S&P 500’s Worst Day of the Year & GLP-1s Are Costing Retailers in Returns

JPMorgan Has Historic Q2 & New York Temporarily Bans Data Centers

#889: Welcome Ray and Kyle! Today, the guys break down a flurry of bank earnings yesterday, including a record-setting quarter from JPMorgan. Next up, what Fed Chair Kevin Warsh said about inflation in congress and what the latest CPI data says. Then, New York temporarily bans data centers and the most expensive dinosaur fossil ever sold. Finally the headlines you need to know heading into hump day.  Get 10% off using MORNINGBREW10 at altrarunning.com/morningbrew [http://altrarunning.com/morningbrew]  Get tickets for our trivia tournament! https://caveat.nyc/events/the-morning-brew-trivia-tournament-2026-07-30 [https://caveat.nyc/events/the-morning-brew-trivia-tournament-2026-07-30]  Grab tickets to our Performance Revue show! https://www.morningbrew.com/events/brew-performance-revue-2026?utm_campaign=performance_revue_2026&utm_source=mbd [https://www.morningbrew.com/events/brew-performance-revue-2026?utm_campaign=performance_revue_2026&utm_source=mbd] Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. Listen to Morning Brew Daily Here:⁠ ⁠⁠https://www.swap.fm/l/mbd-note⁠⁠⁠ [https://www.swap.fm/l/mbd-note] Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

Oil Prices Keep Climbing & ‘Moana’ Flops at the Box Office

#888: Welcome Ray and Kaila! Today, Ray and Kaila have the latest on the Iran War and the impact it’s having on oil prices. Next up, why 12 states have filed lawsuits over the Warner Bros. and Paramount merger. Then Moana sinks at the box office and everyone loves Pawn shops. Finally a look at the headlines you need to know.  Get 10% off using MORNINGBREW10 at altrarunning.com/morningbrew [http://altrarunning.com/morningbrew]  Get tickets for our trivia tournament! https://caveat.nyc/events/the-morning-brew-trivia-tournament-2026-07-30 [https://caveat.nyc/events/the-morning-brew-trivia-tournament-2026-07-30]  Grab tickets to our Performance Revue show! https://www.morningbrew.com/events/brew-performance-revue-2026?utm_campaign=performance_revue_2026&utm_source=mbd [https://www.morningbrew.com/events/brew-performance-revue-2026?utm_campaign=performance_revue_2026&utm_source=mbd] Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. Listen to Morning Brew Daily Here:⁠ ⁠⁠https://www.swap.fm/l/mbd-note⁠⁠⁠ [https://www.swap.fm/l/mbd-note] Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

Apple Sues OpenAI Over ‘Stealing Trade Secrets’ & Netflix Plans Live TV Channels?

#887: Welcome Ray and Kyle! Today, the guys discuss Apple's lawsuit against OpenAI which alleges the Sam Altman’s company stole trade secrets. Then, another Forbes 30 under 30 founder finds herself in trouble with falsified shopping sales - and what’s her connection to Bill Gates? Then, Netflix wants to get into live TV streaming channels and the American workforce is getting high. Filly, a look at the week ahead.  Get 10% off using MORNINGBREW10 at altrarunning.com/morningbrew [http://altrarunning.com/morningbrew]  Get tickets for our trivia tournament! https://caveat.nyc/events/the-morning-brew-trivia-tournament-2026-07-30 [https://caveat.nyc/events/the-morning-brew-trivia-tournament-2026-07-30]  Grab tickets to our Performance Revue show! https://www.morningbrew.com/events/brew-performance-revue-2026?utm_campaign=performance_revue_2026&utm_source=mbd [https://www.morningbrew.com/events/brew-performance-revue-2026?utm_campaign=performance_revue_2026&utm_source=mbd] Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. Listen to Morning Brew Daily Here:⁠ ⁠⁠https://www.swap.fm/l/mbd-note⁠⁠⁠ [https://www.swap.fm/l/mbd-note]  Watch Morning Brew Daily Here:⁠ ⁠⁠ [https://www.youtube.com/@MorningBrewDailyShow]https://www.youtube.com/@MorningBrewDailyShow⁠ [https://www.youtube.com/@MorningBrewDailyShow%E2%81%A0] Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

Michaels Stages a Crafty Comeback & Americans Don’t Read Anymore

#886: SK Hynix is slated to begin public trading on the Nasdaq as a company that has seen its stock pop more than sevenfold in due to the AI memory chip crunch. The NYC Midtown building partial-collapse scare has given pause to investors who thought it was supposed to be a boom-time for the office-to-residential revolution. Stock of the Week: Arts & crafts store Michaels is seeing success under private equity owner Apollo thanks to the demise of its competitors. Dog of the Week: Reading literacy in the US is sadly low. Finally, Claude launches its own version of “Wrapped.”  Get 10% off using MORNINGBREW10 at altrarunning.com/morningbrew [http://altrarunning.com/morningbrew]  Get tickets for our trivia tournament! https://caveat.nyc/events/the-morning-brew-trivia-tournament-2026-07-30 [https://caveat.nyc/events/the-morning-brew-trivia-tournament-2026-07-30]  Grab tickets to our Performance Revue show! https://www.morningbrew.com/events/brew-performance-revue-2026?utm_campaign=performance_revue_2026&utm_source=mbd [https://www.morningbrew.com/events/brew-performance-revue-2026?utm_campaign=performance_revue_2026&utm_source=mbd] Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. Listen to Morning Brew Daily Here:⁠ ⁠⁠https://www.swap.fm/l/mbd-note⁠⁠⁠ [https://www.swap.fm/l/mbd-note]  Watch Morning Brew Daily Here:⁠ ⁠⁠ [https://www.youtube.com/@MorningBrewDailyShow]https://www.youtube.com/@MorningBrewDailyShow⁠ [https://www.youtube.com/@MorningBrewDailyShow%E2%81%A0] Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

People Love Watching the World Cup in Spanish & Dating Coworkers is OK Again?

#885: Meta launches an AI image-generator that can use users’ profile pictures and not everybody is happy about it. Telemundo is drawing nearly 4.6 million watchers for the World Cup who love hearing the broadcast in Spanish. Travelers entering and exiting some European airports have run into massive backups amid a rocky rollout of the EU’s new Entry and Exit System. Neal’s Numbers on Driscoll’s berry-boom, none of the 20 most populous countries are still in the World Cup, and dating coworkers are becoming more accepted.  Get 10% off using MORNINGBREW10 at altrarunning.com/morningbrew [http://altrarunning.com/morningbrew]  Get tickets for our trivia tournament! https://caveat.nyc/events/the-morning-brew-trivia-tournament-2026-07-30 [https://caveat.nyc/events/the-morning-brew-trivia-tournament-2026-07-30]  Grab tickets to our Performance Revue show! https://www.morningbrew.com/events/brew-performance-revue-2026?utm_campaign=performance_revue_2026&utm_source=mbd [https://www.morningbrew.com/events/brew-performance-revue-2026?utm_campaign=performance_revue_2026&utm_source=mbd] Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. Listen to Morning Brew Daily Here:⁠ ⁠⁠https://www.swap.fm/l/mbd-note⁠⁠⁠ [https://www.swap.fm/l/mbd-note]  Watch Morning Brew Daily Here:⁠ ⁠⁠ [https://www.youtube.com/@MorningBrewDailyShow]https://www.youtube.com/@MorningBrewDailyShow⁠ [https://www.youtube.com/@MorningBrewDailyShow%E2%81%A0] Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]