4.2 • 365 Ratings
🗓️ 11 April 2025
⏱️ 32 minutes
🔗️ Recording | iTunes | RSS
🧾️ Download transcript
Click on a timestamp to play from that location
0:00.0 | This episode is brought to you by Affinity, the most trusted CRM for private capital. |
0:17.2 | Hello and welcome back to Equity, TechCrunch's flagship podcast about the business of startups. |
0:23.8 | Today is Friday, April 11th. |
0:25.9 | I'm Kirsten Koresk, Transportation Editor at TechCrunch. |
0:29.2 | I'm Max Zeph, a senior reporter with TechCrunch. |
0:31.8 | And I'm Anthony Ha, weekend editor at TechCrunch. |
0:34.4 | And there are all kinds of insane things we could talk about from this |
0:37.5 | past week. And we'll get into some of them. But Max, I think you were going to start us off with |
0:41.0 | something crazy that happened at the very beginning of the week. Yeah. So this week got off to a |
0:46.0 | crazy start when on Monday a news aggregator account on X known as Walter Bloomberg, |
0:52.0 | which has no connection to Bloomberg news, posted a false report declaring |
0:56.1 | that President Trump was considering a 90-day pause on his controversial tariff proposal. |
1:01.8 | The headline that he posted, which is since deleted, Hasse, Trump is considering a 90-day pause |
1:08.0 | in tariffs for all countries except China. This caused a huge surge in the stock market, but then when it was found out to be true, |
1:14.5 | it plummeted. |
1:15.6 | But this was all the more confusing when on Wednesday Trump actually announced this exact thing. |
1:20.9 | I was going to say, I was going to jump in and be like, was it false? |
1:24.9 | Because in the end, it ended up being 98 pause and tariffs, which we're going to probably |
1:29.3 | talk about later. |
1:30.2 | But I did want to note that in that surge, basically it was a whipsaw event. |
1:34.6 | So extreme volatility in a short period of time over about 30 minutes, $2.4 trillion or so |
1:42.8 | was lost. |
... |
Transcript will be available on the free plan in 21 days. Upgrade to see the full transcript now.
Disclaimer: The podcast and artwork embedded on this page are from TechCrunch, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of TechCrunch and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.