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The Best One Yet

“Amazon’s 2nd puberty” — Bezos quits. Uber’s $1.1B Drizly drank. Why GameStop stock halted.

The Best One Yet

Nick & Jack Studios

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

4.69.8K Ratings

🗓️ 3 February 2021

⏱️ 18 minutes

🧾️ Download transcript

Summary

Jeff Bezos is stepping down as Amazon CEO because of 1 word: “yawn.” Uber splurges $1.1B for Drizly’s booze delivery because there’s an alcohol arbitrage opportunity. And GamesStop’s stock re-pop dropped, so we’re looking at why trading gets halted on stock markets.$UBER $AMZNGot a SnackFact? Tweet it @RobinhoodSnacks @JackKramer @NickOfNewYorkWant a shoutout on the pod? Fill out this form:https://forms.gle/KhUAo31xmkSdeynD9Robinhood’s statement on yesterday’s news: https://blog.robinhood.com/news/2021/2/1/a-letter-to-our-robinhood-communityLearn more about your ad choices. Visit podcastchoices.com/adchoices

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Transcript

Click on a timestamp to play from that location

0:00.0

This is Nick, this is Jack, and this is Snacks Daily, it is Wednesday, February 3rd.

0:06.5

Best podcast since yesterday?

0:08.0

Yesterday, TBY Jack, the best one yet, what do we got first story?

0:11.2

Bezos is out.

0:12.7

The CEO of Amazon is stepping down.

0:14.7

Jack, best part about this, he said it all came down to one thing.

0:17.7

One word, yawning, all came down to yawning.

0:21.0

And that's actually their takeaway.

0:22.2

For our second story, GameStop, AMC, and all the other meme stocks crash yesterday.

0:27.8

So we're looking at the rare elusive trading halt that just became a part of this whole story.

0:32.5

For the third and final story, Uber is acquiring Boston-based booze delivery company, Drizzly,

0:38.5

for $1.1 billion.

0:40.0

We're getting Uber drinks and funny, they kind of waited until the end of dry January on

0:44.5

this thing, you know what I'm saying?

0:45.6

Last year, I had Vigannuary and Alcon was actually crucial for me.

0:49.4

I remember, because I saw you chasing after a squirrel on February 1st.

0:54.7

It was brutal.

0:55.7

But Snackers, before we jump into that,

0:57.8

wonderful mix of stories.

1:00.3

We know a lot of people yesterday experience some financial pain.

1:04.6

When it comes to GameStop's stock drop, yesterday, the bubble burst and we bet some snackers

1:10.4

lost some money from that.

...

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