meta_pixel
Tapesearch Logo
Log in
Morning Brew Daily

The Fed Slashes Rates Again & Big Tech’s Endless AI Spending

Morning Brew Daily

Morning Brew

Business, News, Business News

4.43K Ratings

🗓️ 30 October 2025

⏱️ 30 minutes

🧾️ Download transcript

Summary

Episode 703: Neal and Toby recap big tech earnings coming from Meta, Microsoft, and Alphabet. Then, the Fed makes its 2nd rate cut for the year as well as ending the effort to reduce its balance sheet, all while acknowledging the data blackout from the government shutdown. Also, ‘A House of Dynamite’ might have just made a big boom…but in the wrong place as the Pentagon vehemently rejects how the US missile defense system is portrayed. Next, Neal shares his favorite numbers on the fried chicken wars, animal actors, and PTO.  Learn more at disneycampaignmanager.com  Can you climb the MBD Ladder? https://forms.gle/VQEAuctf696J9uzn9 Get your MBD live show tickets here! https://www.tinyurl.com/MBD-HOLIDAY  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. Listen to Morning Brew Daily Here:⁠ ⁠⁠https://www.swap.fm/l/mbd-note⁠⁠⁠  Watch Morning Brew Daily Here:⁠ ⁠⁠https://www.youtube.com/@MorningBrewDailyShow⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Good morning Brew Daily Show. I'm Neil Fryman. And I'm Toby Howell. Today, how one sentence by Jerome Powell sent Markets tumbling. Then Netflix's new movie is a ruffling feathers at the Pentagon. It, wow, that went even better than I expected.

0:31.1

Hasn't happened to be, but it did just happen over in South Korea, where President Trump

0:35.4

and Chinese President Xi Jinping held the summit

0:37.6

and agreed to lower the temperature on the trade war. I would say on a scale from 1 to 10,

0:42.9

with 10 being the best, I would say the meeting was a 12, Trump said, in a sentence that has

0:47.6

never before been uttered in human history. That's because Trump announced that he would lower

0:51.6

tariffs on Chinese imports by 10 percentage points to 47 percent And in exchange, China would delay restrictions on those key rare earths

0:59.4

minerals for a year and resume purchasing American soybeans. That's what he said. What did she say?

1:05.7

Both sides should focus on the bigger picture and the long-term benefits of cooperation

1:09.3

rather than fall into a vicious

1:11.3

cycle of mutual retaliation, according to a readout.

1:14.4

You may have been locked in on the meeting and the de-escalating trade war, but I was locked in

1:18.7

on something far more important, the length of Trump and Xi's handshake.

1:22.9

I was cruising prediction market site Kalsi yesterday and saw a market for how long the two

1:26.8

leaders would shake hands for.

1:28.6

Six to ten seconds was by far the favorite.

1:31.9

But when they actually met, the handshake went on for 24 and a half seconds.

1:36.7

That is a long handshake.

1:38.6

Maybe there's a direct correlation between the quality of the meeting, the de-escalation

1:42.7

of tariffs, and the length of a

1:44.5

handshake. All I'm saying is next time they meet, shake hands for a minute and see what happens. Maybe tariffs go to zero. They were just holding hands for the majority of it while taking picture. So I don't know if that's technically a handshake because they weren't moving in an up and down or back-and-forth direction. There was a little movement going on. I might take this up with Cal Sheep. Okay, now a word from our sponsor, Disney campaign manager.

2:04.4

Picture the right audience for your marketing campaign and picture them where they're most engaged.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Morning Brew, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Morning Brew and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.