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Morning Brew Daily

US Economy Shrinks 0.3% & Starbucks’ Turnaround Plan Gets Bumpy

01 May 2025

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Episode 573: Neal and Toby discuss the latest GDP report and how Trump’s tariffs may have dampened the growth of the US economy. Then, Meta and Microsoft bring good news for their Q1 earnings as their AI and cloud businesses remain strong. Plus. Starbucks CEO Brian Niccol was hoping his turnaround plan would start out hot…but instead, it left investors feeling a chill down their spine with disappointing Q1 earnings. Meanwhile, Neal shares his favorite numbers from The Vatican, ‘Monty Python and the Holy Grail’, and the ‘Minecraft Movie’.  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 https://planetoat.com/ to learn 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. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Cryptocurrency trading services are offered by Bakkt Crypto Solutions (NMLS ID 1890144), which is licensed to engage in virtual currency business activity by the NYSDFS. Cryptocurrency is highly speculative and involves a high degree of risk. Cryptocurrency holdings are not protected by the FDIC or SIPC. APY as of 3/18/25,  subject to change. *Terms and Conditions apply. 00:00 - Happy May! 02:45 - US Economy Shrinks 07:50 - Meta and Microsoft Earnings  11:30 - Starbucks Earnings Stink 18:00 - Neal’s Numbers 24:45 - Headlines

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Full Episode

0.589 - 16.72 Sponsor/Ad Read Voice

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35.097 - 43.72 Neal Freiman

Good morning, Brew Daily Show. I'm Neil Freiman. And I'm Toby Howell. Today, the Starbucks rebuild isn't going as planned. Should they trade for Giannis?

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44.08 - 52.763 Toby Howell

Then, honey, I shrunk the economy. U.S. GDP contracted in the first quarter of the year. It's Thursday, May 1st. Let's ride.

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57.639 - 78.253 Neal Freiman

Good morning on the first day of May. And honestly, pound for pound, it might be the best month of the year. The Kentucky Derby is coming up on Saturday. Mother's Day is a couple Sundays from now. The NBA and NHL playoffs get really good. Then later in the month, Universal Epic Universe will become the first major park to open in Orlando in 26 years.

78.533 - 82.175 Neal Freiman

The French Open and PGA Championship take place for tennis and golf lovers.

88.139 - 104.064 Toby Howell

I think you forgot the best part, though, Neil. You can say the Justin Timberlake line, It's gonna be May. That's my favorite part. And now a word from our sponsor, Planet Oat. Neil, I was in the morning brew kitchen yesterday, and I have to tell you, I had to throw some bows to get some Planet Oat.

104.164 - 112.866 Neal Freiman

You're telling me. I was looking in the fridge for the Planet Oat oat milk creamer to pour in my cup of joe, and I found it sitting empty in the counter. Yeesh, that might have been me. Toby.

113.106 - 122.349 Toby Howell

Neil, listen, planted oat is just so good, flavor-packed and delicious. I finished off the brown sugar cookie oat milk creamer, and my iced coffee has never tasted so good.

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