TikTok Star Zaid Admani Breaks Down SPACs and All Things TikTok

Zaid breaks down this week’s top business headlines, starting off with ‘SPACS on SPACS.’ And no we didn’t just make that up… or did we? We’ll let Zaid take the lead on this emerging market trend and explain exactly why everyone is getting involved.

He also breaks down the never-ending saga of who is buying TikTok. The social media platform continues to make headlines after news of the potential Microsoft acquisition. But don’t worry — Zaid will catch you up on all things TikTok related (hype house drama and otherwise).

Check out the latest episode of No Bull with Zaid here:

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Investing in Dunkin — and the power of Charli

We’re doubling down on Dunkin’ Donuts. “Can a TikTok influencer sell coffee in 2020?” is the new “can Kim Kardashian sell a mobile game in 2014?” That’s why Chris, Dave, and Jordan are looking in to Dunkin’ Donuts. Charli’s coffee collab with Dunkin is somehow sold out around the country — and the buzz is building. In today’s episode of Social Signals, Dumb Money looks at investing in $DNKN — and the power of Charli — to see if we can get ahead of the curve.

U.S. Government Accuses Google of Gatekeeping In Historic Lawsuit, While Zoom Fights to Keep Up Their Momentum

Financial TikTok creator Zaid Admani is back breaking down this week’s top business news with another episode of No Bull with Zaid. In this episode, Zaid explains why the U.S. Justice Department is claiming Google is a monopoly and what’s been going on with Zoom since their big boom at the beginning of COVID-19.

Is Google A Gatekeeper?

The U.S. Justice Department claims Google is operating as a monopoly over the search and search advertising market. This is the biggest antitrust lawsuit since a case was filed against Microsoft in the late 90s.

Right now, Google owns 90% of the search market share, which allows them to charge a lot of money to advertisers. Beyond that, it’s come to light that Google pays Apple up to $12 billion a year to be the default search engine on all Apple devices. This is a huge case that could completely alter how consumers use the internet and cause a trend in the U.S. clamping down on even more big tech companies. 

Zooming Into the Future

While other companies struggle to stay afloat in the midst of COVID-19, the video conferencing company Zoom continues to soar (with their stock up over 700% this year). Zoom came onto the scene back in March when the entire world was on lockdown. It offered a place to connect with friends, work from home, hold concerts, teach students and more. 

But as months continue to pass, and there is no clear end for COVID-19 in sight, people are starting to get “zoom fatigue.” Now, Zoom is looking to the future in the hopes to re-energize consumers and investors alike. In an effort to expand their product offering, the company has created OnZoom, a platform to host paid online events. This step can help Zoom start diversifying their income and keep up with competitors like Cisco, Microsoft and Google. 

Check out the full video:

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About No Bull with Zaid

Bullish is excited to launch our new Youtube series with social media storyteller and TikTok star Zaid Admani. No Bull with Zaid explains market trends, changes in technology and what moves major companies are making next – but  without all the BS. Zaid tells it how it is, explaining exactly what you need to know and why.

Zoom Continues To Soar

While other companies struggle to stay afloat in the midst of COVID-19, the video conferencing company Zoom continues to soar. After coming onto the scene in March when the world was on lockdown, Zoom offered a place to connect with friends, coworkers, students and more. In an effort to expand their product offering, diversify their income and combat “zoom fatigue,” the company has created OnZoom, a platform to host paid online events.

How Bitcoin, Snapchat and Dunkin Continue to Succeed During the COVID-19 Pandemic

I’m back bringing my no-BS business thoughts from TIkTok to the YouTube scene with another episode of No Bull with Zaid. In this episode, I take a closer look at what’s going on with Bitcoin, Snapchat and Dunkin. Honestly, I feel like I stepped into a time machine and landed back in 2017 before filming this episode because Bitcoin and Snapchat are having major gains. 

Here’s a breakdown of what I covered this episode: 

Bitcoin Hits $13,000

Yes, you read that right. Bitcoin is having a great month and hitting levels we haven’t seen since that crash in late 2017. While Bitcoin isn’t at peak prices just yet, it definitely looks like it’s on track to getting there if this momentum continues. This slow but steady rise is due in part to the cryptocurrency’s increase in legitimacy among major financial institutions. Three major companies that have given Bitcoin the stamp of approval include PayPalSquare Cash App and J.P. Morgan. Yep, even banks are getting behind Bitcoin. And the fact that of all banks, J.P. Morgan is giving Bitcoin some love is crazy to me. Literally just 3 years ago, J.P. Morgan CEO Jamie Dimon called Bitcoin a “fraud” and threatened to fire any employees who were trading it. This just goes to show that Bitcoin isn’t going anywhere. It will only increase demand — and prices — as more and more financial companies start to back them. I legitimately think crypto is going to have a huge impact on the worldwide financial sectors. I’ve always been a big fan of Bitcoin, and I’m excited to see the cryptocurrency continue to grow (and not just for the memes). 

Snapchat Hits All-Time Highs

Bitcoin isn’t the only company making me feel like I’m back in 2017 — Snapchat is soaring to all-time highs. This is huge news considering Snapchat has had a rough go since IPO-ing in 2017. The company never really shot up from their IPO price. This was mainly due to Facebook stealing Snapchat’s best and anchoring feature: stories. While everyone (and the markets) thought Snapchat was dead after this, CEO Evan Spiegel didn’t let this get to him and continued to innovate on the platform. Now, Snapchat is a leading company in augmented reality and continues to add new users nearly every quarter. The company also has invested in original programmingSnapchat Discover has over 100 million viewers (that’s even more than Netflix). What some may have seen as a setback back in 2017, Snapchat saw as a new opportunity to come into their own as a company. I have major respect for CEO Evan Spiegel — how many 30 year olds can say they did that? 

Dunkin Sells for $9 Billion? 

Dunkin has been one of the few companies to succeed during the pandemic, especially in the coffee industry. The coffee company has capitalized on the recent struggles of local coffee shops trying to keep their doors open and adapt to the world of online ordering. Unlike smaller, local shops, Dunkin has invested heavily into digital infrastructure, with efficiently run curbside pick-up, online ordering and drive-throughs already in place. Now, Inspire Brands, a restaurant operator backed by investment firm Roark Capital, is in talks to buy out Dunkin for $9 billion. Dunkin stock trading was already seeing all-time highs, but the stock went up even more after the Inspire Brands news broke. Dunkin is an established strong brand with loyal customers and a dominating social media presence. We’ll see if Inspire Brands can take Dunkin to the next level. 

If you want to watch my full episode of No Bull with Zaid, check out the Bullish YouTube channel:

About No Bull with Zaid

Bullish is excited to launch our new Youtube series with social media storyteller and TikTok star Zaid Admani. No Bull with Zaid explains market trends, changes in technology and what moves major companies are making next – but  without all the BS. Zaid tells it how it is, explaining exactly what you need to know and why.

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