Tech
Why Costco And Millennials Are Suddenly All About Gold
Millennials get a bad rap for killing a whole bunch of industries — cable television, landline phones, department stores.
But there is one super old industry that’s seeing a big bounce from the millennial generation. in, fact, it’s so old that it goes back to ancient egypt.
Gold.
Millennials actually hold the largest allocation to gold in their portfolios when compared to other generations.
Investors in that demographic hold an average of 17 percent of their portfolios in gold, compared to about 10 percent for baby boomers, according to state street data from 2023.
And so far, in 2024, gold has been a solid bet. Prices have soared to record highs.
So what’s behind the sudden interest in gold? and why is Costco of all places having trouble keep these small gold bars on store shelves?
Host: Pippa Stevens
Producer: Kasey O’Brien
Edited by: Tim Hurt
Associate Producer: Micah Washington
Graphics by: Christina Locopo and Jason Reginato
Supervising Producer: Jeff Morganteen
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How Costco And Record-High Prices Turned Gold Into A Hot Investment
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Tech
Meta Is Facing Its Biggest Trial Yet, And Its Future Hangs In The Balance
Meta is facing what could be its most consequential trial yet, as 29 state attorneys general accuse the tech giant of knowingly designing Facebook and Instagram to addict children and misleading the public about the risks. The states are seeking civil penalties that could approach $200 billion and changes to core features like infinite scroll and autoplay, while Meta says the claims are unsubstantiated and that it has built strong protections for teens. The outcome of the federal trial could reshape how social media platforms are designed and open the door to greater liability for companies across the industry. CNBC’s Julia Boorstin examines why this case could become Big Tech’s “Big Tobacco” moment, and what a loss could mean for Meta’s business and the future of social media.
Reporter: Julia Boorstin
Produced and Edited by: Andrew Evers
Senior Field Producer: Stephen Desaulniers
Additional Editing: Erin Black
Senior Director of Video: Jeniece Pettitt
Additional Footage: Getty Images
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The Meta Trial That Could Reshape Facebook And Instagram
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Tech
Micron’s $50 Billion Buildout In Its Hometown Of Boise Is Minting Millionaires
Micron was founded in the basement of a dental office in Boise, Idaho, nearly 50 years ago and has remained an under-the-radar semiconductor company for decades. Now, suddenly it’s minting millionaires and spending $50 billion to build new factories that are transforming its hometown into America’s latest boomtown. Unprecedented demand for memory has increased its stock value more than 10-fold since 2024. Sprawling homes are selling above listing price and Idaho has the fastest statewide population growth in the country. CNBC talked to wealth managers and real estate agents who now primarily work with Micron employees, jewelry store owners who say business is booming, and other Boise locals concerned about increasing traffic and strain on infrastructure, power and water.
Chapters:
0:00 Introduction
1:25 Made in Asia and America
3:49 Minting millionaires
5:35 People, power, water
Produced by: Katie Tarasov
Edited by: Zach Green, Erin Black
Camera: Lucas Mullikin, Macklin Fishman
Additional Reporting: CJ Haddad, Toby Burns
Senior Director of Video: Jeniece Pettitt
Animation: Jason Reginato, Emily Park
Additional Footage: Micron, Getty Images, SK Hynix, Samsung, College of Western Idaho
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Micron’s $50 Billion Buildout In Its Hometown Of Boise Is Minting Millionaires
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Tech
‘Gear Power’ Charging Station Unboxing | CNBC
Unboxing of GearPower, charging station that provides users with dual charging and a 12,000mAh high capacity battery on the go.
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‘Gear Power’ Charging Station Unboxing | CNBC
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Tech
The Cophenhagen Wheel: Hybrid Bicycles | Tech Yeah! | CNBC
CNBC’s Seema Mody looks at the Copenhagen Wheel, which can transform your bike into an electric hybrid, with Assaf Biderman, Superpedestrian.
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Tech Yeah! zeros in on the biggest trends, hottest issues and coolest gadgets making waves in the ever-changing world of technology.
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The Cophenhagen Wheel: Hybrid Bicycles | Tech Yeah! | CNBC
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Tech
What Will TV Look Like In 3 Years?
Media executives, including Jimmy Pitaro, Chris Winfrey, Anjali Sud and Jeff Zucker, share their predictions about what the TV market will look like three years from now with CNBC’s Alex Sherman and Lillian Rizzo.
Chapters:
0:00 Introduction
1:22 In three years, will we have hit a floor on cable TV subscribers?
2:41 What’s one thinkg that will become a TV industry standard that doesn’t exist today?
4:22 Will there be a major government action to prevent a Big Tech company from getting bigger in the entertainment industry?
6:01 Are we in a sports ratings bubble?
8:34 What is another service you think will gain significant market share?
Produced, Shot and Edited by Devan Burris
Reported and Hosted by Alex Sherman and Lillian Rizzo
Senior Managing Producers: Shawn Baldwin and Jordan Smith
Senior Director of Video: Lindsey Jacobson
Animation by: Jason Reginato
Additional Camera by: Rowan Buck
Additional Footage: Getty Images
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What Will TV Look Like In 3 Years?
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