Hey Snackers,
It's Tuesday, but Monday morning has never felt so good: the holiday break was briefly extended for some yesterday when Slack went down on the first business day of 2021.
What also went down yesterday: stocks, which retreated sharply from last week's all-time highs. Covid-19 hospitalizations in the US jumped to a record on Sunday. Also concerning: new coronavirus mutations.
Not a travel credit card... Discovery+ is the new streamer from Discovery, whose networks include family favorites like: Food Network, Animal Planet, HGTV, and of course... Discovery Channel. It's known for cranking out classic reality shows that you actually watch on normal TV. Like: Shark Week, Extreme Makeover: Home Edition, and 90 Day Fiancé.
"You may say, I'm a streamer... but I'm not the only one." Weâve reached a level of streaming saturation where one service just isnât enough: 70% of US households have at least one video subscription.
Streamers need QQE to succeed... that's quality, quantity, and exclusivity. Netflix and Disney have high QQE factor: top notch content, a lot of it, and exclusive shows/movies (think: Netflix-only originals). Apple TV+ and Prime Video â not so much. But Discovery might bring the trifecta: It owns some of the most-watched cable shows in the US (Quality). It'll offer more than 55K episodes on Discovery+, including content from other networks (Quantity). It also plans to launch 1K hours of original programming in the first year, like 90 Day FiancĂ© spinoffs and Bobby Flay in Italy (Exclusivity).
You could light up a town... Tell that to your significant other, or to General Electric's ginormous wind turbine, which could (literally) light a small town on its own.
Started from the microwave... Now we here. For most of its 128-year history, GE was an exemplary giant of American business. It was the longest-standing member of the exclusive Dow index â until it got booted in 2018. GE stock has plunged ~75% over the past 10 years (largely why it got booted). But...
Weâre at the start of a Green Rush... for clean energy. More than 110 countries have pledged carbon neutrality by 2050, and big corporations like Amazon have pledged to go carbon neutral by 2040 â Microsoft is aiming for carbon-negative by 2030. All these governments and companies will need clean energy to achieve their green goals. GE is still pretty new to the offshore wind game. But if it can succeed in the (big) challenge of manufacturing and installing its turbines at scale, it could rise yet again.
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Authors of this Snacks own shares of: Google, Amazon, and Disney
ID: 1466278
Correction for 12/22/20 letter: Foxconn is a Taiwanese company with factories in China, not a Chinese company.