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

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AI Music is Catching On & Businesses Have a Penny Problem

AI Music is Catching On & Businesses Have a Penny Problem

Episode 704: Happy Halloween! Neal and Toby cover Apple’s earnings which beat expectations thanks to a reinvigorated demand for the iPhone 17. And Amazon’s cloud business is booming.Then, since the st...

31 Okt 202529min

The Fed Slashes Rates Again & Big Tech’s Endless AI Spending

The Fed Slashes Rates Again & Big Tech’s Endless AI Spending

Episode 703: Neal and Toby recap big tech earnings coming from Meta, Microsoft, and Alphabet. Then, the Fed makes its 2nd rate cut for the year as well as ending the effort to reduce its balance sheet...

30 Okt 202531min

Mass Layoffs Hit Corporate America & Musk’s Grokipedia vs. Wikipedia

Mass Layoffs Hit Corporate America & Musk’s Grokipedia vs. Wikipedia

Episode 702: Neal and Toby discuss the wave of layoffs sweeping across companies in different industries as a result of AI and mergers. Then, Microsoft and OpenAI reach a new deal that enables a for-p...

29 Okt 202529min

Govt. Shutdown Threatens Food Stamps & AI Giving Performance Reviews?

Govt. Shutdown Threatens Food Stamps & AI Giving Performance Reviews?

Episode 701: Neal and Toby give an update on the government shutdown approaching its 28th day, which now threatens funding SNAP benefits that millions of Americans rely on. Plus, airport delays contin...

28 Okt 202527min

Trump Raises Tariffs On Canada Over Ad Spat & Nike Wants Motorized Walking

Trump Raises Tariffs On Canada Over Ad Spat & Nike Wants Motorized Walking

Episode 700: Neal and Toby talk about Trump’s tariff retaliation on Canada after it aired a misleading ad on TV. Then, Argentina’s Javier Milei’s free-market revolution hangs in the balance of the cou...

27 Okt 202527min

Gambling Scandal Rocks the NBA & Oil Jumps After US Sanctions Russia

Gambling Scandal Rocks the NBA & Oil Jumps After US Sanctions Russia

Episode 699: Neal and Toby unpack the gambling scandal that’s led to the arrests of Chauncey Billups and Terry Rozier, which also involves an organized crime family. Then, the US just placed sanctions...

24 Okt 202529min

Kalshi is Scaring DraftKings & How Do You Sell $102M of Louvre Loot?

Kalshi is Scaring DraftKings & How Do You Sell $102M of Louvre Loot?

Episode 698: Neal and Toby dive into why prediction markets are making their way into the sports-betting industry. Then, Meta thinks doing less is more to stay in the AI arms race by…cutting AI staff?...

23 Okt 202531min

Warner Bros. Discovery Is Up for Sale & Beyond Meat Meme Stock Moment?

Warner Bros. Discovery Is Up for Sale & Beyond Meat Meme Stock Moment?

Episode 697: Neal and Toby discuss Warner Bros. Discovery opening itself up for sale after getting a lot of interest. Then, leaked documents show Amazon is planning on going all-in on robotics to repl...

22 Okt 202531min

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