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Plus: Microsoft secures new computing power capacity in deal with data center company IREN. And Palantir Technologies reports another quarter of record revenue, while shares of Amazon close at a new all-time high. Julie Chang hosts.
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Plus: Pfizer files a second lawsuit against Metsera and Novo Nordisk. And OpenAI pays Amazon $38 billion for computing power in a multiyear deal. 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: Microsoft gets U.S. approval to export Nvidia chips to the United Arab Emirates. And European automaker shares rise on optimism that a semiconductor shortage might be resolved soon. Zoe Kuhlkin hosts.
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Plus: the unaffordable housing market in the U.S. is causing buyers to embrace riskier mortgages. And, Berkshire Hathaway reports positive quarterly results as the conglomerate inches closer to Warren Buffett’s retirement as CEO. Caitlin McCabe hosts.
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Hurricane Melissa leaves destruction across Jamaica and Haiti, killing dozens and displacing thousands. President Trump urges the Senate to end the filibuster to reopen the government as the shutdown drags into its 30th day. Covered California warns of steep premium hikes without renewed federal subsidies. State officials warn of fake ballot texts ahead of the election. Millions lose access to Disney-owned channels as YouTube TV’s contract talks stall. In business, an L.A. startup called Clipping is turning short edits into big profits for creators, and streaming platforms raise prices again, pushing household entertainment costs even higher.
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Amazon shares soar on cloud-computing growth. Plus: Netflix shares rise after its board approves a stock split. 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: The flurry of Silicon Valley companies trying to build AI data centers is flooding debt markets. And Charter Communications profits fell in the third-quarter as its home internet subscriber base weakens. Julie Chang hosts.
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