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Motley Fool Hidden Gems Investing

Apple, Alibaba, and The Wizard of Lies

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.33.1K Ratings

🗓️ 9 June 2017

⏱️ 40 minutes

🧾️ Download transcript

Summary

Apple unveils a new sound. Alibaba hits a new high. And Nordstrom considers going private. Plus, investigative journalist Diana Henriques talks about her best-selling book turned HBO film, The Wizard of Lies. Thanks to Casper for supporting The Motley Fool. Save $50 on a mattress at www.casper.com/fool and use the promo code "fool".   Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Thanks to Casper for sponsoring this episode of Motley Fool Money,

0:02.8

for $50 off any mattress go to Casper.com slash Fool and enter the promo code Fool.

0:13.0

Everybody needs money. That's why they call it money.

0:24.1

From Fool Global Headquarters, this is Motley Fool Money.

0:27.6

It's the Motley Fool Money Show. I'm Chris Hill,

0:29.4

and joining me in studio this week from Motley Fool Explorer Simon Erickson from Supernova,

0:33.2

David Cretzman, and from Total Income, Ron Gross. Good to see you.

0:36.8

Was always gentleman.

0:37.6

Hey, hey.

0:38.4

Despite all the headlines from Washington DC,

0:40.6

there actually was business news this week.

0:43.9

We're going to catch up with bestselling author Diana Henriquez,

0:46.4

and as always, we'll give you an inside look at the stocks on our radar.

0:49.2

But we begin with Apple's worldwide developer conference.

0:52.9

Apple used its annual event to unveil the HomePod,

0:57.1

a smart speaker for your home that will be available later this year for the cool sum of just

1:02.0

$349, David Cretzman. This does not appear to be as initially some people thought,

1:10.1

a competitor to the Amazon Echo and the Google Home Assistant.

1:15.6

Even though it does have that functionality, it really seems like they're going after the music market.

1:21.3

Yeah, up to this point, Apple frames this as being that there hasn't been a speaker that's

1:25.7

wireless and smart, and that also sounds really good. Usually you have one or two of those in a

1:30.2

speaker, but not all three. I think they're more directly competing with Bose and Sonos,

...

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