Bobby Lee of digital asset firm BTCC told Cheddar that assets like Bitcoin and Ethereum are more comparable to securities than crypto tokens, and it's where he said he remains bullish. For full interview [click here](https://cheddar.com/videos/is-blockchain-overrated).
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Dating App Hinge Is Giving Single Daters With Kids $100 to Go to Childcare
Hinge users who have children can opt-in to a $100 stipend up to $25,000 for childcare. Logan Ury, the director of relationship science for the online dating platform, noted the issue as an obstacle for single parents who want to go out on dates. "We have heard that singles with children have a hard time going on dates for one of the reasons being that it's just hard to find childcare and it's hard to be able to afford it," she said. Ury also said that the hot topic among Hinge's users is mental health and the prioritizing of mental health.

Qualcomm Reports Q1 Earnings Beat, Bouncing Back From Supply Issues
Qualcomm announced a beat on its Q1 earnings. The tech giant appeared to be bouncing back from chip shortages and supply chain issues.

Despite Black Participation in Stock Market Lagging, Investment Gap Might Improve
According to the Federal Reserve, the investment gap between Black and white Americans has remained substantial, with only 34 percent of Black households joining in on the historic rise in the markets. Stacey Tisdale, the first Black woman to have reported from the NYSE and the CEO and president of Mind Money Media Inc., said that the data might not be as disheartening as it seems. "I think that number is very deceiving. That Federal Reserve study is actually from 2019, and it's very important that we all look beneath that number and look beneath the surface because there is nothing short of an investing revolution going on in the Black community," Tisdale said.

Cheddar Afternoon Google News Briefings of February 3rd
Cheddar Afternoon Google News Briefings

Afternoon Alexa Flash Briefings of February 3rd
Alexa Flash Briefings

Cheddar Quick Hit GSTV of February 4th
Cheddar Quick Hit GSTV

Meta Stock Plummets as Facebook Loses Users for First Time; Zuckerberg Blames TikTok
Facebook parent Meta’s miss on Q4 earnings raised alarm bells amongst investors. The tech giant lost users for the first time as it invests a lot into the metaverse, its virtual realm, in the hopes that consumers will move their social media consumption there. The stock dropped around 25 percent on the report, and CEO Mark Zuckerberg chalked it up to people flocking toward apps like TikTok, even as his own platform attempts to make a big pivot to the metaverse future. "It's gonna take a long time to develop and it's gonna take a long time to bring to fruition," Rebecca Walser, president of Walser Wealth Management told Cheddar. "In the meantime, the world is moving on. We have a very short attention span, especially on social media, and we want the short little videos. And Tiktok has just taken off."

Interest Rates Remain Unchanged Though Hikes Loom
Wall Street saw another volatile day after the Federal Reserve left rates unchanged for now, with plans to raise rates in March at its next meeting in order to ease inflation. Fed Chair Jerome Powell said the Fed has not made decisions on the size of rate increases, adding that the Fed is not trying to get inflation below two-percent. Ken Johnson, CFA and Investment Strategy Analyst explains why Powell thinks that high inflation is a significant threat to the labor market.

Spotify's Weak Growth Forecast Worries Investors
Ed Butowsky, managing partner at Chapwood Investments, joined Wake Up With Cheddar to break down the disappointing takeaways from Spotify's Q4 earnings report, which sent the stock plunging.



