What Biden Dropping Out Means for Markets & The IT Outage That Halted Almost Everything
Morning Brew Daily22 Juli 2024

What Biden Dropping Out Means for Markets & The IT Outage That Halted Almost Everything

Episode 370: Neal and Toby discuss Joe Biden dropping out of the 2024 Presidential race and throwing his support behind VP Kamala Harris. The guys explain how this will impact markets, fundraising, and the significance of Biden releasing the statement on 'X' before anywhere else. Next, the biggest global IT outage ever happened over the weekend after an update from CrowdStrike went wrong and took out airlines, banks, 9-1-1 call centers and much more. Also, 'Twisters' raked it in at the box office and Bruce Springsteen is officially a billionaire. Then a Chinese company is creating AI Avatars to mimic deceased loved ones. And finally, what we are watching for this week. Checkout https://beehiiv.link/morning-brew-daily and get a 30 day free trial and also 20% off 3 months with code BREW 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 - Intro 02:50 - Joe Biden drops out 08:30 - Global IT Outage 14:30 - Winners of the weekend 21:00 - AI Avatars 24:00 Week ahead Learn more about your ad choices. Visit megaphone.fm/adchoices

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US Soldier Caught Betting in Maduro Raid & Marijuana Reclassified as Less Dangerous

US Soldier Caught Betting in Maduro Raid & Marijuana Reclassified as Less Dangerous

Episode 831: Neal and Toby talk about a US soldier who was involved in the capture of Nicolás Maduro arrested for placing Polymarket wagers on the raid itself. Then, US reclassifying state-licensed ma...

24 Apr 27min

Meta Surveils Employees to Train its AI & What Happens When You Give Cocaine to Salmon?

Meta Surveils Employees to Train its AI & What Happens When You Give Cocaine to Salmon?

Episode 830: Neal and Toby chat about Meta’s plans to track employee mouse movements and keystrokes to help train its AI models. Next, Anthropic’s all new powerful Mythos model has some unwelcomed use...

23 Apr 28min

Fed Nom Kevin Warsh Faces Congressional Heat & Trump Wants to Save Spirit Air

Fed Nom Kevin Warsh Faces Congressional Heat & Trump Wants to Save Spirit Air

Episode 829: Neal and Toby recap the latest of Kevin Warsh’s confirmation hearing as he’s slated to become the next Fed Chair. Then, Trump thinks Spirit Airlines should be saved from bankruptcy. Over ...

22 Apr 28min

The Tim Cook Era is Ending & Pancreatic Cancer Breakthrough?

The Tim Cook Era is Ending & Pancreatic Cancer Breakthrough?

Episode 828: Neal and Toby discuss the ending of the Tim Cook era as Apple names their next CEO, John Ternus. Next, a breakthrough out of the science world where an mRNA vaccine given to patients with...

21 Apr 27min

US Launches Tariff Refund Website & Robots Outrun Humans in Half-Marathon

US Launches Tariff Refund Website & Robots Outrun Humans in Half-Marathon

Episode 827: Neal and Toby preview the tariff-refund portal website that is supposed to launch where thousands of business owners recoup their part of the $166B estimated in refunds. Next, Iran closes...

20 Apr 27min

NYC’s Second Home Tax Picks Up Steam & Is LIV Golf About to Collapse?

NYC’s Second Home Tax Picks Up Steam & Is LIV Golf About to Collapse?

Episode 826: Neal and Toby discuss New York’s proposed pied-à-terre tax on second homes valued at $5 million or more in its latest push to ‘tax the rich.’ Next, Yale University released a report on it...

17 Apr 30min

Wait, Allbirds is Pivoting to AI? & Jury Calls Live Nation a Monopoly

Wait, Allbirds is Pivoting to AI? & Jury Calls Live Nation a Monopoly

Episode 825: Neal and Toby chat about Allbirds drastic shift from footwear to AI computing because…why not. Then, the World Cup is making its way to the Tri-State area and reports of train fares skyro...

16 Apr 27min

Taxpayers Skirt a Gutted IRS & United Eyes an American Airlines Takeover

Taxpayers Skirt a Gutted IRS & United Eyes an American Airlines Takeover

Episode 824: It’s Tax Day! Neal and Toby talk about the IRS losing its auditing powers, which has led to taxpayers looking to cheat the system. Then, JPMorgan has a strong showing for its Q1 earnings ...

15 Apr 27min

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