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Morning Brew Daily

Did DeepSeek Steal From OpenAI? & The Fed Holds Interest Rates Steady

30 Jan 2025

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Episode 508: Neal and Toby recap earnings reports from Meta and Microsoft that show business is well and good, while Tesla is still struggling to get out of its rut. Also, Microsoft is looking into if DeepSeek improperly stole OpenAI data for its training model. Then, the first Fed meeting under Trump happened and it looks like rates… Are… Staying the same. Fed Chair Jerome Powell thinks it’s too early to make any sudden moves despite public demands from Trump. Also, RFK Jr. sits before the Senate during his confirmation for Healthcare Secretary pick. Meanwhile, Neal shares his favorite numbers on Super Bowl ads, Bruno Mars, and the sickest trick from the X Games. Lastly, final headlines to end your day!  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. Download the Yahoo! Finance App (on the Play and App store) for real-time alerts on news and insights tailored to your portfolio and stock watchlists. Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow

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Full Episode

0.329 - 20.884 Sponsor/Ad Read Voice

This episode is brought to you by Wise Business. The Wise Business account has everything you need to do business globally. It's a one-stop shop for all your international business finances. You can get paid, pay vendors and suppliers, and manage your business finances in 40 currencies. With Wise Business, there are no hidden fees, markups on the exchange rate, and no ongoing subscription costs.

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21.064 - 26.088 Sponsor/Ad Read Voice

Get started today at wise.com slash business. That's wise.com slash business.

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29.261 - 39.39 Neal Freiman

Good morning, Brew Daily Show. I'm Neil Freiman. And I'm Toby Howell. Today, OpenAI suspects that China's DeepSeek was ripping off its models. How rich.

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39.891 - 49.72 Toby Howell

Then it was a tense three and a half hours in D.C. as RFK Jr. interviewed for the nation's top health job. It's Wednesday, January 30th. Let's ride. Let's ride.

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55.074 - 74.812 Neal Freiman

A tragedy is unfolding in Washington, D.C. this morning after a regional jet operated for American Airlines collided with a military helicopter as the plane attempted to land at Ronald Reagan National Airport around 9 p.m. local time. 64 people were on the flight, 60 passengers and four crew members, and many are feared dead.

75.273 - 87.858 Neal Freiman

A massive search and rescue operation was launched overnight in the Potomac River, with about 300 responders scouring the freezing water in tough, frigid conditions. As of 6 a.m. Eastern, at least 19 bodies had been recovered.

88.118 - 109.948 Toby Howell

And among those members on the flight were some members of the U.S. figure skating community, as well as two former world champion Russian skaters. They were returning from a training camp that follows the U.S. figure skating championships in Wichita, Kansas. I also just want to stress how rare this is. This was the first major commercial aircraft in the United States in the last 16 years.

110.269 - 126.001 Toby Howell

So we'll be keeping an eye on things as more updates come in throughout the morning and our thoughts go out to the figure skating community and anyone else affected by this crash. Now a word from our sponsor, Yahoo Finance. Neil, big earnings day yesterday. Meta, Microsoft, Tesla, oh my.

126.161 - 135.427 Neal Freiman

Have I ever told you about my idea for covering big tech earnings? I want to host a college game day-ass show where we get a panel of analysts together to react when the earnings drop.

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