Shares of [cloud provider 8x8](https://www.8x8.com/) are up nearly 40% year-to-date, capitalizing on the rapidly growing $40 billion enterprise communications market. Vik Verma, CEO of 8x8, was with Cheddar to discuss innovations in the industry.
Wall Street closed higher Thursday after a report showed inflation slowed again last month, bolstering hopes the Federal Reserve may take it easier on the economy through smaller hikes to interest rates.
Bringing manufacturing back to the United States is a top priority for the Biden administration, but a new report from Citi indicates that companies might have other priorities when it comes to securing their supply chains.