2024 Olympics: Game on!
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 26 July 2024
⏱️ 6 minutes
🧾️ Download transcript
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Transcript
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| 0:00.0 | Welcome to See King Alpha's Wall Street breakfast, where we cover the top news for investors every morning. |
| 0:08.0 | Good morning. Today is Friday, July 26. I'm Julie Morgan. The Summer Olympics is here. |
| 0:15.0 | Open AI is testing out its own search engine |
| 0:18.2 | and Southwest Airlines is doing away with something that has been part of its |
| 0:22.2 | culture for more than half a century. |
| 0:25.6 | The 2024 Paris Olympics are set to kick off today, with the opening ceremony taking place |
| 0:31.5 | under a backdrop of heavy security. |
| 0:34.0 | The games will offer a big stage for U.S. companies associated with the Olympic Partner Program, |
| 0:40.0 | like AirB&B, Coca-Cola, Intel, Procter and Gamble, and Visa. |
| 0:45.8 | The last time around American sponsors shied away from the spotlight during the Beijing Winter Olympics in |
| 0:52.0 | 2022. |
| 0:53.4 | They face pressure over human rights issues |
| 0:55.9 | and authoritarian control. |
| 0:57.9 | The US government even boycotted the event |
| 1:00.6 | by barring diplomatic personnel causing many firms to lie low in their Olympic-themed |
| 1:05.6 | commercials. |
| 1:07.0 | According to analysts at Bernstein, there are big viewership opportunities for the 2024 Olympics with billions of people estimated to tune in globally |
| 1:16.0 | creating a catalyst for sports and sportswear and more awareness across the |
| 1:21.0 | broad base of categories. |
| 1:23.0 | We're taking a closer look at the economics of the games in the Wall Street breakfast |
| 1:27.4 | newsletter. It's our daily one-page news summary. |
| 1:30.4 | You can find a link to the newsletter in show notes. |
... |
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