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Slate Money

Quick Bites

Slate Money

Slate Podcasts

Investing, Business

4.11.1K Ratings

🗓️ 11 July 2020

⏱️ 37 minutes

🧾️ Download transcript

Summary

This week, Emily Peck, Felix Salmon, and Anna Szymanski discuss the Robinhood app that’s gamifying the stock market, Quibi’s big failure, and the rising number of food insecure children in the US.  In the Slate Plus segment: PPP shaming.  Slate Money Live 7/15 at 7pm: https://slate.com/live/wednesday-night-live-with-slate-money.html Email: slatemoney@slate.com Podcast production by Jessamine Molli. Twitter: @felixsalmon, @Three_Guineas, @EmilyRPeck Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hello! Hello, welcome to the Quick Bites.

0:14.8

Edition of Slate Money, a guide to the Business and Finance News of the Week.

0:20.8

This is your Quick Bight of information from me, Felix Salmon of Axios, from Emily Peck of

0:27.7

Huffpost.

0:28.7

Hello.

0:29.7

From Anna Schmanski of Breaking Views. Hello?

0:33.4

We are going to be talking about Robin Hood day trading stock market frothiness and just how bad it is or isn't.

0:41.5

We are going to be talking about Quibi, the streaming service that you almost certainly are not paying for.

0:49.0

We are going to be talking about children's nutrition and what has happened to that over the course of

0:56.0

this pandemic and in the slate plus we are going to be talking about PPP shaming and

1:01.0

whether we should be upset about people who received money from the PPP who maybe didn't deserve it or who you might think didn't deserve it.

1:12.0

That's this week and next week we are going to be running a live show.

1:17.0

If you want to be part of the taping of the live show,

1:20.0

tune in to Slate Money Live on Wednesday evening at 7 PM Eastern.

1:26.8

The link for that is in the show notes.

1:29.2

All of that coming up on slate money.

1:33.2

We're going to start with Robin Hood, which is the place where you go to trade stocks

1:40.0

when you think they're going up basically it seems to have become that anyway

1:44.5

there's a lot of stocks going up right now Tesla being the one you've almost

1:49.1

certainly heard of it's now trading it I believe the technical term is eight

1:52.2

gazillion dollars a share.

1:54.0

Something like that. It is bigger than every other car company in the world combined.

...

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