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The Best One Yet

👍 “r/ipo” — Reddit’s IPO surge. The USA sues Apple. Hidden Valley Ranch’s breakfast strategy.

The Best One Yet

Nick & Jack Studios

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

4.6 • 9.8K Ratings

🗓️ 22 March 2024

⏱️ 24 minutes

🧾️ 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

Click on a timestamp to play from that location

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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