Plus: Apple struggles to meet iPhone demand. And LG Electronics reports its first net loss in a year. Julie Chang hosts.
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Plus: Apple struggles to meet iPhone demand. And LG Electronics reports its first net loss in a year. Julie Chang hosts.
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Plus: OpenAI plans a fourth-quarter IPO in the race to beat Anthropic to market. And investor concerns over future component costs overshadow Apple’s blowout iPhone sales. Luke Vargas hosts.
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A.M. Edition for Jan. 30. President Trump is reportedly planning to announce his choice to succeed Jerome Powell as Fed chair today: former Fed governor Kevin Warsh. WSJ finance editor Alex Frangos tells us it’s unclear which version of the central bank insider-turned-critic Trump would get. Plus, OpenAI says its hotly-anticipated public offering may come in the fourth quarter. And despite massive iPhone 17 sales, Apple investors are focussed on rising component costs that could hit the company’s bottom line. Luke Vargas hosts.
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Electronic junk gathering dust in a drawer could be the key to loosening China’s grip on rare earth metals. WSJ energy columnist Ed Ballard takes us through the latest chapter in technology recycling. Plus, Meta and Microsoft have both invested extraordinary amounts of capital in AI, but their stock market fortunes are diverging. WSJ Heard on the Street columnist Dan Gallagher explains why.
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P.M. Edition for Jan. 29. In an exclusive, we’re reporting that Amazon is in talks for an investment of up to $50 billion in OpenAI—a big bet on the startup that would deepen the relationship between the two companies. Plus, White House border czar Tom Homan said he’s working on a plan to draw down immigration officers in Minneapolis. Immigration reporter Michelle Hackman says that could mean changes on the ground in the city. And even as much of the U.S. is in a housing slump, sales of the most expensive homes are booming. Journal reporter Katherine Clarke discusses what’s behind the rise. Alex Ossola hosts.
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Plus: NHTSA investigates Waymo after its robotaxi hit a child. And Apple posts blowout iPhone sales. Julie Chang hosts.
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Microsoft led tech shares’ declines. Plus: Southwest Airlines stock jumps after announcing it will begin seat assignments. Katherine Sullivan hosts.
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An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.
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Plus: Chemicals company Dow is cutting 4,500 employees and will lean on artificial intelligence and automation. And federal prosecutors indict First Brands founder Patrick James on charges of defrauding lenders. Pierre Bienaimé hosts.
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Plus: Tesla plans to convert its Fremont factory to produce Optimus robots. And Dow to cut 4,500 employees in AI overhaul. Julie Chang hosts.
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Plus: Gold has hit another record - topping the $5,500 mark for the first time - as the rush to precious metals continues. And demand for chips sends Samsung earnings to new highs. Luke Vargas hosts.
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