Brew Markets

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...

Episode 228: Today, Ann surveys new grocery data and how a spending slowdown is putting pressure on food companies. Then, we spin through market headlines including Eli Lilly’s expansion into psychedelics, United Airlines’ multi-billion-dollar fuel problem and UnitedHealth’s turnaround strategy. Finally, we bring back Ticker-on-a-Sticker to survey earnings from some of the biggest banks, including...

Episode 227: Today, Ann surveys Stripe and private equity firm Advent International's $53 billion bid for PayPal - and whether going private could help revive the payments giant after years of struggles. Then, we dive back into earnings with reports from Johnson & Johnson, Conagra Brands and Cartier-owner Richemont. We also unpack the latest macro developments, including the newly released Produce...

Episode 226: Today, Ann discusses JPMorgan's historic earnings report and the surprising role payments OG Visa played in the blockbuster results. Then, we spin through the stories moving markets today, including IBM's profit warning, Chipotle's expansion into Mexico and New York's data center ban. We also unpack the latest Consumer Price Index and Fed Chair Kevin Warsh's testimony from Capitol Hil...

Episode 225: Today, Ann breaks down Shein's IPO plans and why the fast-fashion giant is turning to Hong Kong after two prior listing attempts. Then, we survey the stories moving markets today, including a fresh lawsuit in the Paramount-Warner tie-up, TSMC's blockbuster revenue report and the first nuclear fusion company to go public. Finally, we dive into WD-40's latest earnings and the one produc...

Episode 224: Today, Ann and John bring you a Summer Friday special - a curiosity episode! As we near the end of this quieter stretch between earnings seasons, they're digging into some of the stories that caught their eye this week. They explore the debate over whether Americans actually want driverless cars on their roads and why Barnes & Noble Education is reinventing the way it sells textbooks...

Episode 223: Today, Ann breaks down blockbuster earnings from Uniqlo parent Fast Retailing – and what’s helping it zip past the rest of the apparel industry. Then we spin through market headlines, including earnings results from Levi Strauss and PepsiCo, plus why AstraZeneca shares are tumbling after a late-stage trial miss. Finally, we take a listener’s question and unpack why some pawn shop stoc...

Episode 222: Today, Ann breaks down the latest developments in the escalating conflict in the Middle East and how renewed tensions are rippling through global markets. Then we spin through today’s market headlines, including Apple’s move to shore up its domestic supply chain and Waymo’s expansion into new markets. Finally, we answer a question from the audience and take a closer look at Loews Corp...

Episode 221: Today, Ann surveys the wave of initiating coverage reports from Wall Street's biggest banks as SpaceX's post-IPO quiet period comes to an end. Then, we spin through today's market headlines, including Walmart's bid to win over cost-conscious consumers, why Rivian shares are sliding and Microsoft's push to replace outside AI models with its own. Finally, we welcome Jeanne Sun, Head of...

Episode 220: Today, Ann surveys South Korean memory chip giant SK Hynix’s U.S. Nasdaq listing, why it differs from a traditional IPO and what the size of the blockbuster offering says about investor demand. Then we take a spin through the market headlines, including Lockheed Martin's $3.5 billion push into undersea warfare technology, SpaceX joining the Nasdaq-100 and why Microsoft's Xbox is getti...

Episode 1219: In a market dominated by glamorous mega-caps and AI hyperscalers, small-caps just had their best first half in 35 years.  So today we revisit Ann’s January conversation with Manny Weintraub, Principal of Cannell & Spears.  Manny explains how he defines the category, why we may be at “peak tech” and how simply buying a basket of small caps through an ETF may not be the best approach. ...

Episode 218: Today, Ann revisits her May conversation with Mona Mahajan, Head of Investment Strategy at Edward Jones. They discuss what happens when investors buy on IPO day and how those stocks have historically performed against the broader market. They also cover how midterm elections tend to move markets, where investment opportunities exist beyond the U.S. and what we might expect from the Fe...

Episode 217: Today, Ann revisits her March conversation with Jon McNeill, former President of Tesla and Co-Founder & CEO of DVx Ventures. Jon unpacks the five-step framework behind his book, The Algorithm, drawing on lessons from scaling Tesla, serving on the boards of General Motors and Lululemon, and working alongside Elon Musk. They discuss the leadership habits that drive high-performing compa...

Episode 1216: Today, Ann revisits her January conversation with Bob McCooey, Vice Chairman of the Nasdaq. Recorded before the SpaceX IPO, they discuss how the exchange competes for marquee listings from companies including SpaceX, Anthropic and Databricks. They also cover Walmart's unprecedented move from the NYSE to the Nasdaq, the rise of the retail investor, and how Bob and his team support com...

Episode 215: Today, we step back from the headlines to explore one of the biggest questions in business: How does an industry leader stay on top when the world changes around it? With retailers like Macy's, Victoria's Secret and Lululemon all working to reinvent themselves… or rekindle what worked previously… we look back at the company that once defined American retail: Sears. At its peak, Sears...

Episode 214: Today, we survey Micron's blockbuster earnings, what they reveal about the next phase of the AI buildout and the ripple effect being felt in consumer product prices. Then, we spin through the headlines moving markets – including today's inflation report and what it could mean for the Fed's next rate decision. Plus: earnings from Darden Restaurants and BlackBerry. Finally, it's Prime D...

Episode 213: Today, we survey a new partnership between Tesla, Sunrun Solar and Renew Home that aims to turn millions of American homes into a single, massive virtual power plant. Then, we spin through the headlines moving markets – including earnings from KB Home and FedEx, Germany scrapping its warship project, Wendy's meme-stock moment and Alphabet's addition to the Dow Jones Industrial Average...

Episode 212: Today, we explore the global factors that precipitated today’s tech sell-off and which chip stocks to keep an eye on this week. Then, we spin through the headlines moving markets, including Walmart's acquisition of Vibe.co, earnings from Carnival Cruises and Domino's announcement of a new CEO. Finally, it's Money Mover day – and we're looking for insight into what is happening with Bi...

Episode 211: Today, John digs into why pharma giant AbbVie is writing a $10.9 billion check for a clinical-stage company with no approved drugs and no product revenue - and why the “patent cliff” is forcing drugmakers to shop early. Then we take a spin through the headlines - including Getty’s deal with OpenAI and UPS’s investment in their cold chain logistics network. Next, we play a round of Ove...

Episode 210: Turnarounds are tough – especially as a public company where investors are watching every move. Today, Ann sits down with Kaz Nejatian, CEO of Opendoor, the largest iBuyer in the United States and a company in the midst of a major turnaround effort. In a candid conversation, Kaz explains how he's reshaping the business – from restructuring the real estate portfolio and leaning more he...

Episode 209: Today, we survey the latest Fed rate decision and its new approach to communicating under Chair Kevin Warsh. Then, we spin through the headlines moving markets – and it's all about cars! OG online used-car retailer Carvana is betting on new cars, CarMax reported earnings and BMW just slashed its profit outlook. Finally, we dive into Bending Spoons – the company buying up famous-but-st...

Episode 208: Today, Ann surveys SpaceX's $60 billion acquisition of AI coding platform Cursor and what it suggests about SPCX’s new life as a public company. Then, we spin through market headlines, including earnings out of Dave & Buster's and Pizza Hut's exodus from Yum! Brands. Finally, we welcome JB Mackenzie, Vice President and General Manager of Futures and Prediction Markets at Robinhood, to...

Episode 207: Today, Ann unpacks the UK’s proposal to ban children under 16 from major social media platforms – and the impact it could have on the social media companies themselves. Then, it’s a Monday full of merger moments – as Salesforce, Fox and American Express announce acquisition plans. Finally, as SpaceX wraps its first full day of public trading, we answer a listener’s question about whic...

Episode 206: It’s almost the Fourth of July!  Ann welcomes Todd Kaplan, Chief Marketing Officer of North America at Kraft Heinz, to the show. They discuss how the company is celebrating America 250 with its first-ever portfolio-wide campaign: 'The United Tastes of America,' which brings together its household brands, from Heinz Ketchup to Oscar Mayer. They also discuss Kraft Heinz’s decision to st...

Episode 205: Today, Ann unpacks Mercedes-Benz's decision to look skyward for its next frontier of growth by entering the drone arms race. Then, we survey earnings out of Navan and Oracle. Also: the European Central Bank just raised interest rates for the first time since 2023, - days before the Federal Reserve's next policy decision. Finally, we take a question from the audience to discuss the dif...