
Loading summary
A
AI is unchartered territory and many leaders are trying to navigate through without a guide to help them. That's why Morning Brew created the Intelligence Shift, a new podcast with PwC. It's all about how AI is fundamentally changing different industries. Host Dan Priest is joined by a top tier roster of industry leaders who share real stories and real lessons learned. Get guidance from industry experts. Listen to the Intelligence Shift wherever you get your podcasts.
B
Good Morning Brew Daily Show. I'm Neal Freyman.
C
And I'm Toby Howell.
B
Today, protein is in a shortage. I repeat, protein is in a shortage.
C
Then Anthropic has filed to go public. I repeat, Anthropic has filed to go public. It's Tuesday, June 2nd. Let's ride.
B
In the cutthroat low margin world of bars, one New York City pub is getting creative to stand out ahead of Game 1 of the NBA Finals tomorrow night between the Knicks and the spurs, the Jeffrey on the Upper east side of Manhattan announced a promotion with a prediction market twist. If the Knicks win, then everyone who buys food or drink there during the game will get their tab picked up by the house, up to $100 apiece. And the Jeffrey is okay with that because they are hedged or de risked. The owner Andy said he put $5,000 on a couch. She bet for the Knicks to win game one. So whatever happens in the game, the Jeffrey doesn't lose too much or might even come out on top of the Toby. Is this the first instance of a bar turning into a hedge fund?
C
Here's the math, which is not my strong suit. I was an English major, but I'll do my best. So they bet $5,000 on the Knicks at 37% odds. If the Knicks wins, the payout is roughly 13 and a half thousand dollars total. So they profit 8 and a half thousand dollars on the bet itself. They'll use part of that to cover the $100 free bar tab promo. If the next lose, then they lose the $5,000 bet. But they don't have to pay the free tabs all night. Plus the place will probably slam, so they'll be having a above average night anyway. So worst case they eat the $5,000 as a marketing expense. Best case they have a massive night in. The hedge covers the promo. So sort of a win win. And definitely not the last time we'll see someone use a prediction market or as many pointed out, just a normal sports book to hedge their bets in the hopes of having, you know, a great buzzy word of mouth evening. And now A word from our sponsor, Sage. Neil, would you say you're scrappy?
B
No. I am too old and I've been working too long for that.
C
That's how Sage feels too. They build AI powered finance, payroll and HR software for businesses of all sizes. A Whopping Total of 6 million plus businesses use Sage globally across 150 countries.
B
This isn't a scrappy startup or niche tool. Sage is powering financial operations for companies in every industry, from coffee shops to manufacturing plants across virtually every market.
C
Sage can handle regional tax codes, payroll compliance, and regulatory requirements across different markets. That breadth of adoption means Sage has seen and solved just about every finance problem a growing business can throw at them.
B
To learn more, head to sage.com morning brew that's sage.com/morning brew it's a tough job market out there for recent college grads. The unemployment rate for these whippersnappers climbed to 5.6% this March, up from 3.6% in March 2019. And if you listen to the booze rained down at commencement speeches, many blame AI for taking entry level jobs. But something else really big happened between 2019 and 2026. The pandemic and remote work. Remember that? And a couple of brand new studies found that the shift to remote work, not AI, has created the miserable job market conditions recent college grads find themselves in. In a paper published yesterday, New York Fed economists est remote work accounts for nearly 2/3 64% of the rise in recent college grad unemployment. That follows another fresh study where authors Peter John Lambert and Janik Schindler of the London School of Economics in Oxford blame remote work for the entry level job wipeout. Both papers offer the same reasoning. Essentially, remote work favors more experienced workers than junior ones. When you hire a young employee, they require teaching, training and mentorship. Did this with Toby a couple of years ago, which is made all the more difficult when you're at the other end of a zoom call instead of in person. So in the remote work era, hiring teams are prioritizing veteran workers who require less handholding and can get up to speed more quickly. Neither of these papers rules out AI being hugely consequential to the job market going forward, but they do argue that a huge transformation occurred in the workplace over the past couple of years. Remote work and we don't really talk about it that much or sufficiently consider its impacts. Toby, are you convinced?
C
I am convinced because mainly I just read really smart research papers like, I don't know, I kind of see what they're going for here. So Researchers split jobs into random remote able jobs. Those are white collar jobs like software engineering, accounting, finance and non remotable jobs. Things like nursing and mechanical engineering, things that require in person work in remote friendly jobs. Young grad unemployment jumped one full percentage point after the pandemic. In non remote jobs there was very little gap between younger and older workers. So that to me shows that there is some sort of durable causation correlation going on here because when you divide it up by jobs that can be achieved remotely, you are seeing that unemployment gap develop right there. So yes, at least the theory on paper is showing that a gap is developing between these two kind of non remote versus remotable jobs.
B
And here's the thing, Gen Z doesn't even want fully remote jobs. In a Gallup survey from May 2025 found that 71% wants a hybrid arrangement, 6% want fully on site work and the rest want fully remote. But that's a small percentage. They're the generation that is most opposed to fully remote roles and they want to see their colleagues in person. Maybe not for five days a week, but at least for a few days a week. Probably because they are younger, they don't have families yet that they're thinking about taking care of. But Gen Z really wants to come in and see their colleagues in person, wants that mentorship, wants that development, but they're not getting it and the they're suffering as a result in the job market.
C
And one other study analyzed data from Fortune 500 tech companies and found that software engineers got 20% more feedback. When you were sitting physically near your co workers after the pandemic, a lot of that feedback plummeted because especially for younger workers, they were sitting at home next to their computer. So you, it's called work osmosis really that you need to pick up on things. How do you handle a sales call? How do you handle a difficult colleague? Once you log off remotely, you have no ability to tap into the knowledge of, of your elder statesman coworkers.
B
Like how much have you have you learned from just sitting next to me over the past couple?
C
I mean I actually was just thinking our job would be infinitely harder because I remember one time where my mom actually was like observing you and I talking through stories and she's like, I don't even know what you guys are saying because we almost do have like a language at this point where we've just sat next to each other for so long that that kind of stuff becomes second nature. And having to do, because I actually have done the job remotely as well. Slack only allows you to convey so much. We do have a very active, you know, slack presence, but you definitely lose part of it and it would just take there's so much more friction to, you know, developing a story lineup when you're not in the same room. This does have long lasting effects through the economy though, because the concern from the New York Fed and the reason why they did this study is that if you have bad early career job market that permanently damages your trajectory as a worker as you go forward. Researchers warn that when you start a career in a weak hiring environment like we're seeing right now, that means you have long lasting wage and promotional disadvantages. So it's not just a current moment thing like these workers will be damaged for the rest of their careers if you know they don't get on the right track because you know, these things compound over time. So whatever the reason, it can be very damaging. Whether it's AI, whether it's remote work. That's the main concern here, is that this is like a failure to launch situation for a lot of these early career workers. Moving on. Ricky Bobby once said, if you ain't first, you're last. And it looks like Anthropic took that to heart. In the race for the public markets, Anthropic has nosed ahead of its rival OpenAI confidentially filing for an IPO yesterday, putting it on track to go public later this fall. A confidential filing is not as spicy as a public filing. We don't get to look under the hood at the cloud maker's financials. It's also not a guarantee that it even makes it to the public markets. Anthropic said in a statement that the filing, quote, gives us the option to go public after the SEC completes its review. As Martin Pierce from the Information wrote, that's not usually what companies say when they announce confidential filings. So the question is, why file at all, especially right after you raised $65 billion in your latest private round. The answer likely stems back to Ricky Bobby's mantra. The fact that Anthropic has made the first move towards the public markets puts it in contrast with OpenAI, which is still trying to get its ducks in a row to go public. Anthropic going first also gives it a chance to set the tone and be the AI company in the public eye. Neil Whatever Anthropic reasoning for the filing, this is a company worth $965 billion and its IPO price will almost certainly exceed that. So pray for San Francisco's housing market.
B
So why is it so important to go first? And it's the same reason you want to be born first. And that's because younger siblings just don't get as much attention. What? As the eldest child, and I know this from firsthand experience as the eldest child, research has shown that IPOs tend to come in industry clusters. So you have maybe all these biotech companies rushing to go public, or in this case you have a bunch of AI companies going to going public and they do this around same time, around the same year and there simply just isn't. It's crazy to think about, but there's not infinite money to spend on these stocks. And you also have the maybe 1.5 to 2 trillion elephant in the room, which is Space X, which is going to gobble up a lot of the attention and a lot of the money when it goes public next week, which it's aiming to. So Anthropic wants to be at least it's not exactly first in line. It is the second in line for these major 1:1/trillion AI companies. And so it really is an advantage to go first because you get the attention and you get the money.
C
The concept that you should know about here is called poisoning the well. So if Anthropic goes public and it flops, then it makes it a lot harder for OpenAI to come later because this exact scenario played out back in 2019 with Uber and Lyft. I don't know if anyone really remembers this at the time, but Lyft went public first and did not do well, which made Uber's eventual public debut not as hot for, you know, the ride sharing industry. So it's not just like you want to be the AI company that people think about when you think about public AI companies. It's the very, it's the fact that you could do poorly and then sink your younger sibling with you as well. Also I talked about how Anthropic may or may not even pull the trigger on this ipo because right now the IPO market is extremely hot. It is wide open. The market loves AI companies. We just saw Cerebra Systems surge 68% on its first trading day. That is a company that makes AI chips. Sigma, even though it's done poorly in the months since, surged 250% on its first day. So the message from investors in the markets right now is saying, hey, we will welcome you with open arms. That could change in a moment though, because we still have a lot of geopolitical tensions out There, you know, the Iran war is still going on, the Strait of Hormuz is still close. So maybe in a few months. Anthropic is looking at the IPO market and saying this is not the time for us. So the benefit of filing now is you give yourself the option of going public when the going is good and if the going gets tough, you don't actually have to pull the trigger.
B
Moving on, it was only a matter of time. All the high protein snacks you've been buying is breaking the whey supply chain. Bloomberg reported that suppliers have run out of the whey protein they sell to food companies, causing a frantic hunt to stockpile the stuff. Prices have risen in kind. Wholesale whey powder prices have jumped by more than 50% since January, according to Fooddive. This is a direct result of Americans insatiable demand for protein, which food makers have responded to by including it in every product imaginable. Starbucks cold foam, Eggo waffles, popcorn, Doritos, Pop Tarts, Kraft Mac and cheese. They all have a high protein version now and dairy farmers can't keep up. Yes, the dairy industry sits at the center of the protein supply chain because they make this stuff. As cheeseheads know, whey is a byproduct of the cheese making process. You separate the curds from the way. Now, historically, whey has been cheap and abundant. Dairy farms couldn't even give it away. An executive at the protein bar startup David told Bloomberg that dairy companies used to approach food companies to try to sell them their whey. Now, due to the protein mania, that relationship has been reversed. Buyers are calling up suppliers to make sure that they have enough way to make their products. Toby as most supply crunches go, this one starts on the more industrial end of the value chain. But eventually it could impact consumers.
C
If we're in the trust right now, not a cheese head did not know that whey came from processing cheese. I guess in the back of my mind I know it separates into curds and whey, but I thought of the different way than the protein powder that actually makes it into your smoothies every morning. And this is a relatively new phenomenon. Farmers used to hate whey. They would dump it in rivers. They did not know what to do with it. They would spread it across their fields, feed it to livestock. But then technology improved whey processing and now it is the go to protein substitute because it's cheap, it's vegetarian, it's very abundant because we have a very robust dairy industry. But processing whey is not something, it almost sounds like the infrastructure at this point, you can't just spin up whey processing in a month. It takes years and a lot of money. One Atlantic reporter was kind of talking to a someone in the industry and they accidentally dropped like, oh, what is a way machine cost? $100,000. And they're like, no, no, no, it's millions of dollars. To get one of these facilities online, it can cost up to $1 billion. So when we talk about a way shortage approaching, and it's kind of here already, it takes a while for the industry to even catch back up to the demand that's out there right now.
B
So what are food companies going to do? They maybe they have a stockpile of whey, but maybe they are scrambling to find supplies. Well, one alternative is to find alternatives, use different types of protein sources to create your protein pop tarts or your protein popcorn. One of those alternatives is milk protein concentrate, which is cheaper. It's a cheaper alternative to whey based products. Other companies are trying to go with pea protein, which is maybe something that those alternative meat companies have tried over the past couple of years. But the problem is when you start putting in new ingredients and you can just use this in your kitchen home, if you use yogurt instead of sour cream or any sort of substitute, you're changing the taste. And for these food companies, they need to make a very, very consistent product. So when you're bringing in a new protein ingredient, it changes the mouthfeel, it changes the flavor, it changes everything. So it's really not easy just to substitute something else for whey protein. So this is a big problem.
C
You know who looks very smart right now is a company you already mentioned, which is David Protein. They have a critical ingredient in their protein bars, which is epg. It's this fat substitute. It's not actually a protein at all, but it is something that allows them to make these very low calories, very protein dense bars and products. They bought their supplier out completely because I think they foresaw something like this coming with whey is that we don't want to be on the short end of the stick when it comes to losing out on the supply of a very critical ingredient. Everyone else in the industry is facing this down with whey right now. They at least secured their partner. So maybe that's something we see going forward is just buying out your supplier to ensure you have the supply so you don't get the rug pulled out from underneath you, which is what is happening to a lot of companies right now. And you mentioned like Changing taste. But it's also some companies are like, we had this protein pancake mix. We substituted a different protein in that way. Now they're dry and dusty. So it is existential to these businesses. You need your inputs to be as good so your outputs remain consistent.
B
My only regret is that we didn't stumble on to this story last week because I did make cheese mozzarella over the weekend. I separated the curds in the way. I got this beautiful ball. But the thing is, when you make mozzarella cheese, you have use a gallon of milk. You have a little cheese ball and then the rest of it is what? It's whey. It's liquid whey. I didn't know how valuable that is. I was literally sitting on a gold mine. I didn't know what to do with it. Could have called up all these protein companies and said, guys, I have whey. But like, no way. Yeah, that's what they would have said. So I maybe, you know, side hustle. That's a side hustle that's coming down the pipeline.
C
All right, we're going to take a quick break and come back with Toby's trends. Right this.
B
Toby, have you ever had to deal with managing a global team?
C
Boy, have I ever.
B
Care to elaborate?
C
Nope.
B
All right then. For everyone else who does, there's deal. They help you hire, manage, pay and equip anyone anywhere.
C
They keep HR payroll and it aligned in one platform so growth doesn't turn into tool sprawl.
B
It can even make the hard parts of global work disappear. So scaling worldwide feels easier than it should.
C
Head to d e l.com Morning Brew to book a demo. That's deal.com/morning brew.
B
Toby, did you know employees who are financially stressed are way more likely to be distracted while at work?
C
What was that? Sorry, I'm really distracted. I've got some questions about this hit to my bank account here.
B
See this? Missed work is estimated to cost employers big bucks annually in lost productivity.
C
That's why Aflac pays claims fast, accurately and fairly. Their plans can help employees focus on getting better and getting back to work.
B
To learn more, just head to aflac.com Morning Brew Daily. That's a F L a c.com/morning brew Daily. Toby, how are your investments looking these days?
C
Great, because all my investments are of the emotional variety.
B
Well, for those of you who are actually serious about investing, there's public.com. with public, you can build a multi asset portfolio of stocks, bonds, options, crypto and more.
C
You can now also create AI agents that can monitor the market, manage your cash, and execute your trades. Just enter a prompt, approve the workflow, and put your agent to work.
B
Head to public.com/morning brew that's public.com/morning brew paid for by Public Investing Full disclosure in Podcast Description and all you can
C
eat Buffet is about as Vegas as it gets Buttery lobster, juicy steak, all for one set price. A concept as alluring as it is slightly sickening. But the quintessential Vegas staple is dying, A trend I want to talk about on today's edition of Toby's Trends, Bloomberg's Gabriel Baumgartner and Kate Crater eulogize the closing of another strip stalwart as MGM's famous Grand Buffet shut down for good at the end of May. That brought the number of all you can eat buffets remaining to a paltry half dozen, down from a heyday where there are more than 10 times that amount around the Strip, according to the report. Buffets were always loss leaders, acting as a deep sea angler fish for casinos, luring in unsuspecting gamblers with the prospect of cheap unlimited food. But Americans are increasingly fending off the temptation. GLP1 drugs are making indulgent overeating a thing in the past, while the average Joe is a lot more health conscious than before. For casinos, the economics stop making sense too, as buffets shutter, food halls have taken their place thanks to a more viable business model. Packing an old buffet space with trendy dining concepts still attracts customers while actually turning a profit at the same time. Neil Sad to see buffets waning in popularity because it means fewer places to chat. And cut to.
B
This isn't the Vegas of old. So traditionally here was the breakdown of how a resort and casino would make money. 75% came from gambling, 25% came from other entertainment. Then the 2000 happened and that ratio completely flipped. It was 75% money coming from entertainment and dining and 25% coming from gambling. So when those when that economics changed, no longer was it viable for for a resort casino to have a buffet as a loss leader. And that's what these were. And that's why we're seeing basically the death of them from over 100 to now.
C
6 It is bizarre though to see Vegas kind of departing from this uniquely American phenomenon, though, because buffets just represent so many things that you think that a gambler descending upon Vegas likes, which is excess, which is value hunting, which is gluttony, abundance. All of these things are wrapped up in the appeal of an all you can eat Buffet. But over time, it started, became gamified in a. In a sense that made it less, you know, this uniquely American thing and more just like an Internet phenomenon. There is. There's a bunch of influencers called beat the buffet influencers that built an entire subculture around trying to maximize the calories per dollar by targeting the most expensive items. The fundamental underpinning of a buffet model is fill up on. They want you to fill up on rice, they want you to fill up on pasta, the inexpensive things. If people come in saying, I'm going to target the caviar, I'm going to target the lobster, all of a sudden your model starts to break down. So maybe that was also part of it, is people just started over optimizing it, and therefore the economics no longer worked.
B
But we shouldn't eulogize the buffet in general because they're seeing a revival. It just doesn't look exactly like what you might see in Vegas. According to Yelp, their 2026 trends forecast, they said there was a 252% increase in searches for all you can eat buffets near me. Perhaps that is driven by affordability concerns and inflation, but it's also driven by Asian cuisine. So if you look at a hot. A hot pot chain like K Pop, which also does Korean Barbecue, they had three locations in 2020. Now they have more than 150 open. They're expecting to have that by the end of the calendar year. So buffets haven't really gone anywhere. They're just changing.
C
What is your buffet strategy? Do you have one?
B
It's. What is my face?
C
I'll tell you mine. I'll tell you mine. While you think it's. I am a perfect customer buffets because I load up on desserts because I.
B
What are you doing?
C
Because I don't want to go back. So my plate will have. This is kind of gross. I will have my entrees touching my, like, you know, brownies and desserts because it's just right there. So I fill up on desserts way too early. So I think I am the ideal customer for them.
B
My buffet strategy is a little bit of everything, because that's what I like. I want to taste every single thing there. So maybe I'll just take like one morsel of every single thing there. Fill up my plate with something that looks like the entire buffet, because I just want to taste everything. I want to get all those different flavors in my mouth. So that's particularly my strategy.
C
I could do some damage at the sushi portion. Though, and that is something that they don't want me doing. All right, let's spread to the finish with some final headlines. Google, the most profitable business in the world, is finding it hard to fund their AI buildout. The company announced yesterday it's raising $80 billion in one of the largest equity deals in history, mostly through stock offerings, but it's also through a $10 billion deal with Berkshire Hathaway. Greg Abel, who took over from Buffett last year, had already been building a Google stake and now he's doubling down by helping Google fund its AI ambitions. But the question is why does one of the most profitable companies on earth need to raise $80 billion? Google is spending $190 billion in capex index this year alone, double last year. And their CFO says 2027 would be significantly higher. One analyst put their spending at 300 billion by 2030. So it's using its high share price right now to fund some of those future efforts. Neal, even the second most valuable company in the world has to pass around the hat sometimes.
B
And Greg Abel is happy to toss in a few coins. Berkshire Hathaway has a cash pile that's up to $397 billion at the end of the first quarter. And he's starting to spend a little bit of that. 10 billion is going to Google. And then also just 24 hours before the Google announcement, Berkshire Hathaway announced that it was going to buy the homebuilder, one of the biggest homebuilders in the United States, Taylor Morrison, for $6.8 billion. Many are seeing this as a bet that the housing market, which has been frozen over for years, will start to rebound. But so you still get $10 billion to Google, 6.8 billion to the homebuilder. Still a rounding For Greg, change leftover 397 billion cash pile. But you are starting to see memes of Greg Abel of being like Berkshire Hathaway after Warren Buffett. It's Greg Abel at a roulette table spending, you know, what is a margin of error for their entire cash pile. But it was interesting, people noted that Berkshire Hathaway also revealed that it sold a lot of stocks completely out of its positions in consumer stocks like Visa, MasterCard, Domino's Pizza. Maybe that's a warning sign for the consumer, at least. In Omaha, Serena Williams is returning to tennis. The 23 time Grand Slam singles champion announced she'll be competing at Queens. The warm up to Wimbledon in the doubles event paired with Canada's Victoria Mboco. It'll be the first competitive tennis Serena's played in nearly four years. Her final match came at the 2022 US Open after she revealed she would be, quote, evolving away from her pro tennis career. Clearly those words were chosen carefully since she didn't write retiring now 44, Serena's return will be incredibly intriguing to see how she'd fare against the current top crop of the sport like Coco Gauff, Zabalenka and Swiatek players who grew up worshiping her as kids. Toby, the big question you have to ask is does this mean she'll play in Wimbledon?
C
I really hope she does. It's sports are more fun when Serena is involved. But while I was researching this story, I went to tennis.com in the article that they decided to run with this is Serena is coming back. What does that mean for GLP1s in sport? Because remember, Serena has been one of the highest profile athletes to publicly admit and also publicly endorse these weight loss drugs. And the crux of the article was basically answering questions of whether GLP1s are currently legal in sports. And according to the drug agency that oversees tennis Zepbound, Ozempic, Wegovy, Majaro, these are all currently permitted in competition. So some people are looking on very interestedly on the performance side of the equation. We've never really seen an athlete of the caliber of Serena Williams return to competition while on these drugs, so maybe it will be something where it shows that it leads to lower joint stress and improved metabolic health, which we've seen in those outcomes with other non elite athletes. Maybe there's drawbacks though, like fatigue, lean muscle loss. So it's going to be a fascinating case study into how GLP1s perform at the very highest level of athletics.
B
And we saw her sister Venus come back as a year older last year and win a few games in a particular tournament. So yes, this would provide a real jolt to tennis and be really fun to watch. Serena, please play in Wimbledon Finally, TS is coming out with new music for TS Taylor Swift announced that she's written and performed a new song for the soundtrack of Toy Story 5 called I Knew It, I Knew you that will be released this Friday, June 5th. Co written and co produced with Jack Antonoff, who's worked with Swift on a bunch of her other albums, and the song is billed as a return to her country roots. The track will bolster the already legendary music portfolio of the Toy Story franchise, which includes Randy Newman's classic you've Got a Friend in Me for the Original and Sarah McLachlan's When She Loved Me in Toy Story 2. Maybe Swift is angling for an Oscar herself, which would make her one Tony Award away from an egot.
C
So I followed down the Swifty rabbit hole here because they were expecting this because as Taylor Swift does, she left a lot of Easter eggs in the promotional materials leading up to the song being release. The first one that people noticed was a mysterious countdown appeared on her website with clouds that looked much like Toy Story clouds. They also counted exactly 13 of the clouds in the promo image imagery. That is Taylor's signature lucky number. She also stepped outside and paparazzi razzis caught her while wearing an outfit that included all of the Toy Story colors in it. I'm telling you, they were going rolling my eyes. But then on May 27, there was a fake out because producers of the Toy Story movie said actually Taylor is not involved. So that led all these Swifties to say, well, what the heck have we been getting excited for? But then more Easter eggs started kind of trailing out. There was TS billboards. TS could stand for Toy Story or Taylor Swift. Also, somehow Travis Kelsey got involved. He reposted a picture of some of Taylor Swift's dancers where one of them was wearing a Buzz Lightyear Lightyear shirt. And everyone's like, like, Travis never reposts things on Instagram. This must mean something. And turns out the Swifties are never wrong. Their Swifty senses were tingling. And she is in fact involved in the movie.
B
How do they have jobs?
C
I don't know.
B
This is a lot to follow.
C
This took me a long time to put together actually, because I was like. And I didn't even actually get to all the Easter eggs. But if you want to go deeper down the rabbit hole, there's a Reddit forums for you as well.
B
Disney is going full bore marketing. It's Toy Story 5 because they're probably sitting there being like, like, good God, we, we are start our new Star wars movie. The first in 7 years. Just got lapped by these 20 year old youtubers that are making horror movies. We can't let this happen again. So this movie is coming out June 19, Toy Story 5, and they're saying we need, we need to pull in the big guns here. We need it. We need Taylor Swift.
C
The only thing to do is make Toy Story 6 helmed by a 20 year old YouTuber and make it a horror movie. That's the only thing to make it successful.
B
It already is a horror movie. I mean, some parts of the original, I remember being a little. A little scared. Okay. That is all the time we have. Thanks so much for starting your morning with us. Have a wonderful Tuesday. To share your thoughts on the episode or anything else, send an email to Morning Brew daily at Morning Broadcom or DM us on Instagram @MB Daily show let's roll the credits. Emily Milian is our supervising producer, Raymond Liu is our senior producer, our producer is Olivia Graham and our associate producer is Olivia Lake. Technical direction by Nina Miller. Hair and makeup had a little too much at the bottom buffet last night. Devin Emery is our president and our show is a production of Morning Brew.
C
Great show, Danielle. Let's run it back tomorrow.
D
Your next chapter in healthcare starts at Carrington College's School of Nursing in Portland. Join us for our open house on Tuesday, January 13th from 4 to 7pm you'll tour our camp office, see live demos, meet instructors and learn about our Associate Degree in Nursing program that prepares you to become a registered nurse. Take the first step toward your nursing career. Save your spot now at Carrington. Edu Events. For information on program outcomes, visit carrington. Edu Sci.
In this lively and insightful episode, Neal and Toby break down:
(00:50–02:28)
(03:06–06:47)
Key Insights:
Toby’s Take:
(06:53–11:48)
(11:48–16:47)
(18:36–22:56)
(22:56–29:43)
Google’s $80B Capital Raise for AI
Serena Williams Returns to Tennis
Taylor Swift’s Toy Story 5 Song
For more details, listen to the full episode — but now you’re caught up on all the critical conversations from Morning Brew Daily, June 2, 2026!