Show Notes
A.M. Edition for Oct. 27. Just hours after unveiling details about its hotly-anticipated IPO, the AI startup announced a $63 billion debt deal to help fuel its AI infrastructure push. WSJ reporter Ben Dummett breaks down how Broadcom’s CEO intervened to seal the deal, which some critics have dubbed “circular financing.” Plus, tech reporter Amrith Ramkumar looks at the midterm races that could usher in fresh restrictions on data-center development. And despite once rapping that he’d never do it, Jay-Z is set to headline the next Super Bowl halftime show. Luke Vargas hosts.
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P.M. Edition for Oct. 26. Anthropic’s IPO paperwork is out, and the 400-page document gives unprecedented insight into the company’s current business and its future ambitions. Corrie Driebusch, who covers IPOs for the Journal, discusses what stood out and what comes next. Plus, tomorrow is Israel’s election, and tens of thousands of Israelis living in the U.S. and other countries are flying back to vote. WSJ’s Anat Peled reports from Tel Aviv about why the election is a referendum on Benjamin Netanyahu and why some consider it the most consequential election in Israel’s history. And Brazilian markets crash after President Luiz Inácio Lula da Silva unexpectedly won re-election last night. Alex Ossola hosts.
A.M. Edition for Oct. 26. As President Trump campaigns on a booming economy, reporter Jack Gillum breaks down a new WSJ analysis that shows his claims about pocketbook issues are facing widespread criticism across social media, podcasts and political advertising. Plus, Brazil’s leftist President Luiz Inácio Lula da Silva clings to power after orchestrating a surprise victory over Flávio Bolsonaro. And San Francisco voters debate a ballot measure to restore weekday vehicle traffic to a closed stretch of highway along the Pacific Ocean that is driving some locals mad. Luke Vargas hosts.
Democrats and Republicans are pulling out all the stops as they vie to control the next Congress, but neither party is saying much about their plans to address the looming 2032 depletion of the fund that pays out retirement benefits to nearly 75 million Americans. Budget observers find that particularly concerning, given the Senators elected this November will serve until early 2033. In this episode, WSJ tax policy reporter Richard Rubin looks at the range of options that exist to address Social Security's crunch. Luke Vargas hosts.
Can Meta afford to keep spending on AI? And why is IBM bucking the tech selloff? Plus, could Elon Musk combine Tesla and SpaceX? Host Imani Moise discusses the biggest stock moves of the week and the news that drove them.
P.M. Edition for Oct. 23. In midterm races around the country, Republicans are warning about radical socialists. But WSJ national security reporter Vera Bergengruen tells us that warnings of a “communist menace” don’t carry the sting they used to with U.S. voters. Plus, President Trump is rolling back 50% tariffs on some Canadian goods to boost ReSusan Collins’ bid to hold onto her Senate seat. And Xavier Martinez, who covers biotech for the Journal, explains why Moderna investors were underwhelmed by the leaked details of a clinical trial for a breakthrough cancer vaccine. Alex Ossola hosts.