Why Ketamine Startups are Struggling & Travis Kelce is King of Game-Day Ads
Dec 18, 2023
29:40
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Uber joining the S&P 500, struggles of Ketamine startups after Matthew Perry's death, Costco's $100 million earnings from gold bars, Travis Kelce dominating game day ads, Weight Watchers marketing weight loss drugs, and the potential return of favorite shows on Netflix.
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Quick takeaways
The death of actor Matthew Perry highlights the dangers of using ketamine, emphasizing the importance of proper supervision and caution against recreational use.
Uber's inclusion in the S&P 500 index symbolizes its growth as a company and has tangible effects on investment portfolios, making it a significant player in the stock market.
Deep dives
The risks of using ketamine for depression treatment highlighted by Matthew Perry's death
The death of actor Matthew Perry from ketamine overdose brings attention to the dangers of using ketamine, both as a treatment for depression and as a recreational drug. Perry was using ketamine as part of his treatment for depression and anxiety. While ketamine has been approved as a nasal spray for treatment-resistant depression, experts emphasize the importance of proper supervision and caution against using it outside of a professional setting.
Uber's inclusion in the S&P 500 index not only symbolizes its growth and success as a company, but also has tangible effects on investment portfolios. With many retirement accounts and index funds tracking the S&P 500, Uber's addition means that it will likely be included in these portfolios. Despite previous losses and challenges, Uber has shown profitability in recent quarters, contributing to its increased market cap and making it a significant player in the stock market.
Costco sees high demand for gold bars, reinforcing its market position
Costco's surprising success in selling gold bars demonstrates the company's ability to appeal to a wide range of customers. Selling approximately $100 million worth of gold bars in just one quarter, Costco's popularity in this arena highlights its market strength. Additionally, the company's overall revenue and membership numbers have seen positive growth, further solidifying its position as a successful retailer.
Episode 215: Neal and Toby discuss what Uber joining the S&P 500 means and how seven tech companies are carrying the stock market right now. Plus, Ketamine startups are struggling in the wake of Matthew Perry's death and how Costco banked almost $100 million off gold bars. Plus, Travis Kelce runs game day advertising and Weight Watchers markets to ozempic users. Finally, Netflix may be getting your favorite show back and here is what we are watching for this week.
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