How Millennials Are Driving a Fourth Industrial Revolution
The real estate industry is beginning to classify millennials as the driving factors behind a fourth industrial revolution. JLL's Pushpa Gowda joins Cheddar to discuss what she thinks the future of work holds in store. She cites millennials' tendency to question and challenge norms as the reason they're catalyzing so much technological change.
Gowda walks us through the most innovative new technology hitting the workplace. She explains that the developments aren't just changing what offices look like, but how they function. The managing director reveals why companies are investing more in inter-office experiences to retain their employees.
Finally, Gowda breaks down her five great predictions for the future of work. She thinks C-suites around the world are about to introduce a new position: Chief Happiness Officer. She also previews a time in which humans count A.I. and robots among their colleagues.
While it was a volatile week in tech as Meta experienced the biggest one-day drop in the history of the U.S. stock market, industry giant Amazon reported 40 percent growth — largely on the strength of the cloud. Dan Ives, managing director of equity research at Wedbush Securities, joined Cheddar News to break down how the e-commerce company stock managed to pop despite headwinds against its core retail business. "It's all about cloud because of sum of the parts, you could argue, amazon could be $3,500/$4,000 stock just based on cloud," he said. Ives also addressed the apparent the differing impact of Apple iOS changes on Facebook and Snapchat.
Following Ford's earnings miss, the stock price dropped despite a bullish outlook from the auto giant. Karl Brauer, an executive analyst with ISeeCars.com, joined Cheddar to break down why investors may not be sold on the carmaker because of the ongoing factor of supply constraints. "The product is not an issue. There's really good product coming from them, including the electric vehicle side, and the demand is not an issue. There's plenty of demand, but nobody really has a solid grasp on when we're going to get past the supply chain issue," said Brauer.
Image-sharing app Pinterest reported big beats on its Q4 earnings for the top and bottom lines. The social platform surprised investors after seeing a decline in users while earnings and revenue were much higher than expected.
Stocks closed at session lows Thursday, mostly due to a larger tech selloff after Facebook parent company Meta reported weak earnings results one day before. The Nasdaq closed down nearly 4% for its worst day since September 2020. Erin Gibbs, Chief Investment Officer at Main Street Asset Management, joins Closing Bell to discuss today's close, Meta earnings, Amazon earnings, and more
