Episode 768: Neal and Toby recap the Fed’s interest rate meeting where Chair Jerome Powell kept things steady citing an active economy. Then, a rundown of Big Tech’s earnings, starting with Tesla scrapping its car models, Meta’s full speed ahead with AI, and Microsoft’s mixed results. Plus, Amazon announces mass layoffs to focus on its AI investments. Meanwhile, Starbucks is picking up steam on its comeback tour. Also, Neal shares his favorite numbers on the Canadian ski boycott, London’s startup scene, and WD-40’s secret formula.
00:00 - Belichick snub
2:30 - Fed keeps steady
7:00 - Tesla discontinues Model S and X
9:00 - Meta soars
11:00 - Microsoft’s mixed results
13:30 - Amazon lays off workers
16:00 - Starbucks turning a corner
19:00 - Neal’s Numbers
24:30 - Sprint Finish!
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Morning Brew Daily, a daily talk show that covers the latest news on business, the economy, and everything else, with Neal Freyman and Toby Howell. Witty, informative and everything you need to start your day. Available on all podcasting platforms and Youtube.