Pinterest’s 19% surge, delivery app wars hit a tipping point, and oil’s big day

The Best One Yet

Nick & Jack Studios

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

4.6 • 9.8K Ratings

🗓️ 5 August 2019

⏱️ 15 minutes

🔗️ Recording | iTunes | RSS

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Summary

Pinterest is defining itself as the most positive, happy, feel-good social media app — and usage is jumping. Delivery apps had their biggest week yet, so we jumped into it Snacks style. And oil icons Exxon Mobil and Chevron reported earnings, which reveal a “glut” issue in the whole industry.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, and this is Snacks.
0:04.0	Daily welcome back, it is Monday, August 5th.
0:07.2	Welcome back, this is a T-boy, it's the best one yet.
0:09.9	This one's the best one yet, markets having kind of the worst one in a few months.
0:12.8	Yes, the S&P 500 fell by 3% last week, the worst since December.
0:17.6	Jack and I decided to jump in Snacks, I found some fantastic stories that we feel about.
0:22.0	First up, Delivery Apps.
0:23.5	There's a new report that shows 50% of our restaurant food orders are going to be delivery
0:27.8	or takeout by next year.
0:29.1	We're breaking down the phenomenon into fries and styrofoam cups.
0:32.0	Second story is all oil and it's all the city of Houston, Texas.
0:35.9	Place to be on Friday.
0:37.5	Chevron and Exxon mobile announced earnings.
0:39.6	This was actually all about the natural gas glut.
0:42.8	We're getting into gluts, we've never said that before, but we're getting into a good thing.
0:46.1	Third and final story is Pinterest.
0:47.8	The stock surge by 20%.
0:49.6	Can I just say Instagram thinking about killing the like Nick to reduce her social media post posting
0:56.0	and anxiety?
0:57.0	Makes sense.
0:58.0	Pinterest already did and that's everything.
1:01.0	We jumped into it.
	...

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