Advertisements


GameStop Is Building NFT Platform Over Ethereum: What You Need To Know

GameStop Corp.  (NYSE: GME) has quietly confirmed it is building a new non-fungible token (NFT) platform based on the Ethereum (ETH) blockchain platform. read more.....»»

Category: blogSource: benzingaMay 26th, 2021

Civilized founders pushed out

Welcome to Insider Cannabis, where we're bringing you an inside look at the deals, trends, and personalities driving the multibillion-dollar cannabis boom. As the legal cannabis market grows in the US, there are many ways for investors to gain exposure to the industry. Bloomberg Creative/Getty Images Welcome to Insider Cannabis, our weekly newsletter where we're bringing you an inside look at the deals, trends, and personalities driving the multibillion-dollar global cannabis boom.Sign up here to get it in your inbox every week.Hello everyone,In some respects, the fight over how to legalize cannabis is a microcosm of larger social debates, pitting social justice activists against more free-market-oriented folks. Take the debate this week over the SAFE Banking Act. The cannabis banking bill passed the House for the fifth time last night. This go-around, language from the bill - which would open up the banking system to cannabis companies and allow consumers to pay with credit cards - was shoehorned into the National Defense Authorization Act.The NDAA usually passes the Senate without much fanfare. But Senate Majority Leader Chuck Schumer, Sen. Ron Wyden, and Sen. Cory Booker have their own more comprehensive cannabis bill, The Cannabis Opportunity and Administration Act. Booker has said that he opposes adding cannabis banking protections to the Senate's version of the NDAA ahead of broader criminal justice reforms.It remains to be seen whether SAFE will be included in the Senate's version of the NDAA. Many cannabis activists say that the SAFE Act would only help banks and large cannabis companies make more money in the industry. They'd rather see full-scale legalization or at least record expungement and other criminal and social justice measures passed first.But supporters of the SAFE Act say it's a necessary tool to help protect and grow small businesses since many social equity license holders are unable to get loans or open lines of credit to start their businesses, and that dealing in all cash is a safety risk. In other news, Amazon doubled down on its support for cannabis legalization and said it was lobbying the federal government for legalization. Aurora Cannabis closed a major facility and cut around 8% of its workforce. The company delayed its earnings until next week. Tilray closed its Nanaimo, British Columbia facility as well. California will be adding a cannabis competition to its state fair, where farmers will show off their best buds. I'll be moderating a panel about the New York cannabis opportunity at the Prohibition Partners x Business of Cannabis conference in New York City on Wednesday, September 29. I'm looking forward to seeing many of you in person, and let me know if you'll be around. - Jeremy Berke (@jfberke)If you like what you read, share this newsletter with your colleagues, friends, boss, spouse, strangers on the internet, or whomever else would like a weekly dose of cannabis news. Here's what we wrote about this week:Investors are pushing out the founders of troubled cannabis startup Civilized. We got ahold of the full memo.Investors are pushing Civilized founders Derek and Terri Riedle out of the company, according to a memo circulated among investors on Monday and obtained by Insider. The investors say the founders, Derek and Terri Riedle, saddled the company with debt.A startup accelerator that's worked with J&J and L'Oréal is getting into psychedelics as the industry goes mainstreamA new accelerator program is targeting early-stage ancillary startups focused on psychedelics, in the latest sign that psychedelics are entering the mainstream and that funding dollars are trailing closely behind. The House just passed cannabis reforms as part of a defense bill. Here's what would change for businesses and their customers.The US House of Representatives has passed the Secure and Fair Enforcement Banking Act, or SAFE Banking Act, yet again.Lawmakers tucked the cannabis banking bill into the National Defense Authorization Act that passed lower chamber on Thursday. It's not clear whether the Senate will include cannabis reforms in its version of the defense package once the upper chamber takes it up. Executive movesNew York Governor Kathy Hochul on Wednesday announced two more appointees - Reuben R. McDaniel, III and Jessica Garcia - to the board of the Office of Cannabis Management, the regulatory body responsible for building out the adult-use cannabis industry in the state. Deals, launches, and IPOsCannabis tech company Dispense said on Tuesday that it had raised a $2 million seed round led by NextView Ventures and Poseidon Asset Management.Michigan-based cannabis company SKYMINT said on Tuesday that it raised $78 million and acquired 3Fifteen Cannabis. Investors in the round include Tropics LP, an affiliate of Sundial Growers' JV SunStream Bancorp Inc., and Merida Capital Holdings.Christine De La Rosa, the CEO of The People's Ecosystem, is raising a $50 million fund to invest in BIPOC and women-led cannabis businesses. Psychedelics company Delic Holdings Corp said on Monday it would acquire Ketamine Wellness Centers Inc, increasing its footprint to 12 clinic locations across the US, in a $5 million cash-and-stock deal. Crain Communications is acquiring cannabis financial media site Green Market Report. The terms of the deal were not disclosed. Marijuana activists hold up a 51-foot inflatable joint during a rally at the U.S. Capitol to call on Congress pass cannabis reform legislation on Tuesday, Oct. 8, 2019. Photo by Caroline Brehman/CQ-Roll Call, Inc via Getty Images Policy movesThe House of Representatives on Thursday passed the SAFE Banking Act, a cannabis banking bill, as part of the National Defense Authorization Act. It's not clear whether the Senate will include cannabis reforms in its version of the defense package once the upper chamber takes it up. Italy is expected to hold a referendum on legalizing cannabis early next year after organizers gathered the 500,000 signatures within a week, reports Reuters. Research and dataA new report from the nonprofit Economic Policy Institute found that unionized cannabis workers could make $8,690 more per year than non-unionized peers. Psychedelics company Atai Life Sciences said on Tuesday that its platform company DemeRx has started its early-stage clinical trials of ibogaine to treat opioid use disorder.Cannabis data firm BDSA says in a report that cannabis sales will hit $31 billion this year, a 41% increase over last year. By 2026, BDSA expects cannabis sales to exceed $62 billion. EarningsMedMen reported its Q4 and FY21 results on Thursday. The company reported $42 million in revenue and a net loss of $46 million in Q4. For the full year, the company reported $145 million in revenue and a net loss of $157.6 million. What we're reading Why Amazon wants to make sure everyone knows it's totally cool with smoking pot now (Insider)Lawyers, race and money: Illinois' messy weed experiment (Politico)'Millions of pounds' of legal marijuana diverted to underground market, California lawsuit alleges (MJ Biz Daily)Getting high before exercise is the secret to sticking with a fitness routine, some athletes say (Insider)Illegal marijuana farms take West's water in 'blatant theft' (Associated Press)Marijuana banking sponsor discusses path through Senate after House approves reform for fifth time (Marijuana Moment)Read the original article on Business Insider.....»»

Category: topSource: businessinsiderSep 24th, 2021

Altus Power, Inc., a Market-Leading Clean Electrification Company, Reports Second Quarter 2021 Financial Results

STAMFORD, Conn., Sept. 24, 2021 /PRNewswire/ -- Altus Power, Inc. ("Altus Power" or the "Company") today announced its financial results for the second quarter ended June 30, 2021. Altus Power previously announced an agreement for a business combination with CBRE Acquisition Holdings, Inc. (NYSE:CBAH), which is expected to result in Altus Power becoming a public company listed on the New York Stock Exchange. CBAH is a special-purpose acquisition company sponsored by CBRE Group, Inc. The transaction is expected to close in Q4 2021. Second Quarter 2021 and Recent Highlights Second quarter 2021 revenues of $17.6 million; up 54% compared to the same period in 2020 Second quarter 2021 net loss of $0.4 million compared to $0.1 million of net income for same period of 2021. Second quarter 2021 Adjusted EBITDA of $10.9 million; up 60% compared to the same period in 2020 $117 million of cash and available liquidity as of June 30, 2021 Completed acquisition of 79 MW True Green solar generation portfolio; added a new state, Tennessee, to Altus Power's portfolio of operating assets Gregg Felton, Co-CEO of Altus Power, commented: "We are pleased to announce a solid second quarter of execution, building on our strong first-quarter results. As a market-leading clean electrification company, we believe that our robust end-to-end customer offerings, combined with our strong balance sheet, which includes investment grade funding facilities, will continue to differentiate Altus Power in this rapidly expanding market." Second Quarter 2021 Financial Results Revenue increased to $17.6 million for the three months ended June 30, 2021, an increase of $6.2 million compared to the three months ended June 30, 2020. Revenue increased to $30.1 million for the six months ended June 30, 2021, an increase of $9.2 million compared to the six months ended June 30, 2020. These increases were primarily the result of an increase in the number of Altus Power solar energy systems in service subsequent to June 30, 2020. Net loss was $0.4 million for the three months ended June 30, 2021 compared to net income of $0.1 million for the three months ended June 30, 2020.  Adjusted EBITDA was $10.9 million for the three months ended June 30, 2021 compared to $6.8 million for the three months ended June 30, 2020, an increase of $4.1 million. Net loss was $0.2 million for the six months ended June 30, 2021 compared to net loss of $0.4 million for the six months ended June 30, 2020.  Adjusted EBITDA* was $18.5 million for the six months ended June 30, 2021 compared to $12.4 million for the six months ended June 30, 2020, an increase of $6.1 million. These increases were the result of revenue growth from new solar energy systems in service increasing at a faster rate than expenses. The Company ended the second quarter with $30 million of cash and $87 million of availability on its credit facility, for a total of $117 million of available liquidity. Business Highlights In August 2021, Altus Power acquired 79 megawatts ("MW") of assets from True Green Capital Management (the "True Green acquisition"). The acquired portfolio was comprised of 28 projects across 7 states. The True Green acquisition brought Altus Power's cumulative installed generation base to more than 340 MW. The number of states in which Altus Power operates increased from 16 to 17 with the addition of assets operating in Tennessee, which were included in the True Green acquisition. The Company is currently pursuing projects which would add additional states to our portfolio. Altus Power continues to collaborate with Blackstone and has begun to collaborate with CBRE to develop solar projects in various states. The Company believes that the CBRE collaboration provides an opportunity to accelerate its growth. In August 2021, Altus Power upsized its senior funding facility, led by Blackstone Credit, by $135.6 million, to a current size of $503 million. The upsized senior funding facility now carries a weighted average 3.51% annual fixed rate, reduced from the previous weighted average rate of 3.70%. The Company continued to advance and invest in Altus Power's proprietary GAIA technology platform, as well as collaborate with CBRE's Digital & Technology organization to enable digital tools to source attractive opportunities and provide exceptional client outcomes. In September 2021, Altus Power signed a 10-year, 33,000 square-foot lease at 2200 Atlantic Street in Stamford, CT and relocated its headquarters from Greenwich, CT to Stamford, CT, increasing the size of its office space significantly to accommodate its growing team. Key Hires Altus Power has increased its number of employees ...Full story available on Benzinga.com.....»»

Category: earningsSource: benzingaSep 24th, 2021

Mack-Cali selling waterfront trophy for $380M

Mack-Cali is in contract to sell a trophy office tower on the Hudson River waterfront for $380 million, according to sources close to the deal. Mark Meisner’s Nanuet-based Birch Group is the buyer of 101 Hudson Street, a 1.2 million square-foot class A office tower in Jersey City which Mack-Cali... The post Mack-Cali selling waterfront trophy for $380M appeared first on Real Estate Weekly. Mack-Cali is in contract to sell a trophy office tower on the Hudson River waterfront for $380 million, according to sources close to the deal. Mark Meisner’s Nanuet-based Birch Group is the buyer of 101 Hudson Street, a 1.2 million square-foot class A office tower in Jersey City which Mack-Cali bought for $329 million in 2004. The REIT remortgaged the tower with a 10-year, $250 million loan in 2016, money that was used repay outstanding secured and unsecured debt as the company worked to streamline its suburban office portfolio to focus on its prime waterfront assets. Last year, AIG inked a deal to take a reported 230,000 s/f of space in the building, previously known as the Goldman Sachs tower. Mack-Cali declined to comment on the sale and no word yet from the Birch Group. Cushman & Wakefield confirmed its Adam Spies, Andy Merin, David Bernhaut, Kevin Donner, Gary Gabriel and Frank DiTommaso arranged the sale, but declined further comment. The sale stands out among two years of suburban office disposition at Mack-Cali. This year alone, the company has sold $549 million of suburban office buildings and newly appointed CEO Mahbod Nia has been focused on boosting the share price and rewarding investors who’ve stuck with the firm through a takeover battle and a pandemic. During the 2Q earning call he said, “We remain highly focused on our strategic objectives of simplifying the business and streamlining the balance sheet, as illustrated by the disposal of virtually all of our remaining suburban assets during the quarter, substantially in line with our pre-pandemic valuation expectations.” A Colony Capital and Northstar (NRE) alum, Nia was credited with helping NRE get its business in order ahead of a sale to AXA Investment Managers that netted a 16 percent IRR. During a summer NAREIT meeting, Nia spoke about expanding Mack-Cali’s lucrative multifamily platform beyond its core in New Jersey. He told investors during the earning call, “That comment was more centered around concentration risk and whether to the extent that we do gravitate more toward becoming a multifamily REIT, whether we should be more concentrated in our current markets or look to new markets. “We’re at the point where we’re really evaluating potential options for us in the future, but no conclusive decisions have been made at this point.” The Waterfront office portfolio – which included 101 Hudson – was 75.4 percent leased, up from 74.2 percent as of March 31, 2021, reflecting 75,500 s/f of leases signed during the quarter, including 51,600 s/f of new leases. The office portfolio also enjoyed a 2.5 percent increase in NOI from the previous year. Analysts have given the efforts a gold star. Although BTIG’s Thomas Catherwood just lowered his share price target from $30 to $26, Mack-Cali is still considered a buy. As of September, its share price was 16.65 – way below the 56 it enjoyed in its heyday during the 2000s but a major improvement on its most recent 52-week low of 10.35. Catherwood attributed the price target change to the company’s shorter hold period for its remaining office assets. He said investors could lose sight of positive near-term potential as dispositions, incremental short-term debt, COVID-impacted apartment rental rates, and recent office lease expirations result in lower earnings. The sale of 101 Hudson is likely to help Mack-Cali pay down a $400 million loan and credit facility it arranged with JPMorgan Chase Bank in May 2021. David J. Smetana, chief financial officer, said during the earning call that the company was also looking at disposal of excess land adding, “hotels probably are not part of our long-term kind of operating core portfolio. So those in total should be able to take care of the remaining line balance.” The post Mack-Cali selling waterfront trophy for $380M appeared first on Real Estate Weekly......»»

Category: realestateSource: realestateweeklySep 23rd, 2021

Bullish sentiment toward crypto assets increases with 8 of 10 people seeing bitcoin bounce above $56,000 by year"s end, says Voyager Digital

Cryptocurrency-asset broker Voyager said 85% of respondents to its sentiment survey believe bitcoin is now in a bull market. Bitcoin. Edward Smith/Getty Images Bitcoin is poised to rise above $56,000 by year's end, a wide majority of survey respondents told Voyager Digital. The cryptocurrency-asset broker also found that more people are bullish in bitcoin vs. the prior quarter. The uptick in bullish crypto sentiment comes in the face of increased regulatory scrutiny. See more stories on Insider's business page. Crypto investors have grown more optimistic about the price outlook for bitcoin and other digital assets in the last quarter, even in the face of more regulatory scrutiny, a new survey from Voyager Digital shows. According to the cryptocurrency-asset broker's third-quarter sentiment survey results sent to Insider, 8 out of 10 are bullish on bitcoin over the next three months. That's an uptick from the second quarter, when 7 out of 10 respondents held a bullish view on the market. The latest survey also found 8 out of 10 see bitcoin topping $56,000 by the end of 2021, representing a 27% rise from Thursday's price at around $44,000."As our user base continues to grow and digital asset adoption increases, our survey results suggest that a greater number of investors see Bitcoin as a better store of value compared to more traditional asset classes such as stocks, real estate, and government bonds," Steve Ehrlich, Voyager's founder and CEO, said in the survey statement."This is significant when you consider that over a fifth (22%) of respondents have been investing in crypto for over two years," and that it's likely many of them will consider not having exposure to traditional asset classes again, he said. The results also showed 40% expect bitcoin to trade above $71,000 at some point in the fourth quarter, topping the all-time high of $64,863 reached in April. The prior sentiment survey released in June said 38% had expected bitcoin to finish the third quarter between $56,000 and $70,000. Among altcoins, 40% of investors surveyed by Voyager were bullish on Cardano's ada token followed by ethereum at 16%.Scrutiny of the crypto market continued during the third quarter as US regulators sought more avenues to oversee the market. The Treasury Department and other agencies are quickly moving to target stablecoins for tighter regulation, The New York Times reported Thursday.And Securities and Exchange Commissioner Gary Gensler likened stable coins to "poker chips" in an interview with the Washington Post this week.He has also called on lawmakers to give the agency authority to legally monitor crypto exchanges. Last week, he said those exchanges need to "come in and talk" to the agency, just days after clashing with trading platform Coinbase over a lending product. Coinbase has since dropped its plans for Lend. Meanwhile, big-money investors are shying away from bitcoin futures and pivoting to ethereum futures as expectations for bitcoin soften, according to JPMorgan analysts. They noted that in September, bitcoin futures on the Chicago Mercantile Exchange have traded below the price of an actual bitcoin.Read the original article on Business Insider.....»»

Category: topSource: businessinsiderSep 23rd, 2021

JPMorgan: Institutional Investors Are Piling Into Ethereum, Leaving Bitcoin

JPMorgan: Institutional Investors Are Piling Into Ethereum, Leaving Bitcoin It's not the first time that a major bank has expressed preference for ethereum over bitcoin: back in May, when Goldman published its initiating coverage on the crypto sector (available for professional subs in the usual place), the bank was surprisingly dismissive toward bitcoin which it saw as an electricity-draining Proof-of-Work, one trick pony... ... while praising ethereum (which is well on its way to becoming a much more efficient Proof-of-Stake in its Ethereum 2.0 metamorphosis) which it summarized as having the potential to one day become the "amazon of information" to wit: It’s all about information As the value of the coin is dependent on the value of the trustworthy information, blockchain technology has gravitated toward those industries where trust is most essential—finance, law and medicine. For the Bitcoin blockchain, this information is the record of every balance sheet in the network, and the transactions between them—originally the role of banks. In the case of a smart contract—a piece of code that executes according to a pre-set rule—on Ethereum, both the terms of that contract (the code) and the state of the contract (executed or not) are the information validated on the Ethereum blockchain. As a result, the counterparty in the contract cannot claim a transfer of funds without the network forming a consensus that the contract was indeed executed. In our view the most valuable crypto assets will be those that help verify the most critical information in the economy. Over time, the decentralized nature of the network will diminish concerns about storing personal data on the blockchain. One’s digital profile could contain personal data including asset ownership, medical history and even IP rights. Since this information is immutable—it cannot be changed without consensus—the trusted information can then be tokenized and traded. A blockchain platform like Ethereum could potentially become a large market for vendors of trusted information, like Amazon is for consumer goods today. Ether beats bitcoin as a store of value Given the importance of real uses in determining store of value, ether has high chance of overtaking bitcoin as the dominant digital store of value. The Ethereum ecosystem supports smart contracts and provides developers a way to create new applications on its platform. Most decentralized finance (DeFi) applications are being built on the Ethereum network, and most non-fungible tokens (NFTs) issued today are purchased using ether. The greater number of transactions in ether versus bitcoin reflects this dominance. As cryptocurrency use in DeFi and NFTs becomes more widespread, ether will build its own first-mover advantage in applied crypto technology. Ethereum can also be used to store almost any information securely and privately on a decentralized ledger. And this information can be tokenized and traded. This means that the Ethereum platform has the potential to become a large market for trusted information. We are seeing glimpses of that today with the sale of digital art and collectibles online through the use of NFTs. But this is a tiny peek at its actual practical uses. For example, individuals can store and sell their medical data through Ethereum to pharma research companies. A digital profile on Ethereum could contain personal data including asset ownership, medical history and even IP rights. Ethereum also has the benefit of running on a decentralized global server base rather than a centralized one like Amazon or Microsoft, possibly providing a solution to concerns about sharing personal data. We bring this up because overnight the assault on bitcoin - while praising bitcoin - was repeated by that "other" big bank, JPMorgan, which concluded that institutional investors are showing "a strong preference for ethereum versus bitcoin". It made this determination by looking at both the relative futures spread to spot for the two cryptos, as well as the relative institutional open interest in bitcoin vs ethereum. Starting with bitcoin, JPM's Nick Panigirtzoglou writes that this month’s correction in crypto markets saw bitcoin futures shifting into backwardation after spending August in contango. The charts below show the 21-day rolling average of the 2nd CME Bitcoin futures spread over spot since the beginning of 2018. According to JPM, bitcoin's backwardation "is a setback for bitcoin and a reflection of weak demand by institutional investors that tend to use regulated CME futures contracts to gain exposure to bitcoin." Why is this notable? Because as JPM explains, in a normal environment when demand for Bitcoin futures is not particularly weak, Bitcoin futures trade at a positive spread over spot, i.e. the futures curve is in contango. The typically high (above 5% annualized) futures to spot spread is a function of the high “risk-free” rate or opportunity cost implicit in crypto markets. Lending USD in crypto markets typically attracts annual interest rates of 5-10%, and this high “risk-free” rate is a common component in the futures vs. spot arbitrage trade across both bitcoin and ethereum futures. This high “risk-free” rate or opportunity cost is also likely a reflection of how “crypto-rich” and “cashpoor” crypto markets still are. Adding to this elevated “risk-free” rate storage costs of around 2% per annum, as well as similarly high transaction costs given the fragmentation in crypto markets, one can easily see why futures to spot spreads of as high as 10% per annum could be justified in a normal market environment in bitcoin or ethereum futures. But when demand is particularly weak and price expectations turn bearish, the futures curve shifts into backwardation. This was the case between last May and July as shown in Figure 11 above for CME Bitcoin futures. As a result, JPMorgan believes that the return to backwardation in September is a negative signal pointing to weak demand for bitcoin by institutional investors. In contrast, the largest US bank points to the ethereum futures chart which remains in contango and if anything this contango steepened in September towards a 7% annualized pace (on a 21-day rolling average basis). This, as Panigirtzoglou summarizes, "points to much healthier demand for ethereum vs. bitcoin by institutional investors." The strong divergence in demand is also evident in JPM's futures position proxy shown below; it has been rising for ethereum and declining for bitcoin steadily since August. Tyler Durden Thu, 09/23/2021 - 14:40.....»»

Category: worldSource: nytSep 23rd, 2021

26 of the best beach houses on Airbnb in the US where the sand is just steps away

These are the best Airbnb beach house rentals in the US, from an oceanfront Malibu home in California to a condo on the water with a pool in Florida. When you buy through our links, Insider may earn an affiliate commission. Learn more. Airbnb Beach vacations are always top of mind for a relaxing, warm-weather getaway. Many Airbnbs are found along the best beaches in the US, with direct beachfront or private access. From Malibu to Cape Cod, these are the best beach homes on Airbnb, from $100 to $650 per night. Table of Contents: Masthead StickyAirbnbs with beachfront access continue to rank among the most searched for filters on the vacation rental platform.After all, who doesn't want to wake up to the sound of waves crashing right outside their back porch, or take a moonlit stroll along the sand after the sun goes down? Though, if you'd prefer to cool off in an Airbnb with a private pool instead, we have plenty of options for that, too. And if hotels are more your thing, here are the best beach hotels in the US.If a beach vacation is on your mind, from sea to shining blue sea there's no shortage of beautiful Airbnb beach houses across the US.Browse all Airbnb beach houses below, or jump to a specific area here:The best Airbnb beach houses in the NortheastThe best Airbnb beach houses in the SouthThe best Airbnb beach houses in the WestFAQ: Airbnb beach housesHow we selected the best beach houses on AirbnbFind more great beach house rentalsThese are the best Airbnb beach houses, sorted by region and price from low to high. BI Charming beachfront cottage on the Jersey Shore This cottage's private back deck leads straight to the beach. Airbnb Book this New Jersey beach home on AirbnbTypical starting price: $270Town: Cape MaySleeps: 2 guests/1 bedroomRating: 4.93Set along one of the Jersey Shore's most charming seaside towns, Cape May, this cozy bayfront cottage with one bedroom is best suited for couples and solo travelers, though it is also pet-friendly.It's important to note, this is a two-family home and while this space is completely private and uses a separate entrance, the other side of the house is occupied, which might not work for some guests. You are also required to bring your own linens to fit the Queen-sized bed.The location, however, is unparalleled and you'll love spending time on the private back deck, which includes a hammock and leads directly out to the beach. The front porch with chairs and an umbrella adds additional space for enjoying the sea breeze.Inside, the decor is simple but includes a red leather couch, an all-white kitchen with a dining table for two, and ocean photos in the bedroom.  Beach suite in Massachusetts This lovely beachfront suite includes beach passes and options for in-house massages and whale watching excursions. Airbnb Book this Massachusetts beach home on AirbnbTypical starting price: $299Town: GloucesterSleeps: 2 guests/1 bedroomRating: 4.98The charming seaside town of Gloucester, pronounced Glah-Sta, in coastal New England comes alive in the summertime. From long walks on a private beach to romantic dinners on the deck, this one-bedroom beachside retreat will make a great getaway for couples. Not only does the property come with a beachfront location, but beach passes are included, which would otherwise run between $25 to $30 per day. You may also book add-ons like in-house massages and whale watching expeditions directly with the host.While this is a separate guest suite with its own private entrance, the entire cottage consists of three units that are each rented separately. Though, you can combine listings to book the entire property.  Home by the sea in Maine Take in over 175 feet of mesmerizing oceanfront views from the roof deck. Airbnb Book this Maine beach house on AirbnbTypical starting price: $350Town: YorkSleeps: 4 guests/2 bedroomsRating: 4.94Just one hour north of Boston and one hour south of Portland, Maine, the Little Sea Star Castle is tucked away along Nubble Point in York Beach, Maine. One of 12 oceanside cottages within the LightHouse Village Colony, the house is set on nearly two acres with over 175 feet of oceanfront splendor with sunny, southern exposure and rugged rocky coastlines.The cottage offers plenty of space to lounge. A roof deck has panoramic views over the ocean, and the lawn has Adirondack chairs and a picnic table for outdoor dining. The kitchen has everything needed to make yourself at home, and beachy accents like starfish pillows and mini sailboats on the dressers keep the home on theme.The location is stellar, among scenic walking trails along the water. Bayfront oasis in Maryland Bayfront views are a captivating sight, and available throughout the home. Airbnb Book this Ocean City beach house on AirbnbTypical starting price: $395Town: Ocean CitySleeps: 5 guests/2 bedroomsRating: 4.92Offering uninterrupted bayfront views, this cozy townhome in Ocean City, Maryland is the ideal locale for your beach vacation. Sip morning coffee on the private balcony, enjoy steamed crabs on the large bayfront deck, or kick back with a cocktail and watch the sunset from the living room. The layout is an open-living concept with a master bedroom upstairs with a private balcony and a King-size bed. The second bedroom has a Queen bed and there's also a beige striped sectional couch that converts to a bed in the living room. Wicker furniture and deep blue quilts give this home a subtle beach vibe.Located on a corner lot of the bay, the owner is explicit that this is not meant for partiers or large group gatherings. If you're looking for a chill and relaxing beach getaway, this is the place for you. Beachfront home with bay views in Delaware Each room in this coastal home features scenic water views. Airbnb Book this Delaware beach home on AirbnbTypical starting price: $425Town: MiltonSleeps: 6 guests/4 bedroomsRating: 5.0Featuring both beachfront and bay views, this spacious four-bedroom, three-bathroom home in the quiet community of Broadkill Beach in Milton, Delaware offers unobstructed water views from almost every room. The home features a coastal design with plenty of natural light and soft tones. The well-equipped kitchen has unique tiling, a large island, and turquoise bar stools for grabbing a quick bite or enjoying a cup of coffee.One room includes bunk beds decked out in comforters with a cute whale pattern for kids. The location is peacefully quiet and primed to enjoy beautiful sunrises over the bay. Large oceanfront house with great views in Maine Luxury finishes couple with panoramic ocean views at this delightful property. Airbnb Book this Maine beach house on AirbnbTypical starting price: $613Town: SacoSleeps: 8 guests/2 bedroomsRating: 4.71If luxury finishes and panoramic views of the ocean sounds like your kind of vibe, then consider this oceanfront haunt in Saco, Maine. Enjoy coffee or wine from the upstairs balcony before taking a walk along Ferry Beach or Camp Ellis Pier.Ideal for bigger groups, the listing has two bedrooms and common spaces that sleep up to eight people. Though, the standout draw is no doubt the beachfront location and gorgeous water views, along with the surrounding quiet community. The home offers the chance to catch particularly stunning sunrises and sunsets.Other perks include a Smart TV with Netflix, beach chairs, and free parking included in the stay, as well as a digital guidebook handy for helping guests explore the area. Chic beachfront cottage in New York's North Fork of Long Island A minimalist interior style creates a tranquil ambiance. Airbnb Book this North Fork beach home on AirbnbTypical starting price: $650Town: RiverheadSleeps: 5 guests/2 bedroomsRating: 4.96Set on a secluded stretch of Long Island's illustrious North Fork, this two-bedroom beachfront cottage is a great place to hang by the beach or go wine tasting at one of the area's many charming vineyards.Wander along the private beach path or open up the floor-to-ceiling glass sliders that lead to a picturesque deck to dine at the picnic-style outdoor table, or relax on the plush lounger. An Airbnb Plus listing, the cottage's chic palette features crisp, minimalist whites and neutrals, creating a sense of serene seaside solitude for a quiet getaway. After a walk on the sand, rinse off in the outdoor shower while savoring water views. BI Cozy home on the North Carolina shore The nautical-themed living room has a picturesque balcony overlooking the ocean. Airbnb Book this North Carolina beach home on AirbnbTypical starting price: $100Town: North Topsail BeachSleeps: 6 guests/1 bedroomsRating: 4.91A cute condo directly on North Topsail Beach in North Carolina, this is a great option for couples or small families looking for a low-key beach getaway. The bedroom has a Queen bed and there are also Twin bunk beds built directly into the hallway.Completely renovated in 2020, the apartment has a nautical-beach theme with soft blue and yellow hues, and big living room windows frame beach views. You can also head out to the balcony for a closer look. Bright colors and floral decor give this home a warm, welcoming vibe, and a seashell bed quilt and striped bar stools at the eating nook add additional beach flair. Oceanfront condo with a pool in Florida Beachy accents like a mermaid statue and marine-inspired colors set a scene that creates a real sense of place. Airbnb Book this Florida beach home with a pool on AirbnbTypical starting price: $132Town: Cape CanaveralSleeps: 4 guests/1 bedroomRating: 4.95Serenity awaits at this casual oceanfront condo in Florida's Cape Canaveral. Set on a beautiful private beach, this Airbnb Plus stands out for its whimsical decor and thoughtful amenities, which include blues of every hue from the turquoise velvet armchair to the robin's egg backsplash in the kitchen. A mirror made out of oars, a mermaid statue, and an octopus painting over the couch are all fun touches for a beach home.This is also a great place to spend your time kayaking, paddle boarding, or enjoying some much-needed downtime just lounging on the beach or pool, which are both just a few steps away. Within minutes of downtown Port Canaveral and the iconic Cocoa Beach Pier, there's plenty to do right nearby. Ocean and bay view beach house in Texas The Bolivar Flats, Anahuac national wildlife refuge, and the Smith Oak sanctuary are all nearby and great for birdwatching. Airbnb Book this Texas beach home on AirbnbTypical starting price: $130Town: Bolivar PeninsulaSleeps: 6 guests/2 bedroomsRating: 4.97Located on the bayside of the Bolivar Peninsula on Texas' Gulf Coast, this home offers one bedroom and a lofted room, plus plenty of views of both the Gulf of Mexico and East Bay. It's also just a few miles away from popular bird-watching areas including Bolivar Flats, Anahuac national wildlife refuge, and the Smith Oak sanctuary.Bright and airy, this house is perched on stilts, and underneath, you'll have a grill and a private sitting area. However, the wraparound porch is likely where you'll spend the bulk of your time, soaking in the view from the wooden Adirondack chairs.Inside isn't bad either, with soaring pitched ceilings, a big blue sectional sofa, and marble countertops and bar stools in the kitchen. Waterfront beach bungalow in North Carolina This homey bungalow has its own private beach. Airbnb Book this North Carolina beach home on AirbnbTypical starting price: $145Town: JarvisburgSleeps: 4 guests/1 bedroomRating: 4.94Relax on your own private beach or hop in a kayak and explore miles of pristine, undeveloped beaches and cypress tree-filled coves from this bungalow in Jarvisburg, North Carolina set at the confluence of the North River and the Albemarle Sound.The home is pet-friendly, and the bedroom offers a Queen sized bed as well as a futon for extra guests if you don't mind the squeeze.While not exactly modern, the bungalow has a homey vibe with string lights along the ceiling, a bright desk and bookcase, and purple cushions on the futon. The location is tranquil and fun amenities include a charcoal grill and outdoor fire pit. The house is only 15-minutes away from unspoiled shorelines and the beaches of the Outer Banks. Home overlooking the sound in North Carolina The spacious home's dock makes it easy to get out on the water. Airbnb Book this North Carolina beach home on AirbnbTypical starting price: $157Town: HertfordSleeps: 10 guests/4 bedroomsRating: 4.69Step into the backyard of this spacious home on the Albemarle Sound and you'll find nothing but peace and tranquility. Located in a quiet neighborhood in Hertford, North Carolina, the house is nice for bigger families or groups of friends.Start and end your day on the dock, which comes with a bench to sit and watch the sunrise. Apart from the views directly overlooking the sound, highlights include the coffee bar in the kitchen, a gas log fireplace in the living room, and a fully covered and screened-in porch for enjoying home-cooked barbecue from the grill.The house also comes with a washer/dryer and high-speed Wi-Fi. Chesapeake Bay beach cabin in Virginia The decor is simple with a subtle ocean theme. Airbnb Book this Virginia beach home on AirbnbTypical starting price: $199Town: NorfolkSleeps: 6 guests/3 bedroomsRating: 4.95A brand new beach cabin on the Chesapeake Bay, this spacious home is steps from the beach.During the warm months, watch the sailing regattas from the balcony on Wednesday and Sunday evenings, or walk to nearby Ocean View Beach Park to listen to live music.The decor is simple but useful, with wicker furniture accents, ocean-themed artwork, wood floors, and a big kitchen. A plaid couch and floral armchair are comfy spots to relax, though they may feel a bit dated. A patio out back adds additional hangout space. A rustic cottage in Florida This cottage has a large outdoor deck with a fire pit and access to a secluded beach. Airbnb Book this Florida cottage on AirbnbTypical starting price: $275Town: St.Augustine Sleeps: 2 guests/1 bedroom Rating: 4.90The pinewood interior and absence of electronic appliances bring an old-fashioned feel to this cottage. The cottage was originally built in 1946, but each room has been remodeled since except for the corner kitchen. The master bedroom has a plush Queen-size bed where you can fall asleep to the sounds of nearby waves crashing. Although you won't find a TV or phone, there are various ways to indulge in this home's rustic charm. A large outdoor deck overlooks an uncrowded beach and has a fire pit for chilly nights. Visit in summer and you may catch a glimpse of the sea turtles that dwell by the deck. Waterfront nest cottage in Mississippi Lounge on the spacious front porch for stunning views of the Gulf of Mexico. Airbnb Book this Mississippi beach house on AirbnbTypical starting price: $279Town: Long BeachSleeps: 4 guests/2 bedroomsRating: 4.97Set on the Mississippi Gulf Coast on ever-popular Long Beach, this waterfront cottage features breathtaking views over the Gulf of Mexico from its spacious front porch and has direct beach access.The two bedrooms can easily accommodate up to six people and inviting outdoor wicker furniture is framed by idyllic views.Inside, modern interiors include a spacious kitchen with marble countertops, soaking tubs in the bathrooms, and living room couches that face the water.  Pet-friendly oceanfront condo with pool access in South Carolina Staying here comes with access to a community pool, beaches, and bike rentals. Airbnb Book this South Carolina beach home on AirbnbTypical starting price: $261Town: Saint Helena IslandSleeps: 6 guests/2 bedroomsRating: 4.97Watch dolphins from the private balcony, walk to the beach, or laze the day away by the pool —  this oceanfront condo in South Carolina offers it all.Located in a private community just a stone's throw from one of the state's most beguiling beaches at Hunting Island State Park, the area offers miles of unspoiled beaches and is frequented by birders and nature lovers for some of the best animal sightings in the area.This second-floor condo offers one Queen bedroom and a second bedroom with a Twin bed. Guests have access to the community pool, beach, and two bikes. The unit also comes with a washer and dryer and is great for families with pets looking for a low-country getaway. Oceanfront condo in South Carolina Enjoy access to a private fishing pier, a community pool, and a pretty South Carolina beach. Airbnb Book this South Carolina beach house on AirbnbTypical starting price: $291Town: Isle of PalmsSleeps: 4 guests/1 bedroomsRating: 4.98Watch the waves roll in as you enjoy your morning coffee on the private terrace from this modern Isle of Palms condo in South Carolina. Newly renovated, this third-floor condo is especially nice for families with young children since it offers a King-size bed in the master and a bunk bed in the hallway. The decor is tasteful but beachy with coral pillows, a gray sofa, velvet armchairs, and a modern kitchen has a funky blue stone backsplash.The building has easy access to the beach and a private fishing pier, as well as a community pool and coin laundry facility.  Spacious beach house in South Carolina This expansive home is perched on half an acre on Port Royal Sound with private beach access. Airbnb Book this Hilton Head beach house on AirbnbTypical starting price: $332Town: Hilton HeadSleeps: 10 guests/3 bedroomsRating: 4.85Located on half an acre along Port Royal Sound, this three-bed, four-bath manse is capable of sleeping up to 10 people. Adjacent to a 40-acre nature preserve, staying here comes with direct views over the sound, plus private access to the beach. With an expansive, well-groomed yard for playing or relaxing under large oak trees covered in Spanish Moss, the house is also open to those looking to host a small, picture-perfect wedding or retreat with the beach and ocean as the backdrop.If this home is booked up, consider our other picks for the best vacation homes on Hilton Head Island. Beach house on a private island in South Carolina Escape to your very own private island off of Hilton Head with a beach all to yourself. Airbnb Book this private island beach house on AirbnbTypical starting price: $589Town: Hilton HeadSleeps: 6 guests/3 bedroomsRating: 4.94Instead of renting a regular old cottage on the beach, opt to claim your own private island here on Old House Cay. Accessible only by boat, this is as secluded and off-the-grid as it gets.Just a 10-minute ride away from neighboring Hilton Head Island in South Carolina, the home is part of a series of private islands that you'll have all to yourself over your stay. Experience everything from boating, fishing, and kayaking to simply lounging around the island and going for long beach walks. As far as getting around, the owners will take you and your guests back and forth from Hilton Head on their private boat as needed.Accommodations include a large, multi-story home with gorgeous wood floors, high ceilings, a modern kitchen, and a big blue dining table with room for the whole crew. All wood walls give it a hint of a cabin feel, while bright pillows and quilts add pops of color. A wooden deck with a fire pit out front is a lovely place to relax or make s'mores into the evening.  BI Beachfront condo in Southern California The beach is only a few steps away from this quaint second-floor condo. Airbnb Book this California beach house on AirbnbTypical starting price: $283Town: CarlsbadSleeps: 3 guests/1 bedroomRating: 4.90Open your door and step directly onto the sand at this charming beachfront condo in Carlsbad, California, near San Diego. Within walking distance to Carlsbad Village, this home is close to restaurants and boutiques, with a cozy set-up that is best suited to solo travelers and couples. The two-story condo unit is on the ground floor and features a brick fireplace, a small dining table and kitchen, a blue sofa with colorful pillows, and a private balcony with a table and chairs that overlook the ocean, which is just a few feet away. Beach house on a cove in Oregon A backyard trail leads to Shelter Cove where orcas often reside. Airbnb Book this Oregon beach house on AirbnbTypical starting price: $275Town: Port OrfordSleeps: 6 guests/3 bedroomsRating: 4.91Set on a cul-de-sac in the quiet neighborhood of Port Orford along the Oregon coast, this three-bedroom beach house is protected by old-growth forest and faces a cove where orcas are known to stay and take shelter.With gorgeous bay windows and total privacy within the neighborhood, along with private beach access and unobstructed views of the Lighthouse at Cape Blanco, it's tough to beat the spectacular setting. A private trail off the backyard takes you directly to Shelter Cove.The house itself offers big windows for a light and airy feel, with neutral colors of grays and creams, huge bedrooms, and a porch with a dining table, as well as a small fire pit in the yard. Cozy ocean view cabin in Northern California Breathe in the ocean air and spend time whale watching from this cliffside cabin. Airbnb Book this California beach house on AirbnbTypical starting price: $300Town: TrinidadSleeps: 5 guests/2 bedroomsRating: 4.97Tucked away in verdant Patrick Point State Park in northern California, this rustic two-bedroom cabin has incredible ocean views amid a lush forest. Top-rated features include the oversized hot tub, a picnic area overlooking the ocean, and a fire pit for roasting marshmallows after a long day. The yard offers ample space and lucky guests might even spot whales from the Adirondack chairs perched atop the lawn.The house is set on steep cliffs, which means you'll have phenomenal views, but won't be able to walk right out onto the beach. Instead, you will have to wind your way down to the shores below. Oceanview apartment in Northern California This cliffside home offers romantic views of the Pacific Ocean and Black Sands Beach. Airbnb Book this Northern California beach house on AirbnbTypical starting price: $348Town: WhitethornSleeps: 3 guests/1 bedroomRating: 4.92Overlooking the Pacific and Black Sands Beach, this one-bedroom cliffside home is lovely for a romantic trip.Inside, you'll find a private entrance and a wrap-around deck. The bedroom has a California King bed, plus a modern kitchen, bathroom, and a living room with a fireplace. There is even a private hot tub that directly faces the ocean.Take the trail from the home leading to the beach or walk or bike to any of the nearby beaches, restaurants, cafes, bars, and golf courses. The owner notes that you will need a car to get around and this home has a strict no pets policy and isn't suitable for young children. Posh beachfront apartment in Malibu This charming home has a sun-drenched interior, airy open-plan layout. Airbnb Book this Malibu beach home on AirbnbTypical starting price: $514Town: MalibuSleeps: 2 guests/1 bedroomRating: 4.99This sweet one-bedroom Airbnb Plus listing is well-placed on the iconic shores of Malibu for sweeping, dramatic views that feel plucked from a Nicholas Sparks novel.Light and airy, this seaside haven is impeccably decorated with pristine white fixtures that stand out against natural wood floors and beams. Unique details like a small, wire Eiffel Tower perched on an antique desk and old framed letters and clippings add whimsical charm.Fall asleep to the sound of ocean waves after enjoying drinks on the deck as you catch a sunset. Just know that this home is incredibly popular and tends to book almost a year in advance. Pacific Ocean beachfront home in Encinitas, California Pacific Ocean views abound from every room. Airbnb Book this Californian beach home on AirbnbTypical starting price: $516Town: EncinitasSleeps: 4 guests/2 bedroomsRating: 4.90This beach home wows right away with its stunning panoramic ocean views, available throughout the house. However, they're especially impressive from the open plan living room thanks to its arched beam ceilings that make the space feel airy and breezy.The unobstructed views are also sure to dazzle from the multiple patios, which come with a grill, lounge chairs, an outdoor shower, and a private stairway leading to the sand.The amenities are also nicely appointed, with a  fireplace, full kitchen with a wine fridge, and multiple bedrooms, some of which lead directly to the terrace.  Pet-friendly beach cottage with amazing views in Oregon This contemporary home has an outdoor shower, a gas fireplace, and a great balcony. Airbnb Book this Oregon beach cottage on AirbnbTypical starting price: $599Town: Cannon BeachSleeps: 5 guests/2 bedroomsRating: 4.98This modern beachfront home in beautiful, iconic Cannon Beach, Oregon has easy beach access just 100 feet from the front door. Inside, large picture windows offer unobstructed ocean views and a gas fireplace makes for a cozy spot. The outdoor shower is a nice way to rinse away sand after a beach day and the outdoor balcony is a great place to savor the sweeping views. At night, have a bonfire with s'mores in the yard.The pet-friendly home is located on a quiet residential street with free street parking and is within easy access of plenty of shops, grocery stores, and restaurants. FAQ: Airbnb beach houses Where is the best place to rent a beach house?The best place to rent a beach house depends on the type of beach and vacation you prefer. For year-round warm weather, look to places like Florida or Southern California.For the classic New England look of windswept beach grass, large dunes, and shingled cottages, you'll find great homes in places like Maine, Massachusetts, Connecticut, Rhode Island, and the Jersey Shore. For something posh, try the Hamptons.Bluer waters and warmer temps of course will be found within the South or West Coast, and the West Coast offers stunning scenery from California up to Oregon and Washington.How do I search for a beach house on Airbnb?You can specifically search for a beach house on Airbnb. First, input your preferred location and dates, then select More Filters, and refine results to only show beachfront homes by selecting the box that says Beachfront under Amenities.What should I look for in an Airbnb?Sorting through the vast array of homes available on Airbnb can be tough. Consider using criteria similar to what we use, which includes looking at the average rating, as well as reading up on recent reviews to ensure the home is still in top shape. Look for Superhosts and consider sorting by Airbnb Plus or Airbnb Luxe if you want a higher-end stay that's been vetted for exceptional amenities, decor, and hosting. Of course, for a beach getaway, location will be key. Be sure to look on the map and ensure before booking that the home is actually close to the beach. You don't want to arrive only to find out you actually need to take a 30-minute car ride before your toes can hit the sand. Is Airbnb safe?We strongly encourage following guidelines and advice from leading health organizations including the CDC and following local and state laws before planning a vacation of any kind. You should also be proactive when it comes to wearing a mask, washing your hands frequently, and maintaining social distancing no matter where you go.However, the CDC now recommends domestic travel as safe for fully vaccinated individuals.Experts also say that booking an entire home rental is one of the safest options for travelers right now because they eliminate encounters with others outside your traveling party, and because Airbnb mandates Enhanced Clean protocols that all hosts must now follow. What is Airbnb's cancellation policy?Cancellation policies on Airbnb differ from home to home and are set by each individual host. You can find a full breakdown of Airbnb's cancellation policies here. How we selected the best beach houses on Airbnb Every Airbnb listing is for the entire home, per current expert recommendation.All Airbnb homes are highly-rated listings with a rating of 4.7 or higher.All beach houses are located right on, or next to the beach.All take part in Airbnb's Enhanced Clean protocol program for added peace of mind.The homes offer strong value in terms of price, offerings, amenities, and location and are priced between $100 and $650 per night to start.Homes are available to book in the coming weeks and months, as of publishing. However, some homes are quite popular and book fast. Consider booking for a future vacation in a few months or next year. Find more great beach house rentals Airbnb The best Airbnbs on the Jersey ShoreThe best Airbnbs in the HamptonsThe best Airbnbs in Cape CodThe best Airbnbs in Hilton HeadThe best Airbnbs in FloridaThe best Airbnbs in Myrtle Beach The best Airbnbs in Virginia BeachThe best vacation rentals in the Outer BanksThe best vacation rentals in Ocean City  Read the original article on Business Insider.....»»

Category: worldSource: nytSep 23rd, 2021

Workday (WDAY) is a Top-Ranked Momentum Stock: Should You Buy?

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage. Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Scores?The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on.The Style Scores are broken down into four categories:Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time.Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.How Style Scores Work with the Zacks RankThe Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +25.41% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio.That's where the Style Scores come in.To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.Stock to Watch: Workday (WDAY)Founded in 2005 and headquartered in Pleasanton, CA, Workday Inc. (WDAY) is a provider of enterprise-level software solutions for financial management and human resource domains. The company’s cloud-based platform combines finance and HR in a single system that makes it easier for organizations to provide analytical insights and decision support.WDAY is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.Momentum investors should take note of this Computer and Technology stock. WDAY has a Momentum Style Score of A, and shares are up 10% over the past four weeks.27 analysts revised their earnings estimate upwards in the last 60 days for fiscal 2022. The Zacks Consensus Estimate has increased $0.67 to $3.60 per share. WDAY boasts an average earnings surprise of 34.5%.With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, WDAY should be on investors' short list. More Stock News: This Is Bigger than the iPhone! It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 77 billion devices by 2025, creating a $1.3 trillion market. Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 4 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2022.Click here for the 4 trades >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Workday, Inc. (WDAY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksSep 23rd, 2021

Cracker Barrel (CBRL) Up on Off-Premise Model Amid Inflation

Cracker Barrel's (CBRL) increased focus on its off-premise business model and continuous efforts for menu innovation bode well. Rise in labor and commodity costs are concerning. Cracker Barrel Old Country Store, Inc. CBRL continues to benefit from its off-premise business model, retail business and the acquisition of Maple Street Biscuit. The company’s cost-cutting and sales-building efforts also bode well.However, wage and commodity inflation are potential headwinds for the company. So far this year, shares of Cracker Barrel have gained 5.5%, underperforming the Zacks Retail – Restaurants industry’s 12.6% rise.Let’s take a look at the factors influencing this Zacks Rank #3 (Hold) company's growth. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Factors Driving GrowthMenu Renovation Driving Sales: Cracker Barrel is relentlessly focusing on rejuvenating its menu, which serves as the backbone of the company’s riveting growth potential. The company’s in-store menu features Fried Chicken Benedict bowl, a Ham n' Maple Bacon bowl, as well as a Sausage, Grits Cakes and Green Tomato Gravy bowl. The company believes that the platform will complement its all-day breakfast offering, drive check favorability and promote guest perceptions of menu variety. The company also plans for a dinner menu evolution by introducing new high-quality food items in the same. Going forward, the company expects to expand this initiative and evolve its menu to reinforce the core strength of desirable homestyle food. For fiscal 2022, it expects to shift to the breakfast menu, the first phase of which is streamlining the categories of breakfast offerings to alleviate confusion, enabling guest customization with a build-your-own homestyle breakfast and better highlighting the company’s value proposition.Sales-Building Efforts: In a bid to address the challenges of the competitive restaurant industry, Cracker Barrel undertakes extensive marketing efforts, mainly focusing on the brand’s differentiation, menu offering and its value. In order to drive traffic, Cracker Barrel relies heavily on seasonal promotions and limited-time offers to boost its top-line performance, as these are appealing to both regular and less-frequent guests. Robust sales-building efforts, vaccinations and the easing of capacity restrictions have helped the company achieve average weekly sales of nearly $59,000 in July, compared with $54,000 per week during April. The company also benefited from its beer and wine program, digital investments, and its menu-evolution efforts. In fiscal 2021, the introduction of a new dinner menu and the continued roll-out of beer and wine to the stores have helped the company to generate higher sales.Downsizing Cost: Cracker Barrel has an effective cost-cutting mechanism in place. The company undertakes various measures to keep costs under control. Currently, it is carrying out its cost-saving plan through its two prime initiatives — food waste and labor management. The company changed the structure in its retail sales and service functions, and now cross-trains its retail sales associate and cashier positions. During fiscal 2021, the company generated labor-related cost savings of $7.5 million, primarily driven by the strategic action it took during the fiscal third quarter. Incentive and other compensation costs also decreased during the period. On the utility front, the company has undertaken the implementation of LED lighting, which is being installed on the exteriors of its stores. This is likely to boost efficiencies and drive cost favorability, going forward. Meanwhile, the company expects costs savings of approximately $50 million over the long term.Off-Premise Sales: Cracker Barrel aims to meet its consumers' need for convenience via growth in its off-premise business. In fact, it plans to enhance its off-premise platform by introducing catering menu offering and in-store training of hourly employees. During fourth-quarter fiscal 2021, comparable store off-premise sales rose 108.6% from the fiscal 2019 level. Meanwhile, the company continues to focus on off-premise initiatives, such as curbside delivery, third-party delivery and family meal baskets. It also continues to invest in technology initiatives to enhance guests’ experience. The company is also very optimistic about single-location test of its virtual brand chicken and biscuits. It is planning to increase the test to 19 more locations. The company’s off-premise sales remained elevated in the fourth-quarter fiscal 2021 and more than doubled from the fourth-quarter fiscal 2019 level. It also retained nearly 75% of the peak off-premise growth from pre-COVID levels. For fiscal 2022, the company plans to drive off-premise sales through awareness building, advertising and partnerships with third-party delivery companies.Rewarding Shareholders: Cracker Barrel has been consistently enhancing shareholders’ returns through share repurchases and dividends. During fourth-quarter fiscal 2021, the company announced a hike in its quarterly dividend payout. It raised its quarterly dividend by 30%, which indicates its intention to utilize free cash for boosting shareholders’ returns. The company raised the quarterly dividend to $1.30 per share (or $5.20 annually) from the previous payout of $1.00 (or $4.00 annually). The hiked dividend will be payable on Nov 9, 2021, to shareholders of record as of Oct 22, 2021. Management has also approved share repurchases of up to $100 million. Image Source: Zacks Investment ResearchConcerns:Despite cost-saving initiatives, higher labor costs due to increased wages are expected to persistently keep Cracker Barrel’s profits under pressure. The company is apprehensive about inflationary costs that are likely to be incurred. Expenses for opening units are anticipated to hurt the company’s margins. During the fourth quarter of fiscal 2021, gross margin was pressured by commodity inflation of 5.1%. Anticipated wage and commodity inflation in the range of mid-to-high single digits for fiscal 2022 may hurt margins. The company expects inflation to be moderate across fiscal 2022.During fourth-quarter fiscal 2020, comparable store restaurant sales declined 6.8% from the level recorded in the same period in fiscal 2019.Three Retail – Restaurants Stocks Worth BuyingA few better-ranked stocks in the same industry include Jack in the Box Inc. JACK, The Wendy's Company WEN and Yum! Brands, Inc. YUM, each carrying a Zacks Rank #2 (Buy).Jack in the Box has a trailing four-quarter earnings surprise of 26.4%, on average.Wendy's and Yum! Brands’ earnings for 2021 are expected to rise 43.9% and 22.4%, respectively. More Stock News: This Is Bigger than the iPhone! It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 77 billion devices by 2025, creating a $1.3 trillion market. Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 4 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2022.Click here for the 4 trades >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Cracker Barrel Old Country Store, Inc. (CBRL): Free Stock Analysis Report Jack In The Box Inc. (JACK): Free Stock Analysis Report Yum Brands, Inc. (YUM): Free Stock Analysis Report The Wendys Company (WEN): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksSep 23rd, 2021

IBM, Telefonica to Build Cloud-Based 5G Core Network Platform

International Business Machines (IBM) signs a strategic multi-year agreement with Telefonica to use IBM intelligent automation software and services to implement UNICA Next. International Business Machines Corporation IBM has been awarded a multi-year agreement to help in building Telefonica’s first-ever Unica Next cloud-based 5G core network platform using IBM intelligent automation software and services.Telefonica has engaged IBM Global Business Services — the consultancy arm of IBM, Red Hat OpenShift and Juniper Networks Apstra, and QFX technology — to deploy an open-standard open-networking platform across multiple central, regional, and distributed data centers to deliver low latency and high bandwidth services.Telefonica expects to increase agility and data security with IBM's large network function ecosystem, Red Hat's vast ecosystem of certified partners, and Juniper's relationships with network function and hardware vendors.The integration of IBM Cloud Pak for Network Automation software with UNICA Next allows for intent-driven orchestration, supporting the end-to-end lifecycle management of different network cloud elements and network functions, including 5G core.The deployment of UNICA Next data centers is expected to start in October 2021 and its scalable architecture is designed to address ETSI and other relevant industry standards. Telefonica has already deployed a live implementation using the IBM Cloud for Telecommunications in Europe.International Business Machines Corporation Price and Consensus International Business Machines Corporation price-consensus-chart | International Business Machines Corporation QuoteIncreasing Adoption of Automation Offerings Boosts ProspectsIBM is focused on improving its AI-powered automation offerings. In June, this Zacks Rank #3 (Hold) company introduced a hybrid cloud AI-powered automation software for telcos. This software can be accessed through the new IBM Cloud Pak for Network Automation, which is engineered to run in a wide range of environments on Red Hat OpenShift. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.The acquisition of Turbonomic complements IBM's takeover of Instana for APM and observability, and the launch of IBM Cloud Pak for Watson AIOps to automate IT operations using AI. The company plans to integrate Turbonomic's ARM software with the APM and real-time observability capabilities of Instana and the ITOps capabilities of IBM Cloud Pak for Watson AIOps to help customers assure application performance and minimize costs by driving optimization across development, test, and production environments.IBM has also collaborated with Telefonica to create a virtual assistant and a blockchain platform based on open hybrid cloud technologies. These solutions will help enterprises streamline customer services and improve how companies trace their assets throughout the supply chain.IBM’s expanded push into AIOps comes as a growing number of players are adding AI-based automation including Cisco-AppDynamics, Splunk SPLK, Datadog DDOG, Micro Focus, BigPanda, Moogsoft, and PagerDuty PD.Nonetheless, in addition to improving AI-powered automation offerings, IBM is growing its cloud business. The company considers hybrid cloud to have enormous revenue-generating potential. According to a Mordor Intelligence report, the hybrid cloud market is expected to witness a CAGR of 18.73% over the 2021-2026 period.However, escalating costs of the hybrid cloud platform amid intensifying competition in the cloud vertical from dominant players like AWS, Azure, and Google Cloud pose a major headwind. More Stock News: This Is Bigger than the iPhone! It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 77 billion devices by 2025, creating a $1.3 trillion market. Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 4 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2022.Click here for the 4 trades >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report International Business Machines Corporation (IBM): Free Stock Analysis Report Splunk Inc. (SPLK): Free Stock Analysis Report PagerDuty Inc. (PD): Free Stock Analysis Report Datadog, Inc. (DDOG): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksSep 23rd, 2021

Advertisers demand agencies prove their eco credentials

In this week's Insider Advertising newsletter we're covering sustainability metrics in RFPs, supply-chain issues for ad plans, and Facebook's comms. Hello and welcome back to Insider Advertising, your weekly look at the biggest stories and trends affecting Madison Avenue and beyond. I'm Lara O'Reilly, Insider's media and advertising editor. If this was forwarded to you, sign up here.As we gear up for the big holiday quarter, Facebook advertisers are already experiencing their nightmare before Christmas as Apple's recent privacy changes take effect. In a blog post Wednesday, Facebook said some advertisers' post-iOS 14 difficulties were hitting harder than they had expected. Some of those issues could be attributed to Facebook underreporting conversions on iOS devices by about 15%, the company said. Direct-to-consumer and so-called performance advertisers in particular are bracing for a bumpy Q4.Let's get you caught up on this week's other big advertising news:Marketers are pushing their ad agencies to be eco-friendlySupply-chain shortages are affecting ad plansFacebook is embarking on a more defensive comms approachIt's not easy being green Investors can make this happen, if they want to. Frank Bienewald/LightRocket via Getty Images It's been a little over five years since big brands like General Mills and HP made headlines by setting out requirements for their ad agencies to diversify their workforces.Now, an increasing number of advertisers are also asking agencies pitching for their business to lay out their sustainability commitments, the Insider correspondent Patrick Coffee reports, quoting one agency exec who said it's now part of every pitch.But while sustainability metrics are now front and center of many RFPs, I'd wager that few advertisers are at the point where they can audit compliance with the promises being made."It's an important part of any process, but many of the areas can be quite challenging on an ongoing basis," Ryan Kangisser, the managing partner of strategy at the media-advisory firm MediaSense, told me. What's more, as the coronavirus pandemic forced nearly all businesses to significantly rev up their e-commerce operations, some advertisers could do well with turning the mirror back on themselves. Global delivery volume records that were set last year are likely to be smashed once again in the holiday quarter."As e-commerce gets bigger, we all have to recognize the energy and power required to fuel all the e-commerce sites and clicks and transactions that are exponentially exploding at the moment," said Richard Robinson, a managing director of the pitch consultancy Oystercatchers.Yet, Robinson said, when brands are leaned on to ask who is ultimately responsible for sustainable e-commerce within their companies - The CMO? CDO? IT? Supply chain? - many execs still don't have a solid answer."The e-commerce kahuna is everyone's inconvenient secret at the moment," Robinson added.Hey big spenderAs e-commerce spending continues to soar through 2021 and beyond, so too is retailer spending on digital ads.Retail has long been the biggest-spending sector on digital ads in the US - which makes sense, as it's the category with the clearest visibility about whether the ads drove a sale. eMarketer; Taylor Tyson/Insider Insider Intelligence forecasts US retailer digital ad spending will blast through the $50 billion mark in 2022 - "a mark that no other industry will approach in the next couple of years," the Insider-owned research company's analysts wrote. In fact, Insider Intelligence doesn't predict any other single category will spend more than $20 billion in digital ads a year until 2023.In the meantime, retailers and e-commerce companies like Walmart, Target, and Instacart are busily building their own ad businesses and taking on the market leader Amazon by using their valuable first-party data to help advertisers target the shoppers most likely to buy their products. Insider Intelligence estimates that US retail media ad spending will grow almost 28% to reach $24 billion this year.You can't always get what you want FILE PHOTO: A General Motors assembly worker works on assembling a V6 engine, used in a variety of GM cars, trucks and crossovers, at the GM Romulus Powertrain plant in Romulus, Michigan, U.S. August 21, 2019. Rebecca Cook/File Photo Insider's senior reporter Lauren Johnson reports: Supply-chain issues are affecting ad spend, Ad Age reported, and it's not just mom and pops grappling to stock their shelves.Automakers like GM are also contending with big issues that make it hard to get their products to people, and big names are cutting advertising spend as a result, according to four agency sources who handle ad buying for the auto industry.One ad buyer said GM brands like Ford and Chevy, as well as the Dutch automaker Stellantis, cut ad spend earlier this year in response to computer-chip shortages that slashed production cycles, adding that car brands shifted their messaging from selling new vehicles to encouraging people to buy used cars at local dealerships. Representatives for Ford, Chevy, and Stellantis did not respond to requests for comment.Agency sources said that such cuts had hit mostly TV advertising and that in cases in which only some of a brand's products were unavailable, advertisers redirected digital ad spend to promote in-stock items with performance tactics like programmatic advertising that can track sales of products.Read more: KFC isn't advertising chicken tenders on TV because of supply-chain shortagesSorry seems to be the hardest word Facebook CEO Mark Zuckerberg in New York City on Friday, October 25, 2019. AP Photo/Mark Lennihan A few years ago, as sure as spring would turn to summer and summer to fall, it felt as if the latest Facebook mea culpa was only ever a few months away. (The Washington Post even made a handy timeline.) Yet while Facebook has been significantly ramping up its own ad spend of late, don't expect to see any more full-page apology ads from the social network in your favorite newspaper anytime soon.As The New York Times reported, amid the weight of negative scrutiny on the company, Facebook's communications execs are pressing on with a different strategy: No more apologies.That attack-dog approach has been in plain view following The Wall Street Journal's explosive "Facebook Files" investigative series, which uncovered a litany of serious issues on that platform that the company appears to be aware of but has failed to fully address.Facebook's vice president of global affairs, Nick Clegg, fired back with his "What the Wall Street Journal Got Wrong" blog post. Mark Zuckerberg, who personally hasn't responded to The Journal's reporting, instead wagged his finger at The Times for implying he had posted a video of himself riding an "electric surfboard" instead of a hydrofoil. Over on Twitter, a Facebook representative sought to play down The Times' reporting of "Project Amplify," the social network's initiative to show people positive stories about the company on the platform.Meanwhile, the heat on Facebook shows no sign of petering out:Another Facebook ad boycott could be around the cornerSenators said they'd investigate Facebook's internal research into Instagram's effects on the mental health of young usersOne of Wall Street's top internet analysts says Facebook and Instagram user satisfaction just dropped to all-time lowsRecommended readingWaze CMO Erin Clift has left amid leadership shake-up at the Google-owned company - InsiderRoku is rolling out a new tool to compete with Facebook and Google for the $16 billion local advertising market - InsiderAT&T CEO John Stankey says he's unhappy with the company's brand and is planning a more future-facing refresh - CNBCVideoAmp has begun testing its cross-platform TV- and video-measurement ratings alternative with five major ad holding companies - CampaignAudi is looking for a new ad agency to handle its $185 million ad business - InsiderTikTok insiders describe how parent company ByteDance's culture principles, called 'ByteStyles,' are used to reward and reprimand - InsiderSee you next week - and in the meantime please do continue sending your feedback and news tips for this newsletter to loreilly@insider.com Read the original article on Business Insider.....»»

Category: topSource: businessinsiderSep 23rd, 2021

Transforming Connections Into Relationships: Central Alabama Broker Focuses on Support and the Experience

Anna-Marie Ellison Broker/Owner, ERA King Real Estate Anniston, Alabama www.era.com/era-king-real-estate–568c Region served: Central Alabama Years in real estate: 15 Number of offices: 10 Number of agents: 202 Jordan Grice: How did you come to partner with ERA, and how has the partnership helped mold your brokerage? Anna-Marie Ellison: ERA is all about building relationships, the […] The post Transforming Connections Into Relationships: Central Alabama Broker Focuses on Support and the Experience appeared first on RISMedia. Anna-Marie Ellison Broker/Owner, ERA King Real Estate Anniston, Alabama www.era.com/era-king-real-estate–568c Region served: Central Alabama Years in real estate: 15 Number of offices: 10 Number of agents: 202 Jordan Grice: How did you come to partner with ERA, and how has the partnership helped mold your brokerage? Anna-Marie Ellison: ERA is all about building relationships, the power of the network and collaboration, and the brand aligns with who we are as a company. It was a natural fit for us to partner with them. JG: What traits do you look for in agents, and how do you attract top talent? AEM: We’re constantly trying to build connections with agents at other companies so that any time they begin thinking about where they are in their careers, we have an at-bat to talk to them about what we offer our agents and how we help support their business. That said, we’re always on the lookout for great agents. If they’re top agents and produce a lot, that’s great, but it’s more important that they’re aligned with the core values and ethos we have for our agents. JG: What values do you promote at ERA King Real Estate to help your agents succeed? AEM: Our charge is to do the right thing all the time. We want our agents to deliver a consistently exceptional experience to their clients, and we help them do that by providing support—a ton of professional development for agents looking to get better and hone their craft. We want them to keep their REALTOR® hats on and let us handle the office and administrative project-management responsibilities to get a client from listing to closing. JG: What strategies have you implemented to snag listings during this time of limited inventory? AEM: We focus on building a relationship. You’ve got your core people and your sphere people, but what are you doing to get to know their family and help them make the best decision for them? A house is the largest purchase that many people make, so act like it and build relationships around that. JG: How do you and your agents approach the client experience? AEM: Here in the south, you have a Publix shopping experience and a Winn-Dixie or Walmart shopping experience when buying groceries. We try and model the Publix shopping experience for our business, which involves under-promising, over-delivering and exceeding expectations. We also encourage our agents to be predictive of what they think their clients are going to need. JG: How does tech use fit into your brokerage’s daily business strategy? AEM: While tech is a tool to help us support relationships with our agents, it also allows our agents to support their relationships with their clients. We’re a paperless company, and we’ve supported that initiative since 2016. It allows our agents to move more nimbly in this market where inventory is tight. As a result, our agents didn’t have to pivot when the pandemic began because we had a digital platform for them to work remotely within our framework. JG: What advice do you provide your agents regarding how they incorporate tech into their business strategies? AEM: Don’t change anything until you’re ready to work on your business. Adopting tech is like establishing a new habit. You can’t give it a week or two weeks and complain that it isn’t working. Agents sometimes get distracted by the latest shiny thing, but they have to give tech, or any process and workflow change, enough time to evaluate if it’s truly worth it. For more information, please visit www.era.com. Jordan Grice is RISMedia’s associate content editor. Email him your real estate news ideas to jgrice@rismedia.com. The post Transforming Connections Into Relationships: Central Alabama Broker Focuses on Support and the Experience appeared first on RISMedia......»»

Category: realestateSource: rismediaSep 23rd, 2021

Facebook"s longtime CTO says he"s stepping down, one of the biggest leadership changes in company history

Mike Schroepfer has been Facebook's tech chief since 2013. His departure is one of its first major leadership changes in nearly a decade. Facebook CTO Mike Schroepfer. Greg Sandoval/Business Insider Facebook's CTO, Mike Schroepfer, said on Wednesday that he would step down sometime next year. Schroepfer is one of the longest-serving execs in CEO Mark Zuckerberg's inner circle and has been tech chief since 2013. Facebook's virtual reality czar, Andrew Bosworth, will take over. See more stories on Insider's business page. Facebook's chief technology officer and a longtime Facebook employee is stepping down from the role, headed to a new part-time and much different position.The tech chief, Mike Schroepfer, said in a post to his own Facebook page on Wednesday that he would leave the role sometime in 2022. He will then be replaced by Andrew Bosworth, currently the leader of Facebook's augmented and virtual reality division, further signalling Facebook's push into that business. Schroepfer has been CTO since 2013. The news was first reported by Bloomberg.Bosworth is another early Facebook employee and member of CEO Mark Zuckerberg's inner circle who has steadily moved up through the ranks. He joined in 2006, two years before Schroepfer, and was one of the company's earlier executives with the title of vice president. Over the years, Bosworth, known as Boz, helped build central parts of the platform, including its News Feed, Messages, and Groups, before moving on to augmented and virtual reality projects. "This is a difficult decision because of how much I love Facebook and how excited I am about the future we are building together," Schroepfer wrote in his post. But he is not leaving the company entirely. He said he is to become a "senior fellow" within Facebook next year, a first-of-its-kind role at the company, although he did not say what exactly the role will entail.Zuckerberg called Schroepfer "a close friend" in a statement on Facebook's press site and said he had "played a critical role in almost everything we've done." He added that the senior fellow position will see Schroepfer helping with recruitment and "continuing to foster our AI investments."Schroepfer is among the first of Facebook's true old-guard to move away from the company, having been there for 13 years. But other executive departures have come in recent months. David Fischer, Facebook's chief revenue officer, announced his exit in spring. Then VR leader Hugo Barra left, as did advertising head Carolyn Everson, and app head Fidji Simo.Not everyone is cheering the change, however. Samidh Chakrabarti, who was previously a director of product management at Facebook, suggested on Twitter that a Facebook without Schroepfer is "worrisome.""After I left FB earlier this month, many existing employees asked me who could now best be their ally on matters of societal import," Chakrabarti wrote. "Who was on my short list every single time? Schrep. So this is indeed significant."-Samidh (@samidh) September 22, 2021 In the post announcing his job change, Schroepfer said that Bosworth was responsible for the creation of Facebook's entire AR and VR organization thus far, now called Facebook Realty Labs, and led research efforts and hardware rollouts like Oculus and Portal."These contributions are foundational components of our broader efforts to help build the metaverse," Schroepfer said. Zuckerberg echoed that point, saying in his note that Bosworth's work is "foundational to our broader efforts helping to build the metaverse, and I'm excited about the future of this work under Boz's leadership."Zuckerberg has been a fierce advocate for Facebook's push into AR and VR, saying on an earnings call earlier this year that he wants it to be "a metaverse company." The term "metaverse" refers to a manifestation of the social, physical world in digital space, like in the games "Animal Crossing" or "Second Life" - or, as Zuckerberg put it, ​​"an embodied internet that you're inside of rather than just looking at.""I wanted to discuss this now so that you can see the future that we're working towards and how our major initiatives across the company are going to map to that," he said at the time.Do you work at Facebook? Got a tip? Contact this reporter at khays@insider.com or via secure messaging service Signal at 949-280-0267. Reach out using a non-work device.Read the original article on Business Insider.....»»

Category: worldSource: nytSep 22nd, 2021

First look: OneValley celebrates opening of Pittsburgh"s latest coworking space following $13.7 million renovation of former locomotive roundhouse

Silicon Valley-based entrepreneurship platform OneValley celebrated the opening of its new coworking space, the Roundhouse at Hazelwood Green, following $13.7 million in renovations and additions made to a former locomotive storage and repair building. The facility, which spans 26,000 gross square feet, will operate on a membership basis with different tiers, allowing the next generation of startup founders and entrepreneurs to access services ranging from the renting of a desk a few days a month….....»»

Category: topSource: bizjournalsSep 22nd, 2021

ALTCOINS TO BUY: Crypto experts share the best investing opportunities they"re seeing outside of bitcoin

Insider has talked to several experts about which altcoins they like most, why they're bullish, and what they recommend others should be buying now. In this photo illustration of the litecoin, ripple and ethereum cryptocurrency 'altcoins' sit arranged for a photograph Jack Taylor/Getty Image Thousands of cryptocurrencies now exist. It can be difficult to pick winners in such a saturated space. Insider has asked several experts about where they see the biggest opportunities in altcoins. See more stories on Insider's business page. Cryptocurrencies have exploded in popularity over the last several months. Of course, the most popular remains bitcoin.But some other smaller cryptos are gaining serious steam as well, as the concept of digital currencies continues to seep into the public consciousness.However, it can be difficult to know which cryptocurrencies to invest in, or whether you should in the first place. There are currently thousands of different types of coins on the market. And some - like dogecoin, which was founded as a joke - don't appear to be serious. Others, like some built on the Ethereum blockchain, appear to have better use cases. And overall, there are legitimate concerns over whether the altcoin boom is unsustainable and will soon come crashing down.Crypto is an esoteric domain - its intricacies can be difficult to understand, especially for those new to the space.To help cut through the noise, Insider has talked to several experts about which altcoins - cryptocurrencies other than bitcoin - they believe have the best upside. These experts also described the fundamentals and technicals that make these altcoins attractive. Their views are shared in the articles below.imghed with link and appendage blurb Coach JV, crypto investor and founder of 3T Warrior Academy. Coach JV 4 altcoins to buy: A 12-year banking veteran says the biggest generational wealth transfer that's about to take place will trigger a 'parabolic' bull run in crypto. He explains how he's maximizing gains on the cryptos he's holding.John Vasquez quit a 12-year banking career to dive into crypto full-time.He's betting that the massive wealth transfer from baby boomers to their younger heirs will lead to a crypto boom.Vasquez, known as Coach JV on social media, explained what people should know about crypto before investing and the altcoins he's buying. Adrian Zduńczyk. Adrian Zduńczyk 5 altcoins that could surge 10-100x in the coming 'legendary' altcoin season that outshines bitcoin, according to a crypto technical analyst who's holding themCrypto technical analyst Adrian Zduńczyk says some altcoins due to outperform bitcoin in a "legendary" way. Zduńczyk is the founder and CEO of the Birb Nest, a trading platform. He shared five altcoins with us that he thinks could surge 10-100 times. Matthew Sigel is the head of digital assets research at VanEck. VanEck The head of digital assets research at an $81 billion money manager breaks down 3 drivers fueling the $2 trillion crypto market's latest bull run - and shares 3 competing altcoins to ethereum, including one that could nearly double in the next yearEthereum is the second-biggest cryptocurrency at the moment, sitting behind bitcoin. But it has problems like expensive transaction fees. Matthew Sigel, head of digital asset research at VanEck, shares three altcoins to rival ether. Evergrande is China's second-biggest property developer. Noel Celis/Getty Images A trader who warned of the 2017 and 2021 bitcoin bull market tops shares 4 altcoins he's bullish on for the long-term - but breaks down why Evergrande's crisis is keeping him away from crypto at the momentThe looming debt crisis of Chinese real estate developer Evergrande sent shockwaves through global equity markets in September - and crypto was not spared.Given the recent sell-offs, Goodman said he was keeping his money on the sidelines in the crypto space until prices appear to be in an uptrend again. He shared four projects he thinks can do well in the longer-term. STR/NurPhoto via Getty Images Bitcoin is ready for a 'monster run' up to $85,000 if it clears a key resistance level, a crypto evangelist predicts - and shares 7 altcoins he's bullish on nowEthereum's major upgrade in early August led to a 9.6% intraday price spike, and investors haven't yet sold the positive news. That's one reason why David Gokhshtein is bullish. He also told us his theses for six smaller altcoins he owns. A local business in El Salvador that accepts bitcoin payments. Alex Pena/Anadolu Agency via Getty Images Why crypto crashed: 4 experts break down what Tuesday's sudden drop might mean for the altcoin season and NFT frenzy - and share 12 high-quality tokens that are likely to continue rallying toward the year's endVarious cryptos tumbled on Tuesday September 7 as El Salvador officially adopted bitcoin as legal tender. By the following morning, more than $3.25 billion in crypto positions had been liquidated over 24 hours, affecting more than 300,000 traders, according to Bybit. We asked experts what was driving the sell-off, and where they recommended buying dips. Dogecoin is a 'meme' cryptocurrency, seemingly created as a joke Yuriko Nakao/Getty The chief economist of a blockchain data firm breaks down why the current dogecoin rally has more legs to run - and lays out why 'anything is possible' for the altcoin, including reaching $1When dogecoin rose over 12,000% to $0.68 earlier this year, it shocked the investing community. It has since cooled off, though its price has picked up in recent weeks. It now sits around $.027. What will it do next? Chainalysis chief economist Philip Gradwell broke down why he think it will go to $1. crypto coins circle Nurphoto WATCH: Crypto analyst David Grider and venture capital investor Ria Bhutoria discuss state of the market, under-the-radar altcoins, and outlook on regulationInsider recently hosted a live webcast featuring two crypto experts. They broke down their views on everything from the recent slump to the possibility of regulation. Lyn Alden is the founder of Lyn Alden Investment Strategy Lyn Alden Investment Strategy Bitcoin to $100,000 and ether to $5,000: Famed investment strategist Lyn Alden explains her bullish predictions for the largest cryptos in 2022, and why there are only 2 altcoins worth watchingLyn Alden says most altcoins are "smoke and mirrors." But there are at least two with interesting technologies that are worth watching. Marnie Griffiths/Getty A crypto evangelist explains why he's going 'all in on altcoins' - and shares why he's worried about bitcoin whales taking over that marketAs some altcoins have shown, there is potential for huge appreciation in crypto outside of bitcoin. David Gokhshtein is one investor that's looking to take advantage of these opportunities. He shared two altcoins he's bullish on. Mack Lorden, left, and Lucas Dimos are TikTok crypto influencers. Mack Lorden and Lucas Dimos 2 crypto traders and TikTok influencers share their 6 go-to altcoins for riding out crypto bear markets - including one that's up more than 11,000% since its launch in 2017The broader crypto space just went through a rough patch after huge gains earlier this year. Like any asset class, it has its bull and bear markets. When crypto bear markets do come, crypto influencers Mack Lorden and Lucas Dimos told us that six altcoins in particular help them hedge losses. Many investors are excited about the Ethereum network's uses. SOPA Images/Getty Images The head of institutional coverage at crypto trading platform FalconX shares 9 Ethereum-tied digital tokens to take advantage of the DeFi revolution - and breaks down why Ethereum still has 'significant' upsideMany altcoins are built on top of the Ethereum blockchain. Aya Kantorovich, the head of institutional coverage at crypto exchange FalconX, shared nine coins built on top of the ethereum blockchain that she thinks have solid use cases."I personally always like coins with application," Kantorovich said.Read the original article on Business Insider.....»»

Category: worldSource: nytSep 22nd, 2021

Lightstone funds $18M refi’ on Westchester apartment complex

Lightstone Capital, Lightstone’s real estate debt platform, has provided an $18 million loan to The Confluent Group to refinance a substantially completed boutique multifamily complex in Westchester County, New York. The project, 33 Calvert Street, is a four-story 24-unit complex in the Town of Harrison, an affluent suburb of New York City. It... The post Lightstone funds $18M refi’ on Westchester apartment complex appeared first on Real Estate Weekly. Lightstone Capital, Lightstone’s real estate debt platform, has provided an $18 million loan to The Confluent Group to refinance a substantially completed boutique multifamily complex in Westchester County, New York. The project, 33 Calvert Street, is a four-story 24-unit complex in the Town of Harrison, an affluent suburb of New York City. It is comprised of 15 townhomes with private entrances and balconies, along with nine penthouse units on the upper floor with private rooftop cabanas. The property also contains a 40-space, covered parking garage and approximately 600 square feet of commercial space.  It sits adjacent to the Harrison train station, just a 40-minute ride from Manhattan. The $18 million first mortgage will refinance an existing construction loan and fund the balance of the remaining work, which is expected to be completed by Q4 of 2021. The Confluent Group, led by CEO David Gross and Head of Development Taylor Klemm, includes former NBA stars Luol Deng and Charlie Villanueva as investors. “We’re excited to partner with Lightstone on this project, and hopefully future projects,” said Gross. “Their deep insight into the Westchester market, along with their ability to immediately grasp our vision for the project and to structure a solution to support it made for an incredibly fluid process.” “This will be an incredible building, and a successful project for Confluent and Lightstone,” added Deng.  “I view this as the start of a long-term relationship and look forward to working with the Lightstone team on an ongoing basis.”  “This is such a unique project catering to an underserved multifamily market in a highly desirable location,” said Eugene Rozovsky, Senior Managing Director of Lightstone Capital. “The Covid-19 pandemic led to various delays and setbacks that hindered the sponsors’ ability to move forward efficiently. We were able to step in quickly to provide a much more palatable financing solution, allowing the team to finish all remaining work along with a further runway to lease up and stabilize the property.” This project follows other significant transactions closed recently by Lightstone Capital, such as: $20.1 million acquisition loan for a multifamily property in Houston TX (September 2021)$25 million mezzanine loan for the acquisition of an industrial property in San Bernardino County, CA (August 2021)$9 million acquisition loan for an industrial portfolio in Queens, NY (July 2021)$12 million senior loan to refinance recently built multifamily property in San Diego, CA (July 2021)$16.2 million senior loan to refinance a multifamily portfolio in Brooklyn, NY (June 2021)$56.5 million senior loan to refinance a residential condo development in New York, NY (May 2021) The post Lightstone funds $18M refi’ on Westchester apartment complex appeared first on Real Estate Weekly......»»

Category: realestateSource: realestateweeklySep 22nd, 2021

EverWest hits the bullseye with $57M Queens warehouse acquisition

In its second tri-state industrial acquisition this month, EverWest Real Estate Investors has closed on a 70,500 s/f industrial building in Maspeth, Queens, for $57.25 million. The property sits on 2.9 acres at 55-30 46th Street, in a prime location for last-mile industrial and e-commerce distribution, with over 20 million... The post EverWest hits the bullseye with $57M Queens warehouse acquisition appeared first on Real Estate Weekly. In its second tri-state industrial acquisition this month, EverWest Real Estate Investors has closed on a 70,500 s/f industrial building in Maspeth, Queens, for $57.25 million. The property sits on 2.9 acres at 55-30 46th Street, in a prime location for last-mile industrial and e-commerce distribution, with over 20 million consumers throughout the New York metro region. It features rear loading, 30 ft. clear height and generous truck court and parking areas. The multi-tenanted building is fully occupied by local food distributors. EverWest’s Director of Northeast Acquisitions Stephen Feinberg directed the transaction. The seller, Gary Korn, managing director at Wharton Industrial, was represented by Walker & Dunlop’sMo Beler, Aaron Appel, Jonathan Schwartz, Adam Schwartz, Keith Kurland and Michael Diaz. “This property is an irreplaceable bullseye location in the heart of Maspeth,” said Feinberg. “Its rare low coverage ratio and ample on-site parking capabilities make it an ideal last-mile, high-throughput distribution facility,” Wharton Industrial, is a platform of real estate investment firm Wharton Equity Partners. Peter C. Lewis, founder & chairman of Wharton Equity Partners, commented, “This property represents a near-perfect fit for that strategy, offering a prime location in the heart of the country’s largest metropolis, with an existing facility that can support the needs of a wide variety of modern tenants. We are proud to announce the successful sale of this site and look forward to continuing our work supporting the region’s industrial infrastructure and generating superior returns for our investors.” The post EverWest hits the bullseye with $57M Queens warehouse acquisition appeared first on Real Estate Weekly......»»

Category: realestateSource: realestateweeklySep 22nd, 2021

Robinhood is launching its long-awaited crypto wallet next year and will begin testing the feature with users starting in October

The uncapped waitlist for the crypto wallet will be released on Wednesday ahead of the launch. Rivals Coinbase and Gemini already offer their own. Jakub Porzycki/NurPhoto via Getty Images Robinhood is launching its crypto wallet early next year. It will test the wallet as part of an "alpha program" in October, Robinhood crypto COO Christine Brown told Insider. The uncapped waitlist for the wallet will be released on Wednesday ahead of the launch, she added. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Robinhood Markets is launching its long-awaited cryptocurrency wallet early next year after the online brokerage firm fine-tunes the new product based on user feedback, cryptocurrency chief operating operator Christine Brown told Insider. The firm will test the new product as part of an "alpha program" in October. Alpha testing will enable Robinhood to give some users early access to pre-released versions of the app while receiving real-time comments."We're building in public," Brown told Insider. "We're going to have a handful of select customers come in and build alongside us ... We're giving them the ability to actually shape what we end up releasing later on."The feedback they gather, Brown said, will be shared in the company's blog. The uncapped waitlist for the cryptocurrency wallet will be released on Wednesday ahead of the launch, she added.Robinhood's users have been waiting for a cryptocurrency wallet feature, and rivals Coinbase and Gemini already offer their own. Robinhood Although Robinhood users can trade cryptocurrencies, a wallet will allow them to manage their holdings within the app. At the moment, users cannot store, manage, or swap digital assets in and out of their accounts, making exchanges like Kraken and CEX.IO more attractive for crypto traders. But beginning October, some users will be able to store and secure their crypto on the investing app and receive supported cryptocurrencies into their account.Though it has lagged some rivals in the space, chief product officer Aparna Chennapragada said the phased rollout of the wallet was deliberate. The popular trading app, she said, was prioritizing three things backed by research: general accessibility, product safety, and customer feedback. "Robinhood has always been about broadening the access and expanding access to the market so we want to develop the product in a way that works for everybody," Chennapragada told Insider, adding that the wallet is meant for both "crypto nerds" and beginners. With the new feature, she said Robinhood is building towards its vision of being a one-stop-shop service where users can trade stocks and cryptocurrencies. CEO Vlad Tenev announced in July that the company was aware of the demand for a wallet, and users could expect one at some point. In March, he promised the company would get one to users "as fast as possible."Robinhood, which says it will maintain commission-free crypto trades, said nearly 60% of its users bought or sold digital assets on its platform, and that many new customers made their first trade in crypto, rather than stocks.The platform also launched its recurring crypto investment feature on Wednesday. It allows users to automatically invest in tokens on a set schedule.Digital assets made up 51% of Robinhood's transaction-based revenue in the second quarter of this year, with dogecoin trades making up 62% of crypto revenue, the company said.Read the original article on Business Insider.....»»

Category: topSource: businessinsiderSep 22nd, 2021

8 entry-level jobs in tech that don"t require a STEM degree

Yanira Guzmán, who pivoted to tech from education, says positions in creative strategy and customer support are a good way to get started. Certain STEM related career paths, such as customer success manager, can help you enter the tech industry with little or no experience. Ngampol Thongsai/EyeEm/Getty Images Not all jobs in the tech industry require a STEM background for entry-level candidates. Tech companies also need employees for social media management and customer service positions. Depending on the role, creative and analytical skills can be just as important as technical proficiency. See more stories on Insider's business page. Tech is an ever-changing field responsible for many of the newest innovations we use every day - making it an exciting industry to work in. And even though people often assume that entering the tech industry as an entry-level candidate requires a STEM (science, technology, engineering, and mathematics) degree or strong computer coding skills, that's not the case.Although STEM degrees are highly valued for certain roles within tech, technology companies typically also have plenty of jobs that don't require a computer science major or strong technical background. For example, finance, sales, marketing, and recruitment are just some of the departments at tech companies that hire people without STEM backgrounds. In short, there's a range of entry-level roles in tech for people with all kinds of skill sets.I pivoted from the education industry into tech with a non-STEM degree myself. And as a career coach, I help my clients position themselves for their next roles - many of which are entry-level roles in tech. So I've had a chance to see which jobs are particularly promising for recent grads and other candidates with zero to three years of experience.Here are just some of the entry-level roles in tech that I've seen people enter with technical and other backgrounds.1. Customer success manager (CSM) Average salary: $69,829Customer success managers (CSMs) ensure that a service sold by a tech company (typically software as a service, or SaaS) runs smoothly throughout implementation. Working closely with sales representatives, a CSM comes into play toward the end of the sales process. Upon closing the sale, the sales representative typically makes a warm introduction between the customer and the CSM, who becomes the main point of contact between the customer and the company."A CSM is proactive," said Joshua Encarnacion, a leadership development expert and former talent leader for three tech-industry startups. "They influence the behavior of the customer. They make sure the onboarding happens by nurturing them, ensuring the customer is satisfied," and ultimately prevent any problems from developing.A CSM must have strong communication and presentation skills since they spend much of their time engaging with customers and communicating customer feedback to their company's product team. These are common transferable skills you likely learned during college courses or in an internship or part-time job. In addition, CSMs utilize project management skills throughout the length of a client's contract. A CSM role can lead into other roles in customer care such as customer service team lead, or, ultimately, vice president of customer experience. Or you might decide to pursue other roles in tech such as product manager or marketing strategist.2. Help desk support technicianAverage salary: $41,686Help desk support technicians and membership experience support associates work with customers to troubleshoot and/or resolve issues with their company's technologies. Unlike the CSM role, these roles are reactive - they respond when a customer reaches out with a specific problem. Individuals in these roles must be familiar with hardware, software, and network configuration. They must also be able to document the steps they took throughout the resolution process.In addition to the aforementioned technical skills, people in these jobs need to possess interpersonal skills that allow them to pick up on customers' emotions (albeit virtually or over the phone), respond to their problems quickly with a calm demeanor, and, if needed, de-escalate tense situations. Member experience associate or help desk support roles may feed into information technology (IT) roles such as systems administrator, network administrator, or head of IT, or into customer experience roles like customer service manager or account manager.3. Technical consultantAverage salary: $76,522Consultants advise others on their areas of expertise. Although most consultant jobs are not entry-level roles, many tech companies offer 24-month consultant rotational training programs for recent university graduates. Engineering or computer science graduates tend to serve as technical consultants (a.k.a., customer engineers) directly working with customers as technical advisors or subject matter experts (SMEs) in a specific technology, said Jose Luis Niño de Guzman, a university recruiter for a Seattle-based tech company.Technical consultants must demonstrate "adaptability, collaboration, [and] the ability to overcome obstacles," Niño de Guzman said. They can choose to continue their career path as consultants or they'll be well set up to move into other fields such as sales or product development.4. Social media strategistAverage salary: $53,534Social media strategists conceptualize, organize, and manage the social media presence of a company. Within the last decade, social media platforms (e.g., Twitter, Facebook, Snapchat, Instagram, TikTok, LinkedIn, and Pinterest) have grown tremendously. Each platform has its own purpose, feel, rules of engagement, and target audience, and most tech companies want to have a social presence across many or all of them. Therefore, social media strategists must not only know how each platform and its algorithms work and how to read its analytics, but also understand how to create content that is meaningful for its respective user base.Social media strategists need to be creative. Depending on the specific role, they may also need analytical skills, writing skills, and possibly even design skills. They must also stay up-to-date on social media trends and figure out ways to increase engagement. Those who've held entry-level social media roles can grow into social media managers, more generalized marketing managers, digital marketing leads, or digital marketing directors, or pursue a number of other careers in marketing.5. Web developerAverage salary: $60,287Web developers code, build, and update websites for companies. They fall into three categories: front end, back end, or full stack. A front-end developer works on the interface of a website - i.e., what the user sees. A back-end developer works on the programming a user can't see that makes a website function - i.e., what's "under the hood." And a full-stack developer works on both the front end and the back end of a website. Regardless of which role you choose, as a web developer you should know how to code and be knowledgeable in HTML, Java, C++, or other web development coding languages.To come in as an entry-level web developer, you should have a portfolio of websites that you've created or worked on. You should be able not only to show what you've already accomplished, but also to explain why you chose specific techniques and how you decided on a course of action based on the goals you wanted to achieve with the site. Web developer jobs can eventually lead to senior developer, technology director, or chief technology officer roles.6. Talent acquisition coordinatorAverage salary: $49,369Talent acquisition coordinators assist recruiters in finding promising prospects (a.k.a., candidates) for open roles within their company and ensuring they have a great experience throughout the recruiting process. They're responsible for scheduling interviews and following up with prospective candidates, for example. Tech companies need talent acquisition coordinators because they, like all companies, want to find the best possible candidates for every job.Talent acquisition coordinators must demonstrate strong communication and organizational skills along with the ability to work with hiring managers and others across multiple departments so they can understand how to best fill a variety of roles. Familiarity with sourcing programs (e.g., LinkedIn, ZipRecruiter, Indeed) is a plus, but they can often be learned on the job.The key differentiator that sets a strong talent acquisition coordinator apart is the ability to put themselves in a prospect's shoes. For instance, a talent acquisition coordinator should be able to tell a recruiter, "Hey, this candidate hasn't heard from us in three days and they're waiting for a response. Can I go ahead and send them this email?" Companies don't want to lose strong prospects because they feel like they've been "ghosted" -i.e., the company took too long to respond or didn't reach back out at all.As a result of the robust project management, project tracking, coordinating, and customer-facing skills talent acquisition coordinators develop, they have several options in furthering their career. They may continue within talent and recruitment, move toward other human resources or learning and development roles, or pivot to another role in tech.7. Software developerAverage salary: $72,619Software developers (sometimes called software engineers) write computer code to build new programs or features or solve problems with existing software. They generally fall into the same three categories as web developers (front end, back end, and full stack).Software developers must have a background in computer science or coding. Knowing the coding language or languages used in the role they're seeking - such as Python, Java, JavaScript, CSS, or SQL - is a plus (though if you're proficient in one language, it's usually easy to pick up another). When building teams, Encarnacion looks for software developers who can solve problems in a mathematical way and are able to explain their thought process and reasoning."Nobody writes a product on their own; it's done in a team," Encarnacion said. So a software developer needs to be able to effectively collaborate and communicate the "why" of their coding actions to their team members.As their careers progress, software developers can choose the management track and become product or engineering managers, product or engineering directors, and VPs of product or engineering. Or they can choose the technical track and move into positions like architect or technical fellow where they're thinking more broadly about how products are built and which technologies are best to use.8. UX designerAverage salary: $74,776A UX (user experience) designer figures out the visual component of a piece of technology - i.e., they design what the user will see and interact with. UX designers collaborate with both customers and their own colleagues to ensure that any products or services their company develops work well and are user friendly.In addition to using their creativity and design skills to imagine the look and feel of a product or feature, UX designers facilitate user groups and document their thoughts, feelings, words, and behaviors in relation to a specific problem that the tech company is trying to solve. Their main function is to constantly update and refine user interfaces to improve the customer's experience by really understanding human behavior. Throughout the entire development process, UX designers ask themselves:How do humans interact with technology?Why does this person use this app more than another app?How does the design influence the user's behavior and engagement with the app?Since the essential job responsibilities of UX designers are heavily centered on human behavior, this an appealing entry-level role in tech for those with non-STEM degrees, including graphic design or psychology grads (who also have design skills). UX designers may advance into roles such as senior UX designer, director of product development, or creative director.As you can see, there's a range of different roles in the technology industry. Some roles rely first and foremost on coding and other technical skills, some blend both technical and non-technical skills, and other roles don't require a heavy tech skill set at all. A number of different departments are needed to make a tech company run smoothly and create the world's next great technologies. So whether or not you have a background in STEM, there's an entry-level role that might be perfect for you.Read the original article on Business Insider.....»»

Category: topSource: businessinsiderSep 22nd, 2021

‘Under Evolutionary Attack’: How a Hilton Head Broker Leans on Technology to Tackle the ‘Amazon Effect’

Chip Collins is one of those leaders who has come out of pandemic times better than before. With his team out of the office for more than a year, Collins—the broker-in-charge/owner of Collins Group Realty in Hilton Head, South Carolina—adapted and modified operations with technology to meet the changing needs of his employees, agents and, […] The post ‘Under Evolutionary Attack’: How a Hilton Head Broker Leans on Technology to Tackle the ‘Amazon Effect’ appeared first on RISMedia. Chip Collins is one of those leaders who has come out of pandemic times better than before. With his team out of the office for more than a year, Collins—the broker-in-charge/owner of Collins Group Realty in Hilton Head, South Carolina—adapted and modified operations with technology to meet the changing needs of his employees, agents and, most importantly, the consumer. As Collins says, “Wouldn’t it be a shame to have gone through all this and not evolve? Not learn something new that we can employ and be different and better moving forward?” This is the very attitude that has helped propel Collins to success over his 25 years in real estate, nearly 20 of which has been spent at the firm that bears his name. And the need to evolve to help agents better serve consumers has never been more necessary than during the past year and a half. “Pre-COVID, we were already a destination where people were telecommuting,” Collins explains. “That accelerated once people were seeking low density areas and outdoor space. The craziness, overlaid with price appreciation, created a lot of mobility.” It also created a lot of buyer fatigue. “We have to rework some of the nomenclature and the mindset to make sure people don’t talk themselves out of being involved in the market,” says Collins. Collins has built his business model around what the consumer needs. “We are an industry that is under evolutionary attack,” he explains. “We can’t fight against that, but what we can do is focus on delivering the best real estate transaction and building clients for life by expressing ourselves with care.” To help deliver on the experience consumers have come to expect—what Collins refers to as “the Amazon effect”—he and his team have leaned into powerful technology, such as BoomTown, which offers CRM, lead gen, lead management and more. “We’re blessed with a great partnership with BoomTown,” says Collins. “Their tech stack is filled with resources that make the client experience more of what they’ve come to expect.” And Collins strongly believes that consumers should expect a lot of service for what they pay. “If the commission structure is to stay intact,” he says, “agents are charged with bringing a lot more value to the table—market knowledge and care that goes beyond the sale.” According to Collins, technology goes hand in hand with a modern consumer experience, and platforms like BoomTown and others, which help automate workflows and communications to clients, help his team provide a high level of value. “Whether it’s a drip campaign or continuity plan, BoomTown triggers your next to-do items.” The baked-in accountability that the BoomTown platform provides is especially valuable with the many balls Collins and his team are juggling in today’s market. The technology solutions the company provides have been life-changing for Collins and his team. “It’s all about showing people the value of a piece of technology,” he explains. “You create these ‘aha’ moments…when the team is in synergy with that technology, it translates over to the consumer.” And the response from Collins Group Realty’s clients says it all. “We get the best accolades from people telling us how quality the experience was,” says Collins. “They saw that we had the answers, anticipated their needs and provided information.” Ultimately, partnerships like BoomTown help secure ongoing success for Collins and his team. As he explains, “When you look at every transaction, every communication with a caring lens, that’s where our value comes from.” For more information, please visit www.boomtownroi.com. Maria Patterson is RISMedia’s executive editor. Email her your real estate news ideas to maria@rismedia.com. The post ‘Under Evolutionary Attack’: How a Hilton Head Broker Leans on Technology to Tackle the ‘Amazon Effect’ appeared first on RISMedia......»»

Category: realestateSource: rismediaSep 22nd, 2021

Startup Spotlight: Wharton-backed Card Curator is building ‘smart’ credit card tech to maximize points, miles

PHL Inno's weekly "Startup Spotlight" feature highlights founders and new businesses cropping up in the region. The startup: Card Curator, a website and app that makes personalized recommendations for what kinds of credit cards its members should use to reach goals, like cash rewards or airline miles Founded: 2018 Home base: Philadelphia  Founder: John Garner is an MBA student at the Wharton School of the University of Pennsylvania who left his job as a volatility trader to build the platform.….....»»

Category: topSource: bizjournalsSep 21st, 2021