WSJ Minute Briefing

Plus: Carl Icahn’s company agrees to sell auto-service chain Pep Boys. And Ukraine strikes a deal with defense company BAE Systems to manufacture howitzers locally. 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. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: President Trump imposes additional 50% tariffs on certain Canadian products. And U.S. stock futures gain as investors gear up for earnings from some of America's biggest tech companies. Daniel Bach hosts. Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Oil prices finish higher. And shares in both Warner Brothers and Paramount decline after a judge temporarily blocked their $81-billion merger. 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. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Chinese-owned EV maker Polestar won’t appeal a U.S. ban. And buyout firm Truelink strikes a $1 Billion deal for coffee syrup maker Lyons Magnus. 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. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: AAA says gas has risen back above the $4 a gallon mark after the fighting intensifies. And the FDA walks back a statement that the parasite linked to the cyclospora outbreak had been detected on a sample of lettuce from Taylor Farms. Daniel Bach hosts. Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus, Sweetgreen's stock surges following reports of a parasitic outbreak linked to Taco Bell. And Netflix shares continue to fall after streaming giant reports weakest revenue growth in years. 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. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Walmart has a new leader at the top of its U.S. business. And consumer sentiment climbed in July. 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. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: The SEC is overwhelmed with complaints about its plan to scrap required quarterly earnings updates. And the Treasury’s top tax official is removed over clashes with the White House over IRS audits. Daniel Bach hosts.  Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Oil prices were more volatile after taking an overnight pause. And shares of GE Aerospace fell after it reported supply-chain issues are slowing production. Danny Lewis 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. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: The Trump administration is limiting how long foreign students can stay in the U.S. And Iran has allowed an American citizen that it held for more than a year to go free. 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. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: TSMC’s continued earnings streak isn’t enough to stave off AI jitters in the market. And Uber agrees to take over Germany’s Delivery Hero. Daniel Bach hosts. Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: BlackRock hits a record $15 trillion under management. And PayPal shares surge after reports it received a $53 billion takeover offer. 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. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: BlackRock has become the first investment firm to manage more than $15 trillion in assets. And Trump reverses ICE’s decision to suspend traffic stops. 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. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Chinese AI developer DeepSeek prepares for an IPO in Shanghai as early as next year. And Hollywood writers sue to block Paramount’s $81 billion takeover of Warner Bros. Discovery. Daniel Bach hosts. Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Treasury yields fall after latest CPI report. And chip stocks Miron, Marvell and Intel bounce back. 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. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: big banks kicked off earnings season with big profit jumps. And IBM shares are on track for a record decline. 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. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: New York is set to temporarily ban large new data centers. And Chinese startup DSFX releases a new AI-chip built entirely on homegrown technology. Daniel Bach hosts.  Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: AI jitters weigh heavy on Nasdaq. And Paramount shares jump after a coalition of 12 states filed a lawsuit to block its acquisition of Warner Bros. Discovery. 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. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: the Trump administration is trying to limit undocumented immigrants’ access to loans. And TSMC’s strong June revenue suggests it hit a sales record in the second quarter. 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. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: The latest Journal survey of economists suggests high inflation is here to stay. And China greenlights Shein’s Hong Kong IPO. Daniel Bach hosts. Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

U.S. stocks edge higher. Shares of Circle Internet Group jump after the company receives regulatory approval to establish a national trust bank. Netflix stock ticks down after the WSJ reports the company is exploring live television options. And Apple sues OpenAI, alleging it stole trade secrets. 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. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: A Ryanair flight made an emergency landing in Greece after a window dislodged midflight, injuring a passenger. And Europe’s easyJet airline gets a $7.6 billion takeover offer from Apollo that trumps a previous proposal from rival investor Castlelake. 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. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: EU probe finds Meta didn’t do enough to protect users from harm. And VW wants to halve its lineup of cars as part of its second major overhaul in under two years. Daniel Bach hosts. Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: A brutal downgrade note for Salesforce weighed on other software companies. And shares of Ionis Pharmaceuticals and AstraZeneca tumbled after a late-stage drug trial failed to meet its main target. Danny Lewis hosts. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: U.S. home sales unexpectedly fell in June. And Hasbro is betting on a new line of Play-Doh for adults. 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. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: China is considering restrictions on the homegrown AI apps U.S. companies are addicted to. And wealthy AI workers are driving up home prices in San Francisco. Daniel Bach hosts. Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Broadcom rises after Apple announces a multibillion-dollar chip deal. And Alibaba rallies as investors look beyond this year’s biggest AI winners. 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. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Traffic through the Strait of Hormuz is holding steady despite fresh tensions in the region. And the International Monetary Fund is no longer warning of a global recession in its latest forecast. 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. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Tech shares take another beating after SpaceX’s first day on the Nasdaq, disappoints. And Obamacare insurers are hiking premiums, again. Daniel Bach hosts. Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Major indexes finish lower amid tech sell off. Plus: Oil prices shoot higher after U.S. revokes Iran’s oil license. And SpaceX slips on its first day in the Nasdaq-100 index. 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. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: a French appeals court clears far-right leader Marine Le Pen’s presidential run. And Fiat introduces a tiny new electric vehicle to the U.S. market. 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. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Shares in Samsung and SK Hynix are down, as the chip-led AI rally takes a breather. And Walmart is cutting prices on thousands of items. Daniel Bach hosts. Sign up for WSJ’s free What’s News newsletter. Further reading: SpaceX Is About to Join the Nasdaq-100. Here’s How Exposed You’ll Be. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Oil prices edged lower following OPEC+ countries agreement to raise their production. Plus: TeraWulf and Anthropic sign a 20-year, $19 billion lease for an AI infrastructure campus. Alexis Moore hosts. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Davos founder Klaus Schwab is plotting a return to the World Economic Forum. And Strategy logs a $8.3 billion loss after it sells off Bitcoin. 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. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Oil prices retreat after OPEC and its allies boost production. And easyjet shares surge as the budget airline agrees to a $7bn takeover. Daniel Bach hosts. Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Nasdaq drops as Dow climbs to record high. Rivian jumps while Tesla slumps. U.S. markets will be closed on Friday for Independence Day. 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. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Tesla reports a 25% jump in second-quarter car sales. And America’s death rate fell to its lowest on record last year. 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. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Financial crisis investing hero Michael Burry adds to his short positions on the AI buildout. And Google fails in its bid to get a $4.7 billion fine imposed by the European Union overturned, related to its Android operating system. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Meta stock has its best day since January following reports that the company is building a cloud business to sell its excess AI computing power. And General Mills shares rise after unveiling its turnaround plan. 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. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: A Swedish court has ordered Google to pay buy now, pay later company Klarna almost $2 billion in damages. And General Mills aims to win back budget-conscious shoppers with lower costs and new products. 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. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Anthropic and the Trump Administration reach a deal to restore access to Fable, the AI model that was shut down over security concerns. And Nike’s shares slump as the sportswear giant continues to struggle in China. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Major indexes finish higher marking a blockbuster quarter. Plus: Shares in Sandisk, Super Micro Computer, and Applied Materials jump as investors pile back into tech. Imani Moise hosts. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: the Supreme Court decided that states can ban transgender women and girls from competing on female sports teams. And the FAA is preparing to mandate collision-avoidance technology in planes. 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. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: The Japanese yen falls to a 40-year low. And a judge blocks the Trump administration from withholding funds for a new rail tunnel connecting New York and New Jersey. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

New index member Alphabet was its best performer, rising nearly 5%. Plus: Both the Nasdaq and S&P 500 broke five-session losing streaks. 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. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Another Supreme Court ruling allows states to count mailed ballots received after election day. And Comcast is splitting its media and connectivity businesses. 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. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: South Korea announces plans to invest nearly $2 trillion in the country’s AI buildout. And China adds more Japanese companies to an export control list. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Micron, Sandisk and Seagate falter as investors doubt the AI trade. Plus: Oil edges closer to pre-war prices even as President Trump says Iran violated the ceasefire agreement. Alexis Green 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. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: President Trump’s former national security adviser, John Bolton, pleads guilty to retaining national-defense information. And U.S. consumer sentiment improves. 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. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: China moves to sue foreign companies damaging national interests. And global tech stocks tumble on reports that OpenAI will delay its IPO. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.