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U.S. Stocks Close Lower to Start August
U.S. stocks closed lower on the first trading day of August, after having their best month sin July since 2022. The S&P 500 dropped 0.28%, the Nasdaq fell 0.18%, and the Dow slipped 0.14%. Brian Vendig, president of MJP Wealth Advisors,...
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Money Mantra Ep 3 | How Prakash Gaba started investing at the age of 47
In the third episode of #MoneyMantra, StockGro Founder and CEO Ajay Lakhotia interviews trading mentor and veteran investor Prakash Gaba. Sharing anecdotes from his personal financial journey, Mr. Gaba advises youngsters to steer clear...
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'Did You Call Europeans Parasites?': Meloni's Direct Question To Trump | FULL BRIEFING
Donald Trump held a press conference with visiting Italian PM Giorgia Meloni on Thursday in the White House. During the briefing, Trump was asked by an Italian reporter if he called Europeans parasites. Meloni repeated the question in...
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Moderna's 'bivalent' booster may provide good protection, says expert
Toronto respirologist Dr. Samir Gupta explains how Moderna's planned new vaccine may offer broad protection against multiple mutations in the coronavirus. Moderna's dual variant booster is currently in testing.
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Oil Could Hit $140 a Barrel Amid Russia-Ukraine Crisis
Prices at the pump have escalated severely during the Russian invasion of Ukraine. Paul Christopher, head of global market strategy, Wells Fargo Investment Institute, joined Cheddar News to explain how he sees the gas prices continuing...
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Volatile Crypto Derivatives Market Fuels Bitcoin's Latest Downturn
While slumps within the crypto market have typically correlated with major developments, such as China's crypto crackdown or Tesla reversing course on accepting bitcoin, the current slide is coming at a time when the stock market is at...
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'It's Time' for Reddit to Go Public as It Files for IPO
Established more than a decade-and-a-half ago, the social news aggregation and community website Reddit, recently valued at $10 billion, is now ready to go public with a confidential filing with the SEC. Greg Martin, co-founder of...
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Berlin votes to transfer houses to public ownership
Tackling sky-rocketing rents in Berlin – Al Jazeera take a look into what could happen to thousands of apartments owned by big corporations.
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Global Markets Impacted By Omicron Fears
Stock markets around the world continue to be impacted by fears of the new Omicron COVID-19 variant. President Biden today reiterated his stance that the new strain is cause for concern, but not cause for panic. Wells Fargo Investment...
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What Investors Could Prepare for Amid Russian Invasion of Ukraine
After weeks of talks and posturing in hopes of staving off an attack, Russia invaded Ukraine on Thursday, an incident that has already impacted the global economy, including the U.S.. Jason McMann, head of geopolitical risk analysis for...
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Online Investment Firm Clearwater Analytics Launches IPO
Continuing a record-breaking year in IPOs, online financial services provider Clearwater Analytics made its New York Stock Exchange debut. CEO Sandeep Sahai joined Cheddar’s "Closing Bell" to talk about why this was an opportune time to...
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Singh outlines NDP plan to tackle housing affordability
NDP Leader Jagmeet Singh announced his housing platform during a campaign stop in Coquitlam, B.C., on Aug. 31.
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Deep Dive: Dow Jones Industrial Average Turns 125 Years Old
On May 26, 1896, the original dozen Dow Jones Industrial Average companies closed at 40.94. A century and a quarter later, the 30 companies that make up the index closed at 34,310.04. Cheddar takes a deep dive into the history of the...
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Author Ben Mezrich Talks Gamestop Short Squeeze and Day Trading in the Age of Reddit
Ben Mezrich, author of The Antisocial Network: The Gamestop Short Squeeze and the Ragtag Group of Amateur Traders That Brought Wall Street to Its Knees, joined Cheddar to discuss his new book, which details the Gamestop/Reddit day...
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DraftKings Rides Momentum to Huge Year-Over-Year Revenue Beat
DraftKings proved to be a winning bet in its first-quarter earnings, reporting a year-over-year revenue increase of more than 250%. DraftKings CEO Jason Robins discusses what right for the sports betting and daily fantasy platform during...
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Trump Bashes Zelensky Sitting In Oval Office Again; Rains Fire On NATO | Big Russia Announcement
Another tense moment unfolded in the Oval Office as Donald Trump took fresh aim at Ukrainian President Volodymyr Zelensky, criticizing his handling of the war with Russia. As tensions mount, NATO finds itself in the crosshairs of...
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Stocks Making Moves This Week: Tesla, Gamestop & ViacomCBS
Cheddar's senior editor Carlo Versano joined Closing Bell to break down the biggest movers in the stock market this week. From big losses from Tesla thanks to supply chain issues that forced a halt in production, to GameStop continuing...
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Why have investors been restricted in buying GameStop shares?
The US Congress wants to know why online investors have been limited in buying GameStop and other stocks during a market surge.
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Amateur investors take on Wall Street and drive up stock prices
Hedge fund managers have been stung badly by a bunch of amateur online investors who worked together to drive up the price of struggling video game retailer GameStop and other dark horse stocks.
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Airbnb’s record IPO and the tale of two economies
Airbnb has set a record for tech stock valuation despite the pandemic and and having never reported a profit. Analysts say the company is an example of the difference between what is happening in the stock market and the economy.
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Prospect of Pfizer vaccine boosts stock market
Stock markets surged Monday partly because of news surrounding the Pfizer vaccine. But not all of them. The winners and losers reveal that investors are betting on a return to normal.
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GameStop stock sees price drops after restrictions put on trades
GameStop’s stock took a dive Thursday after the online brokerage used for many of the trades that made it the hottest stock of the week put severe restrictions in place. Investment funds lost billions when amateur traders came together...
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Wall Street Reacts to Stimulus Deal Passed by Congress
Jason Rotman, Director at Everplus Capital, joined Cheddar to discuss what Wall Street thinks of the latest stimulus package.
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900,000 First-Time Unemployment Claims Filed Last Week, Slightly Better Than Expected
900,000 weekly first-time unemployment claims were filed last week, coming in slightly better than expected. Brian Nick, Chief Investment Strategist at Nuveen, joined Wake Up With Cheddar for more on the labor market and how it will...