What’s ailing Campbell’s soup? And why are investors jumpy again about AI? Plus, is Lululemon on the verge of making a comeback? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them.
Plus: Broadcom slid after its latest earnings report. And Bank of America hit an all-time stock price for the first time in 19 years. Danny Lewis 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.
P.M. Edition for Dec. 12. Leaders of JPMorgan Chase, Bank of America and Citigroup shared numbers that show that their banks’ Wall Street operations are on track to have one of their best years ever. WSJ Wall Street editor David Benoit discusses what’s driving it. Plus, in an interview with The Wall Street Journal, President Trump says he’s considering Kevin Warsh or Kevin Hassett to lead the Federal Reserve starting next year. And why have politicians, who just a few years ago were sounding the alarm about climate change, softened their warnings? We hear from WSJ chief economics commentator Greg Ip about what’s behind the shift. Alex Ossola hosts.
Plus: The Trump administration conditionally approves plans for new cryptocurrency-focused national banks. And bond markets signal growing risk about a potential AI bubble. Julie Chang hosts.
Plus: Broadcom’s stock slides after the chip maker's latest earnings report. And Iranian Nobel Peace Prize laureate Narges Mohammadi was arrested at a public event, according to her foundation. Pierre Bienaimé hosts.
Plus: OpenAI rolls out a new version of ChatGPT in a bid to move ahead of competition from Google and Anthropic. And Lulelemon’s CEO plans to step down following a pressure campaign from the company’s outspoken founder. Luke Vargas hosts.
SpaceX and Blue Origin are trying to move the trillion-dollar data-center boom into orbit, but getting there will take a whole lot of cash. Wall Street Journal reporter Micah Maidenberg lays out what’s ahead in this new space race. Plus, WSJ reporter Ellen Gamerman explains what’s next for Tilly Norwood, the AI actress who’s shaking up Hollywood. Katie Deighton hosts.
Plus: a sharp decline in Oracle stock dragged down the Nasdaq composite. And Disney stock rises after announcing new investment and partnership with OpenAI. Danny Lewis 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.