Podcast Episode Summary for "Stock Gamblers" - August 13, 2024
In this episode of *Stock Gamblers*, hosts George Howell and Chris Carbonara dive into the latest stock market news and trends. They start by discussing the controversial tax proposals from Vice President Kamala Harris and former President Donald Trump, highlighting the potential impact on tipped income workers. The hosts also cover the recent shake-up at Starbucks, where CEO Laxman Narasimhan was ousted amid declining sales and public backlash, with Brian Niccol stepping in to revitalize the brand.
Next, they explore the ownership structure of Kraft Heinz, where large institutional investors hold significant sway over the company's future. Boeing’s new CEO, Kelly Ortberg, also gets a mention as he takes steps to address the company’s production and quality issues. The episode continues with a discussion on Nasdaq’s proposed rule changes aimed at tightening regulations around penny stocks, and the challenges faced by Trump’s Truth Social as its stock continues to plummet.
The hosts then shift to stock picks, featuring companies like Palantir Technologies, Rocket Companies, Etsy, Ally Financial, and Beyond Meat. They wrap up with expert picks, including Airbnb, which is seen as a good buy despite recent setbacks, and Tilray’s strategic expansion into the U.S. craft beer market.
Finally, George and Chris encourage listeners to support the show on Patreon, where they can access exclusive content and participate in the virtual stock market game.
Tune in next week for more stock market insights and gambling tips!
Thank you for listening to Stock Gamblers!
Write us at: stockgamblersshow@gmail.com
Support the show at patreon.com/stockgamblers
Visit our site at stockgamblers.net
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