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

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 Adobe Scraps $20B Deal with Figma & Why Apple is Suspending the Next Apple Watch

Adobe Scraps $20B Deal with Figma & Why Apple is Suspending the Next Apple Watch

Episode 216: Neal and Toby discuss why Adobe's $20 billion acquisition of Figma fell through and what it means for major mergers moving forward. Plus, why attacks on oil tankers are disrupting trade r...

19 Joulu 202327min

Why Ketamine Startups are Struggling & Travis Kelce is King of Game-Day Ads

Why Ketamine Startups are Struggling & Travis Kelce is King of Game-Day Ads

Episode 215: Neal and Toby discuss what Uber joining the S&P 500 means and how seven tech companies are carrying the stock market right now. Plus, Ketamine startups are struggling in the wake of Matth...

18 Joulu 202329min

Why Companies Do Layoffs Before the Holidays & Disney's Board Battle

Why Companies Do Layoffs Before the Holidays & Disney's Board Battle

Episode 214: Neal and Toby look at the recent layoffs from Cruise, Hasbro and Etsy and explain why companies announce layoffs just before the holidays. Plus, there's a board battle brewing at Disney a...

15 Joulu 202327min

The Pro Sports Move Costing DC Billions & 'Nerds' Candy Sweet $500M Business

The Pro Sports Move Costing DC Billions & 'Nerds' Candy Sweet $500M Business

Episode 213: Neal and Toby explain why Washington DC's pro sports teams are moving to Northern Virginia and the financial implications it will have on both regional economies. Plus, Tesla recalls 2 mi...

14 Joulu 202328min

Your Wages Are Catching Up to Inflation & Why Tesla Could Sue Cyber Truck Owners

Your Wages Are Catching Up to Inflation & Why Tesla Could Sue Cyber Truck Owners

Episode 212: Neal and Toby discuss how gas prices and wage rates have impacted the latest inflation report. Plus, Netflix posts viewer data from every show for the first time ever and Tesla says they ...

13 Joulu 202325min

Google Takes a Big L & YouTube Soars Past TikTok

Google Takes a Big L & YouTube Soars Past TikTok

Episode 211: Neal and Toby talk about Epic Games latest victory against Google that could shift the app market. Next, the economy’s biggest threat doesn’t come from financial institutions, but our geo...

12 Joulu 202327min

Elon Musk Unbans Alex Jones & SmileDirectClub Files for Bankruptcy

Elon Musk Unbans Alex Jones & SmileDirectClub Files for Bankruptcy

Episode 210: Neal and Kyle recap the weekend with major leadership changes in Argentina and the University of Pennsylvania, both in economical turmoil. Then, Elon Musk brings back Alex Jones on X whil...

11 Joulu 202327min

Cameos as Propaganda? & Tech Startups Are Out of Money

Cameos as Propaganda? & Tech Startups Are Out of Money

Episode 209: Neal and Toby preview what to expect from today's jobs report. Plus, Russia was using celebrity cameos as propaganda and are tech startups really running out of money? The guys share thei...

8 Joulu 202328min

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