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_is-apple-in-trouble-tim-cook-reportedly-cuts-vision-pro-shipment-forecasts-by-up-to-50-analyst-says-demand-has-39fallen.jpg "The Cupertino-based tech giant has revised its Vision Pro shipment estimates to 400,000-450,000 units for 2024, down from the initial 700,000-800,000 units. The changes have forced Apple to reconsider its overall headset strategy, said analyst Ming-Chi Kuo.")
⏲ 0:52 👁 550K
_how-one-billionaire-lost-millions-and-left-underserved-scholarship-students-in-limbo.jpg "On March 21, the roughly 70 employees of the Schuler Education Foundation, based in the affluent suburb of Lake Forest, Illinois, were summoned to an emergency all-hands meeting. Over the past two-plus decades, the nonprofit founded and funded by a former president of healthcare giant Abbott Laboratories, Jack Schuler, had spent at least $150 million counseling and tutoring more than 1,800 low-income students from Chicago and Milwaukee-area high schools to help them gain admission to elite colleges; those colleges in turn covered most (if not all) of the students’ tuition and other costs.<br/><br/>The employees, who first had to certify they wouldn’t record anything, were let into a Zoom room where the nonprofit’s executive director Joanne Bertsch read from a script announcing that the foundation would shut down on May 24. Everyone would be let go except for a skeleton crew of seven college counselors left to support students through August. <br/><br/>0:00 Introduction<br/>0:15 How Our Reporters Found Out About Jack Schuler<br/>3:05 Reporting On The Schuler Foundation<br/>5:45 Losing Money In The Market<br/>8:50 The Role Of Healthcare Stocks<br/>12:23 The Impact On Students And Colleges<br/>16:05 How The Foundation Behaved As Their Investments Lost Value<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/giacomotognini/2024/04/16/inside-the-collapse-of-a-former-billionaires-foundation-for-low-income-students/?sh=b52a7d62f78b<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.")
⏲ 20:9 👁 545K
_how-lithuanian-startup-vinted-spun-secondhand-clothes-sales-into-gold-124-forbes.jpg "Thomas Plantenga bet the future of Vinted on a television advertisement. The secondhand clothing resale app was burning $1 million per month and had less than a year of cash left when Plantenga made an $800,000 gamble on French television. It was May 2016, and Plantenga had recently been hired to save the eight-year-old Lithuanian startup. After its founding at a college party in 2008, Vinted had grown rapidly as people from 10 countries used its platform to buy and sell secondhand clothes. <br/><br/>But it was free for users, barely covering its server costs with advertising, and an attempt in 2014 to bolt on a Poshmark-style 20% sales commission resulted in a user revolt. Traffic almost halved overnight. The Netherlands-born Plantenga, who had never been to Lithuania, signed up for a five-week gig as a consultant in May 2016. He ended up becoming Vinted’s CEO 18 months later.<br/><br/>Seven years later, Vinted is one of Europe’s largest consumer marketplaces, with over $600 million of revenue in 2023. It now counts 100 million users globally. Last year, it posted its first annual profit—at least $20 million—distinguishing it from its loss-making American cousins including The RealReal (valued at $360 million), ThredUp ($200 million) and Poshmark (sold for $1.2 billion). Vinted became the Baltic nation’s first unicorn in 2019 when it raised $140 million at a $1.1 billion valuation, and sales have since grown sixfold. <br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/iainmartin/2024/04/15/how-lithuanian-startup-vinted-spun-secondhand-clothes-sales-into-gold/?sh=5a47e3eaa3f0<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.")
⏲ 5:56 👁 1.4M
_ron-desantis-says-people-will-be-39toking-up39-near-schools-if-cannabis-legalization-is-approved-in-november.jpg "“So someone walking by an elementary school just sitting there toking up, that’s somehow okay?” DeSantis said on Wednesday.<br/><br/>DeSantis blasted the cannabis companies that support legalization, all of whom were at the Benzinga Cannabis Conference only miles from him.")
⏲ 1:5 👁 1.3M
_tesla-q1-earnings-highlights-ev-giant-misses-wall-street-estimates-makes-cost-cuts-invests-in-ai-speeds-launch-of-new-mo.jpg "Tesla reports first-quarter revenue of $21.3 billion, down 9% year-over-year.<br/><br/>The automaker says it is working to lower costs moving forward.")
⏲ 1:20 👁 480K
_mercedes-benz-evito-in-vintage-blue-driving-video.jpg "Mercedes-Benz Vans wants to further expand its position as a leading manufacturer of premium vans. In doing so, the company is consolidating a decisive competitive advantage: the customised diversity of its portfolio for commercial and private use – offering a range of fully electric and conventionally powered vehicles in the small, midsize, and large van segments. The introduction of the modular and scalable Van Electric Architecture (VAN.EA) from 2026 marks the gradual transition to a focused premium strategy for commercial vans. The new Vito, eVito, Sprinter and eSprinter light commercial vehicles are a key step on this journey. They offer more comfort, safety, and functionality, especially thanks to a plus in intelligent, digital networking. This sets the course for further growth at the upper end of their respective segments.")
⏲ 2:57 👁 480K
_niaga-awani-kl20-fueling-disruptive-startups-with-expertise-and-investment.jpg "RHL Ventures is a Malaysian-based Multi-Stage Venture Capital firm investing across Southeast Asia. Our mission is to support visionary entrepreneurs in building the next generation of disruptive companies. With extensive experience and a vast network, RHL Ventures provides a unique combination of financial backing, strategic guidance, and operational expertise to unlock the full potential of our portfolio companies.")
⏲ 13:4 👁 460K
_tesla-q1-earnings-preview-is-ev-giant-no-longer-a-39growth-stock39-analysts-cautious-want-answers-about-robotaxis-model.jpg "Tesla reports first quarter results after market close Tuesday April 23.<br/><br/>The Q1 report comes as questions linger on demand for electric vehicles and questions about Tesla's growth plans are top of mind.")
⏲ 1:21 👁 740K
_cathie-wood39s-ark-invest-remains-bullish-despite-tesla39s-q1-earnings-slip-revenue-drop-buys-364-3m-in-ev-maker-stock.jpg "Ark Invest purchased a total of 29,230 shares of Tesla across its ARK Innovation ETF<br/>ARKK, ARK Autonomous Technology & Robotics ETF ARKQ, and ARK Next Generation Internet ETF ARKW. <br/><br/>The purchase came after Tesla’s Q1 earnings report revealed a year-over-year revenue drop of 9%, missing Wall Street’s consensus estimate.<br/><br/>The value of the Tesla shares purchased by Ark Invest, based on the closing price of $144.68 on Tuesday, amounts to approximately $4.3 million. This move follows Ark Invest’s acquisition of over $17 million in Tesla shares the previous day, ahead of the first quarter results announcement.")
⏲ 0:46 👁 390K
_corn-is-critical-to-the-us-economy-learn-how-can-investors-gain-exposure-w92-36corn.jpg "Corn is one of the most important agricultural commodities, used throughout the global economy for food, feed, fuel, starch, sweetener and plastic. It is critical to the U.S. economy, which is the largest producer and consumer of corn.<br/><br/>Teucrium ETFs, a leading provider of agricultural and commodity-focused ETFs, offers the Teucrium Corn ETF. This ETF allows investors to gain exposure to corn without the hassle of dealing with futures markets directly.")
⏲ 1:9 👁 1.4M
_39just-being-very-cautious39-says-elon-musk-as-tesla-reportedly-resumes-cybertruck-deliveries-after-brief-halt.jpg "According to social media posts from Tesla enthusiasts, some Cybertruck customers were the first to flag the resumption of deliveries. <br/><br/>Tesla CEO Elon Musk later confirmed the news.")
⏲ 0:58 👁 940K
_nfl-draft-buzz-giants-patriots39-strategies-and-mccarthy39s-rise.jpg "NFL Draft Buzz: Giants, Patriots' Strategies and McCarthy's Rise from momentum investing strategy")
⏲ 2:30 👁 345K
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_is-apple-in-trouble-tim-cook-reportedly-cuts-vision-pro-shipment-forecasts-by-up-to-50-analyst-says-demand-has-39fallen.webp "The Cupertino-based tech giant has revised its Vision Pro shipment estimates to 400,000-450,000 units for 2024, down from the initial 700,000-800,000 units. The changes have forced Apple to reconsider its overall headset strategy, said analyst Ming-Chi Kuo.")
_how-one-billionaire-lost-millions-and-left-underserved-scholarship-students-in-limbo.webp "On March 21, the roughly 70 employees of the Schuler Education Foundation, based in the affluent suburb of Lake Forest, Illinois, were summoned to an emergency all-hands meeting. Over the past two-plus decades, the nonprofit founded and funded by a former president of healthcare giant Abbott Laboratories, Jack Schuler, had spent at least $150 million counseling and tutoring more than 1,800 low-income students from Chicago and Milwaukee-area high schools to help them gain admission to elite colleges; those colleges in turn covered most (if not all) of the students’ tuition and other costs.<br/><br/>The employees, who first had to certify they wouldn’t record anything, were let into a Zoom room where the nonprofit’s executive director Joanne Bertsch read from a script announcing that the foundation would shut down on May 24. Everyone would be let go except for a skeleton crew of seven college counselors left to support students through August. <br/><br/>0:00 Introduction<br/>0:15 How Our Reporters Found Out About Jack Schuler<br/>3:05 Reporting On The Schuler Foundation<br/>5:45 Losing Money In The Market<br/>8:50 The Role Of Healthcare Stocks<br/>12:23 The Impact On Students And Colleges<br/>16:05 How The Foundation Behaved As Their Investments Lost Value<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/giacomotognini/2024/04/16/inside-the-collapse-of-a-former-billionaires-foundation-for-low-income-students/?sh=b52a7d62f78b<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.")
_how-lithuanian-startup-vinted-spun-secondhand-clothes-sales-into-gold-124-forbes.webp "Thomas Plantenga bet the future of Vinted on a television advertisement. The secondhand clothing resale app was burning $1 million per month and had less than a year of cash left when Plantenga made an $800,000 gamble on French television. It was May 2016, and Plantenga had recently been hired to save the eight-year-old Lithuanian startup. After its founding at a college party in 2008, Vinted had grown rapidly as people from 10 countries used its platform to buy and sell secondhand clothes. <br/><br/>But it was free for users, barely covering its server costs with advertising, and an attempt in 2014 to bolt on a Poshmark-style 20% sales commission resulted in a user revolt. Traffic almost halved overnight. The Netherlands-born Plantenga, who had never been to Lithuania, signed up for a five-week gig as a consultant in May 2016. He ended up becoming Vinted’s CEO 18 months later.<br/><br/>Seven years later, Vinted is one of Europe’s largest consumer marketplaces, with over $600 million of revenue in 2023. It now counts 100 million users globally. Last year, it posted its first annual profit—at least $20 million—distinguishing it from its loss-making American cousins including The RealReal (valued at $360 million), ThredUp ($200 million) and Poshmark (sold for $1.2 billion). Vinted became the Baltic nation’s first unicorn in 2019 when it raised $140 million at a $1.1 billion valuation, and sales have since grown sixfold. <br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/iainmartin/2024/04/15/how-lithuanian-startup-vinted-spun-secondhand-clothes-sales-into-gold/?sh=5a47e3eaa3f0<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.")
_ron-desantis-says-people-will-be-39toking-up39-near-schools-if-cannabis-legalization-is-approved-in-november.webp "“So someone walking by an elementary school just sitting there toking up, that’s somehow okay?” DeSantis said on Wednesday.<br/><br/>DeSantis blasted the cannabis companies that support legalization, all of whom were at the Benzinga Cannabis Conference only miles from him.")
_tesla-q1-earnings-highlights-ev-giant-misses-wall-street-estimates-makes-cost-cuts-invests-in-ai-speeds-launch-of-new-mo.webp "Tesla reports first-quarter revenue of $21.3 billion, down 9% year-over-year.<br/><br/>The automaker says it is working to lower costs moving forward.")
_mercedes-benz-evito-in-vintage-blue-driving-video.webp "Mercedes-Benz Vans wants to further expand its position as a leading manufacturer of premium vans. In doing so, the company is consolidating a decisive competitive advantage: the customised diversity of its portfolio for commercial and private use – offering a range of fully electric and conventionally powered vehicles in the small, midsize, and large van segments. The introduction of the modular and scalable Van Electric Architecture (VAN.EA) from 2026 marks the gradual transition to a focused premium strategy for commercial vans. The new Vito, eVito, Sprinter and eSprinter light commercial vehicles are a key step on this journey. They offer more comfort, safety, and functionality, especially thanks to a plus in intelligent, digital networking. This sets the course for further growth at the upper end of their respective segments.")
_niaga-awani-kl20-fueling-disruptive-startups-with-expertise-and-investment.webp "RHL Ventures is a Malaysian-based Multi-Stage Venture Capital firm investing across Southeast Asia. Our mission is to support visionary entrepreneurs in building the next generation of disruptive companies. With extensive experience and a vast network, RHL Ventures provides a unique combination of financial backing, strategic guidance, and operational expertise to unlock the full potential of our portfolio companies.")
_tesla-q1-earnings-preview-is-ev-giant-no-longer-a-39growth-stock39-analysts-cautious-want-answers-about-robotaxis-model.webp "Tesla reports first quarter results after market close Tuesday April 23.<br/><br/>The Q1 report comes as questions linger on demand for electric vehicles and questions about Tesla's growth plans are top of mind.")
_cathie-wood39s-ark-invest-remains-bullish-despite-tesla39s-q1-earnings-slip-revenue-drop-buys-364-3m-in-ev-maker-stock.webp "Ark Invest purchased a total of 29,230 shares of Tesla across its ARK Innovation ETF<br/>ARKK, ARK Autonomous Technology & Robotics ETF ARKQ, and ARK Next Generation Internet ETF ARKW. <br/><br/>The purchase came after Tesla’s Q1 earnings report revealed a year-over-year revenue drop of 9%, missing Wall Street’s consensus estimate.<br/><br/>The value of the Tesla shares purchased by Ark Invest, based on the closing price of $144.68 on Tuesday, amounts to approximately $4.3 million. This move follows Ark Invest’s acquisition of over $17 million in Tesla shares the previous day, ahead of the first quarter results announcement.")
_corn-is-critical-to-the-us-economy-learn-how-can-investors-gain-exposure-w92-36corn.webp "Corn is one of the most important agricultural commodities, used throughout the global economy for food, feed, fuel, starch, sweetener and plastic. It is critical to the U.S. economy, which is the largest producer and consumer of corn.<br/><br/>Teucrium ETFs, a leading provider of agricultural and commodity-focused ETFs, offers the Teucrium Corn ETF. This ETF allows investors to gain exposure to corn without the hassle of dealing with futures markets directly.")
_39just-being-very-cautious39-says-elon-musk-as-tesla-reportedly-resumes-cybertruck-deliveries-after-brief-halt.webp "According to social media posts from Tesla enthusiasts, some Cybertruck customers were the first to flag the resumption of deliveries. <br/><br/>Tesla CEO Elon Musk later confirmed the news.")
_nfl-draft-buzz-giants-patriots39-strategies-and-mccarthy39s-rise.webp "NFL Draft Buzz: Giants, Patriots' Strategies and McCarthy's Rise from momentum investing strategy")
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