Stock Market Surges After 'Aggressive' Fed Rate Cut & Costco Launches New Product…Housing?

Stock Market Surges After 'Aggressive' Fed Rate Cut & Costco Launches New Product…Housing?

Episode 413: Neal and Toby recap the Fed’s decision to make an aggressive cut by 50-basis points and how the stock market reacted. Then, a deadly attack in Beirut caused by exploding pagers has everyone wondering why these pagers are connected to Taiwan. Next, Snap launches their latest AR glasses that are built for developers. Meanwhile, Neal shares his favorite numbers from Norway EVs, Costco housing, and Real Madrid’s noisy stadium. Lastly, the once iconic Tupperware brand files for bankruptcy. Subscribe to Morning Brew Daily for more of the news you need to start your day, share the show with a friend, and leave us a review on your favorite podcast app. To learn more about how Wise could work for your business, visit https://wise.com/business Get your Morning Brew Daily T-Shirt HERE: https://shop.morningbrew.com/products/morning-brew-radio-t-shirt?_pos=1&_sid=6b0bc409d&_ss=r&variant=45353879044316 Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow 00:00 - Toy Hall of Fame 02:40 - The Fed cuts rates 08:10 - Pager explosion supply chain 12:45 - Snap AR Spectacles 17:45 - Norway EVs 20:00 - Costco housing 23:00 - Spain concert venue fail 26:00 - Tupperware bankruptcy Learn more about your ad choices. Visit megaphone.fm/adchoices

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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 Juli 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 Juli 202326min

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