Used Rolexes, Pateks Are Bright Spot in Struggling Watch World
The Bloomberg Subdial Watch Index, which tracks the 50 most-traded timepieces by transaction value, gained 5.3% in the first half of 2025 — and extended that recovery in the third quarter. Rolex's gold Daytona 116508 and Patek Philippe's Aquanaut 5167A were among the top performers.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
8 minutes ago
- Yahoo
Thoma Bravo nearing deal to acquire software firm Dayforce, source says
(Reuters) -Private equity firm Thoma Bravo is nearing a deal to acquire HR software company Dayforce, a source familiar with the matter told Reuters on Monday. Shares of Dayforce, which has seen its stock lose more than 27% of its value so far this year, were up about 29% in late-afternoon trading. Dayforce had a market value of $8.44 billion as of Friday's closing price. Dayforce offers a cloud-based human capital management platform that includes payroll, workforce management, benefits, talent management, compliance and analytics. Thoma Bravo has been actively pursuing software acquisitions this year, betting on the build-out of artificial intelligence and the resilience of recurring revenue in a volatile economy. A deal could be announced as early as this week or possibly next week, the source said. Thoma Bravo and Dayforce did not immediately respond to requests for comment. Bloomberg News, which first reported the potential deal on Sunday, said that while the talks were advanced, they could still be delayed or falter. Dayforce beat Wall Street expectations for second-quarter revenue and raised its annual revenue forecast last week, as more enterprises increase use of AI and cloud-based platforms to run day-to-day operations. Sign in to access your portfolio
Entrepreneur
9 minutes ago
- Entrepreneur
Take These 5 Steps to Future-Proof Your Business
This guide helps entrepreneurs future-proof their operations so the business keeps growing, no matter what comes next. Opinions expressed by Entrepreneur contributors are their own. Small businesses are facing strong headwinds in today's dynamic business environment. Technology is evolving faster than entrepreneurs can keep up with, market and consumer demands are constantly changing, and there seems to be a new economic or geopolitical disruption every week. Surviving in this landscape requires businesses to have robust strategies and systems in place while simultaneously remaining nimble. This pressure is exceedingly difficult to tackle as the business grows. To thrive in this volatile business landscape, a comprehensive and resilient strategy is absolutely essential. This involves establishing robust frameworks that allow your business to absorb shocks and swiftly recover from constant change. With technological advancements, particularly AI, businesses must proactively adapt their operations and integrate new tools to avoid being outpaced by agile competitors. Developing a strategy that ensures core functions remain stable under pressure while aligning with your personal and professional vision is paramount for long-term success. Related: Follow These 7 Business Strategies to Future-Proof Your Business 1. Audit and streamline operational processes The foundational step to future-proofing your business is to have a deep understanding of your business's operational processes. The good news here is that for startup entrepreneurs, you were likely involved in their creation. The bad news is that it can be difficult to spot inefficiencies because of internal biases, which is why it's important to engage other members of your team to participate in the process. Start by mapping out all of your critical business processes. Having clearly documented processes allows your business to function like a well-oiled machine. It ensures that everyone is on the same page and working together. As you go through this exercise, look for opportunities to improve tasks that are repetitive, time-consuming and prone to human error. By formalizing your processes, you are future-proofing from the standpoint of reducing dependency on the founder and ensuring critical operations aren't reliant on a single person. 2. Leverage technology for automation Once you have clearly documented processes, you can strategically leverage technology, including AI, to automate repetitive tasks and drive efficiency. This entails developing a technology roadmap to identify gaps, research emerging solutions and plan seamless integration. It's important to prioritize solutions that solve specific problems and integrate smoothly, such as AI-powered chatbots for customer interactions, predictive analytics for inventory and automation for administrative tasks. Thoughtful implementation can boost efficiency, minimize errors and free your team for strategic work. In addition, automation should generate actionable data, allowing your team to identify areas for continuous improvement and proactively spot future disruptions. Related: 90% of Your Business Could Be Automated With Just These 4 Tools 3. Build a culture of delegation While technology provides powerful tools, a business cannot truly scale if decisions and critical tasks consistently bottleneck with the business owner. This is why a pivotal step in future-proofing involves actively building a culture of delegation and empowerment within your team. As a business owner, it's critical to start systematically delegating tasks and responsibilities by providing clear guidelines, comprehensive training and the necessary authority for team members to succeed independently. The ultimate goal is to foster an environment where employees are encouraged to take ownership, proactively solve problems and contribute ideas. From a future-proofing perspective, a strong, empowered team is fully capable of adapting and performing effectively even in your absence. 4. Develop a talent strategy Your team is your greatest asset. A solid future-proofing strategy involves more than just hiring. It means actively attracting, developing and retaining adaptable talent, skilled in new technologies. For your existing team, be sure to invest in ongoing training and skill development to ensure their capabilities keep pace with technological advancements and market demands. A skilled and adaptable workforce is essential for navigating change, implementing new strategies and embracing new tools. A proactive talent strategy ensures that your team is prepared to meet future demands and leverage emerging technologies effectively. 5. Foster a mindset of continuous innovation To truly future-proof your business, entrepreneurs should encourage a mindset of continuous improvement and innovation. You can do this by encouraging experimentation and allowing your team to make small mistakes and learn from failures. By building agility into your operational planning and decision-making, you are setting up the team to be nimble when unforeseen market challenges arise. Having a culture that embraces change and actively seeks new ideas will enable you to better identify and capitalize on future trends, rather than being overwhelmed. Related: The Power of Continuous Innovation — and 3 Easy Ways Your Company Can Achieve It There is a lot of uncertainty about the future. With rapid changes due to technology and other factors, it's impossible to predict the resources, skills and strategies businesses will need to survive. It's critical for every entrepreneur to take the time to carefully consider what they can do to strengthen the resilience of their businesses and position themselves to take advantage of new and emerging opportunities.
Fast Company
9 minutes ago
- Fast Company
‘Job hugging' is the newest career trend: Here's what it means—and why Gen Z is into it
The era of ' job hopping ' is over—get ready for 'job hugging.' Korn Ferry, a global organizational consultancy firm, recently published a new report showing that employees are no longer moving quickly between new job opportunities, and are instead choosing to stick it out in their current positions for the foreseeable future. 'At an alarming rate, more and more employees are displaying what is colloquially known as 'job hugging'—which is to say, holding onto their jobs for dear life,' the report reads. Just a few years ago, job hopping—or moving from company to company in search of the next best opportunity— was trending among employees, especially younger workers looking to climb the corporate ladder. Now, though, the opposite is true. Korn Ferry's analysts say AI disruption, a lack of new jobs, and an unpredictable economic market are some of the main reasons why employees are doubling down on their current positions. What is job hugging? According to a July report from Eagle Hill Consulting, the majority of employees plan to stay in their current position for at least the next six months, with Gen Z employees reporting the most intent to remain in place. Further, the data found that the Market Opportunity Indicator—a measure of employees' perception of the outside job market—has dropped to its lowest level since the report's inception. The growing pessimism around employment opportunities isn't unfounded. A recent report from Challenger, Gray & Christmas found that through the end of July, U.S.-based employers had announced more than 800,000 job eliminations in 2025— the highest number of jobs lost in the same period since the global pandemic in 2020. Meanwhile, job growth has turned sluggish: Per a July report from Bureau of Labor Statistics (BLS), the U.S. economy created just 73,000 jobs in July, down from the 111,000 monthly average of earlier this year. The report also majorly edited down previous estimates for May and June job creation. Many employees are pumping the brakes on hiring as inflation rises and President Trump's tariffs continue to throw the market into periods of major flux. On top of these trends, the increasing utility of AI technology is changing how some organizations are structured, and even threatening some occupations with replacement. Korn Ferry cites all of these factors as contributing toward the growing prevalence of 'job hugging.' 'Market instability is one of the major reasons I see as to why candidates, especially to performers, are reluctant to move,' says Stacy DeCesaro, a managing consultant at Korn Ferry. 'Top performers are waiting for a more stable market before they take a risk with a new role and company. Top performers are generally only leaving if they are miserable in their current role, are offered a significant compensation increase, or are feeling very unsettled with their company's viability, leadership, or culture.' For recruiters, Korn Ferry's report notes, this trend is poised to make hiring significantly more difficult. On the bright side, though, it might be an opportunity for organizations to invest more in their top talent and encourage younger employees to put down roots.
