Daytona 500 Race went into an exciting overtime when 27-year-old Austin Dillon finally pulled into first place during the final lap. The Daytona 500 winner joins Cheddar to explain the emotions that came with the big win.
When asked how it felt to win, Dillon said, "You dream about big moments in your life and when it happens you think, oh no, what next?" That being said, Dillon feels on top of the world to have a 1st place Daytona win under his belt.
Dillon also says he didn't know right away that he had won, and now he is still pinching himself. He is happy that he could help his grandfather, the owner of the team, secure another win.
To celebrate, Dillon got a tattoo to commemorate the occasion.
Breaking down the good, the bad, and the new in business on Monday, June 13, 2022, with JP Morgan's bullish Apple take, EV startup Electric Last Mile Solutions planning to declare bankruptcy, and Amazon getting ready to roll out its new drone delivery service in California.
Jay Hatfield, Chief Investment Officer at Infrastructure Capital Management, joined Closing Bell to break down the big factors leading to this latest market meltdown, as inflation and an upcoming Fed policy decision affect investor sentiment.
Tech apprenticeship platform Multiverse became a unicorn with a $1.7 billion valuation, after raising $220 million in a Series D round. As companies across the country face challenges in hiring and retaining tech talent, Multiverse says it's trying to offer a solution with a new way to train and hire workers that can serve as an alternative to college and corporate training. Sophie Ruddock, VP and GM North America of Multiverse, joins Cheddar News' Closing Bell to discuss.
Bitcoin's price has fallen below $24,000, its lowest level since December 2020. Matt Hougan, CIO at Bitwise Asset Management, joined Cheddar News to discuss the future of crypto amid the latest high-profile point of concern, the halting of withdrawals at Celsius Network. "Last month we saw Luna collapse. This month we're seeing Celsius possibly collapsing," he said. "So this stress test is finding weaknesses in the crypto ecosystem and it will continue until we get to a strong foundation from which crypto can recover."