Did you mean?
Search Results - Showing 48 - 60 Of 80
_3-tech-firms-enjoy-brisk-sales-for-cloud-computing-units-due-to-growing-interest-in-ai.jpg "3 tech firms enjoy brisk sales for cloud computing units due to growing interest in AI<br/> <br/>")
⏲ 0:29 👁 3M
_mark-these-important-may-finance-dates-on-your-calendar.jpg "Many people think of April as a major month for finances because it’s the time of the year that most Americans do their taxes – but experts say there are some pretty important dates in May that you need to mark down as well.")
⏲ 1:9 👁 4M
_girl39s-backwards-ride-fails-to-reveal-a-horse-perfect-for-all-riding-styles.jpg "In a sales video, this young woman and her friend showcased a horse in a rather unconventional manner.<br/><br/>The girl, eager to demonstrate the horse's ease of riding, decided to mount the horse backwards, facing its hindquarters.<br/><br/>She skillfully balanced herself in this amusing position, aiming to turn around to face the horse's front.<br/><br/>However, just as she attempted this daring maneuver, she lost her balance and tumbled off the horse.<br/><br/>This unexpected mishap sent both the girl and her friend into fits of laughter, turning what was meant to be a serious presentation into a delightful and comical moment.<br/>Location: Telford, United Kingdom<br/>WooGlobe Ref : WGA895761<br/>For licensing and to use this video, please email licensing@wooglobe.com")
⏲ 0:28 👁 1.6M
_the-lamborghini-urus-se-delivers-789hp-in-a-plug-in-hybrid-super-suv-124-forbes.jpg "When Lamborghini first introduced the Urus SUV, critics and pundits were skeptical. It was seen more as a trend than a legitimate performance car. Little did they know how popular this sporty, compact V8-powered SUV with 657 hp would prove: After just six years, in 2023 it accounted for 60% of Lamborghini’s sales, selling more than 6,000 units.<br/><br/>Last week, Lamborghini introduced a redesign of the Urus that’s intended to continue the trend. The redesigned Urus is designated “SE:” “S” indicates the S trim of the SUV and “E” designates the addition of a plug-in electric power train. The idea behind this technology is to boost the performance of the gas engine with a jolt of electricity.<br/><br/>The Urus SE plug-in hybrid electric adds a 25.9 kWh electric system to the V8 engine of the S model, taking the SUV’s horsepower from 657 to 789. And its $258,000 starting price is about a $23,000 premium over the S model.<br/><br/>Read the full story on Forbes:<br/>https://www.forbes.com/sites/scottyreiss/2024/05/01/lamborghini-urus-se-a-luxury-sports-suv-with-hybrid-superpowers/<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
⏲ 4:42 👁 345K
_inside-a-3646-million-renewable-energy-swindle.jpg "Rhino Onward International, or ROI as it called itself, launched in 2022 with some big promises. The renewables development firm claimed that its “proprietary process and technology” put it in position “to assume the leading role in Green Hydrogen production.” The company said it was building a green hydrogen plant in Arizona that would be worth about $530 million within 5 years, according to marketing materials it shared with investors.<br/><br/>ROI raised $31 million from over 200 investors but apparently only invested $200,000 in the business; the firm’s promoters Paul Croft and J.D. Frost diverted the rest of the investors’ money to themselves and entities they control, according to an investor lawsuit filed in Illinois last month, which cited bank records obtained through subpoenas. Beginning in 2021 until last year, Croft, a 42-year-old entrepreneur living in Chicago, and Frost, a 40-year-old accountant based in Chattanooga, Tennessee, raised approximately $46 million from a series of phony renewables investment schemes, which the pair used to live extravagantly, pay employees at their tax advisory business, pay down short-term loans and even lend money to embattled professional hockey player Robin Lehner, according to allegations in lawsuits, bankruptcy filings, former investors and ex-employees of Croft’s and Frost’s businesses who spoke with Forbes on the record, and others with knowledge of the matter who spoke on the condition of anonymity in order to speak about sensitive information.<br/><br/>0:00 Introduction<br/>0:28 The Founding Of Rhino Onward International<br/>3:34 Who Was Scammed By Croft And Frost?<br/>6:11 Who Are Croft And Frost?<br/>9:21 When Did Investors Figure Out The Scam?<br/>12:17 Embellishing Wealth And Origin Stories<br/>14:26 What's Next?<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/johnhyatt/2024/04/23/anatomy-of-a-46-million-renewable-energy-swindle/?sh=767c07c23c4b<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
⏲ 15:41 👁 12M
_mcdonald39s-posts-disappointing-q1-results-amid-ongoing-boycotts.jpg "McDonald's Posts , Disappointing Q1 Results , Amid Ongoing Boycotts.<br/>'The Independent' reports that McDonald's posted weaker-<br/>than-expected results in the first quarter of 2024, as a result <br/>of a boycott over the company's perceived support for Israel. .<br/>'The Independent' reports that McDonald's posted weaker-<br/>than-expected results in the first quarter of 2024, as a result <br/>of a boycott over the company's perceived support for Israel. .<br/>According to McDonald's, higher sales in the <br/>United States helped the fast-food giant overcome <br/>weakness in markets where the brand is being boycotted.<br/>According to McDonald's, higher sales in the <br/>United States helped the fast-food giant overcome <br/>weakness in markets where the brand is being boycotted.<br/>The company saw same-store sales rise by <br/>1.9% worldwide between January and March, <br/>below the Wall Street forecast of 2.1%.<br/>Increased menu pricing and delivery demand <br/>saw same-store sales in the U.S. increase by 2.5%.<br/>In international markets, sales fell <br/>by 0.2% for the first time since 2020.<br/>Despite this, McDonald's said the company's revenue <br/>increased 5% to reach $6.17 billion, while net income went <br/>up 7% to $1.93 billion, in-line with Wall Street estimates.<br/>'The Independent' reports that Muslim-majority <br/>markets like Indonesia, Malaysia and the Middle East <br/>have been boycotting McDonald's for months.<br/>The boycotts started after a McDonald's franchise in <br/>Israel announced in October that it would provide free <br/>meals for Israeli troops amid the ongoing war in Gaza.<br/>In the months since then, the company has tried to limit <br/>the fallout by taking over all 225 McDonald's in the country <br/>with the purchase of Alyonal Limited, its Israeli franchise.<br/>Our hearts remain with <br/>the communities and families <br/>impacted by the war in the Middle East. <br/>We abhor violence of any kind and <br/>firmly stand against hate speech, <br/>and we will always proudly <br/>open our doors to everyone, McDonald's statement, via 'The Indepndent'.<br/>Our hearts remain with <br/>the communities and families <br/>impacted by the war in the Middle East. <br/>We abhor violence of any kind and <br/>firmly stand against hate speech, <br/>and we will always proudly <br/>open our doors to everyone, McDonald's statement, via 'The Indepndent'")
⏲ 1:30 👁 1.2M
_how-to-buy-a-small-business-with-no-money-down.jpg "Chelsea Mandel and her firm Ascension Advisory are on a mission to help small business buyers borrow a $17 billion a year tactic from private equity’s playbook known as sales leasebacks. But finding the right deal is nearly impossible.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/brandonkochkodin/2024/04/22/how-to-buy-a-small-business-with-no-money-down/?sh=30bace386bc8<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
⏲ 5:14 👁 2.5M
_fast-food-restaurants-reports-decline-in-same-store-sales-reflecting-inflation-and-consumer-pressures.jpg "Yum! Brands, owner of KFC, Taco Bell, and Pizza Hut, reported a 3% decline in same-store sales for the first quarter, which was expected due to inflation, consumer demand pressures, and geopolitical issues. Pizza Hut and KFC saw same-store sales declines of 7% and 2%, while Taco Bell grew by 1%. Starbucks reported a 4% drop in global comparable store sales driven by a 6% transaction decline, as more cautious consumers cut back. McDonald's comparable sales grew just under 2% in the first quarter, as the CEO noted broad consumer price pressures reducing discretionary spending.")
⏲ 0:48 👁 225K
_what-is-going-on-with-apple-iphone-sales-drop-by-staggering-9-3m-units-globally-in-q1-2024-even-as-industry-grows-10.jpg "Apple's iPhone sales have plummeted 16% in the first three months of 2024, starting the year on a bad note for the Tim Cook-led company.<br/><br/>What Happened: Apple's iPhone shipments fell by a staggering 9.3 million units, from 58 million in Q1 2023 to 48.7 million in Q1 2024, according to market research firm, Canalys.")
⏲ 0:47 👁 200K
_irs-quietly-changes-the-rule-on-how-your-childrens-inheritance-will-be-taxed.jpg "The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable trust is involved. In the last decade or so, more families have begun utilizing irrevocable trusts to protect their assets from spend-down in order to qualify for government benefits, such as Medicaid and VA Aid and Attendance.<br/><br/>Prior to the issuance of this ruling, it was unclear whether assets passing to beneficiaries through an irrevocable trust would receive a step-up in basis, thereby eliminating any capital gains taxes that would otherwise be owed. Historically, assets that are disposed of during an individual’s lifetime are subject to capital gains taxes on the increase in value of that asset over time. The amount of capital gains owed is determined largely by the difference between the value at the time of purchase and the value at the time of transfer.")
⏲ 1:29 👁 3.8M
_coinbase-reports-stellar-q1-performance-gaining-on-crypto-market-momentum.jpg "Coinbase reported revenue of more than $1.6 billion for the first quarter, beating analyst estimates. Net income was over $1.1 billion, compared to a loss in the prior year. Transaction revenue nearly tripled year-over-year to over $1 billion, driven by a surge in cryptocurrency trading amid the bitcoin rally. New Bitcoin highs and Ethereum's network upgrade drove increased demand for Coinbase's trading platform. Institutional investment in crypto also grew. Four Coinbase executives collectively sold over $380 million in company stock during the quarter, more than double the prior quarter's sales.")
⏲ 0:39 👁 165K
_carvana-reports-stellar-q1-results-as-high-interest-rates-push-buyers-to-the-used-car-market-shares-soar-30.jpg "Carvana shares soared over 30% in after-hours trading after reporting first-quarter revenue of more than a billion, beating analyst estimates. The company forecast a sequential rise in adjusted core profit and retail unit sales growth, surprising analysts who expected a sales decline. Adjusted earnings before interest, tax, depreciation, and amortization were more than $200 million, exceeding estimates. Carvana's inventory of unsold used vehicles on dealer lots rose 9% from a year ago. High interest rates have pushed some consumers to the used car market for better deals than new vehicles.")
⏲ 0:35 👁 5.1M
Related Searches
Search Videos
Recent Searches
_3-tech-firms-enjoy-brisk-sales-for-cloud-computing-units-due-to-growing-interest-in-ai.webp "3 tech firms enjoy brisk sales for cloud computing units due to growing interest in AI<br/> <br/>")
_mark-these-important-may-finance-dates-on-your-calendar.webp "Many people think of April as a major month for finances because it’s the time of the year that most Americans do their taxes – but experts say there are some pretty important dates in May that you need to mark down as well.")
_girl39s-backwards-ride-fails-to-reveal-a-horse-perfect-for-all-riding-styles.webp "In a sales video, this young woman and her friend showcased a horse in a rather unconventional manner.<br/><br/>The girl, eager to demonstrate the horse's ease of riding, decided to mount the horse backwards, facing its hindquarters.<br/><br/>She skillfully balanced herself in this amusing position, aiming to turn around to face the horse's front.<br/><br/>However, just as she attempted this daring maneuver, she lost her balance and tumbled off the horse.<br/><br/>This unexpected mishap sent both the girl and her friend into fits of laughter, turning what was meant to be a serious presentation into a delightful and comical moment.<br/>Location: Telford, United Kingdom<br/>WooGlobe Ref : WGA895761<br/>For licensing and to use this video, please email licensing@wooglobe.com")
_the-lamborghini-urus-se-delivers-789hp-in-a-plug-in-hybrid-super-suv-124-forbes.webp "When Lamborghini first introduced the Urus SUV, critics and pundits were skeptical. It was seen more as a trend than a legitimate performance car. Little did they know how popular this sporty, compact V8-powered SUV with 657 hp would prove: After just six years, in 2023 it accounted for 60% of Lamborghini’s sales, selling more than 6,000 units.<br/><br/>Last week, Lamborghini introduced a redesign of the Urus that’s intended to continue the trend. The redesigned Urus is designated “SE:” “S” indicates the S trim of the SUV and “E” designates the addition of a plug-in electric power train. The idea behind this technology is to boost the performance of the gas engine with a jolt of electricity.<br/><br/>The Urus SE plug-in hybrid electric adds a 25.9 kWh electric system to the V8 engine of the S model, taking the SUV’s horsepower from 657 to 789. And its $258,000 starting price is about a $23,000 premium over the S model.<br/><br/>Read the full story on Forbes:<br/>https://www.forbes.com/sites/scottyreiss/2024/05/01/lamborghini-urus-se-a-luxury-sports-suv-with-hybrid-superpowers/<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_inside-a-3646-million-renewable-energy-swindle.webp "Rhino Onward International, or ROI as it called itself, launched in 2022 with some big promises. The renewables development firm claimed that its “proprietary process and technology” put it in position “to assume the leading role in Green Hydrogen production.” The company said it was building a green hydrogen plant in Arizona that would be worth about $530 million within 5 years, according to marketing materials it shared with investors.<br/><br/>ROI raised $31 million from over 200 investors but apparently only invested $200,000 in the business; the firm’s promoters Paul Croft and J.D. Frost diverted the rest of the investors’ money to themselves and entities they control, according to an investor lawsuit filed in Illinois last month, which cited bank records obtained through subpoenas. Beginning in 2021 until last year, Croft, a 42-year-old entrepreneur living in Chicago, and Frost, a 40-year-old accountant based in Chattanooga, Tennessee, raised approximately $46 million from a series of phony renewables investment schemes, which the pair used to live extravagantly, pay employees at their tax advisory business, pay down short-term loans and even lend money to embattled professional hockey player Robin Lehner, according to allegations in lawsuits, bankruptcy filings, former investors and ex-employees of Croft’s and Frost’s businesses who spoke with Forbes on the record, and others with knowledge of the matter who spoke on the condition of anonymity in order to speak about sensitive information.<br/><br/>0:00 Introduction<br/>0:28 The Founding Of Rhino Onward International<br/>3:34 Who Was Scammed By Croft And Frost?<br/>6:11 Who Are Croft And Frost?<br/>9:21 When Did Investors Figure Out The Scam?<br/>12:17 Embellishing Wealth And Origin Stories<br/>14:26 What's Next?<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/johnhyatt/2024/04/23/anatomy-of-a-46-million-renewable-energy-swindle/?sh=767c07c23c4b<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_mcdonald39s-posts-disappointing-q1-results-amid-ongoing-boycotts.webp "McDonald's Posts , Disappointing Q1 Results , Amid Ongoing Boycotts.<br/>'The Independent' reports that McDonald's posted weaker-<br/>than-expected results in the first quarter of 2024, as a result <br/>of a boycott over the company's perceived support for Israel. .<br/>'The Independent' reports that McDonald's posted weaker-<br/>than-expected results in the first quarter of 2024, as a result <br/>of a boycott over the company's perceived support for Israel. .<br/>According to McDonald's, higher sales in the <br/>United States helped the fast-food giant overcome <br/>weakness in markets where the brand is being boycotted.<br/>According to McDonald's, higher sales in the <br/>United States helped the fast-food giant overcome <br/>weakness in markets where the brand is being boycotted.<br/>The company saw same-store sales rise by <br/>1.9% worldwide between January and March, <br/>below the Wall Street forecast of 2.1%.<br/>Increased menu pricing and delivery demand <br/>saw same-store sales in the U.S. increase by 2.5%.<br/>In international markets, sales fell <br/>by 0.2% for the first time since 2020.<br/>Despite this, McDonald's said the company's revenue <br/>increased 5% to reach $6.17 billion, while net income went <br/>up 7% to $1.93 billion, in-line with Wall Street estimates.<br/>'The Independent' reports that Muslim-majority <br/>markets like Indonesia, Malaysia and the Middle East <br/>have been boycotting McDonald's for months.<br/>The boycotts started after a McDonald's franchise in <br/>Israel announced in October that it would provide free <br/>meals for Israeli troops amid the ongoing war in Gaza.<br/>In the months since then, the company has tried to limit <br/>the fallout by taking over all 225 McDonald's in the country <br/>with the purchase of Alyonal Limited, its Israeli franchise.<br/>Our hearts remain with <br/>the communities and families <br/>impacted by the war in the Middle East. <br/>We abhor violence of any kind and <br/>firmly stand against hate speech, <br/>and we will always proudly <br/>open our doors to everyone, McDonald's statement, via 'The Indepndent'.<br/>Our hearts remain with <br/>the communities and families <br/>impacted by the war in the Middle East. <br/>We abhor violence of any kind and <br/>firmly stand against hate speech, <br/>and we will always proudly <br/>open our doors to everyone, McDonald's statement, via 'The Indepndent'")
_how-to-buy-a-small-business-with-no-money-down.webp "Chelsea Mandel and her firm Ascension Advisory are on a mission to help small business buyers borrow a $17 billion a year tactic from private equity’s playbook known as sales leasebacks. But finding the right deal is nearly impossible.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/brandonkochkodin/2024/04/22/how-to-buy-a-small-business-with-no-money-down/?sh=30bace386bc8<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_fast-food-restaurants-reports-decline-in-same-store-sales-reflecting-inflation-and-consumer-pressures.webp "Yum! Brands, owner of KFC, Taco Bell, and Pizza Hut, reported a 3% decline in same-store sales for the first quarter, which was expected due to inflation, consumer demand pressures, and geopolitical issues. Pizza Hut and KFC saw same-store sales declines of 7% and 2%, while Taco Bell grew by 1%. Starbucks reported a 4% drop in global comparable store sales driven by a 6% transaction decline, as more cautious consumers cut back. McDonald's comparable sales grew just under 2% in the first quarter, as the CEO noted broad consumer price pressures reducing discretionary spending.")
_what-is-going-on-with-apple-iphone-sales-drop-by-staggering-9-3m-units-globally-in-q1-2024-even-as-industry-grows-10.webp "Apple's iPhone sales have plummeted 16% in the first three months of 2024, starting the year on a bad note for the Tim Cook-led company.<br/><br/>What Happened: Apple's iPhone shipments fell by a staggering 9.3 million units, from 58 million in Q1 2023 to 48.7 million in Q1 2024, according to market research firm, Canalys.")
_irs-quietly-changes-the-rule-on-how-your-childrens-inheritance-will-be-taxed.webp "The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable trust is involved. In the last decade or so, more families have begun utilizing irrevocable trusts to protect their assets from spend-down in order to qualify for government benefits, such as Medicaid and VA Aid and Attendance.<br/><br/>Prior to the issuance of this ruling, it was unclear whether assets passing to beneficiaries through an irrevocable trust would receive a step-up in basis, thereby eliminating any capital gains taxes that would otherwise be owed. Historically, assets that are disposed of during an individual’s lifetime are subject to capital gains taxes on the increase in value of that asset over time. The amount of capital gains owed is determined largely by the difference between the value at the time of purchase and the value at the time of transfer.")
_coinbase-reports-stellar-q1-performance-gaining-on-crypto-market-momentum.webp "Coinbase reported revenue of more than $1.6 billion for the first quarter, beating analyst estimates. Net income was over $1.1 billion, compared to a loss in the prior year. Transaction revenue nearly tripled year-over-year to over $1 billion, driven by a surge in cryptocurrency trading amid the bitcoin rally. New Bitcoin highs and Ethereum's network upgrade drove increased demand for Coinbase's trading platform. Institutional investment in crypto also grew. Four Coinbase executives collectively sold over $380 million in company stock during the quarter, more than double the prior quarter's sales.")
_carvana-reports-stellar-q1-results-as-high-interest-rates-push-buyers-to-the-used-car-market-shares-soar-30.webp "Carvana shares soared over 30% in after-hours trading after reporting first-quarter revenue of more than a billion, beating analyst estimates. The company forecast a sequential rise in adjusted core profit and retail unit sales growth, surprising analysts who expected a sales decline. Adjusted earnings before interest, tax, depreciation, and amortization were more than $200 million, exceeding estimates. Carvana's inventory of unsold used vehicles on dealer lots rose 9% from a year ago. High interest rates have pushed some consumers to the used car market for better deals than new vehicles.")
![[+]](/images/menu.gif){kind=small}