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.
Oct 31
What’s News in Markets: AI Selloff Deepens, Tech Earnings Disappoint, Binance Hack
Did disappointing earnings from Alphabet, Intel, and Amazon trigger a tech selloff? And why are Chevron and ExxonMobil posting record profits as fresh tension with Iran flares? Plus, are crypto markets panicking after the Binance hack? Host Jack Pitcher discusses the biggest stoc ... Show More
5m 43s
Oct 24
What’s News in Markets: Meta’s AI Bill, IBM’s Comeback, Musk Explores Merger
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. Sign up for the WSJ's free Markets A.M. newsletter. Hosted ... Show More
5m 21s
Oct 17
What’s News in Markets: CoreWeave Selloff, Apple Milestone, Borrowing Boom
What does the CoreWeave selloff signal for the AI trade? And will the iPhone Duo revive Apple’s sales? Plus, why are brokerages like Charles Schwab cracking down on margin loans? Host Imani Moise discusses the biggest stock moves of the week and the news that drove them. Sign up ... Show More
5m 42s