Plus: Nvidia, xAI and Saudi Arabia’s Humain partner to develop a data center in Saudi Arabia. And the EU plans to change tech laws to boost innovation. Julie Chang hosts.
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Plus: Nvidia, xAI and Saudi Arabia’s Humain partner to develop a data center in Saudi Arabia. And the EU plans to change tech laws to boost innovation. Julie Chang hosts.
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Plus: Larry Summers resigns from the OpenAI board after the release of correspondence between him and Jeffrey Epstein. And McKinsey elects one of its smallest partnership classes in recent years. Zoe Kuhlkin 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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We all want a little treat—even if we’re on a budget. That desire may be part of what’s shaping U.S. liquor sales; big spirits companies are seeing growth in the sales of their smaller bottles of liquor, while sales of the pricier larger sizes decline. What does that tell us about how consumers are feeling about their wallets? Host Alex Ossola discusses with Nadine Sarwat, director and equity research analyst at brokerage firm Bernstein. And finally, in this last episode of our alternative economic indicator series, WSJ investing columnist Spencer Jakab joins Alex to take stock of all four indicators in this series—Nevada employment, copper, heavy trucks and liquor—and the picture they paint about the broader U.S. economy.
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Further Listening
Alternative Indicators: Can Nevada Employment Predict Where the Economy is Headed?
Alternative Indicators: What’s Dr. Copper’s Prognosis for the U.S. Economy?
Alternative Indicators: What Big-Rig Truck Sales Reveal About the U.S. Economy
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Plus: Larry Summers resigns from OpenAI’s board after correspondence with sex offender Jeffrey Epstein was released. And the Dutch government hands back control of Nexperia to its Chinese owners. Zoe Kuhlkin hosts.
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A.M. Edition for Nov. 19. After dropping for four straight sessions, markets are now bracing for today’s earnings report from AI-bellweather Nvidia. Plus, WSJ’s Anne Tergesen explains why millions of Americans are leaving behind old 401(k) accounts - costing savers billions in missed investment gains. And a rare Gustav Klimt portrait has shattered records, becoming the most expensive modern artwork ever sold at auction. Caitlin McCabe hosts.
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Plus, legislation to make a trove of Epstein files public has landed on Trump’s desk. And Elon Musk’s artificial intelligence company, xAI, is in advanced talks to raise $15 billion. Caitlin McCabe hosts.
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P.M. Edition for Nov. 18. A federal judge has dismissed the Federal Trade Commission’s antitrust case against Meta Platforms, which alleged that the company has a social-media monopoly. We hear from WSJ tech reporter Meghan Bobrowsky about what that means for Meta. Plus, President Trump said that Saudi Crown Prince Mohammed bin Salman ”knew nothing about” the 2018 murder of journalist Jamal Khashoggi, rejecting a CIA assessment at the time. Plus, the House has passed a bill to release government files related to Jeffrey Epstein. Alex Ossola hosts.
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Indexes were down for a fourth straight day. Plus: Home Depot shares fall after the company cut its outlook. 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: Nvidia and Microsoft will invest $15 billion in Anthropic. Google launches Gemini 3. And fears of an AI bubble hit the stock market. Julie Chang hosts.
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Plus: OpenAI and Intuit strike a multiyear partnership. And Lambda raises over $1.5 billion in its latest funding round. Zoe Kuhlkin hosts.
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