New kids on the Tok

[The beef 675] [I'm an image] “If you ask me the social media market is so over...*checks texts, FB, IG, Snap, TikTok, MySpace*... saturated.” - Jeff Hey there carnivores, Markets were up on Wednesday despite ugly payroll numbers. Today we’re talking Facebook’s attack on TikTok. Keep raging, Jeff & Jason [Image] [I'm an image] Sh*t just got Reel Yesterday, Facebook’s Instagram [launched]( yet another effort to copy a successful competitor's feature. We see you Snap… The new “Reels” is launching in the US to compete with TikTok’s short-form video platform. The TikTok knock-off allows users (read: your 14-year-old cousin) to create 15-second clips of themselves doing “challenges” that include dances, telling dirty jokes to their parents, walking in on their partners naked, and whatever else the kids are into these days. All in hopes of going viral. Who says the American dream is dead? The [platform]( pushes the “best” content onto your feed and down your pie hole in hopes of generating more interaction (read: revenue). In that way, it incentivizes creators to get out there and teach everyone how to Dougie. Facebook’s stock was mostly unchanged on the news, closing down 0.28% on the day. Probably because this wasn’t exactly a surprise... One helluva time If there was a better time to launch a TikTok competitor, Zuckerbot’s internal algorithm couldn’t calculate it… Not only was TikTok banned in India at the beginning of July but you may have heard that POTUS is threatening to go all Jon Taffer (read: “shut it down!”) on the app stateside. Of course, the nerds at Facebook were in their basements trying to ripoff TikTok way before it was in DJT’s crosshairs and before it was a potential acquisition target for Microsoft. It has tested Reels in Brazil, India, and France, and people liked what they saw (... apparently). Either way now’s probably not a bad time to enter the market and see if it sticks with IG's 1B users. The bottom line... FB isn’t the only company trying to take the short-form vid crown from TikTok either. The market is getting crowded with new apps like Zynn, byte, Triller, and Clash. While those competitors don’t exactly strike the fear of Winklevii in Zuck, Microsoft probably does. [A fully funded TikTok]( makes for a formidable competitor. [Image] The Anatomy Of A Triple-Digit Winner Nate Bear Once Scored 66 Triple-Digit Return Winners In 66 Days Now He Wants To Show You How He Finds Them [Alternate text]( [Watch The Replay Here]( [I'm an image] ☑️ Slowly but surely. Roku [reported]( quarterly earnings on Wednesday, and it rocked the boat by dropping the bomb that ad spend likely won’t return to pre-COVID levels until “well into 2021.” Yeah, I think, at this rate, even that’s being generous. The company said it’s seen drops from advertisers in the casual dining and tourism sectors. Uh yeah, no sh*t. That doesn’t mean Roku had a bad quarter, though. Revenue was up 42% year-over-year, coming in at $356M compared to analyst expected $315M. The streamer also saw a loss per share of 35 cents, compared to the predicted 50 cents. On the news, shares were only up 1%. Maybe don’t be all doom and gloom, and the investors will react better to revenue growth, guys. PR 101. ☑️ Higher and higher. Airline stocks took off on Wednesday, after at least 12 senators said they’d support [another $25B]( in federal aid for the industry. President Trump chimed in, saying he’d also [support]( the bailout. The airlines most recently received $25B back in March as part of the CARES Act. Since then, COVID concerns have only gotten worse, and with them a lack of travel demand. On the news, American Airlines climbed 5%, United and Delta both rose 2%. And Spirit airlines just offered to charge DJT $75 for a carry-on. ☑️ The doctor will stream you now. In one of the biggest mergers of the year, Teladoc and Livongo are [joining forces]( to create one of the world’s largest digital health companies. Teladoc will pay $18.5B for Livongo in a cash and stock deal, and the combined companies will have a joint enterprise value of around $37B. Worth every penny if I can get Adderall prescribed remotely. Coming into 2020, the companies were worth only a combined $8.5B. Believe it or not, COVID has been very good for the virtual doc biz. On the news, both companies’ stocks fell, with Teladoc dropping 19% and Livongo seeing an 11% loss. Do I have to do my own prostate exams on camera? Isn’t that what OnlyFans is for? ☑️ Slow-mo. ADP’s monthly payroll report showed a bleak landscape for the month of July. US private payrolls only [increased by 167k]( over the course of the month, compared to the 1M jobs analysts predicted. Looks like the analysts might be next to get a pink slip. Considering the US economy added 4.31M jobs in June, we could be looking at a slow few months in the hiring market. Despite the bad news, the markets were actually up at close on Wednesday, so investors aren’t that worried about the lack of new jobs... yet. RagingBull, LLC 62 Calef Hwy. #233, Lee, NH 03861 DISCLAIMER: To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website,application or other service ("Services"), please review our full disclaimer located at [(disclaimer. FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. AnyRagingBull Service offered is for educational and informational purposes only and should NOT beconstrued as a securities-related offer or solicitation, or be relied upon as personalizedinvestment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision. 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