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Plus: Shopify, Disney, Uber and Siemens Energy report strong second-quarter earnings. And Apple may soon announce an investment in the U.S., according to National Economic Council director Kevin Hassett. Ariana Aspuru hosts.
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Plus: Sales of Novo Nordisk’s Wegovy soar despite more Americans opting for generic weight-loss drugs. And, the NFL agrees to a tie-up that would see it take a 10% stake and Disney’s ESPN. Azhar Sukri hosts.
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A.M. Edition for Aug 6. With scores of countries facing steep reciprocal tariffs tomorrow, WSJ markets reporter Chelsey Dulaney says governments without a U.S. trade deal are either rushing to Washington for talks or taking on the fight. Plus, special envoy Steve Witkoff meets President Putin just days before the White House's deadline for Russia to reach a peace deal with Ukraine or potentially face severe economic penalties. And, RFK Jr. pulls $500 million in funding for U.S. vaccine research. Azhar Sukri hosts.
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President Trump's announcement of new tariffs on semiconductors and pharmaceuticals kept markets in flux. Plus: Drugmaker Pfizer boosted its annual profit guidance. And, data-software company Palantir reported strong quarterly earnings and raised its yearly outlook. Charlotte Gartenberg 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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P.M. Edition for Aug. 5. Nearly 10 million American children are living in poverty, the most since 2018. Tens of millions more are precariously close, their families pushed to the brink by a storm of economic factors. Dan Frosch, who covers the U.S. economy with a focus on income inequality and poverty for the Journal, talked with a number of families in this position and joins us to discuss. Plus, with the resignation of a Federal Reserve official, President Trump has an opportunity to reshape the Fed. We hear from WSJ chief economics correspondent Nick Timiraos about what the president might do. And a House committee has subpoenaed the Justice Department for reports of its investigation into Jeffrey Epstein. Alex Ossola hosts.
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Plus: Linda Yaccarino, former CEO of X, lands at eMed Population Health. And NASA’s acting administrator Sean Duffy directs the agency to support more private space stations. Julie Chang hosts.
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Plus: The U.S. trade gap shrank to its lowest level in June since 2023. And India defends its ability to buy Russian oil, despite President Trump’s threats of higher tariffs. Alex Ossola 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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Bonus Episode for Aug. 5. Six of the so-called Magnificent Seven companies have reported quarterly earnings, with only Nvidia, the most-valuable of them all, yet to release its results. Heard on the Street’s Asa Fitch talks about how much better it can get for the stocks harnessing AI-mania to propel the stock market. Asa, who also writes the Journal’s new AI newsletter, says that the hyperscalers show no sign of slowing their furious pace of capital investment in infrastructure, but he cautions that continuing to top investors’ lofty expectations is becoming more of a challenge.
Markets AM writer Spencer Jakab hosts this special bonus episode of What's News in Earnings, where we dig into companies’ earnings reports and analyst calls to find out what’s going on under the hood of the American economy.
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Bonus Episode for Aug. 5. Six of the so-called Magnificent Seven companies have reported quarterly earnings, with only Nvidia, the most-valuable of them all, yet to release its results. Heard on the Street’s Asa Fitch talks about how much better it can get for the stocks harnessing AI-mania to propel the stock market. Asa, who also writes the Journal’s new AI newsletter, says that the hyperscalers show no sign of slowing their furious pace of capital investment in infrastructure, but he cautions that continuing to top investors’ lofty expectations is becoming more of a challenge.
Markets AM writer Spencer Jakab hosts this special bonus episode of What's News in Earnings, where we dig into companies’ earnings reports and analyst calls to find out what’s going on under the hood of the American economy.
Sign up for the WSJ's free Markets A.M. newsletter.
Sign up for the WSJ's free WSJ AI & Business.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Plus: German chip maker Infineon Technologies lifts its guidance as semiconductor demand picks up. Three people are arrested over the suspected theft of TSMC’s trade secrets. Ariana Aspuru hosts.
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