Big Take: Even Retailers Hate Those Locked Shelves
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CBS News
29 minutes ago
- CBS News
New affordable housing opens in Aurora as city pushes to help those who work in the city be able to live there
Aurora wants to keep people who work in Aurora in the city. But according to the city's most recent housing strategy report, you need to make more than $50,000 per year to afford the average rent in the city. The city says that's $10,000 more than the median renter's income. That's why city officials love a new affordable housing complex that opened Thursday. "I love it. It's really nice living here," said new resident Alfredo Salazar. He and his husband are newlyweds, and while they enjoyed all their wedding gifts, the apartment they got to move into right before their wedding was maybe the most exciting thing they got. "It was a gift for us. Thanksgiving Day to move in," said Salazar. Their home is in the brand-new Sapling Grove apartment complex at 10151 E. Jewell Ave, the city's newest affordable housing community. Mayor Mike Coffman says building affordable housing for people like Salazar is a top priority for the city. "What we want, in the city of Aurora, is that the people that work here can afford to live here," Coffman said. "So this- 81 units, in Sapling Grove, brings us a step forward." Six municipalities, including Aurora, recently sued Gov. Jared Polis, claiming that a recently signed executive order unconstitutionally takes away those cities' local authority over land use and zoning. Coffman says this completed project shows that Aurora doesn't need state oversight. "This project went forward without any mandates coming down from the state," Coffman said. "And we've committed to building our inventory of affordable housing 15% year over year, in the city with incentive from the state to do so." But political infighting doesn't concern most people looking for affordable housing, like Salazar and his husband, who hope that everyone can have a place of their own like they do. "This is our place. We decorated it," Salazar said. "Every single detail that you can see on this apartment- it's been done by the two of us with a lot of love."
Fox News
30 minutes ago
- Fox News
Amazon's AI wants to own online shopping data
Amazon already dominates online shopping, but now it's setting its sights even higher. With a new artificial intelligence-powered project called Starfish, the company aims to become the world's most complete and trusted source of product information. The goal? Make every listing on Amazon accurate, detailed and easy to understand, whether the product is sold by Amazon or a third-party seller. If the project works as planned, it could save sellers hours of work and help shoppers find what they need faster. Sign up for my FREE CyberGuy ReportGet my best tech tips, urgent security alerts and exclusive deals delivered straight to your inbox. Plus, you'll get instant access to my Ultimate Scam Survival Guide — free when you join my Starfish is a multi-year initiative built around generative AI. According to an internal Amazon document obtained by Business Insider, the system gathers product data from across the web, including external websites and images. It then uses large language models (LLMs) to create "complete, correct and consistent" product listings. This isn't a small update. Amazon expects Starfish to boost sales by $7.5 billion in 2025 alone by improving conversion rates and expanding product variety. Starfish builds on earlier AI tools that Amazon began testing in 2023. These tools could: Now, with Starfish, Amazon wants to scale that effort across millions of listings. The AI will also collect data from 200,000 external brand websites by crawling, scraping and mapping their content to Amazon's catalog. It's not yet clear whether Amazon's own web crawler, Amazonbot, is powering Starfish. But the company confirmed to Business Insider that Starfish is already supporting its new "Buy for Me" feature. This feature recommends products from external websites and lets shoppers buy them directly within Amazon's app. Manually creating product listings is slow and often inconsistent. That's a problem when Amazon wants to offer a massive selection with reliable information. If shoppers can't find what they're looking for, or if the listings are vague, they may head elsewhere. Starfish addresses this by automating the tedious parts of listing creation. That helps sellers spend less time writing and more time selling. For Amazon, better listings mean higher conversion rates and happier customers. Plus, this move positions Amazon to compete more directly with Google Shopping, which also aims to be a central hub for product information. Amazon is testing Starfish's effectiveness with A/B comparisons, measuring sales performance of AI-enriched listings versus standard ones. It's also rolling out bulk listing tools and preparing to expand the system globally. This isn't just about improving Amazon's website. It's about changing the way product information is gathered, created and shared at scale. If you're a shopper on Amazon, this could mean faster access to clearer, more accurate product listings, especially for obscure or hard-to-find items. As Amazon's AI fills in missing details and improves titles and descriptions, the results should help you make better decisions with less research. For sellers, this streamlines the work of creating listings. If you've struggled to write compelling descriptions or keep up with Amazon's catalog standards, the Starfish project may do much of the heavy lifting. That could save time, reduce errors and improve sales performance. However, there are some trade-offs. As Amazon scrapes more data from across the web to power its listings, brands and smaller websites may worry about how their product information is being used. And if AI-generated content becomes widespread, quality and trust in listings may vary depending on how well the system works. In short, expect a more automated Amazon shopping experience, with both conveniences and questions about how your data and the broader web are being used to power it. Amazon's Starfish project signals a major shift in how e-commerce works. By combining web scraping, AI models and deep integration into its Marketplace, Amazon hopes to automate one of the most time-consuming parts of online selling. For buyers and sellers, this could mean more convenience and better results. But it also raises important questions about transparency, data ownership and the future role of AI in shaping what we see online. Would you trust AI to tell you everything you need to know before you click "Buy Now"? Let us know by writing us at Sign up for my FREE CyberGuy ReportGet my best tech tips, urgent security alerts and exclusive deals delivered straight to your inbox. Plus, you'll get instant access to my Ultimate Scam Survival Guide — free when you join my Copyright 2025 All rights reserved.
Yahoo
32 minutes ago
- Yahoo
Broadcom's (NASDAQ:AVGO) five-year earnings growth trails the massive shareholder returns
For many, the main point of investing in the stock market is to achieve spectacular returns. While the best companies are hard to find, but they can generate massive returns over long periods. To wit, the Broadcom Inc. (NASDAQ:AVGO) share price has soared 827% over five years. And this is just one example of the epic gains achieved by some long term investors. On top of that, the share price is up 70% in about a quarter. Anyone who held for that rewarding ride would probably be keen to talk about it. Since the stock has added US$42b to its market cap in the past week alone, let's see if underlying performance has been driving long-term returns. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price. Over half a decade, Broadcom managed to grow its earnings per share at 37% a year. This EPS growth is slower than the share price growth of 56% per year, over the same period. This suggests that market participants hold the company in higher regard, these days. That's not necessarily surprising considering the five-year track record of earnings growth. This optimism is visible in its fairly high P/E ratio of 100.65. The graphic below depicts how EPS has changed over time (unveil the exact values by clicking on the image). It's probably worth noting that the CEO is paid less than the median at similar sized companies. But while CEO remuneration is always worth checking, the really important question is whether the company can grow earnings going forward. It might be well worthwhile taking a look at our free report on Broadcom's earnings, revenue and cash flow. What About Dividends? As well as measuring the share price return, investors should also consider the total shareholder return (TSR). Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. We note that for Broadcom the TSR over the last 5 years was 944%, which is better than the share price return mentioned above. The dividends paid by the company have thusly boosted the total shareholder return. A Different Perspective It's nice to see that Broadcom shareholders have received a total shareholder return of 82% over the last year. Of course, that includes the dividend. That gain is better than the annual TSR over five years, which is 60%. Therefore it seems like sentiment around the company has been positive lately. Given the share price momentum remains strong, it might be worth taking a closer look at the stock, lest you miss an opportunity. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. Take risks, for example - Broadcom has 2 warning signs we think you should be aware of. We will like Broadcom better if we see some big insider buys. While we wait, check out this free list of undervalued stocks (mostly small caps) with considerable, recent, insider buying. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
