Automakers Hit the Brakes on EV & Can Macy’s Be Luxurious Again?

Episode 76: With news coming out of the White House this afternoon that auto fuel standards will be rolled back, Ann reviews which auto companies have already been stepping back from EV models and how their share prices have fared.  Then we look at earnings for Macy’s and Pure Storage… will the retailer’s refresh bring shoppers back to the department store… and can the flash storage company continue to deliver to hyperscale clients?  Finally, Ann addresses 2025’s buyback bonanza when a listener asks why a company would choose a buyback over sending back cash to shareholders through a dividend.   www.brewmarkets.com  Subscribe to the Brew Markets newsletter: https://www.morningbrew.com/brew-mark... Follow Brew Markets on social: Instagram: instagram.com/brewmarkets TikTok: tiktok.com/@brewmarkets X: x.com/brewmarkets Follow Ann Berry on social: Instagram: instagram.com/annberry_nyc X: x.com/AnnBerry_NYC Listen to Brew Markets Here: swap.fm/l/9Qk4z73Z2nEwFiCB4qee Watch Brew Markets Here:⁠ https://www.youtube.com/@BrewMarkets 00:00 Welcome to Brew Markets Daily 00:00 NEW AUTO FUEL STANDARDS 00:00 EARNINGS: $M $PSTG 00:00 QFA: Buybacks vs. Dividends 00:00 Market Close The content shared on this podcast is for informational and entertainment purposes only and should not be considered financial, legal, or investment advice. Brew Markets, Morning Brew and their hosts are not licensed financial advisors. Listeners should conduct their own research and consult with qualified professionals before making any financial decisions or investments. The views expressed are those of the hosts and guests and do not necessarily reflect the views of Morning Brew or its affiliates. This podcast may include paid endorsements or sponsorships Learn more about your ad choices. Visit megaphone.fm/adchoices