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Stocks fell, with the Nasdaq breaking its longest winning streak since 1992. Plus: AST SpaceMobile shares tumbled after a company satellite was incorrectly deployed in space. And shares in Marvell Technology rose amid talks with Google to build new AI chips. Pierre Bienaimé hosts. Sign up for the WSJ's free What's News newsletter. 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. Learn more about your ad choices. Visit megaphone.fm/adchoices
Plus: Businesses can now officially request tariff refunds from the U.S. government. And FBI director Kash Patel sues the Atlantic publication for defamation. Alex Ossola hosts. Sign up for WSJ’s free What’s News newsletter. 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. Learn more about your ad choices. Visit megaphone.fm/adchoices
Plus: the U.A.E. asks the U.S. for a financial lifeline. And this week's economic data is set to reveal the Iran war's impact on the U.S. economy. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
The S&P 500 and Nasdaq both ended at new highs. Plus: QVC shares drop after the company files for bankruptcy. And Netflix shares plummet after issuing disappointing guidance. Katherine Sullivan hosts. Sign up for the WSJ's free What's News newsletter. 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. Learn more about your ad choices. Visit megaphone.fm/adchoices
Plus: Ford is recalling up to 1.4 million F-150 pickups. And Anthropic’s CEO is scheduled to visit the White House as the AI company tries to ease tensions with the Trump administration. Pierre Bienaimé hosts. Sign up for WSJ’s free What’s News newsletter. 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. Learn more about your ad choices. Visit megaphone.fm/adchoices
Plus: The House failed to advance a compromise proposal to renew a national-security surveillance program for five years. And the FAA curbs plans by United and American to increase summer flights at Chicago’s O’Hare. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
Investors held out hope for continued peace talks with Iran. Plus: Kering shares fall as it attempts to turnaround luxury brands like Gucci. Katherine Sullivan hosts. Sign up for the WSJ's free What's News newsletter. 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. Learn more about your ad choices. Visit megaphone.fm/adchoices
Plus: Charles Schwab’s quarterly profit jumped 30%. And PepsiCo’s revenue climbed 8.5% after it cut prices on signature snacks. Pierre Bienaimé hosts. Sign up for WSJ’s free What’s News newsletter. 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. Learn more about your ad choices. Visit megaphone.fm/adchoices
Plus: Spirit Airlines is at risk of liquidation as its plans to escape bankruptcy collide with surging fuel prices. And the world’s largest contract chip maker, TSMC, posts a nearly 60% jump in quarterly net profit. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
The Nasdaq also hit a new record. Plus: Shares in sneaker company Allbirds skyrocket after announcing a pivot to AI infrastructure. Katherine Sullivan hosts. Sign up for the WSJ's free What's News newsletter. 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. Learn more about your ad choices. Visit megaphone.fm/adchoices
Plus: The Trump administration is eyeing a head of the CDC after months of upheaval at the health agency. And Bank of America is the latest big lender seeing resilience in the U.S. economy. Pierre Bienaimé hosts. Sign up for WSJ’s free What’s News newsletter. 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. Learn more about your ad choices. Visit megaphone.fm/adchoices
Plus: Maine becomes the first state to ban large data-center construction. And the NAACP sues Elon Musk’s xAI, alleging the company’s efforts to power its data centers in Tennessee and Mississippi are creating a local health risk. Daniel Bach hosts. Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
Oil prices fell while stocks jumped. Plus: Shares in both United Airlines and American Airlines get a boost after merger talk. Katherine Sullivan hosts. Sign up for the WSJ's free What's News newsletter. 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. Learn more about your ad choices. Visit megaphone.fm/adchoices
Plus: JPMorgan Chase reports higher profit and revenue for the first quarter. And Amazon acquires Starlink rival Globalstar. Alex Ossola hosts. Sign up for WSJ’s free What’s News newsletter. 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. Learn more about your ad choices. Visit megaphone.fm/adchoices
Plus: The Iran war begins to hurt China’s export momentum. And LVMH posts weak first quarter sales as the conflict weighs on hopes of a rebound in demand for luxury goods. Daniel Bach hosts. Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
Plus: Goldman Sachs shares drop after a poor performing fixed income segment. And Palantir stock rebounds after a drop earlier this month. Katherine Sullivan hosts. Sign up for the WSJ's free What's News newsletter. 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. Learn more about your ad choices. Visit megaphone.fm/adchoices
Plus: Goldman Sachs reports a record quarter in banking and trading. And Google is expected to lose its digital-ad crown to Meta. Anthony Bansie hosts. Sign up for WSJ’s free What’s News newsletter. 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. Learn more about your ad choices. Visit megaphone.fm/adchoices
Plus: Hungarian prime minister Viktor Orbán suffers a landslide defeat in national elections. And McDonald’s plans to capitalize on the booming energy drinks and specialty sodas segment with a new line of drinks. Daniel Bach hosts. Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
Consumer prices hit a nearly two-year high. Plus: Organon shares jumped after the company agreed to be purchased. Katherine Sullivan hosts. Sign up for the WSJ's free What's News newsletter. 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. Learn more about your ad choices. Visit megaphone.fm/adchoices
Plus: European airports are looking at severe jet fuel shortages if the Strait of Hormuz isn’t fully opened. And CoreWeave and Anthropic form an AI cloud agreement. Anthony Bansie hosts. Sign up for WSJ’s free What’s News newsletter. 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. Learn more about your ad choices. Visit megaphone.fm/adchoices