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The Best One Yet

💩 “Why stocks dropped big” — The Dow’s 700-point plummet. Tractor Supply’s chicken surge. Hero’s conversational commerce.

The Best One Yet

Nick & Jack Studios

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

4.6 • 9.8K Ratings

🗓️ 20 July 2021

⏱️ 18 minutes

🧾️ Download transcript

Summary

The Dow suffered its biggest drop of the year because the stock market narrative can change freakishly fast. Tractor Supply Company loves farmers, ranchers and chiclets (literally, lots of chickens) — small niche, big profits. And Hero is Klarna’s latest acquisition to turn in-store sales associates into online influencers.$TSCOGot a SnackFact? Tweet it @RobinhoodSnacks @JackKramer @NickOfNewYorkWant a shoutout on the pod? Fill out this form:https://forms.gle/KhUAo31xmkSdeynD9Got a SnackFact for the pod? We got a form for that too:https://docs.google.com/forms/d/e/1FAIpQLSe64VKtvMNDPGSncHDRF07W34cPMDO3N8Y4DpmNP_kweC58tw/viewformLearn more about your ad choices. Visit podcastchoices.com/adchoices

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Transcript

Click on a timestamp to play from that location

0:00.0

This is Nick. This is Jack. And this is Snacks daily. It is Tuesday.

0:05.4

T-boy Tuesday July 20. Snackers, this is the best one. It's a T-b-o-y. Jack, what's our

0:10.5

first story today? The stock market just had their worst day all year. And it took five

0:14.9

days, you know, to change the entire stock narrative. For our second story, Clarna just

0:20.2

spent $160 million to buy a fashion service called Hero. Hero, they're doing conversational

0:26.7

commerce, basically FaceTime was someone who's actually at the store. For our third and

0:31.2

final story, tractor supply company, it's like home-be-power-low, it is. For where the

0:36.2

deer and the antelope play. It just had a record quarter thanks to farmers, thanks to ranchers,

0:41.2

and thanks to chicklets. Chicklets, all bunch of them. Very, very cute what you did there.

0:46.8

But before we hit those three stories, it's a really wonderful mix for a Tuesday, Jack. I love

0:50.2

those. Last week, we congratulated Richard Branson for safely returning to Earth after

0:55.2

dancing and zero gravity. Yeah, well, Jeff Bezos today is getting his space passport stamp

1:00.6

too. That means Jeff Bezos gets silver medal in the billionaire space race. Hey, Aluxa,

1:06.0

turn on the flux capacitor. But Snackers, Jeff Bezos, he's not satisfied with that silver

1:11.2

medal. So he's going eight miles higher than Richard Branson space flight was. Yeah, classic

1:17.6

billionaire ship measurement contest. Our big question, though, that's kind of the most

1:21.4

important thing. This is huge. Jeff Bezos leaves planet Earth. I think that means we have

1:26.0

a new richest person on Earth. Technically, his Forbes going to like issue a special edition

1:30.8

richest magazine issue. Are we getting this today? Today only this edition will self-destruct

1:35.6

in five hours. Jeff was like, I was richest on Earth. Now I'm going to be richest on

1:39.3

moon. So yes, Snackers, it will be a great five hours for the really, really rich guy

1:45.0

who holds Jeff's title until he returns back to Earth. He happens to be a French guy.

...

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