Tuition is going down due to an influx of money from federal, state, and local governments, reversing decades of reduced funding. This has led to a decline in net prices at public and private universities.
BYD is outselling Tesla by leveraging a mix of electric and hybrid vehicles, benefiting from China's large consumer market and technological advancements in hybrid technology.
The UK is implementing the largest tax hike in generations to increase public spending and investment, aiming to kickstart economic growth and catch up with the US economy, which has seen higher GDP growth.
Chili's success is attributed to affordable pricing, popular menu items like the Big Smash Burger, and effective viral marketing strategies that resonate with modern consumers.
Super Micro's stock plummeted after its auditor, EY, resigned, stating they were unwilling to be associated with the financial statements prepared by management, raising concerns about the company's financial integrity.
Episode 444: Neal and Toby chat about the recent data showing not all college tuition is getting expensive, in fact, it’s become more affordable in the last decade. Then, Britain’s Labour Party swings for the fences to catch up to the US economy by announcing its biggest tax hike on the wealthy yet. Next, Chinese EV maker BYD overtakes Tesla in EV sales for the first time this quarter, signaling that a new EV king could be crowned. Meanwhile, the fast-casual restaurant industry might be struggling but Chili’s is riding high thanks to its Triple Dipper platter. And, Super Micro has a colossal $50B stock wipeout. Lastly, important headlines you need to know to end your day.
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.
Find your fit at bonobos.com) and use code BREW20 for 20% off.
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 -NYC Marathon Weekend
03:10 - College Tuition Prices
08:00 - UK Raising Taxes
12:00 - BYD Overtakes Tesla
17:25 - Stock of the Week
20:45 - Dog of the Week
23:30 - Headlines
Learn more about your ad choices. Visit megaphone.fm/adchoices)