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Streaming may be everywhere, but DVDs are far from dead. Here's why collectors stock up on thousands of physical discs even as film goes digital.

Ben, who goes by the name Cinema Adherent on Reddit, has 5,000 titles lined on shelves in his home. Reddit user Cinema Adherent The streaming market is booming, but movie lovers are still buying DVDs and Blu-Rays. Collectors told Insider that physical discs offer higher movie quality than streaming services do. Even Netflix, which started in the DVD business, still makes money renting discs to customers. See more stories on Insider's business page. Streaming companies appear to be domi...
Tags: Hbo, New York, Disney, US, Trends, Netflix, Reddit, Louisiana, Cnbc, Ben, Vinny, Adam, Blu Ray, Alberta Canada, Hebert, Blu Rays


Miami could become the crypto capital of the world, with help from its large expatriate population, say finance experts

The CEO of Bitstop expects more than hundreds of bitcoin ATMs to be installed in southern Miami within the next 12 months. Art Wager/Getty Images Miami has one of the largest expatriate populations in the US. Many citizens have no bank account and instead use crypto to send money to family overseas. Two finance experts explain more about Miami's crypto-friendly characteristics. See more stories on Insider's business page. Back in March, Miami's mayor, Francis Suarez, said he w...
Tags: Florida, US, Trends, Nba, Argentina, Miami, Nicaragua, Cuba, Central America, Suarez, Caribbean, Cnbc, Barnard, Subramanian, FTX, Latin America Central America


Miami's large expatriate population will help it become the cryptocurrency capital of the world, according to finance experts

The CEO of Bitstop expects more than 250 Bitcoin ATM's to be installed in southern Miami within the next 12 months. Art Wager/Getty Images Miami has one of the largest expatriate populations in the US. Many citizens have no bank account and instead use crypto to send money to family overseas. Two finance experts explain more about Miami's crypto-friendly characteristics. See more stories on Insider's business page. Back in March, Miami's mayor, Francis Suarez, said he was ...
Tags: Florida, US, Trends, Nba, Argentina, Miami, Nicaragua, Cuba, Central America, Suarez, Caribbean, Cnbc, Barnard, Subramanian, FTX, Latin America Central America


Microsoft CEO Satya Nadella is now also the company's chair, becoming the first person since Bill Gates to hold both roles at the same time

Microsoft CEO Satya Nadella may be on a "the M&A warpath" analysts say. Insider asked analysts which companies and startups might be next. Reuters/Lucas Jackson Microsoft's board elected CEO Satya Nadella to be the company's chair on Wednesday. The last person to hold both positions at the same time was Bill Gates in 2000. Nadella has recently tried to distance himself from Gates' leadership style. See more stories on Insider's business page. Microsoft's board elected S...
Tags: News, Microsoft, Satya Nadella, Trends, New York Times, Bill Gates, Gates, Cnbc, Nadella, Tech Insider, Isobel Asher Hamilton, Reuters Lucas Jackson Microsoft


How the influencer-marketing agency Mediakix unraveled

When directed to the Mediakix Instagram account, a "user not found" error pops up. Screenshot/Instagram Hi, this is Amanda Perelli and welcome back to Insider Influencers, our weekly rundown on the business of influencers, creators, and social-media platforms. Sign up for the newsletter here.In this week's edition:How the influencer-marketing agency Mediakix unraveledInfluencer boxing has been lucrative for creators, but messy for organizersHow much a TikTok creator with 1.6 million ...
Tags: Media, Instagram, Youtube, New York City, Advertising, Newsletter, Trends, Seo, New York Times, Preston, Showtime, Sydney, Nba, Miami, WME, Stamps


Clips From Today’s Closing Bell

Ritholtz Wealth Management’s Josh Brown ‘perfectly happy’ with Fed from CNBC. ...The post Clips From Today’s Closing Bell appeared first on The Reformed Broker.
Tags: Finance, Uncategorized, Cnbc, Fed, Josh Brown, Ritholtz Wealth Management


Jim Cramer says investors should 'stay the course' after Fed Chair Powell's policy outlook

"I think you should simply stay the course, maybe using this decline to buy some high-quality stocks, especially industrials," CNBC's...
Tags: Cnbc, Jim Cramer, Fed Chair Powell


Amazon deflects responsibility on fake reviews but admits 200M were blocked last year

Amazon admits it has a fake review problem, but does its best to spread the blame around in a new post detailing the issue. After numerous reports for years that the online retail giant is overrun with knock-off products and faked or farmed reviews, the company aims to look as if it is finally putting its foot down, but no new efforts or rules are discussed — rather, it is others that need to step up their work to keep Amazon safe. Amazon reviews have become notoriously unreliable as indicators ...
Tags: Amazon, Facebook, Ecommerce, UK, Congress, Tech, Cnbc, Fake Reviews, Bezos, Tommy Noonan, Buzzfeed Amazon


The rise of meme stocks is leading to the creation of 'false markets,' CEO of the world's largest publicly listed hedge fund says

Man Group CEO Luke Ellis. Heidi Gutman/Getty Images The rise of so-called meme stocks is creating "false markets" and shares of companies loved by the Reddit crowd should be avoided, Luke Ellis, Man Group CEO, said. We "avoid trading the names that they're super excited about because they're mostly creating false markets," he told CNBC. In March, Man Group built a system to track popular discussions on Reddit. Sign up here for our daily newsletter, 10 Things Before the Opening Bell...
Tags: Amc, Trends, Reddit, Cnbc, Gamestop, Ellis, AMC Entertainment, Man Group, Luke Ellis, Isabelle Lee, Luke Ellis Heidi Gutman Getty, CNBC In March Man Group, CNBC Meme, AMC In March Man Group


From permanent work-from-home models to full-scale returns, companies like Amazon, Twitter, and Goldman Sachs are pursuing different office policies as restrictions ease

Spotify's work-from-anywhere program will promote flexibility and diversity, executives told Insider. Jonathan Nackstrand/AFP/Getty Images Companies including Amazon, Twitter, and Goldman Sachs have taken different stances on remote work. Many companies are embracing permanent remote models, while others insist on a return to the office. Insider also spoke to experts to discuss the future of the workplace. Visit the Business section of Insider for more stories. As COVID restrictions ...
Tags: Amazon, Facebook, Twitter, Spotify, UK, England, London, Washington Post, US, Trends, Goldman Sachs, Dell, Jack Dorsey, Wall Street Journal, Jamie Dimon, Cnbc


Michael Saylor broke down MicroStrategy's bitcoin strategy, how it's a better inflation hedge than gold and what role ethereum plays in a recent interview. Here are the 10 best quotes.

MicroStrategy CEO Michael Saylor Joe Raedle/Getty Images MicroStrategy CEO Michael Saylor laid out his company's bitcoin strategy in a CNBC interview. He explained why betting heavily on "digital gold" should be good for the company's investors. Bitcoin is a better inflation hedge than gold, and there's a place for ethereum in crypto, he said. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. MicroStrategy CEO Michael Saylor walked through his company&...
Tags: Trends, Bitcoin, Cnbc, Paul Tudor Jones, MicroStrategy, Michael Saylor, Opening Bell MicroStrategy, Sophie Kiderlin, Michael Saylor Joe Raedle Getty


Buy any dip in Tesla's stock because of its long-term growth potential, says a wealth manager at a $1.2 billion firm

A white Tesla Model S is pictured at a Tesla facility in Littleton, Colorado. AP Photo/David Zalubowski AP Photo/David Zalubowski Tesla will continue to lead the industry, a managing director with Vios Advisors said on CNBC. With that, investors should buy the stock any time there's a dip, the investor said. Tesla shares fell slightly Wednesday, adding to the year-to-date loss. See more stories on Insider's business page. Traders should buy Tesla any time there's an opportun...
Tags: Elon Musk, China, Trends, Markets, Tesla, Electric Vehicles, Cnbc, Wealth Management, Rockefeller Capital Management, Michael Bapis, Vios Advisors, Bapis, Electric Vehicle Stocks, Natasha Dailey, Littleton Colorado AP Photo David Zalubowski, David Zalubowski Tesla


Oracle slips after revealing muted guidance and weak cloud sales growth

Reuters/Noah Berger Oracle stock dropped on Wednesday after the company's fourth-quarter earnings release. Oracle posted muted guidance and weaker than expected cloud sales growth in the quarter. Despite the fall in the share price, the company did beat both top and bottom line analyst estimates. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Shares of Oracle slipped on Wednesday after the company revealed muted guidance and weaker than expected cloud sales ...
Tags: Amazon, Microsoft, Trends, Barclays, Oracle, Cnbc, Austin Texas, Wedbush, Ives, Safra Catz, Dan Ives, Will Daniel, Reuters Noah Berger Oracle, In May Barclays


How Hawaii's rental car crisis became so dire tourists are renting U-Hauls instead

The Hana Highway in Hawaii. Reimar/Shutterstock Hawaii is currently stuck in a glaring rental-car nightmare as Americans start to travel again. Rental vehicle prices are skyrocketing, and some tourists have turned to booking U-Hauls instead. Take a look at how the Aloha State found itself in such a dire situation, and how you can avoid it. See more stories on Insider's business page. Take a look at Hawaii's rental car industry right now and you might see something quite peculiar.Bo...
Tags: Abc, US, Trends, Hawaii, New Jersey, Avis, Deutsche Bank, Hertz, Cnbc, Jim Cramer, Aloha State, KITV, Hawaii Tourism Authority, AutoSlash, Jonathan Weinberg, Brittany Chang


Where to find Finland vs. Russia on US TV and streaming

If you’re trying to find out how you can watch Finland vs. Russia on US TV in Euro 2020, you’ve come to the right place. For viewers in the US, Finland vs. Russia will be shown on TV and streaming (more details below). Match: Finland vs. Russia Kickoff: Wednesday, 9am ET Looking to watch Finland vs. Russia online from your work, home or on the go? If you live in the USA, there are several options to catch all the action.   We Recommend: US Only.   Here are all of the detail...
Tags: Apple, Usa, England, Nbc, Mexico, Russia, US, Sport, Soccer, United States, Finland, Espn, Europa League, Cnbc, Roku Apple TV Amazon Fire, USA Fox


'Long bitcoin' is no longer the most crowded trade for big-money investors - but more fund managers than last month say it's in a bubble, BofA survey finds

Jaap Arriens/NurPhoto via Getty Images 21% of fund managers surveyed by BofA said "long bitcoin" is the most crowded trade, compared to 43% last month. Now, "long commodities" has overtaken the cryptocurrency. However, a growing number of managers surveyed by BofA said bitcoin is in a bubble. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. "Long bitcoin" is no longer considered the most crowded trade by a group of big-money fund managers surveyed by Bank of Am...
Tags: Trends, Markets, Bank Of America, Commodities, Getty Images, Bitcoin, Cnbc, Jones, Cryptocurrency, Paul Tudor Jones, Fed, BofA, Bitcoin bubble, Jaap Arriens NurPhoto, Emily Graffeo, Bitcoin Analysis


Americans are traveling and dining almost as much now as before the pandemic, AmEx CEO says

A person wearing a mask at Hartsfield-Jackson Atlanta International Airport in April 2020. Chandan Khanna/AFP/Getty Images Spending on both dining and travel is nearing pre-COVID-19 levels, Steve Squeri, American Express' CEO, told CNBC's Jim Cramer on "Mad Money." Regarding travel, Squeri predicts the US will see a "full consumer recovery" by the end of the year. Millennials are driving the boost in restaurant spending. See more stories on Insider's business page. Americans ar...
Tags: US, Trends, New York Times, Thor, Cnbc, Puerto Rico, Jayco, Hartsfield Jackson Atlanta International Airport, Jim Cramer, Bob Martin, Ben Casselman, Thor Industries, Chandan Khanna, Squeri, Brittany Chang, AFP Getty Images Spending


Billionaire investor Paul Tudor Jones praises bitcoin, warns of rising inflation, and flags the 'Buffett indicator' in a new interview. Here are the 10 best quotes.

Paul Tudor Jones. Kevin Mazur/Getty Images/Robin Hood Paul Tudor Jones praised bitcoin and warned about rising inflation. The billionaire investor sounded the alarm on the "Buffett indicator" hitting record highs. Jones suggested retail investors could flock to commodities and send their prices skyward. See more stories on Insider's business page. Billionaire investor Paul Tudor Jones trumpeted bitcoin, expressed concern about the "Buffett indicator" hitting record highs, and called on...
Tags: America, Trends, Reddit, Warren Buffett, Federal Reserve, Cnbc, Jones, Buffett, Paul Tudor Jones, Fed, Capitol, SPAC, Tudor Investment Corporation, Theron Mohamed, Robin Hood Paul Tudor Jones, Paul Tudor Jones Kevin Mazur Getty


Alibaba billionaire founder Jack Ma is 'lying low' after a roller coaster year in which China cracked down on his tech empire

Jack Ma. Wang HE/Getty Images Jack Ma is "fine," an Alibaba executive said after the Chinese billionaire's tumultuous year. China pulled Ma's record-breaking Ant IPO last fall after he publicly criticized the nation's banking system. Alibaba received a $2.8 billion antitrust fine, signaling an even greater crackdown on Ma's tech empire. See more stories on Insider's business page. Chinese billionaire Jack Ma is "lying low right now" after the Alibaba and Ant Group found...
Tags: News, China, Ipo, Trends, Tech, Xi Jinping, Alibaba, Jack Ma, Cnbc, Ma, Tsai, Tech Insider, Joe Tsai, Katie Canales, Ant Group, Jack Ma Wang HE Getty Images Jack Ma


These 2 charts show how rumors of pandemic mass migration are probably overhyped

Despite news stories of mass migration during the pandemic, census data show rather typical trendlines. Jordan Siemens/Getty Images Recently released Census estimates show the pandemic didn't really change population growth. Most metro areas that saw population growth from 2018 to 2019 also grew between 2019 and 2020. Insider looked at four major metro areas to see just how much their populations changed in 2020. See more stories on Insider's business page. Despite stories about a ...
Tags: Real Estate, New York, New York City, US, Los Angeles, San Francisco, Trends, Strategy, Linkedin, Bloomberg, Austin, Population, Miami, The New York Times, Brookings Institution, Cnbc


Bitcoin mania is making investors ignore other assets that have far more upside potential, an investment chief says

Marco Bello/Getty Images Bitcoin-focused investors are losing out on the potential of other assets like oil, Rich Bernstein said. People don't care even though oil is riding high in a bull market, he said. Bitcoin is up 37% so far this year, while Brent crude is trading 44% higher during the same period. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Investment adviser Rich Bernstein said in a CNBC interview Monday that bitcoin is a bubble, and crypto mania ...
Tags: Trends, Bitcoin, Goldman Sachs, Cnbc, Bernstein, Statista, Rich Bernstein, Shalini Nagarajan, Marco Bello Getty Images Bitcoin, CIO of Richard Bernstein Advisors


Putin compared his crackdown on dissent to the US prosecution of Capitol rioters and the killing of Ashli Babbitt ahead of his summit with Biden

Russian President Vladimir Putin was questioned on NBC News about his crackdown on domestic dissent ahead of his summit with US President Joe Biden on June 16.. NBC News Russia's Vladimir Putin deflected criticism of his crackdown on dissent in an NBC interview. Putin highlighted the US prosecution of Trump supporters who attacked the Capitol on January 6. The interview set the stage for a tense upcoming summit between Putin and Joe Biden. See more stories on Insider's business ...
Tags: Politics, Nbc, Putin, Vladimir Putin, Congress, Russia, Nbc News, US, Trends, Joe Biden, House, News UK, Moscow, Geneva, Nancy Pelosi, Biden


Why Quantum Computers Won't End Up Cracking Bitcoin Wallets (slashdot)

"Within a decade, quantum computers could be powerful enough to break the cryptographic security that protects cell phones, bank accounts, email addresses and — yes — bitcoin wallets," writes CNBC. But fortunately, that would happen only if we do nothing in the meantime, they're told by Thorsten Groetker, former Utimaco CTO "and one of the top experts in the field of quantum computing." Crypto experts told CNBC they aren't all that worried about quantum hacking of bitcoin wallets for a couple o...
Tags: News, Cnbc, EditorDavid, National Institute of Science and Technology NIST, Nic Carter, Castle Island Ventures, Thorsten Groetker, Utimaco CTO, Fred Thiel, Marathon Digital Holdings NIST, Groetker


S&P 500, Nasdaq close at records as investors shrug off inflation concerns

Spencer Platt/Getty Images US stocks were mixed and the bond market rally lost steam as investors awaited a key Fed decision later this week. Technology stocks lifted the Nasdaq with Apple jumping 2%. Bitcoin rallied back above $40,000. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. The S&P 500 recorded a record high for the second trading day in a row while a rally in tech stocks helped lift the Nasdaq to a record high. Investors are awaiting a key Fed decisio...
Tags: Apple, Facebook, Elon Musk, Technology, US, Trends, Markets, Tesla, Oil Prices, Inflation, Treasury, Nasdaq, Dow Jones, Dow, S&P 500, Cnbc


Clips From Today’s Halftime Report

Final Trades: GM, Unity Software, Mercadolibre & more from CNBC. ...The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.
Tags: Finance, Uncategorized, Cnbc, GM Unity Software Mercadolibre


Lumber prices sink below $1,000 for the first time since March, now down 40% since May's record high

Scott Olson/Getty Images Lumber prices traded below $1,000 per thousand board feet on Monday for the first time since March. Lumber futures are now down roughly 40% from a record high set on May 10. Prices are still up 175% over the past year, and experts say they could remain elevated from historic norms. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Lumber prices fell as much as 6% on Monday to briefly trade below $1,000 per thousand board feet for the first ...
Tags: Oregon, US, Trends, Markets, Bloomberg, Commodities, Economy, Cnbc, Honolulu, Marion County, Wilde, Little, Lumber, Lumber Prices, Will Daniel, MI Exclusive


United will not furlough active flight attendants and says it will welcome the 'vast majority' of staff back to work after COVID aid expires

United Airlines employees help a passenger at LaGuardia Airport, Saturday, March 21, 2020, in New York, N.Y. AP Photo/Mary Altaffer United will welcome the "vast majority" of employees back to work due to travel resurgence. CNBC reported that the airline would not furlough most active flight attendants. "We continue to move closer to full frontline staffing levels," a spokesperson told Insider. See more stories on Insider's business page. United Airlines will not furlough active flight...
Tags: Travel, Transportation, New York, News, Air Travel, US, Trends, Joe Biden, Economy, Airlines, Biden, United, Cnbc, Laguardia Airport, United Airlines, Flight Attendants


Billionaire Paul Tudor Jones says to go 'all in' on the inflation trade if the Fed stays nonchalant about rising prices

REUTERS/Eduardo Munoz Paul Tudor Jones told CNBC he'll "go all in" on the inflation trade if the Fed remains unconcerned soaring consumer prices. The billionaire hedge fund manager would buy commodities, cryptocurrencies, and gold. Jones said recent economic data has challenged the Fed's stance that inflation is transitory. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Billionaire investor Paul Tudor Jones told CNBC on Monday he'll bet big on risi...
Tags: Trends, Markets, Federal Reserve, Cnbc, Jones, Paul Tudor Jones, Fed, Jerome Powell, Tudor Investment Corporation, Emily Graffeo, FOMC meeting, Inflation Expectations, Paul Tudor Jones Bitcoin, Inflation Hedge, Opening Bell Billionaire, Inflation Outlook


Home Depot has contracted its own container ship, trying to sidestep a global shipping crisis that threatens to disrupt holiday orders

Joe Raedle/Getty Images Home Depot has contracted its own container ship to bring its products to the US. Home Depot is among many retailers hit by a global shipping crisis that has led to delays and rising prices. Experts say holiday season shopping may be disrupted by limited stock and higher prices. See more stories on Insider's business page. Home Depot, hoping to sidestep a global shipping crisis, has contracted its own ship to transport its goods.The home-improvement store is on...
Tags: Home Depot, US, Trends, Cnbc, National Retail Federation, Mills, Jonathan Gold, Journal of Commerce, Joe Raedle, Ted Decker, Mary Hanbury, Getty Images Home Depot, US Home Depot, CNBC Home Depot, Clorox Coca Cola Procter Gamble


Bitcoin surges above $40,000 after Elon Musk says Tesla will resume crypto payments when mining is cleaner

Marco Bello/Win McNamee/Getty Images Bitcoin climbed above $40,000 after Elon Musk suggested Tesla might accept it as payment again. Musk said he'll do it when there's proof of about 50% of mining energy used is clean. Tesla halted bitcoin payments last month over concern its mining process is damaging to the environment. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Bitcoin traded above $40,000 on Monday after Elon Musk tweeted Tesla would accept payme...
Tags: Elon Musk, Trends, Tesla, Btc, Cnbc, Musk, Paul Tudor Jones, ETH, OANDA, Magda Wierzycka, Sygnia, Jeffrey Halley, Shalini Nagarajan, Marco Bello Win McNamee Getty, Wierzycka Musk