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Morning Brew Daily

US Drug Shortage Hits Record High & Apple Loses Crown to Samsung

Morning Brew Daily

Morning Brew

Business News, News, Business

4.43K Ratings

🗓️ 16 April 2024

⏱️ 27 minutes

🧾️ Download transcript

Summary

Episode 302: Neal and Toby talk about the drug shortage that is plaguing America and what it means for the healthcare industry. Then, Tesla announces another round of layoffs while it’s still lagging behind in the EV market. Also, Apple is now playing catch-up as it falls behind its biggest competitor in the smartphone market. Next, Boomers with low mortgage rates and paid-off houses are staying put and have no plans to sell their homes, leaving little available homes for future generations. Meanwhile, ghost kitchens are starting to fade away. Lastly, cats are taking the spotlight in Hollywood.  00:00 - Intro 2:50 - Drug shortage crisis 7:00 - Tesla layoffs 11:00 - Apple shipment slumps 14:00 - Homeowners aren’t budgeting 18:00 - Ghost kitchens fading? 21:30 - Cats in Hollywood Get your Morning Brew Daily Merch HERE: https://shop.morningbrew.com/products/morning-brew-daily-sweatshirt?utm_medium=multimedia&utm_source=podcast&utm_campaign=mbd&utm_content=shownotes Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Disclosures: Investing involves risk and diversification does not ensure a profit or guarantee against a loss. Investors should consider the investment objectives, risks, and charges and expenses of any Exchange Traded Product (ETP) carefully before investing. The prospectus and, if available, the summary prospectus contain this and other information about the ETP and should be read carefully before investing. For a current prospectus, customers should visit the relevant ETP’s web page to access a link to the prospectus. Recommendations are one-time only. Any additional investment is at your sole discretion. Retirement recommendations aren’t available in Massachusetts at this time. Robinhood Financial LLC (member SIPC) is a registered broker dealer. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:27.0

Good morning, Brute Daily Show. I'm Neil Freeman.

0:30.0

And I'm Toby Howell.

0:31.0

Today, drug shortages in the US have reached a record high

0:35.1

what's going on and how do we fix it.

0:37.8

Then Tesla is laying off employees as Elon tries to steer the automaker

0:41.6

through the EV dull drums. Doldrums.

0:43.4

It's Tuesday, April 16.

0:45.4

Let's ride.

0:47.0

A new Gallup poll dropped yesterday that hits especially close to home for the crew here at

0:56.7

Morning Brew Daily. When asked about sleep habits, only 42% of respondents say they are getting as much sleep as they need, but only 26% say they are getting a full

1:07.0

recommended 8 hours.

1:08.6

And here's the data point that has me yawning.

1:11.2

20% say they got just five hours or less, which is a jump from 14% back in 2013.

1:17.0

Neil, we're in the 20%.

1:19.0

Speak for yourself, man. I'm hitting the pillow at 8 PM. these days but can we talk about the people in

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