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Morning Brew Daily

Short Seller Hindenburg Closes Up Shop & Bezos Enters the Space Race

17 Jan 2025

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Episode 499: Neal and Toby talk about the sudden closure of famous (or infamous) short-seller firm Hindenburg Research. Then, Jeff Bezos’ Blue Origin has officially entered the space race as it sends its first rocket into orbit. Meanwhile, MBAs are looking like they’re losing their prestige as even Harvard MBAs are having a tough time landing a job post-college. Plus, Nintendo is the Stock of the Week, while UnitedHealth Group is the Dog of the Week. Finally, Scott Bessent, Zyn, Tubi, and Duolingo are in the headlines.  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. Checkout public.com/morningbrew for more Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Cryptocurrency trading services are offered by Bakkt Crypto Solutions, LLC (NMLS ID 1890144), which is licensed to engage in virtual currency business activity by the NYSDFS. Cryptocurrency is highly speculative, involves a high degree of risk, and has the potential for loss of the entire amount of an investment. Cryptocurrency holdings are not protected by the FDIC or SIPC.  Alpha is an AI research tool powered by GPT-4.  Alpha is experimental and may generate inaccurate responses.  Output from Alpha should not be construed as investment research or recommendations, and should not serve as the basis for any investment decision. Public makes no warranties about its accuracy, completeness, quality, or timeliness of any Alpha out. Please independently evaluate and verify any such output for your own use case.

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Full Episode

1.226 - 12.329 Neal Freiman

Good morning, Brew Daily Show. I'm Neil Freiman. And I'm Toby Howell. Today, more MBA grads are on the job hunt months after graduation. Has the degree permanently lost its luster?

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12.609 - 22.052 Toby Howell

Then the founder behind the infamous short seller Hindenburg Research is shutting the firm down. It's Friday, January 17th. Let's ride.

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26.513 - 48.505 Neal Freiman

We lost a couple of legends yesterday. Visionary director David Lynch died at 78. He was beloved for his surrealist, eerie depictions of American life in works like Twin Peaks, Mulholland Drive, and Blue Velvet. Many have tried to copy his style, but as our colleague Jen Walsh put it so eloquently, no one has matched his freak since.

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48.886 - 71.961 Neal Freiman

Lynch's family announced his death on Facebook, writing, "'There's a big hole in the world now that he is no longer with us,' But as he would say, keep your eye on the donut and not on the hole. Toby, last year I started watching Mulholland Drive because it is considered one of, if not the best movie of the last 25 years of the 21st century. 20 minutes in, I was spooked. I turned it off.

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72.001 - 78.165 Neal Freiman

Maybe it's because I was by myself. It was late at night. So maybe we can watch it together because I do hear amazing things about that movie.

78.365 - 99.73 Toby Howell

Either that or his version of Dune, which is also iconic, albeit for different reasons. It's become a little bit of a cult classic because of just how weird and over the top it is. But yeah, David Lynch, an absolute legend. We also lost Bob Euchre, the iconic announcer known as Mr. Baseball, who is the voice of the Milwaukee Brewers for over 50 years. He was 90 years old.

101.77 - 124.57 Toby Howell

Even if you never tuned into a Brewers game, you likely know Euchre for his iconic cameos in sports cinema. His just-a-bit-outside call from Major League is as quotable as they come. Norm MacDonald thought Euchre was one of the funniest men he ever met, and I encourage you all to go look up his appearances on the Johnny Carson's Tonight Show to corroborate Norm's claim.

124.85 - 134.217 Toby Howell

There will never quite be a Mr. Baseball like him. Now a word from our sponsor, Public.com. Neil, you ever use any LLMs or AI chatbots?

134.477 - 140.94 Neal Freiman

I'm kind of an AI Luddite for the most part, although I will pull one up to prove my brother wrong every once in a while.

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