The Dow Hits 40k For First Time Ever & Walmart Is the King of Retail
Morning Brew Daily17 Touko 2024

The Dow Hits 40k For First Time Ever & Walmart Is the King of Retail

Episode 325: Neal and Toby recap the latest Supreme Court decision to spurn an attempt to take down the Consumer Financial Protection Bureau. Then, the Dow Jones Average hits a new milestone signaling Wall Street’s unyielding confidence in the market. Plus, the United Auto Workers union continues its campaign in Alabama where it’s looking to unionize Mercedes-Benz workers. Next, TWO stocks of the week: Walmart remains king of retail and Chubb has the Buffett stamp of approval. Meanwhile, two brothers were arrested for stealing $25M in crypto at lightning fast speed. Lastly, a humble taco stand in Mexico receives a Michelin star. Visit https://www.sage.com/morningbrew for more! 00:00 - Uber CEO interview now! 2:00 - Supreme Court rules in favor of CFPB 5:50 - Dow Jones milestone 10:00 - UAW takes on Mercedes-Benz 13:50 - Stocks of the week: Walmart and Chubb 19:20 - Crypto hackers caught 22:00 - Michelin starred taco stand Get your Morning Brew Daily Mug HERE: https://shop.morningbrew.com/products/morning-brew-daily-mug?utm_medium=youtube&utm_source=mbd&utm_campaign=mug Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices

Jaksot(823)

What Mamdani's Win Means for Wall Street & Tariffs Head to the Supreme Court

What Mamdani's Win Means for Wall Street & Tariffs Head to the Supreme Court

Episode 707: Neal and Toby recap Zohran Mamdani’s victory to become the next mayor of NYC and how Wall Street is reacting. Then, the Supreme Court hears arguments to decide whether Trump’s sweeping ta...

5 Marras 202528min

Tylenol Maker Bought for $40B & Coke Doubles Down on AI Ads

Tylenol Maker Bought for $40B & Coke Doubles Down on AI Ads

Episode 706: Neal and Toby discuss the acquisition of Kenvue, the maker of Tylenol, by Kimberly Clark. Then, Palantir reports a strong Q3 as their government sales surges. Also, Shein bans the sale of...

4 Marras 202528min

Disney and YouTube Are Beefin’ & What’s Behind the ‘K-Shaped’ Economy?

Disney and YouTube Are Beefin’ & What’s Behind the ‘K-Shaped’ Economy?

Episode 705: Neal and Toby discuss the ‘k-shaped’ economy where wealthy Americans are spending like nothing’s wrong, while lower-income earnings are pulling back their spending. Then, Disney pulls its...

3 Marras 202527min

AI Music is Catching On & Businesses Have a Penny Problem

AI Music is Catching On & Businesses Have a Penny Problem

Episode 704: Happy Halloween! Neal and Toby cover Apple’s earnings which beat expectations thanks to a reinvigorated demand for the iPhone 17. And Amazon’s cloud business is booming.Then, since the st...

31 Loka 202529min

The Fed Slashes Rates Again & Big Tech’s Endless AI Spending

The Fed Slashes Rates Again & Big Tech’s Endless AI Spending

Episode 703: Neal and Toby recap big tech earnings coming from Meta, Microsoft, and Alphabet. Then, the Fed makes its 2nd rate cut for the year as well as ending the effort to reduce its balance sheet...

30 Loka 202531min

Mass Layoffs Hit Corporate America & Musk’s Grokipedia vs. Wikipedia

Mass Layoffs Hit Corporate America & Musk’s Grokipedia vs. Wikipedia

Episode 702: Neal and Toby discuss the wave of layoffs sweeping across companies in different industries as a result of AI and mergers. Then, Microsoft and OpenAI reach a new deal that enables a for-p...

29 Loka 202529min

Govt. Shutdown Threatens Food Stamps & AI Giving Performance Reviews?

Govt. Shutdown Threatens Food Stamps & AI Giving Performance Reviews?

Episode 701: Neal and Toby give an update on the government shutdown approaching its 28th day, which now threatens funding SNAP benefits that millions of Americans rely on. Plus, airport delays contin...

28 Loka 202527min

Trump Raises Tariffs On Canada Over Ad Spat & Nike Wants Motorized Walking

Trump Raises Tariffs On Canada Over Ad Spat & Nike Wants Motorized Walking

Episode 700: Neal and Toby talk about Trump’s tariff retaliation on Canada after it aired a misleading ad on TV. Then, Argentina’s Javier Milei’s free-market revolution hangs in the balance of the cou...

27 Loka 202527min

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