Brew Markets

Episode 312: Today, John and Hanna unpack Jensen Huang’s exit from Nvidia, the company’s succession problem and walk through the possible contenders for CEO. Then we zoom out and discuss why Nvidia’s leadership crisis could ripple through the AI trade and the broader economy. Also, we break down the bull and bear cases for buying the dip… and what to watch out for in next week’s earnings report. F...

Episode 311: The holiday season is right around the corner… meaning millions of Americans are preparing to head to the airport. Cue the groans about long lines, higher fares and all the familiar frustrations. Today, John is joined by Geoff Freeman, President and CEO of the U.S. Travel Association, to discuss what’s being done to improve that airport experience. They unpack why families may be more...

Episode 310: Today, John and Emily discuss AI’s growing PR problem… as a lawsuit hits Nvidia and Anthropic lowers its IPO valuation. Plus, could CoreWeave’s earnings add fuel to the fire? Then, we unpack October’s hotter-than-expected inflation report and what it means for the Fed’s next move. Also: can Newell Brands, the company behind Sharpie and Yankee Candle, pull off a turnaround? We delve in...

Today, John and Emily discuss the market reaction to Jensen Huang’s affair, and the larger question it raises: can Nvidia survive without its CEO? Then, we shift gears to Tesla’s pivot from Cybertrucks to Cybercabs… and if the latter can live up to Elon Musk’s ambitions. Plus: did DraftKings make a losing bet on prediction markets? We unpack its lackluster earnings. Finally, we round up market hea...

Episode 308: Today, John and Hanna explore who really won the New York City Marathon (brand edition) – and how companies from Nike and Adidas to New Balance and TCS turn race day into a marketing opportunity. Then, we unpack Nintendo’s slowing Switch 2 sales, rising memory costs and whether Zelda can help turn its stock around. Finally, we hit the Analyst Disco to break down why analysts are makin...

Episode 307: Today, John and Hanna discuss what the midterm elections could mean for the data center buildout – and whether there’s a bull case for slowing the AI boom. Then, we unpack why Wendy’s rejected a $1.4 billion buyout bid and adopted a “poison pill” to fend off a takeover. Finally, we round up market headlines, including Warby Parker’s Intelligent Eyewear launch, turnaround efforts at Pe...

Episode 306: Today, John and Shreyas unpack Wall Street’s reaction to the midterm elections and what a divided government could mean for clean energy, Elon Musk’s companies and the AI buildout. Then, we explain why CVS is spinning off its pharmacies… but still holding onto its healthcare empire. Also, we dive into Kraft Heinz’s coffee sale and what consumers trading down from their K-cups means fo...

Episode 305: Today, John and Kaila discuss how the midterms and World Cup boosted Fox’s quarter – and whether that momentum can last. Then, we unpack the market reaction to Apple’s earnings and how the AI boom is squeezing the iPhone maker’s margins. Also, we dive into Shopify’s quarterly results, its preparations for holiday season and what AI shopping agents could mean for its business. Finally,...

Episode 304: Today, John and Kaila unpack Marriott’s quarterly results, how its loyalty program became a money machine and who wants a bigger cut. Then, we dive into Estée Lauder’s strong quarter and why Gen Z is fueling fragrance sales. Also, we break down the $6 billion Binance hack and the reaction across crypto markets. Plus, we round up the latest market headlines, including Marvell Technolog...

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...