Apple Music is on track to outpace Spotify in the U.S. According to The Wall Street Journal, Apple Music has been growing its subscriber base by 5% every month, while competitor Spotify has only been growing by 2% per month. If both companies continue to grow at the current pace, Apple Music will overtake Spotify by this summer.
We dive into what's behind the latest ups and downs in the stock market. The Dow set a record for the largest two-day drop since the Brexit vote in June 2016. Chad Morganlander, Portfolio Manager at Washington Crossing Advisors, believes it would be healthy for markets to continue to pull back.
Sean Black, co-founder and CEO of Knock, tells Cheddar about his plans to take his company public in 2020. Knock is a start-up company that allows homeowners to sell or trade their homes for better ones.
Plus, we break down the Super Bowl advertising wins and losses. Amy Avery from Droga5 and Jeanine Poggi from Ad Age weigh in on their favorite commercials of the night. Overall, they say Tide ran a very successful ad campaign, while Ram's ad campaign sparked criticism from many viewers.
We may not be headed for a 2008-esque disaster, but increased geopolitical tension paired with the end of the tech boom means volatility could stick around.
The dreaded Netflix crackdown on profile sharing translated into a major boost in subscribers while the promised rate cuts seem to be a far off fantasy.
After the 2021 boom, IPO activity slowed down significantly, in part due to monetary policy – but things are getting moving again with tech-friendly companies like Iboutta and Rubrik making a public debut.
With an increasing demand for mental health services, one person wanted to change the therapy game. In 2017, CEO Alex Katz founded Two Chairs, a company that uses technology to match patients with the right therapist.
