Facebook Earnings Crush, But Can It Sustain Momentum?
Emily Bary, reporter for MarketWatch, gives us her thoughts on Facebook's latest earnings report that saw earnings per share beat, but daily users on the platform drop because of a shift away from viral videos.
We talk about whether advertisers will stick around as the platform turns its focus to friends and family posts and away from publishers. Bary also weighs in on Amazon's upcoming release of its quarterly earnings. How much will the Whole Foods acquisition and holiday sales affect revenue? Overall, analyst expectations are positive.
AI-based adtech firm Adtheorent released its first earnings report as a public company Thursday after the bell. The company went public via SPAC deal in December and has since seen strong profit and revenue growth, with connected TV increasing 220 percent in Q4. Jim Lawson, CEO, AdTheorent, joined Cheddar's Opening Bell to discuss.
Adam Battle, research assistant at University of Arizona's Lunar and Planetary Laboratory, joins Cheddar News to discuss space junk heading to the moon and if more should be done to prevent space junk in the future.
The capital of Kyiv is home to more than 1,000 tech startups.
Some of the prominent tech companies founded in Ukraine include names like 'Grammarly' and 'GitLab,' but even companies that aren't based in Ukraine rely on the massive amount of tech talent in the country. Andy Kurtzig, CEO of Justanswer, joins Cheddar News to discuss how he's aiding hundreds of his employees in Ukraine.
Mark Clerkin, Head of Trading at CoinList, joins Cheddar News' Closing Bell, where he elaborates on the range of features his platform offers, from investing in up-and-coming tokens to trading, and says his company is eager to partner with Block CEO Jack Dorsey on future projects.
Music-focused NFT platform Pianity raising $6.5 million in a seed funding round. Pianity has developed a marketplace that allows musicians to sell their tracks as limited edition NFTs. Since its launch last year, the company says it has already sold 11,000 NFTs and artists have earned over $1.1 million from NFT sales. Kevin Primicerio, co-founder and CEO of Pianity, joins Cheddar News' Closing Bell to discuss.
ZipRecruiter reported revenue growth for the fourth quarter of 2021 and raised its forecast for the coming year, beating Wall Street expectations. The recruitment site has benefited from one of the tightest labor markets in history as companies desperately try to fill empty positions. Ian Siegel, CEO of ZipRecruiter, joined Cheddar to discuss how the company has adapted to The Great Resignation, a tight labor market, and record inflation.
Ford is looking to charge its electric business forward -- splitting its EVs and legacy internal combustion engine models into separate units. Ford says the split will streamline its EV business and boost profits, while giving it a better competitive edge. Ford's new EV focused business will be called Ford Model e. Greg Martin, Co-Founder, Rainmaker Securities joined Cheddar's Opening Bell to discuss.
