The chip maker’s report after the market close beat analyst expectations. Plus: Constellation Energy announces it will restart operations at Three Mile Island nuclear plant. 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 Nov. 19. Traders have used debt to maximize their gains as they bought and sold crypto this year—now, with prices dropping, they’re turbocharging losses too. WSJ crypto reporter Vicky Ge Huang tells us what makes those bets so risky. Plus, Target says it will invest billions in its stores as it seeks to turn around slumping sales. And minutes from October’s Federal Reserve meeting show deepening divisions, putting a rate cut at the next meeting in question. Alex Ossola hosts.
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.
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.
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.
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.
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.
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.
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.
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.