4.7 • 1.7K Ratings
🗓️ 29 November 2021
⏱️ 19 minutes
🧾️ Download transcript
Twitter CEO Jack Dorsey resigns as longtime CTO Parag Agrawal moves into the corner office. Amazon executive Dave Clark says the Everything Store is about to pass UPS and FedEx as the largest delivery service in the U.S. Jason Moser analyzes those stories and we preview our annual holiday tradition!
Click on a timestamp to play from that location
0:00.0 | It's Monday, November 29th. Welcome to Market Foolery. I'm Chris Hill with me today, Jason |
0:08.5 | Mazur. How was your Thanksgiving? Where am I? Sorry, I was just waking up from my turkey |
0:14.8 | induced coma. It was great. Like many of us. It was great. How was yours? The same. Yeah. |
0:25.2 | I'm going to have to get back on the whole exercising thing. No, that's not a lot of that happening. |
0:30.7 | Yeah. Well, I mean, you got to, I mean, it's, you got to give it the full. Don't you just wait till |
0:35.4 | January? I mean, really? Like, can't you just, like, December's, that's a whole holiday month, |
0:40.8 | too. So it's, I don't know. I've always found it difficult to just, you know, turn it on and off |
0:46.0 | like that. I just sort of give up around the beginning of October. And then just, then just try to, |
0:52.1 | you know, to reassess at the beginning of January. Wait for the season of resolution. |
0:58.3 | We're going to start with the present at the news fairy dropped off this morning, which is |
1:03.8 | Jack Dorsey resigning as CEO of Twitter, Parag Agrawal, who is the longtime chief technology officer |
1:13.9 | Twitter was named to move into the corner office. And initially, this was really moving the stock. |
1:24.0 | At one point early this morning, shares of Twitter were up 11% now. They're basically flat. |
1:31.8 | There are a couple of things I want to get to, but let's, let's start with, |
1:36.0 | look, we're long-term investors, but let's start with the very short-term movement of the stock, |
1:40.7 | because one way to read what happened was that everyone got very excited. And look, this has been |
1:48.4 | pushed by some activist investors who were pushing for change, not happy with what has happened |
1:57.6 | with Twitter stock over the last few years. And so initially, you could look at this and say, |
2:03.2 | great, we got the change we wanted. And then, and this is not a knock on Parag Agrawal, |
2:11.4 | but one way to read what happened to the stock or what is happening with the stock is that people |
2:18.3 | got excited for change and then change came in the form of a long-time Twitter executive who basically |
2:26.7 | said, we're going to keep doing what we're doing. Yeah, that doesn't really sound like change, |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Motley Fool, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Motley Fool and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.