WSJ Minute Briefing

The rally comes despite a slump in Oracle shares after the company reported larger-than-forecast spending on data centers. Plus: Investors gear up for SpaceX's first day of trading, which officially sold $75 billion worth of shares in the biggest IPO ever. Alexis Green 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 ECB is the first major central bank to raise interest rates in response to rising energy prices. And Oracle shares are plunging after it reported higher spending tied to the AI data-center buildout. 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: Canada moves to ban kids from social media. And striking workers at a GM supplier reach a deal to end the 10-day walkout. Luke Vargas hosts. Sign up for WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Inflation soars 4.2% as the U.S.-Iran war drives up energy prices. Plus: Super Micro Computer shares tumble after the company disclosed plans to raise $7 billion in a series of equity offerings. Alexis Green 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: Oil futures gain after U.S. retaliatory strikes on Iran for a downed Apache helicopter. And an auto supplier that's particularly important for Ford is restarting production, nine months after a fire caused a supply crisis. Alex Ossola hosts. Sign up for WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Stocks, futures slide on inflation concerns. And U.S. regulators are proposing new rules for prediction markets. Luke Vargas hosts. Sign up for WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Tech stocks weigh on U.S. indexes, with chip makers remaining a pressure point. Plus: Oil prices fall as President Trump accuses Iran of shooting down a U.S. helicopter. Alexis Green 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: Chip maker Broadcom is working with the private equity companies Apollo Global Management and Blackstone to launch a 35-billion-dollar AI financing platform. And a U.S. military drone boat has rescued two crew members of an American Apache helicopter that crashed near the Strait of Hormuz. 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: Alibaba and Baidu face U.S. restrictions under an updated Pentagon list. And Chinese exports accelerated in May in a big boost to the struggling economy. Luke Vargas hosts. Sign up for WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Tech stocks rebound despite a flare-up in the Middle East, which sent oil prices higher. Plus: Delta and United Airlines shares slip over concerns of rising jet fuel costs. Alexis Green 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: Global markets slide following Friday's Wall Street rout. And Israel and Iran exchange fire in a fresh test of a U.S.-brokered ceasefire. Luke Vargas hosts. Sign up for WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Nasdaq sinks 4% to close out its worst week in more than a year. Intel, Marvell and Micron Technology stocks tumble. Plus: Lululemon shares slip after the athleisure company cuts its financial outlook. Alexis Green 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: Lululemon shares fell after the company reported a quarterly decline in U.S. sales. And Morgan Stanley analysts are projecting SpaceX's revenue could reach $3.4 trillion by 2040. 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: Anthropic calls on top artificial-intelligence labs to consider slowing down their development. Senior U.S. officials discuss having the federal government take stakes in major AI companies. And the FDA launches a safety study of the abortion pill mifepristone. Luke Vargas hosts. Sign up for WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Oil prices break a three-session streak of gains after Israel and Lebanon agree to a renewed ceasefire. Plus: Broadcom shares tumble as the semiconductor and software maker issues financial guidance that fails to live up to investor expectations. Alexis Green 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 U.K. has banned financier Lex Greensill from serving on company boards for nine years following his lending firm's collapse in 2021. And investors in Blackstone's flagship private-credit fund asked to pull $4.4 billion in the second quarter. 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: Top AI executives urge Congress to protect against biological threats posed by the technology. And a flesh-eating parasite has been detected in U.S. livestock for the first time since 1966. Luke Vargas hosts.  Sign up for WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Treasury yields rose after ADP reports solid private hiring. And GitLab shares fell after it announced plans to cut 14% of its staff. Danny Lewis 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: Macy's lifts its outlook for the year after strong first-quarter sales. And Ukraine strikes St. Petersburg with drones ahead of a speech at an economics forum there by Russian president Vladimir Putin. 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 OECD warns of multiple recessions if the war with Iran continues. And ‘60 Minutes' correspondent Scott Pelley is fired by CBS News. Luke Vargas hosts.  Sign up for WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

U.S. stocks close at fresh records for their fifth straight session. And Marvell Technology shares jump after Nvidia's Huang says it could become the next $1 trillion company. Alexis Green 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: Cleveland Federal Reserve President Beth Hammack says the central bank may need to respond if inflation continues. And Victoria's Secret stock skyrockets after the retailer posts strong first-quarter sales. 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: The Trump administration proposes a new 25% tariff on some Brazilian goods. And Google asks for billions to fund its AI buildout. Luke Vargas hosts.  Sign up for WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Fresh tensions in the Middle East send oil prices higher. Plus: Taylor Morrison stock surges after Berkshire Hathaway agrees to buy the home builder for nearly $7 billion in cash. Alexis Green 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: Florida sues OpenAI and Sam Altman, saying the ChatGPT company knowingly released an unsafe product. And Barry Diller's People Inc. makes a bid for MGM Resorts. 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: Nvidia unveils a next generation lineup of laptops and desktops designed to run AI agents. And SoftBank leapfrogs Toyota to become Japan's most valuable company on news it will invest more than $50 billion in data centers in France. Luke Vargas hosts.  Sign up for WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Prospects for a peace deal with Iran lift U.S. stocks to new records. Plus: Dell shares skyrocket as demand grows for its AI products. Replimune's stock jumps after securing a path to resubmit its advanced melanoma treatment application. Alexis Green 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 wants cars to be at least 50% made in America under a trade pact with Mexico and Canada. And an armed Russian drone crashed into a residential building in Romania, injuring several people. 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: Dell shares surge nearly 40% higher after the computer hardware maker reports strong AI server growth and a new U.S. military contract. And ABC complies with the FCC's order to apply for early broadcast license renewals but says the demand is unconstitutional. Luke Vargas hosts. Sign up for WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Snowflake stock surges as the cloud-software company reports strong earnings and strikes a $6 billion deal with Amazon. Plus: Shares of Hormel Foods, whose brands include Planters, Skippy and Spam, soar amid strong quarterly results. Alexis Green 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: Billionaire Tilman Fertitta has agreed to buy Caesars Entertainment for about $5.7 billion. And a federal regulator has paused its review of a blockbuster railroad merger. 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 Justice Department opens a probe into writer E. Jean Carroll, who accused President Trump of sexual assault and defamation. And Meta rolls out paid subscription plans on its platforms as it hunts for revenue to fund its AI buildout. Luke Vargas hosts. Sign up for WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Stock indexes close at record highs after posting modest gains. Plus: Memory-chip maker Micron gains, while other tech stocks, including Nvidia, AMD and Intel retreat. Alexis Green 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: Robinhood adds a new feature to let customers use AI to trade. And a major shareholder of Universal Music Group slams the $65 billion bid from Bill Ackman's Pershing Square Capital. 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 edito Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: The Trump administration plans to deploy U.S. public health officers to Kenya for a potential Ebola quarantine facility for Americans. And memory-chip makers SK Hynix and Micron Technology have joined the elite group of clubs valued at over $1 trillion. Luke Vargas hosts. Sign up for WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Oil rises after a fresh round of strikes in Iran. Plus: Ferrari shares slump as the automaker debuts its first ever electric vehicle. Alexis Green 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: Growth in U.S. home prices slowed slightly in March. And Groupon will lay off up to 400 employees as it seeks to transform into an AI-native company. 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: China's Huawei says it can match cutting-edge Intel semiconductors by 2031 without equipment the U.S. has blocked it from accessing. And Eli Lilly is buying a trio of companies for around $4 billion to grow its infectious diseases business. Luke Vargas hosts. Sign up for WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Investors remain optimistic despite an uncertain backdrop in the Middle East. Plus: Shares of quantum-computing companies climb further after the Commerce Department announces $2 billion in grants. IMAX shares jump after the WSJ reports sales talks. Alexis Green 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: A closely watched measure of consumer sentiment fell to a new low this month. And celebrity makeup artist Charlotte Tilbury has played a key role in derailing a multibillion-dollar deal between Estée Lauder and Spanish beauty company Puig. 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: GOP lawmakers pull a vote to limit President Trump's Iran war powers. And SpaceX postpones the launch of its new Starship rocket. Daniel Bach hosts. Sign up for WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Nvidia stock slips despite beating analysts' expectations. And Spotify soars as the music streamer announces a new AI tool that lets users cover and remix songs. Alexis Green 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