Middle East Tensions Scares Stock Market & Nike Loses Its ‘Cool’?

Middle East Tensions Scares Stock Market & Nike Loses Its ‘Cool’?

Episode 422: Neal and Toby discuss the rising tensions in the Middle East and how the stock market is reacting. Then, Nike sales have slumped last quarter signifying that it might not be the coolest sneaker on the streets anymore. Plus, California bans private colleges and universities from using special consideration or family connections for admissions, also known as legacy admissions. Next, CNN finally succumbs to the wave using a paywall, joining alongside other major news outlets that are fighting for new revenue streams. Meanwhile, Asheville, North Carolina was once a ‘climate haven’, as in, a city that could withstand the harshest effects of climate disasters. Unfortunately, Hurricane Helene has changed all that. Lastly, a Montana man is arrested and sentenced to federal prison for cloning a giant sheep and constructing an elaborate sheep scheme. 00:00 - What was your Bday weather? 3:10 - Middle East conflict shakes Stock Market 8:10 - California bans legacy admissions at private colleges 11:30 - Nike loses its cool? 17:15 - CNN puts up a paywall 21:50 - Climate havens are no more 25:50 - Sheep scandal 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 Learn more about your ad choices. Visit megaphone.fm/adchoices

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The Silicon Valley Bank implosion and what's next for you & investors

The Silicon Valley Bank implosion and what's next for you & investors

Episode 15: Neal and Toby take a deep dive into what happened with Silicon Valley Bank over the weekend. They dissect the timeline, the discourse around it and what this could mean for the future of t...

13 Mars 202324min

Banks losing billions, Biden's budget and Czech Baseball Team side hustles

Banks losing billions, Biden's budget and Czech Baseball Team side hustles

Episode 14: Neal and Toby explain why banks are losing billions after the stumble of SVB financial group. They also take a look at President Biden's budget proposal and what it could mean for the weal...

10 Mars 202325min

Yeezy's push Adidas losses, Betting on the WWE?, LA Clippers love toilets

Yeezy's push Adidas losses, Betting on the WWE?, LA Clippers love toilets

Episode 13: Neal and Toby take a look at why Adidas is warning of their first annual loss in over 30 years after their billion dollar fallout with Yeezy. They also discuss why the WWE is looking to le...

9 Mars 202326min

Mexican Medical Tourism, DOJ vs JetBlue & Spirit, ChatGPT meets Slack

Mexican Medical Tourism, DOJ vs JetBlue & Spirit, ChatGPT meets Slack

Episode 12: Neal and Toby take a look at the economics behind Mexican medical tourism after two Americans were killed in a Cartel mix up after traveling to the country for a plastic surgery procedure....

8 Mars 202327min

California to cut ties with Walgreens, EV Bike Fires, Swiss Chocolate Drama

California to cut ties with Walgreens, EV Bike Fires, Swiss Chocolate Drama

Episode 11: Neal and Toby discuss California cutting ties with Walgreens over the pharmacy's position on abortion pills. They also get into the implications of EV bike fires and why the Swiss are putt...

7 Mars 202325min

Companies push 'premium' products,  Amazon HQ2 delay, ChatGPT student survey

Companies push 'premium' products, Amazon HQ2 delay, ChatGPT student survey

Episode 10: Neal and Toby discuss the economic strategy that companies are taking pushing higher end products to maintain profits. They also dig into Amazon pausing construction on their new headquart...

6 Mars 202324min

Can Only the Rich Buy A House? Whiskey Fungus, Glassdoor for NFL Teams

Can Only the Rich Buy A House? Whiskey Fungus, Glassdoor for NFL Teams

Episode 9: Neal and Toby break down why you have to make more money than ever to own a home. Good luck millennials! Also what The Last of Us and Jack Daniel's have in common. Plus the NFLPA released r...

3 Mars 202327min

Tesla Investor Day Underwhelms, TikTok Time Limit, Tequila & High Noons?

Tesla Investor Day Underwhelms, TikTok Time Limit, Tequila & High Noons?

Episode 8: Neal and Toby discuss why Elon's Master plan fell flat at Investor Day. They'll examine TikTok's new time limit for teens and why Eli Lilly is slashing insulin prices. Neal tells us why sti...

2 Mars 202325min

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