BofA Spends Big on GLP-1s & AI Invents a Virus Not Found in Nature For First Time

BofA Spends Big on GLP-1s & AI Invents a Virus Not Found in Nature For First Time

#906: Bank of America is spending $250M a year on GLP-1 weight loss drugs for its employees. SpaceX's first post-IPO lockup expired Thursday after releasing 912 million restricted shares into the public market. A group of 20 undergraduate students at Indiana University's Kelley School of Business manages a $12 million private real estate investment fund, and AI creates its first synthetic virus. Submit your password guess! https://forms.gle/4EdBi3X8N4eMnBd56 Come to our August trivia! https://mbdtrivianight-august2026.splashthat.com/ Grab tickets to our Performance Revue show! https://www.morningbrew.com/events/brew-performance-revue-2026?utm_campaign=performance_revue_2026&utm_source=mbd Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. Listen to Morning Brew Daily Here:⁠ ⁠⁠https://www.swap.fm/l/mbd-note⁠⁠⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

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Jaksot(908)

Saudi Arabia Takes Over EA & Scientists Create The First Allergy-Proof Dog

Saudi Arabia Takes Over EA & Scientists Create The First Allergy-Proof Dog

EA misses quarterly bookings estimates ahead of Saudi-backed buyout. Disney agrees to let TikTokers use its characters in videos, and gene-edited puppies will melt your heart... but won’t give you all...

6 Elo 32min

SpaceX’s AI Spending Rattles Investors & Influencers Blasted for Attending OpenAI’s Summer Camp

SpaceX’s AI Spending Rattles Investors & Influencers Blasted for Attending OpenAI’s Summer Camp

#904: SpaceX reports its first-ever earnings and logs a revenue boost but even bigger capex spending, leaving investors worried. An influencer summer camp hosted by OpenAI is met with furious backlash...

5 Elo 33min

US-Japan Team Up to Save the Yen & The Hugo Spritz, the New Drink of the Summer?

US-Japan Team Up to Save the Yen & The Hugo Spritz, the New Drink of the Summer?

#903: The US and Japan work together to save the declining yen. Rumors of an AstraZeneca-Bristol Myers merger has analysts scratching their heads. People are making wildfire bets on prediction markets...

4 Elo 31min

Sam Altman Roasted for “ChatGPT Parenting” & Spider-Man Scores 2nd Best Opening Ever

Sam Altman Roasted for “ChatGPT Parenting” & Spider-Man Scores 2nd Best Opening Ever

#902: Sam Altman gets roasted on the internet for making a case to use ChatGPT for parenting. “Spider-Man: Brand New Day” opens with a whopping $355 million for its premier weekend. Oil companies repo...

3 Elo 27min

25-Year Old AI Hedge Fund Prodigy Wiped Out & Jersey Mike’s Goes Public

25-Year Old AI Hedge Fund Prodigy Wiped Out & Jersey Mike’s Goes Public

#901: The US economy grew more slowly in Q2 as the Iran war weighed on prices and supply chains. AI investor Leopold Aschenbrenner seeks new funding after massive losses. Jersey Mike’s raises $1 billi...

31 Heinä 31min

Investors Question Kevin Warsh’s Credibility & People Are Talking Less?

Investors Question Kevin Warsh’s Credibility & People Are Talking Less?

#900: A divided Fed holds interest rates but three members wanted to hike it up. Meta shares dip after reporting an earnings miss as it keeps spending money on data centers. Microsoft beat expectation...

30 Heinä 29min

FIFA Draws Backlash for “Selling Soul of Football” & Apple Wants You to Lease Your iPhone

FIFA Draws Backlash for “Selling Soul of Football” & Apple Wants You to Lease Your iPhone

#899: FIFA president Gianni Infantino plans to sell stake in the World Cup and its governing body hates it. Apple wants you to upgrade your iPhone with the option to lease. JPMorgan and Ohio State ink...

29 Heinä 30min

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