David Tutera Makes DIY Easy With New Michaels Partnership
Entertaining expert David Tutera has a brand new line for DIY lovers that allows them to make their own flowers for any special occasion, including birthdays and weddings. Tutera sits down with Alyssa Julya Smith in Los Angeles to talk about creating the line and what he hopes people get from the project.
Tutera also talks about his shoe line that is exclusively for special occasions, saying the shoes are perfect for brides on their big day since they are shoes "that should be seen." The entertaining expert, who has planned numerous celebrity weddings, gave his take on the Royal Wedding next year, including what he thinks Meghan Markel will wear on the big day.
As a style expert, Tutera is well versed in all things fashion and he says he knew ultra violet with the Pantone color of the year in 2018 before it was even announced. Tutera's DIY Sizzix line is exclusively available at Michaels.
Will Rhind, CEO of GraniteShares, joins Cheddar News' Closing Bell, where he says he believes the Fed's plans of increasing rates is taking its toll on some of the more speculative stocks and the technology market.
Melissa Gonzalez, CEO and Founder of The Lionesque Group, joins Cheddar News' Closing Bell, where she explains why she feels mixed about the Walmart's new initiative and what will make mass adoption of this offering difficult.
Exercise equipment maker Peloton is attempting to run away from a recent bout of controversy. CEO John Foley published an open letter to employees on Thursday after reports that said Peloton was pausing production of its Bike and Tread products, delaying the opening of a new U.S. factory, and considering job cuts. In the letter, Foley wrote that the information in the reports was 'incomplete,' 'out of context,' and not reflective of Peloton's strategy. Peloton's stock responded on Friday, with shares bouncing back after falling nearly 24% in the regular session on Thursday. CFRA Research's Director of Research Ken Leon joined Cheddar News' Closing Bell to discuss.
Home essentials maker Outlines announced its launch at the beginning of 2022, along with $1 million in pre-seed funding led by Social Impact Capital. Outlines says it is re-imagining how we keep our homes clean while also reducing plastic waste. The company's debut product, the Shower Liner System, is made of long-lasting materials, including easy-to-recycle plastic. Outlines co-founder and CEO Luke Young and co-founder and COO Megan Ceryanec joined Cheddar News' Closing Bell to discuss.
Despite Netflix's successful fourth-quarter earnings report, investors are hitting the 'pause' button after the company admitted that competition from other streaming platforms could eat into growth. Netflix is also lowering expectations for expected subscriber growth for the first quarter of this year, anticipating it will add just 2.5 million, far below the 3.98 million subscribers it added during the same quarter one year ago. What could happen to the streaming giant as the streaming wars keep heating up? Greg Martin, Co-Founder of Rainmaker Securities, joins Cheddar News' Closing Bell to discuss whether Netflix could lose its top spot, how it's trying to compete with other platforms, the streaming industry landscape, and more.
eToro, the social trading platform that offers crypto, forex, and equities, recently announced that it's giving U.S. users the option to include stocks and ETFs as part of their investment portfolios. Lule Demmissie, CEO of eToro U.S., joined Cheddar to talk about the company’s expanded offerings. "We felt, although crypto is a fantastic asset class, that individuals benefit from having a broader access to different kinds of investments, and equities is definitely one of them," Demmissie noted.
Coming off of CES, Blink Charging announced a partnership with legacy automaker General Motors to provide charging stations for its newest electric cars. The company specializes in stations they own and operate that also accommodate residential and commercial locations. Michael D. Farkas, founder and CEO, noted that they "don’t discriminate” when it comes to locating their chargers while also taking the philosophy of seeing their hardware more like hot water heaters rather than smartphones constantly in need of upgrading. "We believe it's one of the reasons why we were selected by GM," Farkas said. "These dealerships have to invest in these locations and make sure that this hardware is workable for a very, very long period of time."
Simeon Siegel, managing director and senior analyst at BMO Capital Markets joins Cheddar News to discuss CNBC's report that Peloton plans to halt production, despite the company's CEO denying those claims.
Mona Zhang, states cannabis policy reporter at POLITICO Pro joins Cheddar News to discuss major factors that caused Canada's retail marijuana sales to drop last year.