What’s News in Markets: AI Whiplash, SpaceX’s Historic IPO, Knicks Fever

DOJ Career Staffers Were Surprised by Decision to Allow Paramount-Warner Deal

P.M. Edition for June 15. We’re exclusively reporting that Justice Department staffers investigating the merger between Paramount and Warner Bros. Discovery didn’t have an opportunity to object before the DOJ allowed the deal. Plus,news of the preliminary peace agreement between the U.S. and Iran sent stock markets soaring and oil prices sliding–though as WSJ energy markets reporter Rebecca Feng discusses, fully reopening the Strait of Hormuz may take a while. And two new blood tests can help diagnose Alzheimer’s disease. Journal health and wellness reporter Alex Janin says not everyone should take them, despite consumers’ growing interest in their own health. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

U.S. and Iran Reach Peace Deal. But Israel Won’t Withdraw From Lebanon

A.M. Edition for June 15. The U.S. and Iran say they’ve reached an interim deal to open the Strait of Hormuz and extend a ceasefire. WSJ Middle East correspondent Benoit Faucon says more needs to be ironed out as Israel’s defence minister said they will not withdraw from land it has seized in Lebanon. Plus, Anthropic sends top staff to Washington in a bid to end export restrictions. And, the U.K. announces plans for an under-16 social media ban. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

How a Health Insurance Shortfall in Georgia Could Play Out in the Midterms

Thousands of residents in the Peach State have dropped out of health insurance coverage since the start of 2025, prompted in part by this year’s expiration of enhanced federal subsidies that helped them pay their monthly premiums. For our special What’s News series The Cost-of-Living Election, WSJ national politics reporter Sabrina Siddiqui speaks to Republican pollster Adam Geller and Democratic pollster John Anzalone. They discuss voters’ expectations of Congress when it comes to healthcare costs, Democrats’ trust advantage on healthcare, and whether that could swing the election to their party—including incumbent Georgia Sen. Jon Ossoff—in November. Learn more about your ad choices. Visit megaphone.fm/adchoices

What’s News in Markets: AI Whiplash, SpaceX’s Historic IPO, Knicks Fever

Where are investors looking beyond AI? And how did the largest IPO in history move markets before it even started trading? Plus, can an NBA playoff run create shareholder value? Host Imani Moise discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

SpaceX Is Now America’s 6th Most Valuable Public Company

P.M. Edition for June 12. Shares of SpaceX closed up 19% on their first trading day, giving the company a market cap of more than $2 trillion and making Elon Musk the world’s first trillionaire. Plus, China has been importing a lot less oil since the start of the Iran conflict, helping keep a lid on global oil prices–without disrupting its economy. WSJ energy markets reporter Rebecca Feng discusses how China’s doing that, and what happens if the country reverses course. And Iran, the U.S. and mediators agree that a peace deal is close at hand. We hear from Journal Middle East correspondent Benoit Faucon about what points might still be up for debate. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices