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(826)

Mass Layoffs Hit Corporate America & Musk’s Grokipedia vs. Wikipedia

Mass Layoffs Hit Corporate America & Musk’s Grokipedia vs. Wikipedia

Episode 702: Neal and Toby discuss the wave of layoffs sweeping across companies in different industries as a result of AI and mergers. Then, Microsoft and OpenAI reach a new deal that enables a for-p...

29 Okt 202529min

Govt. Shutdown Threatens Food Stamps & AI Giving Performance Reviews?

Govt. Shutdown Threatens Food Stamps & AI Giving Performance Reviews?

Episode 701: Neal and Toby give an update on the government shutdown approaching its 28th day, which now threatens funding SNAP benefits that millions of Americans rely on. Plus, airport delays contin...

28 Okt 202527min

Trump Raises Tariffs On Canada Over Ad Spat & Nike Wants Motorized Walking

Trump Raises Tariffs On Canada Over Ad Spat & Nike Wants Motorized Walking

Episode 700: Neal and Toby talk about Trump’s tariff retaliation on Canada after it aired a misleading ad on TV. Then, Argentina’s Javier Milei’s free-market revolution hangs in the balance of the cou...

27 Okt 202527min

Gambling Scandal Rocks the NBA & Oil Jumps After US Sanctions Russia

Gambling Scandal Rocks the NBA & Oil Jumps After US Sanctions Russia

Episode 699: Neal and Toby unpack the gambling scandal that’s led to the arrests of Chauncey Billups and Terry Rozier, which also involves an organized crime family. Then, the US just placed sanctions...

24 Okt 202529min

Kalshi is Scaring DraftKings & How Do You Sell $102M of Louvre Loot?

Kalshi is Scaring DraftKings & How Do You Sell $102M of Louvre Loot?

Episode 698: Neal and Toby dive into why prediction markets are making their way into the sports-betting industry. Then, Meta thinks doing less is more to stay in the AI arms race by…cutting AI staff?...

23 Okt 202531min

Warner Bros. Discovery Is Up for Sale & Beyond Meat Meme Stock Moment?

Warner Bros. Discovery Is Up for Sale & Beyond Meat Meme Stock Moment?

Episode 697: Neal and Toby discuss Warner Bros. Discovery opening itself up for sale after getting a lot of interest. Then, leaked documents show Amazon is planning on going all-in on robotics to repl...

22 Okt 202531min

Amazon Outage Knocks Out the Internet & The iPhone 17 is Saving Apple

Amazon Outage Knocks Out the Internet & The iPhone 17 is Saving Apple

Episode 696: Neal and Toby talk about the outage of Amazon Web Services that knocked out basically half of the internet. Then, the iPhone 17 has seemingly been the key to Apple’s comeback as sales hav...

21 Okt 202527min

JPMorgan’s $3B Temple of Work & The Louvre Looted in Broad Daylight

JPMorgan’s $3B Temple of Work & The Louvre Looted in Broad Daylight

Episode 695: Neal and Toby discuss JPMorgan’s latest $3B crown jewel that towers over Manhattan, hoping to coax its workforce back in the office 5x/week. Speaking crown jewels…the Louvre museum became...

20 Okt 202528min

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