FICO Stock Plunges 27% as Its Mortgage Monopoly Ends | Explained

Episode 280: Today, John and Emily explore why shares in FICO plummeted today as the near-monopoly credit score company gets more direct competition. Then we discuss Oura Ring putting its planned IPO on ice… and the details coming out from Anthropic’s IPO prospectus. Later: does Netflix have an engagement problem? Finally, we dig into earnings results from CarMax and Carnival Cruise Lines… turns out the American vacation is sacrosanct! CHAPTERS: 00:00 FICO's New Competition 04:02 Visit Schwab.com/FinancialDecoder 04:45 Oura Postpones IPO 10:18 Netflix's "Worrying" Engagement Trends 16:08 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 Brew Markets Daily is hosted by Hanna Horvath and Dylan Lewis. 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.