E*TRADE Generation Trader: Preview of Facebook Earnings
Cheddar's "Generation Trader" series highlights the most compelling business stories that are moving the market, while utilizing E*TRADE's innovative trading platform. In this episode, Anchors Hope King and Baker Machado preview what to expect for Facebook earnings this week.
The company has faced scrutiny over Russian groups using its platform to meddle with the 2016 elections. In a written statement to the Senate Intelligence Committee just las week, Facebook said events from one Russia-linked troll group reached 300,000 Facebook users.
Earlier this month, Facebook announced changes to its algorithm of its newsfeed to prioritize posts from friends, and family over media publishers. This sent shares down on January 12. Facebook stock has recently rebounded, and is up about 10 percent over the past six months.
Six weeks before UnitedHealthcare CEO Brian Thompson was gunned down outside a Manhattan hotel last December, Luigi Mangione mused about rebelling against “the deadly, greed fueled health insurance cartel” and expressed that killing the executive “conveys a greedy bastard that had it coming."
Shaquille O’Neal and Allen Iverson once clashed on the court in the 2001 NBA Finals, but now the basketball legends are joining forces to revive the Reebok brand they helped make iconic.
Midea is voluntarily recalling about 1.7 million of its popular U and U+ Smart air conditioners because pooled water in the units may not drain fast enough, leading to mold growth.
Jeremy Fox-Geen, the Chief Financial Officer at Circle, joins Cheddar for a one-on-one interview as the company's stock surges on its first day of trading.
A unanimous Supreme Court has made it easier to bring lawsuits over so-called reverse discrimination, siding with an Ohio woman who claims she didn’t get a job and was demoted because she's straight.