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Morning Brew Daily

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10 snips
Nov 26, 2024 • 33min

Macy’s Panics Over $154M Expense Cover Up & Space Rocket Wars Heat Up

Macy's faces a financial scandal after an employee concealed $154M in delivery expenses before an earnings call. Meanwhile, California's Governor Newsom proposes a tax credit for electric vehicles in light of potential federal tax changes. The job market shifts towards AI skills, leaving traditional coding less relevant, while competitive dynamics in the aerospace industry heat up. Lastly, a look at urban evolution reveals the impact of wealth distribution on communities, showcasing New York City's changing landscape.
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15 snips
Nov 25, 2024 • 29min

Wall Street Exec. Tapped for Treasury Secretary & European EV Market In Trouble?

The selection of Scott Bessent as Treasury Secretary raises eyebrows across Wall Street and among influential figures. Meanwhile, an Indian billionaire's alleged bribery case complicates U.S.-India ties amid accusations of fraud involving the Adani Group. The bankruptcy of Northvolt, a key player in Europe’s EV market, signals trouble ahead for the industry. On a lighter note, 'Wicked' dominates the box office, while the chess world buzzes with excitement over the latest championship. A humorous take on Thanksgiving traditions adds a festive twist.
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Nov 22, 2024 • 31min

Can Bluesky Dethrone X? & ‘Wicked,’ ‘Gladiator II’ Captures Double-Header Magic

The hosts dive into the excitement surrounding the upcoming releases of 'Wicked' and 'Gladiator II,' comparing their marketing impact to the 'Barbenheimer' phenomenon. They discuss the user exodus from X and the rise of Bluesky, pondering its capacity for increased traffic. An intriguing look at Pokémon Go reveals its use of player data to enhance AI navigation capabilities. Financial insights spotlight MicroStrategy as the 'Stock of the Week,' while Ford faces challenges in the EV market amidst China's rapid infrastructure development.
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13 snips
Nov 21, 2024 • 32min

Comcast Dumps Struggling Cable Biz & Is Target in Trouble?

Comcast is offloading its struggling cable business, signaling a big shift in the media landscape. Target is facing serious challenges with its latest sales report, while price cuts try to woo back shoppers. The bizarre connection between the McRib and stock market trends offers a humorous take on consumer behavior. Amid playful discussions, banana art and dog toys bring lightness to serious topics, including artistic value and corporate innovation challenges.
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Nov 20, 2024 • 29min

High-Income Shoppers Flock to Walmart & Jersey Mike’s $8B Bet to Take On Subway

Walmart is strategically attracting high-income shoppers, reporting impressive earnings as they gear up for the holidays. Jersey Mike's is making waves with an $8 billion investment from Blackstone, positioning itself as a contender against Subway. Meanwhile, Jaguar is rebranding for the ultra-luxury electric vehicle market. Northwestern is pushing boundaries with plans for a groundbreaking stadium experience. Tune in for insights on these trends and the latest headlines to keep you informed!
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31 snips
Nov 19, 2024 • 30min

Spirit Airlines Grounded by Bankruptcy & New FCC Threatens Big Tech

Spirit Airlines’ recent bankruptcy reveals struggles within the budget airline industry, with challenges heightened after the pandemic. The new FCC chair, Brendan Carr, is stirring up debates on Big Tech regulation while a Pew report shows that social media influencers are gaining ground as news sources. Additionally, dermatology is becoming a hot career choice, driven by social media trends and a desire for work-life balance. The episode wraps up with insights into the evolving media landscape and the broader implications for various industries.
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16 snips
Nov 18, 2024 • 29min

Netflix Draws 60M Households in Live Sports Gamble & Are Spam Calls Over?

Netflix's foray into live sports faced major glitches, frustrating viewers during a highly anticipated event. Tensions rose between Trump and Musk over potential Treasury Secretary picks. Meanwhile, the NBA secured a deal with Warner Bros. to keep their content alive on streaming. The decline of spam calls is notable, thanks to regulatory efforts battling rising scams. Plus, pop artists are making surprising country music moves, and essential financial news rounds out the conversation, setting the stage for the week ahead.
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11 snips
Nov 15, 2024 • 31min

Meta Heading to Antitrust Trial Over IG, Whatsapp & Disney+ Rallies With 4.4M Subs

Meta faces an antitrust trial that could split Instagram and WhatsApp from the tech giant. Disney shines in the spotlight with rising Disney+ subscriptions, raising questions about Bob Iger's legacy. The electric vehicle sector feels the heat as tax credit changes loom. Meanwhile, satirical front-runner The Onion makes waves by acquiring InfoWars, prompting discussions about media accountability. Plus, the latest headlines round out your weekend news.
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20 snips
Nov 14, 2024 • 30min

Grubhub Acquired to be a Part of New Super App & Advertisers Back in on 'X'?

A massive loss of $6.5 billion marks Grubhub's acquisition by Wonder Group, raising questions about its future in a competitive delivery market. As some users abandon X for new platforms, brands are contemplating a return. NYC's new bill shifts broker fees from renters to landlords, potentially easing financial burdens. Additional insights include Amazon's market maneuvers, NFL bettors defying the odds, and Netflix's intriguing podcast evolution. Finally, updates on Red Lobster's hush puppies and Spotify's video venture add a dash of flavor to the discussion.
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7 snips
Nov 13, 2024 • 31min

Wall Street Brings Back Bigger Bonuses & Trouble in Mega-City Neom Paradise?

Wall Street is seeing a comeback with rising bonuses for finance professionals after a two-year slump. Activist investor Elliott Management is shaking things up at Honeywell, calling for significant restructuring. Meanwhile, the futuristic city of Neom faces setbacks with the sudden departure of its CEO. On the tech front, Amazon is innovating with smart glasses for delivery drivers to streamline operations. The chat wraps up with insights on today's biggest headlines.

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