The DOJ Goes After Nvidia? & $14B US Steel Deal Could Collapse
US Steel in full desperation mode & why the DOJ could be looking into Nvidia
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
Learn more about your ad choices. Visit megaphone.fm/adchoices