Roaring Kitty's $116M Stake Sends GameStop Soaring & Spotify is Hiking Prices... AGAIN

Roaring Kitty's $116M Stake Sends GameStop Soaring & Spotify is Hiking Prices... AGAIN

Morning Brew
00:28:41

About this episode

Episode 336: Neal and Toby chat about ‘Roaring Kitty’s ability to move the stock market with simple, often cryptic posts. Then, Spotify is raising its price for the 2nd time in a year and why it may be in a unique position to do so without any blowback. Also, a mortgage lender offers 0% down payment to homebuyers which may echo the issues that led to the 2008 financial crisis. Meanwhile, American Express is finding new excitement among youthful cardholders looking to maximize its renewed benefits programs. Next, Toby examines the trend of dad sneakers becoming a hit in the running and fashion industry. Lastly, consumers prefer using laptops to make big purchases and why that’s problematic for retailers. 

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00:00 - Berkshire Hathaway glitch
2:45 - ‘Roaring Kitty’ has lots of power
7:30 - Spotify asks for more money again
11:00 - 0% down payment too good to be true?
15:15 - Asics dad sneakers are cool?
18:45 - Amex is popular among GenZ
22:15 - Laptop v. Mobile shopping

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