Plus: Apple strikes a $500 million deal to buy rare-earth magnets from U.S. supplier MP Materials. And, Tesla’s top North American sales executive leaves the company amid slump. Julie Chang hosts.
Plus: JPMorgan Chase reported a better-than-expected profit for the second quarter. And a top sales executive at Tesla has left the company. Pierre Bienaimé hosts.
Plus: Ericsson earnings beat forecasts. And, Oracle pledges $3 billion for AI, cloud infrastructure in Germany and the Netherlands. Ariana Aspuru hosts.
A.M. Edition for July 15. Nvidia says it’s received assurances it can sell its H20 AI chips in China, days after CEO Jensen Huang met President Trump. Beijing bureau chief Jonathan Cheng breaks down how the announcement could tie into broader U.S.-China trade talks. Plus, bank earnings and fresh inflation data are poised to give investors dual snapshots of the state of the economy. And WSJ’s Jack Pitcher explains that while the U.S. dollar’s continued weakness is bad news for American travelers this summer, it’s not the worst thing for U.S. companies this earnings season. Luke Vargas hosts.
The rise of artificial intelligence could reshape the music business just as it has sparked headlines and fear around the corporate world. Recording Academy CEO Harvey Mason Jr. joins host Patrick Coffee to discuss how the new technology will likely swamp listeners with millions of AI-generated songs, but could also help composers overcome writers’ block and craft better hooks.
President Trump threatened new tariffs on Russia, Mexico and the EU. Plus: Crypto-sensitive stocks rose, as bitcoin prices rallied to another high. Kenvue shares rose after the maker of Tylenol and Benadryl named a new interim CEO. Volvo shares fell after the company said it would take a non-cash impairment charge. And, Warner Bros. Discovery had a good opening weekend with its new “Superman” movie, sending its shares higher. Charlotte Gartenberg hosts.
P.M. Edition for July 14. Private credit may be Wall Street’s hottest trend, but JPMorgan Chase CEO Jamie Dimon has said that it’s a recipe for a financial crisis. So why is the bank investing $50 billion in private credit anyway? Alexander Saeedy, who covers banks and finance for the Journal, explains. Plus, businesses are looking for new ways—some legal, some not—to avoid President Trump’s tariffs. WSJ reporter Corinne Ramey joins to discuss how they’re doing it and why, for the first time, the Justice Department is cracking down on tariff cheaters. And President Trump puts pressure on Russia by threatening 100% tariffs and a deal with NATO to provide weapons to Ukraine. Alex Ossola hosts.
Plus: Grayscale Investments has confidentially filed plans to go public. And, shares of semiconductor companies in Europe fell after President Trump said the U.S. would charge a 30% tariff on goods from the European Union effective Aug. 1. Julie Chang hosts.
Plus: Becton Dickinson will divest its biosciences and diagnostic solutions business to Waters Corp. for around $17.5 billion. And at least nine people were killed after a fire tore through an assisted living facility in Massachusetts.