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.
Veho bills itself as a next-day parcel delivery platform.
The startup recently announced a $170 million Series B round led by Tiger Global. Veho has a focus on last-mile delivery, which deals with getting packages from fulfillment centers to a customer's door. The company says it partners with e-commerce brands to provide them with a tech-forward and customer-centric delivery option. Itamar Zur, co-founder and CEO of Veho, joins Cheddar News' Closing Bell to discuss.
Russia’s invasion of Ukraine sent the stock markets into a frenzy for the end of the week. Managing Director of Equity Research at Wedbush Securities, Dan Ives joined Cheddar News to discuss the shifts he expects for the stock market going forward. "It's going to be volatile. Put on the seat belts. I think we'll look back six, nine months. This was an opportunity, not the time to sell, especially some of the high quality names within tech — Microsoft, Apple leading the charge," he said.
Even amid the Great Resignation, the cannabis industry saw major job growth. As of January 2022, the legal industry supported more than 428,000 jobs — a 33 percent increase year-over-year, according to the sixth annual jobs report from Leafly, a website focused on cannabis use and education. Yoko Miyashita, CEO of Leafly, joined Cheddar News' Closing Bell to discuss. “You know we've got big moments coming ahead in New Jersey and New York with adult-use sales starting in New Jersey, hopefully by this fall, with New York quickly to follow," she said. "So we're hugely optimistic about the kind of job growth that those markets can drive with the right type of market setup.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
Theaters needed new releases to fill seats, and unfortunately for them, the supply of movies is entirely out of their control. Cheddar's Alex Vuocolo takes a deeper look.
Nick Bailey, president, and CEO at Re/Max, LLC joined Cheddar News to talk about the company's strong Q4 earnings results and the tight real estate market overall. "Real estate has continued to be a very strong sector, and coming into '22, we're already seeing the spring selling season be accelerated because of such high buyer demand," he said. "Buyers thinking that interest rates could fluctuate and go up even more are wanting to be in the market sooner than later."
