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Industry Focus

Tech: Square’s Bitcoin Bump

Industry Focus

The Motley Fool

Interview, Money, Consumergoods, Business, Businessnews, Ceo, Technology, Investing, Stocks, Energy, Fool, Financial, Economy, Healthcare, News, Banking, Motley, Tech, Business News, Investments

4.6854 Ratings

🗓️ 7 May 2021

⏱️ 38 minutes

🧾️ Download transcript

Summary

We have fresh earnings results from MercadoLibre, Square, and Etsy. We break down how Bitcoin was a huge driver for Square this quarter, why digital payments is becoming an unavoidable part of the thesis for MercadoLibre, and why Etsy sunk on seemingly strong results.

Stocks: MELI, SQ, ETSY

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Transcript

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0:00.0

Welcome to Industry Focus. The Podcast that dives into a different sector of the stock market each day.

0:11.0

I'm your host Emily Flippin. I'm Jason Moser. I'm Nick Seyple. I'm Dylan Lewis. And today

0:16.0

we're talking financials. Today we're talking consumer goods. Wild Card Wednesday.

0:20.4

And we're talking energy. And today we're talking tech.

0:23.0

Let's dive in.

0:24.0

It's Friday, May 7th, and we're talking three fool favorites that just reported earnings.

0:31.0

I'm your host Dylan Lewis and I'm joined by

0:33.2

fool.com's premium prospector for picturing potential purchasing power. Brian

0:37.8

for oldie, Brian how you doing? Dylan, earnings week continues and we have tons of companies to pick through yet again we

0:45.3

had to pare down the list because there are just so many to talk about.

0:48.8

It's an embarrassment of riches and you know I have to say as someone who I don't have the portfolio that you have in terms of scope you

0:56.0

I think you own maybe twice as many companies as I do I have a hard time keeping track of just the business

1:00.7

as I own when it comes to earning season and I lean very heavily on our

1:04.7

colleagues because they do a lot of great rundowns for us. We're hoping we can bring that to a lot of

1:10.4

fools who own a couple of different businesses we're going to be talking about today,

1:13.7

maybe make their lives a little bit easier keeping up with all of the earnings that are

1:17.0

flurrying around right now.

1:18.4

The secret to holding lots of stocks is to never invest alone.

1:21.8

The best thing about the Motley Fool is the community aspect and like you I rely heavily on other people to help me cover all these earnings. So yes, that's my secret to being able to hold lots of stocks.

1:32.0

Yeah, I like to think of it as that classic.

1:34.4

You see it on online media.

1:35.6

It's like, we did this so you don't have to, right?

...

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