October 29, 2026 · 00:14:31
Amazon's $220 Billion AI Bet, the Weight-Loss Drug Boom, and Starbucks' $1 Billion Matcha Business
Amazon is preparing to spend $220 billion on AI infrastructure, but investors are questioning when that investment will pay off. Eli Lilly just raised its revenue forecast by $5 billion as demand for weight-loss drugs continues to surge. And Starbucks has quietly built a $1 billion matcha business. Plus, the U.S. economy grew at a 3.4% annual pace, inflation remains stubbornly high, and the stock market is showing signs of a growing divide between technology giants and the rest of the market. I'm Derek Drew, and this is Drewscast. What's happening. Why it matters. What everyone else is missing. Listen, subscribe, and share Drewscast with someone who likes understanding the story behind the numbers.
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