Trump's Tariffs and Tirades Fuel Market Mayhem | Pivot
Episode Description
Kara Swisher and Scott Galloway break down how Trump's talk on tariffs, and his attacks on Fed Chair Jerome Powell caused markets to seesaw. Then, Elon Musk retreats from DOGE as Tesla faces brutal earnings. Plus, Instagram co-founder Kevin Systrom testifies in the Meta antitrust trial, Sarah Palin loses her libel case against The New York Times, and new details emerge from the newly discovered will of late Zappos CEO Tony Hsieh.
Timestamps: 00:00 Intro 7:58 Instagram Co-Founder’s Testimony Against Meta 18:19 Meta and Apple Fined By EU 21:28 Sarah Palin Loses NYT Suit 25:07 Late Zappos Co-Founder’s Newly Found Will 30:17 Elon Stepping Back from DOGE 32:11 Elon and Tesla’s Future 49:44 Trump Sparks Market Mayhem 1:01:32 Predictions
Producers: Lara Naaman Zoë Marcus Taylor Griffin
Video Editor: Jim Mackil
Vox Media's Executive Producer of Podcasts: Nishat Kurwa
Send us your questions by calling us at 855-51-PIVOT, or at https://podcasts.voxmedia.com/show/pivot
Brief Summary
Cara and Scott discuss Webbys wins, Musk's Tesla focus, and Systrom's Instagram testimony, analyzing impacts on brand America and tech industry dynamics.
Key points
- Webbby Award Wins. Pivot celebrates winning the Webbby award and the people's choice award for best business podcast.
- Meta and Apple Fined. Meta and Apple face fines for violating the EU's digital markets act, marking a significant enforcement of antitrust rules.
- Sarah Palin Loses Defamation Lawsuit. Former Alaska Governor Sarah Palin lost her retrial against the New York Times over a 2017 editorial.
- Tony Shay's Last Will Revealed. Zappos co-founder Tony Shay's will was found, detailing his plans for his fortune.
- Elon Musk Scales Back at Doge. Elon Musk announces he is scaling back his work at Doge to focus on Tesla.
- Trump's Tariff Turmoil. Trump's comments on tariffs create chaos in the markets, leading to a major selloff.
Ask about Pivot with Kara Swisher and Scott Galloway
Episode highlights
- Webbby Award WinsPivot celebrates winning the Webbby award and the people's choice award for best business podcast.“Oh my god. I just want to thank the academy.”0:30Apr 25, 2025
- Meta and Apple FinedMeta and Apple face fines for violating the EU's digital markets act, marking a significant enforcement of antitrust rules.“Meta about 230 million. Apple's 570 million.”18:18Apr 25, 2025
- Sarah Palin Loses Defamation LawsuitFormer Alaska Governor Sarah Palin lost her retrial against the New York Times over a 2017 editorial.“The bar for actual malice is high.”21:42Apr 25, 2025
- Tony Shay's Last Will RevealedZappos co-founder Tony Shay's will was found, detailing his plans for his fortune.“It was a sad end to a lovely person who was quite troubled.”25:21Apr 25, 2025
- Elon Musk Scales Back at DogeElon Musk announces he is scaling back his work at Doge to focus on Tesla.“Elon says he's scaling back this time at Doge starting in May.”30:21Apr 25, 2025
- Trump's Tariff TurmoilTrump's comments on tariffs create chaos in the markets, leading to a major selloff.“Trump's attacks on the Fed chair rattled the market earlier this week.”49:47Apr 25, 2025
- The Reckoning of Brand AmericaThe erosion of America's brand leads to toxic uncertainty in global negotiations.“All we've done here is massively erode brand America.”56:25Apr 25, 2025
- Alphabet's Future Looks BrightDespite challenges, confidence remains high in Alphabet's performance.“I think rumors of Alphabet's struggles have been greatly exaggerated.”1:01:42Apr 25, 2025
