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A softer-than-expected July jobs report and President Trump’s revamped tariff plan weighs on markets. Plus: Amazon reports disappointing growth. Reddit swings to a quarterly profit on AI improvements. And First Solar’s earnings and revenue guidance beat expectations. Charlotte Gartenberg 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: Apple said it would substantially increase capital expenditures. Palantir was awarded a $10 billion dollar, 10-year federal contract. Ariana Aspuru hosts.
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Plus: Businesses around the world try to make sense of Trump’s tariff announcements, ICC says. And Exxon Mobil seeks M&A possibilities as oil giants post lower profits in the latest quarter. Zoe Kuhlkin hosts.
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Plus: A top Intel chip-packaging expert takes a job at Samsung. Sources say Axiata will start the sale process for the world’s sixth-largest tower company. Ariana Aspuru hosts.
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Plus: Steve Witkoff heads to Gaza as part of an attempt to develop a new aid-distribution plan. And, Ray Dalio sells his remaining stake in Bridgewater. Azhar Sukri hosts.
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A new study finds the pandemic accelerated brain aging—even for those who never caught COVID—raising questions about long-term mental health impacts. The U.N. urges tech giants to switch data centers to 100% renewable energy by 2030 to curb AI’s soaring power demands. California car dealers brace for a final rush as the federal EV tax credit nears its end. And Silicon Valley startups gamble billions on defense manufacturing, hoping contracts follow investment. Subscribe for these stories and more from the LA Times.
Chip startups are battling to sell cloud-computing providers the custom-built inference chips of the future. But the question is, can they actually make a dent in AI’s projected energy demand? WSJ columnist and co-host of the Bold Names podcast, Christopher Mims joins us to explain. Plus, Hollywood is losing ground to YouTube as the tech giant wins the battle for TV viewers. Belle Lin hosts.
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Further Reading
How YouTube Won the Battle for TV Viewers
The New Chips Designed to Solve AI’s Energy Problem
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