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Coca Cola's Efforts To Entice Gen Z Fall Flat: Spiced Discontinued After Just 6 Months
Wednesday, September 25, 2024 - 2:31am | 580Coca-Cola Co (NYSE:KO) is pulling its Spiced flavor from shelves just six months after its launch. What Happened: The company announced that it is “always looking at what our customers like and adjusting” its flavors. A spokesperson mentioned that Coca-Cola plans to phase out Spiced to...
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Survey: Politics Could Lead Many Younger Workers To Quit Jobs
Saturday, August 17, 2024 - 3:40pm | 457A recent poll conducted by job board Indeed.com found that political differences could lead nearly 40% of Gen Z and Millennial workers to quit their jobs. This trend is particularly noticeable in the current climate of the U.S. presidential elections. What Happened: The poll involved over 1,...
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Gen Z Will Have To Wait As Gen X Set To Inherit Trillions From Silent Generation
Sunday, July 7, 2024 - 10:11am | 433A new report from consumer research firm Hearts & Wallets reveals that Generation X stands to inherit trillions of dollars from the Silent Generation over the next 10 years, presenting significant opportunities and challenges for financial advisors. Currently, the 65-74 age group holds the...
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TikTok And Social Media Influencers Drive Gen Z's Shopping Habits In Asia-Pacific: Report
Monday, July 1, 2024 - 6:51am | 511The shopping habits of Generation Z in the Asia-Pacific region are being significantly influenced by TikTok and social media influencers, a KPMG report has revealed. What Happened: The study, which surveyed 7,000 consumers across 14 markets, including China, Singapore, Indonesia, Vietnam, and the...
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Move Over Stocks: Wealthy Americans Are Turning To Real Estate, Crypto And Watches For Investments
Thursday, June 20, 2024 - 3:31pm | 739When it comes to making above-average returns, young wealthy Americans are moving past U.S. stocks. What Happened: A total of $84 trillion could transition from seniors and Baby Boomers to the younger generations through 2045, according to The Bank of America Study of Wealthy Americans. The younger...
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Gen Z Takes The Lead: Early Investing Trends Soar In 2024
Wednesday, June 12, 2024 - 12:30pm | 505A new survey has shed light on a rising trend of financial confidence among Americans. The results particularly highlight the younger generations’ inclination towards starting their investments at an earlier age. What Happened: Over 60% of Americans feel they are in a better position to...
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Sony Executive: AI Enhances Personal Connections In Video Games For Gen Z, Gen Alpha
Friday, May 24, 2024 - 3:06pm | 303Artificial intelligence (AI) in video games is crucial for Gen Z and Gen Alpha, who seek “personalization across everything,” says PlayStation executive Asad Qizilbash. In an interview with Sony Group Corp. (NYSE:SONY), Qizilbash stated: “Advancements in AI will create more...
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Robinhood CEO Vlad Tenev Dishes On Hot Retirement Offerings: 'Economics Of The Offer Are Irresistible To Pass Up'
Saturday, May 11, 2024 - 12:23pm | 603In an interview with Yahoo Finance on Friday, Robinhood Markets, Inc.’s (NASDAQ:HOOD) CEO Vlad Tenev spilled the beans on its retirement offerings, which target users of every age, including the ever-elusive Gen Z. The CEO underscored how Robinhood’s offerings are a magnet for novice...
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Gen Z 'Really Loves Chatting Versus Calling', Says Affirm's CEO, Highlights Potential Cost-Saving Benefits Of AI
Thursday, May 9, 2024 - 7:32am | 622Max Levchin, the CEO of Affirm Holdings Inc (NASDAQ:AFRM), a major player in the buy-now, pay-later industry, has revealed that the younger generation, particularly Gen Z, is showing a strong preference for AI-powered chatbots over traditional phone calls. What Happened: Levchin made this...
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Gen Z Misusing AI For Job Applications As Employers Receive Hundreds Of 'Exact Same Cover Letters Word For Word'
Monday, May 6, 2024 - 5:15am | 602The misuse of AI tools like ChatGPT by Gen Z individuals for generating cover letters and job application responses has raised concerns among employers. What Happened: Shoshana Davis, founder of career consultancy Fairy Job Mother, has observed a surge in identical cover letters and job application...
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Move Over Pumpkin Spice, Lavender Is The New Queen Bee — Starbucks CEO Finds A Silver Lining In Disappointing Q2 Results, Drops Hints Of Future 'Texture-Based Innovations'
Wednesday, May 1, 2024 - 1:41am | 520The CEO of Starbucks Corporation (NASDAQ:SBUX), Laxman Narasimhan, recently unveiled a surprising success story amid the company’s lackluster second-quarter performance. What Happened: Despite a quarter marked by economic challenges, Starbucks found a bright spot in the unexpected popularity...
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Millennials, Gen Z As Likely To Invest In Cryptocurrency As Real Estate: Survey
Wednesday, April 10, 2024 - 9:07am | 479Millennials and Gen Z are as likely to invest in cryptocurrency as they are in real estate, indicating a significant shift in wealth storage among these younger generations. What Happened: A survey conducted by Policygenius found those two generations to be almost as likely to own cryptocurrency (...
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EXCLUSIVE: Motif Labs Targets Gen Z With New Cannabis Line
Wednesday, April 3, 2024 - 5:53pm | 734Motif Labs, a company initially rooted in process engineering, has taken a significant step towards engaging the younger cannabis market by introducing Rizzlers, a brand tailored explicitly for Gen Z consumers. Founder, CEO and upcoming speaker at the Benzinga Cannabis Capital Conference, Mario...
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More Than A Third Of Gen Z, Millennials Lean On Family Support For Home Purchases: 'Many Get Help From Mom And Dad,' Reveals Redfin
Wednesday, March 27, 2024 - 6:55pm | 550The number of young homebuyers leaning on family financial support for down payments has sharply risen, doubling in the past five years, according to a recent report by Redfin. The survey, conducted by Qualtrics on behalf of Redfin, which included around 3,000 U.S. homeowners and renters, revealed...
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Gen Z Plans On Retiring Early, There Might Be A Key Reason Why
Thursday, February 22, 2024 - 10:06am | 432A new study shows that Gen Z workers are ready to exit the workforce before the age of 65, but that goal might come with an added cost. What Happened: Most of Gen Z — defined as people born between the years of 1997 and 2012 — want to retire earlier than other U.S. adults, a new Morning Consult...