News · CafeF

19-Year-Old Skips College, Sells Hundreds of Orders a Day and Earns VND 21 Billion From One Product

Mike Satterlee, who had just graduated from high school in the US, was selling hundreds of orders a day for CruiseCup's two-can insulated holder after an Instagram post in August 2025. He had 60 3D printers at his facility in New York and estimated it would take about 6 weeks to fill all orders. According to financial documents reviewed by CNBC Make It, CruiseCup generated about $808,000 in gross revenue in 2025 (over VND 21 billion) through its website and TikTok Shop. Before this, he ran Solefully, which he estimated brought in about $250,000 in 2024, and chose not to attend university to focus on the business. CruiseCup now operates 160 3D printers, and he keeps only about $500-1,500 a month because most profit is reinvested.

Summary written by Upside AI from the original article. Read the source for full details.

Original headline: Phát hiện nam sinh 19 tuổi quyết không học đại học, mỗi ngày bán hàng trăm đơn hàng, kiếm 21 tỷ đồng chỉ nhờ 1 sản phẩm

Read the original on CafeF ↗

Related news

  • The American Dream now costs $5 . 3 million and even college grads will fall $1 . 2 million short

    According to Investopedia's annual analysis, the lifetime cost of eight milestones, including owning a home, raising children, and retiring, is now about $5.3 million, up 4.1% from a year earlier. Homeownership is the largest item at about $1.28 million after a 7.7% rise, while the cost of raising two children and paying for college grew nearly 9%. Private-sector wages rose just 3.1%, and a full-time worker with a bachelor's degree is estimated to earn about $3.6 million between ages 25 and 64 before taxes, leaving about $1.2 million short even with 20 years of Social Security. A Gallup poll found 69% of U.S. adults expect to achieve the American Dream, down from 2024, and a record 22.7 million renter households were cost-burdened in 2024.

    fortune.com·
  • 'I earn $110,000 a year': I lost my home in the Great Recession. I'm renting in my 50s. Why is that judged as failure?MarketWatch·
  • The Eight Years Between Retiring at 62 and Claiming Social Security at 70 Are the Lowest Tax Bracket Most Retirees Will Ever See. A Couple Spending $60,000 Can Convert About $70,000 a Year to a Roth at 12% and Never Pay 22% on It Again

    Many new retirees live off savings from age 62 and wait until 70 to claim Social Security, filing with very little taxable income even though these years offer the lowest tax brackets they will see. For a married couple filing jointly in 2026, income taxed at 12% extends to $100,800, so a couple spending $60,000 could convert about $70,000 a year to a Roth, moving $560,000 over eight years and saving $56,000 compared with paying 22% later. Waiting until 70 can backfire, as Social Security plus required minimum distributions can make up to 85% of benefits taxable, pushing a 22%-bracket couple's effective marginal rate to 40.7%. Converting before 65 can also cost ACA premium subsidies, Medicare premiums are based on income from two years earlier, and taxes withheld from a conversion never reach the Roth.

    aol.com·
  • Beyond LLMs: Modern Machine Learning is Changing Investing

    Pictet Asset Management's David Wright explains how the firm uses artificial intelligence in its quant strategies, including navigating a costly chip market to keep its models current. The conversation also covers demystifying quant strategies and using modern machine learning and decision trees to interpret an increasingly complex market.

    Yahoo Finance·
  • Argentine students protest on campus over Milei austerity - Dominican Republic Post – Caribbean News , Business , Travel & Culture

    Students at the University of Buenos Aires Exact and Natural Sciences faculty announced a one-day occupation of the building to protest President Javier Milei's spending cuts, warning that free public higher education is at risk. Students and professors say low pay is driving top faculty to private universities, and austerity threatens funding for public education. Since taking office in 2023, Milei has laid off thousands of state workers, shut ministries and cut subsidies to fight high inflation, which has fallen to around 2% a month; he says growth is strong, with 27 consecutive months of expansion. Congress passed laws increasing university funding and declaring a disability emergency, but the government has refused to implement them, and a federal judge has begun fining it 100,000 pesos (around $70) a day. A protest on Thursday demanding implementation turned violent, with at least 25 people detained and several injured, including security forces.

    dominicanrepublicpost.com·
  • Moderna Is Now Worth More Than 3X as Much as BioNTech. Which Biotech Stock Is the Smarter Pick?

    Moderna's market cap is near $90 billion, about 3.6 times BioNTech's under $25 billion, after the two traded at similar levels for nearly the first eight months of 2026. Moderna's shares have risen more than 660% year to date on Phase 3 results for its personalized mRNA cancer vaccine intismeran autogene combined with Merck's Keytruda in melanoma, while BioNTech halted a Phase 2 colorectal cancer study in August because its vaccine proved ineffective, and co-founders Uğur Şahin and Özlem Türeci plan to leave by the end of 2026. Moderna trades above 32 times sales versus BioNTech's roughly 8 times, and analysts are far more bullish on BioNTech: 11 of 15 recommend buying, compared with only 3 of 20 for Moderna, whose average price target sits 52.5% below its share price. The author agrees BioNTech is the smarter pick at current valuations, citing its cash position of roughly $18.6 billion at the end of Q2.

    Yahoo Finance·

Related markets

Currencies →Gold →

Latest news

  • Tether: Senator's investigation misses positive work that's led to lower Iran volumes

    Tether CEO Paolo Ardoino says a recent Senate Democrats report, led by Senator Richard Blumenthal, missed the company's work to enforce sanctions. He claims Tether froze suspicious addresses on average 4 weeks before OFAC and NBCTF sanction designations, and before Chainalysis labelled them in 99% of cases since 2023. Ardoino says these actions led to Iran-linked stablecoin volumes declining by 94%. The Senate report, which described Tether as providing a significant financial lifeline within Iran's shadow banking network, said the company did not comprehensively freeze flagged wallets before 2024. Blumenthal is also probing Tether's relationship with its U.S. financial partner, Cantor Fitzgerald.

    CoinDesk·cryptostablecoinssanctions
  • Sandisk, Datadog, Amazon Lead S&P 500 As AI Stocks Rebound

    Western Digital, Sandisk, Datadog, Twilio and Amazon led the S&P 500 on Monday as AI-related stocks rebounded. Western Digital (WDC) rose 6.1% to 352.21, still below all its key moving averages, after plunging 16.4% last week. The hard-drive maker reports fiscal Q1 results late Thursday, kicking off a round of earnings for memory-related companies.

    Yahoo Finance·▲ AMZN▲ NVDA▲ SPYartificial intelligenceS&P 500AMZN
  • Tesla Rises on a Foundry Agreement With Intel as JPMorgan Upgrades the Stock

    Intel shares rose 4% and Tesla rose 3% after JPMorgan upgraded Intel to Neutral from Underweight and kept its $85 price target. Tesla committed to Intel's 14A process in April, and JPMorgan credits CEO Lip-Bu Tan's execution, expects positive EPS revisions, and sees its 2028 EPS estimate about 15% above consensus. The upgrade remains cautious: Intel is down about 36% from its June peak, its share of server CPU revenue has fallen from 77% to 53% since 2022, and its outside foundry business brought in barely $1 billion of annualized revenue in the first half of 2026. Intel's capital spending has exceeded operating cash every year since 2022, so the $20 billion stock sale and an anchor customer make the factory plan more fundable, though 14A won't reach high-volume production until 2028 and neither company has disclosed the deal's value. Intel reports third-quarter results on Oct. 29.

    Yahoo Finance·▲ TSLATSLAIntelsemiconductors
  • What Crypto Bear Market? All of These Cryptocurrencies Have Skyrocketed in Value This Year

    Bitcoin is down nearly 10% year-to-date, Ethereum is down 20% and XRP is down 30%, but several altcoins have risen sharply in 2026. Hyperliquid (HYPE) is up 210% for the year with a market cap of $20 billion, helped by the launch of spot ETFs, and Zcash (ZEC) is up 128%, with Grayscale's spot Zcash ETF attracting more than $500 million in under 30 days. NEAR Protocol, repositioned for the AI agent economy, is up 240% in 2026 but still down 75% from its January 2022 all-time high. Venice Token (VVV) is up 1,300% this year with a market cap just above $1 billion. The author favors Hyperliquid, citing its popularity overseas, the recent opening of the U.S. market to perpetual futures, and implicit support from the Trump administration.

    Yahoo Finance·▲ BTC/USDT▲ ETH/USDTcryptobitcoinaltcoins
  • Nscale in talks for $45 billion Anthropic AI deal as IPO looms

    Nscale is in talks to secure a computing deal worth about $45 billion with Anthropic, according to Bloomberg News, which could strengthen the Nvidia-backed data center developer's bid for a roughly $30 billion valuation in its planned IPO. The proposed agreement would cover a second building at Nscale's Monarch campus in West Virginia, delivering 460 megawatts of capacity powered by Nvidia's Vera Rubin chips, and could be finalized within days, though terms could still change. Anthropic already has infrastructure agreements with Nscale worth as much as $44.6 billion, according to Nscale's IPO filing, and holds a right of first refusal on the campus's anticipated third building. Investors are scrutinizing AI infrastructure economics, and Nscale faces questions similar to CoreWeave's about financing, execution and converting its backlog into cash flow, since its contracts are future commitments rather than collected cash. Representatives for Nscale and Anthropic declined to comment.

    Yahoo Finance·▲ NVDANVDAAnthropicIPO
  • A bad case of when your crypto thesis is based on one guy

    Turkey confirmed the arrest of Hex founder Richard Hart, who was detained in Istanbul on October 14, and said police seized 7.15 million cash, six cold wallets, 28 watches, 300 bags and seven firearms during searches across 15 addresses. The detention relates to a Finnish Interpol red notice over suspicions of gross tax evasion and assault in Finland. Hart had an SCC civil case dismissed in 2025 on jurisdictional grounds, and the SCC declined to refile it. The speaker argues that investors who buy the token based on one founder face a sharp price drop if that person runs into legal trouble, and advises against investing just because of a founder.

    Yahoo Finance·cryptofraudTurkey

All news →

Get the briefing on Telegram or Zalo

Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.