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charset=utf-8 Mime-Version: 1.0 <= head>
=E2=80=A6the Prime button could hel= p it spread its tentacles (Shopify is shaking)
 
=
<= table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=3D"presentation= " width=3D"100%">

Prime from = all? (Dan Kitwood/Getty Images)

 
<= td style=3D"vertical-align:top;padding:0;">
Last Week=E2=80=99s Marke= t Moves
=
 
Dow Jo= nes
34,303 (+2.00%)		S&P 500
3,999 (+2.67%)		Nasdaq
11,079 (+4.83)		Bitcoin$19,814 (+15.71%)
Dow Jones
34,303 (+2.00%)		S&P 500
3,999 (+2.67%)
Nasdaq11,079 (+4.83)Bitcoin
$19,814 (+15.71%)
<= table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=3D"presentation= " width=3D"100%">

Hey Snackers,

Bec= ause our backs aren=E2=80=99t messed up enough from hunching over computers= , Apple<= /strong> is reportedly working= on adding touch screens to Macs. Steve Jobs once called the idea =E2=80=9C= ergonomically terrible.=E2=80=9D

Stocks surged and the techy Nasdaq h= ad its best week since November. Investors were heartened by news that infl= ation cooled for the sixth straight month in December, with prices notching= their largest month-over-month decrease since April 2020.

P.= S. We=E2=80=99re hiring. Snacks is hungry for writing talent. If t= ransforming business news into a digestible daily read is your thing, we wa= nt you on our team. Apply= here.

Btw... Do you want= to start getting Snacks daily? Or prefer to unsubscribe? Manage your subsc= ription preferences here.

<= /table>
<= /table>
Pay
<= /table>

Amazon=E2=80=99s =E2=80=9CBuy with Prime=E2= =80=9D button on non-Amazon sites could be an actual game changer

=

The dreaded checkout page=E2=80=A6 = Say you find a new online shop for neon sneakers. You might abandon the coo= l kicks in your cart if you=E2=80=99re too lazy to fill in your credit-card= info (or if you don=E2=80=99t trust the retailer with delivery). Enter Amazon: it=E2=80=99ll widely roll out its =E2=80=9CBuy with Prime=E2=80=9D feature to = third-party merchants this month.

  • Merchants that don=E2=80=99= t sell on Amazon (think: your fave swimsuit site) can leverage the ecomm gi= ant=E2=80=99s payment, fulfillment, and delivery services.
  • Less #friction: Amazon said BWP inc= reased shopper conversion rate by an average of 25%, meaning fewer people a= bandoned their carts when buying with Prime was an option.
  • Prime members get the benefits of A= mazon=E2=80=99s speedy payment and free next-day delivery on non-A= mazon sites. FYI: Last year, Prime went up from $119 to $139/year.
  • Amazon gets more $$ (it cha= rges merchants to use BWP). It said payment processing, fulfillment, and st= orage fees can vary by inventory.

No longer in its prim= e=E2=80=A6 The new revenue from Buy with Prime is a welcome additi= on as Amazon deals with slowing sales growth in its core retail and cloud b= usinesses. The pandemic boom has died down, and it recently made its larges= t round of layoffs. The company=E2=80=99s also faced growing regulatory bac= klash over how it uses customer data to compete with third-party sellers (t= hink: making a cheaper Amazon Basics version of a popular product). Psst: A= mazon will still collect data from those who use Buy with Prime.

<= /td>

This could be Amazon=E2=80=99s octopus moment=E2=80=A6 BWP could make Amazon even more ubiquitous than it already is, allowin= g it to widely spread its retail tentacles beyond its platform. It=E2=80=99= s also a major threat to ecomm payment titans like Shopify and= PayPal<= /a>. Shopify has reportedly told merch= ants that are trying to install the BWP button that it violates its terms o= f service. Amazon has the household edge: a recent survey found= it to be the most trusted retailer in America.

<= /tr>
<= div style=3D"font-family: 'Capsule Sans Text', Arial; font-weight: 700; let= ter-spacing: 0.03em; text-transform: uppercase; color: #000000; padding: 6p= x 19px; border-radius: 30px; border: 0; background-color:rgb(195, 245, 60);= display: inline-block;">Events
<= /td>
<= /table>
=
<= div style=3D"font-family:'Nib Pro', Arial;font-size:24px;font-weight:600;li= ne-height:32px;text-align:left;color:#000000;">

Coming up this week

Like a coming-of-age flick... <= strong>Netflix is going through changes. Last year, the streamer lost 1.2M subscribe= rs over two quarters and saw its stock drop by half. Now it=E2=80=99s tryin= g to drum up fresh revenue and subs with its cheaper ad-supported = tier, which launched in November. Investors hope a turnaround is coming: th= e stock is up ~90% over the past six months as Netflix bolsters its ad biz = and cracks down on password mooching. Efforts might be paying off: analysts= expect the streamer to announce strong subscriber growth when it reports o= n Thursday.

Aisle all-stars=E2=80=A6 The company beh= ind household staples like Tide, Charmin, Crest, and Head & Shoulders s= hampoo was in the money last year, with price hikes helping Procter & Gam= ble beat sales and profit expectations. But now higher transpo= rtation and materials costs may be taking their toll on P&G's botto= m line. What's more, execs expect lofty costs will continue into this y= ear. The Ohio-based company is expected to reveal declines in sales and pro= fits this week.

 
<= div style=3D"font-family: 'Capsule Sans Text', Arial; font-weight: 700; let= ter-spacing: 0.03em; text-transform: uppercase; color: #000000; padding: 6p= x 19px; border-radius: 30px; border: 0; background-color:rgb(195, 245, 60);= display: inline-block;">Zoom Out
<= /table>
=
<= div style=3D"font-family:'Nib Pro', Arial;font-size:24px;font-weight:600;li= ne-height:32px;text-align:left;color:#000000;">

Stories we=E2=80=99re wat= ching

Non-compete clauses=E2=80=A6<= /strong> could become non-existent. The Federal Trade Commission proposed a= rule that would end legal agreements that keep workers from switching to r= ival companies after leaving their jobs. From C-suite execs to security gua= rds, nearly 30M US workers are under non-compete agreements, and breaches c= an lead to pricey fines and lawsuits. Meanwhile, workers who do comply can = miss out on higher pay and better working conditions. A ban could boost US = wages by nearly $300B/year and help close the racial and gender pay gaps.

Adding insult to injury=E2=80=A6 there=E2=80=99s more= trouble for crypto lenders. Last week the SEC charg= ed Gemini and Genesis with selling un= registered securities through their lending program. The crypto cos had off= ered returns (aka yield) as high as 8% via Gemini Earn =E2=80=94 then it we= nt south. Before it went bankrupt, BlockFi paid $100M afte= r the SEC said its interest-bearing accounts were unregistered securities. = Going forward, crypto lenders may be forced to register their products as s= ecurities or face the costly consequences.

<= div style=3D"font-family: 'Capsule Sans Text', Arial; font-weight: 700; let= ter-spacing: 0.03em; text-transform: uppercase; color: #000000; padding: 6p= x 19px; border-radius: 30px; border: 0; background-color:rgb(195, 245, 60);= display: inline-block;">ICYMI
= <= /table>

Last week's highlights<= /p>

  • GPT: Microsoft=E2=80= =99s reportedly in talks to invest $10B into OpenAI, the company behind viral genAI tools like ChatGPT and DALL-E. It co= uld incorporate the AI tech into its search engine, Bing, or its Office sof= tware.

  • Aug= ment: Apple could (finally) launch its mixed-= reality headset this year, which would position it against rivals like Meta=E2=80=99s Quest VR. But the reality of success for pricey face gadgets looks = iffy.

  • CEO: As the US=E2=80=99s fastest-growing group of entrepreneurs, Black women a= re increasingly leaving corporate roles to launch their own companies =E2= =80=94 but funding challenges are hampering growth.

=
What else we're Snackin'
  • Bots: Ch= atbots got a GPT boost with a website called Character.AI = offering up convos in the style of celebs like Elon Musk and dead authors. = But its creators say the AI avatars can get things very wrong.
  • TikJob: TikTok is beco= ming a recruiting tool for companies trying to lure Gen Z candidates. Influ= encers (and social media in general) are playing a growing role in hiring e= fforts.
  • SBF=E2=80=99d: Before F= TX imploded, Sam Bankman-Fried invested $1B in a bitcoin miner in = Kazakhstan. Now it=E2=80=99s one of the largest assets in FTX's bankrup= tcy. Meanwhile, BTC-mining-biz valuations have tanked.
=
=
Want your Snacks daily?
=
= The Daily Newsletter
Get fresh take= s on financial news every week day. Try a sample:

=F0=9F=92=B5 The funding gap =E2=80=A2 Jan 13, 20= 23
=F0=9F=8F=B0 Disney perks up =E2=80=A2 Jan 12, 2023
=F0=9F=A4=96 Microsoft GPT? =E2=80=A2 Jan 11, 2023

Subscribe to the Daily
<= /table>
Snack Fact Of t= he Day
Martin Luther K= ing is the only American, other than George Washington, with a national hol= iday observed in his honor

<= /table>
This Week
  • Monday: US markets closed for MLK Day
  • Tuesday: Earnings expected from United Airlines, Goldman Sachs, Silvergate Capital, = Citizens Bank, and Morgan Stanley
    • Wednesday: Earnings expect= ed from Charles Schwab, Prologis, and JB Hunt
  • Thursd= ay: Jobless claims. Earnings expected from Netflix and Procter & Gamble
  • Friday: Earnings expected from Ericsson, Ally Financial, and State Street<= /li>

Authors of this Snacks own bitcoin and shares: of Apple, Amazon= , Microsoft, and Shopify

ID: 2680611

=
Robinhood Snacks newsletters= reflect the opinions of only the authors who are associated persons of Rob= inhood Financial LLC (Member SIPC) and do not reflect the views of Robinhood Markets, Inc. = or any of its subsidiaries or affiliates. They are for informational purpos= es only, and are not a recommendation of an investment strategy or to buy o= r sell any security, digital asset (cryptocurrency, etc) in any account. Th= ey are also not research reports and are not intended to serve as the basis= for any investment decision. Any third-party information provided therein = does not reflect the views of Robinhood Markets, Inc., Robinhood Financial = LLC, or any of their subsidiaries or affiliates. All investments involve ri= sk including the loss of principal and past performance does not guarantee = future results.
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=E2=80=A6the Prime button could hel= p it spread its tentacles (Shopify is shaking)
Disclosures
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Last Week=E2=80=99s Market Moves
 
Dow Jones
34,303 (+2.00%)
S&= P 500
3,999 (+2.67%)		Nasdaq
11,079 (+4.83)		Bitcoin
$19,814 (+15.71%)
S&P 500
3,999 (+2.67%)
Nasdaq
11,079 (+4.83)		Bitcoin
= $19,814 (+15.71%)
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Hey Snackers,

Because our backs aren=E2=80= =99t messed up enough from hunching over computers, Apple is reportedly working on adding touch screens= to Macs. Steve Jobs once called the idea =E2=80=9Cergonomically terrible.= =E2=80=9D

Stocks surged and the techy Nasdaq had its best week since = November. Investors were heartened by news that inflation cooled for the si= xth straight month in December, with prices notching their largest month-ov= er-month decrease since April 2020.

P.S. We=E2=80=99re hiring= . Snacks is hungry for writing talent. If transforming business ne= ws into a digestible daily read is your thing, we want you on our team. Apply here.

=
Btw... Do you want to start gett= ing Snacks daily? Or prefer to unsubscribe? Manage your subscription prefer= ences here.

3D""
Pay
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Amazon=E2=80=99s =E2=80= =9CBuy with Prime=E2=80=9D button on non-Amazon sites could be an actual ga= me changer

The dreaded checkout pag= e=E2=80=A6 Say you find a new online shop for neon sneakers. You m= ight abandon the cool kicks in your cart if you=E2=80=99re too lazy to fill= in your credit-card info (or if you don=E2=80=99t trust the retailer with = delivery). Enter Amazon: it=E2=80=99ll widely roll out its =E2=80=9CBuy with Prime=E2=80=9D feat= ure to third-party merchants this month.

  • Merchants that don= =E2=80=99t sell on Amazon (think: your fave swimsuit site) can leverage the= ecomm giant=E2=80=99s payment, fulfillment, and delivery services.
    • Less #friction: Amazon sai= d BWP increased shopper conversion rate by an average of 25%, meaning fewer= people abandoned their carts when buying with Prime was an option.Prime members get the bene= fits of Amazon=E2=80=99s speedy payment and free next-day delivery on n= on-Amazon sites. FYI: Last year, Prime went up from $119 to $139/year.=
  • Amazon gets more $= $ (it charges merchants to use BWP). It said payment processing, fulfillmen= t, and storage fees can vary by inventory.

No longer in= its prime=E2=80=A6 The new revenue from Buy with Prime is a welco= me addition as Amazon deals with slowing sales growth in its core retail an= d cloud businesses. The pandemic boom has died down, and it recently made i= ts largest round of layoffs. The company=E2=80=99s also faced growing regul= atory backlash over how it uses customer data to compete with third-party s= ellers (think: making a cheaper Amazon Basics version of a popular product)= . Psst: Amazon will still collect data from those who use Buy with Prime.

<= td style=3D"font-weight: 700; width: 100%; padding: 0; height: 17px; line-h= eight: 0; padding-top: 1px;">THE TAKEAWAY

This could be Amazon=E2=80=99s octopus moment= =E2=80=A6 BWP could make Amazon even more ubiquitous than it alrea= dy is, allowing it to widely spread its retail tentacles beyond its platfor= m. It=E2=80=99s also a major threat to ecomm payment titans like Shopify an= d P= ayPal. Shopify has reportedly told merchants that ar= e trying to install the BWP button that it violates its terms of service. A= mazon has the household edge: a recent survey found it= to be the most trusted retailer in America.

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<= div style=3D"font-family: 'Capsule Sans Text', Arial; font-weight: 700; let= ter-spacing: 0.03em; text-transform: uppercase; color: #000000; padding: 6p= x 19px; border-radius: 30px; border: 0; background-color:rgb(195, 245, 60);= display: inline-block;">Events
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Coming up this week

Like a coming-of-age flick... <= strong>Netflix= is going through changes. Last year, the streamer lost 1.2M subscribers ov= er two quarters and saw its stock drop by half. Now it=E2=80=99s trying to = drum up fresh revenue and subs with its cheaper ad-supported tier, wh= ich launched in November. Investors hope a turnaround is coming: the stock = is up ~90% over the past six months as Netflix bolsters its ad biz and crac= ks down on password mooching. Efforts might be paying off: analysts expect = the streamer to announce strong subscriber growth when it reports on Thursd= ay.

Aisle all-stars=E2=80=A6 The company behind hous= ehold staples like Tide, Charmin, Crest, and Head & Shoulders shampoo w= as in the money last year, with price hikes helping Procter & Gamble beat sal= es and profit expectations. But now higher transportation and materials cos= ts may be taking their toll on P&G's bottom line. What's more, = execs expect lofty costs will continue into this year. The Ohio-based compa= ny is expected to reveal declines in sales and profits this week.

=

<= div style=3D"font-family: 'Capsule Sans Text', Arial; font-weight: 700; let= ter-spacing: 0.03em; text-transform: uppercase; color: #000000; padding: 6p= x 19px; border-radius: 30px; border: 0; background-color:rgb(195, 245, 60);= display: inline-block;">Zoom Out
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Stories we=E2=80=99re wat= ching

Non-compete clauses=E2=80=A6<= /strong> could become non-existent. The Federal Trade Commission proposed a= rule that would end legal agreements that keep workers from switching to r= ival companies after leaving their jobs. From C-suite execs to security gua= rds, nearly 30M US workers are under non-compete agreements, and breaches c= an lead to pricey fines and lawsuits. Meanwhile, workers who do comply can = miss out on higher pay and better working conditions. A ban could boost US = wages by nearly $300B/year and help close the racial and gender pay gaps.

Adding insult to injury=E2=80=A6 there=E2=80=99s more= trouble for crypto lenders. Last week the SEC charged Gemi= ni and Genesis with selling unregistered securiti= es through their lending program. The crypto cos had offered returns (aka y= ield) as high as 8% via Gemini Earn =E2=80=94 then it went south. Before it= went bankrupt, BlockFi paid $100M after the SEC said its = interest-bearing accounts were unregistered securities. Going forward, cryp= to lenders may be forced to register their products as securities or face t= he costly consequences.

<= div style=3D"font-family: 'Capsule Sans Text', Arial; font-weight: 700; let= ter-spacing: 0.03em; text-transform: uppercase; color: #000000; padding: 6p= x 19px; border-radius: 30px; border: 0; background-color:rgb(195, 245, 60);= display: inline-block;">ICYMI
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Last week's highlights<= /p>

What else we're Snackin'
  • Bots: Chatbots got a GPT boost with a website called Character.AI offering up convos in the style of celebs like Elon Musk and dead au= thors. But its creators say the AI avatars can get things very wrong.
    • <= li style=3D"margin-bottom: 12px;">TikJob: = TikTok is becoming a recruiting tool for companies trying to lure Gen Z can= didates. Influencers (and social media in general) are playing a growing ro= le in hiring efforts.
  • SBF=E2=80=99d: Before FTX imploded, Sam Bankman-Fried invested $1B in a bitcoin miner = in Kazakhstan. Now it=E2=80=99s one of the largest assets in FTX's bank= ruptcy. Meanwhile, BTC-mining-biz valuations have tanked.
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=F0=9F=92=B5 The funding gap =E2=80=A2 Jan 13, 2023
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=F0= =9F=A4=96 Microsoft GPT? =E2=80=A2= Jan 11, 2023

Subscribe to the Daily
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Snack Fact Of the Day
Martin Luther King is the only American, other than George W= ashington, with a national holiday observed in his honor
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This Week
  • Monday: US markets closed for MLK Day
  • Tuesday: Earnings expected from United Airlines, Goldman Sachs, Silvergate Capital, = Citizens Bank, and Morgan Stanley
    • Wednesday: Earnings expect= ed from Charles Schwab, Prologis, and JB Hunt
  • Thursd= ay: Jobless claims. Earnings expected from Netflix and Procter & Gamble
  • Friday: Earnings expected from Ericsson, Ally Financial, and State Street<= /li>

Authors of this Snacks own bitcoin and shares: of Apple, Amazon= , Microsoft, and Shopify

ID: 2680611

=
Robinhood Snacks newslett= ers reflect the opinions of only the authors who are associated persons of = Robinhood Financial LLC (Member SIPC) and do not reflect the views of Robinhood Markets, Inc. or any= of its subsidiaries or affiliates. They are for informational purposes onl= y, and are not a recommendation of an investment strategy or to buy or sell= any security, digital asset (cryptocurrency, etc) in any account. They are= also not research reports and are not intended to serve as the basis for a= ny investment decision. Any third-party information provided therein does n= ot reflect the views of Robinhood Markets, Inc., Robinhood Financial LLC, o= r any of their subsidiaries or affiliates. All investments involve risk inc= luding the loss of principal and past performance does not guarantee future= results.
here
=
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