Morning Brew Daily

#958: Elon Musk and Anthropic make some very public pledges to share their wealth for charitable causes. Global unrest continues to rip through Europe and the Middle East. Gen Z investors are retreating back from their risky stock moves before the midterm elections. Haunt sliders are becoming a big business for amusement parks.  Start your quote at https://www.libertymutual.com  Subscrib...

#957: Neal and Toby discuss the latest AI jitters that are impacting the stock market and how investors are reacting. Next up, California is proposing a tax on billionaires and “You Can See Everything” impresses at the box office. Then, UChicago rallies against a 68-year old Onion Futures and a finally look at the week ahead.  Start your quote at https://www.libertymutual.com Vote for MBD at...

#956: Tesla showcases its new Roadster model that can drive on the wall, fly, and do backflips. What. Companies are increasingly using AI in their hiring process. Amazon unveils its new Bee AI wearable tech just in time for the holidays. California’s wine industry is facing an oversupply of grapes as people are pulling back from wine o’ clock. Finally, KFC ditches Pepsi for Coca-Cola across its re...

#955: US inflation rises more than expected in September. Ukraine says Starlink restrictions are hurting its military capabilities against Russia. Netflix lays off roughly 1,000 of its workers. Neal’s numbers on Gen Z flocking to South Carolina, shipping costing more than a spaceship, NASA’s Mars rover breaks a new record. Finally, NYC is putting an end to horse carriage rides in Central Park.&nbs...

#954: Apple unveils its newest foray into the smart home market with ‘HomeView,’ which looks like a giant Apple Watch. Bumble agrees to go private for $1.3B Character.ai files for Chapter 11 bankruptcy. An OpenAI employee is arrested by the FBI for planting a recording device in a conference room. The Treasury Department imposes a hefty $1.2B fine against Bank of America. Finally, a French superma...

#953: Trump faces backlash after securing a deal with Russia for diesel fuel. Pepsi is feeling the hurt as the GLP-1 movement is causing shoppers to cut back on sodas and snacks. Two American economists win the Nobel Prize for their work on managing economic shocks. 3 out of the 4 remaining teams in the MLB are proving that low payroll teams can thrive in the postseason. Finally, what you need to...

#952: Robin Wigglesworth is the editor of the Financial Times’ Alphaville blog and the author of A Fabulous Debt: The Epic Story of How Bonds Built the Modern World. He joins Toby to explain the history behind the bond market, some of the major players that modernized bonds, and why rising yields actually affects everyone.  You can get a copy of Robin’s book, ‘A Fabulous Debt: The Epic Story...

#951: Rumblings of Starbucks’ takeover of Chipotle sends the burrito chain’s shares up. Aaron Sorkin’s ‘The Social Reckoning’ hits theaters, headlining Hollywood’s new crusade of showing the ugly side of Big Tech. Duke math majors can earn up to $300,000 as soon they graduate!? Something doesn’t add up. The Trump administration pauses H-1B visas which are crucial to tech firms, especially Microsof...

#950: Winter is coming…and heating up your home may become more expensive, especially for those who use oil, according to a national study. McDonald’s is sued for allegedly using AI to individually price for their franchises. Jaguar unveils a sleek electric vehicle two years after their controversial rebrand. Then, it’s Neal’s Numbers on water bills that have risen over the past decade, Slovenia’s...

#949: Student protests swept France as labor unions and high schoolers demanded for improvement in faculty staffing, classroom sizes, and building conditions. The US stock market is nearing record highs as traders are betting corporate America can survive high energy prices and interest rates. Comedian Sebastian Maniscalco is getting backlash for taking over a SiriusXM channel that was a place for...

#948: Skydance’s mega merger of Paramount and Warner Bros. Discovery is finally complete as it names its leadership team. The EV industry gets a lifeline as sales tick back up thanks to rising gas prices. Spain and Brazil are caught in tension-filled elections. Midcentury modern designs are so not cool anymore, apparently. Finally, Sam Altman thinks the bad stuff from AI is kinda inherent and we j...

#947: September’s job report falls short of expectations but the labor market is still holding strong. Tom Cruise’s latest dark comedy in ‘Digger’ is on track to becoming a big swing and a miss at the box office. A little known hedge fund smashes rent records by leasing the top floors of a Manhattan skyscraper. A Boeing 737 MAX miraculously stays intact during the nosedive of the harrowing FlyDuba...

#946: Walmart is lighting up their price tags, quite literally, to make it easier for customers and workers to find items. Google sends its chips into orbit, which could be a big step in space data centers. Egg producer Cal-Maine reports a quarterly loss as it struggles with an oversupply of eggs. A man builds an ‘AI torture chamber’ that sparks an online debate on whether AI actually feels pain l...

#945: Ken Griffin donates $3B to Carnegie Mellon University, the largest single gift ever to a US university, as he continues to invest into Miami. Meta uses AI data centers to claim billions in tax savings. Singapore launches a dating app meant for government workers. Neal shares numbers on AI healthcare costs, Six Flags’ X2 roller coaster, and Vail Resorts. Finally, former head coach Mike Tomlin...

#944: Oura delays its IPO due to market uncertainty while Anthropic prepares for a potential blockbuster IPO. Trump launches an AI-powered website to streamline all federal services. The Senate just passed a monumental sports bill that changes athlete compensation. Phoebe Bridgers bans phones during her concerts and she’s not the only musician who’s doing it. Finally, OpenAI launches its own cute...

#943: SpaceX finally gets its Starship rocket into orbit but has to cut the trip short. Trump announces a $15B steel plant in Iowa in an effort to boost domestic manufacturing. Bose is back with noise-canceling wired headphones thanks to the trend of retro-tech. The rise of ‘cat dads’ is today’s edition of Toby’s Trends. Finally, former Disney CEO Bob Chapek wants to have the last word in the Chap...

#942: The US economy is powering through despite rate hikes and rising bond yields. Top AI companies are investigating tens of thousands of security incidents that may reveal a bigger problem than we thought. Premier League football club Man City is found guilty on almost all counts of financial breaching charges. Chinese EV makers are getting so good that they can charge up to 70% in less than 5...

#941: Neal and Toby discuss the State Dinner President Trump and the US threw for China, and the who’s who from the tech world who were there to welcome Xi Jinping. Then how Oracle is choosing to defend themselves against lengthy payments. Then investors are not impressed with AI agents that impact  consumer inertia and Home Depot proves to be a long-term play. Finally the headlines you shoul...

#940: Neal and Toby break down the Meta Connect event and why the tech world is buzzing about the company's new hardware. Then, what a 90-day ban US diesel exports could mean for the industry. And why is McDonald’s investing so much in upgrading their restaurants? Next up Neal shares his favorite numbers and all of the headlines you need to know to start your day.  Come to trivia night! ⁠http...

#939: Trump wants to rebrand AI as “super intelligence” on all US official documents. M.I.T. surpasses Princeton as the top college in the country. Peloton is launching new treadmill models as it leans into running vs. cycling. A debate is brewing over whether bringing an iced coffee to a job interview is unprofessional or not. Finally, Ella Langley’s hit song ‘Choosin’ Texas’ breaks the all-time...

#938: The FAA will start using AI-powered tools for air traffic control. Paramount settles with a group of states that opens the door for the Warner Bros. merger. Networks suspend pool coverage after the White House bans a group of networks. Private equity firms have been slowly taking over your favorite restaurants and young diners have had enough. Finally, AI stocks are rallying fueled by Meta’s...

#937: A searing Elon Musk documentary nears US release as Hollywood is increasingly putting out critical portrayals of today’s tech founders. California lawmakers vote to increase transparency over influencers’ paid political ads. While regulators are scrambling to get a handle on AI, AI agents are taking over the internet. Football star Kylian Mbappé leaves Nike and signs a partnership with On, d...

#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 an AI slowdown. Transportation companies sound the alarm as diesel prices continue to rise due to the conflict in the Middle East. The cost of being a bridesmaid is becoming too much for some women t...

#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. Apple’s latest major update, iOS 27, promises a new and improved Siri. Neal dives into the numbers of Atlantic hurricanes, 100-year-olds in Japan, and Tom Holland. Finally, how Ed Sheeran’s tour imp...

#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 US military confirms they’ve launched weapons into space. An African billionaire opens up his refinery to the public, which could swell his wealth even more. Finally, the Congressional Budget Office e...