MarketFoolery 04.09.2014
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 9 April 2014
⏱️ 18 minutes
🧾️ Download transcript
Summary
In the wake of GM’s visit to Capitol Hill, Toyota issues a massive recall. Microsoft discontinues support of Windows XP. Intuitive Surgical drops on a revenue warning. And Google moves in on Priceline.com and Expedia’s territory with by licensing hotel booking software.
Transcript
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| 0:00.0 | It's Wednesday, April night. |
| 0:03.7 | Welcome to Mark of Fulry. |
| 0:05.0 | I'm Chris Hill joining me in studio today for monical |
| 0:06.8 | supernova Matt Argus singer and the head of fool.com, Eric Cleaker. |
| 0:10.8 | Happy Wednesday, Jess. |
| 0:11.7 | Hey, you're the head of fool.com? |
| 0:14.0 | He's running the show over there. |
| 0:18.0 | That's always evolving there. |
| 0:19.0 | Bleaker. |
| 0:21.0 | We got a lot going on. We got Microsoft, we've got intuitive surgical, we've got |
| 0:27.0 | Google, but we're going to start with the big story of the day, certainly the big |
| 0:31.0 | headline of the morning and that is Toyota, which is issued a recall of 6.4 million |
| 0:36.4 | vehicles worldwide, five defects across five different models, and Maddie, as we were talking before we started taping |
| 0:44.0 | boy timing is everything here for Toyota because this just comes right on the heels |
| 0:48.6 | of GM being on Capitol Hill last week not great, the stock down a little bit this morning, but it does |
| 0:55.9 | seem like there being more out in the open with this than at least GM reportedly was with their last one. |
| 1:03.0 | Yeah, my instant thought here was, is this Toyota just getting well ahead of the news here? |
| 1:08.3 | You know, they're just, okay, hey, we know we have some vehicles with problems. |
| 1:12.1 | Fortunately, no accidents or fatalities have been related |
| 1:14.6 | to these, but guess what? Let's just fix the problem. Let's avoid the PR disaster that GM has |
| 1:20.1 | had. And let's just get out there with it. I mean, it's still a massive recall, I think the third largest in automotive history, 6 million vehicles. |
| 1:27.0 | So it's a big deal. |
... |
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