Molson Coors falls 8% on mid-beer crisis, Royal Caribbean becomes pricing power superhero, and Fitbit is our “Survivor of the Day”

The Best One Yet

Nick & Jack Studios

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

4.6 • 9.8K Ratings

🗓️ 2 May 2019

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

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Summary

With beer sales slowing, Molson Coors is desperately focused on innovation (aka non-alcohol drinks), but shares fell because of its beer battles. Fitbit used to be profitable, now it’s using partnerships to survive. And Royal Caribbean jumped 7% as it realizes it can charge a lot more for cruises.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 Jack, this is Snacks, daily it is Thursday, May 2nd and this is a PBOY.
0:06.9	This is the best one yet.
0:08.1	Great reason why.
0:09.1	Market's dipped, that's not the reason why.
0:10.7	You want to tell him why?
0:11.7	I think markets are getting greedy.
0:13.5	The Fed chairman Jerome Powell spoke, he said we're not cutting interest rates.
0:17.8	People wanted interest rates.
0:18.8	We shouldn't have expected that.
0:19.8	But the real reason markets may have jumped?
0:21.4	Jennifer's birthday?
0:22.4	Mom, happy birthday.
0:24.0	Congratulations.
0:25.0	You are a wonderful lady, former homecoming queen, Stata Florida.
0:28.0	We actually did a separate birthday recording for you, which we'll send to you several.
0:31.5	We'll send that to you on the side.
0:32.5	Now, three wonderful stories, Jack and I got a great mix in here.
0:35.2	What we got?
0:36.2	First is Mulsing Corps, the Canadian American Beer Giant.
0:38.5	It's stock fell 8% because beer is having a mid-beer crisis.
0:41.9	But we are fascinated by their innovation investments we're talking about, kombucha.
0:46.2	Second story is royal Caribbean.
	...

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