Gapâs new playbook: Less discounting, more Hailey Bieber
As Gap Inc. CEO Richard Dickson gives us a tour of the Gapâs remodeled store in New Yorkâs Flatiron District, he pauses at a gallery of 16 framed sepia-toned pictures…
Finance
Gen Zâs bedazzling era is the latest Lipstick Index as youths put gems on everything from coffee cups to skincare
Starbucks, Sephora, and Ulta Beauty are bedazzling their social media feeds, and itâs all in a bid to win over customers embracing the analog economy. Social media users have spent…
Why âequal weightâ S&P 500 funds are having a momentâand are up almost 16% this year alone
If you have part of your portfolio in an S&P 500 index fund, youâre probably patting yourself on the back for the 12%-plus performance youâve already notched this year. But…
Bridge founder Zach Abrams sees an opportunity for âtokenized local currenciesâ across Asia
Zach Abrams, the founder of stablecoin company Bridge, admits he was surprised when the bulk of his business ended up coming from non-U.S. markets in Latin America, Europe, and Africa.…
Google DeepMind is losing its grip on elite AI talent, new data shows
Over the last few years, the AI talent market has looked more like a professional sports draft than a conventional hiring cycle. Cash-rich labs are offering salaries more commonly associated…
SpaceX says itâs building its largest spaceport yet, committing $100 billion for a Louisiana siteâadding to its list of billion-dollar expansion plans
Rather apparent in SpaceXâs IPO filings is the ever-constant named goal of reaching Mars to build compute infrastructure and even human settlements on the red planet. In Elon Muskâs first…
Without local languages, âAI is essentially uselessâ: Hong Kongâs Votee AI is taking on English and Mandarinâs AI dominance with a Cantonese modelÂ
The AI boom is being driven by two languages: English and Mandarin Chinese. The leading AI developersâOpenAI, Anthropic, DeepSeek, Moonshot AI, Z.ai, and othersâare almost all based in either the…
Nvidia CEO Jensen Huang eats dinner with someone âand their stock price doubles the next dayâ
Korean fried chicken with the chairmen of SK Group and LG. Yellowtail sashimi at Nobu with Larry Ellison and Elon Musk. Mapo tofu and whiskey with TSMC founder Morris Chang.…
The SaaSpocalypse that wasnât â how Salesforce, Booking and IBM are thriving with AIÂ
The apocryphal quip attributed to Mark Twain, âthe rumors of my death are greatly exaggerated,â rings true for certain companies in the software space amidst widespread but premature fears of…
How IHH Healthcare CEO Prem Kumar Nair is planning for a longer-lived Asia
âThereâs no point in living longer if youâre not healthy.â So says Prem Kumar Nair, CEO of Asiaâs largest private health group, IHH Healthcare, as he grapples with an Asia…