“Snacks Mix”: Spirit goes bust, Walmart is the new Target, China’s poaching plan
Nia Warfield and Jack Raines run through this week’s market maze as Spirit files for bankruptcy, Walmart and Target tell a tale of two retailers, and Chinese AI companies try to poach US talent.
The story that everyone is talking about: Spirit Airlines filed for bankruptcy after a judge blocked JetBlue’s acquisition attempt of the budget airline.
The story everyone should be talking about: Walmart had an impressive earnings report as it tapped into a more affluent customer base, but Target is struggling.
The story that everyone will be talking about: while the US has blocked chip exports to China, Chinese AI companies have set up shop in California to poach US talent.
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Sherwood Media’s Snacks podcast is for informational purposes only, and is not a recommendation, solicitation, or research report relating to any investment strategy, security, or digital asset.
Views presented on this podcast are those of the speakers (hosts and guests). There is no guarantee that any statements or opinions provided herein will prove to be correct. The speakers’ opinions belong to them and may differ from opinions of Sherwood Media and its affiliates.
Nothing contained herein should be construed as an endorsement of any advertisers or sponsors of this podcast by Sherwood Media.
