The Fed Slashes Rates Again & Big Tech’s Endless AI Spending

Episode 703: Neal and Toby recap big tech earnings coming from Meta, Microsoft, and Alphabet. Then, the Fed makes its 2nd rate cut for the year as well as ending the effort to reduce its balance sheet, all while acknowledging the data blackout from the government shutdown. Also, ‘A House of Dynamite’ might have just made a big boom…but in the wrong place as the Pentagon vehemently rejects how the US missile defense system is portrayed. Next, Neal shares his favorite numbers on the fried chicken wars, animal actors, and PTO.  Learn more at disneycampaignmanager.com  Can you climb the MBD Ladder? https://forms.gle/VQEAuctf696J9uzn9 Get your MBD live show tickets here! https://www.tinyurl.com/MBD-HOLIDAY  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. Listen to Morning Brew Daily Here:⁠ ⁠⁠https://www.swap.fm/l/mbd-note⁠⁠⁠  Watch Morning Brew Daily Here:⁠ ⁠⁠https://www.youtube.com/@MorningBrewDailyShow⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

Episode 702: Neal and Toby discuss the wave of layoffs sweeping across companies in different industries as a result of AI and mergers. Then, Microsoft and OpenAI reach a new deal that enables a for-profit structure for the ChatGPT-maker. Also, Elon Musk launches Grokipedia, the AI-powered encyclopedia that will compete with Wikipedia. Meanwhile, Bill Gates says it’s time to adopt a more “measured tone” when it comes to addressing climate change. Finally, an update on Hurricane Melissa as it makes landfall in Jamaica. Learn more at disneycampaignmanager.com  Can you climb the MBD Ladder? https://forms.gle/VQEAuctf696J9uzn9 Get your MBD live show tickets here! https://www.tinyurl.com/MBD-HOLIDAY  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. Listen to Morning Brew Daily Here:⁠ ⁠⁠https://www.swap.fm/l/mbd-note⁠⁠⁠  Watch Morning Brew Daily Here:⁠ ⁠⁠https://www.youtube.com/@MorningBrewDailyShow⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

Episode 701: Neal and Toby give an update on the government shutdown approaching its 28th day, which now threatens funding SNAP benefits that millions of Americans rely on. Plus, airport delays continue to plague the country. Then, a surge of AI usage in the workplace is leading to some misuse and reporting scams. Also, Qualcomm brings new chips for AI data centers and Wall Street is loving it. Meanwhile, Toby investigates the trend of Halloween candy that’s becoming less chocolate-y and more expensive. Finally, the world’s oldest president is elected.  0:00 - It was good day on Wall Street 2:30 - Effects of lingering shutdown 8:30 - Fake AI receipts 13:30 - Qualcomm gets into AI game 19:00 - Toby’s trends: Halloween candy 22:30 - Sprint Finish! Learn more at disneycampaignmanager.com  Can you climb the MBD Ladder? https://forms.gle/VQEAuctf696J9uzn9 Get your MBD live show tickets here! https://www.tinyurl.com/MBD-HOLIDAY  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. Listen to Morning Brew Daily Here:⁠ ⁠⁠https://www.swap.fm/l/mbd-note⁠⁠⁠  Watch Morning Brew Daily Here:⁠ ⁠⁠https://www.youtube.com/@MorningBrewDailyShow⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

Episode 700: Neal and Toby talk about Trump’s tariff retaliation on Canada after it aired a misleading ad on TV. Then, Argentina’s Javier Milei’s free-market revolution hangs in the balance of the country’s elections. Also, a restaurant’s take on New York-style bagels may have upset bagel purists but it’s catching the attention of investors as it hopes to expand nationwide. Meanwhile, Nike unveils a new project to bring a new meaning of ‘power walk’ to the average commuter. Finally, what you need to know in the week ahead.  Learn more at disneycampaignmanager.com  Can you climb the MBD Ladder? https://forms.gle/VQEAuctf696J9uzn9 Get your MBD live show tickets here! https://www.tinyurl.com/MBD-HOLIDAY  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. Listen to Morning Brew Daily Here:⁠ ⁠⁠https://www.swap.fm/l/mbd-note⁠⁠⁠  Watch Morning Brew Daily Here:⁠ ⁠⁠https://www.youtube.com/@MorningBrewDailyShow⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

Episode 699: Neal and Toby unpack the gambling scandal that’s led to the arrests of Chauncey Billups and Terry Rozier, which also involves an organized crime family. Then, the US just placed sanctions on two Russian oil producers, further putting pressure on Putin. Also, Trump pardons convicted Binance founder Changpeng Zhao, who pleaded guilty for money laundering in 2023. Meanwhile, the Korean skin care industry gets a boost from a Kardashian. And Google takes another quantum leap towards…quantum computing. Finally, Wall Street starves for the CPI report and Stranger Things finale will be 2 hours. 00:00 - Bye, Clippy. Hi, Mico 3:30 - Gambling scheme shakes NBA 8:45 - US sanctions Russian oil 12:20 - Binance founder gets pardoned 17:30 - Quantum computing power’d 20:15 - Korean skincare boomin’ 24:30 - Sprint Finish! Learn more at disneycampaignmanager.com  Get your MBD live show tickets here! https://www.tinyurl.com/MBD-HOLIDAY  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. Listen to Morning Brew Daily Here:⁠ ⁠⁠https://www.swap.fm/l/mbd-note⁠⁠⁠  Watch Morning Brew Daily Here:⁠ ⁠⁠https://www.youtube.com/@MorningBrewDailyShow⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

Episode 698: Neal and Toby dive into why prediction markets are making their way into the sports-betting industry. Then, Meta thinks doing less is more to stay in the AI arms race by…cutting AI staff? Also, The Louvre is back open after the daylight heist and is estimated to have lost $102 million. Meanwhile, Neal shares his favorite numbers on Harvard Ph.D’s, mosquitoes in Iceland, and python problems in Florida.  Learn more at disneycampaignmanager.com  Get your MBD live show tickets here! https://www.tinyurl.com/MBD-HOLIDAY  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. Listen to Morning Brew Daily Here:⁠ ⁠⁠https://www.swap.fm/l/mbd-note⁠⁠⁠ Watch Morning Brew Daily Here:⁠ ⁠⁠https://www.youtube.com/@MorningBrewDailyShow⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

Episode 697: Neal and Toby discuss Warner Bros. Discovery opening itself up for sale after getting a lot of interest. Then, leaked documents show Amazon is planning on going all-in on robotics to replace a chunk of their human workforce. Also, Beyond Meat shares skyrocket which has Wall Street wondering if this is another GameStop moment. Meanwhile, the YKK zipper is getting a revamp after over 100 years of consistency and reliability. Finally, OpenAI launches its own web browser. Learn more at disneycampaignmanager.com Get your MBD live show tickets here! https://www.tinyurl.com/MBD-HOLIDAY  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. Listen to Morning Brew Daily Here:⁠ ⁠⁠https://www.swap.fm/l/mbd-note⁠⁠⁠  Watch Morning Brew Daily Here:⁠ ⁠⁠https://www.youtube.com/@MorningBrewDailyShow⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

Episode 696: Neal and Toby talk about the outage of Amazon Web Services that knocked out basically half of the internet. Then, the iPhone 17 has seemingly been the key to Apple’s comeback as sales have surged in the US…and China! Also, the US is growing impatient with SpaceX putting astronauts on the moon and has opened up a bid to compete to light a fire under Elon Musk. Meanwhile, Toby dives into the weird “6-7” phenomenon that’s captivated teens. Finally, peanut allergies among children hit a new low.  00:00 - The World Series is set 2:10 - Amazon outage knocks out the internet 8:00 - The iPhone keeps Apple afloat 11:10 - NASA thinks SpaceX is too slow 17:00 - Toby’s Trends: Six sevennnnn 21:00 - Sprint Finish! Get your MBD live show tickets here! https://www.tinyurl.com/MBD-HOLIDAY  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. Listen to Morning Brew Daily Here:⁠ ⁠⁠https://www.swap.fm/l/mbd-note⁠⁠⁠  Watch Morning Brew Daily Here:⁠ ⁠⁠https://www.youtube.com/@MorningBrewDailyShow⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

Episode 695: Neal and Toby discuss JPMorgan’s latest $3B crown jewel that towers over Manhattan, hoping to coax its workforce back in the office 5x/week. Speaking crown jewels…the Louvre museum became a target of a coordinated and brazen heist that happened in broad daylight. Also, Walmart is becoming the subject of a Harvard Business case study as a success story of what happens when you increase pay for workers. Meanwhile, AI professional headshots are becoming more prevalent among job seekers who want to stand out in a tough job market. Finally, what you need to know in the week ahead.  00:00 - Amazon Web Services outage 3:00 - JPMorgan’s temple of work 7:50 - The Louvre burglarized 12:45 - Walmart’s winning wage strategy 19:00 - AI Headshots raises eyebrows 23:30 - Week Ahead Learn more at disneycampaignmanager.com  Get your MBD live show tickets here! https://www.tinyurl.com/MBD-HOLIDAY  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. Listen to Morning Brew Daily Here:⁠ ⁠⁠https://www.swap.fm/l/mbd-note⁠⁠⁠  Watch Morning Brew Daily Here:⁠ ⁠⁠https://www.youtube.com/@MorningBrewDailyShow⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

Episode 694: Neal and Toby preview the incoming influx of part-time seasonal workers expected to surge this holiday season as the accessibility of full-time continues to be scarce. Then, Uber is giving its drivers more options to earn cash through completely small tasks – think of it like small side quests. Also, Waymo partners with DoorDash to deliver meals, but the biggest question is, who do you tip? Meanwhile, Neal shares his favorite numbers on the world’s most powerful passports, phone thefts in London, and how well Americans think they can do practical tasks. Finally, the famous ‘rat hole’ in Chicago is actually a…squirrel hole? Get your paper tablet at https://www.remarkable.com today Get your MBD live show tickets here! https://www.tinyurl.com/MBD-HOLIDAY  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. Listen to Morning Brew Daily Here:⁠ ⁠⁠https://www.swap.fm/l/mbd-note⁠⁠⁠  Watch Morning Brew Daily Here:⁠ ⁠⁠https://www.youtube.com/@MorningBrewDailyShow⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices