Cheddar News
Cheddar is a financial news network that streams live, created by Jon Steinberg. It broadcasts every day from various locations, including the New York Stock Exchange, NASDAQ, the Flatiron Building, and even the White House lawn and briefing room in Washington, D.C. Cheddar focuses on reporting the latest in products, technologies, and services.
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Computers Electronics and Technology
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Articles
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1 week ago |
cheddar.com | Peter Green
Right now big business is all about the transition to cleaner energy sources, as the world shuns coal and oil. General Electric spin-off GE Vernova $GEV makes high efficiency gas turbines and its shares are up 260% in the last year. “GEV isn’t a pure-play bet on traditional or green energy; it’s a bet on the transition itself, recognizing that shifting to cleaner energy will be a gradual, essential process,” Dan Buckley, Chief Analyst at DayTrading.com wrote in an email.
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2 weeks ago |
cheddar.com | Peter Green
AI data centers need energy, and that’s what’s made the stock price of aptly-named NRG$NRG ( ▲ 1.18% ) rise 88% in the past year.
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3 weeks ago |
cheddar.com | Damian J. Troise
NEW YORK (AP) - Stocks rose on Wall Street Friday following a better-than-expected report on the U.S. job market. The S&P 500 index rose 1.2% in afternoon trading. The benchmark index remains on track to notch a second consecutive winning week. The Dow Jones Industrial Average added 448 points, or 1.1% as of 3:03 p.m. Eastern. The Nasdaq composite rose 1.4%The gains were broad, with every sector in the benchmark S&P 500 rising.
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3 weeks ago |
cheddar.com | Peter Green
Forget Brad and Angelina, Ben and Jenn, The Beatles, Brexit, or even Henry VIII and his wives. This is the biggest split in recent history. Donald Trump and Elon Musk have officially ended their bromance, and it looks like it will spell trouble for the house of government-subsidized cards that make up Elon's business empire.
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3 weeks ago |
cheddar.com | Dee-Ann Durbin
Dave's Hot Chicken said Monday it has been acquired by the private equity firm Roark Capital in a deal valued at $1 billion. Dave's Hot Chicken got its start in 2017 as a popup in a Los Angeles parking lot. It has grown exponentially since then and expects to end this year with 400 restaurants worldwide. The brand specializes in Nashville-style hot chicken. Investors in Dave's Hot Chicken have included the rapper Drake, who gives away hot chicken sliders every year on Oct. 24, his birthday.
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