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

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. To learn more about how Wise could work for your business, visit https://wise.com/business Get your Morning Brew Daily T-Shirt HERE: https://shop.morningbrew.com/products/morning-brew-radio-t-shirt?_pos=1&_sid=6b0bc409d&_ss=r&variant=45353879044316 Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow 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 Learn more about your ad choices. Visit megaphone.fm/adchoices