Stock Market Surges After 'Aggressive' Fed Rate Cut & Costco Launches New Product…Housing?

Morning Brew Daily

Episode 413: Neal and Toby recap the Fed’s decision to make an aggressive cut by 50-basis points and how the stock market reacted. Then, a deadly attack in Beirut caused by exploding pagers has everyone wondering why these pagers are connected to Taiwan. Next, Snap launches their latest AR glasses that are built for developers. Meanwhile, Neal shares his favorite numbers from Norway EVs, Costco housing, and Real Madrid’s noisy stadium. Lastly, the once iconic Tupperware brand files for bankruptcy. 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.

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00:00 - Toy Hall of Fame

02:40 - The Fed cuts rates

08:10 - Pager explosion supply chain

12:45 - Snap AR Spectacles

17:45 - Norway EVs

20:00 - Costco housing

23:00 - Spain concert venue fail

26:00 - Tupperware bankruptcy

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