Facebook’s New Chapter
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 28 March 2017
⏱️ 19 minutes
🧾️ Download transcript
Summary
Facebook launches Stories. And Darden Restaurants serves up appetizing earnings and makes a cheesy acquisition. Analysts Jason Moser and Ron Gross discuss these stories and weigh in on Whole Foods’ slowdown.
Transcript
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| 0:00.0 | Support from market foolery comes from Rocket Mortgage by Quicken Loans. |
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| 0:22.6 | It's Tuesday March 28th. Welcome to market foolery. I'm Matt Greer, and joining me in studio, |
| 0:24.3 | we've got Ron Gross from Total Income |
| 0:26.3 | and Jason Moser from Motley Full Million Dollar Portfolio. |
| 0:29.6 | Gentlemen, welcome. |
| 0:30.6 | Hey, hey, how are you? |
| 0:31.8 | Guys, I'm good. Let's begin with news from Facebook news that looks a whole lot like Snapchat on Tuesday |
| 0:38.6 | Facebook released its stories feature in its main mobile app. Stories allows users to post photos and videos that disappear after 24 hours. |
| 0:47.0 | Does that sound familiar at all? |
| 0:49.0 | Stories was already part of other Facebook apps like Instagram, |
| 0:52.6 | WhatsApp, and Messenger. |
| 0:54.2 | Now, Jason, they say imitation |
| 0:56.0 | is the sincerest form of flattery, |
| 0:58.4 | but I'm guessing that if you're Snapchat, |
| 1:00.1 | you could do without this type of flattery. |
| 1:01.8 | I would imagine, I mean mean I think they're probably |
| 1:04.3 | thinking wow gee I mean like at some point can you not do something just original but I mean that's that's the name of this game |
| 1:10.9 | though I mean social networking in general I mean it's |
| 1:13.9 | innovative to a point but at the end of the day it's all about free flow of |
| 1:18.3 | information and figuring out ways to communicate with people and so whether |
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