On today’s episode of Seeking Trends, host Josh Lipton breaks down some of the top news and themes of the trading week.
Daymond John, founder of FUBU and Shark Group, and Brandon Sawalich, Starkey CEO, discuss how Starkey is leveraging AI to revolutionize the hearing aid industry.
John explains that he uses Starkey hearing aids and says, “Hearing aids aren’t just something you use to amplify your hearing, which is probably the most important part. But now they can be used for much more than that.” ” he explains. Sawalich explains that Starkey is “redefining hearing aids and eliminating the stigma of what a hearing aid is.” He continued, “It’s not about amplifying sound. It’s about having a little computer in your ear, essentially turning your ear into your new wrist, helping people be the best version of themselves they can be every day.” He continued. This technology can be used to listen to music, send messages, translate languages, and more. Sawalich even calls it “your personal assistant.”
Women’s sports are gaining attention from investors as WNBA viewership soars to an all-time high during the WNBA Finals. Justus Palmer, CEO of Fortuna Investments, details why venture capital firms invest in women’s sports. Ms Palmer outlines her view that sport is an emerging investment area and women’s sport is a particularly attractive investment opportunity. “It’s a very unique asset class. Now you have the big four men’s clubs. Those are kind of the blue-chip stocks in your portfolio. You have men’s baseball, men’s basketball, men’s soccer, and of course NHL hockey… in terms of women’s sports. I mean, I don’t want to say venture investing or growth investing, but people think it’s undervalued.”
Finally, Josh Lipton breaks down what to watch next week, from Tesla (TSLA) earnings to the latest housing data.
This post was written by Melanie Leal
