Happy Prime Day!
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 15 July 2019
⏱️ 23 minutes
🧾️ Download transcript
Summary
Citigroup’s 2nd-quarter results come in higher than expected. The Federal Trade Commission has reportedly approved a $5 billion fine for Facebook. Jason Moser analyzes those stories, and we discuss the business ripple effects of Amazon’s Prime Day.
Thanks to Molekule for supporting our show. Get $75 off your 1st order at http://www.molekule.com and use the promo code “fool75”.
Transcript
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| 0:00.0 | This episode of Market Foolery is brought to you by Molecule. |
| 0:02.8 | Molecule is reimagining the future of clean air, starting with the air purifier. |
| 0:07.0 | For $75 off your first order, visit Molecule.com, that's M-O-L-E-K-U-L-E dot com and use the promo code fool 7-5. |
| 0:17.0 | It's Monday July 15th. |
| 0:21.0 | Welcome to a market foolery. |
| 0:22.0 | I'm Chris Hale joining me in studio, |
| 0:24.0 | Jason Moser. Happy Prime Day. Happy Prime Day, the first of two, right? |
| 0:29.0 | Because Prime Day is not just one day anymore. It's maybe it's now Prime Event. |
| 0:34.4 | We're just a prime week. |
| 0:35.6 | We're a couple of years away from Prime week. |
| 0:37.4 | We're gonna get to Prime Day in a second. |
| 0:39.4 | We're gonna talk about Facebook's news. Let's start with some earnings though. |
| 0:45.0 | Citigroup, second quarter profits and revenue came in higher than expected. |
| 0:50.0 | For those who don't know, Jason also hosts the Monday episode of our industry focus |
| 0:56.8 | podcast, which focuses on financials. You're not going to be hearing about bank earnings |
| 1:02.1 | on industry focus today? |
| 1:03.4 | No, no, no, you're not. |
| 1:05.6 | It's a little bit of a different show today. |
| 1:09.4 | We had an opportunity. |
| 1:10.7 | I had an opportunity as, you know know I'm running the augmented reality service here, |
| 1:15.0 | I had an opportunity to interview the CEO and co-founder of a company called Upskill. |
| 1:19.2 | His name is Brian Ballard and Upskill is in the business of building software for augmented reality devices in the enterprise. |
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