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

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Investors Flee Tech for IRL Stocks & Trump Touts Economy in SOTU Address

Investors Flee Tech for IRL Stocks & Trump Touts Economy in SOTU Address

Episode 787: Neal and Toby recap the biggest news from President Trump’s State of the Union address. Then, the recent fears of AI, causing widespread selloffs, has been a boon for utility or energy st...

25 Feb 30min

Fictional Story Tanks Stock Market & The iPod Making a Comeback?

Fictional Story Tanks Stock Market & The iPod Making a Comeback?

Episode 786: Neal and Toby chat about the software stock wipeout after a report from Citrini Research said AI could be detrimental to the economy. Then, Anthropic CEO Dario Amodei will meet with Defen...

24 Feb 30min

SCOTUS Shuts Down Trump’s Tariffs & TSA PreCheck Pause Causes Confusion

SCOTUS Shuts Down Trump’s Tariffs & TSA PreCheck Pause Causes Confusion

Episode 785: Neal and Toby discuss the Supreme Court’s ruling to deem Trump’s tariffs as illegal and the potential fallout for the federal government and US companies. Then, the DHS suspended TSA PreC...

23 Feb 30min

Tariffs Ineffective Against US Trade Deficit? & Family Feud Over Reese’s Recipe

Tariffs Ineffective Against US Trade Deficit? & Family Feud Over Reese’s Recipe

Episode 784: Neal and Toby discuss the swelling trade deficit despite Trump’s aggressive tariffs. Then, the grandson of the Reese’s Peanut Butter Cup inventor is publicly criticizing Hershey’s for ski...

20 Feb 28min

Zuckerberg Answers if Social Media is Addictive & The Rich Are Having More Babies Again

Zuckerberg Answers if Social Media is Addictive & The Rich Are Having More Babies Again

Episode 783: Neal and Toby recap Mark Zuckerberg’s testimony in the landmark trial on social media addiction. Then, a debate arises between state law and federal law on the allowance of prediction mar...

19 Feb 27min

Rent Control Fever Catches Boston & Tide Unveils Most Unappetizing Detergent

Rent Control Fever Catches Boston & Tide Unveils Most Unappetizing Detergent

Episode 782: Neal and Toby discuss a potential pivotal ballot measure in Massachusetts where a proposed rent control bill has the state’s top Democrats divided on the issue. Then, remote work isn’t ju...

18 Feb 27min

AI is Driving a Memory Shortage & Detroit Wants to Revive the Sedan

AI is Driving a Memory Shortage & Detroit Wants to Revive the Sedan

Episode 781: Neal and Toby chat about the growing concern of a memory chip shortage in the wake of the AI boom. Then, ByteDance’s AI video generator is so good that it’s caused multiple studios to sen...

17 Feb 29min

Are You Smarter Than Morning Brew?

Are You Smarter Than Morning Brew?

Episode 780: It’s another edition of MBD’s Trivia Game Show! Neal and Toby quiz Dan Toomey, the host of Good Work; Megan Baniewicz, from Morning Brew’s social team; and Molly Liebergall, writer of the...

16 Feb 46min

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