The Playlist and a recent earnings report highlights Spotify’s growing problems

Netflix recently released The Playlist — a short series re-enactment of Spotify’s founding story. It’s really good. Go watch it. The series highlights one of Spotify’s many problems: a lack of profitability. The Report: Missed the mark Yesterday, Spotify reported earnings that sent its stock down 13%. 456M monthly active users (up 20% from a…

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Consumers shun plant-based meats as inflation hits wallets

Plant-based meat alternatives have been one of the fastest-growing food trends in recent years. These meat substitutes have popped up everywhere, from McDonald’s and Popeyes to your local grocery aisles. Inflation hits plant-based meat sales Refrigerated plant-based meat sales fell 7.2% in the first quarter of 2022 from a year ago. A pound of Beyond…

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FDA Lights Up Altria’s $13B Juul Investment

Last week, tobacco companies were under attack from Biden and the Food and Drug Administration (FDA) — destroying billions in tobacco giant Altria’s market cap. Whatever’s left of Altria’s $13B investment in Juul is at risk of getting torched. Vapes were meant to help reduce smoking… Instead, it helped a generation become addicted to e-cigarettes….

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Can CEO Howard Schultz make Starbucks Grande again?

Howard Schultz left Starbucks (NASDAQ:SBUX) in 2017 in seemingly good hands. In April, he returned as interim CEO – his third return – to face freshly brewed issues. Despite reporting strong Q2 earnings – the unionization train is barreling towards the company’s bottom line. A tall order to fill Starbucks has seen a post-pandemic shift…

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Consumers feel the pinch with surging prices

Investors are starting to worry about the impacts of lower consumer spending — as the US reported consumer spending falling 0.4% last week. What’s the big deal? Companies have gotten away with price increases in the past year — but consumers may be reaching their limits. As a result of inflation, over 50% of adults…

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Peloton’s terrible 2021 capped off with a fictional character dying

Last week, an airing of “Sex and the City” reboot (spoiler ALRT) sent Peloton (NASDAQ:PTON) down 5% before recovering its losses yesterday. What’s the big deal? Peloton, a pandemic winner of last year — turned loser this year — was the cause of death of fictional character Mr. Big from Sex and the City. In…

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Allbirds IPO: Future of sustainable brands depends on Generation-Z’s habits

Can a massive waste problem and Gen-Z’s love for sustainability translate into investor returns? We’re about to find out — with the stock market debut of Allbirds, the sustainability apparel brand. What Gen-Z habits tell us about the future Consumers are more mindful about sustainability — and Gen-Zs are leading the way. 9 out of…

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