Plus: U.S. economic activity loses pace in January. Meta increases spending by 70% to focus on AI and a new data center. Ariana Aspuru hosts.Â
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Plus: Boeing warns investors about a $4 billion loss in the most recent quarter. And, Pete Hegseth’s nomination faces opposition from two Republican senators, setting the stage for a razor-thin confirmation vote. Kate Bullivant hosts.
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A strong start to earnings season and President Trump’s support for tax cuts and deregulation have buoyed the stock market. Plus: UnitedHeathCare names new CEO after the killing of Brian Thompson. GE Aerospace shares surge after beating analyst expectations. And American Airlines stock falls after predicting a bigger-than-expected quarterly loss. Danny Lewis reports.
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Plus: CNN lays off about 6% of its workforce as part of a shift toward digital growth. And a U.K. regulator launches an investigation into Apple and Google’s cellphone ecosystems. Ariana Aspuru hosts.Â
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Plus: Nvidia supplier SK Hynix posts bumper earnings thanks to the AI boom. And, economists expect higher U.S. inflation and economic growth than they did a few months ago, a WSJ survey shows. Luke Vargas hosts.
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Plus: Netflix shares surged after reporting blockbuster earnings and subscription price hikes. Procter & Gamble advanced after solid quarterly results. And Johnson & Johnson stock fell after annual sales forecasts disappointed investors. Danny Lewis reports.
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Plus: Activists push Goldman Sachs and JPMorgan Chase to roll back their DEI efforts. New data signals that the U.S. economy slowed down a little in 2024. And a South Carolina energy provider is looking to revive plans to build nuclear reactors to power artificial intelligence. Alex Ossola reports.Â
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Plus: Pentagon chief pick Pete Hegseth faces new allegations around his drinking. And, President Trump wants to push for an early renegotiation of the U.S.-Mexico-Canada trade agreement. Luke Vargas hosts.
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Plus: 3M forecasts growth in sales and revenue, but could be vulnerable to tariffs. Apple stock falls after reports of slumping iPhone sales in China. And Charles Schwab shares surge after reporting a 76% increase in quarterly profits. Danny Lewis reports.
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Plus: Goldman Sachs promotes its next generation of leaders. And Israel’s military chief announces his resignation citing the army’s failure to protect the country on Oct. 7, 2023. Alex Ossola reports.Â
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Plus: the president is giving TikTok 75 more days to work out a deal to prevent it going offline in the U.S. And, the dollar rebounded, clawing back some of the ground it lost Monday on news Trump wouldn’t immediately impose tariffs. Luke Vargas hosts.
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