As cryptocurrency exchange Binance proposed and then pulled out of an acquisition of rival FTX, bitcoin and other cryptocurrencies suffered sharp declines. WSJ reporter Vicky Ge Huang joins host J.R. Whalen to explain how these exchanges function and why Binance’s action triggered a crypto selloff.
Jul 25
What’s News in Markets: AI’s Price Tag, Elon Musk’s Reality Check, a Fast Track to Trump Posts
How much AI spending is too much? And why are some Tesla and SpaceX investors losing patience with Elon Musk? Plus, why are Wall Street firms paying up to $100,000 for a fast track to Trump posts? Host Imani Moise discusses the biggest stock moves of the week and the news that dr ... Show More
5m 7s
Jul 18
What’s News in Markets: IBM’s Warning, Apple’s Comeback, Wall Street Cashes In
an a 115-year old company reinvent itself for the AI era? And what does Apple’s rally say about the AI trade? Plus, why are Wall Street traders having their best year ever? Host Imani Moise discusses the biggest stock moves of the week and the news that drove them. Sign up for th ... Show More
5m 3s
Jul 11
What’s News in Markets: Middle East Strikes Send Oil Higher, South Korean Chip Stocks Fall, SpaceX Stumbles
How are markets responding to renewed tensions in the Middle East? And why did Samsung’s blockbuster earnings send shares lower? Plus, why didn’t SpaceX get the Nasdaq-100 boost investors were hoping for? Host Imani Moise discusses the biggest stock moves of the week and the news ... Show More
4m 31s