Singles Day, Apple’s AR Delay
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 11 November 2019
⏱️ 25 minutes
🧾️ Download transcript
Summary
Alibaba’s in the spotlight as Singles Day hits a record $38 billion in sales. Jason Moser analyzes the pros and cons of investing in China’s biggest ecommerce company. Apple’s new credit card gets attention from regulators while the company’s augmented reality headset gets a pushed-back launch date. Plus, how should you prepare for the next market downturn?
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Transcript
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| 0:00.0 | Today's market foolering, brought to you by NetSuite, the business management software that handles every aspect of your business in an easy to use cloud platform. |
| 0:07.5 | Download their free guide seven key strategies to grow your profits today at Net suite.com slash fool. |
| 0:15.7 | It's Monday, November 11th. |
| 0:17.4 | Welcome to Market Foolery. |
| 0:18.3 | I'm Chris Hill joining me in studio today. |
| 0:20.6 | Jason Moser, happy Veterans Day indeed. Thank you to all the veterans out there for |
| 0:26.1 | everything they've done and continue to do. We are going to dip it in the full mailbag. |
| 0:30.4 | We have a pair of Apple stories. I know which one I find more interesting. |
| 0:36.1 | But you could, you know, you'll let the, you decide and the listeners can decide which one they |
| 0:41.1 | find more interesting. We're going to start though with as I |
| 0:44.2 | mentioned here in the US it's Veterans Day in China. November 11th is Singles Day |
| 0:49.2 | and for those unfamiliar Singles Day is the single biggest |
| 0:53.3 | shopping day, online shopping day in the world. |
| 0:56.6 | Puts Black Friday and Cyber Monday to shame. |
| 1:01.5 | 38 billion dollars in sales. |
| 1:03.7 | That was the latest total I saw for Ali Baba. |
| 1:07.2 | That's a lot. It really... |
| 1:12.2 | By the way, as much as anything, and I don't own shares of Ali Baba, but on Motley |
| 1:16.3 | Full Money last Friday, Emily Flippin mentioned Ali Baba and Singles Day coming up. |
| 1:22.2 | As much as anything, it is this number |
| 1:25.3 | that gets me thinking about, |
| 1:28.0 | do I need to own shares with Alibaba? |
... |
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