• How much would you pay for a single AI killer app?

    Gmail app on a smartphone screen
    The Gmail app waiting to be touched

    How much would you pay for a single AI killer app?

    Hedge fund honcho Sam Leffell has views. I got to know Sam while researching ChatGPT's predictive abilities. He uses that leading AI tool constantly for work and in his personal life.

    He also tried Google's Gemini earlier this year and became obsessed with a Gmail feature called Polish that uses AI to improve any email with at least 12 words in it. You just press Alt+H on Windows PCs, or Option+H on Macs, and Gemini swoops into action. (That's polish, the shining process, not Polish the language).

    Sam said this was the most useful Gemini feature. "Writing emails now takes a fraction of the time it used to," he said. "I still make picky edits, but it's a lot quicker and better."

    Here's the wrinkle: He turned off his Gemini paid subscription after a while because, anecdotally for him, it was not as good as ChatGPT. Then, the Polish feature from his Gmail suddenly disappeared. Unacceptable!

    "That surprised me," Sam said. "So now I'm paying Google a certain amount each month, just to have this button to polish all my emails. That's how valuable this is."

    The first paid tier of Gemini is $20 a month. That's a lot for one feature.

    Sign up for BI's Tech Memo newsletter here. Reach out to me via email at abarr@businessinsider.com.

    Read the original article on Business Insider
  • Here’s what Warner Bros. Discovery CEO David Zaslav said about the Netflix deal at a company town hall

    David Zaslav
    Warner Bros. Discovery CEO David Zaslav addressed employees at a company town hall.

    • The Netflix-Warner Bros. Discovery deal would be one of the biggest ever in the media industry.
    • WBD CEO David Zaslav told employees not to worry in a town hall on Friday afternoon.
    • "Netflix is an exceptional company" with "a great, sustainable future," Zaslav said.

    Warner Bros. Discovery CEO David Zaslav presented an upbeat take on the company's new mega-merger with Netflix during a Friday all-hands with employees.

    "This is a big day for Warner Bros.," Zaslav said at a company global town hall, a recording of which was obtained by Business Insider.

    Netflix plans to buy the Warner Bros. studio and streaming assets in an industry-shaking $72 billion deal, the companies announced on Friday. WBD's TV networks like CNN and TNT will be part of a spinoff in mid-2026, as the media conglomerate had originally planned.

    WBD's town hall on Friday afternoon at 1:30 pm ET seemed designed to answer employees' questions and assuage any fears about the Netflix deal. Zaslav also sent a memo to staffers, several of whom told BI they were worried about their job security as the company undergoes another major deal. That's especially true because Netflix has its own top-tier tech that could render some of WBD's obsolete.

    "The intention is, they want to keep most people," Zaslav said of Netflix on the call.

    WBD CFO Gunnar Wiedenfels, who will lead Discovery Global after it's spun off from the main company, said on the call that while the WBD as the world knows it will come to an end, he's excited for the future.

    "It's an emotional day, I think, for all of us," Wiedenfels said.

    What WBD execs said about the split, bidding war, and sale

    Early on the call, Zaslav acknowledged that WBD and its employees had gone through a slew of changes since he engineered a merger between WarnerMedia and Discovery in 2021.

    "In the end, we've gotten a lot more right than we've gotten wrong," Zaslav said.

    The WBD CEO reiterated that the company had planned to split itself before Paramount expressed its interest with an unsolicited offer. As a public company, Zaslav explained that it was executives' duties to get the best possible offer.

    "Our No. 1 focus is to drive shareholder value," Zaslav said.

    As Netflix, Paramount Skydance, and Comcast put forth offers, Zaslav said that the bidding war got noisy.

    "It was more public than we would have liked," Zaslav said of the bidding process.

    WBD employees should be flattered by the interest from Netflix and other companies, Zaslav said.

    "They wanted to figure out how to get into business with all of you," Zaslav said of WBD's suitors. He also said there may be more noise ahead, so "put your seatbelts on."

    In the end, WBD executives told employees that they took the best offer on the table.

    "Netflix is an exceptional company," Zaslav said. "I think it has a great, sustainable future."

    As Netflix incorporates HBO Max content, Zaslav said that "more people will be getting nourished" by HBO and Warner Bros. content.

    Netflix execs also explained their views on the deal

    After announcing its blockbuster deal on Friday, Netflix also moved to answer questions from Wall Street analysts, investors, employees, movie-theater owners, and government regulators.

    Here's what Greg Peters, the Netflix co-CEO, said about the deal on a call with analysts: "This acquisition will allow us to significantly expand our production capacity in the United States and keep investing in original content over the long term. That means more opportunities for creative talent; it means more jobs created across the entire entertainment industry."

    This story is developing and will be updated.

    Read the original article on Business Insider
  • OpenAI’s Code Red: Protect the loop, delay the loot

    OpenAI CEO Sam Altman attends a State Banquet at Windsor Castle, in Windsor, Britain, on September 17, 2025, during the second State Visit of US President Donald Trump.
    OpenAI CEO Sam Altman attends a State Banquet in Britain

    OpenAI spread itself too thin, and CEO Sam Altman knows it.

    His "Code Red" to employees this week marks a reset: Focus on improving ChatGPT, and pause lower-priority initiatives. The most striking pause is advertising. Why delay such a lucrative opportunity at a moment when OpenAI's finances face intense scrutiny?

    Because in tech, nothing matters more than users.

    Google built its Search empire on this principle. Every query and click fed a feedback loop: user behavior informed ranking systems, which improved results, which attracted more users. Over time, that loop became an impenetrable moat. Competing with it has proven nearly impossible.

    ChatGPT occupies a similar position for AI assistants. Nearly a billion people now interact with it weekly, giving OpenAI an unmatched new window into human intent, curiosity, and decision-making. Each prompt and reply can be fed back into model training, evaluations, and reinforcement learning to strengthen what is arguably the world's most powerful AI feedback loop.

    Altman's Code Red aims to protect that advantage. If ChatGPT becomes more useful, people will use it more, which strengthens the loop, which improves the product again — a compounding cycle that could make ChatGPT as unassailable in AI answers as Google is in search.

    But that dominance is no longer assured. Google's Gemini 3 rollout has lured new users. If ChatGPT's quality slips or feels cluttered, defecting to Google becomes easier. Introducing ads now risks exactly that. Even mildly irritated users could view ads as one annoyance too many.

    For now, OpenAI is betting on new model releases to reaccelerate ChatGPT's growth. Ads can wait, but not forever. Generative AI is expensive to run, more so than Search or social networks. OpenAI has already committed to spending hundreds of billions of dollars on infrastructure to serve ChatGPT at a global scale. At some point, those bills will force the company to monetize more aggressively.

    If OpenAI manages to build even half of Google's Search ads business in an AI-native form, it could generate roughly $50 billion in annual profit. That's one way to fund its colossal ambitions.

    But that future depends on the strength of today's feedback loop. For now, the priority is clear: make ChatGPT undeniably better, pull more users in, and keep the flywheel spinning. Ads can come later. User growth can't wait.

    Sign up for BI's Tech Memo newsletter here. Reach out to me via email at abarr@businessinsider.com.

    Read the original article on Business Insider
  • 3 common mistakes customers make at a wine tasting, according to a server at a winery

    The writer, Katelyn Snodgrass, wears a white cardigan and smiles as she pours white wine into a glass.
    While working at a winery, I've seen guests make a few common mistakes.

    • I've been a server at a winery for years, so I've seen guests make their fair share of mistakes.
    • For example, I often find that guests don't want to expand their horizons during a tasting.
    • Additionally, some customers don't realize they should tip the staff in a tasting room.

    As a server, I've always thought of wine tastings as opportunities to share my love for the beverage with others.

    But after working at a winery for over seven years, I've seen almost everything, from wannabe wine sommeliers to guests who think a tasting is an excuse to get drunk with a view.

    Here are some of the biggest mistakes customers make at tastings.

    Refusing to try certain wines

    A hand holding a bottle of red wine pouring into a wine glass, with the server's white cardigan and green shirt in the background.
    I encourage guests to try new wines at a tasting.

    One of the most common mistakes I've noticed is that people assume they know exactly what a wine will taste like based on its name or varietal.

    I've had guests turn their noses up when I say "riesling" and immediately declare that they don't like sweet wines. In reality, not all rieslings are sweet — some are incredibly dry, with crisp acidity and minerality.

    That's why I encourage guests to taste wine like it's their first time trying it. You might think you know what you'll like, but sometimes the name of the wine doesn't tell the whole story.

    In my opinion, the best part of a wine tasting is discovering something unexpected that charms your taste buds.

    Acting unruly when in a large group

    A hand pouring wine into a glass as a hand holding a wine glass with a temporary "Bride Tribe" tattoo on the wrist and a person with a "Bride to Be" sash and a veil in the background.
    It's important to establish your expectations if you're part of a large party celebrating a special occasion.

    Managing the expectations of large groups who come in for bachelorette parties, birthdays, or other celebrations can be challenging.

    From what I've seen, the tasting-room staff have good reason to run and hide in the kitchen if someone walks in wearing a "bride" sash. Don't get me wrong — I love a good chance to day drink, but sometimes guests arrive expecting to do what they see in the movies.

    They envision wine tastings as an opportunity to slam rosé and run through the vines, but an intimate tasting room isn't the space for that. It's a refined experience, focusing on savoring the wine and enjoying the setting.

    I always recommend reserving a private tasting room for larger parties or calling ahead to establish proper expectations so everyone can enjoy the experience without stepping on any toes.

    Not tipping the staff after a tasting

    A wooden table with a small black clipboard with a receipt and cash and coins stacked on top.
    In my experience, many guests forget to tip their server at a winery.

    Many guests forget or don't realize that tipping is customary in a winery's tasting room. The setting is a bit more relaxed than at a restaurant, so some people often don't associate the tasting room with tipping.

    However, the tasting-room staff work hard to make your experience enjoyable, and many of us rely on tips.

    Tipping might not be required, but it's a small gesture that goes a long way in acknowledging a server's effort to make each tasting special.

    Read the original article on Business Insider
  • With a boom and sparks, this $60 million Navy jet’s aircraft carrier landing unraveled in seconds

    An F/A-18E Super Hornet, attached to the "Sunliners" of Strike Fighter Squadron (VFA) 81, lands on the flight deck of the Nimitz-class aircraft carrier USS Harry S. Truman (CVN 75).
    An F/A-18 lands on the flight deck of the aircraft carrier USS Harry S. Truman.

    • A critical system failed as a fighter jet was landing on an aircraft carrier earlier this year.
    • The $60 million F/A-18 fell off the deck of the USS Harry S. Truman and into the Red Sea.
    • A new Navy investigation shows how the landing unraveled in a matter of moments.

    As the fighter jet landed on the aircraft carrier, a critical piece of the landing system blew apart, shot across the machinery room, slammed into equipment a sailor had been sitting at only moments earlier, and then hit the deck spinning “like the Tasmanian devil.”

    "Something bad just happened," a sailor in the room said as he raced to get help. The other sailor who narrowly avoided catastrophe suffered a minor injury and had their headset ripped off in the incident.

    One of the arresting gear cables — the tensioned wires that US Navy fighter jets hook onto during landings at sea — had broken as the crucial machinery that absorbs the landing plane's force came apart beneath the flight deck. The failure destabilized the F/A-18 Super Hornet that had just touched down.

    Asymmetric forces threw the aircraft off-center. With no chance of regaining flight, the aviators ejected as it shot off the deck and into the sea. It all unfolded in a matter of seconds.

    A new Navy investigation into the disastrous landing, reviewed by Business Insider prior to its release on Thursday, highlights how quickly routine carrier operations can go terribly wrong.

    The May 6 incident, which injured two naval aviators, marked the second Super Hornet loss in a matter of days — and the third overall for the carrier USS Harry S. Truman's Middle East deployment.

    The command investigation into the costly mishap details how one of the carrier's arresting cables failed to stop the fighter jet, which left a trail of sparks and flames as it flipped off the flight deck and into the Red Sea.

    An F/A-18F Super Hornet, attached to the "Red Rippers" of Strike Fighter Squadron (VFA) 11, lands on the flight deck of the Nimitz-class aircraft carrier USS Harry S. Truman.
    Aircraft carriers have multiple arresting cables on the flight deck.

    Rear Adm. Sean Bailey, commander of the Navy's Carrier Strike Group 8, led by the Truman, said in the investigation that the loss of the $60 million fighter jet was "entirely preventable."

    A rough landing

    The Truman and its strike group spent months in the Red Sea leading Navy combat operations against the Houthis, an Iran-backed rebel group in Yemen that had been attacking important Middle East shipping lanes.

    Flight operations were running at a higher tempo, with the carrier launching and recovering aircraft dozens of times a day.

    For aircraft recoveries, Nimitz-class carriers like the Truman typically have four arresting cables tensioned across the flight deck to catch the tailhook of a landing plane and decelerate it instantly.

    On May 6, as the two-seater F/A-18F was landing that night, everything looked normal right up until the jet hooked the arresting cable.

    Arresting gear sailors heard what sounded like an explosion, parts were flying around the machinery space, and on deck, sparks were shooting out of the jet, followed by flames.

    It was dark, and the air boss overseeing the flight operations and landing signal officers, unaware that the cable had parted, thought the fighter's engine had ingested foreign object debris.

    The Nimitz-class aircraft carrier USS Harry S. Truman (CVN 75) conducts carrier qualifications in the Atlantic Ocean. Truman is underway, carrying out routine operations that support the Navy's commitment to readiness, innovation, and future fleet lethality.
    The carrier Truman suffered multiple mishaps during its Middle East deployment.

    The aircraft was leaning left as it moved down the landing zone. "POWER!" the lead LSO called. "ROTATE, CLIMB!" The fighter jet was traveling too fast to stop, but not fast enough to take off. A back-up LSO realized the aircraft wasn't climbing and made the call.

    "EJECT, EJECT, EJECT!" the officer called out.

    The aircraft rolled and then knife-edged at 90 degrees. Moments later, it plunged into the Red Sea.

    The "man overboard" call went out a minute after the plane first touched the deck. Sailors on the flight deck didn't see any parachutes deploy after their cockpit ejection amid the disarray, but a few minutes later, they saw the two aviators illuminate their flashlights in the water around 100 yards away.

    Twenty minutes later, a rescue helicopter and swimmers arrived on scene to recover them. The aviators suffered minor injuries.

    The 'critical point of failure'

    The command investigation blamed the mishap on a mix of factors, including the ship's high operational tempo, understaffing, and errors by the arresting gear operator, who ensures the system is ready to counteract the landing aircraft's momentum.

    According to the investigation, "the primary contributor in the chain of events that led to the mishap" was inadequate maintenance on the sheave damper crosshead and clevis pin, components of the arresting gear system.

    Airman Richard Moothery communicates over a sound-powered telephone while standing watch inside an arresting gear sheave damper room aboard the Nimitz-class aircraft carrier USS Abraham Lincoln.
    The room where a carrier's arresting cables are operated.

    The root cause, the investigation report said, was "the material failure of the clevis pin." The pin lacked a washer, a small part that helps keep the system in place. That maintenance oversight ended with a jet in the water and two aviators overboard.

    It's possible this mechanism had been loosening for some time before the mishap, the investigation said. A missing washer could allow the pin in the arresting gear to work loose and shear off, ultimately causing internal parts in the gear to come apart under and the arresting cable to break.

    Sailors across the board were poorly trained, the investigation determined, and a maintenance support sailor who was supposed to inspect the arresting cable and its mechanisms hadn't thoroughly done so.

    Vice Adm. John Gumbleton, acting head of Fleet Forces Command, wrote in a letter attached to the investigation that Truman's leadership across all levels "allowed the air department's aircraft launch and recovery equipment maintenance program standards to decline, ultimately leading to a critical point of failure."

    The May 6 incident was the fourth major mishap that the Truman and the rest of its strike group suffered during the monthslong Middle East combat deployment.

    In December, the cruiser USS Gettysburg mistakenly shot down one of the Truman's F/A-18s. A few months later, in February, the carrier collided with a commercial vessel. And in April, just over a week before the arresting cable incident, a fighter jet and a tow tractor fell overboard as the carrier made a hard turn to evade incoming Houthi missile fire.

    Read the original article on Business Insider
  • 3 high-quality ASX ETFs to buy in December

    Young Female investor gazes out window at cityscape

    Whether you’re preparing for 2026 or looking to position yourself ahead of the next market cycle, a focus on quality stocks remains one of the most reliable long-term strategies.

    With that in mind, let’s take a look at three high-quality ASX exchange traded funds (ETFs) that analysts at Betashares have recommended to investors recently. Here’s what you need to know about them:

    Betashares Global Quality Leaders ETF (ASX: QLTY)

    The Betashares Global Quality Leaders ETF is designed to give investors exposure to some of the highest-quality companies in the world.

    It screens global stocks for strong earnings stability, high returns on equity, and low financial leverage. Companies that boast these characteristics tend to hold up well during periods of market stress.

    Inside this ASX ETF, you will find big names such as Johnson & Johnson (NYSE: JNJ), Microsoft (NASDAQ: MSFT), and ASML Holding (NASDAQ: ASML). These are businesses with long histories of consistent profitability, wide economic moats, and strong cash generation.

    What makes the fund particularly attractive in December is the market’s renewed focus on financial strength and earnings durability. When volatility strikes, quality tends to outperform, and this ASX ETF provides a simple way to gain exposure to it.

    Betashares Australian Quality ETF (ASX: AQLT)

    While the Betashares Global Quality Leaders ETF looks globally, the Betashares Australian Quality ETF applies a similar quality-focused approach to the Australian share market.

    It selects local stocks based on return on equity, earnings stability, and low debt levels. This means the ASX ETF tends to favour companies with strong competitive advantages.

    Key holdings include Wesfarmers Ltd (ASX: WES), CSL Ltd (ASX: CSL), and ResMed Inc. (ASX: RMD), which are all businesses known for dependable earnings and world-class management.

    One standout is CSL. It remains one of Australia’s strongest global healthcare businesses. Its plasma division, R&D pipeline, and expanding manufacturing footprint provide a long-term growth story that fits perfectly inside a quality-focused ETF.

    For investors wanting exposure to strong Australian companies without trying to handpick winners, this fund could be an excellent choice.

    BetaShares India Quality ETF (ASX: IIND)

    India is one of the world’s fastest-growing major economies, and the BetaShares India Quality ETF gives investors targeted exposure to the highest-quality companies within that market.

    As with the others, the fund screens Indian stocks for strong profitability, low debt, and consistent earnings. This creates a portfolio of businesses positioned to benefit from India’s structural economic expansion.

    Holdings include Infosys (NYSE: INFY), Reliance Industries (NSEI: RELIANCE), and Tata Consultancy Services (NSEI: TCS). These companies are leaders in software services, telecommunications, and industrial growth, which are sectors that are expected to thrive as India’s middle class expands and digital adoption accelerates.

    With global investors increasingly recognising India’s long-term potential, the BetaShares India Quality ETF offers a straightforward way to participate in what could be one of the strongest economic stories of the next decade.

    The post 3 high-quality ASX ETFs to buy in December appeared first on The Motley Fool Australia.

    Should you invest $1,000 in BetaShares Australian Quality ETF right now?

    Before you buy BetaShares Australian Quality ETF shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and BetaShares Australian Quality ETF wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 18 November 2025

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    }

    More reading

    Motley Fool contributor James Mickleboro has positions in CSL. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended ASML, CSL, Microsoft, and Wesfarmers. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Johnson & Johnson and has recommended the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool Australia has recommended ASML, CSL, Microsoft, and Wesfarmers. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • Prediction: This will be the world’s largest company by year-end 2026 (Hint: It’s not Nvidia)

    AI written in blue on a digital chip.

    This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

    Key Points

    • Alphabet is the world’s most profitable tech company, but only the third-largest by market cap.
    • Its also the cheapest megacap tech stock on a trailing P/E basis.
    • The company’s vertically integrated AI stack gives it an advantage that should begin to draw more investor interest in the name.

    Nvidia (NASDAQ: NVDA) is currently the world’s largest company with a market cap nearing $4.4 trillion, followed by Apple (NASDAQ: AAPL) at around $4.2 billion, as of this writing. However, I think Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) will take the top spot by the end of 2026.

    Alphabet is currently the world’s third-largest company with a market cap of around $3.9 trillion, just ahead of Microsoft (NASDAQ: MSFT) at $3.6 trillion. They are the only four companies with market caps above $3 trillion.

    Let’s dig into why Alphabet is poised to become the world’s largest company by the end of next year. 

    Alphabet is a market leader

    Alphabet is actually already the world’s most profitable tech company. Its trailing 12-month earnings of $124.5 billion and quarterly earnings of $35 billion are both tops among megacap tech names. From a trailing price-to-earnings (P/E) basis, it’s also the cheapest of the group.

    Data by YCharts.

    However, stock prices are often about the future, and Alphabet has one of the brightest futures in big tech. What is so exciting about Alphabet is that it’s the company that developed the best artificial intelligence (AI) tech stack. The company has taken a vertically integrated approach, which gives it an advantage that should only grow wider in the future.

    Alphabet’s big edge is that it has developed both its own top-tier custom AI chips and a world-class foundational large language model (LLM). No other company has a tech stock in these areas that is as far along as Alphabet.

    In addition, it also has a top machine learning software platform in Vertex AI that helps create, train, and deploy custom AI models, usually based on its Gemini model, although it also supports third-party open-source models like Meta Platforms‘ Llama. It’s also a storage and data analytics leader with Colossus and BigQuery, and it even has its own fiber network to reduce latency. Its pending acquisition of cloud security leader Wiz will only add to its full-stack solution.

    The company’s biggest advantage, though, is its custom AI chips, called tensor processing units (TPUs), which entered development more than a decade ago, and they are now in their seventh generation. The chips were optimized for Google Cloud’s TensorFlow framework, and have been battle-tested running Alphabet’s internal workloads. Having its own custom AI ASICs (application-specific integrated circuits) gives Alphabet a huge cost advantage both over rival cloud computing and AI model companies like OpenAI. It can just train models and run inference more cost-effectively both for itself and for customers.

    This all helps Alphabet achieve a better return on its capital expenditure (capex) than competitors, who depend on Nvidia’s more expensive graphics processing units (GPUs) to train their LLMs, creating a virtuous cycle. Lower costs and a better ROI (return on investment) lead to better products and solutions, which allow it to invest more into them, continuing to make them better.

    Meanwhile, by developing its own world-class AI model, Alphabet captures a larger portion of the revenue and can integrate it into other products like Google Search. Today, AI-powered features, such as AI Mode and AI Overviews, are helping drive queries and search revenue growth. At the same time, with its massive ad network, few companies are as capable as monetizing search and AI discovery.

    On top of that, Alphabet has other huge advantages. First and foremost is the huge distribution advantage the company has through its ownership of the Chrome browser and Android smartphone operating system, which both have over 70% market share. Throw in its revenue-sharing deal to be the default search engine on Apple devices, and Google is essentially the gateway to the internet for most people. It also has a data advantage, given its decades of search queries and YouTube video uploads.

    The road to becoming the world’s largest company

    Alphabet is already the world’s most profitable tech company, and as more investors start to recognize its position as the AI company to beat, the stock should have strong upside from here. Its valuation is reasonable, and it should be able to outpace its growth expectations next year.

    That should help propel it to become the world’s largest company by next year.

    This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

    The post Prediction: This will be the world’s largest company by year-end 2026 (Hint: It’s not Nvidia) appeared first on The Motley Fool Australia.

    This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

    Should you invest $1,000 in Alphabet right now?

    Before you buy Alphabet shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Alphabet wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 18 November 2025

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    This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

    More reading

    Geoffrey Seiler has positions in Alphabet. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Alphabet, Apple, Meta Platforms, Microsoft, and Nvidia. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool Australia has recommended Alphabet, Apple, Meta Platforms, Microsoft, and Nvidia. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • Cost of a comfortable retirement rises to record high: ASFA

    a man in a business suit has a stern look on his face as he leans forward and peers over his glasses.

    The cost of a comfortable retirement has hit a record high, according to the Association of Superannuation Funds of Australia (ASFA).

    For homeowners aged 65 and over, a comfortable retirement now costs $76,505 per annum for couples and $54,240 for singles.

    ASFA says this represents a 3.5% increase for couples and 3.6% for singles over the past 12 months.

    By comparison, consumer inflation has lifted by 3.2%, indicating retirees have borne a greater increase in expenses than non-retirees.

    ASFA said:

    This underscores that retirees are experiencing stronger price pressures than the general population because they spend more of their budget on essential items that have risen the most.

    ASFA defines a comfortable lifestyle as enough money to cover the basics plus top level private health insurance, many exercise and leisure activities, occasional restaurant meals, a domestic holiday every year, and an international trip every seven years.

    ASFA created the Retirement Standard, which is Australia’s definitive retirement budgeting guide, in 2004.

    The Retirement Standard is updated every quarter for inflation.

    Last week, ASFA released its September quarter estimates of how much retirement costs in Australia.

    ASFA also publishes expense estimates for a modest lifestyle for both homeowners and renters.

    ASFA defines a modest retirement as having basic private health insurance, a cheaper car, basic internet and mobile phone, infrequent exercise and leisure activities, few restaurant meals, and one Australian holiday per year.

    According to the September quarter update, a modest retirement now costs $50,866 per year for couple homeowners.

    For single homeowners, a modest lifestyle now costs $35,199 per annum.

    For renters, a modest retirement now costs $67,125 annually for couples and $49,676 for singles.

    Retirement is more expensive for renters because their housing costs are higher.

    Why have retirement costs jumped to record levels?

    ASFA CEO Mary Delahunty said prices for essential items have risen faster than other categories, creating a greater impact for retirees.

    Retirees might be feeling the squeeze this Christmas because prices have risen fastest in the things they spend most on, like food, energy and health. Some older people may cut back on pricier gifts, travel and social occasions to stay on top of the basics.

    However, thanks to superannuation, most Australian retirees are living with additional income beyond the Age Pension each month, which makes them more financially resilient, including at financially stressful times of the year like Christmas.

    In the September quarter, the cost of eating out or ordering takeaway rose by 1.3%.

    Property rates rose 6.3% and electricity prices increased 9%.

    Domestic holidays and accommodation lifted 5.2% and audio, visual, and media services rose 9.3%.

    What about superannuation?

    The superannuation savings required to fund a comfortable retirement remained the same in the September quarter.

    Homeowner couples need $690,000 in super and singles need $595,000 by age 67 to fund a comfortable lifestyle.

    A modest retirement for homeowners requires just $100,000 in super for both couples and singles.

    Renters need $385,000 (couples) or $340,000 (singles) in superannuation savings to fund a modest lifestyle.

    As we reported in October, more Australian retirees are living mainly off their superannuation instead of the pension.

    In its Retirement and Retirement Intentions report, the Australian Bureau of Statistics said:

    Between 2014-15 and 2024-25, the proportion of retired people with superannuation as their main source of income has increased from 20% to 28%.

    Australians born on or after 1 January 1957 become eligible for the pension at age 67.

    The full pension, including both supplements, is $1,777 per fortnight (combined) for couples and $1,178.70 per fortnight for singles.

    There are 4.5 million retirees aged over 45 in Australia today.

    The post Cost of a comfortable retirement rises to record high: ASFA appeared first on The Motley Fool Australia.

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  • The 28-year rise of Netflix, from DVD-by-mail service to Hollywood juggernaut

    Netflix on a phone
    Netflix cracked down on password-sharing in 2024, helping to boost its fortunes.

    • Netflix has grown into the world's largest streaming service with more than 300 million subscribers worldwide.
    • It's come out on top in the streaming wars, and now plans to acquire Warner Bros. in a $72 billion deal.
    • Here's a look at Netflix's rise and what's next.

    In the last two decades, Netflix has grown from a DVD company to the winner of the streaming wars — and now a major Hollywood acquirer.

    Reed Hastings and Marc Randolph founded Netflix in 1997, launching its DVD rental business the following year. Netflix's video streaming service debuted a decade later in 2007.

    The rise of Netflix prompted competitors like Disney, Comcast, and more to launch their own rival services, kicking off the streaming wars. Netflix has remained dominant — and plans to grow larger still, striking a deal to acquire HBO Max and a slew of major film and TV franchises as part of a $72 billion acquisition of Warner Bros. Discovery.

    Here's how Netflix rose into a Hollywood behemoth.

    1997: Netflix is founded by Reed Hastings and Marc Randolph.
    Reed Hastings
    Netflix.com Chief Executive Officer Reed Hastings sits in a cart full of ready-to-be-shipped DVDs January 29, 2002 in San Jose, CA. The online DVD rental site has 500,000 subscribers who can rent, receive and return unlimited discs per month by mail.

    Netflix was founded after Reed Hastings was charged a $40 late fee for an overdue rental from Blockbuster.

    Blockbuster closed in 2014, while Netflix remains atop the entertainment industry.

    1998: Netflix launches a DVD-by-mail rental service and former Amazon CEO Jeff Bezos offers to buy the company later that year.
    Jeff Bezos points and looks off camera onstage

    In his book "That Will Never Work: The Birth of Netflix and the Amazing Life of an Idea," Randolph wrote that he and Hastings met with Bezos in 1998, who offered them "probably something between $14 million and $16 million," Randolph wrote. They turned down the offer.

    1999: Netflix begins offering a subscription-based model, in which customers could choose movies to rent-by-mail for a monthly fee.
    netflix dvd mail
    Netflix DVDs return mailers are shown in a mail box in Encinitas, California Oct. 21, 2013.

    Netflix gained 239,000 subscribers in its first year, according to Inc.

    2002: Netflix goes public. Randolph exits the company soon after.
    Netflix co-founder, Marc Randolph

    "As you get older, if you're lucky, you realize two things: what you like, but also what you're good at," Randolph told Forbes in 2019 on why he left Netflix. "The answer to both of them [for me] is early-stage companies. I like the chaos. I like the fact that you're working on hundreds of things at once."

    2007: Netflix launches a video streaming service, free for its already-existing DVD-rental subscribers.
    reed hastings

    Netflix ended 2006 with over 6 million subscribers for its DVD-rental service.

    The company's stock dropped 6% with the announcement. But Hastings, who was CEO at the time, said that he had "gotten used to" reservations.

    2012: Netflix debuts "Lilyhammer," its first original series.
    lilyhammer netflix
    "Lilyhammer."

    The show was originally broadcast in Norway, but Netflix acquired the rights. It laid the foundation for Netflix's binge-release model and its surge in original programming, including expanding into international markets.

    "This was the first time we streamed a show across multiple countries and languages … and it worked," Netflix's current co-CEO Ted Sarandos wrote in a blog post in February 2022.

    2013: Netflix ramps up its original programming.
    Laverne Cox on "Orange is the New Black"
    Laverne Cox on "Orange is the New Black."

    "House of Cards" and "Orange Is the New Black" are quickly become smash hits for Netflix, gaining critical acclaim and Emmys recognition.

    2015: Netflix releases its first original feature film, "Beasts of No Nation."
    Beasts of No Nation
    Directed by Cary Joji Fukunaga.

    The Cary Joji Fukunaga film, which was shot in Ghana, was the first of its kind to be released only on Netflix.

    2017: Netflix surpasses 100 million subscribers.
    Netflix
    Netflix.

    Netflix hit 100 million subscribers 10 years after it launched its streaming service.

    2018: Netflix wins its first feature-film Oscar: best documentary feature for "Icarus."
    icarus netflix

    Later in 2018, Netflix releases "Roma," which becomes the streamer's first best-picture nominee the following year.

    Netflix has yet to nab the Oscars' top prize, though, despite elaborate campaign spending. Apple TV+ won best picture for "CODA," becoming the first streaming platform to do so.

    2020: Netflix names Ted Sarandos, its creative chief, as co-CEO with Hastings
    ted sarandos netflix
    Netflix's Chief Content Officer Ted Sarandos speaks onstage during the Netflix portion of the 2015 Summer TCA Tour.

    Ted Sarandos and Reed Hastings have known each other since 1999. (You can read about how Sarandos nailed his original job interview with the company here.)

    January, 2021: Netflix announces that it surpassed 200 million subscribers.
    a person downloading netflix on their phone
    Netflix.

    It took Netflix ten years to get its first 100 million subscribers — and under four years to double it.

    September 2021: Netflix wins more Emmys than any network or streaming service for the first time.
    the crown

    Netflix nabbed best-series wins for the first time with "The Crown" (drama) and "The Queen's Gambit" (limited series).

    October 2021: Netflix faces its most public controversy yet, after some employees speak out against Dave Chappelle's Netflix special, "The Closer," in which he makes comments many criticized as transphobic.
    dave chappelle the closer
    Chappelle in "The Closer."

    Chappelle said in the special that "gender is a fact" and defended "Harry Potter" author J.K. Rowling, who came under fire for past transphobic comments.

    Sarandos defended Chappelle in a memo to employees, saying in part: "Chappelle is one of the most popular stand-up comedians today, and we have a long standing deal with him. His last special, 'Sticks & Stones,' also controversial, is our most watched, stickiest, and most award winning stand-up special to date."

    Netflix trans employees planned a walkout in response to the special and Sarandos' comments.

    November 2021: Netflix launches its first video games around the world.
    netflix games

    Netflix's video games launch was free as part of a user's subscription.

    April 2022: Netflix reports that it lost subscribers for the first time in a decade in the first quarter of 2022.
    Netflix CEO Reed Hastings
    Netflix CEO Reed Hastings

    Aside from the economic strains of the coronavirus pandemic, Netflix blamed the subscriber loss partly on password sharing. It said that it estimated that an additional 100 million people use Netflix with a shared password. 

    It also acknowledged increased competition. New streaming services like Disney+, HBO Max, Paramount+, and more entered the space on top of already existing rivals like Hulu and Prime Video.

    April 2022: Hastings confirms that an ad-supported tier is coming to Netflix.
    Reed Hastings attends a panel during Netflix's 'See What's Next' event at Villa Miani on April 18, 2018 in Rome, Italy.

    Hastings confirmed during Netflix's April 2022 earnings call that the company plans to roll out an ad-supported plan — something it has pushed back against in the past — as the streaming service faced slowing revenue growth and lost subscribers.

    Other streamers have, like HBO Max and Paramount+, have embraced ads. Disney+, Netflix's biggest rival, has also launched an ad-supported option.

    July 2022: Netflix loses subscribers for the second quarter in a row, a first for the company.
    stranger things
    "Stranger Things" season four.

    In Q2 2022, Netflix said it lost 970,000 subscribers, a sign of company's struggles that further underscored why it was introducing an ad-based plan and cracking down on password sharing. 

    November 2022: Netflix officially launches its ad-supported plan.
    netflix ad plan

    When the ad program launched, the streamer said it was nearly sold out of inventory.

    December 2022: Netflix ended 2022 strong, breaking Q4 targets.
    Jenna Ortega at the premiere of her Netflix original series, Wednesday
    Netflix outpaces its own Q4 targets for subscriber growth

    The end of 2022 represented a bit of a bounce back for Netflix, as the entertainment company outpaced subscriber growth for the quarter by around 3.1 million, adding 7.66 new subscribers despite its own estimates of 4.5 million.

    In total the streaming giant amassed 230.75 million subscribers by the end of 2022.

    Netflix noted that after a decade into making original content, it was "past the most cash-intensive phase of this buildout."

    January 2023: Netflix cofounder Reed Hastings steps down as co-CEO and is replaced by Greg Peters, who was serving as COO.
    Greg Peters, COO of Netflix.
    Greg Peters, COO of Netflix.

    Reed Hastings spent 26 years leading Netflix, ushering it through an IPO and the growth of its streaming options.

    April 2023: Netflix announces its final red envelope DVDs will be shipped out in September 2023.
    Netflix DVD envelopes at a USPS in San Francisco.
    Netflix will stop shipping out physical DVDs on September 29, 2023.

    Netflix announced it would end its DVD-rental services on September 29, 2023. It marked the end of a 25-year chapter for the business, which became known for its red envelopes.

    January 2024: Subscriptions soar amid password crackdown as Netflix pushes into live sports.
    streaming apps on phone

    Netflix began cracking down on password sharing in 2023, a move that – along with offering a cheaper, ad-supported subscription tier – helped it add new subscribers and deliver blowout earnings throughout 2024, quarter after quarter.

    Netflix made a costly push into live sports content with a $5 billion deal for a weekly WWE show in the US, and to air other one-off pro wrestling events globally. The content will start rolling out in early 2025.

    Netflix's former firm chief Scott Stuber also left the company in January 2024. He was later replaced by Dan Lin, who has reportedly sought to implement a new strategy that shifts away from big-budget action films fronted by marquee stars.

    November 2024: Netflix shares stellar growth stats for ad-supported subscriptions — and pushes further into live sports.
    Netflix on a phone

    In November 2024, Netflix's ad business turned two years old. It announced it had 70 million ad-supported subscribers — up from 40 million the previous May — and said that more than half of new sign-ups were for ad-supported plans in countries where the option is available.

    Netflix made another massive foray into live sports content in November, streaming a highly anticipated boxing match between Jake Paul and Mike Tyson, which drew a record-breaking 65 million concurrent viewers globally though the stream was beset by technical difficulties.

    Netflix also streamed its first-ever NFL game on Christmas Day, following a previously announced pact with the NFL to carry holiday games through 2026. The spectacle featured Beyoncé performing at halftime as the Houston Texans faced off against the Baltimore Ravens.

    January 2025: Netflix raises the price of its standard plan to $17.99 a month.
    The Netflix logo is pictured.
    Netflix announced price raises across its standard, premium, and ad-supported subscription tiers.

    Netflix announced a price hike in mid-January, raising its standard plan to $17.99 a month, up from $15.50. The premium plan with 4K video, which was previously $23 a month, rose to $25.

    The company also lifted its ad-supported tier from $7 to $8 a month.

    Netflix last raised its prices in October 2023. The move was aligned with similar increases at YouTube TV and Disney.

    May 2025: Netflix updates its homepage design for the first time in a decade.
    The Netflix homepage is pictured.

    In an effort to cut down decision fatigue, Netflix refreshed its homepage design for the first time in a decade.

    The new homepage promoted live events, used AI search, and enabled viewers to find what they wanted more quickly, executives said in a blog post and presentation previewing the changes.

    The change also included a vertical video feed with clips of Netflix shows that can be tapped to watch immediately.

    August 2025: "K-Pop Demon Hunters" is a smash success — and gets a theatrical run.
    A K-Pop Demon Hunters event hosted by Netflix.

    Netflix's animated musical "K-Pop Demon Hunters" became its biggest movie ever.

    The Netflix original, produced by Sony Animation, generated 236 million views in just 65 days. Analysts said that the movie provided a path for Netflix to compete with Disney in the family animation market.

    While the streamer has been hesitant about theatrical releases, Netflix put "K-Pop Demon Hunters" in theaters for a sing-along experience.

    October 2025: Netflix makes its official move into video podcasting with a Spotify partnership
    Bill Simmons is pictured.

    For much of 2025, Netflix teased a push into video podcasting. The streamer once courted "Call Her Daddy" host Alex Cooper. Then, it struck a deal.

    Netflix announced a partnership with Spotify in October, which would bring video versions of Spotify-owned The Ringer and Spotify Studios podcasts to the platform. These included "The Bill Simmons Podcast," "The Rewatchables," and "Conspiracy Theories."

    The podcasts will be available on Netflix in early 2026, per the deal, and will be removed from YouTube.

    November 2025: The first Netflix House opens outside of Philadelphia.
    Inside Netflix House outside Philadelphia.
    Fans of "Wednesday" can step inside Nevermore Academy at Netflix House.

    Netflix doesn't have a theme park like Disney, but it does have a permanent installation at the King of Prussia mall.

    The first-ever Netflix House opened in November outside Philadelphia. The location reimagined Netflix hits like "Wednesday" and "One Piece" into hands-on activities.

    More locations are set to open in Texas and Las Vegas.

    December 2025: Netflix agrees to buy Warner Bros. for $72 billion.
    The Netflix and Warner Bros. logos are pictured.

    In a deal widely expected to shake up Hollywood, Netflix agreed to buy the studio and streaming businesses of Warner Bros. Discovery in a $72 billion deal. It is Netflix's biggest acquisition in history.

    In the deal, Netflix is planning to buy HBO Max and the top-performing Warner Bros. studio, but not WBD's TV networks like CNN, TNT, and TBS.

    Netflix competed against Paramount Skydance and Comcast for the acquisition.

    "People across WBD have navigated extraordinary change over the last three years, while building a company with real creative, journalistic, and commercial strength," WBD CEO David Zaslav wrote in a memo to staff about the deal. "That deserves to be acknowledged plainly."

    Read the original article on Business Insider
  • I thought Washington, DC, would be my perfect home, but it wasn’t. I found exactly what I needed in San Diego.

    The writer posing in her new neighborhood, North Park, in San Diego.
    caption

    • I've enjoyed my stints on the East Coast, so I expected to feel right at home in Washington, DC.
    • The culture felt too work-oriented, though, and it was hard to access nature without a car.
    • I moved to San Diego in 2022, and this city has turned out to be the perfect place for my lifestyle.

    After living abroad for a few years in Italy and Nepal, I was excited to move to Washington, DC, for graduate school.

    Although I never dreamed of living in DC specifically, I'd enjoyed attending college on the East Coast, so I expected to love the city.

    I imagined running down the National Mall next to cherry blossom trees, exploring museums, and discussing foreign affairs at cultural events on Embassy Row.

    Unfortunately, the reality of life in DC didn't match what I imagined.

    After three years, I moved to San Diego, a city I'd never pictured myself living in, and was surprised to find that it felt like home.

    Living in Washington, DC, wasn't what I expected

    There were things I loved about Washington, DC — the historic brownstones, cobblestone street-filled neighborhoods, and gorgeous views of the Potomac River — but all in all, the city wasn't what I expected.

    As much as I loved exploring local trails, the summer months were hot and humid. I wished I could dip my toes in the ocean to cool down, but the Atlantic Ocean beaches were all hours away. The humidity triggered my allergies, too.

    Often, when I went to happy hours and met new people, I felt like work was the most common topic of conversation, which I didn't like. I missed the relaxed energy and casual happy-hour conversations that I'd experienced living abroad.

    Still, I tried to make the city my home, exploring new neighborhoods, restaurants, and music venues. As a graduate student, though, I had a limited budget for new experiences, and I just wasn't clicking with DC.

    Finally, for the sake of my happiness, I left the city in 2020.

    After living in a few other cities, I moved to San Diego and fell in love with it

    The writer posing after a hike near Mission Trails.
    I immediately fell in love with the accessible nature in San Diego.

    After Washington, DC, I lived in multiple cities searching for my dream home, but none were the perfect fit.

    Eventually, I moved to San Diego to see if it could be right for me. I'd previously visited the city several times during my stint in Long Beach, California — its beaches and relaxed vibe kept drawing me in.

    After renting in a few different San Diego neighborhoods, I finally settled on North Park, which seemed to have the perfect mix of city life and access to nature.

    With a population of around 1.3 million (compared to DC's 700,000), San Diego feels like a true metropolis — but one with a relaxed, casual vibe.

    The best part of living here is the sheer amount of things to do and see, from beaches to concerts to comedy performances. I can walk to dozens of breweries, restaurants, and coffee shops. When I search for new hiking spots, dozens of nearby options pop up.

    Thanks to my city's idyllic weather, which lingers around the 70s Fahrenheit year-round, I'm active all the time. Just a short drive away, I can snorkel with leopard sharks at La Jolla Cove, hike at Mission Trails Regional Park, or take long runs at Lake Miramar.

    I love looking up at the palm trees while I swim backstroke at one of the city's many outdoor public pools, and running past the museums in Balboa Park as the sun sets.

    I enjoy San Diego's relaxed culture, too. I don't feel pressured to dress up for happy hours, and conversations with colleagues meander from work to hobbies to camping to weekend trips.

    On work days, I often take breaks to spend time outside.

    After 4 years in San Diego, I'm so happy I moved here

    The writer posing near a beach in San Diego.
    caption

    Four years later, I'm still in North Park and haven't looked back.

    This is the longest I've lived anywhere since graduating from college, and I'm so happy I moved here.

    Though I enjoy returning to DC to visit graduate school friends and explore museums, I can't imagine ever living there again.

    San Diego still surprises me. Even now, I discover restaurants and music venues in neighborhoods where I didn't expect to find anything new.

    I don't believe in the idea of a forever home, but San Diego is perfect for my lifestyle right now.

    Read the original article on Business Insider