Summary: Digestible financial news. Get smarter fast with an entertaining breakdown of our top 3 business stories in 15 minutes. Pairs perfectly with your commute, workout, or morning oatmeal ritual. Hosted by Jack Kramer and Nick Martell.
Twinkie is an iconic gluttonous legend, but it’s at the mercy of one huge American retailer. Michael Kors has looked a little sloppy lately, but its fast growing shoe company has inspired it to get in shape and stop looking desperate. And headlines make you think China’s winning in everything, but its stock market has been destroyed by the trade war.
Twelve tweets from Elon Musk caused Tesla stock to literally stop trading -- so we interpret them for you. Match.com scared parents nationwide and thrilled investors with its new focus on college kids unveiling “Tinder U.” And Jeffrey Katzenberg & Meg Whitman’s NewTV just raised $1 billion… in its seed round of funding (that’s insane -- we explain why).
A unique beer situation down at SeaWorld is causing its waterpark attendance to surge. Pepsi’s losing its legendary CEO, Indra Nooyi, so we got some fascinating details on her life story, and how she transitioned into snacks that won’t kill you. And General Motors flexes its muscles to bully a local hospital into lower costs -- politics used to handle healthcare, but now companies do.
MoviePass’ stock’s plummeted 92% in a week (shares are literally worth pennies). Plus, customers are quitting and it’s running out of cash. Fast. But movie theater companies still think it’s enemy #1. We’ll tell you how this “Netflix for movie theaters” subscription startup has changed the industry like Napster changed music -- and why it may not survive by the time you finish this episode.
Disney gave TBS and TNT the rights to Star Wars for 8 year -- a huge mistake it’s trying to undo. GoPro has stopped trying to do everything and started focusing on one, niche, hardcore user. Blue Apron’s just not satiating investors anymore (neither are any meal kit companies) even though their food’s pretty decent.
An insane leak about Google going after the “Google of China” (Baidu) that may compromise its core values. Ferrari’s new CEO had a really bad first day because of a really bad word choice. And Square’s stock is up 90% this year because it’s focused on its best friend.
Nintendo (G-rated games) & Sony (R-rated games) face off with video game earnings. A major (and bad) turning point just happened for autonomous vehicles and ride hailing. And Apple smacked down critics and showed what a tech company’s supposed to do with its best 2nd quarter in ever.
Fossil and BMW are teaming up for a smartwatch that’s crucial to Fossil’s 230% stock surge this year. WeWork’s got a separate biz that makes old school businesses Millennial-friendly. And CBS’s stock is plummeting as CEO Les Moonves gets investigated -- and we break down the terrible message they’re sending
Marijuana stocks are IPO’ing hard and fast. We did some MarketSnacks digging into the pot industry to break down the 3 companies leading its growth -- Production (Tilray), Retail (MedMen), and an everything-related-to-pot company (Aurora). We also break down the (il)legal situation and the some risks of Cannabis stocks.
Budweiser’s got a secretive venture capital team and an actual business unit called “High End Company” that is growing its entire craft beer biz. Chipotle delivered a delicious quarter of improving sales thanks to lower avocado prices, higher queso devouring, and a legendary new CEO. And 23andMe is doing some freaky stuff with your genetic data after a new partnership with a pharmaceutical giant, and we get to the bottom of it.
Facebook’s latest earnings report will go down in history as one of the craziest in history -- shares plummeted 25% during an insane conference call. Japan just OK’d casinos, so Las Vegas Sands is opening up shop since its Vegas locations just don’t bring in the money lately. And ClassPass bench-pressed $85 million in Series D funding for its expansion abroad (but we’ve got 1 problem with the company)
Yelp just revealed a crazy new way to figure out how many mice are also eating at your go-to Friday night restaurant. Harley-Davidson’s earnings report showed that it won’t be (totally) muscled around by tariffs, and Choosy is the Instagram-focused women’s clothing startup that’s making “fast fashion” less evil.
The new summer drink all over your ‘Gram is Aperol Spritz -- and its strategic marketing push is powering Campari shares on Milan’s stock market. Google’s earnings were unfazed by that $5 billion fine, but their CFO Ruth Porat is the real hero. And the WSJ uncovered an awkward memo from Tesla to its suppliers basically asking for money to help it survive.
The fact is small companies are going public 80% less today than 30 years ago and it’s 50% less for larger scaleups -- and 52 tech companies are 10+ years old, worth $1 billion or more, and still private. So we went in MarketSnacks style to break down how that hurts 3 key groups -- employees, early investors, and everyone else like regular investors who want to own some stock.
Nike’s making it possible to text for your shoes and pick them up -- without leaving your car. Domino’s sales continue to dominate, but we’re focused on its new physics-defying plans to get you pizza anywhere, anyhow. And Uber’s got a problem with its CFO....It doesn’t have one. So we figured out why.