Post-Literacy Podcast Summaries

Memory chip giant SK Hynix raises record-breaking $26 billion in US IPO

Morning Brew Daily

Jul 10, 2026

While private equity is often blamed for the downfall of retail giants, companies like Michaels and Barnes & Noble are thriving under PE ownership. By providing the capital and operational flexibility to pivot toward analog hobbies and experiential retail, these firms are fueling turnarounds that public market pressures often stifle.

Key insight: Just 20% of American adults account for more than 80% of all books read, highlighting a massive disparity in reading habits despite a thriving book industry.