Grocery Outlet IPOs today, YouTube’s huge change, and Adobe reveals why Silicon Valley loves software

The Best One Yet

Nick & Jack Studios

Business, News, Finance, Pop Culture, Business News, Tech

4.6 • 9.8K Ratings

🗓️ 20 June 2019

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

Grocery Outlet’s “WOW!” IPO (listen to the pod — you’ll see what we mean) is the convergence of two major retail trends. YouTube may be launching a separate version for kids and even disable its profit-powering auto-play. And we noticed Adobe’s stock hit a record high and it highlights why Silicon Valley loves software.Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Transcript

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0:00.0	This is Nick, this is Chad, this is Snack, Daily History, June 20th.
0:05.9	This is the best one yet.
0:06.9	This one's actually a straight up P.B. O.Y.
0:09.0	Markets rose because of a word from the Fed.
0:11.4	We're talking Jerry Powell, Chairman of the Fed.
0:13.8	So what he said was, we're not going to cut interest rates right now.
0:16.8	The nation central bank is going to keep rates low.
0:19.2	What he hinted was that if the economy suffers, he might lower rates.
0:22.5	The nation central bank has the markets back.
0:24.5	Now we went in, while Mr. Jerry was talking about this to find three wonderful stories.
0:28.3	The first story is grocery store, this is a grocery store that's IPLing this week.
0:32.3	And it has a passion for WOW.
0:34.3	WWXCAMATION point.
0:36.3	We're looking for the two trends that it's all over.
0:38.5	Second story is Adobe.
0:39.5	It just announced its earnings.
0:41.1	Its stock is at a record high.
0:42.7	This is a software company we don't usually cover.
0:44.9	But it reveals the one thing Silicon Valley loves about software.
0:48.1	Third and final story at YouTube.
0:49.9	It might be making one of its biggest strategy changes ever.
0:52.6	And it's all because of the kids.
	...

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