OpenAI Raises Record-Breaking $6.6B & Jeep Sales Are Plummeting

OpenAI Raises Record-Breaking $6.6B & Jeep Sales Are Plummeting

Episode 423: Toby and Kyle discuss OpenAI’s massive $6.6B funding round, which makes it the largest VC deal of all-time. Then, Chrysler and Jeep owner Stellantis posts weak sales that is not only upsetting shareholders but car dealers who’ve been holding its cars that no one is buying. Plus, Michael Jordan is taking on NASCAR with an antitrust lawsuit alleging the car league is making sure it stays dominant. Meanwhile, Toby will be sharing numbers on nonalcoholic champagne and politicians love their steak. Kyle shares numbers behind the partnership between SpongeBob and Wendy's. Lastly, Target launches innovative shoes that grow with your feet, 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. To learn more about how Wise could work for your business, visit https://wise.com/business/ 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 - Mean Girls Day 02:45 - OpenAI Fundraising 07:30 - Stellantis Struggles 10:50 - MJ vs Nascar 15:30 - Toby’s Tallies 21:40 - Kyle’s Kalculations 24:10 - Expanding Shoes Learn more about your ad choices. Visit megaphone.fm/adchoices

Episoder(827)

Walmart Cashes In on Affordability Crisis & Critics Warn Against AI Toys

Walmart Cashes In on Affordability Crisis & Critics Warn Against AI Toys

Episode 719: Neal and Toby talk about the latest jobs report…that reports September numbers? That’s because of the government shutdown. And it’s a mixed bag, of course. Then, Walmart, America’s larges...

21 Nov 202526min

Nvidia Calms AI Bubble Fears & Target Nearing Rock Bottom?

Nvidia Calms AI Bubble Fears & Target Nearing Rock Bottom?

Episode 718: Neal and Toby dive into Nvidia’s Q3 earnings that topped expectations while CEO Jensen Huang reiterated his confidence in AI. Then, Target reports another stinker of a quarter causing man...

20 Nov 202528min

Meta Ruled Not a Monopoly & “Baby Shark” Company Goes Public

Meta Ruled Not a Monopoly & “Baby Shark” Company Goes Public

Episode 717: Neal and Toby discuss Mark Zuckerberg’s big win against the government as a federal judge says Meta does not hold monopoly power in today’s social media landscape. A big loss for the FTC....

19 Nov 202528min

Unpopular Jobs Are Becoming Desirable & Communal Dining Makes a Comeback

Unpopular Jobs Are Becoming Desirable & Communal Dining Makes a Comeback

Episode 716: Neal and Toby chat about bitcoin’s price dropping to its lowest level in six months, stirring fears across Wall Street. Then, a struggling labor market means job seekers are forced to tak...

18 Nov 202526min

Trump Reduces Beef and Coffee Tariffs & Hollywood Stars Aren’t Bankable Anymore?

Trump Reduces Beef and Coffee Tariffs & Hollywood Stars Aren’t Bankable Anymore?

Episode 715: Neal and Toby discuss Trump’s tariff rollback on beef, coffee, and other food goods to address rising price concerns from the American people. Next, Hollywood is struggling to make hits a...

17 Nov 202526min

‘Big Short’ Investor Calls it Quits & Cannabis Products Up in Smoke?

‘Big Short’ Investor Calls it Quits & Cannabis Products Up in Smoke?

Episode 714: Toby and Ann chat about Michael Burry, famed ‘Big Short’ investor, who has been public about the resemblance between the housing bubble of 2008 and the AI boom of today. Then, congress wa...

14 Nov 202528min

Winners and Losers of Shutdown Ending & Last-Ever Penny Minted

Winners and Losers of Shutdown Ending & Last-Ever Penny Minted

Episode 713: Toby and Ann dive into the ending of the longest government shutdown in US history. But while federal workers and programs start up again, the ripple effects of its impacts may be far-rea...

13 Nov 202529min

SoftBank Dumps Nvidia for OpenAI & Reward Cards No Longer Accepted?

SoftBank Dumps Nvidia for OpenAI & Reward Cards No Longer Accepted?

Episode 712: Toby and Kyle dive into SoftBanks big move to sell its stake in Nvidia to re-focus its investment to OpenAI. Then, Visa and Mastercard reach a settlement over a 20-year dispute with merch...

12 Nov 202527min

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