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Stocks Close at Session Lows Before Ford Drives to Earnings Beat
Jay Jacobs, SVP and Head of Research & Strategy, at Global X ETFs, joins Cheddar News' Closing Bell, where he explains why the Dow and S&P fell from their recent records during Wednesday's session. Jacobs also broke down the numbers in Ford's Q3 earnings as the results rolled in.
New Report Finds Corporate Directors Becoming More Diverse
Two recent studies by Conference Board, ESGauge, and Spencer Stuart find that the number of Black directors at S&P 500 companies is growing, but more needs to be done in order to see real gains in the boardroom. Jerusha Stewart, CEO of Take Your Seat joins Cheddar News to discuss what more needs to be done for a more inclusive workplace.
Flock Freight Raises $215 Million
The freight industry has its newest unicorn. Flock Freight recently reached the $1 billion mark after recently raising $215 million dollars. It comes during a watershed moment for the global shipping and freight industry, with the pandemic and other issues leading to the ongoing supply chain crisis. Flock Freight and its shared truckload service may be a solution. Flock Freight CEO Oren Zaslansky joined Cheddar News' Closing Bell to discuss.
Cannabis Tech Firm Dutchie CEO on Expanding After $350M Fundraise
Cannabis tech company Dutchie raised $350 million in Series D Funding in October, and Ross Lipson, CEO and co-founder, joined Cheddar's "Closing Bell" to talk about how the funds will be used to grow the business. He noted that attracting the best talent, research and development, and expanding the brand's international reach are among the top priorities with this latest round of funding. Lipson also provided a breakdown of how his company "powers a dispensaries operations" through point of sales and e-commerce transactions.
Cloud Data Company Informatica CEO on Company's Second IPO Launch
Cloud data management company Informatica made its market debut on the New York Stock Exchange today under the ticker symbol INFA. Shares ending the day even after opening at $27.55. with shares priced at $29 apiece. This is the second time the company has gone public after being founded back in 1993. Informatica then went private in a $5 billion deal in 2015. Now, the company is reentering public markets as a subscription business with a push to the cloud. Cheddar News welcomes CEO of Informatica, Amit Walia, to discuss.
Supply Chain Shortages to Impact Holiday Shopping
If you plan on hosting family and friends this holiday season, you may want to start stocking up on gifts right now. That's because major retailers don't anticipate the national supply chain crisis to end anytime soon. President Biden even says he's considering deploying the National Guard to ease the supply chain crisis. Melissa Gonzalez, CEO and founder of The Lionesque Group, joins Cheddar News to breakdown what consumers should expect.
New Oracle Study Reveals Reasons Why People Want New Careers
It's no doubt that the pandemic has been tough on the job market. According to the Labor Department, a record four million people quit their jobs in April. Now, a new survey from Oracle is touching on mental health and how employees are demanding more from their work lives. Juergen Lindner, SVP of global software for SaaS at Oracle, joins Cheddar Wellness to talk about the findings.
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