Facebook tests ending the âlikeâ counter, Ulta Beautyâs 30% plummet, and Brexit + Argentina problems
A âreverse engineerâ took it upon herself to investigate Facebookâs code â and she discovered the company toying with a âhide your likesâ feature. Ulta Beauty dropped 30% last week, so we looked into ...
4 Sep 201916min
Walmart gets its M.D., WeWorkâs acquires Spacious, and Dollar Tree & Dollar Generalâs Matrix-like tariff creativity
WeWork just acquired Spacious before its IPO, and the startupâs business model fascinated us. Walmart is stealthily testing out a new health center it could take nationwide. And Dollar Tree and Dollar...
3 Sep 201915min
Amazon gets in with the Yankees, Forever 21âs bankruptcy, and higher minimum wages can save companies money
The Disney merging with Fox saga is officially over now that Disney sold YES Network⌠partially to Amazon. Forever 21 is a fast-fashion founding father, but itâs reportedly going bankrupt (thereâs ano...
30 Aug 201914min
Pelotonâs IPO, Fitbit launches a health subscription, and Amazon Ring partners with police
Pelotonâs IPO â we literally printed off the IPO filing documents, got on a Peloton, and discovered that Peloton wants to be a religion. Fitbitâs taking on Apple by launching its own subscription serv...
29 Aug 201916min
Costcoâs absurd China debut, Smuckerâs peanut butter problems, and the cigarette re-merger
Costco just opened up its first physical store in China and the reaction was huge (the store had to close early). Smuckerâs dropped 8% on word its peanut butter is facing price cut problems (and other...
28 Aug 201914min
Hasbroâs $4B cartoon deal, Fried Chickenâs market-moving moment, and Dishâs 5G future
First Popeyeâs and Chick-fil-a went at it over a new fried chicken sandwich, then KFC added a Beyond Meat faux-meat burger. Hasbro is dropping $4B for British cartoon Peppa Pig (and itâs also getting ...
27 Aug 201916min
White Claw murdered beer, Knewz wants to replace Apple News, and the Trade Warâs bloodiest day
Stocks plummeted at the end of last week on the biggest escalation in the US/China trade war yet (it got personal). White Claw by the Mark Anthony group is the spiked seltzer whose sales have quadrupl...
26 Aug 201915min
Dickâs Sporting Goodsâ big gun test, Wheels Up is a country club for private jets, and Germanyâs negative interest rate opposite day
Dickâs pulled a classic tool out of its belt: A/B Testing. Our âUnicorn of the Dayâ is Wheels Up, which claims itâll be the Airbnb of private jets (and Tom Brady and Serena Williams are members). And ...
23 Aug 201916min
