Minute Briefing

Plus: U.S. retail sales rebounded last month. And Novo Nordisk and Anthropic are partnering to use Claude to speed up drug discovery. 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.

Plus: OpenAI considers a funding round that could make the company more valuable than its rival Anthropic. And stocks and bonds hold steady ahead of the Federal Reserve’s interest-rate decision. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter.

Plus: Crypto-related companies Robinhood, Strategy, and Coinbase shares drop alongside bitcoin. And cybersecurity company Crowdstrike stock ends the day higher. Alexis Moore 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.

Plus: Microsoft sets limits for its AI models. And Oprah Winfrey will host an immersive show at the Las Vegas Sphere. 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.

Diesel hits $6 a gallon for the first time. Plus, shares of Oracle and RH fall throughout the day despite strong revenue reports. Julie Chang 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.

Plus: The European Central Bank raises interest rates. And the Iran-backed Houthi militia seizes a key strategic port city, threatening Saudi oil exports. Alex Ossola hosts. Sign up for WSJ’s free What’s News newsletter.

Plus: Treasury yields climb to new highs. And Apple shares are little changed as the company announces a foldable iPhone. Imani Moise 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.

Plus: Google says it’s investing $15 billion in Finland, its largest investment to date in Europe. And the Office of Congressional Conduct has cleared Minnesota Rep. Ilhan Omar after she overstated her assets to Congress. 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.

Plus: The U.S. escalates its trade war with Canada. And the Trump Administration calls out Ford for its “unacceptable” use of Chinese tech. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter.

Plus: Amgen has its worst day in more than two decades. And quantum-computing companies rally after U.S. government picks up minority stakes. Imani Moise 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.

Plus: The AI boom is turbocharging China’s exports. And thieves have stolen several paintings from France’s Renoir Museum. 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.

Plus: Diesel prices hit a record high. Volkswagen shares jump after the vehicle maker approves a plan to double its job cuts. And Adobe’s CEO succession plan pushes shares lower. 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.

Plus: Federal regulators are investigating Tesla’s steering wheel-free robotaxi. And electric truck startup Windrose Technology is losing workers as it runs low on funds. 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.

Plus: The world’s biggest wealth fund calls time on government bonds after recent volatility. And VW’s board approves a major restructuring. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter.

Plus: Treasury yields slip. And Capmbell’s lays off 13% of its workforce. Alexis Moore 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.

Plus: Leon Black sues House Committee over Epstein probe. And feminist icon Gloria Steinem dies at 92. 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.

Plus: OpenAI is hit with 30 lawsuits over a school shooting in Canada. And Ford makes a big bet on an EV truck for the masses. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter.

Plus: Oil continues to move higher. And cybersecurity stocks fall after Palo Alto Networks posts quarterly loss. Imani Moise 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.

Plus: U.S. concerns about China’s focus on exports go global. And Chevron is investing $7 billion in Venezuela, doubling its production there. Alex Ossola hosts.

Plus: Open AI restricts its latest AI model, rating it a 'critical' cyber risk. And Google tries to challenge the frontrunners in agentic coding. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter.

Plus: Fast-fashion retailer Shein makes its long-awaited Hong Kong debut. And Apple rises as Tim Cook hands over the reins. Imani Moise 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.

Plus: Two oil tankers were struck by rockets while trying to make a midnight crossing of the Strait of Hormuz. And Novartis is pausing clinical trials of an experimental therapy after three patients died. Pierre Bienaimé hosts. Sign up for WSJ’s free What’s News newsletter.

Plus: Stocks fall after Shein’s IPO disappoints. And President Trump backs a federal credit to help the beleaguered U.S. movie and television industry. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter.

Plus: Renewed fighting in the Strait of Hormuz sends Brent crude futures back above $90 a barrel. And PG&E shares are down after lawmakers introduce new wildfire legislation. Alexis Moore 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.

Plus: California publicly traded utilities tumble after state lawmakers reject plan to shield them from wildfire claims. And Aon agrees to a $17 billion deal to buy USI Insurance from KKR. Pierre Bienaimé hosts. Sign up for WSJ’s free What’s News newsletter.

Plus: High fuel costs and domestic competition hurt China’s major airlines. And central bankers are warned of the threats posed by AI. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter.

The Federal Reserve chairman highlights the need to get inflation back down to the central bank's 2% target. Plus: Marvell Technology shares sink more than 10%, underlining the high expectations investors have for companies tied to the AI boom. 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.

Plus: Chevron and other U.S. energy companies are closing in on deals to invest billions of dollars in Venezuela. And shares in Gap jumped after the retailer reported an increase in same-store sales for its Gap brand. Pierre Bienaimé hosts. Sign up for WSJ’s free What’s News newsletter.

Plus: Regulators expand their crackdown on prediction markets. And Nvidia hits pause on some revenue-sharing deals with AI cloud companies. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter.

Ten out of 11 S&P sectors fell on the day, but tech alone rose 3.4%. Plus: Okta was a big beneficiary of demand for AI agents in its latest quarter; its stock jumped after it raised its outlook. 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.

Plus: European soccer officials seek to subpoena Joshua Kushner as part of possible criminal action against FIFA president Gianni Infantino in Switzerland. And private equity firm KKR has agreed to a record settlement over DOJ allegations it withheld and altered premerger filing documents. Pierre Bienaimé hosts. Sign up for WSJ’s free What’s News newsletter.

Plus: AI startup DeepSeek is poised to reach a $74 billion valuation. And the CIA chief’s surprise Moscow trip was to warn Russia not to attack NATO. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter.

Plus: Oil prices extend their recent decline. And Meta stock rises after reaching an $18 billion settlement over child-safety claims. Imani Moise 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.

Plus: The FBI says it’s shut down a sprawling hacking operation linked to China. And the FDA has approved a drug for pancreatic cancer, an especially deadly disease. 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.

Plus: President Trump's pick Darline Graham wins a GOP Senate runoff in South Carolina to fill the seat of late Sen. Lindsey Graham. And OpenAI loses another top executive. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter.

Plus: Nvidia shares jumped, snapping a recent losing streak. And Dick’s Sporting Goods stock has its worst day on record after cutting parts of its outlook. Imani Moise 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.

Plus: The Securities and Exchange Commission is investigating AI-focused hedge fund Situational Awareness. And an oil tanker in the Strait of Hormuz was struck overnight. 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.

Plus: Bitcoin continues to rally, passing the $80,000 mark for the first time since May. And investors size up the parade of new IPOs expected in the coming months, including from Dunkin’ and Oura. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter.

Plus: Bond yields soothe on oil price retreat. And shares of semiconductor companies including Marvell Technology, Micron Technology, and Intel fell. Alexis Moore 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.

Plus: California’s attorney general scraps a planned meeting with Paramount on its antitrust lawsuit. And Taiwan prosecutors charge nine people with aiding the shipment of advanced AI servers to China. 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.

Plus: Paramount and officials in California meet to resolve their antitrust lawsuit. And Shein prices its upcoming IPO in Hong Kong. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter.

Plus: Crypto-related stocks see boost from Bitcoin gains. And shares of Robinhood see their largest percent increase since February. Julie Chang 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.

Plus: BJ's Wholesale Club reported higher second-quarter profit, as shoppers continue to seek bargains. And 8 people were killed in a plane crash near a remote military radar site in western Alaska. 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.

Plus: Consumer staples are among the worst performers in the S&P. And Moderna loses some of yesterday’s stunning gains. Alexis Moore 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.

Plus: China’s Alibaba reports weaker earnings. And jet fighters destroyed a Russian naval drone that Romania says threatened hundreds of lives near a Black Sea gas platform. 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.

Plus: The U.S. considers lowering tariffs on Canadian steel and cars. And one of China's most prominent real estate tycoons faces life in prison for his role in the country’s property crisis. Luke Vargas hosts.

The Nasdaq, S&P 500, and Dow all rose roughly a fifth of a percent. Plus: Moderna stock skyrocketed nearly 177% after an experimental vaccine’s success in a study. 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.

Plus: Target’s second-quarter sales suggest the retailer’s turnaround is working. And Cantor Fitzgerald plans to give its hedge-fund clients access to Kalshi’s prediction markets. 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.

Plus: OpenAI’s revenues disappoint. And Chinese humanoid-robot maker Unitree surges in its Shanghai IPO. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter.

Plus: Oil prices edged higher to roughly $91 a barrel. And UGI Corp. shares rose after the natural-gas and electricity distributor got a takeover offer from KKR. 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.