WSJ What’s News

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.

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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.

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A.M. Edition for Oct. 23. The tech selloff shows signs of easing at the end of a rollercoaster week, even as signs of stress in the AI trade continued overnight, after one of the boom’s biggest winners SK Hynix halted a planned U.S. IPO of its memory-chip business. Plus, as politicians across the country push back against AI projects, WSJ reporter Joe Wallace explains why it’s creating a conflict with pension fund investments, which have raked in billions of dollars for Americans in AI-fueled returns. And New York City Council has voted to ban horse carriages, saying they will shut down the industry in 2028. Daniel Bach hosts.

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P.M. Edition for Oct. 22. Investors dump stocks connected to the AI buildout and buy up almost everything else, giving Treasury yields their biggest drop since 2023. Plus, while the price of oil keeps going up, your home heating bill may be cheaper this winter. Journal commodities reporter Ryan Dezember tells us what’s holding down the price of natural gas—and whether that can last. And WSJ personal finance reporter Oyin Adedoyin explains why more students are turning to private lenders to fund their education. Alex Ossola hosts.

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A.M. Edition for Oct. 22. As the U.S. and Israel signal a possible escalation, Middle Eastern mediators scramble to give new life to talks with Iran. While President Trump said he won’t attack before the midterms, WSJ’s Middle East correspondent Benoit Faucon said he’s recently sounded some hawkish notes. Plus, tech stocks sell off globally after a bevy of earnings releases from AI companies disappoint investors and put an abrupt stop to Wednesday’s relief rally. And Mark Zuckerberg agrees to stay in California, for now, as Meta splits its stock to potentially help him pay a future tax bill. Luke Vargas hosts.

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