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

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Labor Market is on Fire, Americans Nervous About Banks, UK Economy-Saving Coronation

Labor Market is on Fire, Americans Nervous About Banks, UK Economy-Saving Coronation

Episode 53: Kelsey Sutton is here! Kelsey and Neal break down the latest jobs report which was stellar, and they explain why Americans are nervous about keeping their money in banks. The economy has never been more confusing. Plus, this week's earnings roundup and if King Charle's coronation will be good or bad for the British economy. And Snoop Dogg may be all in on the NHL while Ed Sheeran made music lawsuit history. Learn more about our sponsor, Fidelity: https://fidelity.com/stocksbytheslice Listen Here: https://link.chtbl.com/MBD Watch Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices

5 Maj 202328min

Fed Hikes Rates Despite Banking Woes, AirBnB Room Rentals & NY Out On Gas Stoves

Fed Hikes Rates Despite Banking Woes, AirBnB Room Rentals & NY Out On Gas Stoves

Episode 52: Neal and Toby discuss the Federal Reserves decision to raise interest rates by a quarter point and what it could mean for the future of the banking sector. Plus, AirBNB goes all-in on single room rentals and New York is out on gas stoves. Neal gets into the spirit of May the 4th with some Star Wars themed numbers and... astronomers saw a star swallow a planet? Learn more about our sponsor, Fidelity: https://fidelity.com/stocksbytheslice Listen Here: https://link.chtbl.com/MBD Watch Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices

4 Maj 202326min

Regional Bank Stocks in Free Fall, Hindenburg Targets Icahn & Pornhub Blocks Utah

Regional Bank Stocks in Free Fall, Hindenburg Targets Icahn & Pornhub Blocks Utah

Episode 52: Neal and Toby discuss the future of regional banks amidst the failure of First Republic and stock free fall of Western Alliance and PacWest. They also breakdown the Hindenburg report on Icahn Enterprises that erased a fifth of the company's value. Plus, why Pornhub blocked access to it's site in Utah and why the US Surgeon General is declaring loneliness the new epidemic. And finally, Forbes released the list of the highest paid athletes in 2023, why a surprising number of them have a connection with... the Middle East. Learn more about our sponsor, Fidelity: https://fidelity.com/stocksbytheslice Listen Here: https://link.chtbl.com/MBD Watch Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices

3 Maj 202327min

SpaceX Explosion Lawsuit, Hollywood Writers' Strike & 'Godfather of AI' Quits

SpaceX Explosion Lawsuit, Hollywood Writers' Strike & 'Godfather of AI' Quits

Episode 51: Neal and Toby discuss the impact the Hollywood writers strike will have on the movie, television and streaming industries. They also explain why environmental groups are suing the FAA over the failed SpaceX Starship launch. And why is the 'Godfather' of AI is leaving Google? Plus, the NYPD is telling people to put Apple AirTags in their cars... Good idea? Toby shares a new cinematic trend that may or may not be illegal and here's what Uber's lost and found looks like. Learn more about our sponsor, Fidelity: https://fidelity.com/stocksbytheslice Listen Here: https://link.chtbl.com/MBD Watch Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices

2 Maj 202326min

JPMorgan Buys First Republic Bank, What is Bluesky? & ChatGPT Negotiations

JPMorgan Buys First Republic Bank, What is Bluesky? & ChatGPT Negotiations

Episode 50: Neal and Toby dive into JPMorgan's acquisition of First Republic Bank and what it means for the banking crisis. Plus I bet you randomly heard about an app called Bluesky this weekend, but what is it and why is it feel kinda like Twitter? Meanwhile ChatGPT is invading the workplace from boosting employee productivity to even helping you negotiate salaries. And the Met Gala kicks off Monday night, the guys dig into the numbers into why this event could actually be big business. Finally its a huge week ahead with Apple earnings, the Fed's rate decision and even King Charles III's coronation. Learn more about our sponsor, Fidelity: https://fidelity.com/stocksbytheslice Listen Here: https://link.chtbl.com/MBD Watch Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices

1 Maj 202325min

Fastest Earnings Recap in Biz, GDP Slowdown & Jerry Springer Renaissance Man

Fastest Earnings Recap in Biz, GDP Slowdown & Jerry Springer Renaissance Man

Episode 49: Neal and Toby are looking to break their own world record for fastest earnings coverage. This time they're hitting Amazon all the way to Crocs. Also its a 'worst of both worlds' scenario as the US economy is seeing high inflation and a GDP slowdown. Meanwhile Eli Lilly is about to throw their hat in the highly coveted weight-loss drug ring and the guys breakdown why Chipotle is sizzling and First Republic Bank is fizzling. And finally they take a look back at a man that changed daytime TV forever, Jerry Springer. Learn more about our sponsor, Fidelity: https://fidelity.com/stocksbytheslice Listen Here: https://link.chtbl.com/MBD Watch Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices

28 Apr 202326min

AI Helps Meta Surge, Disney Sues DeSantis & Hawks Delay Janet Concert

AI Helps Meta Surge, Disney Sues DeSantis & Hawks Delay Janet Concert

Episode 48: Neal and Toby dive deep into Meta's strong sales quarter and break down why Zuck thinks AI deserves some of the credit. Meanwhile Disney is suing DeSantis claiming his political antics are bad for business. The guys also break down what Congress's latest bill means for the Debt Ceiling battle with President Biden and why you can finally iMessage from your PC! Plus Neal dazzles us with his crazy stats and why Janet Jackson may be beefing with Trae Young. Learn more about our sponsor, Fidelity: https://fidelity.com/stocksbytheslice Listen Here: https://link.chtbl.com/MBD Watch Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices

27 Apr 202327min

Need to Know Earnings Roundup & UK blocks $69B Microsoft-Activision Deal

Need to Know Earnings Roundup & UK blocks $69B Microsoft-Activision Deal

Episode 47: Neal and Toby rip through a huge week so far in earnings reports. Microsoft, Alphabet, McDonalds, Spotify; who isn't reporting? They share their biggest takeaways and what it could mean for you. Plus the UK blocked the $75 billion deal between Microsoft and Activision Blizzard. Also why Millennials are just too tired to get into the stock market before it bounces back. And gone are the days of free labor - we wrap up with the highest paying internships of 2023. Learn more about our sponsor, Fidelity: https://fidelity.com/stocksbytheslice Listen Here: https://link.chtbl.com/MBD Watch Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices

26 Apr 202325min

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