Snacks Daily

Xiaomi -- hard to pronounce, but critical to know -- is the “Apple of China,” and its Initial Public Offering went really, really badly. Back in the US, a developer noticed a coding feature in Snapchat that’s a sign of a big new move that could involve Amazon. And we break down a key investing insight on big stocks vs. small stocks in the Trade War era.

Yes, you can buy stock in an Italian soccer club (Cristiano Ronaldo messed with Juventus FC’s share price last week). Nike and Adidas are battling for the jersey championship (we think we know the winner). And tournament sponsor Budweiser gets a yellow card for flagrantly spending money on marketing everywhere to everyone.

National Beverage Corp has cornered the market of sparkling water while it’s CEO has tested the limits of free speech. The United States imposes tariffs officially today against China while it potentially eliminates tariffs with Europe for cars. And Netflix needs to figure out how much to charge for its ultra premium subscription level, and it’s using Europe as a test place to figure it out.

Fiat has no idea how to sell its tiny cars to Americans… but it’s legally obligated to keep trying. Amazon claims its big “Prime Day” is July 16th (it’s actually already started -- we give you what you gotta know). And Nestlé is miserably trying to fight off an activist investor who’s publicly shaming management to break up the Kit Kat maker.

With Lyft’s app, bike-share programs can finally scale. We’re excited by Chipotle’s new menu, but they’re kind of just a tease. And America should prepare for more Corona as Constellation Brands expands its beer, booze, and bud.

For 4th of July week, we’re focused on the beef industry that dominates in the US economy. Our take is that poultry and science-y plant-based meats will eat away at its market share. Big time.

General Mills salvages its Greek yogurt game with a "hero" recipe. Amazon's “Alexify-ing” prescription drugs -- And it’s outsourcing some delivery to get entrepreneurs starting their own shipping businesses. 

The first ever MarketSnacks Debate: For and Against the merger of T-Mobile and Sprint. Blume is a new company offering subscription boxes and information to help parents help teens with puberty. And Facebook’s decided its all-out ban on ads for cryptocurrencies was overkill.

General Electric is shrinking from XL to a M (at best) now that’s it not in the Dow. Lennar Corp is benefiting from a huge housing shortage as it chugs out 12k new homes per quarter for Millennial first-time home buyers. And Chanel needed to kill rumors that it’s lost its mojo by showing off its earnings for the 1st time ever.​

Ziosk tablets are changing the restaurant dining industry for better and for worse. Carnival Cruises has 3 icebergs that caused shares to drop 10%. And Harley Davidson responded to the Trump tariffs by moving production overseas

You’re eating, wearing, and burning commodities every day. We’ll tell you what commodities are and take a deep dive into the 3 factors that drive their prices: supply, demand, and politics.

Instagram’s the “Copy Cat of the Day” with IGTV. Olive Garden’s sales growth is just an illusion, but shareholders still love it. A Supreme Court ruling is brutal news for online retailers, but solid for Brick-and-mortars and all 50 states.

Winnebago is a camping and recreation force to be reckoned with as sales of RVs, campers, and boats keep rising aggressively. AMC movie theater chain has a $20/month subscription offer to destroy MoviePass. And PayPal is going after all business payment platforms: Bricks, mortars, and online.

Canada Goose shares are soaring as the faux-rugged parka company aims to expand hard with Alibaba to Beijing. The Trade War with China could very quickly cost Americans $200 each per year. And Tesla’s tough work-life imbalance might have caused one employee to blow up.

JetBlue’s founder raised $100 million to start another JetBlue-like airline startup. SurveyMonkey’s giving Wall Street what it wants -- another “Enterprise” IPO. And we learn a huge difference between the auto and finance industries in how they deal with scandals.