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The Best One Yet

Zoom surges 72% on IPO, T-Mobile jumps into banking, and tobacco/vaping stocks drop on “T21”

The Best One Yet

Nick & Jack Studios

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

4.69.8K Ratings

🗓️ 22 April 2019

⏱️ 16 minutes

🧾️ Download transcript

Summary

Out of last week’s 8 IPOs, we’re focusing on Zoom — The shockingly profitable tech company with a fascinating CEO. T-Mobile gets into banking with a 4% checking account (it comes with a couple asterisks). And tobacco stocks dropped on a major proposal to up the legal age to 21 – And that’ll cover vaping, too.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.

0:02.7

This is Snacks daily.

0:04.2

It is Monday, April 22nd, and Jack, is this the best one yet?

0:07.6

This is the best one yet.

0:08.6

That's when we've ever whipped up.

0:09.6

Markets inched up last week, close to a record high.

0:12.6

Very nice.

0:13.5

You looked, did you get 10?

0:14.3

I did, I was national parking this week.

0:16.6

Very nice, that's a new verb.

0:18.0

Thank you, Teddy Roosevelt.

0:19.6

So we got three wonderful stories, first one.

0:21.6

First is IPOs, we got to cover IPOs today because last week,

0:25.1

there were eight big IPOs.

0:26.6

Count them on two hands.

0:27.4

Thursday, there were two big IPOs.

0:29.7

We broke it down even further.

0:31.1

We're covering one of them.

0:32.3

It's the most interesting.

0:33.3

Zoom video, we're going out.

0:34.8

Second, second story is T-Mobile.

0:36.5

They're pivoting from phones to banking.

...

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