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 Apr 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 Apr 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 Apr 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 Apr 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 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. An...
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,...
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 ...
10 Apr 201914min
