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Plus: Intel shares extend a rally after its CEO met with President Trump. Google shares climb as Perplexity makes a long-shot bid to purchase its Chrome browser. And Eastman Kodak’s warning that it may have trouble paying off its debt sends its shares tumbling. 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: AI startup Perplexity makes unsolicited $34.5 billion offer to buy Google’s Chrome browser. And disgraced crypto entrepreneur Do Kwon pleads guilty to fraud over crypto crash. Julie Chang hosts.
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Plus: Perplexity makes an unsolicited bid for Google Chrome, offering $34.5 billion. And Spirit Airlines warns that it may not continue to operate if its financial results don’t improve faster than expected. Alex Ossola 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: General Catalyst will lead a $74 million investment in Titan for IT services powered by AI. General Electric and United Nuclear agree on cleanup of uranium mine waste. Ariana Aspuru hosts.
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Plus: A Ukraine peace deal is not a priority for Moscow, just days away from a key summit. And, shares in Kodak slump after the photography company warned it may not be able to pay its debts. Azhar Sukri hosts.
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One person is dead and another missing after a massive explosion at a U.S. Steel plant near Pittsburgh, prompting urgent rescue efforts and a shelter-in-place order. In Gaza, a strike on a journalists’ tent killed seven, including prominent Al Jazeera reporter Anas Al-Sharif, drawing international condemnation. Disney reports strong streaming growth despite theatrical losses, with plans to merge Disney+ and Hulu next year. And in California, wildfire survivors accuse the state’s last-resort insurer of illegally denying smoke damage claims, prompting state intervention.
President Trump has proposed sweeping tariffs on chips, while offering an exemption: companies that invest in manufacturing in the U.S. won’t have to pay. It’s an attempt to incentivize more chip production in the U.S., but WSJ Heard on the Street writer Asa Fitch notes that key chip-making companies already have invested in U.S. factories. Plus, Disney is in a difficult bind when it comes to AI. The WSJ’s Jessica Toonkel takes us inside the company’s thinking. Peter Champelli hosts.
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Plus: President Trump posts on social media that there would be no new tariffs on gold. Cryptocurrency-linked stocks Coinbase and MicroStrategy rise with bitcoin's price. Anthony Bansie 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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