Brew Markets

Episode 303: Today, John and Hanna discuss Airbnb’s limit on checkout chores, why hosts are pushing back and whether the one-time hotel alternative is becoming more like its competition. Then, we head to Churchill Downs… where the company behind the Kentucky Derby posted a record quarter despite horse racing’s struggles. Finally, we head back to the analyst disco to break down why analysts are mak...

Episode 302: Today, John and Hanna unpack Microsoft’s earnings and its voluntary buyout offer to 60,000 employees to discuss what a booming business with a shrinking workforce says about the job market. Then, we connect the dots between the Fed’s rate decision, its Beige Book and the latest PCE report to see what signals the economy is sending. Also: Alphabet shares are tumbling after its latest e...

Episode 301: Today, John and Emily discuss whether Boeing’s turnaround is taking flight and if investors are on board. Then, the Cheesecake Factory has been serving up headlines all week… but did its earnings results give Wall Street something to celebrate? Also: we check the pulse of GE HealthCare and Boston Scientific after the medical companies reported earnings. But wait, there’s more on the m...

Episode 300: Today, John and Emily dive into Coca-Cola’s earnings, unpacking which products are driving growth, why international sales are rising while domestic sales are flat, and what’s behind its new partnership with KFC. Then, we turn to Philip Morris and discuss whether cigarettes or ZYN are behind its record quarter. Plus, we play “Overheard on Earnings,” as our colleague Dave tries to matc...

Episode 299: Today, Emily and Kaila unpack the main takeaways from Anthropic’s S-1 filing and ask whether the company’s explosive growth is sustainable. We also zoom out to examine the broader AI market – and how much of the earnings boom is concentrated in a handful of companies. Then, we discuss why Brazilian stocks plunged following the unexpected victory of incumbent President Luiz Inácio Lula...

Episode 298: Today, John and Hanna explore the evolving relationship between Hollywood and Silicon Valley, and why filmmakers are shining a harsh spotlight on their neighbors to the north. Then, with the midterm elections fast approaching, we unpack how elections impact your money and influence the way people invest. Finally, we head back to the analyst disco to break down why Victoria’s Secret an...

Episode 297: Today, Emily and Kaila break down Tesla’s earnings and the latest headlines surrounding Elon Musk, including a potential SpaceX–Tesla merger. Then, we unpack Meta’s earnings, its AI spending spree and the $25 billion penalty it was ordered to pay New Mexico. We also discuss how critical PHP security flaws put millions of websites at risk, and how cybersecurity stocks are reacting. Fin...

Episode 296: Today, John and Hanna break down Netflix’s Q3 earnings and why shares are falling despite positive headline numbers. Plus, the bigger problem facing the streaming giant. Then, we turn to the macro picture, exploring the growing competition for the same pool of money – and who ultimately gets the cash. Finally, we round up the latest market headlines, including why AT&T shares are plun...

Episode 295: Today, John and Emily break down the state of the U.S. housing market and why luxury homes are booming while the starter and middle markets are stalling. Then, we dive into Hasbro's earnings, the magic behind one of its biggest assets, and why the toy giant is leaving Rhode Island after more than a century. We also unpack 3M's earnings and its expanded data center partnership with Ama...

Episode 294: Today, John and Emily break down Elon Musk’s plan to give American kids shares of SpaceX… and the renewed speculation about a potential SpaceX-Tesla merger. Then, we dig into J.B. Hunt’s earnings and how rising fuel and labor costs are squeezing the trucking giant. We also unpack results from steelmaker Cleveland-Cliffs and examine how tariffs are providing a boost to its business. Fi...

Episode 293: Bumble goes private! ...at a fraction of its original valuation. Today, John and Hanna discuss the deal, what caused Bumble’s decline in value and how it reflects the larger dating app ecosystem. Then we head back to the analyst disco, breaking down why Crocs and Texas Roadhouse both scored analyst upgrades. Visit Schwab.com/FinancialDecoder www.brewmarkets.com  Subscribe to the...

Episode 292: Today, John and Emily break down the latest wave of AI jitters rattling the market and why TSMC and CoreWeave are feeling the pressure. Then, we switch lanes to unpack Penske Automotive Group’s decision to go private. Also: we dive into earnings from staffing giant ManpowerGroup and explore how AI is making the hiring process both more efficient and more complicated. Finally, we round...

Episode 291: Today, John and Emily break down why Bank of America was slapped with a $1.2 billion fine by the U.S. Treasury. Then, we unpack the legal battle brewing between grocery giants Albertsons and Kroger. We also take a look at steel coating company AZZ and how industrial projects and power grid investments helped fuel its record earnings. Finally, we round up the latest market headlines, i...

Episode 290: Today, John and Hanna break down earnings from Wall Street’s biggest banks — including JPMorgan, Goldman Sachs, Citi and Wells Fargo — and explain why market volatility is proving surprisingly profitable for some. Then, they zoom out to the broader economy to ask if growth can continue as borrowing costs climb higher. Plus, SpaceX is making a push into the mobile market – and Wall Str...

Episode 289: When did Halloween become a four-month-long holiday? Today, John is joined by Stacy Taffet, Chief Growth and Marketing Officer at The Hershey Company, to unpack how Halloween became a nearly billion-dollar season for the candy giant. They also discuss why the rise of GLP-1s could be a tailwind for parts of Hershey's business and what's driving its expansion into salty snacks. Plus, th...

Episode 288: Today, John and Hanna dive into the world of brand collabs to explore why they’re suddenly everywhere – and whether they actually move the needle on the bottom line. Then, we unpack Levi’s latest earnings and ask whether the '90s nostalgia craze is translating into sales for the denim giant. Finally, we hit the analyst disco, breaking down why Harley-Davidson just scored an upgrade wh...

Episode 287: Stocks are rallying, but the bond market isn't sharing the enthusiasm. Today, John and Hanna unpack what this disconnect tells us about the economy. Then, we dig into PepsiCo's latest earnings and why the snack and beverage giant is struggling to win over North American consumers. Meanwhile, Uniqlo's parent company, Fast Retailing, is taking America by storm – and it's showing up in t...

Episode 286: Today, John and Emily unpack earnings from Modelo and Corona parent Constellation Brands – and discuss why there’s more to the story than its strong topline sales number. Then, they dig into who’s actually involved in building Elon Musk’s massive Terafab facility – and where Intel and TSMC fit into the picture. Also, Flutter Entertainment has had a tough year. Can a bullish call from...

Episode 285: Today, John and Emily discuss Uber’s plan to buy catering company ezCater for $2.3 billion – and how the rideshare giant is continuing its push to become an “everything app.” Then, we dig into earnings from frozen potato giant Lamb Weston and what its latest quarter tells us about the appetite for fries. Also, Amazon just landed a six-year deal to become the exclusive global home of t...

Episode 284: Today, John and Kaila dive into Tesla’s latest delivery numbers and what they tell us about the broader EV market. Then, we unpack why Brazilian stocks are surging after a surprise first-round election result. Also: has memory supply finally caught up with AI demand? We dig into Micron’s latest numbers. Finally, we spin through two Merger Monday headlines: C.H. Robinson’s buyout of RX...

Episode 283: Today, John and Hanna review the latest earnings from Vail Resorts.  Winter passes and skier volume are down, but is it weather or high prices?  Then we explore the economy built around the superfan.  Are you one?  I am not.  But a ladder of increasingly premium options is being built for those who are.  Visit Schwab.com/FinancialDecoder www.brewmarkets.c...

Episode 282: Today, John and Hanna explore the disconnect of an economy that is holding up pretty well on paper… and the feeling that Americans seem to hate it.  Then we explore why despite cooling inflation and a likely-deferred rate hike, 10-year U.S. Treasury yields just hit a generational high.  Next, Paramount takes on a new co-CEO and debt and a naming challenge. Finally, we explor...

Episode 281: Today,  John and Emily review the latest government data that showed cooling inflation - and ask what it portends for the Fed.  We also dig into earnings out of food giant Conagra: higher gas prices = fewer Slim Jims sold.  Plus we explore why shares of America’s biggest egg producer dropped today.  Finally, Leslie Pools declares bankruptcy and a Paramount poach le...

Episode 280: Today, John and Emily explore why shares in FICO plummeted today as the near-monopoly credit score company gets more direct competition.  Then we discuss Oura Ring putting its planned IPO on ice… and the details coming out from Anthropic’s IPO prospectus.  Later: does Netflix have an engagement problem?  Finally, we dig into earnings results from CarMax and Carnival Cru...

Episode 279: Today, John and Emily kick things off by exploring Meta’s new Enterprise segment and the silicon valley veteran they poached to run it.  Then we look at the latest earnings out of Costco and the unique membership situation analysts are following.  Plus an update on the unusual takeover dance happening between MGM and Barry Diller’s People. Inc.  Finally, a spin through...