Lutz Miller, author at Seeking Alpha, discusses the toy collectibles market and why now is a good time for investors to get in.
Lutz talks about the toy company, Funko, that recently went public. It allows adult collectors to buy figures from some of the biggest film franchises like Marvel's "Black Panther" and Disney's "A Wrinkle in Time." Since going public, the company's stock has overall been flat. Lutz explains why now is still a good time to get into a stock like Funko, especially if you're new to the toy collectible industry.
Elon Musk announced two new subscription tiers for people who want the premium experience. This, as some users in some countries may have to pay a very small fee to access the platform for more. Cheddar News' senior reporter Michelle Castillo explains.
Stocks dipped Friday morning after the yield on the benchmark 10-year Treasury crossed 5% for the first time in 16 years and also following Fed Chair Jerome Powell's remarks on Thursday.