millennials

A new special purpose acquisition company, Aspirational Consumer Lifestyle Corp., will target premium consumer brands that have a focus on millennials and Generation Z.  The Leadership Team: Ravi Thakran is the chairman and CEO of this SPAC. He's the group chairman of LVMH Moet...

The U.S. economy has been expanding for roughly a decade, and unemployment is at its lowest level in nearly 50 years. But despite the fact that millennials have entered the workforce during one of the biggest economic booms in history, a new survey by Finty found that 40% of millennials expect they...

While many assume millennials are lazy and entitled, Home Depot Inc (NYSE: HD) CFO Carol Tomé says the demographic group made up the largest group of first-time homebuyers last year. Millennials Are Customers Too The reputation of millennials living with their parents indefinitely...

SoFi, an online personal finance company that mostly targets millennials, launched a new platform in early 2019 that allows clients to buy and sell stocks. One would assume that millennial investors are only interested in FANG stocks, but that isn't at all the case, SoFi CEO Anthony Noto told...

This week's Fintech Focus podcast takes a look at the burgeoning Generation Z market, and how developers and entrepreneurs are finding ways to bring financial education to teens. When we talk about fintech, we don’t often think about how it’s impacting the youngest generations. But...

A recent study from Bankrate revealed that cash is millennials' preferred long-term investment. While cash is certainly the safest bet in the near-term, historical evidence suggests millennials who stick to this investment strategy over time will be missing out on some major wealth. By The...

Only a small handful of companies can boast having large amount of brand loyalty from customers. The FANG group, an acronym CNBC's Jim Cramer coined to group together Facebook Inc (NASDAQ: FB), Amazon.com, Inc. (NASDAQ: AMZN), Netflix, Inc. (NASDAQ: NFLX), and Alphabet Inc (NASDAQ: GOOG) (...

Urbanization has become a defining characteristic of the millennial generation. Many American cities have been transformed by young professionals' preference for an urban lifestyle, complete with expensive coffee shops. As the extremely connected generation moves downtown to experience the city...

e.l.f. Beauty Inc (NYSE: ELF), a beauty and cosmetics company, is more accurately labeled as a "fast fashion beauty company," according to DA Davidson's Linda Bolton Weiser. The company sells high-quality and prestige-inspired beauty products at "extraordinary value" as the...

As electric cars, gigafactories, ride sharing and autonomous driving develop, the auto industry is on its way to some severe disruption. Millennial preferences and attitudes toward cars mean we will see a big shift in the industry in the decades to come. When Gene Munster of Loup Ventures sat down...

If millennials aren't interested in investing, is there any reasonable expectation for children to take up stock picking as a hobby? Savvy investors looking to teach their children a thing or two about finance should start as early as possible and not rely on the school system, CNBC's Jim...

As has been widely documented, exchange-traded funds are on a torrid pace of asset gathering this year. Through the first seven months of 2017, U.S.-listed ETFs added $191 billion in new assets, easily positioning the asset class to topple the inflows record set in 2016. And as has been previously...

Jim Cramer recently said on "Mad Money" that the boom in travel and leisure stocks is a direct result of millennials’ activity. Specifically, millennials are increasingly disinterested in consumer goods. “They don't have much of a yen for material goods anymore. They want...

To appeal to a broader client base, Fidelity Investments is embracing “all things digital” and recruiting millennial talent. “Frankly, we’re using millennials as the highest standard for how we create the capabilities and experiences,” Kathleen Murphy, president of...

Coach Inc (NYSE: COH)'s $2.4 billion acquisition of rival handbag and apparel maker Kate Spade (NYSE: KATE) is finalized, but begs the question: what impact will this have on Coach's stock? What You Need To Know One of the most important factors to consider is Kate Spade's very low...