Hey Snackers,
When they say they'll keep your resumé on file, they mean it: the labor shortage has gotten so bad that restaurants like McDonald's and White Castle are reaching back out to applicants... four years after they applied.
Stocks have fully recovered from Monday's plunge, energized by strong earnings yesterday from Coke and Johnson & Johnson.
It goes down in the TMs... Twitter Mentions. Tesla will be opening its Supercharger network to other EV brands later this year. The major announcement came in the form of an Elon reply in a random Twitter thread (classic).
No such thing as a free juice... Especially freshly pressed e-juice. Tesla owners have the benefit of being able to power up at most EV charging stations — plus Tesla stations. Why would Tesla end its exclusive charging differentiator and make it easier for people to charge other EV brands?
Tesla just made the pizza decision... Bigger slice or bigger pie? Tesla could stay charge-exclusive to grab more slices of the EV pie. Instead, it's sacrificing one of its biggest advantages to accelerate EV adoption. By helping cure #RangeAnxiety with Supercharger access, Tesla can help make the total EV pie bigger. Its slice of the EV market might continue getting smaller — but a smaller slice of a big pie can be more caloric than a big slice of a small pie.
Twitter fingers and Snap faces... Social media earnings season has officially begun. Twitter and Snap report today, so we're diving into a few key differences between the blue bird and the little ghost.
One ghost, one bird... two different growth strategies. Snap is laser-focused on delivering on its plan to increase annual revenue by 50% for the next few years, so it’s investing heavily in tools to attract ad dollars. Twitter is focused on growing users and engagement, so it's taking a more experimental "see what sticks" approach to its product.
"Fail fast and make things"... doesn’t always work. Snap’s more focused strategy is panning out better so far: its market cap is nearly double Twitter’s, and its ad revenue grew 6X as fast last year. By doubling down on one product — the camera — Snap has built lasting features for users, which means it can focus more on catering to advertisers. Until Twitter puts its core product into focus, it might continue to struggle to grow its ad biz.
Authors of this Snacks own shares of: Snap
ID: 1732280