On today's episode of This Changes Things hosts Baker Machado and Hope King give a recap of the day's top earnings. In addition, they talk through top tips to ensure your business is a success.
But first, Jason Mayden, CEO and Co-Founder of Super Heroic, joins This Changes Things to discuss how creativity can empower an entire generation. He spent 13 years working for Nike, leading the creation of products for athletes and cultural icons such as Michael Jordan, Carmelo Anthony, and Derek Jeter. At Super Heroic it's his mission to empower children with the power of play through different products.
Plus, everyone has those quirky tendencies, but how do we hone in those attributions and create innovation? Melissa Schilling, Author of "Quirky" and Lydia Dishman, Reporter at Fast Company join This Changes Things to discuss different strategies to becoming a great leader.
William Li and Danielle Chang, co-founders of The Hao Life, join Cheddar Innovates to discuss how they're shaking up the $71 billion supplement industry by putting a modern spin on traditional natural Chinese remedies.
Stocks closed at session lows Thursday, with the major indexes falling slightly for the shortened trading week. The S&P 500 fell 2.1% for the week, the Dow Jones Industrial Average fell 0.8%, and the tech-heavy Nasdaq fell 2.6%. Investors continue to keep a close eye on inflation data, as well as earnings. Nancy Tengler, Chief investment Officer at Laffer Tengler Investments, joins Closing Bell to discuss today's close, inflation, how the Fed will handle rising prices, earnings, and more.
The major U.S. indexes closed Tuesday off of session lows as investors digest the latest read on inflation, showing it remains hot. Wall Street is also preparing for earnings from big banks and monitoring potential policy moves from the Federal Reserve. Peter Tuchman, a stock trader at TradeMas, joins Cheddar News' Closing Bell and highlighted tech stocks in particular. 'The tech sector, which led us to record highs before the 1st of this year, are now the ones that are leading us lower,' he said.
The competition between streaming platforms is heating up as Apple TV+, HBO Max, and others acquire the rights to air live sports, oftentimes behind an exclusive paywall. While this is likely to entice some viewers, it also presents a risk that viewership will become fractured. Customers might steer away from subscription overload as content streaming options become seemingly endless. Jeff Agrest, deputy sports editor and media columnist at the Chicago Sun-Times, joins Closing Bell to discuss what it means for the live sports industry when content is put behind a paywall on streaming platforms, how it could impact viewership, impact on sports betting, potential acquisition targets, and more.
The Coca-Cola Company is teaming up with science education personality Bill Nye as part of its World Without Waste Initiative to describe the bottle-to-bottle plastic recycling process through a vividly animated, stop-motion short film. Christine Yeager, director of sustainability at The Coca-Cola Company, North America, joined Cheddar News to talk about their initiative and the partnership. "We really wanted to partner with someone who can help us make recycling relatable, but also has a very um respected voice in the climate change space," she said.
Billionaire Elon Musk made waves after revealing he's making an attempt at a hostile takeover of the social media platform Twitter. The Tesla CEO is offering $43 billion to buy the social media platform outright with "freedom of speech" allegedly at the forefront of his agenda. Dan Ives, managing director of equity research at Wedbush Securities, is taking the tech entrepreneur seriously. "I think through many twists and turns over the coming months, he ultimately ends up owning Twitter because Twitter's board, their back is going to be against the wall," he said.
Retail sales grew 0.5 percent in March, largely being attributed to the rise in gas prices. Jharonne Martis, director of consumer research at Refinitiv, joined Cheddar News to discuss why consumer confidence has remained strong despite high prices. "What's holding on the consumer is the strong employment market that we have right now in the United States, which is one of the strongest we had in a very long time. If consumers feel that they are secure in their job, they're going to continue to spend," she said. However, Martis noted that signs that consumer spending is slowing down are already visible as well.
