logo
The big winner at Milken this year? Saratoga's viral water bottle.

The big winner at Milken this year? Saratoga's viral water bottle.

Arougheti, the CEO of investment manager Ares, was in Pickles Pub, a popular bar for fans near the team's iconic stadium, offering to buy everyone a beer.
The short video of a joyous Arougheti in Pickles was played Tuesday to the amusement of his fellow panelists, Todd Boehly and Michael Milken, at the latter's namesake global conference. Milken, a big healthcare donor who George Washington University's public health school is named after, had one critique.
"We're going to try and give you more healthy things to hold up," Milken said.
After spending three days traipsing around the ritzy Beverly Hills hotel where the conference is held, it was pretty obvious what that drink would be: Saratoga Spring Water.
The glass blue bottles — a 24-pack of 12-ounce bottles costs more than $40 on Amazon — were omnipresent during the conference, with tables laden with them around every corner. Panelists, including Boehly and Arougheti, sipped them onstage. Hotel employees clearing trash cans in common areas sometimes needed backup to get the glass-filled utility trash bags out of their containers.
The brand, which is a part of the beverage conglomerate Primo Brands, went viral earlier this year thanks to influencer Ashton Hall, whose alleged morning routine includes dunking his face into a bowl filled with several bottles of the distilled spring water. The company's chief marketing officer previously told Business Insider that Hall's use of their product was not an ad, but they were enjoying the attention nonetheless.
Hall's TikToks didn't come up during the conference, but the conglomerate's CEO, Robbert Rietbroek, spoke on a panel at Milken. CNBC anchor Sara Eisen introduced him by noting that "we're all drinking his waters."
Rietbroek said, "Our mission is to hydrate a healthy America," and that the decrease in alcohol consumption has given Saratoga a boost, he said, sitting next to a small side table with several of his "beautiful blue bottles" on it.
"We're seeing an expansion of bottled water through the first quarter of this year," he said, despite economic worries.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Samsung Galaxy Z Fold 7 plummets to new record-low price, saving you $300!
Samsung Galaxy Z Fold 7 plummets to new record-low price, saving you $300!

Android Authority

time10 minutes ago

  • Android Authority

Samsung Galaxy Z Fold 7 plummets to new record-low price, saving you $300!

Ryan Haines / Android Authority OK, now we are talking! We've seen some great Samsung Galaxy Z Fold 7 offers, including storage upgrades and free gift cards, but this is the first time we've seen an actual discount on the device, and it's a pretty good one! You can take the Galaxy Z Fold 7 home at a $300 discount. Buy the Samsung Galaxy Z Fold 7 for just $1,699.99 ($300 off) This offer is available from Amazon as a 'limited time deal.' The discount applies to all color versions available from Amazon, including Jet Black, Blue Shadow, and Silver Shadow. If you prefer, you can also get the same deal from Samsung's official website. Samsung Galaxy Z Fold 7 Samsung Galaxy Z Fold 7 Thin, light, high-powered, and it folds! The Samsung Galaxy Z Fold 7 offers an 8-inch OLED screen, a 200MP camera, the Snapdragon 8 Elite for Galaxy chipset, and a 4,400mAh battery. The Galaxy AI experience is baked in, offering tools across the camera, Circle to Search, and much more. Best of all, Samsung continues to evolve its foldable hinge assembly, promising reduced visibility of the crease. See price at Amazon Save $300.00 Limited Time Deal! Many would argue this is the best foldable smartphone out there, at least in the mainstream market. It's also very new, launched only last month, in July. Given its prestige and recent release, it's shocking to see it discounted by $300. Don't get me wrong, the Samsung Galaxy Z Fold 7 isn't cheap, even at the discounted $1,699.99 price point. That said, there really isn't much competition in the world of foldable phones (specifically referring to foldout ones). If you're willing to pay the big bucks, you're getting an outstanding device. The Samsung Galaxy Z Fold 7 is no slouch. The overall experience will be nothing short of premium. The performance is outstanding, thanks to the Qualcomm Snapdragon 8 Elite processor and 12GB of RAM. This means it will be as powerful as the best Android phones around right now. Ryan Haines / Android Authority Of course, the internal screen is a big part of the experience. It has a large 8.0-inch Dynamic LTPO AMOLED 2X panel. It will look gorgeous, and the resolution is sharp at 2,184 x 1,968. Additionally, it has that smooth 120Hz refresh rate we all want these days. If that huge display is too much for quick tasks or checking notifications, there's also the external 6.5-inch external screen. The design is worthy of a Samsung high-end device, of course. This has an aluminum frame, Gorilla Glass Victus 2 in the back, and Gorilla Glass Victus Ceramic 2 in the front. It comes with an IP48 rating for water and dust resistance. This may not sound like much these days, but it is actually really good in the world of foldable phones. Ryan Haines / Android Authority Also, the battery is a bit small at 4,400mAh, which is another area where foldable phones usually suffer. There is nothing surprising here. All things considered, this is an impressive deal for anyone looking to get a high-end foldable phone. Catch this deal while you can! Remember, this is a new, high-end, very popular device. That's usually a combination for short-lived deals, and the Samsung Galaxy Z Fold 7 has never been cheaper than today. Follow

Jeff Bezos-Backed Real Estate Platform Shows Why Long-Term Tenants Mean Steadier Returns
Jeff Bezos-Backed Real Estate Platform Shows Why Long-Term Tenants Mean Steadier Returns

Yahoo

timean hour ago

  • Yahoo

Jeff Bezos-Backed Real Estate Platform Shows Why Long-Term Tenants Mean Steadier Returns

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. For many real estate investors, property appreciation often gets the spotlight — but the quiet hero of rental returns is tenant stability. A tenant who renews their lease year after year can save landlords thousands in turnover costs while keeping cash flow predictable. That's why the latest numbers from Arrived Homes, the fractional real estate platform backed by Amazon founder Jeff Bezos, are worth paying attention to. In Q2 2025, Arrived reported a portfolio turnover rate of just 26.8%, meaning the average tenant stays nearly four years. For investors starting with as little as $100, that kind of stability creates a foundation for steady, passive income. Why Long-Term Tenants Matter Tenant turnover is one of the biggest hidden costs in real estate. Each move-out often comes with a month or more of lost rent, along with expenses for repainting, cleaning, and marketing the property to find a new renter. Frequent turnover eats into returns, making cash flow unpredictable. Arrived's ability to keep tenants in place longer directly translates into stronger performance for investors. Shop Top Mortgage Rates Your Path to Homeownership A quicker path to financial freedom Personalized rates in minutes In Q2, the company's portfolio-wide occupancy rate was 94.5%, while homes in its Single Family Residential Fund achieved a remarkable 97% occupancy. Even better, 84% of new leases were signed at or above the original underwritten rents, meaning investors benefited not just from consistency but from income growth as well. That combination — steady tenants and higher rents — creates a more reliable path to building wealth through real estate. How Arrived Simplifies the Process Traditionally, landlords have to do the hard work themselves: advertising vacancies, screening tenants, responding to maintenance calls, and worrying about timing lease renewals. It's labor-intensive, stressful, and often requires significant upfront capital to even buy the property. Arrived changes that dynamic by doing all the heavy lifting behind the scenes. Investors simply choose from single-family rentals, vacation homes, or income-focused funds, purchase fractional shares starting at $100, and then sit back while professional managers oversee everything from lease negotiations to tenant relations. Rent gets collected, properties are maintained, and investors receive their share of the income — without ever stepping into the role of landlord. For people who want the benefits of real estate but not the headaches, it's a simple, hands-off approach. Backed by Bezos, Built for Everyday Investors Since launching in 2019, Arrived has attracted funding from high-profile backers, including Jeff Bezos, giving it both credibility and capital to scale quickly. Today, the platform manages hundreds of homes across the United States, offering investors exposure to residential real estate that would typically require tens or hundreds of thousands of dollars to enter. Instead of needing to save for a down payment or take on a mortgage, investors can get started for around a fifth of the price of a PlayStation 5. That small minimum unlocks access to income-producing rental properties — something that was once the exclusive domain of institutional players or high-net-worth individuals. Why This Model Works Now The broader housing market continues to face affordability challenges, with mortgage rates elevated and homeownership out of reach for many households. That dynamic has strengthened rental demand, keeping occupancy rates high and ensuring a steady pipeline of qualified tenants. Arrived's Q2 retention numbers prove that with the right strategy — proactive lease renewals, well-managed properties, and careful alignment of lease terms — it's possible to capture that demand in a way that delivers consistent returns. For investors seeking passive income, the combination of strong tenant retention, professional management, and . Instead of worrying about vacancies or unexpected repairs, investors can focus on building wealth with the reassurance that their returns are supported by long-term, stable renters. This article Jeff Bezos-Backed Real Estate Platform Shows Why Long-Term Tenants Mean Steadier Returns originally appeared on 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

Exclusive-Arm hires Amazon AI chip director to aid in-house effort
Exclusive-Arm hires Amazon AI chip director to aid in-house effort

Yahoo

timean hour ago

  • Yahoo

Exclusive-Arm hires Amazon AI chip director to aid in-house effort

By Max A. Cherney SAN FRANCISCO (Reuters) -Arm Holdings has hired former artificial intelligence chip director Rami Sinno to bolster its plans to develop its own complete chips, according to a person familiar with the matter. Sinno was responsible for helping to develop Amazon's homegrown AI chips called Tranium and Inferentia that are designed to help build and run large AI applications. Arm has sought to expand its ambitions from a supplier of crucial chip intellectual property to build its own complete designs. Reuters first reported on the company's plans outlined in sealed exhibits from a December trial, and its effort to hire executives from rivals in February. 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

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store