Motley Fool Money CEO Shakeups, Fowl Earnings, and Hot Holiday Toys
Dec 3, 2021
Jackie Breyer, Editorial Director of The Toy Insider, shares her expertise on holiday toy trends and the evolving landscape of the toy industry. She discusses the impact of supply chain issues on retail, the rise of popular toys amidst fierce competition from big retailers, and the unique shopping experiences that drive foot traffic. Breyer also touches on how children's perceptions of jobs are changing, along with the intriguing intersection of toys and the metaverse. It's a lively conversation packed with insights for parents and toy enthusiasts!
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November Jobs Report Mixed
- November's job growth disappointed, adding only 210,000 jobs.
- The unemployment rate fell to 4.2%, the labor participation rate increased, and the U6 rate dropped.
Salesforce Q3 and Co-CEO
- Salesforce's Q3 results exceeded expectations, with 27% revenue growth.
- The newly acquired Slack is performing well, and Brett Taylor has been appointed co-CEO.
Square Becomes Block
- Square changed its name to Block to encompass its expanding businesses, including blockchain technology.
- This move aligns with Jack Dorsey's focus on Bitcoin and differentiates the company from its seller business.