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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Americans are Ditching Summer Travel Plans & Iran Sets Up Tollbooth for Strait of Hormuz

Americans are Ditching Summer Travel Plans & Iran Sets Up Tollbooth for Strait of Hormuz

Episode 814: Neal and Toby dive into Americans rethinking their Summer travel plans as the conflict in the Middle East pushes up costs. Then, Iran sets up a tollbooth at the Strait of Hormuz and its u...

3 Apr 30min

SpaceX Files for Blockbuster IPO & Nike Can’t Fix its Problems

SpaceX Files for Blockbuster IPO & Nike Can’t Fix its Problems

Episode 813: Neal and Toby chat about SpaceX filing to go public, which could set up to be a huge IPO. Then, Anthropic accidentally leaks its source code from Claude. Plus, Nike shares take a tumble a...

2 Apr 29min

We’re Going Back to the Moon & TMZ Exposes Vacationing Politicians

We’re Going Back to the Moon & TMZ Exposes Vacationing Politicians

Episode 812: Neal and Toby preview NASA’s Artemis 2 mission to send astronauts to the moon, which it hasn’t done in over 50 years. Then, Unilever is merging its food business with spice giant McCormic...

1 Apr 30min

Private Equity Weasels Into Your 401(k)? & Coal is Making a Comeback

Private Equity Weasels Into Your 401(k)? & Coal is Making a Comeback

Episode 811: Neal and Toby discuss a new proposal from the Labor Department to allow 401(k) plans to include private credit, private equity, and crypto. Then, the Iran War is fueling a coal comeback. ...

31 Mars 29min

Investors Lose Patience with Iran War & TSA Workers Finally Get Paid

Investors Lose Patience with Iran War & TSA Workers Finally Get Paid

Episode 810: Neal and Toby recap the stock market rout as investors lose patience with the Iran War. Then, a record number of TSA employees called out last Friday as Trump ordered DHS to restore pay. ...

30 Mars 29min

Congress Wants to Ban Prediction Markets & Clear Scores from TSA Chaos

Congress Wants to Ban Prediction Markets & Clear Scores from TSA Chaos

Episode 809: Neal and Toby talk about the new Senate bill that proposes a sweeping ban of prediction markets on sports, politics, and the military. Then, some major US metros such as LA and Miami are ...

27 Mars 29min

Meta, Google Lose Social Media Addiction Trial & NASA’s $20B Moon Base

Meta, Google Lose Social Media Addiction Trial & NASA’s $20B Moon Base

Episode 808: Neal and Toby cover the verdict that came down on Meta and Google, with a jury finding the companies liable for putting out addictive features that cause harm to teens. Then, the global s...

26 Mars 28min

OpenAI Shuts Down Sora & United Wants More Premium Seating

OpenAI Shuts Down Sora & United Wants More Premium Seating

Episode 807: Neal and Toby explain why OpenAI is shutting down Sora as the company tries to reel in costs. Then, United wants more premium seating and antimatter is transported for the first time. Nex...

25 Mars 27min

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