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Morning Brew Daily

FTC Sues to Block Major Grocery Merger & BYD Taking Over the Car Market?

Morning Brew Daily

Morning Brew

Business, News, Business News

4.4 • 3K Ratings

šŸ—“ļø 27 February 2024

ā±ļø 27 minutes

šŸ§¾ļø Download transcript

Summary

Episode 267: Neal and Toby explain why the FTC is suing to block another major merger, this time between two grocery giants. Plus BYD enters the luxury car game while also rolling our a $15,000 model that is putting auto makers on notice. Next up, Samsung is putting big money into the Galaxy Ring and Toby shares his favorite trends. Finally, why are there so many car washes? And Amazon finally joins the Dow. Listen to Morning Brew Daily Here:Ā https://link.chtbl.com/MBD Watch Morning Brew Daily Here:Ā https://www.youtube.com/@MorningBrewDailyShow Options are not suitable for all investors and carry significant risk.Ā Certain complex options strategies carry additional risk. Options can be risky and are not suitable for all investors. See theĀ Characteristics and Risks of Standardized OptionsĀ to learn more. For each options transaction, Public Investing shares 50% of their order flow revenue as a rebate to help reduce your trading costs. This rebate will be displayed as a negative number in the ā€œAdditional Feesā€ column of your Trade Confirmation Statement and will be immediately reflected in the total dollars paid or received for the transaction. Order flow rebates are only issued for options trades and not for transactions involving other assets, including equities. For more information, refer to theĀ Fee Schedule. 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 Open to the Public Investing, Inc., member FINRA & SIPC. SeeĀ public.com/#disclosures-mainĀ for more information. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Good morning Brew Daily Show, I'm Neil Freiman and I'm Toby Howell. Today the

0:05.0

FTC wants to put the largest ever supermarket merger in the freezer section.

0:09.8

Then beware Baconator lovers Wendy's is getting creative with a new burger pricing strategy.

0:16.4

It's Tuesday, February 27th.

0:18.6

Let's ride. There might be a world in the not too distant future where humans are able to

0:29.6

talk to Wales.

0:31.6

Seriously, a new Atlantic article highlighted a well-funded project that's bringing together

0:36.3

leading AI researchers to decode sperm whales language.

0:40.7

These whales communicate through clicking sequences known as codas and if scientists

0:44.9

spent enough time decoding these clicks paired with key tech breakthroughs it's possible

0:50.0

that eventually humans would be able to initiate a conversation with them

0:54.1

marking the first time two species living side by side for tens of millions of years

0:59.3

would make contact with one another. First of all this is huge because hopefully we can tell the sperm whales to talk to their

1:05.3

pals the orcas and tell them to stop singing our ships because if killer whales turn off, we are doomed

1:11.0

as a species.

1:12.4

But also, I feel like the scientists pick the wrong species to do this with

1:16.0

you got to go after the dog market first right that's how the first

1:20.0

trillionaires can be born if someone can invent a way to talk to dogs.

1:23.2

But Neil I gotta ask you if you could talk to any animal, which animal would you choose?

1:27.2

Well I'm trying to get in better shape so I'd love to consult the best fitness influencer on earth, the dung beetle, because the dung beetle is the strongest insect on earth.

1:36.8

They're able to push balls of fresh animal poop that weigh more than 200 times their body weight.

1:42.5

So I'd love just to know the regimen.

...

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