Sprint/T-Mobile dating drama, chip shares plummet, and Mary Meeker invests in our “Unicorn of the Day”

The Best One Yet

Nick & Jack Studios

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

4.6 • 9.8K Ratings

🗓️ 21 May 2019

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

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Summary

Telecom icons T-Mobile and Sprint were supposed to enjoy a $26B merger relationship, but now it may be off — And that halted trading in Sprint stock. Chip-makers like Nvidia and Advanced Micro Devices have fallen 20% the last few months because of one big indirect threat. And Canva is our “Unicorn of the Day” because it was touched by VC legend Mary Meeker.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, this is Snacks, daily is Tuesday.
0:05.0	May 21st, and I like this one the most.
0:07.4	This is the best one yet by the five.
0:09.4	Jack's not even looking, he just did like some fist pump at the wall situation.
0:13.4	This one's really good, we like this one more than the last.
0:15.1	Can I tell you the three stories we're breaking down?
0:16.6	Can you please whip this up?
0:17.6	We gotta talk about computer chips.
0:20.0	We've never done it before, but it's the crazy fast growing tech inside your smartphones.
0:25.0	And they saw a stock drop industry wide yesterday.
0:27.9	Jack, if I were a stock and my second biggest customer in the world deserted me, I would drop to him.
0:33.3	Second story is sprint.
0:35.1	Its stock was halted yesterday, it was gone.
0:37.5	Crazy day.
0:38.0	Boom, pause, can't go on.
0:39.3	First word leaked that the mega merger with T-Mobile was on, people freaked out.
0:43.0	Then it leaked that maybe it was off.
0:44.6	People freaked out again.
0:46.8	Third and final story is Canva.
0:48.6	This is the PowerPoint for people who hate PowerPoint.
0:51.7	And what is it, Jack?
0:52.5	And it's our unicorn of the dead.
	...

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