👍 “r/ipo” — Reddit’s IPO surge. The USA sues Apple. Hidden Valley Ranch’s breakfast strategy.
The Best One Yet
Nick & Jack Studios
4.6 • 9.8K Ratings
🗓️ 22 March 2024
⏱️ 24 minutes
🔗️ Recording | iTunes | RSS
🧾️ Download transcript
Summary
Reddit, the front page of the internet, just delivered the biggest IPO of the year, and the stock rose 48% on the first day — But Reddit’s community giveth, they can also taketh away.
Apple just became the final Big Tech company to get sued by the US government — It’s not being sued for iPhone dominance, it’s being sued for abusing that dominance.
And Ranch dressing sales just beat ketchup for the 1st time in US history — Hidden Valley Ranch’s secret ingredient? Merge Research & Development… with Marketing.
Plus, Trader Joe’s just jacked up the price of bananas by 21% — Its first banana price increase in 24 years. And we thought bananas defied inflation…
$RDDT $CLX $AAPL
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Transcript
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| 0:00.0 | This is Nick, Jack. It's Friday, the real Friday, March 22nd, and today's pod. Today's pod is the best one yet. It's a T-boy. Happy end of the week everybody. |
| 0:12.6 | Nick and I are whipping up the top three pop business news stories |
| 0:15.9 | you need to know today. |
| 0:17.0 | I'm sorry, are you not gonna say anything, Jack? |
| 0:20.1 | What am I supposed to say? |
| 0:21.3 | What kind of a friend in Kowestar? |
| 0:23.2 | It's my one sixth birthday today, |
| 0:25.9 | and you're not going to say anything. |
| 0:27.4 | What do you want a participation trophy for the last two months? |
| 0:30.1 | I would like one sixth of a participation trophy. |
| 0:33.0 | I got five sixth in the way there. |
| 0:35.0 | I'm not going to forget your one sixth birthday. |
| 0:37.0 | Jack, you're still looking fantastic. |
| 0:39.0 | I forgive you. |
| 0:40.0 | What's our three stories for today's pod? |
| 0:42.0 | For our first story story it's Reddit. The front page of the internet just went public in the biggest IPO of the year. |
| 0:48.8 | Reddit, it's stock went to the moon yesterday, soaring as much as 70% and Jack and I we got the story. |
| 0:56.0 | For our second story it's Ranch dressing. For the first time in American history |
| 1:00.0 | Ranch dressing is out selling catch-up and it's all thanks to Hidden Valley Ranch's secret corporate ingredient |
| 1:07.0 | And our third and final story is a doozy it's about Apple the Department of Justice in 16 states just sued Apple for abusing their iPhone monopoly. |
| 1:15.0 | Doth Apple have an ecosystem or doth Apple have a monopoly. That is thy question. |
| 1:22.0 | Happy one sixth birthday. |
... |
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