👟 “Ree-bound” — Reebok’s Shaq comeback. Apple’s AirPod camera. Whirlpool's DIY warning. +Pimp My Cart

Summary

Podcast Summary: The Best One Yet — “Ree-bound”: Reebok’s Shaq comeback. Apple’s AirPod camera. Whirlpool's DIY warning. +Pimp My Cart

Date: May 11, 2026
Hosts: Jack Crivici-Kramer & Nick Martell

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Episode Overview

This episode of The Best One Yet brings listeners the latest in pop-business news with signature wit and conversational banter. The three headline stories cover: Apple's impending launch of AI AirPods with cameras and its battle for privacy in the age of AI; Reebok's surprise resurgence through basketball legends and clever branding; and Whirlpool’s troubles as the DIY repair trend hints at deeper cracks in the economy. Side discussions on shopping cart innovations and a rundown of other notable news round out the episode, crafted to keep listeners both informed and entertained.

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Key Discussion Points & Insights

1. Shopping Cart Disruption: “Pimp My Cart”

(00:15 – 02:51)

• Innovations on the Shopping Cart:
  • Instacart’s new carts feature built-in screens to give turn-by-turn directions; Amazon’s Whole Foods carts include credit card swipers for easy checkout.

    “Turn left at aisle six for cilantro.” – Nick (01:38)

  • Chanel ups the ante with a $152,000 diamond-encrusted cart.
  • Target’s new cart is highlighted for its massive cup holders — big enough for a Stanley mug and a Starbucks Venti — plus a phone tray and baby seat.
  • The hosts joke about their dream feature: a self-parking shopping cart.

    “A shopping cart that takes itself to that little island caddy in the middle of the lot.” – Jack (02:39)

  • The ‘middle-class fancy experience’ just got an upgrade.

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2. Apple AirPods with AI Cameras: Surveillance, Context, and Privacy

(05:40 – 10:30)

• Apple’s Next Big Product:

  • Apple is reportedly in final testing of AirPods with built-in cameras — dubbed “AI lookers” — along with smart glasses and a wearable pendant.
  • The cameras, unique in being unable to take photos or record video, are designed to feed context to Siri, making the assistant “all-knowing and all-seeing.”

    “The more context AI has on you, the more helpful it can be. Basically, AI eats context.” – Jack (07:26)

  • Example uses: Visual navigation assistance (“Turn right after the Walgreens”), wine pairing while shopping.
  • Privacy design: A small LED alert comes on when data is being sent, mindful of concerns people have with always-on cameras.

    “Picture the green light like on your phone or MacBook when the camera is on — the green light is a privacy thing.” – Jack (08:14)

  • Apple's approach is contrasted with Meta Ray-Ban smart glasses, which have faced criticism for secretive video recordings.

    “Have you heard about the disturbing reports that Meta employees are able to snoop...?” – Jack (08:59)

• Takeaway:

  • Apple must “avoid the surveillance ick.”

    “Apple is the brand... best suited to fight mass surveillance. And it would be lucrative if they could succeed.” – Jack (09:47)

  • Expect Apple to brand this context-aware privacy feature distinctly: “Insight clean” or “context lenses.”

    “Apple should trademark anti-surveillance privacy.” – Nick (10:30)

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3. Reebok’s Shaq Comeback: From Forgotten Brand to Gen Z Fave

(10:48 – 15:41)

• Reebok’s Resurgence:

  • Sales have tripled since 2021, up to an estimated $6.5B — surpassing brands like Hoka and Brooks, and closing in on New Balance.

    “Sales surged from $1.8 billion in 2020 to $5 billion in 2023 to an estimated six and a half billion this year.” – Jack (11:34)

  • Reebok, now owned by Authentic Brands, brought on Shaquille O’Neal and Allen Iverson in leadership roles.
  • A memorable anecdote: Shaq FaceTimed NCAA/WNBA star Angel Reese 17 times to recruit her as a Reebok ambassador.

    “Shaq literally kept calling her until she would do the deal.” – Nick (14:13)

• Strategic Moves:

  • Reebok targets overlooked markets (youth, women) rather than competing directly with Nike/Adidas for established stars.
  • Historical irony: Shaq turned down a massive Reebok deal in the '90s and is now running the company; Iverson’s legendary lifetime shoe deal is referenced.

• Takeaway:

  • The new owner “let them cook,” enabling personalities like Shaq to revive the brand via authentic engagement.

    “When acquisitions fail, it’s not the player, it’s the coach.” – Nick (15:29)

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4. Whirlpool’s Dividend Disaster: DIY Repairs as Economic Alarm Bell

(18:05 – 21:43)

• Whirlpool’s 70-Year Dividend Streak Ends:

  • Facing falling sales and foreign competition, Whirlpool suspends its dividend for the first time since 1955.
  • While sales drop 10%, the one division growing is spare parts — signaling consumers are opting to repair rather than replace.

    “Instead of buying a new washing machine ... we’re grabbing our screwdriver to fix the old one.” – Jack (19:35)

• Bigger Picture – Economic Warning:

  • CEO blames “rapid deterioration of the macro environment” and plummeting consumer sentiment, triggered, in part, by global conflict.
  • Appliance purchasing is highlighted as a leading economic indicator—Americans are putting off buying new big-ticket items.

    “Your appliances are better economists than most economists.” – Jack (20:45)

  • GDP and corporate earnings appear healthy, but much of the growth is isolated to the AI-fueled tech sector; elsewhere, households are feeling the squeeze.

    “This Whirlpool problem reveals an American household problem.” – Nick (21:34)

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Notable Quotes & Segments

• On Apple Privacy:

  “Apple must avoid the surveillance ick.” – Jack (09:20)

• On Reebok's Revival:

  “Reebok's new owner brought on Shaquille O’Neal and let him do what he wanted to do. Like FaceTime Angel Reese 17 times if he has to.” – Jack (15:22) “Let him cook.” – Nick (15:41)

• On DIY and the Economy:

  “Your appliances are better economists than most economists.” – Jack (20:45)
  “That’s CEO for ‘we’re in a recession, but I legally can’t say so.’” – Jack (21:45)

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Important Timestamps

• Shopping Cart Innovations: 00:15 – 02:51
• Apple AI AirPods with Cameras: 05:40 – 10:30
• Reebok’s Comeback & Shaq’s Involvement: 10:48 – 15:41
• Whirlpool & DIY Economic Signal: 18:05 – 21:43
• Rapid Fire Headlines:
  • Bumble’s pivot away from swipe: 22:32 – 22:54
  • Lime files for IPO: 22:54 – 23:14
  • Apple’s Siri class action settlement: 23:20 – 23:43
• Best Fact Yet (Sir David Attenborough): 23:56 – 24:42

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Memorable Moments

• Shaq’s Relentless Recruitment of Angel Reese:
  17 FaceTime calls — “No joke. Shaq literally kept calling her until she would do the deal.” (14:13)
• Privacy "Trademark" Banter:
  Suggestions like “Insight clean” and “context lenses” as Apple-style trademarks. (10:15–10:30)
• Economic Humor:
  “There’s no Phillips head that could fix that.” – Nick, on cracks in the consumer economy. (20:39)

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Episode Tone

• Conversational, witty, filled with playful banter and memorable business analogies. Nick and Jack keep the energy high while making complex business trends relatable and memorable for listeners.

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In Brief: Takeaways

• Apple is launching contextually aware, privacy-forward AI wearables, but must avoid turning users into surveillance tools.
• Reebok thrives under new management by letting iconic personalities authentically rebuild the brand, targeting new consumer segments.
• Whirlpool's dividend halt and booming spare parts sales are strong, early indicators of economic stress among American households.
• Side Stories: Dating apps in crisis, the scooter economy faces more IPO risks, and Apple owes iPhone customers money from a settlement.
• Trivia: Sir David Attenborough turns 100; his brother played John Hammond in Jurassic Park.

---

For fans of business news mixed with personality, this episode offers sharp analysis, unique insights, and a few laughs—making you the most interesting person at the breakfast table.

Transcript

[A]

This is Nick, this is Jack. Welcome back. It is Monday, May 11, and today's pot is the best one yet. This is a T boy.

[B]

The top three pop business news stories you need to know today.

[A]

Huge week, besties. We got stocks at all time highs again. Big jobs report. Happy record earnings season.

[B]

To all those who celebrate, stocks actually have risen six straight weeks.

[A]

Oh, and on ceviche Wednesday, Jack and I are dropping a huge announcement too.

[B]

As Nick said last week, mark your calendars.

[A]

To mark your calendars, we got three fantastic stories. Make you the most interesting person in the room. Jack, what do we got on today's T boy?

[B]

For our first story, Apple employees are walking around campus right now testing out their big new product.

[A]

It's a camera that cannot take a photo.

[B]

For our second story, Reebok sales have tripled since 2021 and Shaq is dribbling the profits to the bank.

[A]

Yeah, because Shaq FaceTimed a player 17 times. True story.

[B]

And our third and final story is Whirlpool. They just revealed that you're not buying a new washing mach. You're fixing your old one instead.

[A]

It's the DIY economy and it tells us something huge about the real economy.

[B]

But yetis, before we hit that wonderful mix of stories, I mean, like we

[A]

said, that's just the best mix in business.

[B]

Jack, big alert for you. The shopping cart is getting disrupted.

[A]

No, we're not talking about those digital E commerce shopping carts, are we Jack?

[B]

No, we're talking about the metal grate, Kmart style clunky thing with the dangling front left wheel.

[A]

Last year, Yeti's Instacart invented a new shopping cart with a built in screen.

[B]

The screen gives turn by turn directions to hit every item on your shopping list which you pre uploaded on that screen.

[A]

Turn left at aisle six for cilantro.

[B]

Mr. Jack, your next destination is aisle six. Then Amazon launched something similar at Whole Foods with a built in credit card swiper.

[A]

No line, you just roll on out the store.

[B]

Over at Chanel, they designed a diamond crusted shopping cart that cost $152,000.

[A]

The most ostentatious wealth signal of all time. The Porsche Cayenne of the shopping carts.

[B]

But Target just created the Chevy Suburban of shopping carts because this is the

[A]

first car with a built in cup holder big enough for a Stanley mug.

[B]

Few years too late for the Stanley cup trend, I should point out, but this card has a wide load lane. The diameter fits your 40 ounce tumbler.

[A]

It's got a second cup holder that fits your Starbucks Venti.

[B]

Because 1700 Starbucks live within targets.

[A]

And in between those two custom cupholders is a phone tray and a baby seat.

[B]

The middle class fancy experience that Target has always promised just got an upgrade.

[A]

But Jack, pause the pod. What do we want to see in the shopping cart? Disruption.

[B]

A self parking shopping cart.

[A]

A shopping cart that takes itself to that little island caddy in the middle of the lot. You know what we're talking about.

[B]

Because that's the most annoying part of your shopping experience. Like bringing the cart back to that Caddy.

[A]

Hey. Exhibit pit my cart.

[B]

Jack, let's hit our three star.

[C]

Fifteen years before this song, two boys from the northeast met in the dorm. They had an idea that caused a cultural storm. It's the best one yet. But the best is the norm. Jack.

[A]

The Nick.

[C]

That's it. I don't even think they need to practice. 50%. That's a fat tip. T Boy city on your AT list. If you know, you know. Cause we read to go. We can't wait no more so just start the show. Start the show.

[A]

First, a quick word from our sponsor,

[B]

Monarch.

[A]

All right, Yetis, you're never gonna be able to guess how many accounts Jack has linked to monarch. 31. Are there even that many, like financial products out there? Yetis, he's got credit cards, checking accounts, brokerage Accounts, Retirement Accounts, 529 College savings

[B]

accounts for each kid. And my nieces and nephews. Nick.

[A]

Okay, I'm rounding up. Does that get us to 31? Where are we?

[B]

Don't forget my mortgage, my house, the car I own. They're all linked. And all their values in Monarch.

[A]

You see, besties. Jack actually linked everything to Monarch one year ago during a little bit of spring clean.

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Until I used Monarch, I had a very messy, very chaotic spreadsheet. But now they're clean, synced and automatic.

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Yetis, this is AI Nick.

[B]

That's kind of my R2D2 voice.

[A]

Just kidding. It's human.

[B]

Nick. And you and Jack.

[A]

But you probably want to know how to make AI work for you and

[B]

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[A]

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[A]

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Robotnik and robotjack both very impressed if

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your revenues are at least in the seven figures. And get your free business guide demystifying [e-mail] tboy the guide is free to use at netsuite.com tboy netsuite.com tboi

[A]

for our first story, according to reports, Apple is in final testing of their next big product. Here it is. AirPods with cameras.

[B]

But the cameras aren't really cameras. They're just AI lookers. And that should scare Zuckerberg.

[A]

Yetis call a plumber. We got a leak. Apple is building three new AI devices. One goes in your ears, one goes on your face, and one of them clips to your shirt.

[B]

But one feature unites all three of those future products. They all have cameras.

[A]

Cameras, you see. Mark Gurman, the Bloomberg reporting Apple whisperer, says that Apple employees are actively testing

[B]

one of those crazy new things, next generation AirPods. But they're really AI wearables.

[A]

You see, according to Mr. Gurman, long overdue AI super Siri is going to be announced at their next September product unveil for Apple.

[B]

And on that same day, these new AI AirPods that employees are testing out right now, they could be introduced to.

[A]

Okay, but guess What? These new AirPods are going to have built in cameras like a Kodak in your ear situation. Jack.

[B]

Yeah, the stem is going to go down a little bit longer to hold a camera on each side.

[A]

But that's not all. After these camera airpods then come smart glasses and a pendant that you'll be pinning to your shirt, all made by Apple.

[B]

And they all have cameras. The reason it's that so Siri won't just be all Knowing Siri will be all seeing too, you can finally say,

[A]

hey Siri, did these khakis make my butt look big? And she can actually share the opinion with you now.

[B]

Right now, wearables are just 7% of Apple's revenues, but all three of their next products reportedly are in the wearables category.

[A]

But besties, this is not what you are thinking because these cameras, they can't take photos and they can't record video.

[B]

To sprinkle on some context, we're going to flip open the pages of AI101.

[A]

Oh, I love that book. I love that book. You see yetis, the more context AI has on you, the more helpful it can be. Basically, AI eats context.

[B]

And that's what these cameras are for. These next generation AirPods will feed Siri the context of your visual environment based on what the cameras see.

[A]

According to the reporter Gurman, the cameras can take in visual info in low resolution that users can then query Siri about.

[B]

So Siri could say to you, hey, turn right after the Walgreens on the corner there. The restaurant is just two blocks down on the left.

[A]

Siri knows because she can see where you are on the street or while

[B]

you're looking at a wine shelf at a store. You could ask Siri, hey Siri, which of these pairs well with the slammin salmon I'm sauteing tonight.

[A]

Plus, these wild new AirPods will include a small LED light to indicate when visual data is being sent up to the cloud.

[B]

Picture the green light like on your phone or MacBook when the camera is on the green light is a privacy thing. It's to let everyone around you know that you know something's being recorded here.

[A]

But the key is that These new camera AirPods won't require a new behavior or lifestyle like the Apple Vision Pro headset did a couple years ago.

[B]

Wearing AirPods is already part of your daily routine.

[A]

So these new AI AirPods are an AI wearable. And Jack, who is leading in the

[B]

category right now for AI wearables, it's the Meta Ray Ban sunglasses.

[A]

But pause the pod Jack. Cause there is one particular problem with the Meta Ray Ban smart glasses.

[B]

The videos that are being recorded on those glasses and you don't even know about it, you'll be surprised when they get posted on Instagram.

[A]

On the other hand, video from these camera AirPods never will end up on Instagram.

[B]

Nick, have you heard about the disturbing reports that Meta employees are able to snoop in on Meta Ray Ban wearers and see the footage that they're Seeing with their sunglasses.

[A]

Are you talking about, like a peeping Tom situation going on in Menlo Park?

[B]

That's happening at Meta, but it better not happen with Apple because of our takeaway.

[A]

Jack, what's the takeaway for our buddies over at Apple?

[B]

Apple must avoid the surveillance ick. Yetis.

[A]

Remember back on April 1st, we covered Apple's 50th birthday. We said that to win the next 50 years, Apple must solve privacy in the age of AI.

[B]

Well, these cameras that don't actually record video or photos that you can't actually look at, only Siri can. This is aligned with that prediction.

[A]

You see, China's already using AI for surveillance. Our government probably is too. And our private companies definitely are doing that kind of AI surveillance.

[B]

But Apple is the brand that's powerful enough. It's best suited to fight mass surveillance. And it would be lucrative if they could succeed.

[A]

And that's why when Apple finally launches these, it'll include a new name to describe the cameras.

[B]

Apple's been pretty good at trademarking privacy and security features.

[A]

Face id, touch id. There's some pretty solid Apple copyrights right there, man.

[B]

Cameras that inform your AI but are also protecting the privacy of the people around them. That's a technology that needs its own Apple trademark.

[A]

Oh, it does. Like Jack, they could call these Apple Insight clean. One word implies understanding rather than watching.

[B]

Or my favorite favorite, they could be called context lenses, not contact lenses. They're just for context for the AI assistant.

[A]

I see what you did there, besties. Apple should trademark anti surveillance privacy because it must avoid the surveillance ick. For our second story. While Nike struggles, one surprise brand has rebounded more than any other. It's Reebok.

[B]

Reebok is back because of Shaq, Allen Iverson and 17 FaceTime calls to Angel Reese.

[A]

Oh, besties, you already know Nike pulled a hammy. The Stock is down 75% from its all time high.

[B]

Pulled a hammy, Nick. They ruptured their Achilles.

[A]

Yeah, it's true. Now they've tried to come back. Like Nike launched a puffer jacket for the Winter Olympics and a Kirkland branded Costco shoe that was really cool.

[B]

And of course, they replaced their CEO. And yet, sales for Nike have continued to slump.

[A]

And yes, you already know that upstarts like on and Hoka have jumped into that Nike void, including New Balance as well.

[B]

But leading the pack is actually Reebok.

[A]

Reebok is back, baby. Reebok is putting up numbers like a young Allen Iverson. Yes, we wore his Reebok basketball sneakers. Growing up as you did too, Reebok

[B]

sales surged from $1.8 billion in 2020 to $5 billion in 2023 to an estimated six and a half billion this year.

[A]

Now, Yeti's, the owner of Reebok today, is a private company, so we don't have the best visibility on like all the numbers right now.

[B]

But that six and a half billion in annual sales this year, that would make it twice as big as on and Brooks. It would make it bigger than Hoka and Under Armour, and it would make it 2/3 as big as New Balance.

[A]

But besties, here's what Jack and I find fascinating. Jack, how would you describe Reebok's business history in one sentence, if you will?

[B]

It's like a late blooming athlete who spent years playing overseas, but now has come stateside and is like competing for MVP.

[A]

You see, Reebok actually began back in 1895 in England.

[B]

It was a British sporting goods company that stuck spikes onto shoes for the first time.

[A]

Then in 1958, that company launched the Reebok brand and the original logo was

[B]

just the word Reebok plus a British flag.

[A]

Then Reebok became part of Adidas from 2005 to 2021, and now it's part of a company called Authentic Brands.

[B]

Authentic Brands buys and tries to resurrect fallen Hazbin brands.

[A]

Authentic Brands owns Brooks Brothers Forever 21, Juicy Couture, Aeropostale, Sports Illustrated, Nine west, and four dozen more brands that you kind of forgot about.

[B]

But when they acquired Reebok, their first move was to bring on Shaquille o' Neal as co investor and co owner of the Reeboks brand.

[A]

And since then, they've been building a dream team for Reebok because then they

[B]

hired Reebok lifer Allen Iverson to be the VP of basketball for Reebok.

[A]

Now, as Jack and I dove in T boy style, we noticed both of these hires, both of these moves are

[B]

both iconic and ironic because in 1998, Shaquille O' Neal got a $40 million endorsement offer from Reebok during Reebok's basketball prime. But Shaq rejected it.

[A]

And yet here he is a couple decades later, now basically running Reebok.

[B]

Also, Allen Iverson, he got the most insane sneaker deal you've ever heard of. And he got it from Reebok 25 years ago.

[A]

Because when Iverson signed with reebok back in 2001, he got a deal to be paid 800 grand a year for the rest of his life plus 32

[B]

million randomly on his 55th birthday.

[A]

Do you see where this is going? Besties? Now, these former NBA rivals who competed

[B]

in the NBA Finals the first year of this Reebok deal for Iverson, are

[A]

now teaming up to run Reebok.

[B]

Now, looking at the X's and O's, strategically, they're targeting where Nike and Adidas have not targeted.

[A]

Right? Like, instead of established male stars, they're meeting with high schoolers and women instead.

[B]

One recent win for Reebok, they signed the WNBA star Angel reese after Shaq FaceTimed her 17 times.

[A]

No joke. Shaq literally kept calling her until she would do the deal.

[B]

Reebok has gone from 19th century British royal cleat to failed asset under the German conglomerate Adidas.

[A]

Okay.

[B]

To Shaquille o', Neal, Allen Iverson dream team.

[A]

Keep going, Jack.

[B]

To surprise Gen Z, female cult favorite.

[A]

Oh, and did you see what Angel Reese wore to the Met Gala last week? Jack Reeboks. The Reebok kick. So, Jack, what's the takeaway for our buddies over at Reebok?

[B]

Let em cook.

[A]

Yetis. Three out of four acquisitions fail. We told you that before. And this Adidas deal with Reebok, we counted as one of them.

[B]

Because in an acquisition, the buyer is like the coach and the seller is like the player.

[A]

And back when Adidas owned Reebok, they basically overcoached him. They misunderstood Reebok's talent and put him in the wrong games, the wrong situations.

[B]

Adidas pivoted Reebok's focus into niche categories like cross training and CrossFit, while neglecting the more mass market basketball and running sneakers.

[A]

And the result? Well, sales of Reebok fell 65% under Adidas.

[B]

Reebok was crushing it with the CrossFit crowd. But that's just not big enough to pay the bills.

[A]

Okay, but then Authentic came in and they let Reebok play.

[B]

Reebok's new owner brought on Shaquille o' Neal and let him do what he wanted to do. Like Facetime angel re 17 times if he has to.

[A]

You see often, besties, when acquisitions fail, it's not the player, it's the coach.

[B]

But like Larry Brown did with Allen Iverson on that epic 76ers run in 2001. Yeah, authentic brands is letting Shaq and Reebok play.

[A]

Let him cook. Now, a quick word from our sponsor. Top hats. Baseball hats. Von Dutch hats. We wear so many hats on this podcast. Honestly, we're not great at all of them.

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All right, Yetis. You may not notice this from Jack's voice, but he's become a nocturnal foam roller, haven't you? Jack?

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Definitely don't notice that from my voice, but I will tell you that every morning I wake up with an uncomfortable back of my neck situation. So I preemptively foam roll to try to fix my bad neck. I know I'm gonna have.

[A]

Yeah, we record this podcast standing up. It's a standing pod. We can't afford, like, a nasty neck situation, Jack, but there's definitely a better

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solution to my preemptive foam. How about a Leesa mattress?

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Yeti Spring is the time to upgrade. And how about that thing that you spend a third of your life on?

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So with my new Leesa mattress, I sleep on my back and my neck crankiness is gone.

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Yeah, we both got these things. But first we picked it out after completing a short survey on Leesa.com because

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Hey, you take the sleep quiz from Leesa and you get recommended a mattress in two minutes. It's like talking to your therapist.

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for our third and final story, it's the DIY economy gone wrong. Whirlpool just revealed that you've been fixing your own washing machine.

[B]

And that's kind of crack in Whirlpool's appliances. Hints at a much bigger crack, doesn't it, Nick?

[A]

Refrigeration, Jack. Not that exciting in industry, actually.

[B]

But the thing that's sexy about owning Whirlpool stock, it's that they've paid a dividend for 70 straight years.

[A]

Bestie's Whirlpool IPO'd back in 1955 as every American house got their first fridge, their first oven, their first dishwasher, and their first laundry.

[B]

And every year since that 1955 IPO, Whirlpool has sent a check to each shareholder. It's their share of profits that is the dividend.

[A]

But Whirlpool announced last week they're suspending that dividend.

[B]

They're ending their 70 year epic streak that makes every boomer proud for the very first time.

[A]

So Jack, the main reason why Whirlpool, which also owns Maytag, is struggling right now.

[B]

Foreign competition from lg, Samsung hired tariffs were not enough to help this Made in USA appliance.

[A]

But Jack, the flaw that broke the dividend's back in this situation. What is it?

[B]

It's that you fixed your washing machine with some DIY video you saw on YouTube.

[A]

You see Yeti's Whirlpool sales fell 10% last quarter. We'll explain why in a sec. But really, it's the DIY economy.

[B]

Get this. The one division at Whirlpool that actually grew last quarter is emblematic of Whirlpool's problem.

[A]

It's the spare parts and repairs division.

[B]

Instead of buying a new washing machine, which Whirlpool obviously wishes you would do, we're grabbing our scre screwdriver to fix the old one. Now increased diy. That sounds fun, it sounds resourceful, and it's a good way to save money. But it's driven by something concerning.

[A]

To quote Whirlpool's CEO summarizing their first quarter. How did he put it?

[B]

Here's what he said. The quarter was defined by quote unquote, rapid deterioration of the macro environment caused by quote unquote consumer sentiment plunging to the lowest level on record.

[A]

The CEO specifically said that sales began plunging when the war in Iran began.

[B]

Whirlpool showed a slide that spent spending on appliances by Americans fell by 10% in the month of March. That's a huge drop matching the record drop set in the year 2008.

[A]

So Bessie's add it all up and Whirlpool can't afford to continue its 70 year dividend streak any longer.

[B]

Because we're buying appliances like we bought appliances during the Great Recession of 2008.

[A]

And now the stock is down 82% since 2021.

[B]

But Nick, this crack in the refrigerator door is like the first crack in the consumer.

[A]

There's no Phillips head that could fix that. So, Jack, what's the takeaway for our buddies looking at Whirlpool?

[B]

Your appliances are better economists than most economists.

[A]

Yet you see, appliance purchases are one of the most reliable leading indicators of economic health. Jack and I look at them and study them.

[B]

And a critical reason why is that consumer spending drives 70% of America's GDP. So if consumers stop spending, that's a leading indicator for what's coming to our economy.

[A]

You buy a new oven if you move an upgraded one, if you get married and you replace one if your old oven dies.

[B]

But Whirlpool's earnings show that none of those things are happening right now. Now we're not moving to a new house, we're not getting married, or we're making do with the broken old dryer by fixing it.

[A]

Jack. All that are early signs that the economy not in the best place.

[B]

Headline GDP numbers are still growing, we should say. And corporate earnings just hit a record high. But both of those are thanks to the AI splurge by tech companies over

[A]

in the rest of the economy. This Whirlpool problem reveals an American household problem.

[B]

Whirlpool's CEO called it a rapid deterioration of the macro environment.

[A]

Yeah, can you translate the that CEO speak for us, Jack?

[B]

That's CEO for we're in a recession. But I legally can't say. So,

[A]

Jack, could y' all whip up the takeaways for us to kick off the week?

[B]

Apple is reportedly on track to launch this fall AI AirPods with cameras that help Siri see.

[A]

But to win the era of AI, Apple must fight surveillance. Fight the surveillance. Ick.

[B]

For our second story, Reebok sales have more than tripled in five years. They're nearly as big as New Balance now.

[A]

Yeah, because Reebok's new owner, Authentic Brands, is letting Reebok and Shaq play. They're basically letting them cook.

[B]

And our third and final story is Michigan's Whirlpool. They sadly ended their 70 year streak of sending dividend checks to shareholders because

[A]

consumers are DIY in their busted ice machines, and that is a negative leading economic indicator.

[B]

But besties, this pod's not over yet. Here's what else you need to know today.

[A]

First, swipe. Never. Bumble is eliminating the swipe and ending women making the first move in a pivot to AI.

[B]

Look, dating apps are in a major existential crisis as millennials are sick of them and Gen Z doesn't want them.

[A]

Tinder fatigue is set in, so Bumble's pivoting to AI matchmaking in a Hail Mary to save the app.

[B]

Second, the latest company to file to ipo, it's Lime. The E scooter and E bike business wants to go public at a $2 billion valuation.

[A]

Now, Lime's rival Bird declared bankruptcy in 2023 and Uber is an investor in Lime, while Lyft has their own bike and scooter business.

[B]

But there's still the big question. Is micro mobility a scalable business?

[A]

So, besties, keep your hand on the handlebars and comment if you want us to cover this story this week.

[B]

And finally, because Apple totally over promised on Siri a couple years ago, Apple may owe you up to $95.

[A]

Besties, Apple settled a class action lawsuit and is emailing affected people to get the money that you're owed.

[B]

37 million US iPhones, including all iPhone 16s and all 15 pros and 15 pro maxs may be eligible.

[A]

Apple's paying out a 250 million DOL so you could get 25 bucks to $95 TBD. Now time for the best fact yet. Which because we're kicking off the week, means some T boy trivia. Jack, what do we got?

[B]

On Friday, Sir David Attenborough turned 100 years old.

[A]

That's right. David Attenborough, the British whisper tongued narrator of every major nature show.

[B]

Planet Earth. Yeah, that wonderful soothing voice describing the blue whales blowing through their blowholes. That was David Attenborough.

[A]

Yeah, he's actually been knighted twice and has multiple animals. Animals named after him. But here is our T boy trivia question.

[B]

Who is David Attenborough's brother?

[A]

Because this is wild.

[B]

David Attenborough's brother is Richard Attenborough.

[A]

Okay.

[B]

Who played John Hammond in Jurassic Park. The guy who built Jurassic park and spared no expenses.

[A]

Attenborough, the real life naturalist. His brother is the fake naturalist in Jurassic park who almost destroyed the world.

[B]

We hope he lives for AN UPPER Another 100 years.

[A]

Jack, you are looking fantastic to kick off the week. Yetis, you are glowing over there.

[B]

And even though it's not my 100th birthday, I would love if you shared on Instagram why you love the show to help your friends. Hyh TVOI if you got a buddy

[A]

you need something to listen to for the next hour while they're fixing their washing machine, send them the best one yet. H y H T V O I

[B]

Nick and I we'll see you tomorrow.

[A]

If you know, you know. And before we go, Happy birthday to legendary yeti Neil Parth turning four years old in Redmond, Washington. He's been a yeti for two years, already knows about AI bubbles and profitable

[B]

Happy birthday to Erin Raul in Foxborough, Massachusetts. Richard got her onto the show five years ago and they're a couple who t boys together.

[A]

And Nate House. Happy 34th birthday over in Truckee, California.

[B]

Happy 32nd birthday to Fahima Syed in Newark, California.

[A]

And Scott Strathman. Happy birthday down in Lovely, New Mexico.

[B]

Happy birthday to Taylor in Bozeman, Montana

[A]

and Azizi Williams driving on the 101 for the legendary birthday.

[B]

Happy birthday to Lance kay in Tribeca,

[A]

N.Y. and belated birthday to Stuart turning 33 and celebrating with Sonny and AJ on their first family trip together down in South Carolina.

[B]

And happy 25th birthday to Rachel Tanawajaja in Jakarta, Indonesia.

[A]

And Hirsch Jada is graduating from Duke with an executive mba. Congratulations, Hirsch.

[B]

Happy three year wedding anniversary to Roxie Bartholomew. And to anyone else who's celebrating something, make it a t boy.

[A]

Celebrate the wins. This is Jack.

[B]

I own stock of Amazon and Bumble. Nick owns stock in Nike and we both own stock in Apple. The drop by gnc yetis the wellness space.

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It moves fast. Every day an influencer is pumping some new product which is ironically named pump product and it'll get you huge even

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