The trade war hits Defcon iPhone, Kellogg surges (because, snacks), and Canada Goose falls on un-wokeness

The Best One Yet

Nick & Jack Studios

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

4.6 • 9.8K Ratings

🗓️ 2 August 2019

⏱️ 15 minutes

🔗️ Recording | iTunes | RSS

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Summary

Kellogg enjoyed its best day in two decades even though cereal sales are struggling big. Canada Goose removed a single word from its website, causing the stock to drop Thursday. And stocks fell because of the trade war — you’re going to finally notice the tariffs that hit consumer products. 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.
0:03.0	This is Snacks daily, it is Friday, August 2nd, and this is the best one yet.
0:09.0	Wow, this is it.
0:10.0	We didn't practice at all.
0:12.0	Now, stocks dropped badly.
0:14.0	Really again.
0:15.0	Second day in a row.
0:16.0	What are you doing? It's like a trend here.
0:17.0	Big reason, one of our three stories.
0:18.0	Exactly. We're going to jump into all three.
0:20.0	How about we hit them right now?
0:21.0	We'll kick it off with Canada Goose.
0:22.0	Its jackets are incredibly expensive.
0:24.0	But they always said that the animals in the jackets were humanely done.
0:29.0	Big air quotes there.
0:30.0	Shares fell 5% yesterday because the website got changed in a big way that reflects all of it.
0:35.0	This is about ethics and awokeness.
0:37.0	And animals.
0:38.0	Second story. Kellogg's just had its best day in nearly two decades.
0:42.0	Nice.
0:43.0	We got one big word for you. That's the reason why.
0:45.0	Snacks.
	...

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