Apple’s App Store Reign Ending? & Eyeball-Scanning Crypto's US Launch

Morning Brew Daily

Morning Brew

News, Business, Business News

4.4 • 2.8K Ratings

🗓️ 2 May 2025

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

Episode 574: Neal and Toby chat about Apple’s Q1 earnings which admitted tariffs may make a huge impact to its sales, and the L it took after a judge ruled it could no longer take commissions from sales outside its app store. Then, Sam Altman’s eyeball-scanning crypto makes landfall in the US, promising to be at the forefront of crypto innovation. Meanwhile, a double-Dog of the Week special from Amazon and McDonald’s. 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. Visit https://planetoat.com/ to learn more! Listen to Morning Brew Daily Here: https://www.swap.fm/l/mbd-note Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Cryptocurrency trading services are offered by Bakkt Crypto Solutions (NMLS ID 1890144), which is licensed to engage in virtual currency business activity by the NYSDFS. Cryptocurrency is highly speculative and involves a high degree of risk. Cryptocurrency holdings are not protected by the FDIC or SIPC. APY as of 3/18/25, subject to change. *Terms and Conditions apply. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	If you're building your portfolio, don't do it alone. On public, you can build a multi-asset investment portfolio of stocks, options, bonds, crypto, you name it. And you can diversify while generating fixed income with public suite of yield accounts, like their high-y-yield cash account where you can earn an industry-leading 4.1% APY. Fund your account in five minutes or less and earn up to $10,000 when you transfer your
0:23.0	old investment portfolio. Head to public.com slash morning brew to get started. That's public.com
0:28.4	slash morning brew. Paid for by public investing, full disclosures and podcast description.
0:34.7	Good morning brew daily show. I'm Neil Fryman.
0:37.8	And I'm Toby Howell.
0:38.7	Today, Apple is facing some serious challenges.
0:41.8	Unfortunately, Siri is too useless to help.
0:44.8	Then Sam Altman's Iris scanning crypto startup is setting up shop in the U.S.
0:49.5	So prepare your eyeballs.
0:51.7	It's Friday, May 2nd.
0:53.3	Let's ride. You've all been in this situation.
1:01.4	You get invited to a party, maybe a roof hang, which means you have to stop at the store on
1:05.8	your way to pick up a six-pack of something. What do you choose? White Claw, high noon. Well, this year,
1:13.1	the beverage industry thinks more people will buy canned vodka lemonade, which has already
1:18.4	been dubbed the drink of the summer. Yes, vodka spiked lemonade. The brand surfside popularized
1:24.3	this drink back in 2022, and it's exploded in growth since. Now, everyone from
1:29.6	Anheuser-Busch to Boston Beer Company to Dave Portnoy has hopped on the trend releasing vodka
1:34.7	lemonade and teas of their own in just the past few weeks. Toby, are you in or out on lemonade?
1:40.6	Every time I think we've invented every possible canned cocktail imaginable, the alcohol
1:46.3	industry turns out a new one. But by new, I also mean old because they haven't created
1:51.1	anything that a frat party in America hasn't already seen and drank a thousand times over.
1:57.9	But yeah, this category is kind of an old thing. Surfside really did bring it to the
	...

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