Social polling platform The Tylt is on a mission to take a pulse of the internet, and provide people a platform to have their voices heard. The company's General Manager Kyle Lelli explains how its users are responding to current events.
When The Tylt asked its followers whether the United States should legalize marijuana it's user base overwhelming voted in favor of making weed legal. According to The Tylt, 94.8 percent voted to #MakeWeedLegal, compared to 5.2 percent who voted to #KeepWeed Banned. Lelli says this echos the growing excitement and acceptance of marijuana.
When looking at how social polling compares to systematic polling, Lelli says The Tylt has the capability to leverage social media and billions of opinion being shared in real time. "We are trying to quantify opinions in a broader way," says Lelli.
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.
