Hollywood Writers Begin Negotiations With Alliance of Motion Picture and Television Producers
The Writer's Guild of America is set to begin negotiations with the Alliance of Motion Picture and Television Producers. Among items expected to be hammered out: watch per stream rates and the use of artificial intelligence in screen writing. Cheddar News senior reporter Michelle Castillo talked about what is expected to come out of day one of negotiations.
Google CEO Sundar Pichai was back in court Tuesday to testify in an antitrust trial that accuses the company of running an illegal monopoly on its Android apps.
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.
