Teslaâs âRobotaxi 2020â plan, Zillow falls 4% on home flipping, and Luckin, the âStarbucks of China,â is IPOâing in US
Teslaâs âAutonomy Investor Dayâ featured Elon saying heâs âvery confidentâ itâll have 1 million robo-taxi Teslas by 2020. Online real estate platform Zillow fell 4% on word its âiBuyingâ feature may n...
23 Huhti 201916min
Zoom surges 72% on IPO, T-Mobile jumps into banking, and tobacco/vaping stocks drop on âT21â
Out of last weekâs 8 IPOs, weâre focusing on Zoom â The shockingly profitable tech company with a fascinating CEO. T-Mobile gets into banking with a 4% checking account (it comes with a couple asteris...
22 Huhti 201915min
Super Bowl powers Pepsi to all-time high, Wish is Earthâs #3 ecommerce company, and Kansas City Southern Railroads jumps 4% (thank Mexico)
Pepsi rose to an all-time high as advertisingâs rescued its soda biz. Wish is reportedly raising $300M to reach an $11B valuation as 2018âs most-downloaded ecommerce app. And you havenât ridden on Kan...
18 Huhti 201915min
Apple & Qualcomm sign peace treaty, Stitch Fix hit by Walmart, and Ro becomes a semi-corn with new menopausal brand
Qualcomm shares surged after settling a major court battle with Apple thatâll give it plenty of iPhone $$$. Walmartâs launching a kids clothing subscription box thatâs straight out of Stitch Fixâs pla...
17 Huhti 201914min
Panera joins the âGame of Scones,â Waste Managementâs $5B acquisition, and Gogo inflight Wi-Fi surges 8%
House Starbucks or House Dunkinâ? Panera kicked the fast-food Breakfast Wars up a notch with its focus on coffee. Waste Managementâs $5B acquisition highlights the business future of trash. And Gogo i...
16 Huhti 201914min
African tech IPO Jumia jumps big, Facebookâs board drama, and JP Morgan jumps 5% as it looks into Americaâs wallet
The âAmazon of Africa,â Jumia, surged 75% on its IPO day, but itâs really more of an everything-app for 14 fast-growing African nations. Netflix CEO Reed Hastings is leaving Facebookâs board because t...
15 Huhti 201917min
Amazon throws shade at competitors, Lemonade raises $300M, and Keurig Dr. Pepper falls 4% on cocktail K-Cups
Jeff Bezosâ annual letter to Amazon shareholders ripped on eBay and professed love for gut instincts. Keurig Dr. Pepper stock fell 4% because its new K-Cup partnership with Budweiser seems dubious. An...
12 Huhti 201917min
Uber doesnât want its IPO to be like Lyftâs, Netflixâs unprecedented comedy move, and Deltaâs 2 âprofit puppiesâ
Lyft shares have fallen 25% since their first day of trading â And things got worse yesterday because of what Uber revealed. Netflix is partnering with another subscription service for the first time,...
11 Huhti 201913min
