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Nick Lichtenberg

Nick Lichtenberg

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Microsoft climbs to $4 trillion in after-hours trading on blowout earnings

"In our largest quarter of the year, we significantly exceeded expectations," CEO Satya Nadella said.

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Fortune

Nick Lichtenberg

To prevent ‘unintentional alcohol ingestion,’ High Noon is recalling vodka seltzers mislabeled as Celsius energy drinks

High Noon withdraws, partner.

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Fortune

Nick Lichtenberg

Starbucks’ CEO is getting rid of Gen Z’s favorite mobile-only pickup stores because they felt ‘too transactional’

The "frictionless" experience that Gen Z supposedly wanted turned out to be a bit "soulless" instead.

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Fortune

Nick Lichtenberg

Dan Ives slams Apple’s tech showcase as ‘an episode out of ‘Back to the Future” and turns up the heat on Tim Cook over ‘elephant in the room’

"It’s becoming crystal clear that any innovation around AI at Apple is not coming from inside the walls of Apple Park," Ives wrote.

yesterday 1

Fortune

Nick Lichtenberg

The CEO of Brooks Running calls Warren Buffett boss. He also calls him ‘the GOAT of capitalism’

“We’re so fortunate,” Sheridan told Fortune, reflecting on Brooks’ status as a subsidiary of Berkshire Hathaway. “Our ownership structure...

yesterday 20

Fortune

Nick Lichtenberg

Wesley LePatner, a 44-year-old Blackstone executive who oversaw its $53 billion real-estate investment fund, was killed in Manhattan’s mass shooting

LePatner one of four victims of Monday's mass shooting in New York City.

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Fortune

Nick Lichtenberg

Gen Z says they’re into ‘conscious unbossing.’ Something else is actually playing out in the workplace, Glassdoor says

What happens when the “conscious unbossing” generation becomes the boss?

previous day 3

Fortune

Nick Lichtenberg

Mass shooting in central business district shakes Manhattan, leaves at least 4 dead

345 Park Avenue hosts Blackstone, the world’s largest alternative asset manager, the NFL, KPMG, and Bristol Myers Squibb, among others.

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Fortune

Nick Lichtenberg

‘Not just a cyclical recovery, but a boom.’ BofA says a ‘key tail risk’ is that the Trump economy will actually start to take off

“Today a confluence of factors argue that the key tail risk that may not be priced in is not just a cyclical recovery, but a boom,” BofA...

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Fortune

Nick Lichtenberg

What if 10,000 steps per day was never the magic number? Bombshell scientific study says you need far less for health benefits

Activity is important, cutting down on risks of everything from cardiovascular disease to dementia to depressive symptoms. But do you need all 10,000...

monday 2

Fortune

Nick Lichtenberg

Warren Buffett’s longtime Social Security warning is coming to fruition, with retirees facing an $18,000 annual cut

The Committee for a Responsible Federal Budget projects that Social Security’s main trust fund will be insolvent by the end of 2032, triggering...

monday 5

Fortune

Nick Lichtenberg

Housing market ‘purgatory’ for existing home sales as activity falls to lowest level in 9 months

"No matter how you look at it, this is an unhealthy housing market," ResiClub's Lance Lambert told Fortune Intelligence.

monday 3

Fortune

Nick Lichtenberg

Employers, beware: Gen Z is the ‘pragmatic generation’ redefining success, seeing money as just a means to an end, landmark EY survey says

"The idea that young adults are postponing adulhtood is outdated," EY's Joe Depa says of his firm's landmark Gen Z survey. "This generation is focused...

27.07.2025 20

Fortune

Nick Lichtenberg

Delta’s struggles with the airport lounge and the angst of the upper middle class in the age of ‘elite overproduction,’ explained

Peter Turchin argues that societies collapse when there isn't enough room at the top. "There is a limited amount of space, but many more elites now...

26.07.2025 30

Fortune

Nick Lichtenberg

America is starting to eat Trump’s tariffs TACO salad, UBS says

"It's quiet ... a little too quiet," writes Mark Haefele, chief invesmtent officer of UBS Global Wealth Management.

25.07.2025 3

Fortune

Nick Lichtenberg

Trump says he may want to give you a tariff rebate check: ‘A little rebate for people of a certain income level might be very nice’

Trump has been busy in July, with a deal to bring real sugar back to (some) Coke recipes, visits to the Federal Reserve, and demands about sports team...

25.07.2025 1

Fortune

Nick Lichtenberg

‘Trump’s trade deals are illegal,’ Piper Sandler warns, predicting a Supreme Court smackdown by June 2026

The investment bank thinks a 9-0 ruling against Trump is likely. That doesn't mean the tariffs will just go away.

25.07.2025 4

Fortune

Nick Lichtenberg

Ray Dalio issues his most dire warning to America yet: The ballooning $37 trillion deficit will trigger an ‘economic heart attack’

The hedge fund billionaire is talking about the nearly $37 trillion national debt—again.

24.07.2025 2

Fortune

Nick Lichtenberg

Satya Nadella on the ‘enigma of success’ in the age of AI: a thriving business, but 15,000+ layoffs

Microsoft is spending $80 billion on AI initiatives in 2025, and CEO Satya Nadella says headcount is "relatively unchanged" even despite mass layoffs.

24.07.2025 2

Fortune

Nick Lichtenberg

Sam Altman reveals his fears for humanity as ‘this weird emergent thing’ of AI keeps evolving: ‘No one knows what happens next’

As the OpenAI CEO sat down with podcaster Theo Von, it felt at times both were staring into the void: "It feels like our sense of purpose would start...

24.07.2025 6

Fortune

Nick Lichtenberg

AI’s voice mimicking software is so powerful that Sam Altman is terrified of a ‘fraud crisis’ around the corner. He just warned the Fed about it

In a wide-ranging interview with Fed governor Michelle Bowman, Altman talked about what "terrifies" him about the crisis coming "very, very soon."

24.07.2025 20

Fortune

Nick Lichtenberg

Tesla misses Wall Street expectations on revenue, earnings per share in second quarter earnings

Wall Street analysts had entered the earnings season with low expectations for Tesla. It underachieved.

24.07.2025 2

Fortune

Nick Lichtenberg

Millennials are officially a majority of managers—so get ready for a combination of burnout, buddy vibes, and boundary issues

Emotional intelligence is an expectation of managers now, said Daniel Zhao of Glassdoor, and millennial managers are “stuck between a rock and a...

23.07.2025 4

Fortune

Nick Lichtenberg

‘Intelligence too cheap to meter’ is AI’s next frontier, Sam Altman says

“There are cases where entire classes of jobs will go away,” Altman said on a panel at the Federal Reserve, while predicting “entirely new...

23.07.2025 4

Fortune

Nick Lichtenberg

Fortune 500 retailer Kohl’s gets meme stock treatment as shares double before falling back to earth

Kohl’s was still up 38% in single-day trading not driven by underlying fundamentals. In fact, it fired its third CEO in three years just two months...

23.07.2025 4

Fortune

Nick Lichtenberg

The $124 trillion Great Wealth Transfer is bigger than ever—and millennials will get the biggest cut

The richest Americans hold 44% of all wealth and the oldest hold 61%, per Cerulli Associates, and they've grown much richer since the Great Financial...

23.07.2025 4

Fortune

Nick Lichtenberg

Buyers wield more power in housing market, especially in Sun Belt, with contract cancellations on the rise

In June 2025, nearly 15% of pending home sales fell through, per Redfin, but don't call it a buyers' market yet. Home prices are still at record...

23.07.2025 2

Fortune

Nick Lichtenberg

OpenAI faces an ‘increasingly fragile moat,’ JPMorgan says, as Sam Altman braces for ‘OS war’ against Google, Apple and other Silicon Valley titans

OpenAI has a $700 billion-plus total addressable market ahead of it, JPMorgan says as it takes the rare step of covering a private company.

22.07.2025 3

Fortune

Nick Lichtenberg

Jerome Powell should resign, top economist Mohamed El-Erian says, citing a scandal Trump hasn’t even mentioned

Remember the insider trading scandal at the Fed? El-Erian does, along with what he considers a series of missteps on inflation.

22.07.2025 3

Fortune

Nick Lichtenberg

Scott Bessent turns up the heat on the Fed, demands probe as Powell’s future hangs in balance

"What we need to do is examine the entire Federal Reserve institution and whether they have been successful," Bessent told CNBC's Squawk Box.

21.07.2025 1

Fortune

Nick Lichtenberg

American Express just offered a rare peek inside the spending habits of wealthy Americans—all the way down to Gen Z

The company reported record quarterly revenue of $17.9 billion, with millennial spending up 10% and Gen Z spend an astonishing 40%.

18.07.2025 2

Fortune

Nick Lichtenberg

Gen X’s $1.4 trillion windfall: The ‘Forgotten Generation’ is the surprise short-term winner in the Great Wealth Transfer

Over the next decade, Americans aged 45-60 are projected to inherit roughly $1.4 trillion every year, the largest short-term gain in the Great Wealth...

18.07.2025 10

Fortune

Nick Lichtenberg

Americans are the most optimistic about the economy since just after Trump’s inauguration

The University of Michigan consumer sentiment survey shows vibes around the economy far below historic norms, but they're "inching up."

18.07.2025 10

Fortune

Nick Lichtenberg

Jamie Dimon bought his first stock at 14. His billion-dollar management philosophy: ‘Don’t blow up’

Dimon told the "Acquired" podcast he was excited to get into the stock market as a teenager, only to see it dive 45% in two years.

17.07.2025 2

Fortune

Nick Lichtenberg

Jamie Dimon turned down Jeff Bezos and a top gig at Amazon to take on ‘troubled’ Bank One in a $60 million bet

Dimon told the "Acquired" podcast that the version of his life where he moved to Seattle to work at Amazon is an "alternate universe."

17.07.2025 1

Fortune

Nick Lichtenberg

How much is AI really replacing jobs? Goldman Sachs looks under the hood and has 3 takeaways to defuse the hype

"There is no sign of a significant impact on most labor market outcomes," chief economist Jan Hatzius writes. But the shift is real.

17.07.2025 2

Fortune

Nick Lichtenberg

Trump brokers deal for Coca-Cola to use ‘REAL Cane Sugar’ in U.S. Coke products

First it was the Gulf of Mexico, now Trump is coming for "Mexican Coke."

17.07.2025 20

Fortune

Nick Lichtenberg

One of the most critical AI companies in the world just said it ‘cannot confirm’ growth in 2026, wiping out $30 billion

Shares of ASML, the Dutch semiconductor equipment giant, tumbled 11% after it reported earnings. It's not just any company.

17.07.2025 9

Fortune

Nick Lichtenberg

Amazon’s humble history: Jeff Bezos used a rented garage as an office and held team meetings at a local Barnes & Noble

Amazon's trajectory from a rented garage to a $2.4 trillion enterprise is now business legend.

17.07.2025 30

Fortune

Nick Lichtenberg

Why Jamie Dimon says we ‘may have seen peak private credit’—and why you should care

Reports have swirled that JPMorgan wants to buy a private credit firm, but "it's not high on my list," Dimon said.

16.07.2025 2

Fortune

Nick Lichtenberg

Americans spend $40 billion on their pets’ health care. Chewy has a plan to get more of their money

Americans adopted roughly 23 million pets during the pandemic, and Bank of America Research sees the "COVID cohort" nearing middle age.

16.07.2025 9

Fortune

Nick Lichtenberg

Scott Bessent confirms moves to replace Jerome Powell are under way: ‘There’s a formal process that’s already starting’

The Treasury secretary also stated his preference that Powell step down from the Fed entirely when his term ends. “Traditionally, the Fed chair also...

15.07.2025 10

Fortune

Nick Lichtenberg

CEO Brian Niccol asks Starbucks workers to come back to the office—or he’ll pay them to leave

"We understand not everyone will agree with this approach," Niccol wrote in his letter to employees. "We’ve listened and thought carefully."

15.07.2025 5

Fortune

Nick Lichtenberg

The ‘Gen Z stare’ is more than a TikTok trend — it’s a real problem in the workplace and the job market

Every generation faces some kind of criticism, but a blank, expressionless stare?

15.07.2025 10

Fortune

Nick Lichtenberg

Apple’s first foldable phone is set for 2026 and UBS thinks it may be as cheap as $1,800. Here’s what else to know

Initial production is expected to be limited, with estimates ranging from 10 million to 15 million units for the first wave.

15.07.2025 4

Fortune

Nick Lichtenberg

The college degree ‘safety premium’ is almost gone—but mainly because so many non-grads have given up looking for work

In 2025, the job-finding rate for college grads is just 0.9 percentage points higher than for non-degree holders, Goldman Sachs chief economist Jan...

15.07.2025 3

Fortune

Nick Lichtenberg

The U.S. is minting millionaires: China doesn’t even come close, UBS says in global wealth report

Mainland China added roughly 380 new millionaires per day, according to the UBS Global Wealth Report.

14.07.2025 2

Fortune

Nick Lichtenberg

Warner Brothers’ ‘Superman’ soars with third-biggest opening weekend of 2025, hits $217 million globally

It's a bird ... it's a plane ... it's ... a hit.

14.07.2025 4

Fortune

Nick Lichtenberg

AI’s Goldilocks Problem: Powell, Huang, and Amodei Can’t Agree—And Gen Z’s Fate Lies in the Balance

Dario Amodei, Jensen Huang, and Jerome Powell aren't equally bullish — or bearish — about AI. Will unemployment skyrocket to 20%, or will global...

14.07.2025 3

Fortune

Nick Lichtenberg