First Republic Bank shares are down nearly 30%. $100 billion worth of deposits are no longer at First Republic Bank. The only thing that would take my breath away more is if you tell me what's happening at that bank is going to spread to other banks. If something cannot continue, it will stop.
First Republic Bank and Pepsi are very different businesses with stocks moving in very different directions.
(00:21) Jim Gillies discusses: - First Republic Bank shares plummeting after terrible quarterly results and a surprisingly brief conference call - Medpace Holdings crushing their 1st-quarter report and (once again) winning the guidance game - Pepsi's stock hitting an all-time high after snacks fueled Q1 results
(16:03) Bill Mann joins Alison Southwick and Prof. Robert Brokamp to talk about the "new normal" of hybrid work.
Companies discussed: FRC, MEDP, PEP
Check out the newest episode of our premium podcast, Stock Advisor Roundtable! https://open.spotify.com/episode/6MWIz55NW99Av1l7w9FrXU?si=05100b2801f84f63&nd=1
Host: Chris Hill Guests: Jim Gillies, Alison Southwick, Robert Brokamp, Bill Mann Producer: Ricky Mulvey Engineers: Dan Boyd, Rick Engdahl
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