The way people buy and sell homes hasn't changed in decades, but new tech-focused firms like REX Real Estate are looking to shake things up.
Jack Ryan, Founder and CEO of REX Real Estate, explains how the company is using A.I. and big data to streamline the real estate process. Ryan says big data lets them target buyers more quickly and more accurately than other agents.
REX Real Estate is currently available in New York and California, and will be opening offices in Texas and Colorado in the next few months. Ryan says he plans on being available throughout the entire country within a few years.
General Motors will be releasing its earnings report on Tuesday. Paulina Likos, investing reporter for U.S. News & World Report, joined Cheddar News to discuss how investors will be eyeing the automaker's forecast as it expands its EV division and attempts to navigate a supply shortage."Investors, first and foremost, are going to want to understand how the company has been able to navigate the chip shortage and how they're going to be able to do that throughout the year to come," Likos noted.
If you're in China you may have noticed that the 1999 film "Fight Club" which features Brad Pitt has somehow got itself a new ending. In the new ending on the streaming service Tencent, the narrator is killed and the explosions are replaced with a black screen saying "the police arrested criminals".It's unclear as to exactly why the changes were made. However, it is the latest example of China playing by its own rules when it comes to entertainment and attempting to control everything its citizens watch. Media Reporter at Axios, Sarah Fisher, joined Cheddar to discuss more.
Neil Young gave the streaming service Spotify an ultimatum demanding that his music be removed if the Joe Rogan experience remained on the platform. Joe Rogan's platform has been questioned a number of times as a result of some of his takes on covid treatment strategies and at times downright misinformation. Ultimately, Spotify decided to stick with Joe Rogan's podcast. The Director for the Business and Entertainment Program at American University, John Simson, joined Cheddar to discuss more.
Stocks closed at session highs on the last trading day of the month, but the major indexes still ended up posting their worst months since the start of the pandemic. The S&P 500 and the Nasdaq both had their worst months since March 2020. Nancy Daoud, Private Wealth Advisor at Ameriprise Financial Services, joins Closing Bell to discuss today's close, her market predictions for the year, how the Federal Reserve's monetary policy will impact stocks, and more.
