Tech is Powering the Stock Market So Far in 2024

Episode 355: Neal and Toby recap another big Supreme Court ruling that rolls back a 40-year precedent, known as the ‘Chevron deference’, that could transform the authority of the Federal government. Then, a popular home improvement chain in rural America, Tractor Supply, cuts all its DEI and carbon emission reduction goals thanks to a conservative social media blitz. Meanwhile, the stock market is having quite a first half of 2024, thanks to AI and Nvidia. Then, the weekend’s winner: rawdogging…flights; and weekend’s loser: Nike. Also, Redbox parent company files for bankruptcy. Lastly, the news for the holiday week ahead.

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00:00 - Bonilla check time
2:30 - SCOTUS rolls back Chevron
6:30 - Tractor rolls back DEI
10:15 - Stock market boomin’ first half
16:10 - Weekend winner & loser
20:20 - Redbox is the red
24:00 - Week ahead

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.

[alasdekarton]

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[wryljfj]

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[lbierman]

the "judicial" state will eventually slow commerce to a crawl. Delay is the basic operative legal strategy -- and no way to run a business. The market is only as good as the rules that govern it. The courts should not be given power to govern, but rather have limiting control over how governing bodies function..

[IcebergSlim]

That airplane trend is the dumbest shit I’ve seen in awhile.