Wall Street Battles Banker Burnout & Is OpenAI Really Worth $150B?

Wall Street Battles Banker Burnout & Is OpenAI Really Worth $150B?

Episode 409: Neal and Toby discuss Bank of America's and JPMorgan’s latest efforts to curb young bankers’ hours after increased scrutiny of Wall Street’s history of burnout. Then, Boeing’s new CEO Kelly Ortberg is begging its union to accept a deal to avoid a potentially catastrophic strike for the embattled company. Plus, OpenAI is looking to raise another $6.5B to bring its valuation to a whopping $150B as it launches a new model that is better at “reasoning.” Next, the once sought after gaming industry has faced a tough string of layoffs that is making it lose its luster. Meanwhile, Apple wants to tap into the health industry, starting with its AirPods that now be used as a hearing aid. Lastly, ever wonder what the National Security Agency is up to? Now the confidential agency is airing out all its dirty laundry with the launch of its own podcast. Juicy. 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. Visit https://www.massmutual.com/ for all your financial planning needs Get your Morning Brew Daily T-Shirt HERE: https://shop.morningbrew.com/products/morning-brew-radio-t-shirt?_pos=1&_sid=6b0bc409d&_ss=r&variant=45353879044316 Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow 00:00 - Friday the 13th 02:30 - Bankers Hours Capped 07:15 - Boeing Strike 10:30 - OpenAI $150B Valuation 16:20 - Gaming Industry Layoffs 20:05 - AirPods as Hearing Aids 23:15 - The NSA Launches a Podcast Learn more about your ad choices. Visit megaphone.fm/adchoices

Episoder(828)

French retirement protests, Youtube TV $$$ Increase, Octopus Farm Outcry

French retirement protests, Youtube TV $$$ Increase, Octopus Farm Outcry

Episode 19: Marketing Brew senior reporter Kelsey Sutton is in for Toby! Kelsey and Neal discuss the protests in France over President Macron's efforts to raise the retirement age and take a look at w...

17 Mar 202327min

Credit Suisse Rebounds, Ryan Reynolds is super rich & TikTok Sale?

Credit Suisse Rebounds, Ryan Reynolds is super rich & TikTok Sale?

Episode 18: Neal and Toby break down why Credit Suisse is on the rebound. They also discuss why the U.S. is advocating for the sale of TikTok and why Ryan Reynolds is one of the most successful celebr...

16 Mar 202327min

OpenAI can take your SATs, Meta Layoffs, Boneless Wing Controversy

OpenAI can take your SATs, Meta Layoffs, Boneless Wing Controversy

Episode 17: Neal and Toby explain why ChatGPT may soon be a better test-taker than the average human. Also Meta is laying off another 10,000 people - how did they get there? Plus the latest on the SVB...

15 Mar 202325min

SVB & the future of Crypto, Biden approves Alaska drilling, Meta out on NFTs

SVB & the future of Crypto, Biden approves Alaska drilling, Meta out on NFTs

Episode 16: Neal and Toby explain how the Silicon Valley Bank disaster is impacting regional banks, and what it could mean for the future of Crypto. Plus, President Biden approves a controversial Alas...

14 Mar 202326min

The Silicon Valley Bank implosion and what's next for you & investors

The Silicon Valley Bank implosion and what's next for you & investors

Episode 15: Neal and Toby take a deep dive into what happened with Silicon Valley Bank over the weekend. They dissect the timeline, the discourse around it and what this could mean for the future of t...

13 Mar 202324min

Banks losing billions, Biden's budget and Czech Baseball Team side hustles

Banks losing billions, Biden's budget and Czech Baseball Team side hustles

Episode 14: Neal and Toby explain why banks are losing billions after the stumble of SVB financial group. They also take a look at President Biden's budget proposal and what it could mean for the weal...

10 Mar 202325min

Yeezy's push Adidas losses, Betting on the WWE?, LA Clippers love toilets

Yeezy's push Adidas losses, Betting on the WWE?, LA Clippers love toilets

Episode 13: Neal and Toby take a look at why Adidas is warning of their first annual loss in over 30 years after their billion dollar fallout with Yeezy. They also discuss why the WWE is looking to le...

9 Mar 202326min

Mexican Medical Tourism, DOJ vs JetBlue & Spirit, ChatGPT meets Slack

Mexican Medical Tourism, DOJ vs JetBlue & Spirit, ChatGPT meets Slack

Episode 12: Neal and Toby take a look at the economics behind Mexican medical tourism after two Americans were killed in a Cartel mix up after traveling to the country for a plastic surgery procedure....

8 Mar 202327min

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