Becker Business Podcast Summary

Episode: 3 Stories We Are Following Today 9-30-25
Host: Scott Becker
Date: September 30, 2025

Overview

In this brief news update, Scott Becker highlights three major stories shaping business and market discussions today. He covers the latest surge in cannabis stocks spurred by U.S. presidential commentary, the ongoing turmoil at RH (formerly Restoration Hardware), and developments in the political race involving Eric Adams and other notable candidates.

Key Discussion Points & Insights

1. Cannabis Stocks Surge on Political Momentum

• Main Point: Cannabis stocks have seen a significant uptick, triggered by President Trump’s positive comments about legalizing and better regulating CBD and related products.
• Context: The anticipation for meaningful federal action on cannabis has been building, and the market is reacting enthusiastically to hints of policy support.
• Notable Quote:
  • “Cannabis stocks are soaring right now based on positive comments from President Trump about legalizing and better regulating CBD and so forth.” (00:17)
• Insight:
  • This surge represents a long-awaited market movement for cannabis investors who have been waiting for governmental signals favoring the industry.

2. RH’s Struggle: A Love-Hate Story

• Main Point: RH's stock is facing severe decline, down nearly 50% year-to-date, with ongoing struggles to stabilize the business.
• Tone: Scott uses a wry, familiar tone acknowledging the complex investor sentiment towards RH.
• Notable Quote:
  • “RH the story. Love to love and love to hate. They're down nearly 50% year to date. Can't seem to find its footing.” (00:37)
• Insight:
  • The once-admired retailer can’t find its footing in an uncertain market, making it a closely watched and hotly debated story in the business community.

3. Election Update: Shifting Political Field

• Main Point: In the race for office, Eric Adams has dropped out, narrowing the field and reshaping the odds for the remaining candidates.
• Details:
  • Now primarily a contest between Cuomo, Sliwa, and Mandani.
  • Mandani is considered the heavy favorite.
• Notable Quote:
  • “Eric Adams, one of the candidates outside of Mandani. Mandrani has dropped out of the race, making it closer to a two or three way race between Cuomo, Sliwa and Mandani. We'll see what happens with that. I think Mandani is still heavily favored to win and just a dreadful, dreadful thing.” (00:48)
• Insight:
  • The dynamic shift in candidates could have broader implications for policy and business in the region.

Memorable Moments & Quotes

• Opening Summary:
  • “These are three stories that we're following today and thank you for listening. You're probably already familiar with these stories, but let me just go through them real quickly.” (00:02)
• Sign-off Acknowledgement:
  • Scott expresses gratitude to his production team and listeners, maintaining his warm and appreciative closing signature.

Timestamps for Important Segments

• Cannabis Stocks Update: 00:17
• RH Stock Decline: 00:37
• Political Candidate Update: 00:48

Tone and Language

The episode is delivered with Scott Becker’s signature succinct, direct style, peppered with casual familiarity and wry observation. The insights are tailored to business-minded listeners seeking a quick but informed roundup of major developments.

Note: Advertisements, extended acknowledgments, and non-content material have been omitted from this summary.