The last-minute bottle of wine may no longer be enough. From artisan treats and fine linens to seasonal flowers, the best host gifts are small, practical and chosen with genuine thought.
4 min
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Conventional wisdom is that if you are invited to someone’s home—or on their yacht or plane—you should thank them with a host gift. Exceptions can include casual get-togethers with close friends or occasions when you’re expressly asked not to.
The best gifts appear effortless, but are chosen with immense consideration. A bottle of wine bought en route to the party, the old standby for many, is no longer one of them.
When choosing a gift, it’s helpful to follow certain parameters: nothing too ostentatious, too hefty or too idiosyncratic in design. At the same time, thinking outside the box can show a deeper level of thoughtfulness. Here’s how to pull it off.
Thom Bettridge, an editor and writer in New York, has a rule of thumb: he only buys gifts that are smaller than a breadbox, to minimize the space that they take up in hosts’ homes. He likes thoughtfully designed playing cards or cookies from a specialty bakery.
Imported sea salt also passes the breadbox test. It’s a gift that Los Angeles fashion designer Zoe Latta often gives to friends. She said fancy salt is always well received because it’s an elevated version of an everyday staple that most people use.
Another small gift—a favorite of Salima Boufelfel, a founder of vintage clothing stores in New York, Paris and Tucson, Ariz.—is Santa Maria Novella’s scented pomegranate, a terracotta vessel that smells like and resembles the fruit. “It scents closets and laundry rooms,” she said.
Part of being a good guest, according to Bettridge, ”is understanding subtle helpfulness.”
When New York City Ballet principal dancer Unity Phelan is invited on a group trip to someone’s home, she and her husband try to stop at a nearby market or farm stand to buy a bounty of fruit and vegetables that everyone can enjoy throughout the stay.
Even if your host seems to have it all, that isn’t a reason to forgo bringing a gift. “People think that ultrahigh net-worth people are buying everything and they are not,” said Kelly Bensimon, the model-turned-reality-TV-star-turned-real-estate-agent.
Thoughtful knickknacks are something that people of any social status can appreciate, Bensimon added. She likes giving dish towels made of fine European linen, which she often gets at Clic, the French homewares boutique with locations in California, New York City, the Hamptons and St. Barts.
“You want to find things that will blend in,” said Latta, the fashion designer. Clear glassware that can be easily mixed with a host’s other cups is a good option, she said.
Fresh flowers, another old standby, endure as a suitable host gift—if you get them from a local florist, not a corner store, and go with seasonal varieties. For a cleaner look, Kaelen Haworth, the owner of a luxury-clothing store in Toronto, likes choosing flowers in a single color or type, not an assortment.
If you’re going with flowers, sometimes it’s better to send them after the fact—for instance, if you’re invited on a private plane. Zachary Weiss, a writer in New York, likes to send orchids to his hosts well after landing. “It comes down to practicality,” he said.
It’s easy to leave gift-buying to the last minute. Stockpiling some trinkets will help you avoid the scramble.
When she’s not giving flowers, Haworth likes to give skin care—specifically from independent brands or products from other countries, which she buys in bulk when she travels. “I went to Greece and bought 15 bottles of a sunscreen they don’t have in the U.S.”
Sometimes, life gets in the way and grabbing wine might be the only alternative to showing up empty-handed. If you’re invited somewhere with your significant other, do as New York ceramist Shane Gabier does and get two bottles of wine—a gesture more generous than showing up with just one.
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Apple closed above a $5 trillion market valuation for the first time, capping Tim Cook’s 15-year tenure and setting a high bar for incoming CEO John Ternus, as the company faces growing pressure to strengthen its AI capabilities and sustain growth.
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Apple AAPL 0.50%increase; became the second company to close above the $5 trillion mark on Wednesday, capping the Tim Cook era, and posing an implicit challenge to new Chief Executive John Ternus.
The iPhone-maker’s shares closed at a record, just enough to push the company’s market capitalization into territory that only chip colossus Nvidia occupies. Apple’s market value has surpassed $5 trillion six times previously during intraday trading, but it had never closed above that level, which it squeaked past on Wednesday, ending the day at $5.005 trillion according to Dow Jones Market Data.
Cook’s act will be tough to follow. During his 15-year tenure as CEO, which ended Aug. 31, Apple’s market capitalization multiplied by a factor of 13. He nearly quadrupled the number of iPhones sold annually. He grew its highly profitable services business from $10 billion annually to more than $100 billion. He launched the Apple Watch and AirPods, which together generate more than $30 billion a year. He poured Apple’s cash into more than $1 trillion worth of share buybacks and dividends.
Today, Apple shares trade at a premium compared with the overall S&P 500 even though the company’s revenue growth rate is slower than the index’s average. That is because the company’s shares are viewed as safe, and its business predictable, say analysts.
A key to Apple’s success under Cook is how it has limited capital spending, juicing the company’s returns for investors and greatly reducing the risks of its business. That has never been more apparent than during the AI build-out, when big tech rivals have rushed to spend gargantuan sums on data centers while Apple has focused on its core businesses making devices and selling high-margin services for them.
Apple investors are so confident in its business that they have driven up its shares despite big cost increases that threaten profit margins. The cost of memory and storage chips inside iPhones, Macs and iPads has skyrocketed as demand for those chips from data centers has led to shortages. Apple has responded by raising prices across its device lineup, including for older model iPhones that would typically get a price cut.
In theory, such a move could hurt Apple since iPhone buyers might wait longer to upgrade their devices. Yet since the first wave of price increases Apple shares have jumped 25%.
In part, that is because investors think Apple device buyers will pay the higher prices, enabling Apple to generate as much or more in total profits even if margins are down, said Bank of America analyst Wamsi Mohan. He added that Apple’s new foldable iPhone Duo is likely to be popular and that the new Siri AI will prompt iPhone upgrades.
AI has long been viewed as Apple’s Achilles’ heel. The company failed in its efforts to build its own frontier model, and it also allowed its Siri assistant to fall far behind rivals. ChatGPT revolutionized what smartphone users expect from chatbots.
Apple hopes to turn a corner with the new Siri AI. Built with Google’s help, Apple’s redesigned chatbot was released this fall. It still lags behind rival AI systems in key respects, though it has the advantage of being built directly into the device that many people already use, their iPhone. Apple also has access to more personal data, which could theoretically be used for compelling AI features, though new AI agents show the technology is advancing faster than Apple’s ability to keep up.
Tech rivals know how important it is to control the devices that people use to deliver their services. Perhaps most threatening to Apple, OpenAI is planning a family of AI-powered devices. It has poached hundreds of Apple employees to drive its device strategy. Apple responded in July by suing OpenAI, alleging it stole Apple trade secrets.
OpenAI has said it is “not aware of any evidence that this complaint has merit” and alleged in a new legal filing Wednesday that Apple poached one of its own employees who took confidential files with him. Apple said in response that it had found no evidence supporting the new allegation.
AI could be the battleground where Ternus makes his mark, either ushering in a new era of innovation and growth for Apple or finally losing its status as the company that has defined how people interact with computers.
