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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Mug Shot Merch Takes Over the Internet & SpaceX Sued by the DOJ

Mug Shot Merch Takes Over the Internet & SpaceX Sued by the DOJ

Episode 133: Neal and Toby discuss how former President Donald Trump's mug shot took over the internet on Thursday evening and how Etsy sellers are making money off of the merch. They also explain why...

25 Elo 202327min

Nvidia Rides AI Boom to Massive Quarter & India's Lunar Landing

Nvidia Rides AI Boom to Massive Quarter & India's Lunar Landing

Episode 132: Neal and Toby start Thursday with a deep dive into Nvidia's earnings report where they raked in billions in the second quarter thanks to their focus on artificial intelligence. They also ...

24 Elo 202328min

Biden's Plan to Help With Student Loans Launches & US Homes are Shrinking

Biden's Plan to Help With Student Loans Launches & US Homes are Shrinking

Episode 131: Neal and Toby circle back and update some stories Morning Brew Daily has been following the last couple of weeks. Including Biden's plan to help student loan borrowers, Meta is launching ...

23 Elo 202328min

US Malls Aren't Dead Yet & Americans Want $80k for a New Job

US Malls Aren't Dead Yet & Americans Want $80k for a New Job

Episode 130: Neal and Toby explain why malls in the United States may not be going completely under just yet. Plus, why there is only one car left that costs under $20k and what is the average salary ...

22 Elo 202327min

The Race to the Moon is Back On & Why SF is Slowing It's Roll on Robotaxis

The Race to the Moon is Back On & Why SF is Slowing It's Roll on Robotaxis

Episode 129: Happy Birthday Neal! The guys jump into Monday and discuss the international space race to get back to the moon. They also explain how Meta's news ban in Canada is impacting how people ar...

21 Elo 202329min

Mortgage Rates Skyrocket to 20-Year High & Is Tourism Helping or Hurting Maui?

Mortgage Rates Skyrocket to 20-Year High & Is Tourism Helping or Hurting Maui?

Episode 128: Neal and Toby dive right in and discuss what has sent mortgage rates to the highest they have been in over 20 years and how US Treasury Yields are closing in on a 16-year high. They also ...

18 Elo 202328min

Target Struggles To Recover from Pride Backlash & Is Food Delivery Dead?

Target Struggles To Recover from Pride Backlash & Is Food Delivery Dead?

Episode 127: Neal and Toby discuss Target's latest earnings report and explain why the retailer struggled last quarter. Also, record labels are not producing pop stars like they used to and people are...

17 Elo 202328min

Is the Inflation Reduction Act Working? & Why Warren Buffett is All In On the US Housing Market

Is the Inflation Reduction Act Working? & Why Warren Buffett is All In On the US Housing Market

Episode 126: It's been a year since the Inflation Reduction Act has passed, and Neal and Toby discuss exactly what the bill has done with billions of investments into clean energy and jobs, and and wh...

16 Elo 202329min

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