Roaring Kitty's $116M Stake Sends GameStop Soaring & Spotify is Hiking Prices... AGAIN

Roaring Kitty's $116M Stake Sends GameStop Soaring & Spotify is Hiking Prices... AGAIN

Episode 336: Neal and Toby chat about ‘Roaring Kitty’s ability to move the stock market with simple, often cryptic posts. Then, Spotify is raising its price for the 2nd time in a year and why it may be in a unique position to do so without any blowback. Also, a mortgage lender offers 0% down payment to homebuyers which may echo the issues that led to the 2008 financial crisis. Meanwhile, American Express is finding new excitement among youthful cardholders looking to maximize its renewed benefits programs. Next, Toby examines the trend of dad sneakers becoming a hit in the running and fashion industry. Lastly, consumers prefer using laptops to make big purchases and why that’s problematic for retailers. Download the Yahoo Finance App (on the Play and App store) for real-time alerts on news and insights tailored to your portfolio and stock watchlists. 00:00 - Berkshire Hathaway glitch 2:45 - ‘Roaring Kitty’ has lots of power 7:30 - Spotify asks for more money again 11:00 - 0% down payment too good to be true? 15:15 - Asics dad sneakers are cool? 18:45 - Amex is popular among GenZ 22:15 - Laptop v. Mobile shopping 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(826)

PayPal Enters Crypto Game with New Stablecoin & Warren Buffett is Crushing It Right Now

PayPal Enters Crypto Game with New Stablecoin & Warren Buffett is Crushing It Right Now

Episode 120: Neal and Toby explain why Paypal is entering the Stablecoin game and what that could mean for their crypto business. Plus, Berkshire Hathaway shares have never been higher and LA workers ...

8 Aug 202328min

The Billion $$$ NCAA Shakeup & Zoom Says Remote Work is Dead

The Billion $$$ NCAA Shakeup & Zoom Says Remote Work is Dead

Episode 119: Neal and Toby are back from the weekend and are breaking down the college conference realignment that is costing millions in television deals. Plus, remote work is officially dead as Zoom...

7 Aug 202328min

Apple Sales in a Major Slump & Your AI Dating Wingman

Apple Sales in a Major Slump & Your AI Dating Wingman

Episode 118: Neal and Toby celebrate Friday by diving into Apple and Amazon earnings reports, including Amazon's blowout profit and why Apple is struggling with sales... But customers have over $10 bi...

4 Aug 202327min

Economists Scrap Recession Forecasts & Amazon's Grocery Store Overhaul

Economists Scrap Recession Forecasts & Amazon's Grocery Store Overhaul

Episode 117: Neal and Toby discuss Bank of America economists scrapping their recession forecast and what it could mean on a larger scale. The guys also get into why Amazon is overhauling their grocer...

3 Aug 202327min

US Debt Rating Gets Downgraded & How Uber Is Finally Making Money

US Debt Rating Gets Downgraded & How Uber Is Finally Making Money

Episode 116: Neal and Toby discuss Fitch downgrading the US debt rating from AAA to AA+, citing how close Congress was to defaulting on the debt ceiling as well as the insurrection. The guys also go t...

2 Aug 202328min

Biden's Plan for $0 Student Loan Payments & How A.I. is Shaping the Future of Warfare

Biden's Plan for $0 Student Loan Payments & How A.I. is Shaping the Future of Warfare

Episode 115: Neal and Toby discuss President Biden's new student loan plan that could cost borrowers... $0 a month? Plus, the first ever Nuclear reactor that was built from scratch and how it went $31...

1 Aug 202327min

Facebook's $20 Million Algorithm Study & Why Some Credit Card Companies Hate Marijuana

Facebook's $20 Million Algorithm Study & Why Some Credit Card Companies Hate Marijuana

Episode 114: Neal and Kyle discuss the research published over the weekend that says Facebook algorithms are not responsible for political polarization. which comes on the tails of Meta's strong earni...

31 Jul 202327min

July Set to be the Hottest Month Ever, Grimace Helps McDonald's Soar & What's a 'Lazy Girl Job'?

July Set to be the Hottest Month Ever, Grimace Helps McDonald's Soar & What's a 'Lazy Girl Job'?

Episode 113: Neal and Kyle explain why this July is set to be the hottest month in Earth's history and what the economic fallout is from the sky high temperatures. Plus, McDonald's Grimace campaign se...

28 Jul 202326min

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