The Best One Yet - “NFL + Nickelodeon + Slime'' — Zoom’s zWork. Viacom’s secret weapon. Walmart’s freaky fridge.

Episode Date: January 13, 2021

CBS just introduced the NFL and Nickelodeon for the perfect marriage of convenience. After surging 600%, Zoom’s stock has lost almost half its value, so we’ve got an idea for them. And Walmart just whipped up a freaky outdoor cooler to store grocery delivery when you’re not home — because it knows the secret to your subscription heart.$VIAC $ZM $WMTGot a SnackFact? Tweet it @RobinhoodSnacks @TBOYJack @NickOfNewYorkWant a shoutout on the pod? Fill out this form:https://forms.gle/KhUAo31xmkSdeynD9Learn more about your ad choices. Visit podcastchoices.com/adchoices Hosted on Acast. See acast.com/privacy for more information.

This is Nick. This is Jack. And this is Snacks Daily. It is Wednesday, January 13th. The best one yet we got for you today, Snackers. Are we doing Flannel Wednesdays over here? You never send me the memo, Jack. Oh, Flannel Wednesdays.

Yeah, it's every Wednesday. This actually is our best podcast yet. This is a TBO-W. It's the pancake breakfast. It's every Friday. For our first story, Jack, what do we got over here? A new thing from Walmart, a refrigerator that chills outside your front door. Jack, what do you think?

Most innovative thing at a Walmart in 3? years, four years, five years? Hands across America. For our second story, the NFL needs kids and Nickelodeon needs some attention. The NFL on Nickelodeon, the perfect marriage of convenience. For our third and final story, do you remember that Zoom's stock jumped 600% in 2020? Jack, I remember it like it was May. Now it's lost, you know, about half of its value, almost half its value. But before we hit those three fantastic stories, the boldest New Year's resolution we've ever seen. Okay, so some people cut carbs. Some people add a little mindfulness. I've been meditating with the calm app every morning. It's going quite well, Nick. I'm putting two

dates in my oatmeal, not one date. But others are ramping things up about 17 notches, and we're calling this New Year's resolution the calendar cleanse. So Jack and I got this from the Shopify CEO. Turns out this guy, Canadian German guy, erases his calendar to start the new year. He didn't delete bagels from his 2021 diet this year. No, he's not going to do that. He's delet. He's deleting meetings. You delete all of the meetings. Because according to the Shopify CEO, once your company's calendar is blank, then you'll reevaluate which meetings you actually need to do every week. Jack, you know what I'm thinking over here. The 2 p.m. standing meeting on Wednesdays with Carl. Nick, it's been the low light of Wednesday afternoon since 2017. Jack, I don't care

how many cupcakes Carol brings. It's just, it's just not a good meeting. It may be time to shelf this meeting, Carl. I'm sorry, let's check in in two months and see if we actually miss it. Snackers, look at your calendars. Maybe time to whip out the old calendar cleanse. Oh, side note, it's probably not a good idea to cleanse your weekly meeting with your boss that he set up so that he could talk to you about your performance. Unless Jack, your boss is Carl. But I bet some meetings you'll find in your calendar. They're expendable. Give yourself more time. Eat the cupcakes from Carol. Let's hit our three stories. We got to get something legal out the way.

Snacks about the hair ain't food. It's air candy. They don't reflect the views of the Robberhood family. It's all informational just so. We're not recommending any securities. It's not a research report or investment advice. Not an offer or sale of a security. Right.

Snacks is digestible. Business news for you. Robohood Financial, LLC. Member FINRA slash SIPC. For our first story, Walmart's most innovative move in three years just happened, Jack. This was it. It's an outdoor smart cooler for any time grocery delivery. Now, Snackers, remember, when it comes to Walmart, there is only one thing you got to remember, tattooed this thing on a pillow. Walmart, America's largest grocery store. Groceries, the most essential thing in the most essential businesses.

Jack, poetic. One dollar out of every $4, American spend on groceries, that dollar is ending up at Walmart. And 56% of Walmart sales, they're groceries. trying to say here is they really like groceries at Walmart. That's the goal here. But a risk to that really important, really love part of Walmart's business is Instacart and other online food delivery companies. Which all seem to be IPOing or spacking these days, which is why Jack and I found it was fascinating to see what's going on down with a Walmart pilot over in Arkansas. Arkansas, the home state of Walmart. Don't you ever forget. It doesn't do logistics, though. Temperature controlled, smart coolers with a company called Home Valet. Fancy name

that's what Walmart is whipping out. We saw a picture of this thing. It looks like a giant mailbox had a baby with a Coleman cooler. And it was raised that baby by Casper mattresses. It basically looks like a confused Yeti. That's what's kind of going on here.

This giant thing sits on your porch. They can paint it the same color as your house, so it looks nice. And it is ready any time to receive contactless delivery of your groceries that you ordered online. Wild how this actually goes down in the wild. A Walmart delivery person shows up at your door,

You don't have to be home. And then they unlock it with your smartphone. Again, you don't have to be home. Then they open that thing up. And there are three compartments with three different temperature zones to house all of your groceries until you come home to put it in the pantry. Yeah, you stick the eggplant in the room temperature, the halibut in the chilled temperature section. And then peanut butter jack in the frozen section.

Frozen peanut butter. Yeah. Never heard of that, Nick. Okay, basically, if you freeze your peanut butter, people, it does taste like fudge. This is a life hack. This is a life style. Today's River's birthday, and I haven't got the Ben and Jerry's doggy desserts yet. I'm going to give her, sorry, some frozen peanut butter.

I was actually talking about me. I do this every day at 4 p.m. Jack, but I think you should do it for River, too. But Nick, this Home Ballet, the tech doesn't stop there. Once you put the groceries in, there is a UV ray light that will disinfect all the groceries like magic. Now, Home Valet, the hardware maker here, it's a different company that makes these smart coolers. this Walmart partnership could be a game changer for it. So here's the funny thing, Jack, and I noticed about this.

Walmart used to be really into innovation. They were super innovative, but then they all up and quit. Like Daniel Day quit acting. Perfectly put, Jack. They had a secret Long Island lab for aisle and checkout technology. And then they bought Bonobos. And then they bought Jet.com, all in the name of innovation. That's how things were.

Here's how things are going. There's no news from the Lab in Long Island. We're not even sure anyone's there anymore. But Nobos is missing in action and they shut down Jet.com. Instead, Walmart has spoken 100% of its creative engineering energy on groceries. The most essential of the essentials. So Jack, what's the takeaway for our buddy over at Walmart? We live in a subscribe or die world and Walmart thinks that you will die to get your groceries.

Yes, Snackers, Walmart's got a new favorite child. It was born last quarter and her name, she's adorable. Her name is Walmart Plus. That's her name. Walmart plus free unlimited grocery delivery subscription for $98 bucks a year. And that beautiful baby child, it is all about monthly recurring revenue, which investors love because subscriptions are monthly recurring revenues. Amazon Prime is the original monthly subscription recurring revenue. And it gets you fast delivery plus some Amazon Music, Amazon Prime video, and some love

from Alexa. And who wouldn't want that? And that is why Amazon actually just bought a podcast company last week called Wondery. Over at Amazon, they'll think you'll like Prime even more if they bundle in some media treats. But here's the thing, Walmart doesn't think you want a variety of perks to go along with your one subscription. Walmart thinks that Walmart plus customers want deep perks just in one category, groceries. Yeah, Jack, you heard a same-day delivery?

I have. You heard of two-hour delivery? Super fast. Well, how about 24-7 delivery that technically Walmart could be doing now that they have this home valet porch cooling cooler. Best in-class grocery convenience is how Walmart Plus thinks it can beat Amazon Prime. For our second story, the NFL just showed its first playoff game on Nickelodeon. Nickelodeon's owned by Viacom CBS, the worst corporate name we cover on Snacksdale.

It's the worst. We hate saying that name. But, Nick, NFL and Nickelodeon is Viacom CBS's secret weapon to keeping the NFL locked up for the next eight years. All right, Jack, we got to quote Batman's Voldemort over here. Why so serious NFL? Why so serious? Chris Collinsworth, do you need a three-piece suit to report on the Giants versus the Browns? Seriously, two is good for... By the way, what's with the Windsor-Noth, Jack? You need like three, you know, helpers to get those things on. It's an arms raised to have the biggest neck tie like that wraps around your pecks. It's actually as an arms race to have

the biggest neck when you're an NFL commentator. These are all true facts. So is the fact that Nickelodeon decided to come in and sprinkle some silly onto the NFL last weekend. Jack, perfectly put, I mean, let's say you cut the court recently, but you love the NFL, so you want to watch some games. So you Googled, hey, how do you watch NFL playoffs, Alexa? You're literally describing what I did this past weekend. And I saw Fox, CBS, NBC, ESPN, those are the usual suspects for NFL games. And then I saw Nickelodeon. Nick Elodian. Nick Alodian. Snackers, Chicago Bears. New Orleans Saints, that was on Nick, not Nick Jr., not Nick in night. We're talking Nickelodeon. When touchdowns were scored, the end zone on TV got canoned with Nickelodeon's

trademark green slime. Is it straight out of all that? Oh, and then some 15-year-old kid got to sit behind 39-year-old Nate Burleson who explained what the Red Zone was, charming, educational. When field goals were happening, they superimposed SpongeBob's SpongeBob in between the goalposts. Yeah, this is just good, clean family fun. Oh, you want more? A random hamper. was super implosed on some New Orleans Saints receiver for some random reasons. Okay, Jack, when we were jumping in snacks out, notice that apparently, I don't know if this is true because I didn't see the game like you did. Someone actually, like a player cursed in the middle of the game, right? Yes, a referee announced a penalty and a man standing nearby,

a receiver, I think, he cursed. And it was a bad curse. And the referee's microphone picked it up and all the kids nationwide, they had to get earmuffs. By the way, for all the kids listening right now, there are no good curses. There are no good curses. So, Jack, what are the results for our buddies over at the NFL? Well, Viacom, CBS also put the game on CBS, like usual, where 30 million Americans watched. Well, it turns out 2 million viewers, a highly respectable number, not as big, but still respectable, watch the NFL on Doug Funney's favorite home channel. Two million people watched on Nickelodeon, and that is Nickelodeon best program in four years.

Yeah, since Rocco's modern life. By the way, both those channels, CBS and Nickelodeon, owned by Viacom CBS. And the NFL is year in, year out, the most premium of premium video shows. So Jack, what's the takeaway for our buddies over at the NFL? The NFL is a media business and it doesn't need cash. It needs kids. Snackers, newspapers, sports center. How about youth and high school football programs?

Add all those up and that's what made football number one in the United States. And he can pass. But in the last 10 years, neck, all of those things, newspapers, sports center, youth and high school football, They're all shrinking. Shrinking. And the NFL is not getting young kids to be fans like they have since they were created. Honestly, Jack, the NFL is like the Harley Davidson of sports leagues right now. They have like a young person problem.

Yeah. So with the NFL's eight-year contract ending next year, which is a big deal, it's only every eight years, the NFL wants to maximize revenue with its next deal. That's key. Right. Its next TV deal. After all, it delivered the top five most viewed programs in America last year, by far the top five. So here's what's so wild about this moment.

For the first time in history, you're going to have, like, big tech companies bidding on NFL broadcast rights. Apple TV Plus, they're interested. Amazon Prime, YouTube, they are too. It's not just Fox, CBS, and NBC that are going to pitch for this deal. But if you're the NFL and you're essentially a media company, you realize that your future depends on convincing kids today to get off Instagram and watch some dudes, horse collar, other dudes. ViacomCBS CBS can't offer as much cash as Amazon, but they can offer kids through their Nickelodeon channel and that might get the NFL's attention. So just as the NFL is losing Gen Z and Generation TikTok, Nickelodeon could actually be the critical part of the solution. This next broadcast rights deal,

it's not just about money. Change your name, CPS5com. For our third and final story, Jack, Zoom, Zoom, Zoom, Zoom is raising, Zoom, is raising $1.5 billion, selling a bunch of stock in itself after an insane run. Nick and I have a big idea for what Zoom should do. Yes, we do. Yes, we do. $1.5 billion of fresh cash. Zoom, Zoom. So Zoom, it IPOed back in 2019. Honestly, Jack, this was like, it was like Harry Potter living with the Dursley family. That was the situation. I love that analogy because it didn't realize its potential. It didn't realize its power. It's so true. Its forehead just hurt every now and then. But then, over like this last spring, Zoom managed to pull off the old stock market hat trick. Half a billion dollars in profit,

a 600% jumped check for the stock. And it became a verb. That's the key third of. Basically, it's like the 9th Kardashian. Now it's just famous for being famous. Like your mom knows Zoom. The problem, though, in the last three months, Zoom stock has lost nearly half its value. Snacker, Zoom was up 600% and now it has fallen 40%. Its earnings last quarter were just great. They weren't insanely great like the 600% stock price kind of required. So here's the big moment for Zoom. Zoom said, you know what? We got to take advantage of being famous while we're still famous. Since the stock price is still like really high, it's pretty high. It's creating brand new stock right now to sell for $1.5 billion to brand new investors. It's basically Kylie Jenner doing an eye shadowed deal with like Sephora just after the reality show finale airs.

The shocker, though, why does Zoom need $1.5 billion? Jack and I looked into it and, you know, Zoom's just not that profitable. So it could use some cash now, can't call JG Wentworth, so it's striking while the iron is hot. Why did that result, Nick, in the stock price of Zoom falling? Because it's creating some stock, and that can have some consequences. The new shares dilute the existing shares that everyone else owned. When you're releasing new stock in yourself, you're basically adding one more buddy to get in on the pizza that you and the rest of your buddies are sharing. If you're the four people originally in on the pizza,

you're only getting a fifth of a pizza now instead of the clean quarter slice you got before. Because Timmy just showed up. So, Jack, what's the takeaway for our buddies over at Zoom? I feel bad for Timmy around. Yeah, Timmy, he probably met well by that. I mean, we invited them, I guess. We invited them. Nick, we think that Zoom should use the $1.5 billion

to launch a co-working space. Brilliant. We're calling it Z-Work. Snacker, Zoom is the ultimate work from home stock. But its greatest strength is kind of its greatest vulnerability, too. You wouldn't have zoomed into Trisha's batch if you could have traveled to Nashville and been there in person instead. You're right.

You'd rather have done that one in person. You don't want to do that via Zoom. The big question, will your company keep their expensive Zoom account post-pandemic? Well, that's a big question. So to hedge it, Zoom can add a new business line that's actually for in-person work, not remote work. Zoom. We think it's time to launch co-working spaces in select cities. Sorry, I meant cities.

And you should call it Z-Work. Call it Z-Work. When the risk of the virus is gone, there's going to be a whole new need for collaboration spaces, a.k.a. Z-Works. Zoom co-working, aka Z-Work, It's for people who are working remotely, but need some space sometimes, might need to collaborate in person with other remote workers, or just want to work somewhere where they can see some people. Yeah, and Zoom, you could feature new Zoom computer monitors that you've been working on, or new Zoom

conference call equipment. That way, Zoom will win if everyone is still zooming post-pandemic. And it will still kind of win if many people aren't zooming post-pandemic. Zoom could become a verb for efficient work, not just remote work through a video screen. And then they could rename themselves the Z Company. The Z company. Jack, can you and that flannel whip up the takeaways for us over there? Walmart just started an Arkansas pilot for grocery delivery to a smart cooler.

All right, so Walmart is obsessed with groceries, and that is their differentiation from Amazon Prime. For a second story, the NFL is about to get some huge cash offers for the next eight-year TV deal. Here's the key. Only Viacomp, CBS, terrible name, can offer kids the NFL's next generation of fans. For our third and final story, Zoom just raised $1.5 billion in cash. We think they should launch Zework, a co-working space. Pretty easy way you do from there, Jack. You rename your CEO, Adam Zuman.

That's what you do. That's what you do. It works in so many levels. Works every time. Snackers, time for our snack fact of the day. This sent in by a legendary listener named Adam Tatusco from lovely Colorado. Yesterday, we told you that the longest word you can type with just your left hand, stewardesses.

Well, Adam spent a whole lot of time on the old Quartee keyboard and said, wait a second, I have found longer. If you put a monkey in front of a keyboard long enough, he'll write Shakespeare, right? Well, Adam was able to write Tessera Decades, which is apparently longer than stewardesses. Oh, and by the way, the longest word you can write with just your right hand, Philophilin. Tessera decades, that is 14 generations in a row,

and falafelin is a monocarbolicic acid derivative of chlorophyll. And falafelan, those F sounds are here. hearing? They're not Fs. They're P-Hs, which are on the right side of the keyboard. There's so many snackbacks in this one. Snackers, before you go, Jack and I love being with you, and we love growing snacks, so we'd love if you'd share us with a friend. It's honestly the best way we grow, word of mouth, from you, the OG snackers. Just ask them, H-Y-H-Y-S-D, and we'll see you tomorrow. Have you had your snacks, dealer? If you know, you know. And before we go, be congrats to Brian Chin and Virginia W. Just past the bar, both of them, over.

in California. And congratulations to Lorena Vinodis, who just got promoted in Marlboro, Massachusetts. And happy birthday, Hannah Neri, 21, down in Shanghai, China. And happy birthday to Earl Ma in Oakland, California. And to Nicole Dohn, and Astoria Queens,

get some good Greek food for us over there. Happy birthday, Ramon Herrera in Chicago. And by the way, Ramon actually works in logistics. Ramon does logistics. This is Jack. I own stock of Amazon. Nick own stock of Apple and Shopify. The Robin Hood Snacks podcast you just heard reflects the opinions of only the hosts who are associated persons of Robin Hood Financial LLC

and does not reflect the views of Robin Hood Markets, Inc, or any of its subsidiaries or affiliates. The podcast is for informational purposes only and is not intended to serve as a recommendation to buy or sell any security and is not an offer or sale of a security. The podcast is also not a research report and is not intended to serve as the basis of any investment decision. Robin Hood Financial LLC, member FINRA, SIPC.