What Biden Dropping Out Means for Markets & The IT Outage That Halted Almost Everything

Published: July 22, 2024, 11:05 a.m.

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.\n\nCheckout https://beehiiv.link/morning-brew-daily and get a 30 day free trial and also 20% off 3 months with code BREW\n\nGet your Morning Brew Daily T-Shirt HERE: https://shop.morningbrew.com/products/morning-brew-radio-t-shirt?_pos=1&_sid=6b0bc409d&_ss=r&variant=45353879044316\xa0\n\nListen to Morning Brew Daily Here: https://link.chtbl.com/MBD\n\nWatch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow\n\n00:00 - Intro \n02:50 - Joe Biden drops out \n08:30 - Global IT Outage \n14:30 - Winners of the weekend \n21:00 - AI Avatars \n24:00 Week ahead\nLearn more about your ad choices. Visit megaphone.fm/adchoices