👵🏽🥡 “Silver Swipers” — DoorDash’s grannie growth. Softbank’s Nvidia ghosting. Italy’s Tortellini tariff. +McRib Bitcoin

Summary

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The Best One Yet – Episode Summary

Episode Title: 👵🏽🥡 “Silver Swipers” — DoorDash’s grannie growth. Softbank’s Nvidia ghosting. Italy’s Tortellini tariff. +McRib Bitcoin
Date: November 12, 2025
Hosts: Jack Crivici-Kramer & Nick Martell
Podcast: The Best One Yet (Nick & Jack Studios)

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Overview

In this vibrant, fast-paced episode, Nick and Jack break down three major business stories of the day:

1. DoorDash’s unexpected growth driven by senior citizens — dubbed “Silver Swipers”
2. SoftBank’s dumping of its entire Nvidia stake to double down on OpenAI
3. A whopping new U.S. tariff targeting Italian pasta — the “Tortellini Tax”
   The show also mixes in signature TBOY banter, quirky economic indicators (like the McRib effect), and fresh takes you can claim as your own at breakfast.

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Key Stories and Discussions

1. McRib Economic Indicator & Bitcoin Booster

Timestamps: 02:03 – 04:01

• McDonald’s McRib returns — which, amusingly, has tracked with booming financial markets.
• Nick and Jack discuss a Wall Street analysis: On days when the McRib is on the menu, the S&P 500 rises 0.9% (compared to 0.3% when it isn’t).
  • “That difference of just 0.6% is only the daily returns, right, Jack? If we annualize that difference, stocks would rise 19 percentage points more a year if the McRib was permanently on the menu.” — Jack (02:53)
• Crypto twist: Last McRib era coincided with Bitcoin topping $100,000, prompting speculation of a “McCrypto correlation.”
• Signature humor:
  • “If you want to boost the economy, just get Jamie Dimon to order a million McRibs.” — Jack (03:16)
  • “This ain’t financial advice. It’s financial advice. Your portfolio. You may want some fries with that.” — Nick (03:54)

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2. DoorDash’s Senior Surge: “Silver Swipers”

Timestamps: 06:48 – 11:11

• DoorDash is the fastest-growing U.S. brand, according to Morning Consult, but growth is fueled by Baby Boomers, not Gen Z or Millennials.
• The economics of “Silver Swipers”:
  • Independence: Delivery apps offer aging Americans convenience and sustenance at home.
    • “Ordering through a phone keeps Grandma young.” — Jack (08:44)
  • Boomers’ wealth: Retired folks with disposable income are less bothered by hefty delivery fees.
    • “Grandpa’s monthly 401k distribution doesn’t mind. It’s fee tolerant.” — Nick (08:52)
  • Comfort: Single, often widowed Boomers use DoorDash for emotional connection and nostalgia.
    • “The ability to get their favorite food...was providing emotional support.” — Nick (09:10)
• The twist: DoorDash doesn’t seem to realize its core growth is 55+; no mention of seniors in recent earnings calls or targeted advertising.
  • “Tech’s biggest blind spot and its biggest opportunity is silver swipers.” — Jack (10:10)
• Analysis: Broader industry ignores older users, focusing on youth despite Boomers being tech’s most “underserved gold mine.”
  • “Now, Yetis, you’ve heard of the Silver Tsunami… [Boomers] will need functional tech more than anybody else, but they're the least likely to already be using tech.” — Jack (10:15)
  • References to Lyft Silver and lack of old-age representation in tech.

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3. SoftBank’s Nvidia Exit & the AI “Barbenheimer” Finance

Timestamps: 11:11 – 15:19

• SoftBank, the famed backer of WeWork, sold its entire $5.8 billion Nvidia stake.
  • Not due to lack of faith but to fund its moonshot partnership with OpenAI and the $500 billion “Stargate” data center project.
    • “SoftBank's been dating two people, but can only afford to take one of them out for dinner dates these days.” — Nick (12:32)
  • AI infrastructure is a relentless cash furnace; SoftBank had to choose.
    • “To pay for OpenAI’s data centers, Masa is selling Nvidia at a huge gain.” — Jack (13:11)
  • Comparison: AI scale of spending dwarfs anything in U.S. history.
    • “This build-out of AI data centers, it is more expensive than any project in American history… more expensive than the railroads, the interstate highways, electric power lines.” — Jack (14:12)
  • Creative, convoluted finance: Equity, debt, subsidies, government backing, Oracle’s 50-year bonds.
    • “Wall Street is going full Barbenheimer. It’s blending all worlds.” — Nick (15:06)
  • Big idea: Even the deepest pockets have limits; “finance is finite.”

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4. “Tortellini Tariff”: U.S. Slaps 107% Import Tax on Italian Pasta

Timestamps: 17:07 – 20:53

• New U.S. anti-dumping tariff: 92% on Italian pasta, escalated by an additional 15% EU import tariff.
  • “Prince” (an Italian-American brand) successfully argued Italian companies were “dumping”—selling at below-market rates.
  • “Italian pasta brands are selling at money-losing prices just to hurt the American competition.” — Nick (18:05)
• Broader context: Not all tariffs are equal
  • “Product specific” (based on trade law, probably constitutional) vs. “country specific” (Trump’s larger, sweeping tariffs, legally tenuous).
    • “The Supreme Court will probably keep product tariffs, but cancel the country ones.” — Jack (20:53)
  • Big impact: Authentic Italian pasta may be rare (or double the price) in U.S. stores soon.

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Notable Quotes & Moments

• On DoorDash’s senior surge:
  • “Sit down. Stand up. And sit back down again. Because senior citizens are the fastest growing DoorDash users, apparently.” — Nick (08:13)
• On how tech targets youth:
  • “Maybe it’s because tech companies don’t employ any old people. It’s a blind spot for them.” — Jack (10:49)
• On SoftBank’s spending:
  • “Sam Altman’s version of crazy—it’s a whole different magnitude. Sam Altman says he has commitments for $1.4 trillion.” — Jack (13:44)
• On the 'Barbenheimer' analogy for AI finance:
  • “To pay for all of this, investors are blending every financing type there is out there.” — Jack (14:26)

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Timestamps for Key Segments

• 02:03 McRib economic indicator & Bitcoin boost
• 06:48 DoorDash’s Boomer-fueled surge (“Silver Swipers” deep dive)
• 11:11 SoftBank sells Nvidia, goes all-in on OpenAI (“Barbenheimer” financial arms race)
• 17:07 U.S. slaps 107% tariff on Italian pasta (“Tortellini Tax”)
• 20:53 Legal breakdown: why the Supreme Court might cancel most Trump-era tariffs

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Running Gags, Tone, and Language

Nick and Jack’s tone is lightning-fast, irreverent, and always rooted in genuine curiosity.

• Frequent playful banter, example:
  • “Mom, your password. I need your password for Uber.” — Jack (10:57)
• Pop culture references (“Barbenheimer” for AI finance, Jamie Dimon ordering McRibs).
• “Besties” and “Yetis” — affectionate nicknames for listeners.

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Memorable Fact-Lets & Listener Callouts

• "Best Fact Yet": Walmart’s original customer service “10 foot rule” (origin story for Target’s current strategy) — complete with cringe-inducing measuring stickers.

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Final Takeaways

• DoorDash’s Boomer growth is tech’s biggest blind spot and opportunity.
• AI infrastructure is so expensive it's forcing even the biggest investors (SoftBank) to choose sides, using all forms of creative financing.
• The “Tortellini Tariff” exposes the legal and economic complexities of U.S. trade wars, with the Supreme Court set to rule soon on their future.

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This episode is quintessential TBOY: fast, friendly, witty, and packed with insights you’ll be quoting all day.

Transcript

[A]

This is Nick, this is Jack.

[B]

It's Wednesday ceviche Wednesday, November 12th, and today's pod is the best one yet. This is a T boy.

[A]

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

[B]

Jack, can I just talk about the best feeling in the world?

[A]

I would love to hear this. Go ahead.

[B]

You know, we always say the Yetis are everywhere out there. Well, two years ago we did our live show in San Francisco and one Yeti took a photo with us and she posted on Instagram. One day we'll be on T boy. Do you remember that?

[A]

I mean, yeah, there were a bunch of people at the San Francisco show.

[B]

Oh, you don't remember that? I mean, take a lot of photos.

[A]

Take a lot of photos.

[B]

Well, yesterday we covered her company, One Skin. The co founder, Alessandra. She was at our show two years ago.

[A]

Yeah. No way. Yeah.

[B]

And she said one day we'd cover her and boom, we covered her big company on the pod. How wild is that?

[A]

We were just talking about those PhD founders of that skincare company I know from Brazil.

[B]

Well, insane. Congratulations on all the success, Alessandra.

[A]

Like we like to say, there's a Yeti or a bestie at every company.

[B]

And if you're building something out there, one day, we hope to cover your company too. Jack. Let's hit today's pod. What do we got for the three fantastic stories?

[A]

For our first story, Softbank, the famous WeWork loving venture capital firm, just sold its entire $6 billion stake in Nvidia.

[B]

Because SoftBank is ditching one AI lover to hook up with another.

[A]

For our second story, in the ranking of fastest growing brands, DoorDash is number one right now.

[B]

Yes, it is.

[A]

But it's thanks to your nana.

[B]

That's right. Senior citizens are driving a doordash surge. But Doordash doesn't even realize.

[A]

Third and final story. The next time you hit the grocery store, there may be no Italian pasta in aisle six.

[B]

That's right, because Italian pasta is about to get hit with the biggest tariff of all, 107%.

[A]

So we gotta talk about the tortellini tax.

[B]

Que penci de cuesto e tortellini tortelievi. But Yetis, before we hit that wonderful mix of stories. Fantastic mix of stories. Love the mix today, Jack. The McRib. Yes, the questionable meat has been on.

[A]

And off the McDonald's menu since 1981.

[B]

Farewell tours, dramatic returns. And guess what? The McRib just came back this week.

[A]

But did you know that this pork sandwich comes with pickles, onions and Financial returns.

[B]

Because there's no better economic indicator than if the McRib is on the McD's menu.

[A]

We covered this story the last time McRib was on the menu. We did. We did. A Wall street analyst named Nick Maggiuli ran the numbers on this correlation.

[B]

Jack, why don't you sprinkle on a bit of the saucy context.

[A]

Since 1981, on days that McRib is not on the menu at McDonald's. McDonald's, the S&P 500 only rises by 0.3% on average.

[B]

But on days the McRib is on the menu, stocks rise 0.9% on average.

[A]

That's some drive through diligence and some wild conclusions.

[B]

Because that difference of just 0.6% is only the daily returns, right, Jack?

[A]

If we annualize that difference, stocks would rise 19 percentage points more per year if the McRib was permanently on the menu.

[B]

Voila. And we call that the McRib effect.

[A]

So if you're looking for a buy signal, well, yesterday the McRib hit the menu again.

[B]

Yes, it did. And we linked to that report in the show Notes and on Instagram.

[A]

If you want to boost the economy, just get Jamie Dimon to order a million McRibs.

[B]

Hey, Goldman Sachs, time to make Ronald your new CEO.

[A]

But plot twist. Apparently this correlation crosses financial assets.

[B]

That's right, because crypto bros are now drooling over the McRib, too.

[A]

Because McRib is a Bitcoin booster and history proof.

[B]

The last time McRib was on the menu was the first time Bitcoin passed 100,000 bucks.

[A]

In fact, a McDonald's senior marketing director just tweeted about this McCrypto correlation.

[B]

So Yetis, add it all up. And this is not financial advice.

[A]

But as conspiracy TikTok loves to say, yeah, there's no such thing as coincidences.

[B]

If true. Huge. This ain't financial advice. It's financial advice. Your portfolio. You may want some fries with that. Jack.

[A]

Let's hit our three stories.

[C]

Fifteen years before this song Two boys from the northeast met in a dorm they had an idea to cause a cultural storm it's the best one yet. But the best is the norm. Jack. Nick, that's it. I don't even think they need to practice. 50%. That's a fat tip. T boy city on your at Liz. If you know, you know. Cause we read to go we can't wait no more so just start the.

[B]

Show.

[C]

Start the show, Start the show.

[B]

The show. First, a quick word from Our sponsor.

[A]

This show is brought to you by Better Help Yeties.

[B]

You know what time of year it is? It ain't engagement season. It's postponement season.

[A]

Not like postponing your wedding. We're just talking about postponing a social event.

[B]

Yeah, like days getting shorter, air's getting colder, you're taking a rain check.

[A]

Winter is coming. It's the time of the year that people start to get disconnected from friends.

[B]

Okay? But then when you do finally meet up with your buddy Timmy and your friend and it's exactly what you needed, and you think, why didn't I do this sooner?

[A]

And for us, that's what starting therapy was like.

[B]

That's right. Jack and I are in way better control of our feelings. We know ourselves much better today than we did five years ago in our pre therapy era.

[A]

Well over 5 million people worldwide have chosen BetterHelp to start therapy with over 30,000 therapists on that single platform.

[B]

Jack, you can't postpone those numbers this month.

[A]

Don't wait to reach out. Whether you're checking in on a friend or reaching out to a therapist yourself, BetterHelp makes it easier to take that first step.

[B]

And our listeners, you, you get 10% off your first [e-mail] tboy that's BetterHelp.

[A]

H E L P.com t Boy, I recently got a booking request from somebody who said, I'm a 75 year old professor from Michigan. Me and my academic pals are having a ski trip. I love your place. Lovely.

[B]

So what'd you say back? You write back to the guy.

[A]

I responded that I went to the University of Michigan for two graduate degrees. Nick. It turns out he did too. In fact, we worked in the same econ department when I was a TA there.

[B]

It's a match made in platform history.

[A]

Man, this guy hasn't arrived yet. But I love these personal connections I've made as a host on Airbnb.

[B]

And Besties. We've told you that your place is probably perfect for someone else to stay at as well.

[A]

We haven't told you about the wonderful human interactions you can have as an Airbnb host like mine with this 75 year old PhD who loves the Michigan Wolverines as much as I do.

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Yeah. It just feels good knowing that while you're making money, someone else is enjoying your place too. And you got a connection.

[A]

Hosting on Airbnb can provide you with another income stream and another source of life satisfaction, whether you're a Wolverine or a Buckeye.

[B]

Besties. No joke. Jack's very satisfied.

[A]

Your home might be worth more than you think. Find out how [e-mail] host.

[B]

For our first story. The fastest growing brand right now, it's doordash. But it's growing fastest among boomers.

[A]

It's proof that senior citizens are the next big opportunity for tech. We call them silver swipers.

[B]

Sorry, one sec, Jack. Yeah. Did you want rice with that, Grandma? Okay. Yes. Yes, she does. All right, besties. Now, every year, we all drool over the big publication of one particular report.

[A]

The Fastest Growing Brands report from Morning Consult.

[B]

Yeah, Morning Consult. This is basically a popularity contest for marketers, right, Jack?

[A]

It measures growth in purchase intent from America's biggest brands.

[B]

And what is purchasing intent exactly, Jack?

[A]

Basically, how many Americans are buying considering, buying or engaging with a brand compared to last year?

[B]

Okay, so you're telling me it's a click measuring contest. That's. That's what it is. Now, interestingly, in the report, it said that people earning over 100,000 bucks for them AI brands are jumping in the rankings.

[A]

ChatGPT and Google's Gemini are numbers one and two in the fastest growing brands.

[B]

But for Americans making under $50,000, there are zero AI brands that they're using right now.

[A]

For people at that income level, they're just trying to save a buck or two with Fruit of the Loom or a discount tire brand.

[B]

Okay, but here was the one shocking surprise. The fastest growing brand overall is DoorDash, the delivery app.

[A]

And the bigger surprise is it's not driven by millennials or Gen Z ordering late night noodles. It's driven by baby boomers.

[B]

Sit down. Stand up and sit back down again. Because senior citizens are the fastest growing doordash users, apparently.

[A]

Boomer burritos, old people, Pad Thai. Nana wants an empanada.

[B]

So Yeti's Jack and I call this demographic the silver swipers and old people making doordash hauls.

[A]

They happen for more reasons than you realize.

[B]

The first reason is independence. Right?

[A]

It's harder to cook as you age, and you're less likely to dine out at Dorsea as you age.

[B]

So delivery apps are the new lifeline for food. Ordering through a phone keeps Grandma young.

[A]

The second reason is high disposable income boomers. They're in their retirement era and they have enormous, historically enormous wealth.

[B]

Yeah, Millennials cut Chipotle out because of the 30% delivery fee, but Grandpa's monthly 401k distribution doesn't mind. It's feed tolerant.

[A]

And the third reason? Boomers love DoorDash is the comfort. Interestingly, the biggest doordash boomer power users were single boomers.

[B]

Yeah, it's actually sad to think about, but we're talking about divorced, widowed, living alone boomers. The ability to get their favorite food that was providing emotional support.

[A]

Their husband or wife used to make spaghetti meatballs. Now they get it through DoorDash. And that's a nice thing to think.

[B]

Yes, it is. But besties. As Jack and I dove in t boy style to the data, we did have one outstanding question right, man.

[A]

Is DoorDash aware that their fastest growing user is 55 and older?

[B]

Because Jack and I checked the last four earnings calls from DoorDash in the last year and no mention of senior citizens in those.

[A]

Jack, 10,000 boomers are turning 65 years and retiring every day and they all eat three meals a day.

[B]

So why haven't we seen like a DoorDash ad on cable TV lately during.

[A]

Football games or an AARP or sponsoring the local bingo event or pickleball. Whatever.

[B]

Or Golden Girls. Either way, we want to see it. DoorDash. So, Jack, what's the takeaway for our buddies? All in big Tech's blind spot and.

[A]

Its biggest opportunity is silver Swipers.

[B]

Now, yetis, you've heard of the Silver Tsunami, the huge economic shift as boomers.

[A]

Retire and this population of 73 million Americans. They will need functional tech more than anybody else. But they're the least likely to already be using tech.

[B]

Dinner for grandma. She should be on DoorDash. Shampoo for grandpa. He should be on Instacart.

[A]

Creative inspiration for old Uncle Carl. He could become a pin dude.

[B]

He should be pinning all day.

[A]

Jack.

[B]

In fact, Jack, remember we interviewed the Lyft CEO last week and he said their new service for seniors is like a huge success.

[A]

Lyft Silver. And yet the rest of tech seems to ignore senior citizens. Maybe it's because tech companies don't employ any old people. It's a blind spot for them.

[B]

Maybe it's because they assume we're just going to tell our parents what apps are cool and fun to use right.

[A]

Now, which we do. But they shouldn't put all their eggs in that basket. No, no.

[B]

Mom, your password. I need your password for Uber.

[A]

Either way, this brand data on DoorDash shows tech's biggest blind spot and its biggest opportunity is silver swipers.

[B]

For our second story, Softbank just announced their biggest sale ever of the best stock ever. And it reminds us of Barbenheimer.

[A]

SoftBank sold $5.8 billion of their Nvidia stock, which is all of their Nvidia stock, because the AI race is simply running out of money.

[B]

Oh, besties. In case Adam Neumann is listening, Jack, how about we kick off this story with Masa?

[A]

Masa? Masayoshi san is the eccentric billionaire CEO of SoftBank, a Japanese venture capital firm.

[B]

I'm sorry, Jack. Adam is definitely listening. Well, Masayoshi san is known for empowering the rise of WeWork. And he was a supporting character in We Crashed.

[A]

SoftBank lost a ton of money on its catastrophic WeWork investment.

[B]

$14 billion to be exact. Two lifts.

[A]

But in the last five years, Masayoshi has sipped some spa water from WeWork, dusted off those losses, and moved on.

[B]

Yes, he has. And the world's biggest venture capital firm just shockingly announced their latest move. They sold all their Nvidia.

[A]

Now, not because SoftBank doesn't like Nvidia. Nvidia is the best stock of all time. It's the first company ever worth $5 trillion.

[B]

No, no, no, no, no. SoftBank is selling Nvidia because they have.

[A]

OpenAI. And SoftBank can only afford one lover right now.

[B]

Basically, SoftBank's been dating two people, but can only afford to take one of them out for dinner dates these days.

[A]

Because AI is such a ridiculously expensive dinner date.

[B]

Oh, yeah. AI High maintenance. High maintenance, Jack.

[A]

Basically, what we're trying to tell you, Eddies, is that Sam Altman is the.

[B]

New Adam Neumann because he's also an eccentric founder. And Masa is all in on him, baby.

[A]

In January, Masayosha san was at the White House with Sam Altman and Larry Ellison announcing. Announcing a $500 billion data center project.

[B]

It's huge. It's called Stargate. We covered it on the pod. And payment for that huge data center is due now.

[A]

So Masa is selling Nvidia at a huge gain to pay for OpenAI's data centers.

[B]

It's basically like OpenAI asked for a really nice ring. And Masa can only afford the jewelry store if he stops dating Nvidia.

[A]

But, Nick, this also leads to a way bigger takeaway. AI is a cash burning bonfire.

[B]

And, Jack, we are running out of wood to keep that fire burning, man.

[A]

Because besties. Adam Neumann's version of crazy was measured in billions of dollars to build out new office buildings.

[B]

Okay, but Sam Altman's version of crazy, it's a whole different magnitude.

[A]

Sam Altman says he has commitments for $1.4 trillion to build out his data center empire.

[B]

We repeat, trillions of crazy. Not Billions of crazy. So Jack, what's the takeaway for our buddies?

[A]

Who? Everyone looking at AI to pay for artificial intelligence. Finance is going full Barbenheimer. It's blending all worlds.

[B]

Yetis this build out of AI data centers. It is more expensive than any project in American history.

[A]

The railroads are interstate highways, electric power lines, none of those have the price tag that AI is having right now.

[B]

So to pay for all of this, investors are blending every financing type there is out there.

[A]

We already told you about Nvidia and OpenAI and their circular financing deal. Basically, I'll give you stock, you give me chips. I'll give you money, give me more chips.

[B]

Okay, but we haven't even mentioned Oracle's 50 year bonds. They promise to pay you back in a half a century from now.

[A]

We've been covering business news for like 12 years. We've never heard of a 50 year IOU until now.

[B]

Or Jack, how about OpenAI's CFO who basically asked the US government to be their co signer? They're asking to take on that much debt right now.

[A]

It's all proof that finance is finite. There is a limited number of dollars that can be invested.

[B]

Well put.

[A]

Even the deepest pockets like SoftBank have to sell Nvidia to pay for OpenAI.

[B]

It's a mix of equity debt and government subsidies to build out AI. Wall street is going full Barbenheimer. Now a quick word from our sponsor.

[A]

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[B]

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[A]

No, she's not.

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For our third and final story, 92% tariffs are coming specifically for Italian pasta. That pasta is.

[A]

That is not how I would have said that.

[B]

I leaned into it and that was the correct pronunciation. I stuck the landing.

[A]

And yetis, this tortellini tariff is the perfect store to prepare us for the Supreme Court's huge decisions on Trump's trade war.

[B]

But, Jack, first. I'm sorry, man. I got bad news. For your Friday fusilli parties, you want to give the trade war update day 215.

[A]

Italian pasta will soon get priced out of US grocery stores.

[B]

Why? Well, besties, last year Prince Pasta Company complained that Italian pasta was cheating.

[A]

Now we should point out Prince is an Italian American pasta company.

[B]

Good point.

[A]

It was founded in Boston's North End by Italian immigrants.

[B]

But this. This American company says that 13 Italian. Italian pasta companies are dumping into the US market right now.

[A]

Dumping? They're basically selling at ridiculously low prices and it's hurting the pasta industry.

[B]

Dumping? These Italian pasta brands are selling at money losing prices just to hurt the American competition.

[A]

And the Trump Commerce Department agrees with Prince's complaint. So they just announced that 92% tariffs on Italian pasta are coming starting in January.

[B]

Okay, but Jack. Plus we gotta add on that 15% tariff on all imports coming from the European Union, right?

[A]

Add it all up. We're talking a 107% tax as that fusilli crosses through border patrol besties. The result?

[B]

A major oh for the Olive Garden.

[A]

Now, with this kind of an import tax, 107%, the $770 million of Italian pasta that we import every year is effectively going to come to an end.

[B]

Yeah, if you want authentic Italian pasta, you may not be able to find it in aisle six pretty soon.

[A]

Or if you do find it, it's going to be double the price. Now, what we find fascinating about this story is that the tariffs on Italian pasta are completely different than the rest of the tariffs in this trade war.

[B]

That's right. President Trump is traumatizing Italian pasta because of anti dumping laws.

[A]

And we've actually seen anti dumping laws before. China dumped furniture into America in the 1990s, and it unfairly wiped out the US furniture industry.

[B]

So now we have clear laws, rules and regulations to prevent unfair dumping. And that was passed by Congress.

[A]

But the rest of Trump's tariffs, they're much more legally questionable.

[B]

Which leads to our takeaway, which I'd like served al dente. Jack. So, Jack, what's the takeaway for our buddies following the trade war?

[A]

The Supreme Court will probably cancel some of the tariffs soon. Soon, we'll tell you which ones.

[B]

Yeah, it is. The majority of Trump's tariffs actually fall into two country specific and product specific tariffs.

[A]

The product specific tariffs are the ones on steel, aluminum, copper, lumber. They're all taxed as they enter the United States, regardless of what country they came from.

[B]

And those depend on a law allowing the President to protect us for national security. And those tariffs, they seem safe, but.

[A]

The country's specific tariffs, the ones Trump announced on Liberation Day, the reciprocal tariffs, President Trump had to declare a national emergency to justify those.

[B]

And the Supreme Court will probably pretty soon rule against them. The President can't take Congress power to levy taxes. That'll be their point.

[A]

In fact, prediction markets give a 68% chance that the Supreme Court rules that Trump's country specific tariffs are illegal.

[B]

Oh, and then, Jack, there's a whole separate question as to whether the Supreme Court will require a refund for those tariffs. And there's only a 26% chance of that, actually. But still, same idea.

[A]

So the giant tortellini tariff, it shows there are two types of tariffs in this trade war, Product ones and country ones.

[B]

And any moment now, the Supreme Court will probably keep product tariffs, but cancel the country ones. Jack, could you whip up the takeaways for us for saviche Wednesday?

[A]

Doordash is the fastest growing brand in America in terms of new people buying it.

[B]

And it's driven by silver swipers. The biggest blind spot and the biggest opportunity for tech.

[A]

For our second story, Softbank sold all their Nvidia stock in October to pay for OpenAI.

[B]

Because data centers are so expensive, finance is going full Barbenheimer to figure out how to pay for it.

[A]

And our third and final story, the Commerce Department plans to tariff Italian pasta by 107% in January for breaking anti dumping laws.

[B]

Key word here, laws. Because the Supreme Court will probably say soon that the law does not allow Trump's bigger country specific tariffs.

[A]

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

[B]

First, awkwardness down in Menlo Park. Zuck's chief AI scientist is reportedly leaving to start his own AI startup. He's kind of Zuck and Zuck.

[A]

Reminder, Zuck offered $100 million bonuses to snag his top AI talent.

[B]

But apparently money can't buy happiness or an AI engineer these days, Jack.

[A]

Because now the top dog at Zuck's AI team is pulling a Michael Scott. Although he's not launching a Michael Scott Paper Company.

[B]

He's launching Michael Scott AI Company and 2nd MLB. Major League Baseball was rocked this week by a betting scandal and they already are moving to stop it.

[A]

Two pitchers on the Cleveland Guardians threw wild pitches that were obviously thrown on purpose.

[B]

I mean, come on, guys, come on, be subtle about it.

[A]

Because according to the FBI, they threw those wild pitches because they made bets on the side.

[B]

So Major League Baseball is restricting the ability to bet on single pitches because it's hurting the integrity of the game.

[A]

And finally, the Christmas tree is officially up in Rockefeller center just in time for me not being there anymore.

[B]

Yeah, it's a 75 foot tall Norway spruce. The tall, growing, symmetrical tree that really is a good fit for the role. They're mostly typically Norway spruces.

[A]

This tree was grown in upstate New York, though, not Norway. And the family that grew this tree doesn't get paid for it. The tree is a donation to Rockefeller Center.

[B]

Okay, but here's the problem. Since Rockefeller center is owned by Tishman Speyer Real Estate Corp. Not a nonprofit, this isn't even a tax deductible donation.

[A]

They might get brownie points with Santa Claus. Yeah, but honestly, I feel like they should get paid.

[B]

Could throw a bone or two. Now, time for the best fact yet. This one, sent in by Raj Shankaran from our T boy Slack channel, the pop Biz News Club.

[A]

We dropped the link in the show notes if you want to join. By the way, Raj is a former Walmart corporate gal.

[B]

Okay, so here's the deal. Yesterday we told you about the forced fun over at Target with their new 104 strategy.

[A]

You gotta smile at customers if they come within 10ft and ask them how their day's going if they come within four.

[B]

But Raj worked at Walmart back in the day and can tell you that the rule actually started over at Walmart.

[A]

Not only did the headquarters of Walmart in Arkansas have signs about smiling at customers and how important that is, they also had a big 10 foot long sticker measuring stick thing on the ground to show you what you're supposed to do based on the distance the customer is.

[B]

Oh, and if you didn't work in the stores, then they had the sundown rule that if someone emailed you, you had to respond to that email before the sun went down.

[A]

But the 10 foot measuring stick sticker thing, it's wild. We posted it on Instagram. It's pretty cringe.

[B]

Yetis, you look fantastic for ceviche day Wednesday. But Jack and I are not saying it's definitely gonna happen. But now that the McRib is back on the menu.

[A]

I think FINRA would interpret that as financial advice. That cha Ching button.

[B]

I didn't say you had to. I just said Cha Ching. Remember to drop down and give us five stars. Help rate and review the show because that grows the pod. And Jack and I will see you tomorrow. And before we go, a happy birthday to legendary Yeti and fifth Kramer brother Michael Thomas Durkin, the Brattleboro Beast of E.T.

[A]

Mike, threw the best slash worst knuckleball in Wiffle Ball history.

[B]

Heard a lot about it. And congrats to the OG Snacker, Anthony Capiano in Burlington, Massachusetts. The other Burlington, just outside Boston.

[A]

Is it his birthday?

[B]

It's his best birthday, Jack.

[A]

And a big shout out and we're thinking of you. To Joy and Marley and all of our Taipei Yetis. We hope you're staying dry during that typhoon over there.

[B]

You got this, guys. We're thinking of you. And to the Sigma Gamma rose sorority, the 103rd founders day is here. And it is your best Founders Day yet. You guys got this.

[A]

It's real and it's fantastic. And to anyone else celebrating something today, make it a tv.

[B]

Celebrate the wins.

[A]

This is Jack. I own stock of Instacart. And Nick and I both own stock in Chipotle and ETFs at the S&P 500. And we own some bitcoin.

[B]

Bitcoin named Ben.

[A]

If you like the best one yet, you can listen ad free right now by joining Wondery and the Wondery app.

[B]

Or on Apple Podcasts prime members can listen ad free on Amazon Music.

[A]

And before you go, tell us a little bit about yourself by filling out a short [e-mail] survey.

[B]

We want to get to know you.