Nike is suing two of its competitors for alleged patent infringement.
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Wedbush Raises Tesla Price Target As EV Revolution Revs Up
Wedbush Securities has raised its price target for Tesla stock to $1,400, among the highest on Wall Street. Analysts are pointing to an incoming green tidal wave as the main reason for their optimism, with President Biden's infrastructure bill expected to kick off a new era for electric vehicles in the U.S. Dan Ives, managing director of equity research at Wedbush Securities, joins Cheddar News' Closing Bell, where he explains why he's so bullish on Tesla even as competition from companies like Rivian heats up.
Roku to Compete on Original Content, Announcing Plans for 50-Plus Shows
Streaming platform Roku announced plans to develop more than 50 original shows in a bid to become a destination for free content amid growing competition in the space. Shelly Kramer, co-founder and lead analyst at Futurum Research, spoke to Cheddar about the new offering "The transition here from hardware to adding a software component by way of original content, I think is smart," she said. "And it's all about the Benjamins." Kramer also noted that she doesn't necessarily think Roku is entering the content game too late.
Religion of Sports CEO on 'Man in the Arena: Tom Brady' Doc and Why Sports Matter
Ameeth Sankaran, CEO of the emmy-winning media company Religion of Sports, joined Cheddar to talk about the "Man in the Arena: Tom Brady" docuseries that premiered on ESPN+ earlier this week. Sankaran noted Brady and former NFL star Michael Strahan as co-founders and discussed the origin of the company and its goal to tell stories about sports figures beyond their roles on the court or field.
HBO's Origin Story 'Tinderbox: HBO's Ruthless Pursuit of New Frontiers'
The behind-the-scenes story of HBO's history is chronicled in the new book 'Tinderbox: HBO's Ruthless Pursuit of New Frontiers.' The book tells the true story of how HBO came to dominate the television industry as we know it. The man behind the book has interviewed over 700 key sources to uncover a bottomless trove of secrets, surprises, and never before heard stories. James Andrew Miller joins Cheddar News to share more.
Apple Launches Self-Service Repair Program
Apple officially announced its self-service repair program allowing customers to buy individual tools and parts to fix their own devices. It comes as Apple continues to face pressure from 'right-to-repair' advocates. Ian Sherr, Editor at Large, CNET, joined Cheddar to discuss the significance of the move.
Markets Poised for Lower Open Amid Fears of Covid Resurgence in Europe
Markets were pointing mostly lower to end the week as investors reacted to the threat of a Covid resurgence in Europe. Jeff Schulze, Investment Strategist at ClearBridge Investments joined Cheddar's Opening Bell to discuss Friday's pre-market activity.
Sonos Achieved 16th Year Of Consecutive Revenue Growth According to Fourth Quarter Financial Results
Chief financial officer of Sonos' Brittany Bagley joins Cheddar News to discuss the company's Q4 earnings.
Robinhood Cleared by Federal Judge in Meme Stock Lawsuit
A federal judge tossed out a lawsuit against financial services platform Robinhood following the meme stock saga that swept the investment world. The judge said it found no wrongdoing on Robinhood's part after the platform halted trading on popular meme stocks Gamestop and AMC.
Co-Founder of 'Uber for Trucking' Talks Issues Facing the U.S. Freight Industry
Drew McElroy, Chairman & Co-Founder of Transfix, joined Wake Up With Cheddar to break down how to address problems facing the trucking industry, amid rampant inefficiency and driver shortages.
