Stash is making investing accessible to everyone. The platform and app was started in 2015 and since then has grown to more than 1.2 million accounts and over 2.5 million content subscribers.
Brandon Krieg is the CEO and co-founder of Stash. He explains that Stash is not only about investing, it is also a learning platform. Stash opens up conversations between friends and family about investing and what to be looking for. Krieg says he is really proud of his customers.
The minimum investment in Stash is only $5, opening the door for all types of investors. In fact, over 80% of Stash customers are first-time investors.
When it comes to crypto, Krieg says they are waiting and watching. Krieg wants to get a sense of what regulators do and say. That being said, Stash customers are asking to invest in crypto. Krieg reveals that Stash will likely roll out a product sometime later this year.
Baseball is as American as — Apple TV+. The National Pasttime has a new media partner this season, as the MLB will be streaming Friday night doubleheaders on the Apple streaming service. Noah Garden, the league's chief revenue officer, spoke to Cheddar News to break down the details of what's being offered in the new package and why Major League Baseball felt the need to make the move this year. "We've been in a situation where we've lost reach, even within the cable bundle. There are situations where people in the local market don't have access to watch their favorite team and their local team on top of that," he said. "You have cord cutters and even probably more importantly, cord nevers. So streaming offers of some ability to gain reach that we've lost over the the last couple of years, and Apple was really the perfect partner for us."
It's National Beer Day! Miller Lite is celebrating with its new Beer Drops meant to "improve" the flavor of other light beers to be more like Miller Lite. Elizabeth Hitch, senior director of marketing at Molson Coors, joined Cheddar News to discuss the cheeky product taking a jab at the competition. “We found is that a lot of these beer brands were giving away free product, free beer, and we thought what good is it to have a free beer if it doesn't taste good, right? So, we thought about these flavor-enhancing beer drops to actually add flavor to other light beers to give them as much taste as Miller Lite," she said. Hitch also addressed ongoing concerns with aluminum shortages amid supply constraints as well as a foray into NFTs.
Angie Klein, CEO of Visible, and Melissa Hobley, CMO of OkCupid, join Cheddar News to talk about teaming up to create a singles registry just in time for wedding season.
Ken Grier, associate creative director at Dictador, joins Cheddar News to talk about the company launching NFT enabled luxury spirits and its art-oriented treasury club, ArtHouse Spirits DAO.
JetBlue made an unsolicited offer to buy low-cost carrier Spirit Airlines, potentially jeopardizing the original offer from Frontier Airlines. Several analysts sounding the alarm on JetBlue's proposed $3.6 billion merger, saying the deal doesn't quite make sense. Jim Corridore, Senior Insights Manager at Similarweb joined Cheddar's Opening Bell to discuss.
The Fed is gearing up to take more action to curb inflation. According to minutes from the central bank's March meeting, officials "generally agreed" the Fed should shrink its balance sheet by $95 billion per month and is considering larger rate hikes than its usual 25-basis point increase. Nela Richardson, ADP's Chief Economist, joined Cheddar to break down the potential impacts of these moves on the economy.
