Episode 52: Today, Ann examines OpenAI’s split into two: a nonprofit that will control a $500 billion for-profit arm, the powerhouse board and how the restructuring might pave the way for an IPO. Then, we dive into highlights from today’s earnings - including UPS weaning itself off of Amazon, Royal Caribbean hitting rough seas and Wayfair shares way up on brick and mortar. Later, Ann jargon busts the creative financing at play in Keurig Dr Pepper’s acquisition of JDE Peet’s coffee and we look at job headlines. Finally, NVIDIA breathes life into that old Nokia.

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00:00 Welcome to Brew Markets Daily

00:00 OpenAI Splits In Two

00:00 Earnings Roundup - UPS, Wayfair, Royal Carribean

00:00 QFA: What is convertible preferred stock

00:00 Market Close

00:00 Final Thought - NVIDIA & NOKIA

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