North Korea’s Economy is Booming & Apple unveils IOS27

Warsh Plans to Overhaul the Fed & Carvana ‘Playground’ Disrupts Dealership Model

#870: The Fed holds rate steady in Kevin Warsh’s first meeting, but the central bank teases a rate hike is more likely than a cut. Carvana introduces a new ‘playground’ concept where shoppers can test-drive cars while purchases are still online. Qantas unveiled a new fly-direct route from Sydney to London, which would become the longest commercial passenger route in the world. Then, it’s Neal’s Numbers on World Cup teams, parents and kids looking at screens during meal times, and Toy Story 5. Finally, the US-Iran sign a Memorandum of Understanding to open the Strait of Hormuz To learn more visit https://www.servicenow.com [https://www.sage.com/morningbrew] 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] Paid endorsement. Brokerage services provided by Open to the Public Investing Inc, member FINRA & SIPC. Advisory services by Public Advisors LLC, SEC-registered adviser.  Investing involves risk. Not investment advice. Agentic Brokerage is an AI-powered conversational tool that allows you to enter instructions for a set of self-directed, recurring transactions (your “Agent”) for your account. Outputs from Agentic Brokerage are provided for informational and illustrative purposes only, and should not be considered investment recommendations or advice. Complete disclosures available at public.com/disclosures [http://public.com/disclosures]. See terms of match program at https://public.com/disclosures/matchprogram [https://public.com/disclosures/matchprogram]. Matched funds must remain in your account for at least 5 years. Match rate and other terms are subject to change at any time. Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

SpaceX Becomes More Valuable Than Amazon & Pizza Hut Sold For $2.7B

#869: SpaceX continues its record-setting IPO as shares continue to surge in its first three trading sessions. Yum Brands is selling off Pizza Hut for $2.7 billion. Kansas City is riding the wave of the World Cup that could transform it into a global tourist hub. Frozen yogurt is having a renaissance. McDonald’s is serving up fried apple pie to celebrate America’s 250th birthday. To learn more visit https://www.servicenow.com [https://www.sage.com/morningbrew] 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]

Fox Buys Roku for $22B & The UK Bans Social Media for Kids

#868: Fox acquires Roku in a $22B deal to power its streaming aspirations. The UK is the latest major country that moves to ban social media use for kids under 16. Fans continue to loathe the mandatory hydration breaks during the World Cup because they believe it’s less about player safety and more about commercial breaks. Then it’s Toby’s Trends that looks into why everybody is loving dates…the fruit, that is. Finally, the stock market cheers for US-Iran peace deal. To learn more visit https://www.servicenow.com [https://www.sage.com/morningbrew] 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] Paid endorsement. Brokerage services provided by Open to the Public Investing Inc, member FINRA & SIPC. Advisory services by Public Advisors LLC, SEC-registered adviser.  Investing involves risk. Not investment advice. Agentic Brokerage is an AI-powered conversational tool that allows you to enter instructions for a set of self-directed, recurring transactions (your “Agent”) for your account. Outputs from Agentic Brokerage are provided for informational and illustrative purposes only, and should not be considered investment recommendations or advice. Complete disclosures available at public.com/disclosures [http://public.com/disclosures]. See terms of match program at https://public.com/disclosures/matchprogram [https://public.com/disclosures/matchprogram]. Matched funds must remain in your account for at least 5 years. Match rate and other terms are subject to change at any time. Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

US-Iran Reach Tentative Peace Deal & The Knicks Are NBA Champs

#867: The war in Iran could be winding down as both countries announce a framework of a peace deal. President Trump celebrates his 80th birthday and commemorates America’s 250th birthday with a UFC cage-fight on the South Lawn of the White House. The White House slaps Anthropic with export controls over its latest AI model citing national security concerns. SpaceX’s historic IPO goes as well as it could, making Elon Musk the world’s first trillionaire. The New York Knicks end their 53-year drought by defeating the San Antonio Spurs to become the NBA’s 2026 champions. Finally, what you need to know in the week ahead.  To learn more visit https://www.servicenow.com [https://www.sage.com/morningbrew] 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]

SpaceX is the Biggest IPO in History & World Cup Wagers Reach $50B

#866: SpaceX’s much anticipated debut on the stock market is here and everyone is looking to cash in, especially retail investors who are moving stocks around to make room for the historic IPO. Prediction markets and sports gambling is gearing up for boom times as the World Cup kicks off. Jeff Bezos’s AI startup that builds things is revealed to be worth $41 billion. Finally, Trump cancels Iran strikes, DoorDash AI chatbot, and a weekend preview.  To learn more visit https://www.sage.com/morningbrew [https://www.sage.com/morningbrew] 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] This is a paid advertisement. Today's episode of the Morning Brew Daily Show is brought to you by Sage — a trusted global provider and leader in accounting, financial, HR, and payroll technology for small and mid-sized businesses. The following commentary reflects general information about Sage and its products. Specific features, capabilities, and availability may vary by product, region, and customer requirements. To find out more, visit sage.com/morningbrew [http://sage.com/morningbrew]. Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]