Abercrombie’s worst day in 20 years, iRobot’s new launch, and SoFi’s stadium move

The Best One Yet

Nick & Jack Studios

Business News, Tech, News, Finance, Business, Pop Culture

4.6 • 9.8K Ratings

🗓️ 30 May 2019

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

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Summary

iRobot just unveiled two high-tech robot floor cleaners, but its expansion to non-cleaning things is TBD. Abercrombie & Fitch just axed 3 high-profile flagship stores -- But its stock’s worst day in 2 decades gave us a key insight on retail. And SoFi is raising $500M to expand beyond student loans (and maybe even name a stadium after itself).Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Transcript

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0:00.0	This is Nick, this is Jen, this is Snacks daily, it is Thursday, May 30th, we got the best
0:07.1	one yet.
0:08.1	We're feeling really good about this one.
0:09.4	Markets?
0:10.4	Dipped?
0:11.4	Again.
0:12.4	Again, same reason.
0:13.4	Three wonderful stories we got here, it's actually kind of a random mix, this is like
0:15.8	the Uber Pool crew.
0:17.4	Yes.
0:18.4	You don't know them all, but three random stories were there.
0:20.6	Somehow they're all together in this little little backseat.
0:22.6	Here's what we all ended up and who is in the driver's seat.
0:25.2	Our story is Abercrombie and Fitch, it suffered its worst day in 20 years.
0:30.8	The last time the stock dropped this much, I was actually wearing Abercrombie and Fitch.
0:34.4	Wow.
0:35.4	Second story is Irobo, incredibly uninteresting name.
0:38.6	Very true.
0:39.6	Very interesting company, it just unveiled two new robots.
0:42.3	What's the event you're going to bought in Rome?
0:43.8	Just Nickname?
0:44.8	No idea.
	...

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