Wall Street Battles Banker Burnout & Is OpenA...

#901: The US economy grew more slowly in Q2 as the Iran war weighed on prices and supply chains. AI investor Leopold Aschenbrenner seeks new funding after massive losses. Jersey Mike’s raises $1 billion in its IPO. Tim Cook reports his last earnings call. Amazon’s cloud business ...  Show more

#900: A divided Fed holds interest rates but three members wanted to hike it up. Meta shares dip after reporting an earnings miss as it keeps spending money on data centers. Microsoft beat expectations thanks to its partnership with Anthropic. Then, Neal shares numbers on the bus ...  Show more

Boeing could face strike as workers push back on tentative contract. (00:22) OpenAI reportedly in talks for $6.5B in funding at a $150B valuation. (01:45) BurgerFi International (BFI) files for Chapter 11 bankruptcy protection. (02:24) Episode transcripts seekingalpha.com/wsb. Sh ...  Show more

(0:00) Bestie intros: In Memoriam (6:43) OpenAI's $150B valuation: bull and bear cases (24:46) Will AI hurt or help SaaS incumbents? (40:41) Implications from OpenAI's for-profit conversion (49:57) Meta's impressive new AR glasses: is this the killer product for the age of AI? (1 ...  Show more

Chief executives at Intel and Stellantis stepped down, OpenAI is considering including advertising in its artificial intelligence products and the US unveiled new export controls in an effort to curtail China’s semiconductor industry. Plus, how Shanghai’s ambition to be the ‘f ...

Bloomberg Intelligence Senior Technology Analyst Mandeep Singh and Bloomberg Technology Executive Editor Tom Giles discuss Sam Altman heading back to lead OpenAI less than five days after he was pushed out of one of the world’s most valuable startups, setting off a shock back-and ...  Show more