Financial Struggles Lead to Biden's Unexpected Decision

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The Biden campaign faced a sudden financial setback as wealthy backers failed to meet donation expectations, resulting in a significant shortfall. With funds dwindling, Biden made an abrupt decision to step aside, surprising many even within the White House. His announcement on X instead of through traditional media channels highlighted the financial strain, especially compared to Elon Musk's substantial monthly contribution to Trump's campaign.

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.

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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

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