Walmart’s $10 Billion Bet
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 12 April 2018
⏱️ 16 minutes
🧾️ Download transcript
Summary
Bed Bath & Beyond has its worst day ever. Walmart is reportedly set to spend $10 billion to buy a majority stake in Flipkart, the leading e-commerce business in India. Bill Mann analyzes those stories and gets positively giddy over a company called Longfin.
Transcript
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| 0:00.0 | Support for market foolery comes from our friends at Rocket Mortgage by Quickin Loans. |
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| 0:13.3 | for you. To get started go to rocket mortgage.com slash fool. It's Thursday |
| 0:19.8 | April 12th. Welcome to Market Foolery. I'm Chris Sel joining me in studio. It's Bill Mann. |
| 0:25.0 | I am very happy to be here. I'm very happy you're here my friend. We're not |
| 0:29.3 | going to talk about Facebook because there's been a lot of Facebook talk on this |
| 0:32.2 | show this week. |
| 0:33.0 | What's going on with Facebook? |
| 0:34.0 | I haven't heard. |
| 0:35.0 | Again, we do have on Motley Full Money this week, |
| 0:39.0 | and we have David Kirkpatrick as our guest. |
| 0:41.0 | He is the best-selling author of the book, The effect so he's had a good week he's had a busy week so happy that he's making a little time for us |
| 0:48.6 | we're gonna talk retail and we're also gonna talk about one of the more bizarre slash awesome stories |
| 0:55.7 | in the world of finance I know I love the story I know you're excited we'll get |
| 1:00.6 | to that let's start with let's start with Bed Bath and Beyond, which is having a 20% off sale on its stock. |
| 1:08.8 | On this, yeah. |
| 1:09.8 | Yeah. Fourth quarter report came out. Bed Bath andounds, same store sales were not good. |
| 1:15.1 | Their guidance for the fiscal year that they are just beginning was anything but encouraging. |
| 1:21.2 | And in terms of the stock, this is the worst single day shareholders have ever |
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