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This is Nick, this is Jack, and this is Snax Daily, it is Friday, August 28th. Snackers fires are still raging in northern California. We got ourselves a Category four hurricane hitting the Gulf Coast. The entire NBA just made a bold statement in support of Black Lives Matter, Jack. They are putting together this pod and we're like lots of heaviness right now.


That is not financial news, but it is our pleasure and our honor to still make this a tabloid before the weekend for the best one. Yet we're thinking of you, snackers chac first story. What do we got for everyone? Tick Tock has more news than the rest of the market combined. Oh, did the tick tock guy became CEO resigned. Oracle wants to buy half a company, but also Wal-Mart and Microsoft want to be the new mom and dad of Tic-Tac.


Yeah, we're going to focus on that part of the story for our second story. Amazon just shocked everyone with a new product that makes Alexa look antisocial. This halo thing straps to your body, judges your voice and then demand you lose weight. Sounds fun. It's no joke about that. Third and final story, Jack. Throw another horn on the Union Jack. We got our unicorn of the day.


Warby Parker just hit a fresh three billion dollar valuation. Super clear.


Now, Nick, before we hit those stories, it feels funny talking about this because it's like ninety two degrees in both New York City and California.


One second, Jack. There's a third person in the room with us. It's humidity. But we just got a big update about the ski season, which is coming up as early as November. You know, Jack and I track stocks and Vail Resorts is the publicly traded company that gives you exposure to fresh eyes or ice cookies, depending on the conditions. Now, for some reason, this company's ticker symbol isn't ski. No, but it's also the least expensive part of skiing is Vail Resorts actual stock.


We're talking about a company that went full send down word when it hit in March as all resorts shut down aggressively. Right. So their business was in jeopardy with covid. So they spent the entire summer coming up with a plan to how to reopen this fall. Well, Jack and I are proud to announce to you skiing, it sounds like, is going to happen this winter with a few adjustments.


Well, first of all, you literally have to wear a mask to ski. The good thing here, a helmet plus a gator, plus a parka hood is like an end. Ninety five plus mask. OK, the second rule, only two people are allowed per chairlift in all of their resorts is resorts. Mind the gap and lower the safety bar.


No more awkward small talk, which is the one plus third.


You need to make a reservation before you can even show up at the mount.


No more. Mount Snow got downtown last night, so let's bomb on over to Dover. Jack. No, you need to like, make sure there's room because of distancing. Feels a little more like Disney World now.


Not in a good way. The fourth and final update we got for you. You can't dump the kids off at ski school this winter. Well, you can if you're one of the first six. But after that, you better get like a Baby Bjorn backpack because you're putting the kid out in the back. Guess what? Skiing got more expensive. That's the takeaway. Let's hit our three stories. You soon. In the next day, he spoke to the lawyers and we got to get some legal out of the way.


That's about the food is said. They don't reflect the views of her family. It's all formational. Just so you know, we're not recommending any securities. No, it's not a research report or investment advice, not an offer of a sale of a security. By next is Digestible Business Finance LLC member Fagbug ABC for our first story.


The same day that Tick Tock CEO resigned, Wal-Mart confirmed it's trying to acquire tick tock.


That's right, Nick. Wal-Mart plus Microsoft plus tick tock is a real thing and it could take on Facebook and Amazon.


All right. So first the news here. We saw Jack, I wake up and boom, CEO of Tic-Tac, been on the job three months out, done. Not on LinkedIn anymore. Boom.


First thing we saw, we're talking Kevin Mayer, who looks like an active NFL linebacker, by the way, Jack, we just say thighs like a Bronco. Kevin Meyer was at Disney for twenty seven years. He climbed all the way up to number two so close, but then got passed over for the CEO job. And we're talking about the guy who's got a bad case of the I want to be CEO of a global tech company syndrome. No vaccine for that, Jack.


Yeah. So he took on the CEO job at Tektites.


But now the Trump administration is forcing Tic-Tac to sell away from its Chinese owner out of national security concern.


Myers looking at this, his foot itching. He's like, I'm a lame duck. What am I going to do? He's already moving on.


And he's one of those guys who's already rich because he's twenty seven years of Disney shares. And now he's just looking for a position with lots of power, which is not the lame duck CEO of Tektites.


A Jack and I were shocked. We called each other crazy news this morning. Wild breakfast after breakfast. Things got kicked up a notch. Wal-Mart says it's joining the tick tock sweepstakes. Can we get an associate to check the price for tick tock? Because I think it's of Wal-Mart's price range check jerk for tick tock by the seller.


There's Maggots.


As a reminder, the weekend that Trump threatened to ban tick tock in the United States, Microsoft immediately publicly acknowledged their interest in acquiring tick tock. So now Wal-Mart wants to partner up with Microsoft in a joint bid because Tuesday at. More than one, apparently, right, Wal-Mart is in and this isn't just some Wal-Mart confirmed yesterday they're interested in acquiring Tic-Tac and Wal-Mart stock ended up jumping five percent yesterday because one hundred million Americans use Tic-Tac every single month. Yeah.


Also, Wal-Mart acquiring Tic-Tac is just objectively exciting news. How could investors not push up the stock price? The most exciting thing since they made their tube socks. Three ninety two snackers.


Think about it. If Wal-Mart controls Tic-Tac, a social media powerhouse, and you add in Microsoft's big tech muscle, then they make Tic-Tac an e-commerce power. Jack, what are you thinking on this? Visually, this is like Batman and Superman, like shaking hands and agreeing to fight the Joker to gather. The whole thing is brokered by Catwoman. It's like a beautiful image.


Now, Instagram snackers is already becoming an e-commerce giant. It's pretty much the digital shopping mall that we swipe through in our spare time every day.


Tick tock is not, but could become the same thing powered by Wal-Mart, right?


Maybe Wal-Mart makes it super easy to buy Wal-Mart things just by tapping a tick tock, tick tack. And Jack and I were just talking about the other day how they're launching a ninety eight dollars a year Amazon Prime rival over at Wal-Mart, I think it's called Wal-Mart plus.


It's coming out soon and maybe purchases that originate on Tock through Wal-Mart plus maybe they're 10 percent off. Maybe they're free shipping. Maybe they start paying you. But before you get too excited snackers, we should point out Oracle, like the random software company, is the other serious bidder for Tic-Tac. And a final decision is due next week.


Maybe Oracle should call up Target and offer to be mother and father of Tic-Tac like Microsoft and Wal-Mart. Sounds like the right combo. So, Jack, what's the takeaway for our buddies over a at ticktock? This could kill two tech giants with one stone naggers Jack going to ruin it for Wal-Mart and Microsoft to win the tick tock sweepstakes. Say that 40 times faster because it could be a huge win for competition.


Two of the tech giants have effective monopolies and don't want Wal-Mart and Microsoft to win this sweepstakes buddies over at Facebook.


They know that Tic-Tac is the only threat to their social media dominance. Even Zuck in these guys and with Microsoft and Wal-Mart as owners, Tic-Tac would be an even bigger and stronger threat to Facebook. Jack, let's head a little northeast over to Puget Sound. Amazon knows Wal-Mart is the only threat to its e-commerce dominance. And with Wal-Mart in control of Tic-Tac, Wal-Mart would be an even bigger, stronger threat.


Snackers. The simple fact that Facebook and Amazon probably don't want Wal-Mart and Microsoft to win means one single thing. It means society and our economy probably should want Wal-Mart and Microsoft to win.


For our second story, this one's wild. Amazon just unveiled a surprise, new and totally different product. We'd never even had any idea they were building.


It's called Halo, which happens to be my favorite Beyonce song, but it's also the most intimate and discreet health tracker we've ever seen. Honestly, Jack and I look at this think we're going to cut right to its knackers. The look, Jack, what are we looking at? It's pretty much an Apple Watch, Nick, but no screen. No, it's just the sport band with a barely noticeable sensor on the inside of the band. It's essentially a high performance scrunchie.


They poked a few holes in so they could say it's sporty.


Now, you're supposed to strap this thing to your wrist, but there's no screen. So it's kind of weird how Amazon claims that's because it will focus on your health. Only it won't distract you with the screen, of course, so that you can focus on your life.


It's like mindful level 12. Amazing. You know, Amazon tends to be like low prices. This things only ninety nine bucks. But hold your horses available. Invite only to Amazon VIP's right now.


And they use is they seem pretty standard. First you get your motion tracking, your heart rate, your sleep, and then you get this points thing going on, Jack.


Yeah, I mean, it's it's all about fitness and health, Nick. So if you're sitting for too long, they're going to dock you points on like your health score. Step on the scale. Step off the scale. Yeah, it sounds like Ben Stiller in heavyweights, but snackers.


There were two wild features, Jack and I noticed that make it feel like Alexa is an invisible friend stalking you.


This is an Amazon product. You strap around your wrist that also has ears.


Yeah, it's listening to your voice and then analyzing your emotions. For instance, if you have an argument with your two o'clock phone call with Ron, it may sense anxiety and you're going to get a push notification on the Halo app on your phone.


Hey, Jack, forget about that meeting. Why don't you take a seat, give yourself five minutes, do with this little relaxation meditation we whipped up for you.


Seriously, it's going to try to be your friend to help you cool down and handle your emotions. Oh, and just because he loves tracking stuff, when you look in the Amazon app, it's going to say from two p.m. to two thirty PM, Jack was disturbed.


Judge, please. I don't like those labels. Feels judge he feels like an aggressive life partner.


OK, so it has ears, but it also has eyeballs.


Yeah. Using the Halo app on your phone, it takes four pictures of your body from all sides of your body. It's. Going to ask if it can take four pictures of your body, and if you do, it's going to ask you to get down to just your skivvies and take four pictures so that it can scan your curves and estimate the body fat percentage on your frame.


Unclear if you're getting all the way down to the boxers or briefs situation, but either way, it's looking at the whole thing. Yeah, it's like Searcy in the Atonement episode when she's walking, like from the church to the red.


Shame, shame, shame.


The inevitable question for any new device from Google, Facebook or Amazon that has a camera or microphone, you know, it's coming. How is this going to affect my personal privacy? So Amazon says every feature is opt in. It's easy to turn off. It's easy to delete data. They're not going to sell your products based on anything you know about stuff. Amazon is pretty much like that conversation with Ron that got heated at two o'clock. It's between you, us and Bezos.


So check, Jack, what's the takeaway for our buddies?


Over at Amazon's Halo? Amazon is missing a 24/7 product that sits on your person. Can we just all agree that on your person is our favorite phase ever?


It's a great underuse. Technical legalist.


You got fitness wearables that's dominated by Apple Watch and Google's Fitbit.


Yep. Google and Apple get to hang out with you every day gathering data on your physical activity day and night. It's fun, but it's creepy.


Now, phones. Amazon is like riding the bench on this. Their fire phone was their biggest product failure ever.


Once again, Apple and Google are the winners here. They're tracking your location, your steps, your calories from your phone, sitting in your pocket all day, every day.


Jeff Bezos loves that you're a prime or paying that annual fee, but you're only in the Amazon app for like a few minutes a day if that.


But if Halo goes mainstream, Amazon's going to have the data on Amazon and the other twenty three hours a day when you're not shopping for our third and final story.


I have trouble. I have trouble seeing this over here. Nick, you lost your Warby Parker frames. Warby Parker just hit a three billion dollar valuation. Not too shabby. Our Unicorn of the day snackers. And we're covering this because we all know you've splurged that two hundred and fifty bucks on some Raybans for that top gun look guilty.


Did it when I was twenty three. Did it when I was twenty six. Did it when I was twenty eight.


This guy just loves Tom Cruise. What is now the thing is Raybans are created by a company called Luxottica which either makes them in Italy for like twenty bucks a pair or China for like two bucks a pair. Then they sell those two or twenty dollars sunglasses to LensCrafters or Sunglass Hut. Were they, you know, they knock them a little up one hundred more bucks and then you finally get those twenty or two dollar glasses for two hundred dollars because of all those layers of separation.


The four co-founders of Warby Parker walk in the room and they're like, wait a second. Twenty people in here. We're going to cut out a few middlemen. Let's go direct to consumer. We've talked about Harry's razors and Caspar mattresses on this pod before. Well, Warby Parker is the Warby Parker of direct to consumer, the first millennial brand to literally destroy the middle man. They're replacing the middle man with a really gorgeous website or a store that is so pleasant.


Yes. You want to take like your first date out to first date, not your third. Definitely kick things off with this. Now, snacker is this company was founded in 2010 in lovely Philadelphia, selling direct to consumer from their headquarters, like out of their business school apartment on Walnut Street.


They found a really nice balance really fast by being online and being offline with standard eyeglass frames sold at a uniform price.


So interesting balance here. The online you select five gorgeous frames they mailed to you.


Keep one you return for offline. There's one hundred and twenty five different Warby Parker stores. You probably seen them. If you got to any upscale neighborhood in any city, you'll walk in and it's comforting. Like a library designed by Wes Anderson and some Warby Parker barista with a perfect smile is going to approach you and say, Valencia frames your face perfectly.


You have to buy them and then they start touching your face. But you stay in the store, you stay in the store, actually. A free face massage. Yeah, profitable company since twenty seventeen. Despite the massages and this valuation, they just hit shows that there are thriving and covid because it doubled.


This ain't no deadbeat unicorn like we work Nick. It is profitable.


Glasses are a necessity pandemic or not. Now what Nick and I find particularly interesting about Warby Parker is the pricing.


Warby Parker is a case study in price psychology because every frame starts at ninety five dollars and always has.


When this company was created by the original entrepreneurs, they price the frames at forty five dollars. But then they spoke to a Wharton School of Business professor who's like guys. Forty five bucks. That is just too cheap. People are going to think they're crap frames and by the way, they retell the story and every single word in class, we can attest to that. So then the co-founder is like, Hey, Professor, what if we did sixty or seventy dollars feels kind of arbitrary.


Sixty or seventy. Like what is that, Professor? What if we go up to one hundred bucks? If you go to one hundred it's going to look like the same price as those exotic at two hundred dollars for professor.


What if we drop down to ninety nine dollars. You're not QVC.


This isn't like four easy payments of ninety nine. Ninety nine reviser. What if we go with like ninety two dollars. Ninety two dollars. Sounds like it was. Precisely optimised by an Amazon algorithm to make Jeff Bezos rich, it kind of does, Professor. What if we do?


Ninety five dollars a frame make that actually sounds just about right. It's not too low and not too high and kind of like, yeah, we got a Goldilocks scenario. That is how Warby Parker ended up at ninety five dollars. Ironically, this is the same exact strategy as all bird shoes, which are also ninety five dollars advised by the same professor, same year's award. So Jack, what's the takeaway for our buddies over at Warby Parker? Apple should acquire Warby Parker snackers.


We'll let that sink in. Apple has bought consumer brands before at critical moments and at similar values.


Remember Beats Headphones by Dr. Dre made Dr. Dre a billionaire. How can we forget? He's probably listening to snacks right now. Apple acquired Beats by Dr. Dre in 2013 for three billion dollars, which is the same price that Warby Parker would be right now. Oh, and by the way, Snackers Jack and I noticed that was three years before Apple unveiled air pods. And what is Apple probably going to unveil in about three years now?


They've hinted it would be augmented reality glasses and what's in affordable fancy eyeglasses brand that customers love our good friends over at Warby Parker Digital.


First, Warby Parker would give Apple the physical and online store presence for prescription augmented reality glasses.


Apple should buy Warby Jack and you'll whip up the takeaways for us before the weekend.


Please, Nick. If Wal-Mart can make an offer with Microsoft for Tic-Tac, I think you and I should make an offer to acquire to acquire snackers.


We got one condition on this.


It's got to be renamed Nick, Jack said. Consider Amazon's latest wearable device has eyes and ears. It's priced cheap because Amazon wants to be on your person.


Third and final story. Warby Parker envisions a world where you buy everything directly from the seller for ninety five dollars. And Jack and I are envisioning a world in which Apple acquires Warby Parker for more than ninety five dollars. The Tigra Sinak back to the day. This one tweeted in by Don Burger, who is in a camper somewhere in the world right now. We couldn't tell.


Dornberger points out that there's a thing in the world called a dark sky reserve, which is a place where lights are banned. So you can see the stars perfectly at night.


Turns out there's a great one in Idaho and they're only 16 of these things worldwide.


Light pollution, man, light pollution. Now, before you go for the weekend snackers, Michelle and Jackson are friends who snapped together, which we love. But Michelle Jackson would like to start dating you. Will you become Jackson's girlfriend? It's an honor. And remember the couples that snack together stay together. Congratulations, Arbidol, on a new job over in the Bronx and Marienborg engaged over in Mexico City.


Joschka Stevenson and Rajiv Mehta. Happy one year of commuting together. Happy birthday, Crystal Schuh from Hangzhou, China. And Happy 12th Cy Smiley in Austin, Texas. Shauntay Bagi, Happy Harper at the end of Fieldston Eagle Jack Upton in New York City. Mike G. From Seoul, South Korea, Elise Machado in Bakersfield, California. Catherine Bernal celebrating in Denver, Colorado. Our Patel in a Meet Bad India. And Mike Kaplinsky in San Francisco, California, our Bantul.


Also in the Bronx, Collin Mitchell from Los Angeles, California. Edwardo Happy. Twenty third in Fallbrook, California. And happy birthday to Hannah Herstein in Seattle, Washington, Alison Leever, happy birthday, Antigo, Wisconsin. And Elvin Flores and lovely Santa Barbara, California. Snackers, what a week. This was the biggest pod we've ever done, if not the best. And this was the best one. Yeah. Yeah. Got buddies you see this weekend.


Who needs a snack. Ask him twice. Twice D Have you had your snacks daily Nick. And I'll see you Monday. We can't wait if you know. You know. This is Jack Ilhan, stock of Amazon Nagan, stock of Apple, the Robinhood Snacks podcast you just heard reflects the opinions of only the hosts who are associated persons of Robin Hood Financial LLC and does not reflect the views of Robin Hood Markets Inc or any of its subsidiaries or affiliates.


The podcast is for informational purposes only and is not intended to serve as a recommendation to buy or sell any security and is not an offer or sale of a security. The podcast is also not a research report and is not intended to serve as the basis of any investment decision. Robin Hood Financial LLC member, FINRA, SIPC.