Plus: We reveal the major players funding Meta’s new $27 billion data centre. And, how one sports better is entering the world of prediction markets. Caitlin McCabe hosts.
The Dow hits a new record. Plus: Gold had its worst day in over a decade. And General Motors posts surprisingly strong results. 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.
P.M. Edition for Oct. 21. Warner Bros. Discovery said it’s considering a sale of some or all of its media assets. WSJ media and entertainment reporter Joe Flint discusses what’s driving this moment of consolidation in the entertainment industry. Plus, General Motors reported better-than-expected third-quarter results, sending its stock soaring. And amid a glut of unaffordable housing, a growing number of renters nationwide are applying with fraudulent paperwork. We hear from WSJ real estate reporter Deborah Acosta about what happens to fraudsters and what the trend means for renters and landlords. Alex Ossola hosts.
Plus: General Motors shares surge after better-than-expected third quarter operating income and new guidance. And key Senate Republicans now oppose the confirmation of Trump’s pick for the Office of Special Counsel following reports of racist texts. 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: Chinese battery giant Contemporary Amperex Technology reports higher quarterly profit. And a former antitrust official predicts regulatory scrutiny of energy deals to power data centers. Zoe Kuhlkin hosts.
Plus: The Treasury Department tells staff not to share photos of construction taking place on the new White House ballroom. And, the world’s largest EV battery maker posts solid earnings on the back of strong demand. Caitlin McCabe hosts.
One of the big winners of the artificial-intelligence boom, Oracle, is facing hard questions from investors and analysts about how it plans to pay for an expensive expansion of its AI infrastructure. WSJ Heard on the Street columnist Dan Gallagher joins us to discuss where Oracle is coming up short. Plus, WSJ reporter Robert McMillan explains how those ubiquitous toll-scam text messages work and why you should never click the link. Belle Lin hosts.