Relatively young by utility company standards, WOW! ー Wide Open West ー is a video, internet, and phone company starting to hit its stride, the CEO Teresa Elder told Cheddar's Jon Steinberg on Wednesday at the New York Stock Exchange.
WOW!, which operates in about 20 markets in the South and Midwest, delivered an earnings beat last week that was 160 percent above estimates. As a "challenger brand for every market," the television provider has embraced alternative video and over-the-top, or OTT, content, said Elder. It also provides a new mesh WiFi product intended to produce reliable, fast internet to its 800,000 residential subscribers.
Cheddar [announced a video on-demand content deal](https://www.wsj.com/articles/cheddar-a-tv-disruptor-launches-a-traditional-cable-channel-1532610000) last month with WOW!
For full interview, [click here] (https://cms.cheddar.com/videos/VmlkZW8tMjIxMjY=).
The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time, and its officials signaled that they expect to make three quarter-point cuts to their benchmark rate next year.
Eliott Wellenbach, vice president and institutional ETF strategist with Direxion, joined Cheddar News to discuss what traders are expecting from consumer spending ahead of the holidays and how they're positioning themselves following the latest inflation data and mortgage rates.
