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Whether it’s picking out a new brunch spot or deciding which pants to buy next, the influencer economy has cemented itself as a powerhouse in consumer decision-makingand copy-trading app Dub believes the stock market is next. Founded in 2021 out of CEO Steven Wangs Harvard dorm room, the retail investment platform launched from stealth in February last year and has since amassed more than 1 million users. “Especially during times of volatility like this, people need more help than ever to navigate how to invest,” Wang says. “People are seeing us as a trusted source to be able to find experts who guide them on how to invest and let them sort of do the hard work for you.” After witnessing the impact of social media and investing through the infamous GameStop short squeeze in 2021, the 23-year-old founder set out to harness social media influence to benefit young investors. Despite ongoing economic uncertainty, more than 62% of Americans own stock, and younger generations are showing growing interest in entering the market. Gen Zers, for example, are beginning to invest at age 19earlier than previous generationsand are often turning to social media for financial advice. While Dub first gained traction by allowing users to copy high-profile investors like longtime California Congresswoman Nancy Pelosi and billionaire Warren Buffett, now the app also taps into the power of everyday creators, letting users copy and be copied by one another. (Politicians portfolios are not managed by the politicians themselves, but rather Dub advisers, and may take up to 45 days to update depending on their financial filing.) Functioning as a marketplace ecosystem, the app allows users to browse in-app creators, with visible returns displayed on-screen, offering a transparent and accessible experience for young investors. “It’s kind of like an eBay or an Amazon,” Wang says. “You can shop through all the different people who might interest or align with your investing style, your investing thesis. Or you might be enthused by their track record and their great performance.” Headquartered in New York City, Dub has raised $47 million in funding, including a $30 million Series A round in early May, and is growing quickly. Notable investors include Nathan Rodland of Robinhood, Dara Khosrowshahi of Uber, and major firms such as Notable Capital and Tusk Venture Partners. Monetizing influence In January of this year, the app launched its Top Creator Program through its registered investment adviser, allowing a select group of vetted, handpicked top performers to receive royalties. One of the top creators is 28-year-old Kian Saidi, who started investing 10 years ago and has held various roles in the investment world. Before joining Dubwhere he runs the $UNUSUAL portfolio with $2.6 million under management and 1,500 people copy-trading himhe led the Owls Capital Discord group, sharing market insights with 2,800-plus users. His X account has also gained more than 60,000 followers for his financial commentary. Through Dub, Saidis followers can ensure his returns are accurate and updated in real time, reflecting trades brokered directly within the app, while he continues to grow his audience. “It was a win-win,” Saidi tells Fast Company. In addition to monetization, he sees the creator program as a platform for young investors to showcase their skills. “Let’s say you’re interested in working for Goldman and JP Morgan,” he says. “You can showcase your performance on this app because you are only buying long stock . . . so it’s very similar to being on the floor.” Learning while trading Wang gained his trading insights long before his Harvard days (he says he got into investing in the second grade). But most young investors begin much later. Daniel Tang, a 26-year-old early Dub user who works in the commodities trading industry in Houston, initially joined the app to diversify his investments but quickly discovered an unexpected benefit. “I have a lot of insight on the commodities market, but I lack the ability to understand the equities market as much, so there are people I’m competing against where their full-time jobs is to look into the equity side of things, Tang says. Tang especially likes that the app requires creators to explain their rebalancing decisions, noting that such transparency helps him learn from the experts he subscribes to. “It gives me insight on the equities market that I could use even in my personal job,” he says. The apps educational focus is designed to encourage beginners to start investing with more confidence. “Most people never learn how to invest, and it’s one of the most powerful things that one can do,” Wang says. “The stock market is the compounding engine of capitalism, and is truly the most powerful way to make money in modern society.”
Category:
E-Commerce
With the Atlantic hurricane season underway and another record-hot summer ahead, corporate America is entering its most volatile stretch of the year. From tariffs to extreme weather, todays risks are hitting supply chains, markets, and investor confidence. The environment turns every natural or man-made crisis into a business liability. If youre a CEO, board member, or C-suite leader, this is your wake-up call and your moment to prepare. To help, we offer a warning of an emerging threat to be ready for: misinformation. Recent leadership shifts, political interference, and funding uncertainty have exposed cracks in the countrys crisis response infrastructure. If government systems cant keep up with the pace of crisis this year and beyond, businesses cant afford to wait. And misinformation cannot go unchecked or ignored. A new front has opened that plays out on the digital battlefield of public perception, where misinformation spreads faster than facts. Lies are sensational, loud, and sticky. The truth? Its often slower and more complexand yes, sometimes boring. That imbalance is where real damage happens. The New Crisis Reality In any crisiswhether a public health emergency, cyberattack, or natural disastercommunication is as vital as the response itself. In todays hyperpolarized landscape, weve already seen the consequences of misinformation, which offer a sobering preview of whats ahead. During the 2023 train derailment in East Palestine, Ohio, social media-fueled panic overshadowed official response efforts. In 2021s Colonial Pipeline cyberattack, misinformation triggered unnecessary fuel shortages across the eastern U.S. In Maui, conspiracy theories about the Lahaina wildfires spread faster than emergency warnings. During last falls Hurricanes Helene and Milton, disinformation delayed life-saving actions, disrupted coordination with cross-sector partners, and triggered real-world threats of violence against federal employees. And during the Los Angeles wildfires, AI images of the Hollywood sign engulfed in flames circulated widely online, further straining a community trying to recover. Misinformation isnt just accidental. Its being weaponized. Foreign adversaries like China, Russia, and Iran actively exploit crises to deepen divisions, discredit institutions, and disrupt coordinated responses. We also see this challenge at home, where opportunists or inaccurate reporting are driven by ideology or self-interest to spread false narratives that lead to fear, confusion, and preventable missteps. In a crisis, these harmful tactics not only cloud reality but also actively undermine efforts to help people. Instead of leading through the crisis and mobilizing solutions, companies and government officials are forced into damage control and fighting falsehoods. For companies, false information can trigger stock market drops, supply chain delays, and public backlash. It can erode consumer confidence, spark boycotts, and force costly crisis response efforts that wouldnt otherwise be necessary. Fighting misinformation preemptively through systems, training, and partnerships isnt just good risk management. Its a direct investment in business continuity and brand resilience. And yes, it costs money. But the cost of doing nothing is often much higher. What Business Leaders Must Do Now Misinformation is more than a government problem. It affects every industryfrom energy and finance to retail and transportationand every size of business, from multinationals with global supply chains to small companies serving local communities. During catastrophic events like earthquakes, hurricanes, or cyberattacks, companies within disaster zones play a critical role in recovery. To lead effectively, they need the trust of employees, customers, and local communities. Misinformation undercuts that trust. And its not just during major disasters. In todays always-on information environment, false narratives can surface at any time and spread quickly. The more visible a company is, the more exposed it is to misinformation that can damage its reputation and its bottom line. Companies already recognize this risk, but the speed and scale of recent eventsduring wildfires, cyberattacks, and even routine service outagesshows that the landscape is evolving faster than most are prepared for. Many still lack the infrastructure or strategy to respond effectively. That means executive teams need to start preparing nownot after the fact. Heres how to get ahead of it: Adopt a trusted and battle-tested crisis framework The Federal Emergency Management Agencys Emergency Support Function #15 (ESF-15) is part of the National Response Framework, the federal playbook for how government coordinates during disasters. ESF-15 focuses specifically on external affairshow agencies manage public messaging, media relations, and stakeholder engagement under pressure. Companies can adapt key elements by clearly assigning communication roles, syncing messaging strategies across departments and with external partners, and preparing to respond quickly when false narratives start to spiral. It offers a way to operationalize the response to misinformation by focusing first on delivering accurate, life-safety information to the publicbefore becoming consumed by brand reputation concerns. Conduct high-stakes crisis simulations Most companies run drills for natural disasters or data breaches, but few test how theyd respond to viral misinformation. False narratives can spread faster than the facts, especially during high-stress events. If you havent practiced for that, youre not prepared. A strong simulation replicates how misinformation unfolds through a misleading social media post gaining traction, a fake image circulating, or a rumor targeting your product or executives. From there, teams must react in real timevalidating facts, aligning internal and external messaging, and deciding when and how to respond publicly. Run these scenarios with your full crisis team, including communications, legal, HR, and operations. Dont underestimate the value of having your companys executive team or board in the room. Use realistic conditions like time pressure, incomplete information, and conflicting stakeholder needs. And most importantly, build i consequences. Did the company overreact and make it worse? Did it wait too long to correct the record? These are the dynamics leaders must experience before the real thing hits. Establish public-private resilience networks In a crisis, coordination cant start from scratch. Companies in critical sectors like energy, telecom, and water need standing relationships with local, state, and regional response partners. Even as FEMAs future role becomes increasingly uncertain under the current administration, local and state emergency managers remain vital anchors in disaster response. Companies should identify their regional emergency management agencies and build relationships with leadership, external affairs, joint information centers, and recovery coordinators. Many cities and states already run public-private working groups and emergency operations centers where businesses can participate directly during response and recovery efforts. The goal is to align earlyon messaging, resource coordination, and community needs. When companies and local officials are already connected, theyre in a stronger position to counter confusion, support vulnerable populations, and help stabilize recovery. If federal coordination weakens as many suspect it will under current leadership, these local and state-level partnerships become even more essential. Diversify communication channels Misinformation doesnt wait for a natural disaster. It can spread during a product recall, a service outage, a viral rumor, or in the middle of a major storm. In any of these cases, relying on a single communication channel is a risk. If your website crashes, social media is flooded, or email deliverability drops, how will you reach the people who matter most? Companies already go to extraordinary lengths to get the word out when things go right. They’ll build multi-platform campaigns to sell a new streaming subscription, launch a product drop with a celebrity brand ambassador, or drive demand through social media content for the latest pair of Jordansensuring the message sticks, spreads, and leads to action. That same level of effort is needed when things go wrong. A layered strategy is key. Use tools you control, like text messages to customers, in-app notifications, email, and internal platforms like Slack. Back that up with special hotlines, direct outreach from managers, and even packaging inserts. Traditional and local news outlets are essential, but so is engaging with digital creators who have built trusted online communities of their own. These are the same channels companies already use to drive sales or launch productsnow they need to be ready to correct the record when things go sideways. For businesses with physical locations, point-of-sale signage or handouts can help reinforce the right message. And when systems go down, low-tech options like printed flyers, AM radio, or employee word of mouth may be the most effective of all. Whether its a brand crisis or a major emergency, the goal is the same: Make sure the right message gets to the right people at the right timeclearly, quickly, and through whatever channels are still standing. The Cost of Inaction Businesses that fail to adapt arent just falling behindtheyre exposing people, assets, and long-term viability to growing risk. Public experts and former officials have warned that our national disaster response systems are being hollowed out. The ongoing dismantling of FEMAs leadership and staffing, along with the rollback of coordination functions across federal agencies, is weakening both our emergency response and our broader national security posture. At the same time, the misinformation landscape is only getting more volatile. Bad actors are more sophisticated, AI is lowering the barrier to entry, and fewer trusted messengers remain in place to cut through the noise. Preparedness is no longer a best practiceits a market imperative. In the next crisis, it wont be the truth that drives action. Itll be whatever people hear first and believe fastest. But theres power in what companies do next. Trusted brands, clear communicators, and credible institutions have a unique role to playnot just in protecting their reputation, but in helping the public navigate uncertainty, especially right now. When businesses lead with clarity and humanity, they not only survive the next crisis, they also help shape a stronger, more resilient economy for everyone. And isnt that the clearest measure of brand strength todaynot just being known, but being believed when it matters most?
Category:
E-Commerce
The look of the health and wellness products at CVS is about to get a little less prescriptive. The pharmacy chain, which reported $94.59 billion in revenue in the first quarter of 2025, landing ahead of expectations, announced it is overhauling its packaging for 68 pain reliever products this month, with updated packaging to come for nearly 3,000 other health and wellness items by the end of 2026. The outgoing packaging for the pharmacy’s private-label health and wellness products looks overtly clinical, in some cases packing product information into small areas with tiny text. Consumers are already overwhelmed with so many options in the health and wellness category, according to Musab Balbale, CVS Health’s chief merchandising officer. While we continuously strive to innovate our brands, we had not conducted a complete update of the CVS Health brand identity in almost 10 years, Balbale tells Fast Company. Now, we are putting our CVS brand front and center to truly stand out on the shelf. The new look is streamlined, with a simpler CVS logo instead of CVS Health, flat colors instead of gradients, and bigger product labels. The packages are easier to read, and a simplified visual hierarchy emphasizes product benefits and features. It’s made for store shelves and for easy comprehension at a glance. Products for kids and babies will be labeled with a ladybug. The redesign was done over the course of a year by teams from across CVS Health working with outside partners including the brand design agency Pearlfisher. Why CVS is rebranding The new packaging is the latest example of a private-label rebrand as CVS and other retailers have invested more in their own product lines. As consumers traded down from national brands to store brands due to inflation since the pandemic, stores like Target and Walmart redesigned their house brands to grow their owned shelf space and revenue. With friendly, brightly colored packaging that’s more design-forward and high-end than many of the generic brands of years past, this new generation of private-label products is meant to reach high-income shoppers with big-box-store prices. For CVS, the new packaging was made with three goals in mind: modernizing the brand, bringing the brand front and center, and emphasizing product form and benefits to make the shopping experience easier. The larger goal is associating CVS with health and wellness at large. With this evolution of the CVS brand, we’re not only simplifying shopping for customers, but we’re also aiming to become the health and wellness brand they think of first when seeking trusted solutions that deliver value and convenience, Mike Wier, VP of store brands at CVS Health, said in a statement. CVS introduced a private-label snack brand called Well Market last year following an overhaul of CVS Beauty in 2023. Its new health and wellness product packaging represents a further investment into building a strong store brand for core product offerings.
Category:
E-Commerce
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