Stocks opened higher Thursday boosted by higher-than-expected earnings from Salesforce and as Wall Street looks to extend a late-summer winning streak.
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Stocks Close Sharply Higher to End Volatile Week of Trading
Ross Mayfield, Investment Strategy Analyst at Baird, joins Cheddar News' Closing Bell, where he breaks down a very up-and-down week on Wall Street that included a late Friday rally to send the major indexes sharply higher on the day.
NFT Art Platform TRLab Raises $4.2 Million to Bridge Gap Between Traditional and Digital Art
NFT art platform TRLab recently raised $4.2 million in funding. TRLab launched just last year but says its platform focused on NFT curation and distribution is growing quickly. The company hopes to bridge traditional and digital art worlds and help artists explore NFTs as an emerging medium. TRLab co-founder and chairwoman Xin Li-Cohen and co-founder and CEO Audrey Ou joined Cheddar News' Closing Bell to discuss.
Akili Interactive Set to Go Public via Spac This Year
Eddie Martucci, co-founder and CEO of Akili Interactive Labs, joins Cheddar News to talk about how the company's gaming software helps kids with ADHD.
Stocks Rebound Friday as Volatile Week Continues
Chris Vecchio, senior analyst at DailyFX, joins Cheddar News to discuss what investors should watch as the three major indexes see wild swings all week.
Alcohol Giant Diageo Reports Global Sales Passing Pre-COVID Levels
Diageo, one of the largest distillers in the world, recently reported its global sales have surpassed pre-COVID levels. Debra Crew, the company's North American president, joined Cheddar to discuss the surging sales, supply chain disruptions, and its efforts in non-alcoholic beer and spirits. "We had growth across all five regions," Crew said. "A year ago that wasn't true. This was really more of a North America recovery story. This year you really see this across the globe, people returning back in. On premise reopening really helped us." The producers of Don Julio tequila and Ketel One vodka also opened a new carbon neutral distillery in Lebanon, Kentucky.
Tesla Earnings and Revenue Top Estimates in Q4
Although the auto industry is faced with chip shortages and supply chain woes, Tesla was still expected to report record earnings, and Elon Musk did not disappoint. Jon Rettinger, President of JFL Network, joins Cheddar News to discuss the company, the electric vehicle competition, and growth for the auto industry.
Cheddar Afternoon Google News Briefings of January 28th
Cheddar Afternoon Google News Briefings
Afternoon Alexa Flash Briefings of January 28th
Alexa Flash Briefings
GameStop Meme Stock Home WallStreetBets Loses Momentum One Year Later
A year after the r/WallStreetBets community on Reddit drove GameStop and other meme stocks to unprecedented heights, the subreddit seems to be losing its luster among retail investors. Caitlin McCabe, markets and retail trading reporter from The Wall Street Journal, joined Cheddar to talk about the waning popularity of the group “Users are going on to find the next GameStop, and instead, they're seeing many of the new users who have joined the subreddit still talking about GameStop and AMC," McCabe noted. "And, they've become frustrated as they're ready to move on from those original meme stocks."
