← Morning Brew Daily
Morning Brew Daily
Is Amazon Prime Too Hard to Cancel? & Tylenol-maker Tanks From Autism Claims
00:30:21
FTC takes aim at Amazon & Tylenol has a PR headache
Loading summary
Transcript54 lines
- [00:01]
A
This annual enrollment season is your chance to pair a health savings account, HSA for short, with an HSA eligible health plan. Together they can help you put out of pocket money back in your pocket. When you open an hsa, your money goes in tax free. You can spend it now and save on qualified medical expenses or invest it where it could grow tax free and your money's yours forever. So while you're listening, tap the banner or find out more@fidelity.com HSA sponsored by Fidelity Investments.
- [00:32]
B
Good Morning, Brew Daily Show. I'm Toby Howell.
- [00:35]
C
And I'm Kyle Hagie.
- [00:36]
B
The FTC is mad at Amazon, the DOJ is mad at Google, and I'm just happy to be here.
- [00:41]
C
And how Oura Ring is Oura Farming With a new fundraising announcement and valuation.
- [00:46]
B
It's Tuesday, September 23rd. Let's ride. Good morning and happy Tuesday. Neil is out today for some much needed R and R. So we have superstar sub Kyle filling in today. And superstar sub Kyle, I have a question for you. I was reading this article about the gelato brand Talenti yesterday and apparently customers have been complaining for years about how difficult their jars are to open. A Wall street journal article from 2018 found people were using screwdrivers and saws to hack into jars while a scroll on Tik Tok today will yield videos of people using vice grips and banging jars on the counter to get inside the this year people were hoping it would get easier after the brand posted a video saying, we have an entire team dedicated to finding a solution to this issue, but customers have yet to see results yet. So Kyle, my question is one. Have you run into this talent issue before? And then two are there any jars or receptacles you have encountered that are particularly difficult to open?
- [01:46]
C
Well, I have not ran into the Talent issue personally, but I kind of like it. It's like you enjoy things that are a little harder to get to. So maybe it's like, oh, maybe you're just not man enough to get eat the Talenti work a little harder. The hardest vessel I've ever had to open are those small ketchup bottles. They never open. So if someone could help me there, that'd be much appreciated.
- [02:05]
B
Just spike it on the ground and wipe it up off the floor. But apparently the issue that Talenti is running into is the fact that after you seal the plastic, it contracts in the cold and then again it it can expand when you heat it up. So if you are having difficult getting into your frozen sweet treat, just run it under some hot water and Technically, it'll be a little easier.
- [02:27]
C
And now a word from our sponsor. Remarkable. Toby, do you still have that note I gave you?
- [02:32]
B
Oh, no, I threw that away. Why?
- [02:35]
C
It was the last letter my grandfather gave me.
- [02:38]
B
Ah, see, he should have used the remarkable Paper Pro move then. It's a portable paper tablet that helps you be more present, fit all your paperwork conveniently into your jacket pocket, and take, digitize and organize everything you don't want to lose.
- [02:52]
C
Yes, if only I'd use the remarkable Paper Pro Move, then maybe you wouldn't have to throw it away.
- [02:57]
B
Yeah, miscommunications like that can happen all the time when you're distracted by technology. It's even got two weeks of battery life so you don't spend every few hours having to charge it.
- [03:06]
C
You can try Remarkable Paper Pro move for 100 days for free. If it's not what you're looking for, get your money back. Get your paper tablet@remarkable.com today. That. That's remarkable.com Big Tech is back in.
- [03:20]
B
A familiar place this week as Amazon and Google are staring down separate court battles with U.S. regulators. First up in the burnt orange corner, Amazon is squaring off with the FTC over accusations it, quote, knowingly duped millions of consumers into buying Amazon prime subscriptions without them realizing. The FTC suit dates back to 2023 after a business Insider investigation found that Amazon execs were were aware that its users found its prime cancellation process more confusing than the signals your ex was sending you. One of the main findings from the report is that Amazon internally named its prime cancellation process Iliad after the famously long and winding Trojan War epic. According to the ftc, to brave the Iliad flow, customers had to navigate a 4 page 6 click 15 option cancellation process that also contained numerous pop ups and warnings and about losing benefits or missing special discounts seemingly designed to make them give up before finishing. Amazon has argued that the reason so many people end up buying and keeping their 1499amonth prime subscriptions is because they like it and they want to get next day delivery on 42 paper towel rolls. Regulators remain unconvinced, leading to this high stakes trial. Kyle jury selection kicked off yesterday, but is expected to take about a month to complete.
- [04:37]
C
Yeah, I mean, first, personally I just want to know who's trying to cancel Amazon Prime. You're not thinking straight. I need Amazon prime to live my life. But I think the heart of this matter is in general, what companies are allowed and not allowed to do when it comes to disclosing terms making it easier to cancel. There's legislation that came into force in 2010 called Roscoe Restore Online Shoppers Confidence act. And that's really a key piece of legislation here that makes it illegal for Internet services to to not be clear with their disclosures. You have to get consent to opt people into these subscriptions. So that will definitely be coming up in the trial. The other interesting angle here is that there will be some internal Amazon documents, as you alluded to, that come up as well. And so I'm sure there'll be a lot of news about what they're saying internally at Amazon. And is that consistent with what they're saying to the media?
- [05:31]
B
And what the internal documents might show is that Amazon execs could be personally liable in this case. That's what's different from most of these antitrust case or big tech case that we've seen face the courts is that right now 2 of executives could be found personally liable if they were apparently aware of this issue and still continuing to roll out this Iliad flow. So definitely some sweaty necks in the Amazon boardroom right now. But I also, you said you can't live without prime and you're not alone. Prime is insanely valuable both to people, but also to Amazon itself. Amazon made $44 billion off of prime subscriptions last year. Third party estimates say that prime members spend it twice as much as a non prime shopper. So anything that goes after their baby, their golden goose of Prime, Amazon is going to defend very vigorously because it's just so important to how they operate as a business.
- [06:27]
C
That's right. And I think this is a clear trend of consumers getting a little fed up with these dark patterns and with the inability to cancel more easily. I think Amazon prime personally is actually like fairly easy to cancel. I went through the cancellation flow last night in prep for this story. The only issue is when you cancel, it doesn't make it explicitly clear that you'll still retain your benefits kind of until you hit cancel. And it says, well you'll still have them for the remaining of your time. But compared to like a gym membership like Amazon prime is a lot easier than that.
- [06:57]
B
Yeah, I remember some gym memberships forced you to go in person, literally cancel them. So yeah, see it eye to eye. So compared to that, you are right. Amazon Prime's a little easier. Next up in the multicolored corner, Google was also squaring off with regulators yesterday over its dominance in the ad tech market. Earlier this year, a US District court ruled that Google had a monopoly over the digital ad market, saying that the company used acquisitions and rigged ad auctions to build their illegal sway. The judge called out that Google willfully engaged in these acts to build immense control over the tools the websites use to serve you pop up Range Rover ads while you try to follow a recipe for short rib. With that ruling in place, the trial has now moved to the remediations portion where the DOJ is once again fighting for Google to be broken up. This is separate from the trial that sought to cleave off Chrome from the company. But the outcome the DOJ wants is the same. A smaller Alphabet via a structural divestment. Google is fighting back, saying that the DoJ's proposals are too extreme on offering up smaller, more targeted fixes in response. And Google already played dodgeball once when it comes to a breakup. Let's see if it's nimble enough to squeeze out of this one too, without making any major divestments.
- [08:10]
C
Yeah, and if you had to Google, how many lawsuits is Google? And right now, don't worry, I did as well. At this point it feels like Google is just one monopoly. That's actually three monopolies in a trench coat. Like they're getting sued left and right and they're trying to break up so many different divisions in their business. You alluded to the previous case that was centered around Chrome. Google did not have to sell that. And one of the reasons cited by the judge was that AI has changed the dynamic around browsers and how consumers interact with browsers. So like, Google won't maintain its dominant position there. This I feel like is a little different where Google has a really strong footing in the ad market. Google Ad X Dominant market share it estimates that 54 to 65% of the worldwide open web display ad exchange market. And they have their ad server product, Google Ad Manager, which also has an estimated over 90% market share. So it's dominant. And I don't see how AI or a new technology is disrupting that. So this one feels a little more serious to me.
- [09:11]
B
Yeah, let's dive into those two terms because they're not necessarily terms you come into into contact with every day. Ad exchanges are those marketplaces where websites can action off ad space to advertisers in real time. These are a very complex matching system where someone bids on an ad slot and then it's filled and that is managed by Google. And then there are the ad servers that actually the software that websites use to manage which slots they have available, the minimum prices they'll accept. Which ads ultimately appear on your screens. And again, this is stuff that you, you just when you're scrolling on online, you see ads all the time, but you don't know everything that's going on behind the scenes. Google has a massive chunk of that. It is why it is such a big part of its business. Just in its US ad revenue alone in 2025 is projected to reach $86 billion. And that is, that is a small part of their overall. It's not a small part of their overall business, but they have a global ad network as well. So there is a lot on the line here. Basically the future of know the open web, is it going to be one that is dominated by Google going forward or is it something that they do have to be broken up?
- [10:17]
C
And similar to the Amazon case, there's some internal documents that might come out during this trial that could be interesting because Google had previously offered to sell their ad exchange during private negotiations in a different EU case. And so as, as this trial proceeds, some of those internal documents, those internal studies on what the harm to Google would be by selling this might come out. So we'll actually see what, what Google thinks about this all.
- [10:41]
B
Another defining moment. I feel like we've this on the show so much but will the courts actually force a big tech breakup or will they keep settling for kind of these half measures like just kind of data sharing and contract tweaks, or will it be something where the Alphabet is getting smaller?
- [10:56]
C
That's right. Stay tuned for that. Flanked by top health officials, including Health Secretary RFK Jr. And FDA Commissioner Dr. Marty Macri, Trump and the administration sought yesterday to draw connections between the use of Tylenol or acetaminophen and autism. However, almost all peer reviewed scientific studies do not suggest that Tylenol causes autism. One of the largest studies in the space, which focused on 2.5 million children in Sweden, concluded there was no link between Tylenol and autism after removing confounding factors. And a meta analysis of six studies on the matter, co authored by Harvard School of Public Health's dean, concluded that there was a association that. But finding an association is not the same as claiming a causal relationship. Quote, we cannot answer the question about causation. That is very important to clarify. That quote was from Dr. Didier Prada, who was the first author of that study. Scientists believe up to 80% of a person's risk of developing autism is related to their inherited genetic factors. Now the business angle. Why are we talking about this? Well, Tylenol is a classic American brand, 70 year old history, tens of million of people using the product and the company behind it. Ken Vu is a Johnson and Johnson spin off company. This company is down approximately 17% since the wall Street Journal first reported about this upcoming announcement around a month ago and the stock slid 7% since this announcement. Yesterday the company did release a statement saying, quote, we believe independent sound science clearly shows that taking acetaminophen does not cause autism. End quote. Toby, what do you think the Slack channel at kenvu was like yesterday during this announcement?
- [12:34]
B
I mean, Ken view is stressing just a little bit. This is. They've been seeing kind of rumblings over the past few years that Tylenol has been linked to autism, but with no real definitive proof. But this time the Trump administration is kind of making a push to try to draw the link. There are a couple of major studies that you do need to be aware of here. One was this systemic review of six studies that actually the Harvard School of Public Health did, that the Trump administration is citing, saying that there is an association between prenatal Tylenol use and autism. Explicitly noted in the study is that it is an association. It is a correlation, not a causation. And then the other major study that you touched on is this one out of Sweden that is by far the biggest study that is diving into the link between these two 2.4 million children over over 20 years, 7 and a half percent were exposed to acetaminophen in utero. And they compared the results between those exposed and those unexposed. They even compared siblings and they found no risk of autism, no increased risk of autism or any intellectual disability. So those are kind of the two studies you're going to be hearing a lot over the next few days as this is sort of debated. But you do see how the largest and longest running studies are contradicting some of these health claims put out yesterday.
- [13:56]
C
Yeah, and I think this has entered the zeitgeist, maybe rightfully so, because the rate of autism diagnosed has gone up. In 2000 it was approximately 0.5% of US children. Sorry, that was in the 1990s. And in 2000 it's looking like it's about roughly 3%. Now, many scientists claim that this is because we've gotten better at diagnosing and the definition of what counts as autism has expanded to much more of a spectrum approach so more people fit a new definition. I also want to say despite this announcement yesterday the FDA issued a press release saying that, quote, it remains reasonable. However, for pregnant women to use acetaminophen in certain scenarios, end quote. So that was a little more muted announcement than what we heard from Trump and the rest of the administration yesterday. And that was basically the guidance of what you were supposed to do before.
- [14:48]
B
But it is fascinating to see can view now as you know this pharma maker, they are moving now more on political announcements and health announcements rather than peer reviewed science or anything like that. So it's just a new reality for big pharma in general, which has been kind of beaten down by the Trump administration. A lot of these companies have had a little bit of a rough stock chart since, you know, RFK Jr. Has taken aim at them. So add can view to the list of pharma stocks that haven't been doing so well recently.
- [15:18]
C
That's right.
- [15:19]
B
We're going to take a quick break, but come back and talk about Oura Ring.
- [15:24]
D
One of the hardest parts about B2B marketing is reaching the right audience.
- [15:27]
C
I remember when I bought a coffee maker and then months later kept getting served ads for a coffee maker after I'd already cozied up to my new one.
- [15:35]
D
Don't send your marketing materials into the ether where they might end up in front of the wrong audience or or an audience who already has a coffee maker. When you want to reach the right professionals, use LinkedIn ads.
- [15:45]
C
LinkedIn has grown to a network of over 1 billion professionals. You can target your buyers by job title, industry, company role, company revenue. You get the picture?
- [15:54]
D
LinkedIn will even give you an extra $250 credit on your next campaign, so you can try it for yourself. Just go to LinkedIn.com/mbd to learn more. That's LinkedIn.com/mbd. Terms and conditions apply only on LinkedIn ads. Toby, I want to talk to you about exposure.
- [16:13]
B
Oh, you mean like that reoccurring nightmare where I show up for the podcast in my underwear?
- [16:17]
D
It's actually nothing like that at all because I'm talking about exposure to the NASDAQ 100 index using micro index options.
- [16:25]
B
Oh, well, that's totally different. Nasdaq 100 micro index options XND offer precise and manageable exposure to the Nasdaq 100 index at a smaller notional value.
- [16:36]
D
The smaller notional value can make it an attractive option by allowing retail investors to participate in options trading with lower capital requirements.
- [16:43]
B
Plus, this can provide flexibility for those managing smaller accounts or looking to diversify investment strategies without committing significant resources.
- [16:51]
D
Potential tax benefits can help sweeten the deal to index derivatives like X and index options may benefit from a potentially lower blended tax liability.
- [17:01]
B
There are many more ways you can benefit from XND index options, so to learn more, head to nasdaq.com nasdaq-100options xnd-ndx that's nasdaq.com nasdaq- 100-options xnd-ndx with numbers.
- [17:23]
C
So large, they would certainly make your smart ring register an increased heart rate the company that makes Oura ring is raising $875 million in new series E financing, valuing the company just shy of $11 billion now. The company has sold over 5 million rings to date, which is double the 2.5 million rings sold they reported in June 2024. And the company is forecasted to generate over $1 billion in revenue this year, which is also doubled the 500 million it put on the scoreboard in 2024. 4 Tom Hale or a CEO stated in an interview that Aura has been growing quote like a rocket ship and that he has never seen a stronger quarter in his 130quarters. Working in Business Quick side note, I'm changing my resume from measuring in years to measuring in quarters. With the influx of cash, Aura is planning to scale up production, focus on international growth and invest in product development. Now I want to zoom out for a second. Aura is just one player in the global wearables market which is valued at over $70 billion and is projected to grow to over $150 billion by 2030. Samsung, Whoop, Apple and many others compete in this space. For reference, analysts estimate the Apple Watch drove over $10 billion for the company in 2024 and in 2022 saw over 50 million watches purchased in just that year. Toby, are you a wearables guy? Because personally I don't want to see my sleep score after waking up at 4am for the show.
- [18:50]
B
I am wearing two wearables as we speak right now. Neither one of them are an Aura ring, but this is a hot product right now. Some of the growth drivers that the company mentioned were female shoppers have been increasingly buying Oura rings and then also HSA and FSA purchases. These health spending accounts have been able to contribute towards our rings which are pretty pricey and and so have been driving increased sales and then they're trying to expand internationally. They have more retail distribution. Over 4,000 stores now carry Aura. So it's definitely this broad based growth narrative that we're seeing. But I do want to call out one of their largest business customers which is the US Military. Tens of thousands of service members actually use oura rings for things like fatigue tracking, stress management, resilience training, fitness optimization. And it makes a lot of sense. You want to see how your troops are doing and or it gives a lot of insight into that health data. Back when the pandemic was at full force, they were seeing or rolled out this partnership with the military to do some like pre Covid tracking to see if any biological signs were showing Covid symptoms before they actually manifested. So it's been a fascinating partnership. Obviously great retail growth, a lot of adoption from just normal everyday people. But they also have this very, very robust military partnership. It's literally their largest business customer.
- [20:10]
C
Yeah, I think there's a famous quote that's like first time founders focus on products. Second time founders focused on distribution. And I think Aura had figured out distribution for their rings earlier than some of their competitors. They were one of the first companies that I saw that allowed you to use HSA accounts to purchase rings. That was a big driver. You mentioned this relationship with the US Military. The other thing that's great about this business is they've done a good job of shifting from purely hardware to software. About 20% of Aura's revenue now comes from subscriptions where you're getting your dashboards, you're getting the intel that the actual hardware the ring provides. So that is a really good sign for this business. The other theme that we're seeing emerge is companies staying private a lot longer. I mean, Series e financing almost $900 million. In the past this company would have gone public. The CEO said like there's real advantages of being a private company now looking at Space X, looking at Stripe. Why go public and face more scrutiny when you can raise close to $1 billion and stay private?
- [21:10]
B
And I do think that they have to be a little nervous though because big bad Apple is waiting in the wings. There's a lot you mentioned. You know, Samsung launched its Galaxy Ring that did pretty badly actually. But you have Apple trying to create this health ecosystem. They've been investing a ton of money into health recently. They just release AirPods that have heart rate tracking ability that can pair with your Apple watch. They've been rumored to be working on a smart ring as well. So Apple is one of those things that are just always lurking in the background. So I'd be a little bit nervous if I was Aura because right now they have mostly dominated this niche of ring. There's some other competitors out there. Ultra Human is another one. But I do think that if you have Apple filing patents for a ring like device, you do have to be a little nervous because they've invested so much into health recently. Moving on, we're back with another edition of Toby's Trends, a segment where I take a deep dive into the business world to emerge with the trend that will help you win your next trivia night. And today's trend is about the app that is eating Yelp Belly. Belly is a social review app that allows users to rate their meals with a catch instead of just asking someone how the experience was. On a scale of one to five stars, like a Yelp or a Google would, users are prompted to compare their meal with with other restaurants they've rated. Then, much like chess players are assigned a rating based on how they perform against varying levels of competition, restaurants get a score assigned to them based on how they are reviewed relative to other restaurants. This is both a lot more fun than leaving traditional reviews and ends up giving a more uniform set of ratings across users. It's that level of granularity that has made Belly especially popular with younger foodies. According to the company, roughly 80% of its users are under the age of 35 and an audience they are stealing from legacy platforms. No one in my generation writes on Yelp, one 28 year old told the New York Times. The data backs it up. In just four years, Belly has nearly caught Yelp. Users have logged 75 million restaurant reviews compared to 83.6 million over the same period for Yelp. But that includes all businesses, not just restaurant. Kyle have you heard of Belly? And I'm not talking about the Belly who only dates brothers from Cousins Beach.
- [23:22]
C
That's right. I heard Jeremiah still uses Yelp personally. That's what I'm hearing. I've not used Belly but I I did my investigative journalism. You know I like to talk to my sources. I texted two friends that I know are power users of Belly and one said quote the best part is delusionally pretending you're a food critic. A weird self ordained credibility. They both reference that the pictures of food on the app were like the best of any app. You could actually see what you're going to get and it was accurate. And then the other thing they liked is that you could look at friends profiles who had similar like taste as you to find restaurants you needed to go to. So they loved it. I've seen very few apps that had like that level of brand loyalty already and this space is also heating up. The co founder of Razi launched Blackbird, which is another kind of food Discovery food platform. So it seems like the next generation of food discovery is here.
- [24:14]
B
I think if we had to zoom out and call this a broader trend, it is like logging tools in general are becoming increasingly popular. One person in the New York Times article described Belly as it's like letterboxd for lunch. Letterboxd is the movie review app, but this is kind of how young people go through life these days. If you watch a movie, you review it on letterboxd. If you go for a run, you got to put it on a Strava. If you read a book, you got to put it on your Goodreads. If you have a dank meal, you put it on a belly. So yes, the story's about belly, but I think this trend in general is about how much young people just love recording their lives because it's how they connect. It's part of their identity and they love just sharing what they are doing. Finally, let's sprint to the finish with some final headlines. ABC is bringing Jimmy Kimmel Live back on air Tuesday, just days after suspending the late night show over comments he made about Charlie Kirk's death. Last Wednesday we made the decision to suspend production of the show to avoid further inflaming a tense situation, disney said in a statement. We have spent the last days having thoughtful conversations with Jimmy and after those conversations we we reached the decision to return the show on Tuesday. The return to air capped a whirlwind week. Disney made the decision to pause the show after FCC chair Brendan Carr threatened to take action against the broadcast licenses of ABC owned stations. The suspension sparked a free speech firestorm with more than 400 Hollywood figures signing an open letter of support for Kimmel and even Republican Senator Ted Cruz warning that governments meddling in TV content was, quote, unbelievably dangerous. Now Jimmy Kimmel Live is returning, though not every station may carry it as nexstar and Sinclair still insists Kimmel must apologize and donate to Turning Point USA before they'll put him back on the airwaves. Kyle I was reading an article from Yahoo. Entertainment about this story last night that had 22,000 comments on it. Wonder what the ratings are going to look like on his first show back.
- [26:11]
C
That's right. This sparked kind of a big conversation. I think the first showback will be Some Must Watch tv. Now there's always signs that a relationship is getting stronger. You meet the parents, maybe you move in together, or sometimes you agree to invest $100 billion and supply smart chips in exchange for non voting shares of the leading Geni consumer company. I'll let you guess which one Nvidia and Open Air just did. That's right, the two titans in the air sphere just got much, much closer. The deal provides OpenAI with the capital and guaranteed supply of cutting edge hardware it needs to continue its dominant position in the air race. And for Nvidia, it gains investment into the one of the most important customers and locks in demand for its expensive, highly specialized chips. Now the deal is not finalized and is expected to be paid out in tranches as more gigawatts of power come online. But the news has Nvidia and other chip supplier stock up as it proves that the hype is is still alive and well.
- [27:05]
B
So there's this concept of in a gold rush you want to be the one selling, you know, shovels and picks. And Nvidia has been that they funded the gold rush, but now they're also financing the miners themselves too. They are just part of the entire ecosystem. It makes its success almost self reinforcing in ways. If you are giving OpenAI $100 billion, where is OpenAI likely going to spend that money? Right back within the video and buying their GPUs. But it does raise some criticism and questions from analysts saying maybe Nvidia is overstating the health of its business because it's fueling demand with its own money. It actually is giving a lot. It's invested in a lot of the companies that are buying its own chip core weave. It owns almost over 5% of that company. They just ordered $6.3 billion worth of Nvidia chips this month. Now you're seeing them plow $100 billion in OpenAI. Who's probably going to turn that money right around and put it right back into Nvidia. Finally, a spectacular fireworks show in Tibet sparked 4 furious backlash against the outdoor outfitter. Arc Teryx, the Canadian founded Chinese owned brand, teamed up with a Chinese artist known for his large scale explosion events and gunpowder drawings to put on a rising dragon display at 18,000ft up in the Himalayas. What that entailed was lighting off thousands of smoke filled fireworks to create the illusion of a massive dragon in the mountains. It was epic to behold. Seriously, I encourage everyone to look it up. But the stunt drew immediate criticism on Chinese social media where users accused the company of damaging a fragile ecosystem for an ad campaign. Local authorities have since launched an investigation in arc' Teryx and the artists have both issued public apologies. But state media are still questioning the sincerity of those apologies and calling for accountability from Both the brand and the officials who approved the display. Kyle, I see why authorities are mad, but dang. Was the actual display kind of cool?
- [28:59]
C
Yeah, I mean, if you watch the videos, they are pretty remarkable. And if I saw them on Twitter, I'd be like, that's AI. Like, that's. That's not real. They are in fact real. I do think our terex kind of messed up here because if you're a company that is stated to be outdoors, cares about the environment, you shouldn't be doing something that's even perceived to put the environment in harm's way. Like, it goes against your company values to be like, Ben and Jerry's coming out in defense of like, for profit prisons. Like, it just, it wouldn't make sense for the company values. So I think they did mess up here. The videos are pretty cool. Hopefully they write this wrong.
- [29:31]
B
That is all the time we have and I hope you all have a wonderful Tuesday. Kyle, thanks as always for joining me in the studio. Let's roll these credits. Emily Milian is our executive producer. Raymond Lu is our producer. Olivia Graham and Olivia Luke are our associate producers. Hair and makeup are tag teaming. That talented jar still trying to get it open. Devin Emery is our president and our shows of production of Morning Brew.
- [29:54]
C
See you all tomorrow.
- [30:03]
A
Are you looking for a daily dose of market news without the jargon and the noise? I decided to go take a look and see what those analysts are saying and who those non institutional investors might be. I'm Ann Berry, investor, CEO and board member. And my show Brew Markets dives deep beyond the headlines to break down the stories of stocks with insider insights. So a really powerful chart there you see just massive deviation. Well, it's the lifeblood of trade. There's just one chapter in there which really struck me because, you know, I've been a CEO of business. You'll come away from each episode of Brew Markets able to ask the questions that help you strengthen your market knowledge. New episodes drop every weekday afternoon, so tune in to Brew Markets wherever you get your podcasts.