Brew Markets

Episode 253: Today, Ann dives into Walmart’s latest earnings – and unpacks what the retail bellwether’s rare sales miss tells us about the state of the consumer. Then, we take a spin through market headlines, including earnings results from John Deere, Alibaba and Labubu-parent company Pop Mart. Plus, why a C-suite departure at CrowdStrike sent the stock tumbling. Finally, from airlines to academi...

Episode 252: Today, Ann explains the Treasury’s decision to double its debt buybacks — and what could be driving the move. Then, we spin through market headlines, including earnings from Estée Lauder and Target, why Moderna stock is surging and robotics maker Unitree’s blockbuster IPO. Finally, we take a listener's question and dive into CRISPR Therapeutics to unpack why the biotech company behind...

Episode 251: Today, Ann explores Wendy's turnaround efforts as CEO Bob Wright approaches his 90-day mark in the big seat.. Then, Ann welcomes Charles Lamanna, Microsoft’s Executive Vice President of Copilot, Agents and Platform, to discuss what sets Copilot apart, how AI agents are changing the way we work and the future of enterprise AI. Finally, we take a quick spin through some market headlines...

Episode 250: Today, Ann breaks down Meta’s landmark social media trial that could cost the company up to $1.4 trillion. Then, we spin through the market headlines, including L3Harris’s surprise leadership shakeup, why Boeing shares are tumbling, Synchrony Financial’s bet on shopping through ChatGPT and the latest development in the Paramount-Warner Brothers merger. Finally, we look at Reddit’s rol...

Episode 249: Can art be considered an asset class? Today, Ann delves into that question with Andrew Wolff, Founder and CEO of Beowolff Capital. They discuss the massive art market that still lacks many of the features we take for granted in traditional financial markets – and his mission to build the infrastructure needed to spread its economics beyond a small group of winners. They also delve int...

Episode 248: How does a 117-year-old automobile company continue to create new engines of growth? Today, Ann welcomes Paul Jacobson, Chief Financial Officer of General Motors, for a far-reaching conversation about how the company is expanding its relationship with customers beyond the initial car sale – through digital subscriptions, insurance products and more. They also delve into Paul’s convict...

Episode 247: Today, Ann digs into Goldman Sachs’ latest bet on ETFs and why the bank has spent billions on the sector. Then, an earnings roundup that includes On Holding, CAVA, Chili’s and more. Next up, a look at the Nelson Peltz-Wendy’s saga and a record deal in the sports world. Visit Schwab.com/FinancialDecoder www.brewmarkets.com  Subscribe to the Brew Markets newsletter: https://www.mor...

Episode 246: Today, Ann unpacks Nvidia’s partnerships with top Wall Street asset managers to unlock up to $500 billion in AI infrastructure financing. Then, we spin through a few market headlines, including Bumble’s strategic U-turn and Joby Aviation’s defense move. Finally, we’re joined by Zeno Mercer, Head of Robotics and AI Research at VettaFi, to explore why robotics could be entering a new gr...

Episode 245: Today, it’s a Brew Markets Newsletter Team takeover! Mark Reeth and Lucy Brewster join us to talk through some of the stories they’ve been covering. First up - it's all about earnings! With roughly 90% of the S&P 500 having reported, we step back and take stock of what corporate results are telling us about the market. Then, we dive into Mark Zuckerberg’s 6,500-word AI manifesto and u...

Episode 244: How does a 158-year-old lawn & gardening company convince consumers to buy more outside of spring? Today, Ann is joined by Nate Baxter, President and CEO of ScottsMiracle-Gro, to discuss his ambition to “push the edges of the season” and transform the lawn-care giant into a lifestyle brand. We also dig into the company’s efforts to reach a younger generation of consumers, how new medi...

Episode 243: Today, Ann unpacks Google’s AI leadership reshuffle and why investors are paying attention. Then, we spin through the market headlines, including why Papa John’s and Celsius shares are sliding, how Burger King is giving parent company Restaurant Brands International a boost, and why Versant Media is betting on growth beyond the TV screen. Plus, we survey why shares of United Wholesale...

Episode 242: Today, Ann unpacks SpaceX's first-ever earnings report as a public company and why, despite headlines beats, investors still hit the sell button on the stock. Then, we're joined by Torsten Slok, Partner and Chief Economist at Apollo, for a wide-ranging conversation on why the United States is propping up the Japanese yen, how AI could reshape the labor market, and Kevin Warsh's new ap...

Episode 241: Today, Ann surveys Caterpillar’s record quarterly results, fueled by the data-center boom – and explains how the construction-equipment giant became yet another unlikely winner of the AI trade. Then, we spin through earnings from McDonald’s, Wayfair, Palantir and Kimberly-Clark. Finally, we unpack what really happened at Leopold Aschenbrenner’s Situational Awareness hedge fund, how it...

Episode 240: Today, Ann unpacks Visa’s $2.4 billion acquisition of fraud intelligence company BioCatch as the payments giant looks to combat increasingly sophisticated cyberattacks and AI-powered scams. Then, we spin through market headlines, including reports of a pharmaceutical mega-merger between AstraZeneca and Bristol Myers Squibb, earnings from Tyson Foods and Nissan, and Boeing securing FAA...

Episode 239: Today, Ann is joined by Anthony Capuano, President & CEO of Marriott International, for a wide-ranging conversation about the future of travel, how AI could reshape hotel bookings, and the importance of Marriott's Bonvoy loyalty program. They also discuss whether the K-shaped economy is showing up in hotel demand, the rise of experiential travel and the leadership lessons that have gu...

Episode 238: Today, Ann unpacks Chipotle's stronger-than-expected quarter and why the fast-casual chain was able to shake off an industry-wide food safety scare. Then, it's another earnings bonanza as we break down why Meta shares are plunging while Microsoft stock is soaring. Plus, from sneakers to coffee to tacos, what Steve Madden, Starbucks and Yum! Brands’ earnings are telling us. Finally, we...

Episode 237: Today, hot off the press, Ann unpacks the Fed’s decision to hold rates steady – and why policymakers weren’t all united. Then, it’s an earnings bonanza as we survey results from Ford, Procter & Gamble and Wingstop. Plus, the CBIZ–Grant Thornton merger, set to create the fifth-largest audit firm in the U.S. – and why DoorDash is taking to the skies. Finally, we discuss all things LVMH:...

Episode 236: Today, Ann unpacks Coca-Cola's earnings and asks whether a can of Coke is really an indicator of economic health. Then, we spin through market headlines including why Corning stock is tumbling, whether investors are buying into UPS' turnaround strategy, PayPal's impressive quarter and Johnson & Johnson's proposed settlement that could finally bring its decade-long talc litigation to a...

Episode 235: Today, Ann discusses the latest wave of tariffs - this time hitting a market already grappling with a host of other pressures. Then we spin through market headlines including the Paramount-Warner Bros. Discovery merger delay, Peacock’s content heading to YouTube and Cracker Barrel’s leadership shake-up. We also cover the U.S. resuming Mexican cattle imports and China's blockbuster IPO...

Episode 234: Today, Ann is joined by Ariel Cohen, co-founder and CEO of Navan, the corporate travel and expense management platform that counts Yahoo!, Netflix and Anthropic among its clients. They discuss why Cohen describes Navan as an "Amazon for travel” and how the company is disrupting and modernizing business travel. They also unpack how Navan is using AI to improve the traveler experience,...

Episode 233: Today, Ann dives into Tesla’s earnings and explains why one analyst comment has piqued her curiosity about a potential Tesla–SpaceX merger. Then, we spin through market headlines, including earnings from Alphabet, Comcast and Harley-Davidson, as well as Taco Bell’s bid to win back customers. Finally, we answer a listener question and delve into Steel Dynamics – the modern steelmaker t...

Episode 232: Today, Ann unpacks a new report suggesting Reddit may be rethinking its AI licensing agreement with Google. Then, we spin through the market headlines, including what sent Super Micro Computer stock soaring and Pegasystems stock tumbling. We also cover Nike's strategy shift in China, Cal-Maine Foods' earnings report and France becoming the first EU country to ban social media for chil...

Episode 231: Today, Ann lays out how some investors are betting against SpaceX – and what Elon Musk has to say about it. Then, we spin through market headlines including earnings from General Motors and Hasbro, Jersey Mike's upcoming IPO, and a new partnership between Disney and Kraft Heinz. Finally, we answer a listener's question and dive into the HVAC industry – one of the unexpected winners of...

Episode 230: Today, Ann surveys Chevron's latest move into Iraq and why the energy giant signed a preliminary agreement to develop two massive oil fields in the country. Then, we dive into earnings, including AMC's record-setting quarter and Domino's supply-chain growth engine. We also unpack Alibaba's latest AI model and the newest development in the Paramount–Warner Bros. merger. Finally, we exa...

Episode 229: How can everyday investors gain exposure to the world's most sought-after private companies? Today, Ann is joined by Mike Dinsdale, CEO of Powerlaw Capital Group, whose publicly traded fund invests in private companies like OpenAI, Stripe, Kalshi and Canva before they go public. They discuss what happens when a portfolio company like SpaceX lists, reinvesting those proceeds into the n...