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The Best One Yet

“The tech 5 and the 495 others” — Impossible Foods’ $200M differentiator. GM’s divorce. Why S&P 500 hit record highs.

The Best One Yet

Nick & Jack Studios

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

4.69.8K Ratings

🗓️ 20 August 2020

⏱️ 19 minutes

🧾️ Download transcript

Summary

Apple is now worth $2T and the S&P 500 hit a record high, despite the economy getting crushed. We’ve got the 3 reasons to explain why/how. Impossible Foods has now raised $1.5B to scale its plant-based meats, but it also just found its differentiator from Beyond Meat. And General Motors is tired of being so general, so it could strategically split into a 2 companies.$AAPL $BYND $GMWant a shoutout on the pod? We got the form for Snackers to fill out right here:https://forms.gle/KhUAo31xmkSdeynD9Learn 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.

0:02.8

And this is Snacks, daily it is Thursday August 20th.

0:06.4

Snackers, this is the best one yet in our first stories in saying T-B-O-Y Jack, what do we got first story?

0:13.3

Apple is the first company ever to hit a two trillion dollar valuation.

0:17.6

Mazel Top, nice job.

0:18.6

The S&P 500 just hit a record high yesterday.

0:21.6

Oh, that's too shabby looking good over there.

0:23.4

And Death Valley, California just hit 130 degrees Fahrenheit.

0:27.7

We're going to focus on the first two because we found three reasons why stocks are living their best lives while the rest of the economy is kind of sick.

0:34.1

For our second story, impossible foods is the top rival to be on meat and it just raised $200 million in fresh funding.

0:40.7

Unicorn of the day over here, now it's taken the opposite strategy of its publicly traded rival, its opposite day we're checking it out.

0:47.3

Third and final story.

0:48.1

For our third and final story, General Motors is tired of feeling so general.

0:53.1

It's a very vague term.

0:54.1

So it wants to be potentially split into two different companies, Jack the Honors.

0:59.1

A Boomer GM and a Gen Z GM.

1:01.7

Oh yeah, we got names for both those ones.

1:04.0

But before we jump into all that good stuff, Snackers, full disclosure, Jack and I, 1988 babies.

1:10.0

And fuller disclosure, Snackers, from 1992 to the year 2000, I was wearing 16 husky and

1:15.7

munching on Dunker Roo's every day after school.

1:18.1

Jack actually had his own personal food pyramid.

1:20.8

Now the reason we wanted to focus on this is that Dunker Roo's aren't just a classic throwback.

...

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