
Morning Brew Daily $10B Wall Street Collapse on Trial & AI Creating Wonder Drugs?
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May 9, 2024 Discover how AI is reshaping drug development with groundbreaking tools like AlphaFold. Delve into the trial of a major Wall Street scheme that rocked the financial world. Explore renewable energy growth and its impact on carbon emissions. Learn about unexpected recoveries for FTX customers and trends in job satisfaction. Plus, hear the buzz around Taylor Swift's tour and the surprising political discussions over doner kebabs in Germany. Tune in for an entertaining mix of tech, finance, and pop culture!
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Apple's Controversial Ad
- Apple's new iPad ad shows artistic treasures being crushed by a hydraulic press.
- This was met with backlash online, with many criticizing it for being antithetical to Apple's values.
AI in Drug Discovery
- AI, specifically Google's DeepMind and AlphaFold, is revolutionizing drug discovery.
- It predicts protein structures, potentially leading to new drugs faster and cheaper.
Archegos Capital Trial
- Bill Hwang and Archegos Capital Management face trial for leveraging immense stock positions.
- This resulted in a $20 billion fire sale and Credit Suisse's $5.5 billion loss.
