Jack
👤 SpeakerAppearances Over Time
Podcast Appearances
Except for those million physical books in that warehouse.
Sebasties, if you want your chatbot to be a Phi Beta Kappa English major, you choose Anthropic.
Because you are what you eat.
And Claude has read every book in the bookstore.
Literally.
For our second story, Chipotle's earnings just revealed it has a favorite customer.
People who make $100,000 a year or more.
Because in the K-shaped economy, you have to pick a side.
Yetis.
Earlier this week, Jack and I did a whole story on PepsiCo.
The first deflation situation.
Pepsi cut the prices of Doritos, Cheetos, Tostitos, and Fritos.
Uh-ohs.
By 15%.
Because consumers have been pushing back on prices and buying store brand chips to save money instead.
Chipotle's earnings showed a similar price pushback from consumers.
Yes, they did.
Comparable sales fell for the second time in three quarters at Chipotle.
So Chipotle is going to cut prices just like Pepsi did, right?
Pivot to budget burritos.