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The new plan to create a stock market portfolio for every child in America that's caught Microsoft, Uber, Dell and Zillow's attention - TL;DR CNBC

The new plan to create a stock market portfolio for every child in America that's caught Microsoft, Uber, Dell and Zillow's attention

Publishing timestamp: 2023-11-26 18:18:19


Summary

The article discusses Brad Gerstner's plan to create government-funded investment accounts for children and have corporate America provide matching funds. Gerstner has been in touch with various corporate leaders, including Microsoft CEO Satya Nadella, Uber CEO Dara Khosrowshahi, and Michael Dell, to promote this idea. The goal is to support employees' children's financial well-being and provide benefits similar to 401(k) matching contributions. The article highlights the potential benefits for companies and employees, as well as the challenges and considerations involved in implementing such a program.


Sentiment: POSITIVE

Tickers: ZGMSFTUBER

Keywords: technologystock marketsbreaking news: investinguber technologies incinvestment strategymicrosoft corpzillow group incbusiness news

Source: https://www.cnbc.com/2023/11/26/microsoft-uber-dell-and-a-new-plan-to-start-every-kid-stock-picking.html


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