The definitive collection of the best investing stories Business Insider published during the week ended May 8.
| | | | The definitive collection of the best investing stories Business Insider published during the week ended May 8. Peloton's recall will test the company's internal capacity for logistics and its two major logistics contractors: J.B. Hunt and XPO Logistics. Apple and "Fortnite" maker Epic Games are fighting in court — and spilling a ton of tea in the process. Unicorns are being created at a faster rate as investors pour record levels of funding into private companies this year. The workers said they're paid an average of $20/hour and are mad Google isn't footing the bill, despite saving $1 billion annually due to remote work. Duolingo's 350 workers will return to the office in September, led by its CEO who invented CAPTCHA and sold two companies to Google before he was 30. Labor shortages likely played a sizable role slowing job growth, but "I'm not quite ready to throw in the towel yet," Aneta Markowska told Insider. Companies like Twilio, Stripe, Snowflake, Amazon, Microsoft, and Google pioneered the usage-based pricing model, which is replacing SaaS. Credit Suisse has compiled a comprehensive list of their analysts' favorite stock picks for the next year that consensus opinion has underestimated. Peloton just celebrated its first billion-dollar quarter after a successful 2020, thanks to the pandemic and home exercise trends. | | | | | |
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