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Becker Private Equity & Business Podcast
9 Business News Stories We Are Following Today 5-7-25
00:03:25
In this episode, Scott Becker shares nine key stories, including market anticipation ahead of the Fed meeting, insights on supporting friends in business, concerns about DoorDash’s acquisition strategy, and more.
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Scott Becker
This is Scott Becker with the Becker Private Equity and Business Podcast. These are nine of the stories that we're following this morning. And thank you for listening to the Becker Private Equity and Business Podcast. First, the markets are fairly flat this morning as they sort of wait for the Fed to meet later today and get a sense of where interest rates are going. I would tell you second, that one of my closest colleagues plans his entire week around the Fed press conference. So again, even the market's relatively flat right now. Depending on what Chairman Powell says later today, we either will have a very volatile market or not. We'll see how it goes. And people are waiting to hear what his thoughts are on lowering interest rates, whether he believes that the tariff situation is likely to lead to relatively stagnant inflation or continued inflation. The third concept today the first two were around the Fed really and what's going on with the market. The third one is this. If a close friend runs a business, runs a business of any sort and you want to be a good supportive friend, either buy from the friend or encourage the friend. But don't ask for the friend for free stuff or for discounts from the friend. As a side note, the concept of earned media applies largely to great clients and customers that support the media business. It doesn't apply to every dick Jane, and here a PR person that wants to get their client mentioned just but those are some concepts on earned media and doing business with Brent. Fourth, the DoorDash death spiral. This is overstated, but it's always a big concern to me when a company sees declining revenues and announces huge acquisitions to offset its slowing revenues. DoorDash has got declining revenues and doing a ton of acquisitions. Try and make up for it. And that's always a problem from what I could tell. Fifth, Disney is up more than 6% today. It reported improved earnings. It beat revenues and earnings for the quarter and it also saw improved results at its parks. So we'll see how that goes. It's still down 6%, still down 16% year to date. One of my best colleagues took her five children to the park in the first quarter and that may have been the difference in the first quarter. Second, if one of my other colleagues was eight kids goes this quarter, then Disney will have succeeded for this first half of the year. Sixth, there's been a shake up at the top of the market cap rankings. Microsoft is number one at 3.22 trillion, Apple is number two at 2.96 trillion, and Nvidia is number three at 2.77 trillion. Seventh Hymns is hers jumped 18% yesterday and is up more than 300% over the last year. Something amazing what's going on with hims and hers. Eighth, we currently just passed 7 million downloads on the Becker Private Equity Business Podcast and the podcast spent much of the last two weeks ranked first in the Apple businesses ranking. So. So God bless that. Finally, a couple short notes. Just an absolute pleasure yesterday to visit with Rochelle Shaw, Richelle Shaw and Natalie Kearns or building a neurology business. They referred to me at Bury Tanner. A brilliant, brilliant leader and so many interesting things going on. Thank you for listening today to the Becker Private Equity and Business Podcast. Thank you very, very much.