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Morning Brew Daily

Can Bluesky Dethrone X? & ‘Wicked,’ ‘Gladiator II’ Captures Double-Header Magic

Fri, 22 Nov 2024

Description

Episode 459: Neal and Toby preview the much-anticipated openings of ‘Wicked’ and ‘Gladiator II’, duly named ‘Glicked,’ and chat if it's able to capture the same magic as 2023’s ‘Barbenheimer.’ Then, there’s been a mass exodus of users from X since the election and Bluesky has been the main beneficiary. But…can it handle the influx of traffic? Also, it turns out the widely popular mobile game Pokémon Go has been collecting player data to train its AI model to navigate the real world. Meanwhile, MicroStrategy is the Stock of the Week, and Ford is the Dog of the Week. Lastly, China has built miles and miles of train tracks connecting its major cities, but it actually might not need that much. Oops.  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. The 2025 Money with Katie Wealth Planner has dropped! It's the best-selling all-in-one tool to help budget, track, and grow your wealth in 2025 and beyond—all in one place. See why 20,000 #RichPeople love it: https://moneywithkatie.com/2025-wealth-planner Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. Get your Morning Brew Book of Crosswords HERE: shop.morningbrew.com Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow 00:00 - Money With Katie Wealth Planner! 03:00 - Wicked and Gladiator II 08:20 - Bluesky vs ‘X’ 12:45 - Pokemon Go and AI 19:00 - Stock of the Week 22:30 - Dog of the Week 25:15 - China's High Speed Rail Learn more about your ad choices. Visit megaphone.fm/adchoices

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Transcription

Chapter 1: What can we expect from 'Wicked' and 'Gladiator II'?

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44.059 - 53.226 Neal Freiman

Good morning, Brew Daily Show. I'm Neil Freiman. And I'm Toby Howell. Today, ancient Rome and the land of Oz take center stage in a heavyweight battle at the box office.

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53.426 - 60.952 Toby Howell

Then China has a problem that Americans can't even fathom, too many miles of high-speed rail. It's Friday, November 22nd. Let's ride.

67.352 - 88.294 Neal Freiman

Toby, there are fewer than 40 days remaining in 2024. Do you have your saving plans in order for next year? Yeah, that'd be a big fat no. Okay, what about monthly budgets? Oh, now you're just being mean. No, I don't have that. Okay, what about a 40-year financial projection so you know when you'll be able to retire? All I know is I'm going to be spending a lot of money on golf. Okay, okay.

88.394 - 105.479 Neal Freiman

I think I have something that can help. Morning Brew's own Money With Katie just dropped her 2025 wealth planner, and it's an incredible all-in-one tool that helps you budget, track, and grow your wealth next year and beyond. I know you've been playing around with it this morning. I've never seen you so locked in.

105.899 - 128.446 Toby Howell

You guys, I have seen a lot of spreadsheets in my days, but never have I seen anything on this level. It is beautiful. It's comprehensive. It's got pivot tables in places you can't even imagine, but it all achieves this singular goal of helping you master your money for 2025. So see why 20,000 people trust Katie and trust her wealth banner to help them budget, track, and grow their wealth.

Chapter 2: Can Bluesky really dethrone X?

128.766 - 147.876 Toby Howell

Check out shop.morningbrew.com to get your Wealth Planner today or click the link in the description of today's show. Now, a word from our sponsor, Yahoo Finance. Neil, you want to know the first sign that I'm growing up and taking my financial health a little more seriously? When I type Yahoo into the search bar, fantasy football isn't the first thing that comes up anymore.

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148.236 - 155.62 Neal Freiman

Now, Yahoo Finance is the default search result. Well, that might be more of an indictment of your fantasy team than your newfound financial acumen.

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155.76 - 166.409 Toby Howell

No, it's not that. I am eight and three and tied for first. Thank you very much. But it's just become habit at this point to head over to Yahoo Finance each morning after we finish the show to start catching up on the day's business news.

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166.469 - 178.819 Neal Freiman

It really does become part of your routine very quickly because you don't need to go anywhere else to get a sense of what's going on. You can keep track of market moves in your portfolio, checking with top analysts and see headlines relevant to you all in one place.

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Chapter 3: How is Pokémon Go using player data for AI?

178.899 - 184.943 Toby Howell

And you can always head over to see how your fantasy football team is doing in case, you know, you want to pass a little time at work.

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185.043 - 186.464 Neal Freiman

We do not condone that, Toby.

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186.524 - 195.069 Toby Howell

Unless you have a bunch of Eagles players, then it's okay. Shout out Saquon and shout out Yahoo Finance. Head over to YahooFinance.com to see what it has to offer.

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215.948 - 237.153 Toby Howell

The two pieces of bread making up a delicious box office sandwich collide today when Wicked and Gladiator 2 make their widespread theatrical debuts. In the aftermath of the box office and cultural phenomenon that was Barbenheimer, the internet was quick to make a portmanteau out of this pairing of tentpole projects in the hopes of rekindling some of its predecessor's glory.

237.633 - 256.643 Toby Howell

Dubbed Glicked or Wikkiator if you're a man of taste, the marketing departments of both Movies are hopeful that audiences will come to embrace the tongue-in-cheek pairing like they did with Barbie and Oppenheimer. I am certain that this is going to be the biggest Thanksgiving the industry has ever seen, Jordan Homan, an executive at Phoenix Cedars, told the AFP.

258.544 - 272.935 Neal Freiman

for the duo, it's clear this is going to be a big weekend. Wicked is already the biggest film in Phoenix Theater's 24-year history in terms of pre-sales, pacing 63% ahead of Barbie, which ended up grossing $1.4 billion in total.

Chapter 4: What is the Stock of the Week?

273.215 - 293.072 Neal Freiman

It also helps that the two films complement each other rather than compete for the same audience like Barbie before Wicked moviegoers are likely to skew female while Gladiator is after that Oppenheimer older male audience. Still, To take down Barbenheimer, Glickid is going to have to defy gravity, and I am so sorry for that.

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293.392 - 301.701 Neal Freiman

Barbie and Oppenheimer open to $245 million combined in North America, while forecasts have the two movies that make up Glickid opening to $165 million.

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303.203 - 324.356 Toby Howell

Yes, but I have faith that 1 plus 1 plus Elphaba plus some honor and gory can equal 3. Much like Barbenheimer last summer, Hollywood does need some magic to happen once again. I mean, you did have a pretty profitable summer this past year with stuff like Deadpool versus Wolverine, Inside Out 2. They performed very well, but 2024 is still a ways away from those pre-pandemic numbers.

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Chapter 5: Why is Ford the Dog of the Week?

324.676 - 342.0 Toby Howell

The first five months of the year were kind of just hampered by some pretty thin release schedules. We're still recovering from the Hollywood strikes, and then also there's still some hangover from the pandemic as well. The fall was full of duds as well. I mean, Joker 2 flopped so hard that no one ever spoke about it again.

0

342.38 - 349.402 Toby Howell

Fly Me to the Moon, which I didn't even know was a movie, it was starring Channing Tatum and Scarlett Johansson, cost $100 million to make. It grossed

0

349.882 - 351.583 Neal Freiman

How much of that was their salaries?

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Chapter 6: How is China expanding its high-speed rail?

351.863 - 367.927 Toby Howell

Yeah, I literally didn't see a single marketing material for this movie, and yet it's starring these big people. Furiosa, Mad Max didn't do very well, which is very sad to me because I love that movie. So the movie industry, even though it's had some hits here and there, is still hoping for another Barbenheimer-esque moment.

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368.027 - 391.074 Neal Freiman

Yeah, we're still pacing 11% below last year's levels. And I'm very curious about Wicked specifically because musicals have really not performed well at the box office at all in the past few years. There have been a ton of flops. The same director who's doing Wicked, John Chu, did In the Heights, which was a total flop, even though it was a solid movie. Dear Evan Hansen, Cats, The Color Purple.

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391.394 - 408.819 Neal Freiman

It got to the point where musicals were not even advertising themselves as musicals. You had Wonka, which was a musical. People are probably thinking, I had no idea that was a musical. And Mean Girls, those came out last year to the point where the marketing was not, you know, focused on their musicals.

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409.079 - 420.283 Neal Freiman

Now, I don't think for Wicked is a different story because it is the best selling Broadway show of all time, $1.4 billion in ticket sales. Everyone knows it's a musical. They're leaning into that and hoping that they can

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420.703 - 431.749 Neal Freiman

Tap into the fervent fandom that Wicked has among millennials and certain Gen Z since it came out on Broadway in 2003 as just an absolute cultural phenomenon to drive movie ticket sales.

431.869 - 447.818 Toby Howell

I mean, I'm pretty bullish because I went to a Friendsgiving party last night. There were 20 people there that put on Wicked or Defying Gravity. I had never seen anything like it. It was like I was at the show. Everyone hit every single note. Honestly, everyone was just incredible singers, but it does show that grip it has on a certain audience.

448.138 - 469.751 Toby Howell

But it really needs this movie to do well because Universal has invested a lot of money into this. Not only does Wicked Part 1 have a $150 million budget, They also have already signed up for the second part of the story, which is an additional $150 million. So that's $300 million at a minimum right there plowed into two movies. So they do need this to do well to recoup some of its investment.

470.131 - 484.88 Toby Howell

And then on the other side, Gladiator 2 was also just an extremely expensive movie. $250 million to produce, $100 million to promote. So it is already $350 million in the hole. So both these studios, Paramount and Universal, need these movies to do well.

484.98 - 505.008 Neal Freiman

And I think one sign that they might do well is that the reviews have been generally positive. I don't think these are going to win any crazy awards, but the reviews are generally like, they will give you what you want. Gladiator 2 has huge sandals to fill. The original one best picture. But apparently it is perfectly good.

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