MarketFoolery: 03.26.2014
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 26 March 2014
⏱️ 20 minutes
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Summary
Facebook bets $2 billion on virtual reality goggles. Walgreen’s gets pinched on profit margins. Panera Bread gets a downgrade.
Transcript
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| 0:00.0 | It's Wednesday, March 26th. |
| 0:04.0 | Welcome to Market Fullry. |
| 0:05.0 | I'm Chris Hill joining me in studio today from Molly Fool 1, Brian White and Jason |
| 0:08.8 | Moser. Happy Wednesday, Jen. |
| 0:10.0 | Not be I'm saying, it's cold out there, isn't it? |
| 0:12.0 | It is, it's chilly, chilly. Windy, too. It's cold out there, isn't it? |
| 0:12.5 | It is, it's chilly, chilly. |
| 0:14.0 | Windy too. |
| 0:15.0 | Am I jinxing us if I say I think this is the last cold day of the year? |
| 0:18.0 | You know, I think of this winter. |
| 0:20.0 | I think we every snow, it's like, well, this has got to be the last one right it's March 26th |
| 0:25.7 | it's March 26th and this is Virginia for crying out loud |
| 0:29.0 | done jinging it I mean I fully expect another snow day. |
| 0:32.8 | All right, let's move on. |
| 0:34.6 | We'll struggle on somehow. |
| 0:36.3 | We'll talk Walgreens, we'll talk Panera Bread. |
| 0:39.1 | Let's start with the deal of the day, |
| 0:40.4 | and that is Facebook, which is buying Oculus VR a company that makes |
| 0:44.4 | virtual reality goggles a stock and cash deal worth 2 billion. Right now you can |
| 0:51.4 | just use these things for video games, but here's a quote from Mark Zuckerberg. |
| 0:57.0 | He said, imagine enjoying a court-side seat at a game, studying in a classroom of students and teachers all over the world or consulting |
| 1:04.5 | with a doctor face to face just to putting on, just by putting on goggles in your home. |
... |
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