Global Chip War Heats Up & Bob Iger's $250M Women's Soccer Stake

Morning Brew Daily

Morning Brew

Business News, News, Business

4.4 • 3K Ratings

🗓️ 18 July 2024

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Episode 368: Neal and Toby chat about the latest chapter in the US-China chip war where a Trump interview with Bloomberg sent semiconductor chip indexes tumbling, while China is looking to expand their chip capabilities. Then, a couple of major deals with Bob Iger acquiring Angel City FC for $250M and Ray-Ban owner acquires the once-popular streetwear brand Supreme. Plus, Neal shares his favorite numbers from the Emmy’s, the fastest human-made object, and night-owl productivity. Meanwhile, the pool industry is slowly drowning. Lastly, the trend of running-for-hire is spreading throughout Indonesia. Behold the Strava Jockey. Expand your world with Meta AI. Now on Instagram, WhatsApp, Facebook and Messenger. 00:00 - Ken Griffin buys Apex Stegosaurus 03:00 - Chip wars heat up 07:15 - Angel City FC bought for $250M 11:45 - Ray-Ban buys Supreme brand 15:30 - Neal’s Numbers: Emmy’s, fast object, night-owls 20:00 - Pool industry is drowning 24:00 - Behold the Strava Jockey 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

Transcript

Click on a timestamp to play from that location

0:15.3	Have a question or need how to advice? Just ask Meta-AI. Whether you want to design a marathon training program or you're curious what planets are visible in tonight's sky, Meta-AI has the answers. You can also summarize notes, visualize your ideas, and so much more. It's the most advanced AI. At your fingertips, expand your world with Meta AI. Now on Instagram, WhatsApp, Facebook, and
0:21.6	Messenger. what's app Facebook and messenger.
0:26.0	Good morning Brew Daily Show. I'm Neil Freiman and I'm Toby How
0:28.0	Today chip stocks got sent to the wood chipper
0:31.0	how geopolitics is slowing the role of the stock markets a list.
0:34.8	Then there's a new most valuable franchise in women's sports but will infighting sink Angel City
0:40.4	before it can soar. It's Thursday July 18th. Let's ride.
0:50.0	Remember that 150 million year old Stegasaurus named Apex that was up for auction?
0:55.6	Well, yesterday it was sold and you're never going to guess who bought it, or maybe you will.
1:01.3	It was the hedge fund billionaire Ken Griffin.
1:04.1	Griffin paid nearly 45 million dollars for Apex
1:07.4	making it the most expensive fossil sale in history. And we've been here before.
1:12.0	Remember, three years ago, Griffin outbid a bunch of
1:14.5	crypto people to buy a first edition copy of the Constitution for 43 million
1:19.5	dollars I'll just say it this guy knows how to be a billionaire he truly does and I am so happy that it got
1:26.3	43 million dollars 44 million dollars because there were reports that it was valued in the six to eight million dollar range
1:32.6	Apex deserved so much better so I'm glad it's now the most expensive fossil ever.
1:37.6	Ken Griffin said Apex was born in America and is going to stay in America after the sale.
1:42.2	That's kind of his thing is that he loves
1:44.0	keeping what he thinks are American artifacts in America. He did that with the
1:48.0	Constitution, which is now residing in our favorite place on Earth,
1:51.8	Northwest Arkansas,
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Morning Brew, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Morning Brew and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.