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The deal makes UFC and Zuffa Boxing the first sports organizations to incorporate prediction market technology into live events.
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Kim Kardashian's Skims raised $225 million from Goldman Sachs, valuing the brand at $5 billion. The capital will fund expansion and could delay an expected IPO.
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Two new bots integrated within Google Ads can help marketers build and analyze their campaigns autonomously.
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Rather than focusing on low multiples to earnings, value-stock selection should include quality factors supporting long-term growth, according to Warren Koontz of Jennison Associates.
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Reality? What reality?
Soon, apparently, everything from brand assets to corporate videos to illustrations will be created differently using Adobe's creative and enterprise apps and its generative AI tool Firefly. You'll literally be able to speak to paint (or make video).
If you can say it, you can draw it
At Adobe Summit, the company also announced Adobe Express for Enterprise, a new tool to create, share, and collaborate on high-quality brand content such as multimedia assets, social posts and more. It's about to introduce generative AI tools within Photoshop, After Effects, Premiere Pro, and its customer experience tools. And it rolled out a new content creation tool for enterprise users.
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Buy expensive stocks - or build a whole portfolio - on the cheap. Fractional shares, increasingly available at online brokers including Schwab, Fidelity and Robinhood, allow you to buy a portion of a stock you might not otherwise be able to afford. You can even put together a portfolio of stock snippets, giving you a diversified ownership stake in the best of corporate America, even if you're just starting out and your budget is limited.
SEE MORE 11 Stock Picks That Billionaires Love
Say you had $1,000 to invest and wanted to buy stock in NVR (NVR), a homebuilder recently rated Strong Buy by investment research firm CFRA. You'd be out of luck, considering the shares recently traded for about $4,200 a pop. But at Schwab, for example, you'd be able to buy what the company calls a Stock Slice - a single slice or up to 30 slices at a time of any S&P 500 stock for as little as $5 per slice, commission-free. With Fidelity's Stocks by the Slice program, you can access more than 7,000 U.S. stocks and exchange-traded funds (ETFs) for as little as $1.
You can also trade fractional shares at Robinhood and InteractiveBrokers, each with programs starting at $1. Eligible stocks and ETFs at Robinhood trade for more than $1 per share and have a market value of more than $25 million. InteractiveBrokers allows trading in U.S. and European stocks and ETFs. Vanguard is testing fractional trading of Vanguard ETFs for launch later this year. The rules and eligible investments for fractional share-buying differ by broker, so be sure to compare options.
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