Amazon's Grocery Gamble, All Eyes on Netflix Earnings
Amazon opens its first fully automated grocery store in Seattle on Monday. In this cashier-less model, the consumer picks items and leaves the store without ever having to pull out their wallet. Amazon's technology senses what items were purchased, and then charges the customer's account. Amazon's new grocery store is called Amazon Go.
Netflix gets ready to report Q4 earnings after a very successful 2017. Beyond looking at the company's revenue growth, investors will be watching for subscriber growth, particularly at the international level. Last year, Netflix shares grew by 65%.
And Twitter COO Anthony Noto is reportedly considering a new job. Reports swirled over the weekend that Noto may leave the social media company for SoFi, the personal finance company. Noto is considered one of the most important executives at Twitter.
Federal Reserve Chairman Jerome Powell should be very cautious when deciding to raise interest rates or he risks another bank crisis, Rep. John Garamendi (D-Calif. 8th District) told Cheddar News.
Eric Menees, CEO and co-founder of fintech lender Fynn, joined Cheddar News to discuss how his startup offers private student loans for the nation's skilled workforce.
Matt Stucky, senior portfolio manager with Northwestern Mutual Wealth Management Co., joined Cheddar News to discuss Tuesday's trading session as the market digests SVB's collapse and as well as a key inflation report.
Matthew Goldberg, banking analyst at Bankrate.com, joined Cheddar News to explain what steps you should take to ensure your cash is safe with your financial institution.