Bad Day for Cash
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 7 May 2020
⏱️ 17 minutes
🧾️ Download transcript
Summary
Shares of PayPal and Square both rise more than 10% after their respective 1st-quarter reports. The delivery economy gets mixed results as Lyft rises while GrubHub stumbles. Bill Barker analyzes those stories, as well as Peloton’s new high on very strong sales in the latest quarter.
For a FREE copy of our Investing Starter Kit, go to www.fool.com/StarterKit and we’ll email it to you.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | It's Thursday, May 7th. |
| 0:04.0 | Welcome to Market Foolry. |
| 0:05.0 | I'm Chris Hill. |
| 0:06.0 | Joining me, the one and only Bill Barker. |
| 0:09.0 | Good to see you. |
| 0:10.0 | Good to be here. |
| 0:11.0 | Earning season just continues to roll along. |
| 0:14.6 | We're going to talk about the delivery economy, the working from home economy. |
| 0:19.9 | We're going to start with the war on cash and at the moment cash needs to call a |
| 0:25.7 | timeout because cash is getting its butt kicked. Square and PayPal both out with |
| 0:31.0 | first quarter reports both stocks up more than 10%. |
| 0:35.0 | And it seems like this was less about the results that Square and |
| 0:41.0 | PayPal delivered in the first quarter and more about the way everyone |
| 0:48.9 | is thinking about non-cash payment businesses. |
| 0:53.0 | Yeah, I think that's fair. |
| 0:56.0 | There are interesting reports and this is not maybe, certainly not only them but lift for instance I think or paypals report |
| 1:10.3 | sort of breaks down results into the January, February period and then the March |
| 1:17.8 | period and then the April period and then the go forward period. |
| 1:21.9 | So when they talk about rapidly evolving business situations, and many other companies are |
| 1:30.0 | in the same boat where there's a pretty happy story to tell according to the numbers for January, February, |
| 1:39.2 | and then a big change in March and then be a stabilization for these companies in April and then just we |
| 1:46.6 | don't know what's going to happen going forward. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Motley Fool, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Motley Fool and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.