What’s News in Markets: IBM’s Warning, Apple’s Comeback, Wall Street Cashes In

Chinese AI Models Are Worrying Washington and Silicon Valley

P.M. Edition for July 21. Recent AI models from China claim they’re just as powerful as some of the most cutting-edge models from OpenAI and Anthropic. Journal reporter Amrith Ramkumar [https://www.wsj.com/news/author/amrith-ramkumar?mod=WSJ_WNPOD] joins to discuss the latest reactions [https://www.wsj.com/tech/ai/top-american-ai-execs-sound-alarm-on-chinese-models-3c74f8c1?mod=WSJ_WNPOD] from Silicon Valley and the White House. Plus, General Motors had a strong second quarter [https://www.wsj.com/business/earnings/gm-raises-full-year-outlook-as-customer-demand-remains-strong-6c3d2e9b?mod=WSJ_WNPOD] as consumers kept buying pickup trucks and SUVs. And New Jersey says a software error [https://www.wsj.com/politics/policy/new-jersey-removes-6-600-noncitizens-from-voter-rolls-after-software-error-9acc2492?mod=WSJ_WNPOD] led to almost 400 non-citizens voting in elections in the state since 2023. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter [https://www.wsj.com/newsletters/whats-news?mod=WSJ_WNPOD]. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com [https://pcm.adswizz.com] for information about our collection and use of personal data for advertising.

Can Disney Magic Save the Kraft Heinz Kingdom?

A.M. Edition for July 21. The White House claims trade discrimination in slapping new 50% tariffs on Canadian goods [https://www.wsj.com/economy/trade/trump-imposes-additional-50-tariffs-on-certain-canadian-goods-5ab06a45?mod=WSJ_WNPOD], including wine, hockey sticks and cement, though energy, fish and critical minerals are exempt. Plus, Kraft Heinz hopes Disney will help sprinkle some magic on its products as the sides strike a multiyear partnership [https://www.wsj.com/business/media/kraft-heinz-strikes-deal-with-disney-to-supply-resorts-and-tap-characters-d24a8b15?mod=WSJ_WNPOD]. And WSJ’s Lindsay Ellis [https://www.wsj.com/news/author/lindsay-ellis?mod=WSJ_WNPOD] says firms built from the get-go around AI are offering a vision of a much leaner and flatter workforce [https://www.wsj.com/tech/ai/ai-companies-staffing-c9029343?mod=WSJ_WNPOD] that could be the future for American corporations. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter [https://www.wsj.com/newsletters/whats-news?mod=WSJ_WNPOD]. WSJ’s Take On The Week - How This $150B+ Wall Street Strategy Could Lower Your Taxes [https://www.wsj.com/podcasts/take-on-the-week/how-this-150b-wall-street-strategy-could-lower-your-taxes/ae431ad7-8be4-43cf-9138-452fdf2e41fd] Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com [https://pcm.adswizz.com] for information about our collection and use of personal data for advertising.

Why Retail Traders Are Over the Mag Seven

P.M. Edition for July 20. The Magnificent Seven have dominated the stock market for years. But now, as markets reporter Hannah Erin Lang [https://www.wsj.com/news/author/hannah-erin-lang?mod=WSJ_WNPOD] discusses, there are signs that everyday investors are buying fewer shares [https://www.wsj.com/finance/stocks/everyday-investors-are-over-the-mag-seven-and-into-new-ai-darlings-a112ea2b?mod=WSJ_WNPOD] of the megacap tech companies as they look to find the next big AI stock. Plus, a judge puts a temporary restraining order [https://www.wsj.com/business/media/judge-temporarily-blocks-paramount-warner-deal-a9c6af43?mod=WSJ_WNPOD] on the $81 billion merger of Paramount and Warner Bros. Discovery. And how much coffee should you drink [https://www.wsj.com/health/wellness/coffee-study-american-heart-association-ab2f6b8c?mod=WSJ_WNPOD] for a healthy heart? A new scientific statement from the American Heart Association has the answer… and it may be more than you think. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter [https://www.wsj.com/newsletters/whats-news?mod=WSJ_WNPOD]. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com [https://pcm.adswizz.com] for information about our collection and use of personal data for advertising.

U.S.-Iran Ceasefire Collapses as American Death Toll Rises

A.M. Edition for July 20. As fighting between the U.S. and Iran intensifies, [https://www.wsj.com/world/middle-east/jordan-becomes-new-flashpoint-in-u-s-iran-war-as-troop-deaths-rise-9858b7d1?mod=hp_lead_pos1]Secretary of State Marco Rubio says Tehran’s actions speak louder than words, after three U.S. servicemembers were killed [https://www.wsj.com/world/middle-east/jordan-becomes-new-flashpoint-in-u-s-iran-war-as-troop-deaths-rise-9858b7d1?mod=WSJ_WNPOD] over the weekend. Plus, the World Cup provides an economic boost to U.S. host cities [https://www.wsj.com/business/hospitality/i-never-want-it-to-end-the-surprise-economic-boost-for-world-cup-host-cities-523c0be6?mod=WSJ_WNPOD], as fears of a summer bust fizzle. And as Britain gets a new prime minister, a mix of politics, outdated regulation and higher building costs are strangling London, which needs more than one million new homes [https://www.wsj.com/real-estate/london-needs-1-1-million-homes-its-1940s-planning-rules-stand-in-the-way-f850468b?mod=WSJ_WNPOD]. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter [https://www.wsj.com/newsletters/whats-news?mod=WSJ_WNPOD]. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com [https://pcm.adswizz.com] for information about our collection and use of personal data for advertising.

How Governments in the U.S. and Europe Are Stalling the AI Buildout

Tech companies are spending hundreds of billions on infrastructure to power AI, but they’ve run into a major roadblock: government regulation. From the U.S. to Europe, a growing backlash over zoning, land, and energy use is putting the brakes on data centers. WSJ reporters Will Parker [https://www.wsj.com/news/author/will-parker?mod=WSJ_WNPOD] and Yusuf Khan [https://www.wsj.com/news/author/yusuf-khan?mod=WSJ_WNPOD] join host Alex Ossola to discuss how governments in the U.S. and Europe are stalling the AI buildout. Further Reading These Cities and States Are Taking Aim at Data Centers [https://www.wsj.com/tech/ai/these-cities-and-states-are-taking-aim-at-data-centers-3b98adf1?mod=WSJ_WNPOD] Can a Prettier Data Center Curb the Community Backlash? [https://www.wsj.com/real-estate/can-a-prettier-data-center-curb-the-community-backlash-c909a239?mod=WSJ_WNPOD]  These Rural Americans Are Trying to Hold Back the Tide of AI [https://www.wsj.com/politics/policy/these-rural-americans-are-trying-to-hold-back-the-tide-of-ai-66945306?mod=WSJ_WNPOD]  Bring Your Own Power, Ireland Tells Tech Titans Hungry for Data Centers [https://www.wsj.com/business/bring-your-own-power-ireland-tells-tech-titans-hungry-for-data-centers-ea750af8?mod=WSJ_WNPOD] The American Rebellion Against AI Is Gaining Steam [https://www.wsj.com/tech/ai/the-american-rebellion-against-ai-is-gaining-steam-94b72529?mod=WSJ_WNPOD]  We Tracked the Growing Pushback Against Data Centers [https://www.wsj.com/video/series/on-the-news/we-tracked-the-growing-pushback-against-data-centers/4EC7ACAC-4D73-4103-85A1-3C4410F8BBF9?mod=WSJ_WNPOD]  A Data Center Revolt in Missouri [https://podcasts.apple.com/us/podcast/a-data-center-revolt-in-missouri/id1469394914?i=1000766678878]  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com [https://pcm.adswizz.com] for information about our collection and use of personal data for advertising.