McDonald's Stock Tumbles After E. coli Outbreak & Retailers Finally Slash Prices

McDonald's Stock Tumbles After E. coli Outbreak & Retailers Finally Slash Prices

Episode 437: Neal and Toby talk about the IMF’s recent report that puts the US at the top when it comes to global economic productivity, thanks to a healthy dose of tech and energy investments. Then, McDonald’s deals with a PR crisis as an e.coli outbreak is linked to one of its beloved menu items. Also, Target, Walmart, and other major retailers are rolling back prices to win back inflation-scarred shoppers – just in time for holidays, of course. Plus, researchers have found Arkansas is sitting on a massive lithium repository. Meanwhile, the FAA finally changed an antiquated rule that required an off switch for the ‘No Smoking’ sign on planes. Lastly, the last-minute news to catch up on. 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. Find your fit at bonobos.com and use code BREW20 for 20% off. 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 A Bond Account is a self-directed brokerage account with Public Investing, member FINRA/SIPC and includes 10 investment-grade and high-yield bonds. As of 10/8/2024, the average, annualized yield to worst (YTW) across all ten bonds is greater than 6%. A bond’s YTW is not “locked in” until the bond is purchased and is not guaranteed; you may receive less than the YTW of the bonds in the Bond Account if you sell any of the bonds before maturity or if the issuer defaults on the bond. While corporate bond yields should fall in reaction to a Federal Reserve rate cut, there is no way to know whether that will be true of the bonds in the Bond Account, how quickly bond yields will respond, or by how much they will decline. Bond Accounts are not recommendations of individual bonds or default allocations. The bonds in the Bond Account have not been selected based on your needs or risk profile. All investing involves risk. Public Investing charges a markup on each bond trade. High Yield bonds carry greater risk of default. Visit public.com/bond-account to learn more. 00:00 - NBA Beer Prices 02:15 - IMF US Economy Report 07:40 - McDonald’s E. Coli Outbreak 11:50 - Retailers cutting Prices 16:00 - Arkansas Lithium 19:45 - FAA and No Smoking Signs 23:15 - News Headlines Learn more about your ad choices. Visit megaphone.fm/adchoices

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BYD Zooms By Tesla & The Boston Celtics Sell for Over $6B

BYD Zooms By Tesla & The Boston Celtics Sell for Over $6B

Episode 544: Neal and Kyle discuss 2 EV makers going in opposite directions as BYD claims it can charge as fast as 5mins while Tesla continues to struggle. Then, Trump’s executive order to dismantle the Department of Education leaves student loans in the air. Plus, the Boston Celtics sold for $6.1B, making it the biggest sale of a team in US history. Meanwhile, Disney’s remake of ‘Snow White’ comes to theaters, but not without a ton of baggage. Finally, this year’s list of the world’s happiest countries…and no surprise that No. 1 is a Nordic country. 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. Learn more at sophos.com Get your MBD mug here: https://shop.morningbrew.com/products/morning-brew-daily-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

21 Mars 30min

Fed Holds Rates Steady & 'X' Worth $44B Again?

Fed Holds Rates Steady & 'X' Worth $44B Again?

Episode 543: Neal and Toby recap the latest Fed meeting where Chair Jerome Powell is playing it safe and keeping rates steady. Then, Elon Musk’s X has made a dramatic turnaround bringing the platform back to its original valuation, which may coax advertisers back. Plus, Ben & Jerry’s is alleging its CEO was fired due to the brand’s political posts which was a violation of its merger agreement. Meanwhile, Neal shares his numbers on Volkswagen’s sausages, French bulldogs, and the first student manager NIL deal. Lastly, will there be a day AI helps someone pick a Perfect Bracket for March Madness? 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. Learn more at sophos.com Get your MBD mug here: https://shop.morningbrew.com/products/morning-brew-daily-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

20 Mars 27min

Google Closes Historic $32B Deal & Nvidia Drops Hot New AI Chip

Google Closes Historic $32B Deal & Nvidia Drops Hot New AI Chip

Episode 542: Neal and Toby discuss the biggest M&A deal in Alphabet’s history after it acquired cybersecurity company Wiz for $32B. Then, a corporate espionage story involving two dominant HR software companies that could be taken straight out of a Hollywood script. Plus, Nvidia hosts its highly anticipated GTC event which just unveiled its latest AI chip. Also, tennis superstar Novak Djokovic is leading the charge for his tennis players’ union to reform the governing bodies over Tennis, claiming they’re a “cartel” preventing equitable player pay.  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. Learn more at sophos.com Get your MBD mug here: https://shop.morningbrew.com/products/morning-brew-daily-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

19 Mars 28min

Forever 21 Goes Bankrupt & ChatGPT Can Have Anxiety?

Forever 21 Goes Bankrupt & ChatGPT Can Have Anxiety?

Episode 541: Neal and Toby chat about how Forever 21, once a pioneer of fast-fashion, couldn’t keep up with the likes of Shein and Temu as it files for its 2nd bankruptcy. Then, PepsiCo places a $2B bet on Poppi, the trendy prebiotic soda brand. Also, more and more Americans are turning to ChatGPT as their low-cost personal therapists, but even ChatGPT can experience anxiety from traumatic prompts. Meanwhile, Toby examines the trend of ‘vibecoding’ where users can build sophisticated apps with zero coding experience and an idea. 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. Learn more at sophos.com Get your MBD mug here: https://shop.morningbrew.com/products/morning-brew-daily-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

18 Mars 27min

Klarna Wants to Replace Humans with AI & Spirit Leverages Southwest Debacle?

Klarna Wants to Replace Humans with AI & Spirit Leverages Southwest Debacle?

Episode 540: Neal and Toby dive into Klarna’s IPO filing and how the CEO has publicly embraced trading human work for AI. Then, the latest Trump policies have put the US dollar in a precarious position of losing its world dominance while the euro is rising up the ranks. Also, Spirit Airlines exits bankruptcy at a time where travelers are looking to leave Southwest for another low-budget airline. Perfect timing? Meanwhile, the weekend’s winners are law schools and NASA astronauts Butch Wilmore and Suni Williams. Finally, what’s coming up in the week ahead. Learn more at Sophos.com 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. 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

17 Mars 27min

Trade War Spills Over Champagne & Meta Tries to Slow Tell-All Book

Trade War Spills Over Champagne & Meta Tries to Slow Tell-All Book

Episode 539: Neal and Toby chat about Trump’s latest tariff threat that has escalated trade wars on alcohol. Who needs a drink? Then, a former Meta employee publishes a book detailing the toxic environment at the top level and Meta is doing everything in its power to stop it. Also, Wall Street is applauding the arrival of Intel's new CEO, making it our Stock of the Week. And Kohl’s weak forecast makes it the Dog of the Week. Meanwhile, Formula 1 makes its grand return to the starting line and everyone is anticipating Lewis Hamilton’s newest digs. 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. Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow There are risks involved with investing in ETFs, including possible loss of money. ETFs are subject to risks similar to those of stocks. Investments focus in a particular sector, such as technology, are subject to greater risks and are more greatly impacted by market volatility, than more diversified investments. The Nasdaq-100 Index® includes the 100 largest non-financial companies listed on the Nasdaq. An investment cannot be made directly into an index. Invesco Distributors, Inc. Learn more about your ad choices. Visit megaphone.fm/adchoices

14 Mars 28min

Inflation Cools More Than Expected & 'Pokémon GO' Heads to Saudi Arabia

Inflation Cools More Than Expected & 'Pokémon GO' Heads to Saudi Arabia

Episode 538: Neal and Toby dive into the latest inflation report that shows it cooled a bit, which is a welcomed sign. But some can’t forget that the ongoing trade war could spoil the party. Then, RFK Jr. meets with CEOs of major food companies and urges them to remove artificial dyes from their products. Also, the popular mobile game Pokémon Go is being sold to a Saudi Arabian company that looks to expand its gaming aspirations. Meanwhile, Neal shares his favorite numbers on the workday clock-outs, car tech, and America’s longest conveyor belt.  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. Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow There are risks involved with investing in ETFs, including possible loss of money. ETFs are subject to risks similar to those of stocks. Investments focus in a particular sector, such as technology, are subject to greater risks and are more greatly impacted by market volatility, than more diversified investments. The Nasdaq-100 Index® includes the 100 largest non-financial companies listed on the Nasdaq. An investment cannot be made directly into an index.  Invesco Distributors, Inc. Learn more about your ad choices. Visit megaphone.fm/adchoices

13 Mars 27min

Southwest Scraps Free Checked Bags & Tariffs Hit Steel and Aluminum

Southwest Scraps Free Checked Bags & Tariffs Hit Steel and Aluminum

Episode 537: Neal and Toby discuss why Southwest is ditching one of its most prized perks: ‘2 bags fly free’ and why the airline industry is still struggling to takeoff. Then, Trump scares markets with a hike of Canadian steel and aluminum tariff to 50% but quickly pulls back. But the 25% is still happening. Plus, Greenlanders will have their say on their independence during their election and are sitting on a goldmine of valuable minerals.  Also, Japan is seeing record snowfall which has skiers from all around the world flocking to its resorts… Which is also causing safety challenges. 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. Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow There are risks involved with investing in ETFs, including possible loss of money. ETFs are subject to risks similar to those of stocks. Investments focus in a particular sector, such as technology, are subject to greater risks and are more greatly impacted by market volatility, than more diversified investments. The Nasdaq-100 Index® includes the 100 largest non-financial companies listed on the Nasdaq. An investment cannot be made directly into an index.  Invesco Distributors, Inc. Learn more about your ad choices. Visit megaphone.fm/adchoices

12 Mars 27min

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