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(824)

Is Amazon Prime Too Hard to Cancel? & Tylenol-maker Tanks From Autism Claims

Is Amazon Prime Too Hard to Cancel? & Tylenol-maker Tanks From Autism Claims

Episode 676: Toby and Kyle dive into two big trials tackling Big Tech. First, the FTC is alleging Amazon makes Prime too complicated to cancel. Then, it’s a redux of the Justice Department accusing Go...

23 Syys 202530min

$100K H1-B Visa Fee Upends Tech Sector & Murdochs Involved in TikTok Deal?

$100K H1-B Visa Fee Upends Tech Sector & Murdochs Involved in TikTok Deal?

Episode 675: Neal and Toby discuss the impact of the new $100K annual fee for H1-B Visas that has tech companies scrambling. Plus, details emerge from the pending TikTok deal that could bring ownershi...

22 Syys 202526min

Nvidia Throws $5B Lifeline to Intel & Amex Ups Annual Fee to $895

Nvidia Throws $5B Lifeline to Intel & Amex Ups Annual Fee to $895

Episode 674: Neal and Toby discuss the FTC’s suit to punish Ticketmaster after alleging it failed to combat bots. Then, Nvidia has come to save Intel as it takes a $5B stake into the company. Plus, Am...

19 Syys 202529min

Jimmy Kimmel Suspended ‘Indefinitely’ & The Fed Finally Cuts Rates

Jimmy Kimmel Suspended ‘Indefinitely’ & The Fed Finally Cuts Rates

Episode 673: Neal and Toby discuss another late-night shake up after Jimmy Kimmel is suspended ‘indefinitely’ after comments about the Charlie Kirk shooting. Then, the Fed makes its first rate cut sin...

18 Syys 202530min

The Wealthy Are Fueling US Spending & ChatGPT For Teens?

The Wealthy Are Fueling US Spending & ChatGPT For Teens?

Episode 672: Neal and Toby talk about the consumer spending remaining strong despite rising costs from tariffs. And, OpenAI shares their first public study on how we’re using ChatGPT. Also, Tesla is u...

17 Syys 202528min

US-China Reach Deal for TikTok & No More Quarterly Earnings?

US-China Reach Deal for TikTok & No More Quarterly Earnings?

Episode 671: Neal and Toby chat about the US and China reaching a framework deal on TikTok. Then, President Trump wants quarterly earnings reports to go away. Also, Alphabet surpasses the $3T market c...

16 Syys 202528min

Live Translation Turns Sci-Fi Into Reality & Workplace Dramas Win Emmys

Live Translation Turns Sci-Fi Into Reality & Workplace Dramas Win Emmys

Episode 670: Neal and Toby discuss the EV market perhaps seeing an end of an era as carbuyers make their last ditch efforts to buy EVs before the tax credit goes away. Then, Big Tech is making a big p...

15 Syys 202526min

Inflation Uptick Complicates Rate Cut & Pokémon Cards a Hot Investment?

Inflation Uptick Complicates Rate Cut & Pokémon Cards a Hot Investment?

Episode 669: Neal and Toby tackle the inflation report which shows a slight uptick in August, further complicating the Fed’s clear sign to lower interest rates. Then, Paramount Skydance makes an audac...

12 Syys 202526min

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