"Amazon of Africa"... The continent's first tech IPO on the New York Stock Exchange is Jumia. Shoppers in 14 African countries (which represent 74% of the continent's consumer spending) can hit the ecommerce site to buy a dress. Or get Lagos' finest suya skewers delivered. Or book flights to Cairo. Or rent a Nairobi 1-BR flat. It's a mashup of plenty of US apps and is still plenty unprofitable, but the stock still surged 75% on Day #1.

More on Jumia in today's Snacks pod.

Suit up... Big banks kicked off earnings season, and JPMorgan set the tone with record revenues and profits. As interest rates rise, so has its lending biz, which helped profits at its "Main Street" divisions surge 19%. Then CEO Jamie Dimon added some flair: The current economic expansion "could go on for years."

Extra legroom for all... First JetBlue rose after revealing its first transatlantic flights land in London by 2021. Then Delta's profits surged 31% last quarter. We broke down the two key reasons for Delta's jump (aka, its "Profit Puppies"):

1. Biz/1st class: Fancy bookings rose 8% — And even though they're just about 1/3 of the seats, they make up about half the ticket revenue. Strong economy ==> more upgrade splurges.
2. The credit card: Delta's plastic partnership with Amex was extended another 11 years — That card's expected to bring in $7B annually for Delta, and reportedly makes up 35% of profits.

New vs. Nostalgia... Netflix fell 4.5% Friday after Disney's Netflix-killer was revealed: Disney+ (Mickey's shares hit a record high the same day). Disney's strength is its library of timeless hits: Star Wars, The Simpsons, Toy Story, and other OG titles. And just as Netflix raises the price for its most popular plan to $13/month, D+ arrives at a binge-able $6.99.

Fashion beat function... Under Armour dropped 4% on a single day after an annual survey showed people just aren't into it: UA's ranking dropped to 5th place in the basketball category and 7th in "casual." The report slammed UA for lacking innovation (too much ath, not enough leisure), just as Adidas signed Beyoncé as its creative partner.

Out of battery... Panasonic may pause plans to expand battery production at Tesla's Nevada "Gigafactory 1." Its investment in Elon's China-based "Gigafactory 2" could be off too. Tesla dropped 4% as investors worry the joint venture drama's a sign of uninspiring car sales.

Millennials broke Wall Street... Big corporate names made big moves to cater to cord-cut and car-less customers last week. Investors appreciated Disney acting like a tech company but punished Lyft for acting too much like one.

Disruption + Profits. It’s complicated... Video-streaming and ride-hailing were born to break things. Profits were an afterthought. But investors' feelings shift when the companies move from the pre-disrupt to post-disrupt era.

• Streaming: Disney blessed us with an insane library of throwbacks, blockbusters, and TV-ish shows for silly cheap ($6.99/month), and shares popped 11% Friday.
• Ride-hailing: Since the IPO rush to buy Lyft drove the stock to $88, shares fell last week to under $60. And Uber’s IPO paperwork Thursday didn't help — Uber lost nearly $2B last year, and (by certain complex measurements) its revenue growth slowed.

• Work: 6 tips to negotiate more salary after a job offer (#5. Truth.)
• Life: 3 ways to resolve a fight in under 60 seconds
• Money: Why your tax refund is smaller (here's what to do about it)
• Venture: Twitter CEO Jack Dorsey doesn't eat for days — Why do founders aggressively self-torture?
• Crypto: A solution to Bitcoin's energy waste (hint: Use it to warm buildings)
• Do: "Festify" your Spotify playlist into a music fest poster. Then show everybody

• Monday: Earnings from Goldman, Citi, and Charles Schwab. (FYI, your taxes are due)
• Tuesday: Earnings from Netflix, Bank of America, and Johnson & Johnson
• Wednesday: Earnings from Pepsi, Morgan Stanley, and E-Trade
• Thursday: Pinterest and Zoom expected to IPO
• Friday: Markets closed for Good Friday

Disclaimer: The author of this Snacks owns Tesla shares