Stock Gamblers

S01 E11 10/17/23


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In this episode, hosts George Howell covers various financial and market topics:


1. Market Recap: U.S. stock futures show modest gains despite concerns about the Israel-Hamas conflict and rising Treasury yields.


2. PepsiCo's Stock: Despite an 18% slump, analysts predict a 6% growth in Pepsi's sales for Q3, with growth in Frito-Lay and Pepsi Beverages divisions.


3. Rite Aid Bankruptcy: Rite Aid files for Chapter 11 bankruptcy to address opioid epidemic-related lawsuits and secures $3.45 billion in financing.


4. News Corp and Starboard Value: Activist investor Starboard Value acquires a stake in News Corp, advocating for strategic changes.


5. Microsoft's Acquisition of Activision Blizzard: Microsoft's $69 billion acquisition is approved, with CEO Bobby Kotick's resignation announced.


6. Challenges in the Housing Market: Highest mortgage rates in 23 years lead to slow home sales due to rising costs, soaring prices, and limited inventory.


7. Goldman Sachs and Consumer Lending: Goldman Sachs plans to exit consumer lending, including the Apple credit-card business, due to declining profits.


8. Netflix's Venture into Videogames: Netflix intensifies its videogame venture, creating games based on popular films and series.


9. Consumer Stocks in Decline: Several consumer-oriented stocks hit new 52-week lows despite a strong U.S. economy.


10. Investigation Firms Leaving Hong Kong: Investigation firms are leaving Hong Kong due to dwindling business and increased scrutiny from Chinese authorities.


11. Moron of the Week: Michael Gonzalez's exploits with Tesla's online ordering system lead to legal consequences and financial losses.


12. Regulation Changes: Mentioned briefly without specific details.


13. Roll Them Dice: List of companies, including Kellogg, Philips, Occidental Petroleum, Spotify, and General Motors.


14. Expert Picks: Recommendations from Motley Fool and Barron's mentioned without specific picks.


15. Personal Likes/Personal Lives/High Dividends: McKesson highlighted as an attractive investment opportunity in the drug distribution sector.


Stay tuned to "Stock Gamblers" for the latest stock market news and degenerate gambling stories on stocks.


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