Walmart to hire a former Instacart executive to lead its AI ambitions. Google’s parent company Alphabet and Tesla release earnings. Ariana Aspuru hosts.
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Walmart to hire a former Instacart executive to lead its AI ambitions. Google’s parent company Alphabet and Tesla release earnings. Ariana Aspuru hosts.
Learn more about your ad choices. Visit megaphone.fm/adchoices
P.M. Edition for July 23. Attorney General Pam Bondi also told the president that the Justice Department had decided to not release more Jeffrey Epstein documents because of the presence of child pornography and to protect victims. Plus, as President Trump hails the trade deal the U.S. struck with Japan, American automakers have criticized it. WSJ autos reporter Ryan Felton discusses their reasoning, and why the companies’ stocks are rallying anyway. And as the Trump administration pledges to stimulate the use of artificial intelligence in the U.S., companies are already scrambling over the rising popularity of AI search. We hear from WSJ marketing reporter Patrick Coffee about what marketers are doing about it. Alex Ossola hosts.
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U.S. stocks climb as European Union negotiates trade deal. Plus: AT&T gains more wireless and internet subscribers than expected. Hilton Worldwide posts better-than-projected results. Earnings forecast for Texas Instruments disappoints analysts. And Google parent Alphabet’s stock takes a hit after earnings report. Charlotte Gartenberg hosts.
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Plus, a probe finds that Klaus Schwab, the founder of the World Economic Forum, engaged in a pattern of misconduct. And the U.K.’s competition watchdog is proposing new guardrails on Apple and Google’s mobile platforms. Alex Ossola hosts.
CORRECTION: Home sales in June fell to a nine-month low. An earlier version of this podcast incorrectly said home sales fell to a 10-month low.
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Amazon is buying an AI-powered wearable bracelet maker that records your conversations. And, AT&T adds wireless and home-internet subscribers. Ariana Aspuru hosts.
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Plus: President Trump leverages global trade disputes to protect the interests of the U.S. technology sector. And, regulators investigate Morgan Stanley over whether it properly vetted its clients for money-laundering risks. Kate Bullivant hosts.
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A.M. Edition for July 23. President Trump says that he will set tariffs on the country at 15%. The WSJ’s Jason Douglas says the deal helps Japan’s crucial automotive sector. Plus, Trump lashes out at his perceived political enemies, including Barack Obama, as the president faces more questions about Jeffrey Epstein. And how younger individual investors are cheering on a new clutch of meme stocks. Azhar Sukri hosts.
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Shares in retailer Kohl's jumped as investors discussed whether it was the next meme stock. Coca-Cola reported mixed quarterly results. Philip Morris quarterly revenue missed forecasts. Lockheed Martin 's quarterly profit was hit by more than $1.7 billion in charges last quarter. And, General Motors saw net income shrink 35% last quarter, as tariffs weighed. Charlotte Gartenberg hosts.
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P.M. Edition for July 22. To keep his company competitive in a wild and costly AI battle, Elon Musk is seeking up to $12 billion for xAI as it looks to build a new data center. Plus, Republican leaders in the House have cut short this week’s session as the furor over disclosures from the Jeffrey Epstein investigation continues. “Buy now, pay later” plans become more popular among Americans, but they might hurt their chances of mortgage or credit-card approval. WSJ personal economics reporter Imani Moise discusses why banks are worried about the rise of “buy now, pay later.” Alex Ossola hosts.
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China has now supercharged its EV industry. Nokia cuts its outlook due to tariff and currency concerns. Ariana Aspuru hosts.
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