Erich Reimer, author at Seeking Alpha, discusses his optimism around Facebook's growth and why he believes investors should be long the stock, despite its new news feed algorithm and the controversy over Russian meddling.
Reimer notes that while the news feed changes were disruptive, he believes they are in the long-term interest of the company. Reimer talks over streams of revenue for the company outside of advertising. He talks some of their other apps like Facebook Watch and Messenger, which show strong user interest.
Northwestern Mutual’s A.I. and money report shows that consumers want their adviser to take advantage of ‘superpowers’ granted by artificial intelligence tools.
The FDRA is a trade association that supports nearly 500 brands worldwide including Nike, Adidas, Walmart, and Target and represents over 90% of US shoe sales.
Lead Analyst at TVREV, Alan Wolk, joins Cheddar to discuss the latest in media and business news, including why business at the box office may be slowing down.
With stubborn inflation sticking at about 2.8%, there’s a chance that the Fed won’t cut rates this year. That might be the smarter choice in the long run.