Episode 703: Neal and Toby recap big tech earnings coming from Meta, Microsoft, and Alphabet. Then, the Fed makes its 2nd rate cut for the year as well as ending the effort to reduce its balance sheet, all while acknowledging the data blackout from the government shutdown. Also, ‘A House of Dynamite’ might have just made a big boom…but in the wrong place as the Pentagon vehemently rejects how the US missile defense system is portrayed. Next, Neal shares his favorite numbers on the fried chicken wars, animal actors, and PTO.
0:00 - Handshake gate
2:45 - Tech’s spending spree
8:40 - The Fed cuts rates again
12:40 - Pentagon doesn’t like this
17:30 - Bone-in or boneless chicken?
19:50 - Animal actors out of work
22:00 - Nobody is taking PTO
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.