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 things are getting too awkward. And JPMorgan rose 5% as it kicked off earnings season, but weâre more interested in its unique window into  your wallet. Learn more about your ad choices. Visit podcastchoices.com/adchoices See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
15 Apr 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. And insurance startup Lemonade raises $300M with an insurance business model based on you not hating it. Learn more about your ad choices. Visit podcastchoices.com/adchoices See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
12 Apr 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, and this oneâs all about comedy. And Delta jumped 2% on more details about (what weâre calling) its two âprofit puppies.â Learn more about your ad choices. Visit podcastchoices.com/adchoices See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
11 Apr 201913min
Leviâs 1st earnings report, Under Armour drops 4%, and Bank of Americaâs big pay raise
In its first earnings report since its March IPO, Leviâs shares jumped. Under Armour dropped 5% because a single survey showed itâs lost consumer love big-time. And Bank of America just jacked up its minimum wage to $20 an hour â And that says a lot about the current economy. Learn more about your ad choices. Visit podcastchoices.com/adchoices See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
10 Apr 201914min
âAvengersâ powers AMC movie theater stock, Chuck E. Cheeseâs plans to go public again, and GE falls because of âthe GE whispererâ
Donât call it a comeback (but it is a comeback). Your childhood Chuck E. Cheeseâs has been revamped by private equity and wants to go public again. AMC jumped 9% on word the latest âAvengersâ could have the biggest movie opening ever â And this summer is packed with blockbusters. And General Electric shares fell after âthe GE whispererâ turned on the conglomerate. Learn more about your ad choices. Visit podcastchoices.com/adchoices See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
9 Apr 201914min
Bumble launches a physical magazine, Snapchat gets into gaming, and 1 problem in the âperfectâ jobs report
Ladies-first dating app Bumble just published a physical magazine as it transitions online to offline. Snapchat stock popped last week after its big move to make video games for non-video-gamers. And the March Jobs Report showed continued economic growth, but we look into one number thatâs a real problem. Learn more about your ad choices. Visit podcastchoices.com/adchoices See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
8 Apr 201914min
Beyonce signs with Adidas, Coronaâs owner pops 7% for quitting wine, and why Tesla fell 9%
Adidasâ new creative partnership with Beyonce signals a major change in athleisurewear. Corona-owner Constellation Brands just sold its cheap wine biz for $1.7B to pivot to beer. And Tesla dropped 9% on e-car sales worries (FYI, Elon Musk was busy in court over his tweets). Learn more about your ad choices. Visit podcastchoices.com/adchoices See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
5 Apr 201913min
McDonaldâs 2nd investment in a week, Uberâs and NYCâs traffic tax, and Ikeaâs new furniture rental service
McDonaldâs stock hit a record high after its 2nd investment in a week to make its food more tech. Uberâs IPO is coming up, but itâs been busy making NYCâs new congestion tax happen. And Ikea pulls a Rent-The-Runway and announces a furniture subscription service. Learn more about your ad choices. Visit podcastchoices.com/adchoices See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
4 Apr 201913min
