korea SeongJoon Cho/Bloomberg via Getty Images “The new EV-dedicated Plant in Ulsan is the beginning of a promising future for the next 50 years and the era of electrification. I am honored to share our dream of a 100-year company here,” said Hyundai Motor Group's Executive Chair Euisun Chung. “Just as the dream of building the best car in the past made Ulsan an automotive city today, I trust Ulsan will be an innovative mobility city that leads the way in the era of electrification, starting with a dedicated EV plant.” Hyundai has said that they plan to apply new manufacturing innovations at this new plant, which includes the use of robotics, smart logistics systems and artificial intelligence for efficiency, as well as a nature-friendly design, which encourages the health and well-being of factory workers. According to Hyundai, the new factory will maximize the use of natural light, and will also feature a "Central Park" that will double as a hub and a rest area for its workers. Additionally, solar panels and upcycled concrete will be used to minimize its carbon emissions. Hyundai Motor Co. Ioniq 5 electric vehicles at the company's Ulsan plant in Ulsan, South Korea SeongJoon Cho/Bloomberg via Getty Images The plant is the first new factory in its native South Korea in 29 years and will be instrumental in the Hyundai Motor Group's plan to launch 31 new EV models throughout its Hyundai, Kia and Genesis brands by 2030. The new EV factory will be part of the already massive Hyundai complex in Ulsan, South Korea, which is the company's, and the world's largest automotive manufacturing site. It's yearly capacity of 1.4 million vehicles sees 1.1 million of them destined for export via its own car-carrier port. But as some manufacturers like General Motors GM roll back their EV plans, Hyundai is blowing full steam ahead towards an electric future. More Business of EVs:A full list of EVs and hybrids that qualify for federal tax creditsHere’s why EV experts are flaming Joe Biden’s car policyThe EV industry is facing an unusual new problem The new plant in Ulsan will join Hyundai's $5.44 billion EV and battery plant currently under construction outside of Savannah, Ga. The plant, the largest in the state, will have an annual capacity of 300,000 units. Action Alerts PLUS offers expert portfolio guidance to help you make informed investing decisions. Sign up now.
[Read more...](https://www.thestreet.com/electric-vehicles/hyundai-made-a-huge-step-in-becoming-a-electric-vehicle-heavyweight)

Hyundai made a huge step in becoming a electric vehicle heavyweight

Amidst a crowded field that includes juggernauts like Tesla TSLA and members of the old automotive guard like Detroit-based General Motors, Hyundai HYMLF is expanding its ability to be a major disruptor in the electric car market. Related: Tesla adds controversial clause to contract for Cybertruck buyers In a statement released today, the South Korean brand broke ground on a $1.5 billion plant dedicated to the production of EVs in its native country. The factory in the southeastern South Korea city of Ulsan will have an annual capacity of 200,000 vehicles and is part of the brand's shift from internal combustion engine (ICE) cars. Hyundai Motor Co. Ioniq 5 electric vehicles (EV) at the company's Ulsan plant in Ulsan, South Korea SeongJoon Cho/Bloomberg via Getty Images “The new EV-dedicated Plant in Ulsan is the beginning of a promising future for the next 50 years and the era of electrification. I am honored to share our dream of a 100-year company here,” said Hyundai Motor Group's Executive Chair Euisun Chung. “Just as the dream of building the best car in the past made Ulsan an automotive city today, I trust Ulsan will be an innovative mobility city that leads the way in the era of electrification, starting with a dedicated EV plant.” Hyundai has said that they plan to apply new manufacturing innovations at this new plant, which includes the use of robotics, smart logistics systems and artificial intelligence for efficiency, as well as a nature-friendly design, which encourages the health and well-being of factory workers. According to Hyundai, the new factory will maximize the use of natural light, and will also feature a "Central Park" that will double as a hub and a rest area for its workers. Additionally, solar panels and upcycled concrete will be used to minimize its carbon emissions. Hyundai Motor Co. Ioniq 5 electric vehicles at the company's Ulsan plant in Ulsan, South Korea SeongJoon Cho/Bloomberg via Getty Images The plant is the first new factory in its native South Korea in 29 years and will be instrumental in the Hyundai Motor Group's plan to launch 31 new EV models throughout its Hyundai, Kia and Genesis brands by 2030. The new EV factory will be part of the already massive Hyundai complex in Ulsan, South Korea, which is the company's, and the world's largest automotive manufacturing site. It's yearly capacity of 1.4 million vehicles sees 1.1 million of them destined for export via its own car-carrier port. But as some manufacturers like General Motors GM roll back their EV plans, Hyundai is blowing full steam ahead towards an electric future. More Business of EVs:A full list of EVs and hybrids that qualify for federal tax creditsHere’s why EV experts are flaming Joe Biden’s car policyThe EV industry is facing an unusual new problem The new plant in Ulsan will join Hyundai's $5.44 billion EV and battery plant currently under construction outside of Savannah, Ga. The plant, the largest in the state, will have an annual capacity of 300,000 units. Action Alerts PLUS offers expert portfolio guidance to help you make informed investing decisions. Sign up now.
Read more...

*Adam Neumann finds a cushy landing spot as WeWork bankruptcy heads to court*

Usually when a billion dollar company declares bankruptcy it is a sad time for the founders of that company who put countless hours of blood, sweat and tears into building that dream. But WeWork WE isn't like most companies, and neither is former CEO and founder Adam Neumann, who seems to be living his best life in one of the world's most exclusive zip codes. The remote office rental company filed for Chapter 11 bankruptcy protection last week, listing assets of $15.06 billion and liabilities of $18.66 billion. It's been a steep fall for the company, which just a few years ago was the country's most-valuable startup with valuations above $47 billion. But unwinding such a large company isn't the problem of Neumann, who was ousted from his own company in 2019 after a disastrous attempted IPO amid intense scrutiny of his managerial style and penchant for expensive tastes. So naturally, he is living his best life in one of the most exclusive neighborhoods in the world: Bal Harbor in Miami Beach. Florida, Miami, Bal Harbour, Haulover Inlet with luxury condos and Ritz Carlton Hotel, Aerial. (Photo by: Jeffrey Greenberg/Education Images/Universal Images Group via Getty Images) Education Images/Getty Images In 2021, Neumann used some of his estimated $1.7 billion fortune — Neumann reportedly received a $1.7 billion golden parachute as part of his 2019 ouster — and purchased two plots of land in the area for $44 million in an "off-market deal" the New York Post reported. The two parcels of land span 50,000 square feet, where Neumann is building a 14,500 sq ft. mansion for his wife and their six children, as well as 360 feet of Miami waterfront that feature multiple slips in a marina. With his fortune and the buzz from his latest startup venture, Flow — a residential real estate company that last year got a $350 million investment from Andreessen Horowitz that values the company at $1 billion — Neumann has more than enough to purchase prime property wherever he likes. It's not a bad landing spot Neumann, who became fodder for conversations about executive excess — there are reports of three-story high waterslides, private-jet parties featuring drugs and drug trafficking, and dreams of achieving immortality — and even an Apple TV+ series called WeCrashed in the immediate aftermath of his ouster. Get investment guidance from trusted portfolio managers without the management fees. Sign up for Action Alerts PLUS now.
[Read more...](https://www.thestreet.com/real-estate/adam-neumann-finds-a-cushy-landing-spot-as-wework-bankruptcy-heads-to-court)

Adam Neumann finds a cushy landing spot as WeWork bankruptcy heads to court

Usually when a billion dollar company declares bankruptcy it is a sad time for the founders of that company who put countless hours of blood, sweat and tears into building that dream. But WeWork WE isn't like most companies, and neither is former CEO and founder Adam Neumann, who seems to be living his best life in one of the world's most exclusive zip codes. The remote office rental company filed for Chapter 11 bankruptcy protection last week, listing assets of $15.06 billion and liabilities of $18.66 billion. It's been a steep fall for the company, which just a few years ago was the country's most-valuable startup with valuations above $47 billion. But unwinding such a large company isn't the problem of Neumann, who was ousted from his own company in 2019 after a disastrous attempted IPO amid intense scrutiny of his managerial style and penchant for expensive tastes. So naturally, he is living his best life in one of the most exclusive neighborhoods in the world: Bal Harbor in Miami Beach. Florida, Miami, Bal Harbour, Haulover Inlet with luxury condos and Ritz Carlton Hotel, Aerial. (Photo by: Jeffrey Greenberg/Education Images/Universal Images Group via Getty Images) Education Images/Getty Images In 2021, Neumann used some of his estimated $1.7 billion fortune — Neumann reportedly received a $1.7 billion golden parachute as part of his 2019 ouster — and purchased two plots of land in the area for $44 million in an "off-market deal" the New York Post reported. The two parcels of land span 50,000 square feet, where Neumann is building a 14,500 sq ft. mansion for his wife and their six children, as well as 360 feet of Miami waterfront that feature multiple slips in a marina. With his fortune and the buzz from his latest startup venture, Flow — a residential real estate company that last year got a $350 million investment from Andreessen Horowitz that values the company at $1 billion — Neumann has more than enough to purchase prime property wherever he likes. It's not a bad landing spot Neumann, who became fodder for conversations about executive excess — there are reports of three-story high waterslides, private-jet parties featuring drugs and drug trafficking, and dreams of achieving immortality — and even an Apple TV+ series called WeCrashed in the immediate aftermath of his ouster. Get investment guidance from trusted portfolio managers without the management fees. Sign up for Action Alerts PLUS now.
Read more...

*This is the single worst airport for your holiday travel*

While sitting at the gate without knowing the status of your flight is not pleasant during any time of the year, it is particularly annoying during the holidays. Many still remember the Holiday Fiasco of 2022 when a combination of bad weather and a breakdown of Southwest Airlines LUV's software system left hundreds of thousands of travelers stranded at airports across the country during the days of December 26 and 27. U.S. Transportation Secretary Pete Buttigieg even had to step in and push the airline to resolve the problem faster. Related: Southwest Airlines Explanation For Holiday Disruptions Is Underwhelming While the software breakdown was a crisis unforeseen by both travelers and the airline, some airports have higher rates of delays in general and during the holidays in particular. Travelers pass through Orlando International Airport. Shutterstock You are particularly likely to get stuck with a flight from these airports A new report looking at flight data from Nov. 18, 2022 to Jan. 4, 2023 by online gambling platform aGamble.com identified Chicago's Midway International Airport as the worst airport in the country for holiday travel last year. More Travel:A new travel term is taking over the internet (and reaching airlines and hotels)The 10 best airline stocks to buy nowAirlines see a new kind of traveler at the front of the plane The smaller airport closer to downtown Chicago than O'Hare had 1,138 flight delays and 2,022 cancelations between mid-November and January — 42.9% of the total flights that took off during that time period. Orlando International Airport was not far behind with 879 delays and 5,222 cancelations. As the airport is significantly busier than Midway, those numbers represent 42% of all flights that took off. "If you're departing from Chicago Midway International, hopefully it's to a warm destination because you'll need some fresh air after discovering that your flight has been canceled," write the study's authors.Here are some other bad (and good) airports for your holiday travel this year While last year's experiences may not necessarily be replicated during the 2023 holiday period, other airports to make the top five include Fort Lauderdale-Hollywood International in Florida, William P. Hobby in Houston and the Love Field Airport in Dallas — in general, secondary airports in larger cities tended to fare particularly badly when it comes to cancelations and delays. "The first airport on the list servicing strictly domestic flights, Houston's William P. Hobby Airport has experienced steady growth in passenger numbers since switching its focus to smooth internal travel," reads the report. "But there's room to improve on their new purpose: 41% of departures were canceled throughout the holiday season last year." Harry Reid International Airport in Las Vegas, Baltimore/Washington International Thurgood Marshall Airport and Tampa International Airport were some of the larger airports to land in the top ten. In the latter, 493 and 2,224 flights were respectively delayed and canceled. Delays are less common than cancelations because any delay long enough to make the data numbers usually leads to an eventual cancelation. While Newark Liberty International Airport tended to score badly when it comes to delays in other reports, this study placed it squarely in the middle — 3,866 delays and 477 cancelations put it at 32.9% of all holiday flights and 25th on the list. San Antonio International Airport, meanwhile, was at 38.2% of all flights taking off and 10th out of all the airports looked at in the report — better than many others but still in the top ten of the bad list.
[Read more...](https://www.thestreet.com/travel/what-is-the-busiest-airport-holiday-season)

This is the single worst airport for your holiday travel

While sitting at the gate without knowing the status of your flight is not pleasant during any time of the year, it is particularly annoying during the holidays. Many still remember the Holiday Fiasco of 2022 when a combination of bad weather and a breakdown of Southwest Airlines LUV's software system left hundreds of thousands of travelers stranded at airports across the country during the days of December 26 and 27. U.S. Transportation Secretary Pete Buttigieg even had to step in and push the airline to resolve the problem faster. Related: Southwest Airlines Explanation For Holiday Disruptions Is Underwhelming While the software breakdown was a crisis unforeseen by both travelers and the airline, some airports have higher rates of delays in general and during the holidays in particular. Travelers pass through Orlando International Airport. Shutterstock You are particularly likely to get stuck with a flight from these airports A new report looking at flight data from Nov. 18, 2022 to Jan. 4, 2023 by online gambling platform aGamble.com identified Chicago's Midway International Airport as the worst airport in the country for holiday travel last year. More Travel:A new travel term is taking over the internet (and reaching airlines and hotels)The 10 best airline stocks to buy nowAirlines see a new kind of traveler at the front of the plane The smaller airport closer to downtown Chicago than O'Hare had 1,138 flight delays and 2,022 cancelations between mid-November and January — 42.9% of the total flights that took off during that time period. Orlando International Airport was not far behind with 879 delays and 5,222 cancelations. As the airport is significantly busier than Midway, those numbers represent 42% of all flights that took off. "If you're departing from Chicago Midway International, hopefully it's to a warm destination because you'll need some fresh air after discovering that your flight has been canceled," write the study's authors.Here are some other bad (and good) airports for your holiday travel this year While last year's experiences may not necessarily be replicated during the 2023 holiday period, other airports to make the top five include Fort Lauderdale-Hollywood International in Florida, William P. Hobby in Houston and the Love Field Airport in Dallas — in general, secondary airports in larger cities tended to fare particularly badly when it comes to cancelations and delays. "The first airport on the list servicing strictly domestic flights, Houston's William P. Hobby Airport has experienced steady growth in passenger numbers since switching its focus to smooth internal travel," reads the report. "But there's room to improve on their new purpose: 41% of departures were canceled throughout the holiday season last year." Harry Reid International Airport in Las Vegas, Baltimore/Washington International Thurgood Marshall Airport and Tampa International Airport were some of the larger airports to land in the top ten. In the latter, 493 and 2,224 flights were respectively delayed and canceled. Delays are less common than cancelations because any delay long enough to make the data numbers usually leads to an eventual cancelation. While Newark Liberty International Airport tended to score badly when it comes to delays in other reports, this study placed it squarely in the middle — 3,866 delays and 477 cancelations put it at 32.9% of all holiday flights and 25th on the list. San Antonio International Airport, meanwhile, was at 38.2% of all flights taking off and 10th out of all the airports looked at in the report — better than many others but still in the top ten of the bad list.
Read more...

*Here’s why Black Friday appears to be starting earlier this year*

Shoppers are starting to see Black Friday discounts pop up early this holiday season, and they may start to encounter even more than usual with steeper price cuts. This is due to a plethora of retailers such as Target TGT, Walmart WMT, Ulta Beauty ULTA, Dollar General DG, etc., struggling with an excess amount of inventory for the second year in a row, according to an analysis from Reuters, spelling trouble for retailers and investors. As the result of most likely miscalculating consumer spending amid high inflation and interest rates, retailers are stuck with an overabundance of merchandise in their stock rooms which is skyrocketing retailer costs for transporting and storing goods. Inventory turnover ratios, which show the amount of times a company sold or used its merchandise, were analyzed in the data from LSEG Workspace which reviewed ratios from 30 retailers. Dollar General had the lowest ratio of them all at -1.9, which is behind the average 0.9 its peers had at the end of the second quarter this year. Walmart was found to significantly lag behind its peers. It had a ratio of -0.7 compared to the 2.1 ratio from other stores in the same industry. Also, Ulta Beauty had a ratio of -0.2, compared to the 0.8 ratio the store’s competitors had. Related: Luxury executive indicates trouble in paradise that could spell problems for the economy It appears that retailers will face a continued struggle clearing out their inventories this holiday season as consumers are planning to spend even less for the holidays compared to last year. According to The Conference Board’s new Holiday Spending Survey, consumers plan to spend an average of $985 on holiday items this year, which is less than the average of $1,006 in 2022. The survey also found that shoppers are also expected to slash their budgets for other holiday items that are not gift-related this year. $330 is the average amount consumers plan to spend on items this year, which is a 16% decline from $393 average in 2022. “October’s Consumer Confidence Index suggests Americans are entering the holiday season in a somewhat cautious mood, with the overall, present situation, and expectations indexes all seeing dips,” said Dana Peterson, chief economist at The Conference Board, in the press release. The excess in stock can be beneficial for shoppers looking for steep deals on items. As retailers are struggling to sell their crowded inventories, deals and discounts are set to become more prevalent towards the end of the year to help drive up sales. In a new CNBC Supply Chain survey that questioned executives who manage freight manufacturing orders and transportation, 67% of retailers are moving more promotional, lower-cost items into stores for the holiday season, and 83% are planning to not move higher-priced items amid a growing concern in consumer spending cutbacks.
[Read more...](https://www.thestreet.com/retail/heres-why-black-friday-appears-to-be-starting-earlier-this-year)