Budweiser cancels biggest IPO of 2019, France passes a US tech tax, and Birdâs profitability drama
Earthâs biggest brew-glomerate, Budweiser-owner AB InBev, was planning the biggest IPO of the year by spinning off its Asia unit â that was suddenly canceled before the weekend. France unveiled a âtec...
15 Jul 201917min
Facebookâs crypto vs. the Fed, Lululemonâs 20K-sq-foot mega-store, and why healthcare stocks jumped big
Fed Chairman Jerry Powell was visiting Congress â So he shared his thoughts on Facebookâs planned cryptocurrency (that may have caused Bitcoin to drop). Lululemon whipped up a 20,000-square-foot mega-...
12 Jul 201914min
Zoomâs major crisis, prison stocks lose their banks, and Snapchatâs 2nd class of startups
Conference call icon Zoom made your webcam vulnerable to snooping, and the flaw got discovered in a dramatic way. SunTrust bank decided to stop funding private prison companies, so we decided to look ...
11 Jul 201916min
HBO Max (coming this spring), Pepsiâs Bubly obsession, and Virgin Galactic is going public
Pepsiâs earnings report seemed normal, until we noticed its CEOâs passion for the future of its sparkling water strategy. AT&T announced HBO Max with a unique angle attacking Netflixâs awkward Achille...
10 Jul 201913min
Snapchatâs 2 biceps of tech, WeWorkâs pre-IPO debt-a-palooza, and the big minimum wage report
So far in 2019, Snapâs stock is up 160% â weâre looking at the 2 biceps of tech powering that silent comeback. WeWork wants to IPO, but first, itâs taking on some debt. A lot of it. And itâs the same ...
9 Jul 201914min
Cannabis co-CEO fired by beer board, Walmartâs Jet.com drama, and Lee Iacocca changed cars forever
Canopy Growth is the worldâs largest cannabis company and it suddenly fired its co-CEOÂ â but it looks like Corona owner Constellation Brands was all over this one. A Recode report revealed major drama...
8 Jul 201914min
Tesla goes from âdark orangeâ to âlight yellow,â Calm is our âUnicorn of the Day,â and the 10th birthday of the longest US econ expansion.
Tesla didnât report earnings â it reported its car deliveries, and the record numbers boosted the stock 7%. Meditation app Calm just raised more money as a $1B+ valued company, so we dive into the sle...
3 Jul 201913min
Stubhubâs VIP everything for concert tickets, Nikeâs womenâs sports binge, and Deutsche Bankâs downward spiral
Stubhub is treating customers who spend $10k to VIP tailgates, VIP perks, and VIP customer service. The womenâs national team soccer jersey is Nikeâs top-selling soccer jersey ever, showing the potent...
2 Jul 201913min
