Morning Brew Daily
Markets Rally On US-China Deal & Big Pharma Grapples with Price Cuts?
13 May 2025
Episode 581: Neal and Toby recap the aftermath of the US-China trade deal that essentially de-escalates the tariff volley between each superpower. Then, Trump vows to slash drug prices for Americans, which has Pharma companies worried about their bottomline. Also, the President takes his first foreign trip of the second term to the Gulf states to close some deals…hopefully. Meanwhile, Toby dives into the trend of remote workers getting their ish done but maybe at a cost to mental health? 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. Visit endthecampaign.com for more Listen to Morning Brew Daily Here: https://www.swap.fm/l/mbd-note Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow 00:00 - AMC 50% off on Wednesdays 03:10 - Markets React to China-US Deal 07:10 - American Drug Prices Drop? 12:10 - Trump Visit into the Gulf 17:45 - Remote Employees Are Stressed 21:00 - Headlines
Full Episode
Good morning, Brew Daily Show. I'm Neil Freiman. And I'm Toby Howell. Today, the U.S. and China decide they don't want to break up. After all, Esther Perel, you did it again.
And Trump signed an executive order asking for lower drug prices, but asking and getting might be two different things. It's Tuesday, May 13th. Let's ride.
How do you feel about going to the movies on a weeknight? Kind of weird, right? Feels like a weekend thing. Well, the theater chain AMC hopes to remove that mental hurdle by offering tickets at 50% off on Wednesdays.
The promotion, which is available to members of its loyalty program, AMC Stubs, kicks off on July 9th and means Wednesday will join Tuesday as the two weeknights where you can score discounted tickets at AMCs. Toby, half off enough to get you out on a weeknight?
I think so. Actually, I love the idea of a of a Wednesday movie because I also love the idea of a solo movie night. I've done one of those recently and it just I don't know. It's just a time for yourself. But I think AMC needs this. Their first quarter admissions revenue fell almost. 11% from a year earlier. Outside the pandemic, it was their worst first three months of the year since 1996.
So they're pulling all the levers that they can to try to get people to come out. That being said, AMCCO Adam Aran said that their first quarter was an anomaly and they're already seeing people start to come back to the movies. So maybe you just need a lot of teenagers who love screaming chicken jockey rather than any big promotion to bring people back to the theaters.
And now a word from our sponsor, Iterable. Neil, you're in the dating pool. Ever try texting someone who only replies every third Tuesday?
Nothing worse. Sometimes I feel like I got to send smoke signals in order to get a response. Even worse, though, that's how most brands still operate. They're stuck in their own timeline.
But your customers don't live on a marketing calendar. They live in the moment. They buy when they're ready, not when your Q3 campaign says it's time.
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