US Economy Shrinks 0.3% & Starbucks’ Turnaround Plan Gets Bumpy
Episode 573: Neal and Toby discuss the latest GDP report and how Trump’s tariffs may have dampened the growth of the US economy. Then, Meta and Microsoft bring good news for their Q1 earnings as their AI and cloud businesses remain strong. Plus. Starbucks CEO Brian Niccol was hoping his turnaround plan would start out hot…but instead, it left investors feeling a chill down their spine with disappointing Q1 earnings. Meanwhile, Neal shares his favorite numbers from The Vatican, ‘Monty Python and the Holy Grail’, and the ‘Minecraft Movie’.
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00:00 - Happy May! 02:45 - US Economy Shrinks
07:50 - Meta and Microsoft Earnings
11:30 - Starbucks Earnings Stink
18:00 - Neal’s Numbers
24:45 - Headlines
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