Equity Monday: Startups rush to announce news before holiday slowdown
Equity
TechCrunch
4.2 • 372 Ratings
🗓️ 15 November 2021
⏱️ 11 minutes
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| 0:14.2 | Hello and welcome back to Equity, a podcast about the business of startups where we unpacked the numbers and the new ones behind the headlines. |
| 0:16.6 | This is our Monday show, Your Kickoff Primer to the Week, or Primer, if you want to be fancy. |
| 0:21.7 | Regardless, it is November 15, 2021. |
| 0:24.3 | My name is Alex and the holiday season is just around the corner. |
| 0:27.6 | Yes, if you miss that, it did creep up on all of us because, well, it's been March |
| 0:31.1 | 20 for so long now. It's hard to know where we are in any |
| 0:33.8 | particular calendar year. Still if you are tired if you are exhausted if you are |
| 0:38.1 | hoping that things will slow down as we approach the end of 2021 well you might be getting what you want, as we'll see in just a minute. |
| 0:45.4 | But before we do that, let's talk about the markets. |
| 0:47.6 | So looking over in China, retail sales were up more than expected, so of course stocks there are down in Japan GDP |
| 0:54.2 | decline was bigger than expected so of course stocks are up and in the US stocks |
| 0:58.1 | are set to rise this morning in pre-market trading at least that's the data we |
| 1:01.0 | have despite inflation and growth concerns here domestically. |
| 1:05.0 | In the world of crypto, if that's more your jam than traditional equities, well things are calm in the last 24 hours, |
| 1:10.0 | and if you look back a full seven days, a great many major coins were effectively flat over the last week. |
| 1:15.8 | So what I'm trying to tell you is this morning stocks are actually more interesting than crypto. |
| 1:20.6 | Ah, 2021, a never-ending font of surprise. |
| 1:23.6 | All right, on to our big technology news section this morning. |
| 1:30.3 | We are going to kick off with Tesla. |
| 1:32.1 | Tesla's still worth more than one trillion |
| 1:34.3 | dollars and I bring that up because its shares have fallen since Elon Musk |
| 1:37.9 | it's, I don't know, CEO and Bon Vivant Twitter troll, executed a number of of high profile sales of his stock. |
... |
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