Brian Sozzi

While Nike’s stock sinks amid several quarters of disappointment, Reebok appears to be undergoing a revival of sorts. “We do a wonderful job of content. We’re very careful of the players we select. One of our first selections was [WNBA star] @Reese10Angel … Her shoe has just been sold out,” NBA legend @SHAQ told me at the Milken Institute conference this week. The former Laker is now Reebok’s president of basketball and the second-largest individual shareholder in its parent company, Authentic Brands Group. “We just do things that are very, very strategic,” he added. “You know, for me it’s trying to reintroduce Reebok to the kids … We’ve doubled in business [just like Authentic Brands Group CEO Jamie Salter has said] and we plan on continuing to grow.”

Vanguard CEO on prediction markets like Kalshi and Polymarket: "The good news is, for a 25-year-old investor today, one out of three of them have an investment account. That's six times more than was the case 10 years ago. And that's a really good thing. The challenge, to my mind, is that there's another one-third of 25-year-olds who are outside of the traditional investments system. They're looking at online betting platforms. They're looking at things like prediction markets or crypto or sports betting. And if someone's just doing that, you know, for their fun money on the side, fine. The really disturbing thing is that when we survey those clients, 80% of them are doing those activities because they think it's a fast track to financial success. And the biggest problem I see in the investment landscape today is that people are blurring the lines between investing and gambling." (V/@YahooFinance)

Nvidia isn't the only tech valuation collapse...

It's the battle of Wi-Fi in what are now the not-so-friendly skies. And United Airlines CEO Scott Kirby is already at a high-altitude leadership position with the deployment of @elonmusk's Starlink from @SpaceX. "[Wi-Fi is] the No. 1 reason that people pick an airline flight. I think it's the biggest near-term competitive advantage that we've ever had in United's 100-year history. Eventually everyone's going to have a competitive product, but we have a huge lead," Kirby told me at @YahooFinance Invest. "And it really is something that's causing customers to try United because they want Starlink. By the way, all the JFK flights 100% are going to be on Starlink when we start JFK [soon]." United has equipped nearly 600 of its aircraft with Starlink, Jefferies analyst Sheila Kahyaoglu said in a recent note. That breaks down into 300 regional jets and 300 mainline aircraft. 📺Full Watch: youtube.com/watch?v=rAYVxDJY… 🚀Starlink deets: finance.yahoo.com/markets/ar…

Pershing Square Capital CEO Bill Ackman thinks Anthropic is a great story with a business that has real potential. Just don't expect him to be a buyer early on when Anthropic becomes publicly traded. "We think of ourselves as very low-risk investors. We want to invest in businesses that we can predict with a very high degree of confidence," Ackman told me at @YahooFinance Invest. "I think Anthropic is perhaps the most amazing business story of this century in terms of from zero to where it is today — it's an absolutely remarkable story. An incredibly impressive story. I think it's just a much more complicated question as to what that business is worth. It's very hard to nail that with any degree of precision. It could be worth a lot more, a lot less, depending upon a few variables that are difficult to predict. And that's why it doesn't fit into our portfolio." 📺Full Watch: youtube.com/watch?v=rAYVxDJY… 📈More: finance.yahoo.com/markets/ar…

Starbucks CEO Brian Niccol isn't ruling out someday making an offer for his former employer, Chipotle, as the market rumor mill ginned up in early October. "Starbucks' business is a business that's got tremendous scale, tremendous capabilities, and right now we're focused on being Starbucks. Down the road, could there be opportunities to be a multibrand company leveraging the scale and capabilities that Starbucks has? You know, possibly. But for now, what I want to make sure is we execute the Starbucks growth plan," Niccol told me at @YahooFinance Invest when asked if he entertained a purchase of Chipotle. We also talked collagen drinks:

If cost-cutting media outfits want to hitch their ride to prolific hit-making "Yellowstone" creator Taylor Sheridan, they need to understand one thing right out of the gate: He only lives in the world of top-shelf show-making. "I mean, they cost what they cost. And it's a constant battle, right," Sheridan told me at @YahooFinance Invest. "And they could argue — I'm sure that they would — that if we could have made 'Landman' for $50 million less, they could have made $50 million more. But I disagree because now the product isn't as valuable. And so you have less viewers. So it costs less, but you made less." Sheridan added, "I'm a premium product maker. I only know how to do it one way. I learned how to direct and produce making movies. So I only know how to do that. I don't know how to make a TV show, and I'm not trying to learn. I want 'em to look like movies." 🚀Full watch: youtube.com/watch?v=rAYVxDJY… 🔥Hot takes: finance.yahoo.com/markets/ar…