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)

Gambling Scandal Rocks the NBA & Oil Jumps After US Sanctions Russia

Gambling Scandal Rocks the NBA & Oil Jumps After US Sanctions Russia

Episode 699: Neal and Toby unpack the gambling scandal that’s led to the arrests of Chauncey Billups and Terry Rozier, which also involves an organized crime family. Then, the US just placed sanctions...

24 Loka 202529min

Kalshi is Scaring DraftKings & How Do You Sell $102M of Louvre Loot?

Kalshi is Scaring DraftKings & How Do You Sell $102M of Louvre Loot?

Episode 698: Neal and Toby dive into why prediction markets are making their way into the sports-betting industry. Then, Meta thinks doing less is more to stay in the AI arms race by…cutting AI staff?...

23 Loka 202531min

Warner Bros. Discovery Is Up for Sale & Beyond Meat Meme Stock Moment?

Warner Bros. Discovery Is Up for Sale & Beyond Meat Meme Stock Moment?

Episode 697: Neal and Toby discuss Warner Bros. Discovery opening itself up for sale after getting a lot of interest. Then, leaked documents show Amazon is planning on going all-in on robotics to repl...

22 Loka 202531min

Amazon Outage Knocks Out the Internet & The iPhone 17 is Saving Apple

Amazon Outage Knocks Out the Internet & The iPhone 17 is Saving Apple

Episode 696: Neal and Toby talk about the outage of Amazon Web Services that knocked out basically half of the internet. Then, the iPhone 17 has seemingly been the key to Apple’s comeback as sales hav...

21 Loka 202527min

JPMorgan’s $3B Temple of Work & The Louvre Looted in Broad Daylight

JPMorgan’s $3B Temple of Work & The Louvre Looted in Broad Daylight

Episode 695: Neal and Toby discuss JPMorgan’s latest $3B crown jewel that towers over Manhattan, hoping to coax its workforce back in the office 5x/week. Speaking crown jewels…the Louvre museum became...

20 Loka 202528min

Seasonal Jobseekers in Trouble? & Waymo Will DoorDash Your Burrito

Seasonal Jobseekers in Trouble? & Waymo Will DoorDash Your Burrito

Episode 694: Neal and Toby preview the incoming influx of part-time seasonal workers expected to surge this holiday season as the accessibility of full-time continues to be scarce. Then, Uber is givin...

17 Loka 202531min

How the Fed Evaluates Inflation During a Shutdown, with the Chicago Fed President

How the Fed Evaluates Inflation During a Shutdown, with the Chicago Fed President

Episode 693: In this very special episode, Neal and Toby sit down with the president of the Federal Reserve Bank of Chicago Austan Goolsbee to discuss how the country’s central bank is managing the da...

16 Loka 202531min

Walmart and OpenAI Go Shopping Together & Silver Takes Gold

Walmart and OpenAI Go Shopping Together & Silver Takes Gold

Episode 692: Neal and Toby chat about Trump’s tariffs on imported lumber and furniture, potentially having an outsized impact on American homes…literally. Then, Walmart partners with OpenAI to bring a...

15 Loka 202528min

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