Bill Brown, CEO of property-visualization company Matterport, talks to Cheddar about how technology...from virtual reality to 3D printing, is influencing the real estate market in our "House Rules" segment sponsored by Chase Home Lending.
Matterport provides 3D and virtual reality models as a medium for real estate agents to show off properties. Brown talks about how millennials are in an "always-on" mode and crave an interactive connection with almost everything. He says young adults are more likely to buy a property, sight unseen, than any other generation.
And although seeing houses through a virtual reality headset or a 3D model can save a lot of time and money for the buyer, it still doesn't necessarily eliminate the need to see the house in person. Brown says there are certain circumstances where it will be most useful, for example moving across the country or wanting to invest overseas.
Ed Egilinsky, managing director and head of sales and distribution & alternatives with Direxion, joined Cheddar News to discuss how bond traders are reacting to the latest consumer price index data and how they're positioning portfolios ahead of next week's release of Nvidia's earnings. Egilinsky also discussed some of the other bigger-cap companies, including Alphabet, Amazon and Apple.
Facebook and Instagram will require political ads running on their platforms to disclose if they were created using artificial intelligence, their parent company announced on Wednesday.
Arturo Béjar testified before a Senate subcommittee on Tuesday about social media and the teen mental health crisis, hoping to shed light on how Meta executives, including Zuckerberg, knew about the harms Instagram was causing but chose not to make meaningful changes to address them.
Uber missed analysts' projections for earnings per share and revenue this past quarter. Cheddar News takes a closer look at the numbers and explains what to expect for the rest of the fiscal year.
The Air Force is asking Congress to restrict further construction of the towering wind turbines that have edged closer to its nuclear missile sites in Montana, Wyoming, North Dakota, Nebraska and Colorado.
