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Morning Brew Daily

High-Income Shoppers Flock to Walmart & Jersey Mike’s $8B Bet to Take On Subway

Wed, 20 Nov 2024

Description

Episode 457: Neal and Toby recap Walmart’s latest earnings report that shows the retail giant is in a very healthy spot heading into the holiday season. Then, private equity firm Blackstone acquired a majority stake in Jersey Mike’s Subs that could make the sandwich chain the new sandwich leader. Next, Jaguar reveals a brand new set of logos and designs, signaling its move to ultra-luxury in the electric vehicle segment. Is this the right move? Meanwhile, Northwestern unveils a brand new stadium project that could put professional sports stadiums to shame. Lastly, the biggest headlines to close out your day. Booyah! 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. 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 Learn more about your ad choices. Visit megaphone.fm/adchoices

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Transcription

Full Episode

0.711 - 14.901 Sponsored Content

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33.956 - 42.185 Sponsored Content

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44.025 - 55.329 Neal Freiman

Good morning, Brew Daily Show. I'm Neil Freiman. And I'm Toby Howell. Today, Jaguar hits the reset button with a completely new identity, but can it save the iconic carmaker from obscurity?

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55.529 - 63.912 Toby Howell

Then, Jersey Mike's just got bought out by private equity, and I hope Danny DeVito gets his bag. It's Wednesday, November 20th. Let's ride.

68.732 - 87.382 Neal Freiman

Breaking news out of the music world. There is a new record holder for the fastest song to reach one billion streams on Spotify. The soaring retro duet Die With a Smile by Bruno Mars and Lady Gaga reached the mark after just 96 days. Toby, how many of those have you accounted for?

87.682 - 110.697 Toby Howell

Neil, I might be losing my fastball. I might have to hang up the mic because I have never in my life heard that song even for a second. You know what's worse? I have never even heard the second fastest song to reach a billion streams either. That is Seven by Jungkook and Lotto. But then finally, Three, Four, and Five are Flowers by Miley Cyrus, Espresso by Sabrina Carpenter, and Stay by Kid LAROI.

110.978 - 117.142 Toby Howell

But I apologize to Bruno and to Lady Gaga because I have just been sleeping on your game.

117.702 - 145.258 Toby Howell

this song the song is incredible i know you just listened to 10 seconds just to see if you had heard it and you were like nope nothing but definitely listen to it you're gonna listen non-stop like i have it's a really really good song now a word from our sponsor yahoo finance neil did i ever tell you the story of the first stock i ever bought for as much as we hang out surprised it never came up it was sherwin williams the paint company it was winter at the time and i thought that buying a paint company before it was time for spring renovations was a good idea

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