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.
Chinese electric vehicle maker, Xpeng, just announced it's jacking up the price of its EVs due to the cost of raw materials on the rise. Sam Fiorani, vice president of global vehicle forecasting at AutoForecast Solutions, joins Cheddar News to discuss.
Stocks closed near session highs Thursday as investors focused on falling jobless claims and shares that have a lot to gain from a recovering economy, including chipmakers.
David Scranton, CEO and Founder of Sound Income Strategies, joins Closing Bell to discuss today's close, why markets have been on a roller coaster lately, the biggest factors investors are watching, and what the Federal Reserve might do to try to combat rising inflation.
