The Dow closes above 47000 for the first time. Plus: IBM earnings exceed expectations, pushing its stock higher. And Ford shares jump on strong sales report. Katherine Sullivan 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: Alaska Airlines cancels hundreds of flights after a technology outage. And Santee Cooper is in talks to sell inactive nuclear reactors to Brookfield Asset Management to power AI data centers. Zoe Kuhlkin hosts.
Plus: General Motors cuts more than 200 salaried jobs in Detroit. And the European Union charges Meta over their handling of illegal content. Zoe Kuhlkin 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: Anthropic expands Google Cloud partnership to access 1 million chips. And U.K. car manufacturing falls in wake of Jaguar Land Rover cyberattack. Zoe Kuhlkin hosts.
Plus: The White House announces that the hotly anticipated meeting between President Trump and Chinese leader Xi Jinping will go ahead next week. And, the U.S. flies Air Force B-1 bombers near Venezuela ramping up the pressure on President Nicolas Maduro. Kate Bullivant hosts.
Sam Altman, the CEO of OpenAI, has been on a dealmaking blitz with some of the world’s largest, most important AI players such as Nvidia and SoftBank. But there are risks to his high-stakes tactics, as WSJ reporter Berber Jin explains. Plus, WSJ Heard on the Street columnist Jinjoo Lee discusses how retailers might be threatened by ChatGPT’s new direct-purchasing feature. Belle Lin hosts.
P.M. Edition for Oct. 23. More than 30 people, including Portland Trail Blazers head coach Chauncey Billups and Miami Heat guard Terry Rozier, were charged today in an investigation into illegal gambling, rigged poker games, and match-fixing in the NBA. We hear from WSJ sports reporter Jared Diamond about what this means for the league, and the role that legal gambling platforms may have played in the alleged crimes. Plus, in an exclusive, we report that President Trump has pardoned Binance founder Changpeng Zhao, which may pave the way for the world’s largest crypto exchange to return to the U.S. And struggling food company Beyond Meat became one of the most traded stocks in the U.S. yesterday. WSJ markets reporter Hannah Erin Lang joins to discuss why the company’s stock is the latest to become a meme, and what it means for the company in the long term. Alex Ossola hosts.
Plus: New sanctions on Russian oil companies send energy prices higher. And Blackstone reports lighter-than-expected revenue. Katherine Sullivan 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: European aerospace and defense companies Airbus, Leonardo and Thales join forces to take on SpaceX. And Intel shows progress in its turnaround effort as it reports sales growth. Julie Chang hosts.