#918: Treasury Secretary Scott Bessent announces sweeping economic sanctions on Iran, dubbed as “economic D-Day.” Blank Street raises $105M and plans for a West Coast expansion. Fans are complaining about the rising cost of tickets for the US Open. An app that sends messages as fast (or slow) as carrier…
#917: The US and Canada are spiraling towards another trade war as tariff negotiations break down. ChatGPT can now read and respond to your iMessages. The Trump administration hosts the IndyCar race in Washington DC for his birthday. The world’s busiest airport is no longer in the Middle East, but…
#916: Treasury Secretary Scott Bessent tries to intervene to ease the bond market…except it doesn’t work. Walmart posts its slowest gains in years as Americans watch their budgets. A Chinese animated film is so bad, it’s so good. Nike shares hit their lowest in 12 years. The FDA calls for…
#915: Moderna shares soar after a breakthrough trial of an mRNA cancer vaccine. Amazon plans to expand its drone delivery service to 500 US cities. The meal-kit delivery company Blue Apron is in shambles after a key supplier goes out of business. It’s Neal's Numbers on thieves stealing $200m worth…
#914: Disney is fighting back against the FCC for challenging its broadcasting licenses during the Jimmy Kimmel drama. Bond yields jump as sticky inflation and Iran War uncertainty unsettles investors. A Chinese company unveils a robot that can run faster than Usain Bolt. ‘Buy Now, Pay Later’ companies are now…
#913: Meta heads to a landmark trial that will determine if it’s responsible for kids’ social media addiction. Secondhand books are being bought in bulk and shipped to far-flung places…leaving many to believe AI is doing all the shopping. Reddit shares jump as it prepares to join the S&P 500.…
#912: Suits are making a comeback as more Americans are returning to the office…in style! AI riches are pushing policymakers to create wealth sharing proposals for the communities housing data centers. Ferrari’s Jony Ive-designed EVs were mocked but turns out, everyone actually wants them. Fancy interior designs for dorms are…
#911: Billions of tariff refunds are coming back to large companies. Gen Z believes sports betting is the key to a better financial future. Candy Crush has been crushing it for 15 years. McDonald’s knows how many times you ordered a Double Quarter Pounder w/ Cheese – and when you'll…
#910: The Los Angeles Lakers are sold for $12 billion to Josh Kushner and Bob Iger. July’s inflation report comes in just as expected. Roku has a 24/7 AI slop channel. Private equity is stuck with over 33,000 unsold businesses. Americans are traveling more than ever and they love traveling…
#909: A total solar eclipse drives a boom in hotel bookings in far-flung places in Europe. Bumble reverses a feature that made it unique: men can now message first. Anthropic will now watermark its AI-generated content to comply with European regulators. The University of Michigan drops its first-semester grades for…
#908: Flock cameras are a useful tool for law enforcement but there’s growing backlash of a mass surveillance state. Lake Mead plummets to historic low levels. Mark Zuckerberg releases his own manifesto on the future of AI. Toby looks into the trend to Texas’ own Wall Street – better yet,…
#907: The U.S. economy unexpectedly lost 23,000 jobs in July – a sharp miss from economists' expectation of an 83,000-job gain. Plus, more than 5,000 investors are still copying Leopold Aschenbrenner's trades, despite his hedge fund's meltdown. Burger King overtakes Wendy's as the nation's second-largest burger chain. Finally, buc-ee’s dodges…
#906: Bank of America is spending $250M a year on GLP-1 weight loss drugs for its employees. SpaceX's first post-IPO lockup expired Thursday after releasing 912 million restricted shares into the public market. A group of 20 undergraduate students at Indiana University's Kelley School of Business manages a $12 million…
#905: Saudi Arabia just bought EA for $55 Billion. Disney agrees to let TikTokers use its characters in videos, and gene-edited puppies will melt your heart... but won’t give you allergies. Helicopter parenting is extending into the workplace, with employers reporting that more parents are helping manage their adult children's…
#904: SpaceX reports its first-ever earnings and logs a revenue boost but even bigger capex spending, leaving investors worried. An influencer summer camp hosted by OpenAI is met with furious backlash in the comment section. Severe drought in major European rivers are pushing officials to take drastic measures…like blowing stuff…
#903: The US and Japan work together to save the declining yen. Rumors of an AstraZeneca-Bristol Myers merger has analysts scratching their heads. People are making wildfire bets on prediction markets because…of course. Meanwhile, Toby dives into the newest Summer drink that’s popping up in bars everywhere: the Hugo Spritz.…
#902: Sam Altman gets roasted on the internet for making a case to use ChatGPT for parenting. “Spider-Man: Brand New Day” opens with a whopping $355 million for its premier weekend. Oil companies report record profits fueled by wartime crude prices. Google rolls back an AI feature on Earth after…
#901: The US economy grew more slowly in Q2 as the Iran war weighed on prices and supply chains. AI investor Leopold Aschenbrenner seeks new funding after massive losses. Jersey Mike’s raises $1 billion in its IPO. Tim Cook reports his last earnings call. Amazon’s cloud business stays strong. Trump…
#900: A divided Fed holds interest rates but three members wanted to hike it up. Meta shares dip after reporting an earnings miss as it keeps spending money on data centers. Microsoft beat expectations thanks to its partnership with Anthropic. Then, Neal shares numbers on the busiest commercial flight day…
#899: FIFA president Gianni Infantino plans to sell stake in the World Cup and its governing body hates it. Apple wants you to upgrade your iPhone with the option to lease. JPMorgan and Ohio State ink a record sports deal that shows the professionalization of college sports. Europe’s richest man,…
