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The Dow Hits 40k For First Time Ever & Walmart Is the King of Retail
Episode 325

The Dow Hits 40k For First Time Ever & Walmart Is the King of Retail

The Dow Jones crosses the 40,000 mark for the first time & Walmart crushes its earnings

Morning Brew Daily

May 17, 202427m 58s

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Show Notes

Episode 325: Neal and Toby recap the latest Supreme Court decision to spurn an attempt to take down the Consumer Financial Protection Bureau. Then, the Dow Jones Average hits a new milestone signaling Wall Street’s unyielding confidence in the market. Plus, the United Auto Workers union continues its campaign in Alabama where it’s looking to unionize Mercedes-Benz workers. Next, TWO stocks of the week: Walmart remains king of retail and Chubb has the Buffett stamp of approval. Meanwhile, two brothers were arrested for stealing $25M in crypto at lightning fast speed. Lastly, a humble taco stand in Mexico receives a Michelin star.

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00:00 - Uber CEO interview now!

2:00 - Supreme Court rules in favor of CFPB

5:50 - Dow Jones milestone

10:00 - UAW takes on Mercedes-Benz

13:50 - Stocks of the week: Walmart and Chubb

19:20 - Crypto hackers caught

22:00 - Michelin starred taco stand


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