Investing Advice Straight to Your Phone With TipRanks
TipRanks uses Natural Language Processing to give investing advice to roughly five million investors. Now, the company is out with a mobile app to bring the advice directly to users phones.
Uri Gruenbaum is the CEO and Co-founder of TipRanks. Gruenbaum explains that the reception to the new app has been very positive overall. The success has made him wish they built out this new app even sooner.
Gruenbaum explains that the overall goal is to help investors better understand the market and various options on the market. With NLP, TipRanks can analyze all of the information online and what analysts are saying, and then distill the best information and advice.
American businesses that rely on Chinese goods are reacting with muted relief after the U.S. and China agreed to pause their exorbitant tariffs on each other’s products for 90 days. Many companies delayed or canceled orders after President Donald Trump last month put a 145% tariff on items made in China. Importers still face relatively high tariffs, however, as well as uncertainty over what will happen in the coming weeks and months. The temporary truce was announced as retailers and their suppliers are looking to finalize their plans and orders for the holiday shopping season. They’re concerned a mad scramble to get goods onto ships will lead to bottlenecks and increased shipping costs.
Shopping expert Trae Bodge discusses how talks between the U.S. and China is good news for now, but uncertainty remains for back-to-school and the holidays.
Jake Traylor, White House reporter at Politico, joins Cheddar to discuss how Trump is aiming to lower drug prices and how it differs from Biden's approach.
Sheryl Palmer, CEO of Taylor Morrison, talks tariff uncertainty, being a female leader in a male dominated industry and what homebuyers need to know. Watch!