âYour score dropped, Nicolas đ. New credit score, Nicolas đâ Intuit buys Credit Karma. Tubi (almost) acquired. Dow drops 1,032 points.
The Dow plummets 1,032 points because coronavirus expanded beyond China (to South Korea and Italy). Fox wants to splurge $500M on streaming service Tubi, even though itâs got terrible content (itâs all part of Tubiâs plan). And Intuit just announced itâs officially dropping $7B to buy Credit Karma so it can data-double-dip you.Learn more about your ad choices. Visit podcastchoices.com/adchoices Hosted on Acast. See acast.com/privacy for more information.
25 Feb 202016min
âWe have to talk about âcult stocksââ â Plug Powerâs stock jump. Lyftâs ad-cquisition. Equinoxâs coworking/bikes.
Equinox snagged a fresh round of funding to push the luxe gym chain into coworking and at-home spinning bikes. Plug Power shares have popped because itâs become a âcult stockâ. And Lyftâs latest acquisition is in response to #profitpressure, so itâs sticking ads on top of its cars.Learn more about your ad choices. Visit podcastchoices.com/adchoices Hosted on Acast. See acast.com/privacy for more information.
24 Feb 202018min
âWe didnât sell salads to sell saladsâ â Dominoâs pizza domination. Victoriaâs Secret ghosts. Morgan Stanleyâs E*Trade trade.
Dominoâs shares popped 26% because itâs got a uniquely DIY approach to delivery apps. Victoriaâs Secret split from its L Brands parent, but turns out itâs worth just $1.1B. And Morgan Stanley buys up E*Trade in a deal thatâs really all about saving time in the race to Main Street for the big banks.Learn more about your ad choices. Visit podcastchoices.com/adchoices Hosted on Acast. See acast.com/privacy for more information.
21 Feb 202016min
âGarmin finds you when iPhone canâtâ â Alphabet kills an âOther Bet.â Toast hits $4.9B. Garminâs GPS pop.
Weâve got a new era over at Google on word that its parent, Alphabet, has put its wind energy bet to sleep. Our âUnicorn of the Dayâ is Toast, which hit a $4.9B valuation as it tries to do everything at restaurants, but weâre focused on its SaaB (âsoftware as a bankâ â just made it up). And Garmin stock jumps 7% because itâs going places where your iPhone and Apple Watch canât.Learn more about your ad choices. Visit podcastchoices.com/adchoices Hosted on Acast. See acast.com/privacy for more information.
20 Feb 202018min
âWe found an Innovation Vampireâ â Walmartâs Jet black shutdown. Molson Coors spiked seltzer. Uber/Lyftâs ârideshareâ lie.
Walmartâs earnings report wasnât anything special, but we think itâs latest moves to buy up startups, suck out their innovation, and then spit out the remains is. A report on the impact of Uber and Lyft reveals that the rideshare apps really arenât about ridesharing at all. And Molson Coors isnât a beer company anymore as it whips up its first spiked seltzer (did we mention itâs testing a spiked coffee?).Learn more about your ad choices. Visit podcastchoices.com/adchoices Hosted on Acast. See acast.com/privacy for more information.
19 Feb 202016min
âItâs like Ben & Jerryâs going dairy-freeâ â Deltaâs carbon neutrality. Headspaceâs $93M fundraise. Canopy Growthâs rebound.
The 3 major marijuana producers have had a tough year, but Canopy Growthâs latest earnings powered pot stocks up thanks to price per kilo. Delta announced plans to go fully carbon neutral by 2030 â how can one of the most polluting industries can pull that off? And Headspace snags $93M in fresh funding to one-up its rival in the wellness app showdown.Learn more about your ad choices. Visit podcastchoices.com/adchoices Hosted on Acast. See acast.com/privacy for more information.
18 Feb 202017min
âCloud computing is the new oilâ â Kraft-Heinz 70% stock drop. Teslaâs âbuy low, sell highâ. Microsoft vs. Amazon.
Fresh after Tesla shares hit their all-time high, the company has a surprise: Itâs selling 2.6M fresh shares to raise $2B in fresh cash. Kraft Heinz shares fell 8% after the 150-year-old pantry icon showed it has no turnaround plan -- it just wants more processed foods. And the epic $10B JEDI deal between Microsoft and the Pentagon is frozen (and the real winner could be Amazon). Cloud computing is the new oil.Learn more about your ad choices. Visit podcastchoices.com/adchoices Hosted on Acast. See acast.com/privacy for more information.
14 Feb 202015min
âFacebook fact-checkers vs. 4.75B posts per dayâ â DoorDashâs not First-Mover Advantage. SoundCloudâs desperate $75M. Facebookâs hires Reuters.
Facebook has added a new addition to its army of information regulators for the election year, but weâre looking at their odds (spoiler: not great odds). SoundCloud snags a fresh $75M in funding from SiriusXM, but the music platform still hasnât found itself. And DoorDashâs CEO sat down for an interview with Fortune that revealed how First Mover advantage isnât an advantage.Learn more about your ad choices. Visit podcastchoices.com/adchoices Hosted on Acast. See acast.com/privacy for more information.
13 Feb 202018min
