Markets Wrap Up a Shaky Q1 & Elon Musk Sells ‘X’ To... 'xAI'

Morning Brew Daily

Morning Brew

News, Business, Business News

4.4 • 2.8K Ratings

🗓️ 31 March 2025

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

Episode 550: Neal and Toby recap a wild first quarter of markets all around the world. Then, Elon Musk sells X to xAI to create one single entity. Also, Trump pardons some prominent business leaders found guilty of fraud. Plus, the New York Yankees unveil a new hefty bat that looks like a bowling pin, but apparently doesn’t break the rules. Meanwhile, HBO’s ‘The White Lotus’ may be a favorite among many, except for one – as in the #1 seed Duke University. Finally, what’s coming in the week ahead. 00:00 - East Coast weather gap 2:15 - Q1 markets recap 8:20 - X gon’ give it to ya 12:00 - Fraudsters freed 15:30 - Big bat energy 19:00 - Duke v. White Lotus 22:30 - Week Ahead Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. Learn more at taxact.com Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This episode is brought to you by Vanta.
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0:22.0	to help your team stay compliant.
0:24.2	Head to vanta.com slash Spotify to learn more.
0:30.4	Good morning, Brew Daily Show.
0:32.5	I'm Neil Fryman.
0:33.3	And I'm Toby Howell.
0:34.2	Today, why Elon Musk sold one of his companies to Elon Musk.
0:38.1	Then we'll recap the wobbly first quarter Wall Street has had to kick off the year.
0:42.7	It's Monday, March 31st. Let's ride.
0:51.1	What a difference 200 miles makes.
0:53.8	On Saturday, New York City was in full on summer mode as
0:57.7	temperatures reached 80 degrees, but just up by 95, the weather could not have been any different.
1:02.9	On the same day, people living in Boston were hit with freezing rain and temps in the mid-30s.
1:07.8	That 45-degree temperature gap between Boston and New York City isn't just
1:11.9	good material for small talk. It's history. Meteorologists said it was the widest temperature
1:17.0	difference between the two cities on record. Meanwhile, in Connecticut, they couldn't decide which
1:22.1	side to take per usual. I mean, it was snowing briefly in Boston. Meanwhile, you and me, Neil, we were golfing
	...

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