Kyle Risdahl
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Appearances Over Time
Podcast Appearances
PayPal plummeted today as the company reported lower than expected earnings and, oh, by the by, ousted its CEO.
Analysts say the payment app is popular with people on the lower end of the income scale who've had less purchasing power in this K-shaped economy, as we've talked about.
PayPal tanked 20% block.
The app formerly known as Square dropped 6%.
Shopify down 9.8%.
Dan Ackerman was just talking about PepsiCo's pivot into healthy bars, snack foods, and sodas.
PepsiCo, which sells, as you know, both traditional Doritos and the protein-enhanced kind, whatever, bubbled up 4.9%.
Today, our tribal Coca-Cola gained 2.1%.
Cereal and granola bar King General Mills added 1.9%.
Bond prices went up.
When that happens, the yield goes the other way.
10-year T-note stands at 4.27%.
At the moment, you're listening to Marketplace.
This is Marketplace.
I'm Kai Risdahl.
There are some challenges in retail construction right now.
Building costs and borrowing costs are both high.
There are tariffs and the trickle-down effects thereof.
The president's immigration policies are a very particular kind of headwind.