Trump Found Guilty of Falsifying Biz Records & Concerns Over OpenAI’s Media Deals?

Morning Brew Daily

Morning Brew

Business, News, Business News

4.4 • 3K Ratings

🗓️ 31 May 2024

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

Episode 334: Neal and Toby recap the historic conviction of Donald Trump, who was found guilty of falsifying business records. Then, a flurry of deals between OpenAI and media companies that is becoming a concern for the industry. Then, Abercrombie & Fitch continues its historic turnaround as it posts another stellar earnings. Meanwhile, Salesforce shares take a huge hit from more macroeconomic conditions. Next, Japanese scientists reveal a satellite made out of wood that could help stem the concerning pile up of space debris. Lastly, the French Open bans alcohol in the stands because fans are getting too rowdy for the fancy sport. Visit https://www.sage.com/morningbrew for more! 00:00 - National spelling bee 3:00 - Trump guilty 7:30 - OpenAI wheelin’ & dealin’ 11:40 - Stock of the week 14:50 - Dog of the week 17:40 - Wood satellite 20:00 - Too much drinkin’ at French Open Get your Morning Brew Daily Mug HERE: https://shop.morningbrew.com/products/morning-brew-daily-mug?utm_medium=youtube&utm_source=mbd&utm_campaign=mug Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Disclosure: Options are not suitable for all investors and carry significant risk. Option investors can rapidly lose the value of their investment in a short period of time and incur permanent loss by expiration date. Certain complex options strategies carry additional risk. Investors must review the Options Disclosure Document (ODD): public.com/ODD. See Fee Schedule and Options Rebate & Referral T&Cs: public.com/disclosures. Brokerage services for US-listed securities and options offered through Public Investing, member FINRA & SIPC. See terms of the Options Rebate Program. Rebate rates vary from $0.06-$0.18 and may depend on time of enrollment and number of referrals. Rates are subject to change at any time. All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing., member FINRA & SIPC. See public.com/#disclosures-main for more information. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Good morning Brew Daily Show, I'm Neil Freeman and I'm Toby Hal.
0:05.0	Today from rock bottom to retail royalty the story of Abercrombie and Fitch.
0:11.0	The Japanese researchers found a new material to build satellites out of,
0:14.6	and I promise you're going to be surprised when you hear it.
0:17.0	It's Friday, May 31st.
0:19.0	Let's ride.
0:29.0	Not sure if he caught this, but the finals of the Scripps National Spelling Bee last night was electric. For just the second time, a tiebreaker known as a spell-off determine the winner.
0:34.4	And here's how the spell-off works. The two kid geniuses left standing had to spell the most words correctly
0:39.7	in 90 seconds, rapid-fire style, and with 29 correctly spelled words 12 year old
0:45.4	Bruhat Soma of Tampa Florida hoisted the trophy. Toby first of all
0:49.7	congrats on another trophy for Tampa.
0:52.5	Second of all, are you game to try to spell some words
0:54.8	that someone got correctly from the spell off?
0:56.5	No, I thought we agreed not to do it.
0:58.8	I'll just do a couple.
0:59.9	Do quickly, rapid fire style, everyone else can play too the first word is mick terric make
1:06.0	terric yep of or relating to the nasal cavities oh easy my my ceteri t-e-r-i-c-c-e-r-i-c yeah it was that I wish I had a bell. You did it right. Okay, here's another one.
1:16.2	J. Klay. Say that again? G. Klay. Oh my gosh, gee clay, J I E. C L EY. Y. Y. Y. Y. Y. Y. Y. Y. Y. Y. Y. Y. Y. Y. Y. Y. Y. Y. Y. Y. Y. Y. Y. Y. Y. G-I-C-L-E-Y.
1:25.0	I should have known it.
1:28.0	Final one, Kaishina.
1:30.0	Oh my g-A-I-S. Oh my g-A A I I already gone.
1:34.0	K. K. K Ihina is Brazilian.
	...

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