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How did Amazon’s stock react to the big internet outage it was behind? And what did investors think of Warner Bros. putting itself up for sale? Plus, what were the notable movers among the myriad of earnings reports? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them.
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How did Amazon’s stock react to the big internet outage it was behind? And what did investors think of Warner Bros. putting itself up for sale? Plus, what were the notable movers among the myriad of earnings reports? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them.
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P.M. Edition for Oct. 24. During President Trump’s second term, Chinese leader Xi Jinping has adopted a playbook for dealing with the U.S. president that’s offered concessions but also hits back harder. WSJ chief China correspondent Lingling Wei discusses how that’s played out so far, and what it means for the upcoming meeting between the two leaders. Plus, investors are loving Intel again—its stock has almost doubled this year; the company has announced investments from SoftBank, Nvidia and the U.S. government; and yesterday’s earnings report showed momentum. But as WSJ Heard on the Street writer Asa Fitch tells us, that may not be enough to fix the company’s troubles. And the Pentagon said it is sending the Navy’s most advanced aircraft carrier to the Caribbean, a major escalation of the Trump administration’s military campaign in the region. Alex Ossola hosts.
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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.
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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.
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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.
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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.
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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.
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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.
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A.M. Edition for Oct. 24. President Trump has abruptly ended all trade negotiations with Canada, after Ontario released an ad featuring Ronald Reagan speaking negatively about tariffs. Plus, the White House confirms Trump and Chinese leader Xi Jinping will meet in South Korea next week. And WSJ’s Anvee Bhutani details the upcoming funding cliffs as the government shutdown begins to pinch American workers and families. Kate Bullivant hosts.
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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.
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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.
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