E-Commerce Gets a Big New Player
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 12 May 2020
⏱️ 18 minutes
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Summary
Honda and Toyota shares fall as car rental numbers in the latest Consumer Price Index head lower. Eventbrite shares fall after its latest quarterly report. Jason Moser analyzes those stories and Pepsi’s entry into the e-commerce industry with the launch of Snacks.com.
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Transcript
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| 0:00.0 | It's Tuesday, May 12th. Welcome to Market Foolry. I'm Chris Hale joining me. |
| 0:07.0 | Jason Meoser. Good to see you, my friend. |
| 0:09.0 | Howdy. We've got some earnings. We have a surprising new player in the e-commerce space. We're going to start with the automotive industry though because a few data points coming out for the automakers and and I don't think any of them are good |
| 0:25.0 | Jason we've got the latest earnings results from Honda and Toyota and both |
| 0:28.5 | those stocks are down as a result and we also got the Consumer Price Index |
| 0:32.2 | for April and you go through it on a granular level and one of the biggest moves that we saw in the |
| 0:40.0 | CPI for April was car and. P. I. P. P. P. And all of these combined are making me wonder where we're |
| 0:51.5 | going as a country with the automotive industry. |
| 0:54.4 | Where do you think we're going? |
| 0:55.6 | I mean, that's a really good question. |
| 0:57.2 | I mean, there's part of me that, you know, we were talking about this before taping |
| 1:01.0 | and it does seem like as we get back to some sense of normal |
| 1:06.0 | whatever that is and whenever it does happen you know how attractive is it going |
| 1:10.5 | to be for people to take public transportation. |
| 1:14.5 | I mean in areas where public transportation is a great solution, |
| 1:18.0 | eventually it becomes such a great solution that everybody uses and it becomes less a user-friendly experience and so you have to wonder |
| 1:27.2 | the willingness of consumers to put themselves in those types of crowded environments again and how long that that trepidation may last and |
| 1:36.8 | if that does last does that play out where people decide well they want to drive |
| 1:41.5 | more or is it something where we feel like |
| 1:43.9 | hey maybe I don't need to worry about driving to work or taking public |
| 1:46.9 | transportation to work because I can just you know telecommute or whatever so I |
| 1:50.7 | mean there are a few different ways you could see it playing out. I think when you |
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