Morning Brew Daily
The DOJ Goes After Nvidia? & $14B US Steel Deal Could Collapse
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Episode 403: Neal and Toby discuss the US government potentially blocking Japanese steel company Nippon from acquiring US Steel, who is in desperate need of a bail out as it nears moving its Pennsylvania plant and letting workers go. Then, Nvidia has been dominating the AI industry so much that it’s caught the attention of the DOJ, which has them thinking maybe…there might be some monopolistic malfeasance at-play. Uh oh. Also, Topgolf, the once popular casual golfing venue, is splitting away from Callaway after slumping sales in the last fore! quarters. Meanwhile, Neal shares his favorite numbers from ‘Game of Thrones,’ Caltech’s STEM program, and the US Open. Lastly, the J.Crew catalog is back, baby.
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00:00 - Intro
01:00 - The new 9-5
03:35 - US Steel Merger in Peril
07:30 - Nvidia vs DOJ
12:30 - Callaway splitting from TopGolf
16:30 - Neal’s Numbers
23:15 - J. Crew Catalog is back
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