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Plus: a sharp decline in Oracle stock dragged down the Nasdaq composite. And Disney stock rises after announcing new investment and partnership with OpenAI. Danny Lewis 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: Ford Motor and SK Group end their partnership to produce EV batteries in the U.S. And regular companies are finally beating tech stocks. Julie Chang hosts.
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Plus, Eli Lilly reports dramatic weight loss in a clinical trial of a next-generation obesity drug. And the U.S. trade deficit fell to a five-year low in September. Pierre Bienaimé hosts.
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Plus: Oracle stock is on pace for its worst day since January. And smartphone and laptop makers will face a squeeze from the renewed rise in memory prices, warns research firm TrendForce. Julie Chang hosts.
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Plus: The Senate prepares to vote on competing healthcare plans from Republicans and Democrats. And shares of Oracle slide over concerns about its AI spending. Luke Vargas hosts.
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A federal judge rules that the Trump administration must withdraw the National Guard from Los Angeles, saying the deployment is no longer lawful. Australia becomes the first country to ban social media use for anyone under 16. The Federal Reserve issues its third interest rate cut of the year. Another court orders the release of Jeffrey Epstein’s 2019 grand jury records under the new transparency law. The Trump administration proposes a settlement that could remove millions from the SAVE student loan plan, while Congress extends the Secure Rural Schools Act. Candidate Tom Steyer opposes both Netflix’s and Paramount’s proposed acquisitions of Warner Bros. Discovery. Heavy fog disrupts travel across California’s Central Valley. In business, a major appliance chain abruptly closes, leaving customer orders in limbo, and personal finance columnist Liz Weston explains why everyone should have a will.
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Investors took Fed Chair Jerome Powell’s comments as more dovish than expected, raising hopes for more rate cuts next year. Plus: EchoStar shares surged after striking a deal with SpaceX. And stock in Amazon advanced after it announced plans to invest $35 billion in India. Danny Lewis 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: Investors bet that a higher bid for Warner Bros. is coming. And YouTube TV will offer cheaper, pared-down channel bundles. Julie Chang hosts.
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