What Biden Dropping Out Means for Markets & The IT Outage That Halted Almost Everything

Morning Brew Daily

Morning Brew

Business News, News, Business

4.4 • 3K Ratings

🗓️ 22 July 2024

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

Episode 370: Neal and Toby discuss Joe Biden dropping out of the 2024 Presidential race and throwing his support behind VP Kamala Harris. The guys explain how this will impact markets, fundraising, and the significance of Biden releasing the statement on 'X' before anywhere else. Next, the biggest global IT outage ever happened over the weekend after an update from CrowdStrike went wrong and took out airlines, banks, 9-1-1 call centers and much more. Also, 'Twisters' raked it in at the box office and Bruce Springsteen is officially a billionaire. Then a Chinese company is creating AI Avatars to mimic deceased loved ones. And finally, what we are watching for this week. Checkout https://beehiiv.link/morning-brew-daily and get a 30 day free trial and also 20% off 3 months with code BREW 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 00:00 - Intro 02:50 - Joe Biden drops out 08:30 - Global IT Outage 14:30 - Winners of the weekend 21:00 - AI Avatars 24:00 Week ahead Learn more about your ad choices. Visit megaphone.fm/adchoices

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0:25.0	Good morning Brew Daily Show, I'm Neil Freiman.
0:29.6	And I'm Toby Howell.
0:30.5	Today President Biden drops out of the presidential race what comes next?
0:35.7	Then now that the blue screens of death have dissipated what's been the fallout from the largest
0:40.4	global IT outage ever.
0:42.6	It's Monday, July 22nd.
0:44.6	Let's ride.
0:45.8	I gotta catch my breath.
0:52.0	The last week has had enough news for an entire century.
0:57.0	Just to recap, since last Saturday, former President Trump narrowly survived an assassination attempt. He then nominated a vice president
1:04.4	who once said he might be America's Hitler. President Biden got COVID. Ken Griffin
1:09.2	paid 45 million dollars for a stegosaurus skeleton. A country singer performed one of the
1:14.9	worst national anthems in history at the Home Run Derby. Friday brought the
1:19.3	largest IT outage in history. Then on Sunday, Biden said he wouldn't run for president,
1:25.7	adding even more mayhem to a presidential race
1:28.7	that has seen plenty of it.
1:30.7	July is supposed to be boring.
1:33.0	Well, you forgot the biggest news from last week, actually, and that is the makers of
1:37.1	Hello Kitty reveal that Hello Kitty is not a cat.
1:40.4	Yes, despite the whiskers, her ears, and her name Jill Koch, the senior vice president
	...

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