Faraj Aalaei, CEO of semiconductor company Aquantia, spoke to Cheddar about the company's recent IPO. The company started trading on the New York Stock Exchange Friday morning.
Faraj expressed that the company's interested in autonomous vehicles and discussed the possibilities that new technology can bring for the company's bottom line.
The executive explained that the losses the company reported for 2016, and through the first part of this year, came from increased investments, which he believes will soon see returns.
New data shows the Barbie phenomenon is having a huge impact on retail sales, particularly in pink items.
The WGA is set to meet with Hollywood's top studios to bargain again.
Chinese tech company Huawei reported a 2.2% year-over-year growth in its consumer business revenue.
Stocks opened lower on Friday after the latest inflation report came in hotter than expected.
Amazon is cutting some of its private label in-house brands in a bid to cut costs.
Lyft said it plans to end surge pricing.
Target is turning to Starbucks and adding them to curbside pickup in a bid to jolt sales.
Automaker Stellantis revealed plans to unveil another Fiat electric vehicle.
A new report showed that new car prices are starting to cool off.
Senior citizens who receive social security benefits could see a much smaller raise in 2024.
