Logo
    Search

    ‘Red Hot’ US Economy Cooling Down? & Facebook’s Plan to Win Over Gen Z

    enJune 05, 2024

    Podcast Summary

    • Investing in Fidelity, FacebookFidelity provides commission-free trading on US stocks and ETFs with a $1 minimum investment, while Facebook focuses on content discovery and new features to attract younger demographics. Staying informed and adaptable are crucial in technology and finance.

      Fidelity offers commission-free trading on US stocks and ETFs with a minimum investment of $1, making it an accessible option for those looking to start investing. Meanwhile, Facebook is making efforts to regain the interest of younger demographics by focusing on content discovery and introducing new features such as marketplace, dating, groups, and events. In the world of technology and finance, adaptability and continuous learning are key to success. Whether you're starting your investment journey or trying to stay relevant in a constantly evolving digital landscape, it's important to stay informed and take advantage of the resources available to you.

    • Facebook Marketplace's potentialFacebook Marketplace, with its large user base and cultural appeal to young people, is a strong competitor in the secondhand goods market despite economic downturn

      Facebook, through its Marketplace feature, has the potential to regain user engagement and cultural relevance among young people, particularly in urban areas, by offering a popular platform for buying and selling secondhand goods. With over 1.2 billion monthly active users, Marketplace is the second most popular online site for secondhand goods after eBay, and its integration with Facebook's website and platform, as well as its cultural cachet among young people, make it a formidable competitor. However, the economy as a whole is showing signs of slowing down, with consumer spending decreasing and job openings falling to their lowest level in over 3 years, potentially indicating a broader economic downturn.

    • Economic slowdown and sports scandalsEconomic indicators suggest a potential slowdown, with consumers cutting back on spending and job security uncertain. Companies are increasing discounts. The Fed is monitoring closely and may hike interest rates to combat inflation. Sports scandals involving gambling on own team are rising, testing leagues' ability to balance legalization and integrity.

      The economic landscape is showing signs of potential slowdown, with consumer spending starting to plateau and labor market indicators suggesting decreased job security. Companies are responding by increasing discounts, indicating consumers are making tough budget choices. The Federal Reserve is closely monitoring this data, as it could lead to a potential interest rate hike to help combat inflation. In the sports world, scandals involving gambling on games involving one's own team have been on the rise, with the MLB and NBA both issuing lifetime bans to players involved. These incidents highlight the challenges sports leagues face in balancing the legalization of sports betting and maintaining the integrity of their games. In the coming weeks, key economic data, including the official jobs report and the Fed's policy meeting, will provide further insight into the health of the economy.

    • Sports GamblingThe Supreme Court's decision to legalize sports betting has led to increased revenue for pro sports leagues through partnerships with betting companies, but raises concerns about player integrity and conflicts of interest.

      The line between sports and gambling has become increasingly blurred, leading to scandals and investigations in professional sports leagues. The case of former MLB player Juan Marichal, who was banned for betting on baseball games, highlights the serious consequences of such activities. With the Supreme Court's decision in 2018 allowing states to legalize sports betting, the pro sports leagues have seen a significant increase in revenue through partnerships with betting companies. However, these partnerships raise questions about player integrity and the potential for conflicts of interest. The Marichal case is just the tip of the iceberg, and more scandals are expected to come to light across various sports leagues. Enforcement action from sportsbooks and increased transparency are necessary to maintain the integrity of the games and the leagues. Additionally, technology such as AT&T's in-car Wi-Fi is making it easier for people to stay connected and entertained during road trips.

    • Prebiotic/Probiotic drinks health claimsDespite ongoing lawsuits, health experts suggest that prebiotic/probiotic drinks are still a healthier alternative to sugary sodas due to lower sugar content and some prebiotic benefits.

      The popularity of prebiotic and probiotic beverages, like Poppy, as healthier alternatives to traditional sugary sodas is on the rise. However, the health claims made by these brands are being challenged in a class action lawsuit, with concerns over the amount of prebiotic fiber and sugar content. Despite these concerns, health experts suggest that these drinks are still a better option than traditional sodas due to their lower sugar content and some prebiotic benefits. The functional beverage market, which includes these types of drinks, is booming, with US sales more than tripling last year. The trend towards functional beverages is not new, with ancient Egyptians selling chamomile tea as the original functional beverage, and Red Bull initially positioning itself as a functional beverage. However, lawsuits challenging the health claims of these drinks are not uncommon, with past examples including Palm Pomegranate Juice and its claims to treat or prevent heart disease or prostate cancer. Despite this, 70 years after Fortune published its first Fortune 500 list, 49 of the original companies, including Walmart, remain on the list, demonstrating the enduring nature of some businesses.

    • Coldplay's sustainable touringColdplay is a pioneer in eco-friendly touring, using renewable energy sources and planting trees for every ticket sold, inspiring others in the industry to reduce their carbon footprint.

      Coldplay is leading the music industry in sustainability efforts, using kinetic dance floors, solar installations, and recycled batteries to power their tours. They've also planted a tree for every ticket sold and use eco-friendly materials for their merchandise. Coldplay isn't alone in this initiative, as artists like Neil Young, Bonnie Raitt, Billie Eilish, and Radiohead have also made strides towards sustainable touring. However, some artists, like Taylor Swift, have faced criticism for their carbon footprint, with her recent travels generating emissions equivalent to 14 times the average American's annual emissions. Despite this, Coldplay is setting the standard for eco-friendly touring and inspiring other artists to follow suit.

    Recent Episodes from Morning Brew Daily

    Apple Finally Joins AI Arms Race & Real Estate LOVES Restaurants

    Apple Finally Joins AI Arms Race & Real Estate LOVES Restaurants
    Episode 341: Neal and Toby recap Apple’s most important annual Worldwide Developer Conference where many expected AI to be the central theme..and it sure delivered. Then, another activist investor is on the offensive, but this time they've got their sights on Southwest Airlines. Next, French President Emmanuel Macron calls for a snap election that has the whole European stock market shook. Also, the restaurant industry is bouncing back furiously with millennials dining out more and making sure they get the perfect photo of their food for their Insta. Meanwhile, perhaps the biggest symbol of WeWork’s demise: a co-working competitor takes over its headquarters in New York. Lastly, Martha’s Vineyard has a cannabis problem due to a large body of water… Literally.  Download the Yahoo Finance App (on the Play and App store) for real-time alerts on news and insights tailored to your portfolio and stock watchlists. 00:00 - Songs of Summer 2:50 - Apple’s AI moment 7:45 - Southwest may be overhauled 11:50 - French snap elections shocks Europe 15:05 - Toby’s Trends: restaurants 17:30 - WeWork gets the WeWork treatment 20:45 - Martha’s Vineyard’s weed problem 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 Options are not suitable for all investors and carry significant risk. Option investors can rapidly lose the value of their investment in a short period of time and incur permanent loss by expiration date. Certain complex options strategies carry additional risk.  Investors must review the Options Disclosure Document (ODD): public.com/ODD. See Fee Schedule and Options Rebate & Referral T&Cs: public.com/disclosures. Brokerage services for US-listed securities and options offered through Public Investing, member FINRA & SIPC.  See terms of the Options Rebate Program. Rebate rates vary from $0.06-$0.18 and may depend on time of enrollment and number of referrals. Rates are subject to change at any time. All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing., member FINRA & SIPC. See public.com/#disclosures-main for more information. Learn more about your ad choices. Visit megaphone.fm/adchoices
    Morning Brew Daily
    enJune 11, 2024

    Silicon Valley Loves Trump's Tax Plan & GameStop Tanks After 'Roaring Kitty' Stream

    Silicon Valley Loves Trump's Tax Plan & GameStop Tanks After 'Roaring Kitty' Stream
    Episode 340: Neal and Kyle chat about Trump’s plan to win over Silicon Valley by expanding his 2017 tax breaks for corporations. Then, another British invasion is happening… This time, in the newsrooms. Why are the English stepping into the helm of major American newspapers? Next, Netflix is being sued for $170M by real-life Martha from ‘Baby Reindeer’ for defamation and misrepresentation. Plus, the biggest losers from the weekend: GameStop and USA Basketball. Meanwhile, a T20 Cricket World Cup between India and Pakistan held in New York draws millions of fans. Lastly, the biggest news you need to know for this week.  Download the Yahoo Finance App (on the Play and App store) for real-time alerts on news and insights tailored to your portfolio and stock watchlists. 00:00 - Joro-spider 2:30 - Trump visits Silicon Valley 7:15 - The Brits takeover US Newsrooms 12:00 - Netflix sued for $170M 15:15 - Losers of the weekend 19:20 - Cricket fever in the US 23:00 - Week ahead 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 Want to hear Kyle's takes on all things work life? Check out his new show, Per My Last Email, here: https://link.chtbl.com/59PknMsy Learn more about your ad choices. Visit megaphone.fm/adchoices
    Morning Brew Daily
    enJune 10, 2024

    ‘Jensanity’ Fuels Nvidia Past Apple & Tokyo Takes on Tinder

    ‘Jensanity’ Fuels Nvidia Past Apple & Tokyo Takes on Tinder
    Episode 339: Neal and Toby discuss Jensen Huang’s rise to become the face of the AI tech boom. Are we in the era of ‘Jensanity’? Then, NY Governor Kathy Hochul halts the hotly contested congestion pricing in NYC after feeling pressure from all sides. Next, a quick rundown through SpaceX’s 4th test flight into space, European Central Bank cuts interest rates, and FDA rescinds the ban on Juul e-cigarettes. Meanwhile, Tokyo is launching a dating app to encourage marriage to combat its declining birth rate. Also, Starlink connects a very remote village to the Internet, which quickly gets the native people addicted to their phones. Finally, famed “Wheel of Fortune” host Pat Sajak will air his final show after 40 years. Download the Yahoo Finance App (on the Play and App store) for real-time alerts on news and insights tailored to your portfolio and stock watchlists. 00:00 - Team USA upsets Pakistan in Cricket 2:45 - ‘Jensanity’ takes over 7:50 - NY Congestion pricing gets shelved 11:30 - Headline roundup: SpaceX & ECB 16:47 - Tokyo dating app 20:00 - Starlink connects remote village 23:50 - Pat Sajak hosts last show 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
    Morning Brew Daily
    enJune 07, 2024

    How Billionaires and Ford Saved Detroit & Texas Stock Exchange Coming for the NYSE?

    How Billionaires and Ford Saved Detroit & Texas Stock Exchange Coming for the NYSE?
    Episode 338: Neal and Toby chat about Detroit’s reopening of the iconic Michigan Central Station that once symbolized its struggling economy but now represents new life into the city. Then, Texas gets back from prominent investors to run its own stock exchange to challenge the New York Stock Exchange. Next, Boeing successfully launches its first crewed spacecraft into the skies. Third time’s a charm! Plus, Neal shares his favorite numbers on a cow in Brazil, NY public restrooms, and the famed Costco hot-dog-soda combo. Meanwhile, Zoom’s CEO hates meetings so much that he wants to build an AI clone that is willing to sit through those boring all-hands for you. Lastly, Reddit resurfaces a 1995 issue of GQ magazine where they list the most overrated pop culture things in the 90s. Unfortunately, it did not age well. Download the Yahoo Finance App (on the Play and App store) for real-time alerts on news and insights tailored to your portfolio and stock watchlists. 00:00 - D-Day Anniversary 2:40 - Motor City making moves 8:00 - Boeing sends Starliner with humans in space 11:20 - Texas Stock Exchange goes after NY 14:30 - Neal’s Numbers: cow, toilets, Costco 21:00 - AI clones in meetings? 24:15 - What’s still overrated from 1995? 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
    Morning Brew Daily
    enJune 06, 2024

    ‘Red Hot’ US Economy Cooling Down? & Facebook’s Plan to Win Over Gen Z

    ‘Red Hot’ US Economy Cooling Down? & Facebook’s Plan to Win Over Gen Z
    Episode 337: Neal and Toby dive into Meta’s plan to attract younger users back to Facebook with its features such as Marketplace and groups. Then, the once ‘resilient’ US economy shows some signs of losing steam as consumers pullback spending and job openings are low. Also, Poppi soda is being used for skimping on its so-called gut-health benefits. Next, the sports world is rocked by another gambling scandal, this time with a MLB player betting on baseball games. Meanwhile, California beats Texas and New York for being home to Fortune 500 companies. Lastly, Coldplay announces it beats its emissions target during its world tour with the use of kinetic dance floors and bicycles.  Download the Yahoo Finance App (on the Play and App store) for real-time alerts on news and insights tailored to your portfolio and stock watchlists. 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
    Morning Brew Daily
    enJune 05, 2024

    Roaring Kitty's $116M Stake Sends GameStop Soaring & Spotify is Hiking Prices... AGAIN

    Roaring Kitty's $116M Stake Sends GameStop Soaring & Spotify is Hiking Prices... AGAIN
    Episode 336: Neal and Toby chat about ‘Roaring Kitty’s ability to move the stock market with simple, often cryptic posts. Then, Spotify is raising its price for the 2nd time in a year and why it may be in a unique position to do so without any blowback. Also, a mortgage lender offers 0% down payment to homebuyers which may echo the issues that led to the 2008 financial crisis. Meanwhile, American Express is finding new excitement among youthful cardholders looking to maximize its renewed benefits programs. Next, Toby examines the trend of dad sneakers becoming a hit in the running and fashion industry. Lastly, consumers prefer using laptops to make big purchases and why that’s problematic for retailers.  Download the Yahoo Finance App (on the Play and App store) for real-time alerts on news and insights tailored to your portfolio and stock watchlists. 00:00 - Berkshire Hathaway glitch 2:45 - ‘Roaring Kitty’ has lots of power 7:30 - Spotify asks for more money again 11:00 - 0% down payment too good to be true? 15:15 - Asics dad sneakers are cool? 18:45 - Amex is popular among GenZ 22:15 - Laptop v. Mobile shopping 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
    Morning Brew Daily
    enJune 04, 2024

    Psychedelics Treating PTSD? & Why So Many Musicians are Canceling Concerts

    Psychedelics Treating PTSD? & Why So Many Musicians are Canceling Concerts
    Episode 335: Neal and Toby discuss what it would mean if the FDA approves MDMA to be used as a PTSD treatment. Then, Elon Musk pleads with Tesla shareholders to approve of his $47 billion pay package. Also, live entertainment is taking a hit with concert-goers cutting back on spending and artists canceling their tours. Next, Mexico and Dr. Pepper are the weekend’s winners. Plus, Lego is cashing in on adults looking to unwind with their sophisticated sets. Lastly, the news you need to know this week. Download the Yahoo Finance App (on the Play and App store) for real-time alerts on news and insights tailored to your portfolio and stock watchlists. 00:00 - Neal’s 7th anniversary 2:30 - FDA questions MDMA study 7:15 - Musk wants his pay package 11:40 - What’s going on with live concerts? 14:15 - Weekend winners: Mexico & Dr. Pepper 19:30 - Lego is cool for adults 22:40 - Week ahead 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
    Morning Brew Daily
    enJune 03, 2024

    Trump Found Guilty of Falsifying Biz Records & Concerns Over OpenAI’s Media Deals?

    Trump Found Guilty of Falsifying Biz Records & Concerns Over OpenAI’s Media Deals?
    Episode 334: Neal and Toby recap the historic conviction of Donald Trump, who was found guilty of falsifying business records. Then, a flurry of deals between OpenAI and media companies that is becoming a concern for the industry. Then, Abercrombie & Fitch continues its historic turnaround as it posts another stellar earnings. Meanwhile, Salesforce shares take a huge hit from more macroeconomic conditions. Next, Japanese scientists reveal a satellite made out of wood that could help stem the concerning pile up of space debris. Lastly, the French Open bans alcohol in the stands because fans are getting too rowdy for the fancy sport.  Visit https://www.sage.com/morningbrew for more! 00:00 - National spelling bee 3:00 - Trump guilty 7:30 - OpenAI wheelin’ & dealin’ 11:40 - Stock of the week 14:50 - Dog of the week 17:40 - Wood satellite 20:00 - Too much drinkin’ at French Open 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 Disclosure: Options are not suitable for all investors and carry significant risk. Option investors can rapidly lose the value of their investment in a short period of time and incur permanent loss by expiration date. Certain complex options strategies carry additional risk.  Investors must review the Options Disclosure Document (ODD): public.com/ODD. See Fee Schedule and Options Rebate & Referral T&Cs: public.com/disclosures. Brokerage services for US-listed securities and options offered through Public Investing, member FINRA & SIPC.  See terms of the Options Rebate Program. Rebate rates vary from $0.06-$0.18 and may depend on time of enrollment and number of referrals. Rates are subject to change at any time. All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing., member FINRA & SIPC. See public.com/#disclosures-main for more information. Learn more about your ad choices. Visit megaphone.fm/adchoices
    Morning Brew Daily
    enMay 31, 2024

    Big Retail is FINALLY Slashing Prices & US Workers are Lonelier Than Ever

    Big Retail is FINALLY Slashing Prices & US Workers are Lonelier Than Ever
    Episode 333: Neal and Toby dive into the latest drama from the oil industry with its biggest players trying to fend off activist investors. Plus, Walgreens, Amazon, and Walmart have announced major cuts to prices to get consumers spending again. Next, stats from the Negro Leagues are officially part of the MLB record books and it’s led to some new leaders. Then, Neal shares his favorite numbers on the American worker, Spelling Bee champs, and India’s heatwave. Toby has his own number on orange juice prices. Lastly, North Korea sends trash balloons into South Korea. Visit https://www.sage.com/morningbrew for more! 00:00 - “Home Alone” house for sale 2:45 - Big Oil battles activist investors 7:15 - Summer of savings 10:15 - Negro Leagues added to MLB record books 13:40 - Neal’s Numbers 19:20 - Toby’s Tally 21:50 - Korean balloon fight 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 Disclosure: Options are not suitable for all investors and carry significant risk. Option investors can rapidly lose the value of their investment in a short period of time and incur permanent loss by expiration date. Certain complex options strategies carry additional risk.  Investors must review the Options Disclosure Document (ODD): public.com/ODD. See Fee Schedule and Options Rebate & Referral T&Cs: public.com/disclosures. Brokerage services for US-listed securities and options offered through Public Investing, member FINRA & SIPC.  See terms of the Options Rebate Program. Rebate rates vary from $0.06-$0.18 and may depend on time of enrollment and number of referrals. Rates are subject to change at any time. All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing., member FINRA & SIPC. See public.com/#disclosures-main for more information. Learn more about your ad choices. Visit megaphone.fm/adchoices
    Morning Brew Daily
    enMay 30, 2024

    Toyota Bets Billions on "Green Engine" & Cruises Are So Back

    Toyota Bets Billions on "Green Engine" & Cruises Are So Back
    Episode 332: Neal and Toby chat about President Javier Milei’s visit with top tech CEOs during Argentina’s economic crisis. Then, Toyota is taking a practical approach to EVs by building a combustible engine that runs on green energy. Plus, cruises are back and they’re arriving with a boatload of new generation passengers. Next, Spotify is ditching their car accessory and making owners clean up their mess. Meanwhile, Chipotle tries to dispel the “Chipotle hack” that’s spread throughout social media. Lastly, America’s best decade might not be a definitive decade, but rather, a definitive age.  Visit https://www.sage.com/morningbrew for more! 00:00 - Manhattanhenge 2:00 - Argentine President Milei visits silicon valley 6:00 - Toyota’s “green” engine 10:00 - Cruises are booming 13:00 - Spotify bricks its car player 15:40 - Chipotle hack 19:23 - The best decade? 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 Disclosure: Options are not suitable for all investors and carry significant risk. Option investors can rapidly lose the value of their investment in a short period of time and incur permanent loss by expiration date. Certain complex options strategies carry additional risk.  Investors must review the Options Disclosure Document (ODD): public.com/ODD. See Fee Schedule and Options Rebate & Referral T&Cs: public.com/disclosures. Brokerage services for US-listed securities and options offered through Public Investing, member FINRA & SIPC.  See terms of the Options Rebate Program. Rebate rates vary from $0.06-$0.18 and may depend on time of enrollment and number of referrals. Rates are subject to change at any time. All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing., member FINRA & SIPC. See public.com/#disclosures-main for more information. Learn more about your ad choices. Visit megaphone.fm/adchoices
    Morning Brew Daily
    enMay 29, 2024