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.
Advertisers are fleeing social media platform X over concerns about their ads showing up next to pro-Nazi content, hate speech on the site in general or billionaire owner Elon Musk’s own posts endorsing an antisemitic conspiracy theory.
The Energy Department is making a push to strengthen the U.S. battery supply chain, announcing up to $3.5 billion for companies that produce batteries and the critical minerals that go into them.
Ed Egilinsky, managing director and head of sales and distribution & alternatives with Direxion, joined Cheddar News to discuss how bond traders are reacting to the latest consumer price index data and how they're positioning portfolios ahead of next week's release of Nvidia's earnings. Egilinsky also discussed some of the other bigger-cap companies, including Alphabet, Amazon and Apple.
Facebook and Instagram will require political ads running on their platforms to disclose if they were created using artificial intelligence, their parent company announced on Wednesday.
