The K-Shaped Housing Market: Luxury Soars While the Middle Stalls

Episode 295: Today, John and Emily break down the state of the U.S. housing market and why luxury homes are booming while the starter and middle markets are stalling. Then, we dive into Hasbro's earnings, the magic behind one of its biggest assets, and why the toy giant is leaving Rhode Island after more than a century. We also unpack 3M's earnings and its expanded data center partnership with Amazon. Plus, we round up the latest market headlines, including MSG Sport's upcoming split, Best Buy's push into gaming, Amazon's holiday hiring spree, Salesforce's acquisition of Braze and why shares of South Korea's Elice Group plunged in their market debut. Join us at the Unshaken Investor Event! Get your tickets here https://www.brewmarkets.com/events/the-unshaken-investor CHAPTERS: 00:00 Housing Market Dichotomy 06:21 Visit Schwab.com/FinancialDecoder 07:03 Hasbro's Magic Asset 14:05 Join Brew Markets at the Unshaken Investor Event 15:08 3M: From Post-It Notes to AI 18:32 Market Close 🌐 https://www.brewmarkets.com 💸 Subscribe to the Brew Markets newsletter: https://www.morningbrew.com/brew-markets/subscribe?utm_campaign=evergreen&utm_medium=youtube&utm_source=bm 🔗 Follow Brew Markets on social: Instagram: https://www.instagram.com/brewmarkets TikTok: https://www.tiktok.com/@brewmarkets X: https://www.x.com/brewmarkets Production by John Crotteau, Tariq Abdellatif, Avani Laroia and Emily Milliron. The content in this video is accurate as of the posting date. Reruns may feature on-screen sponsorships from prior broadcasts. 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.