Seeking Alpha author Mauro Solis joins Cheddar to discuss his views on Google's Chromebook business. He looks specifically at how it will generate profit for the tech giant.
Solis talks about the Chromebook business having a stronghold on the student market, but Google needs to ensure that students keep using that Chromebook after school. Google's main challenge right now is erasing the perception that these laptops are just cheap student devices.
Plus, who is winning the Chromebook market? Solis says its Intel. If Chromebook sales keep growing, Intel has almost no competition to win the market, at least for a while. In addition, it shows Intel pricing and design strategy has a stronghold on "cheap laptops/tablets" right now.
Ride share competitors Uber and Lyft both posted their fourth quarter earnings days apart from each other. Both companies have been trying to get back on their feet after taking some pandemic-related hits, but the Omicron variant had other ideas as the year came to a close, with each company taking a hit in ridership in December. Lance Ippolito, head trader at The Future of Wealth explains how Uber and Lyft measured up this earnings period and why Uber may still have an edge over the competition.
Parallel Systems has been selected to receive $4.5 million from the Department of Energy for an advanced testing program of its autonomous, battery-electric rail vehicles. The startup, which has raised more than $53 million to date, was founded by former SpaceX engineers to reimagine the rail system by creating a more efficient, decarbonized freight network. Matt Soule, Co-founder & CEO of Parallel Systems, joined Cheddar's Opening Bell to discuss what the company hopes to achieve.
