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

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

Episoder(825)

Microsoft and Alphabet Ready to Spend Big on AI & Parents Dropping $4k on Sorority Consultants?

Microsoft and Alphabet Ready to Spend Big on AI & Parents Dropping $4k on Sorority Consultants?

Episode 111: Neal and Toby dive into the earnings reports from Microsoft and Alphabet and explain why big tech is ready to spend big on AI. Also, UPS Workers agree on a deal worth $30 billion to avoid...

26 Jul 202327min

Sam Altman Launches 'Worldcoin', Who College Admissions Are Snubbing & Neopets' New Era

Sam Altman Launches 'Worldcoin', Who College Admissions Are Snubbing & Neopets' New Era

Episode 110: Neal and Toby discuss Sam Altman's newest crypto project that requires users to verify their identity by scanning their eyeballs. Plus, the guys break down new research that shows why the...

25 Jul 202326min

Twitter Rebrands to 'X' and 'Barbenheimer' Makes $230+ Million On Opening Weekend

Twitter Rebrands to 'X' and 'Barbenheimer' Makes $230+ Million On Opening Weekend

Episode 109: Neal and Toby explain why Elon Musk has decided to rebrand Twitter as, 'X'. Plus it looks like 'Barbenheimer' surpassed expectations after making history at the box office, raking in over...

24 Jul 202328min

How 'Barbenheimer' Can Save The Box Office & Kim Kardashian's 'Skims' Worth $4 Billion

How 'Barbenheimer' Can Save The Box Office & Kim Kardashian's 'Skims' Worth $4 Billion

Episode 108: Kelsey Sutton joins the show! Kelsey is the Deputy Editor of Marketing Brew and lends her expertise as she and Neal break down all of the hype surrounding the opening weekend for blockbus...

21 Jul 202330min

Tesla Posts Record Q2 Revenue, Goldman Sachs Struggles & Wesleyan Ends Legacy Admissions

Tesla Posts Record Q2 Revenue, Goldman Sachs Struggles & Wesleyan Ends Legacy Admissions

Episode 107: Neal and Toby discuss the biggest earnings reports from Wednesday, including Tesla's record Q2 revenue, Netflix's major growth in subscribers and Goldman Sachs drop in profits. Also the g...

20 Jul 202328min

Record Heat Hits Europe, SAG-AFTRA Takes on Influencers & Apple Maps is Good Now?

Record Heat Hits Europe, SAG-AFTRA Takes on Influencers & Apple Maps is Good Now?

Episode 106: Toby and Neal discuss the record temperatures over in Europe during peak travel season. Plus, how could influencers take advantage of the SAG-AFTRA strike in Hollywood and Meta introduces...

19 Jul 202329min

Americans Finally Have Money in the Bank & Promising New Alzheimer's Drug

Americans Finally Have Money in the Bank & Promising New Alzheimer's Drug

Episode 105: Neal and Toby explain why Americans currently have the most cash in the bank since before the pandemic. Plus, why wages are finally starting to outpace inflation but for Europeans, the st...

18 Jul 202328min

DeSantis Burning Through Cash, Actor and UPS Strikes Could Cost Billions, & Tesla Cybertruck is Here

DeSantis Burning Through Cash, Actor and UPS Strikes Could Cost Billions, & Tesla Cybertruck is Here

Episode 104: Neal and Toby explain how Ron DeSantis spend $7.9 million in his first six weeks of his Presidential campaign and how other candidates are spending and fundraising comparatively. Plus, wh...

17 Jul 202330min

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