Why did Robinhood go social? And how did AI help Oracle make up for its lackluster earnings results? Plus, will Paramount make a bid for Warner? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them.
Why did Robinhood go social? And how did AI help Oracle make up for its lackluster earnings results? Plus, will Paramount make a bid for Warner? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them.
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.
P.M. Edition for Sept. 12. After Figma, Circle and Bullish were plagued by big price jumps on their recent first trading days, companies making their stock market debuts this week have opted for a new strategy: creating bigger share allotments for retail investors. WSJ capital markets reporter Corrie Driebusch discusses how it works. Plus, America’s soy farmers are beginning to harvest the tens of millions of tons of crop expected for this season, but China, the world’s biggest buyer of soy, doesn’t want any. We hear from Patrick Thomas, who covers agriculture for the Journal, about why, and what that means for farmers. And authorities have taken into custody 22-year-old Tyler Robinson, who is suspected of the fatal shooting of conservative activist Charlie Kirk. Alex Ossola hosts.
Plus: Apple delays release of iPhone Air in China. Cryptocurrency platform Gemini Space Station gains 25% on its first day of trading. And Alibaba shares surge on its increased AI efforts. Julie Chang hosts.
Plus: President Trump says he plans to send National Guard troops to Memphis, Tenn. And a preliminary estimate from the University of Michigan shows Americans' confidence in the economy waning. Pierre Bienaimé hosts.
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.
Plus: Microsoft and OpenAI have reached a deal to extend their partnership. And the European Union settles its antitrust probe into Microsoft. Anthony Bansie hosts.
A.M. Edition for Sept. 12. OpenAI has big plans, spending billions of dollars on everything from computing, data centers, hardware and chips. But how will the world’s largest start-up pay for these ventures? WSJ’s Eliot Brown looks at OpenAI’s spending commitments and what it will take to fund them. Plus, Trump’s tariffs aren’t making the U.S. trillions yet - but as of early September, the U.S, has collected more than $159 billion in tariff revenue. And, the manhunt for Charlie Kirk’s killer enters its third day. Kate Bullivant hosts.
Plus: Utah’s governor calls on the public for help to identify a person of interest in the shooting of Charlie Kirk. And, Beijing sends a stern warning to Mexico about plans to impose tariffs that could hurt Chinese autos. Kate Bullivant hosts.
Tech heavyweight Meta Platforms spent millions of dollars this summer recruiting AI stars, but they’re sparking tension with the company’s old guard. WSJ reporter Meghan Bobrowsky joins us to discuss. Plus, you may not need to replace your old iPhone yet—you could save a lot of money by simply updating or repairing it. Belle Lin hosts.