This chapter discusses the recent performance of the stock market, including factors such as the surge in Salesforce stock, the drop in mortgage rates, and the collapse of bond yields. It also explores the success of Coinbase in the crypto market and the rise of obscure cryptocurrencies like Dogecoin. The chapter touches on the performance of investor Kathy Wood and her flagship Arc Innovation ETF, as well as the potential impact of generative AI on technology and big tech companies.
Episode 204: Neal and Kyle discuss why the stock market is hotter than ever. Plus, it's the one-year anniversary of ChatGPT and why we are in the era of nepo baby billionaires. Also, a recap of the Cop28 Climate Summit and how much money did Red Lobster lose on their endless shrimp deal? And finally, Forbes shares their Hall of Shame 30 Under 30 list.
Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD
Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow
Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Learn more about your ad choices. Visit megaphone.fm/adchoices