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Which companies’ shares are under the sway of meme traders this summer? And why did Chipotle’s sales alarm investors? Plus, why did a trade-war development boost shares of Japanese automaker Toyota? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them.
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Which companies’ shares are under the sway of meme traders this summer? And why did Chipotle’s sales alarm investors? Plus, why did a trade-war development boost shares of Japanese automaker Toyota? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them.
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The Nasdaq also rose to fresh highs as progress in trade talks bolstered markets. Plus: Intel shares fell after it reported a wider quarterly loss and announced 15% of staff will be laid off. And Samuel Adams brewer Boston Beer said it expects tariffs to have a more moderate effect on its costs. Danny Lewis hosts.
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P.M. Edition for July 25. American corporations have paid much of the additional $55 billion in tariffs that the U.S. has collected this year. WSJ economics reporter Jeanne Whalen explains why these companies are footing the bill, and when we might expect to see those costs passed on to consumers. Plus, earlier this week Columbia University agreed to pay the Trump administration $200 million to restore its federal funding. We hear from WSJ White House reporter Natalie Andrews about how this agreement may provide a blueprint for negotiations with other schools. And banks are getting picky about who they want as credit card customers. WSJ personal economics reporter Imani Moise discusses what kinds of customers they’re looking for, and the impact this higher bar could have on consumers. Alex Ossola hosts.
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Plus: Imax reported better-than-expected second quarter results. And, Kentucky sues Temu over China-linked security threat. Ariana Aspuru hosts.
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Plus: The Trump administration sues New York City over sanctuary policies. And Meta stops all political advertisements on its social platforms in the EU. Zoe Kuhlkin hosts.
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Plus: Profits in LG Electronics slip as the company weighs tariff impacts. And, a failed Microsoft security patch led to a new China-linked hack. Ariana Aspuru hosts.
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Plus: Volkswagen lowers its financial guidance after earnings were hit by tariff costs. And, a U.S. regulator approves Skydance’s merger with Paramount Global. Azhar Sukri hosts.
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A.M. Edition for July 25. The latest setback in the Trump administration’s drive to end the war between Israel and Hamas comes amid acute food shortages in Gaza, with the WSJ’s Feliz Solomon saying child hunger is rapidly increasing across the enclave. Plus, a new Wall Street Journal poll finds President Trump’s political standing has been buoyed by voters’ improving views of the economy. And LVMH chief Bernard Arnault is working friendships on both sides of the Atlantic in a bid to avert a trade war - and insulate his luxury empire. Azhar Sukri hosts.
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Names like Laundry Bear and Chatty Spider don’t exactly inspire fear, but cybersecurity professionals have long used them as shorthand for hacker groups out to spread havoc around the world. Now, some online-security pros are trying to end this cute trend. Plus, employees looking for a reward after using AI tools to finish their work faster will probably be disappointed. Patrick Coffee hosts.
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