The DOJ Goes After Nvidia? & $14B US Steel Deal Could Collapse

The DOJ Goes After Nvidia? & $14B US Steel Deal Could Collapse

Episode 403: Neal and Toby discuss the US government potentially blocking Japanese steel company Nippon from acquiring US Steel, who is in desperate need of a bail out as it nears moving its Pennsylvania plant and letting workers go. Then, Nvidia has been dominating the AI industry so much that it’s caught the attention of the DOJ, which has them thinking maybe…there might be some monopolistic malfeasance at-play. Uh oh. Also, Topgolf, the once popular casual golfing venue, is splitting away from Callaway after slumping sales in the last fore! quarters. Meanwhile, Neal shares his favorite numbers from ‘Game of Thrones,’ Caltech’s STEM program, and the US Open. Lastly, the J.Crew catalog is back, baby. 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 - Intro 01:00 - The new 9-5 03:35 - US Steel Merger in Peril 07:30 - Nvidia vs DOJ 12:30 - Callaway splitting from TopGolf 16:30 - Neal’s Numbers 23:15 - J. Crew Catalog is back Learn more about your ad choices. Visit megaphone.fm/adchoices

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FAA Wants AI to Fix Flight Chaos & TV Networks Battle Trump’s Media Ban

FAA Wants AI to Fix Flight Chaos & TV Networks Battle Trump’s Media Ban

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Hollywood’s Tech Founder Villain Era & Meta’s Muse Soars to Top of App Store

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21 Sep 29min

Would You Only Eat “Made in USA” Beef? & Being a Bridesmaid is Becoming Too Costly

Would You Only Eat “Made in USA” Beef? & Being a Bridesmaid is Becoming Too Costly

#936: As the Trump administration tries to alleviate beef prices by importing foreign meat, they’re considering slapping ‘Made in USA’ labels on products. Cybersecurity stocks get a jolt amid fears of...

18 Sep 31min

Fed Raises Rates for the First Time in 3yrs & What Happened to Ed Sheeran’s Tour

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#935: The Fed raises rates for the first time in 3 years to fight inflation. Household incomes have reached a new high and poverty hits a new low, even as Americans are feeling the affordability pinch...

17 Sep 34min

Canada Wants to Link Up with the EU & America Reveals its Space Weapon

Canada Wants to Link Up with the EU & America Reveals its Space Weapon

#934: Canadian PM Mark Carney seeks a special relationship with the EU as it shuns the US, according to reports. Despite numerous proposals, Congress can’t agree on any substantial AI regulation. The ...

16 Sep 34min

EPA Lifts Emissions Limits on Power Plants & Hyrox Finds Itself in a Stinky Situation

EPA Lifts Emissions Limits on Power Plants & Hyrox Finds Itself in a Stinky Situation

#933: The EPA removes a rule that limits planet-warming greenhouse gas emissions by power plants. AI stocks are feeling the effects of leaders uniting and calling for the slowdown of AI progress. Ten-...

15 Sep 31min

AI Leaders Agree to Slow Things Down & Tesla Makes a Surprising Comeback

AI Leaders Agree to Slow Things Down & Tesla Makes a Surprising Comeback

#932: Anthropic’s Dario Amodei and OpenAI’s Sam Altman agree on the need to slow AI’s development. Drone attacks in the Middle East caused Saudi Arabia to shut down the East-West oil pipeline. Tesla r...

14 Sep 29min

Will AI Actually Kill Us All? & It’s True–Online Returns Are Getting Harder

Will AI Actually Kill Us All? & It’s True–Online Returns Are Getting Harder

#931: Anthropic researchers believe AI has a real chance of “killing all humans,” and the world is (deservedly) freaking out. Oil prices surge past $100 a barrel and it’s shaking the bond markets. Com...

11 Sep 32min

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