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
Disclosure: Includes a paid advertisement for Surf Air Mobility, Inc.
The content shared on this podcast is for informational and entertainment purposes only and should not be considered financial, legal, or investment advice. Brew Markets, Morning Brew and their hosts are not licensed financial advisors. Listeners should conduct their own research and consult with qualified professionals before making any financial decisions or investments. The views expressed are those of the hosts and guests and do not necessarily reflect the views of Morning Brew or its affiliates. This podcast may include paid endorsements or sponsorships
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