WSJ What’s News

Are memory chips the new oil? And why are energy stocks getting the cold shoulder? Plus, how is Ford cashing in on the AI boom? Imani Moise discusses the biggest stock moves of the week and the news that drove them.

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P.M. Edition for May 29. Across industries, companies have been telling their employees to use more AI in their work. Now, as compute prices go through the roof, WSJ deputy tech bureau chief Brad Olson discusses how these companies are trying to scale it back. Plus, a federal judge puts a temporary pause on President Trump’s “anti-weaponization fund” amid a legal challenge. And move over Los Angeles—big film and TV studios are setting up shop in New Jersey. We hear from Journal entertainment reporter Ben Fritz about what’s drawing them to the Garden State. Alex Ossola hosts.

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A.M. Edition for May 29. A Blue Origin rocket explodes on its Florida launchpad, dealing a setback to Jeff Bezos’ space company. Plus, the Iran war energy shock sends drivers flocking to Costco gas stations. And with the U.S. intensifying its pressure campaign on Cuba, indicting Raúl Castro and warning of an increase in Russian and Chinese operations on the island, Dragonfly Intelligence analyst Ben Hiorns discusses whether U.S. military action could be in the cards. Luke Vargas hosts.

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P.M. Edition for May 28. Treasury Secretary Scott Bessent told reporters today that the U.S. and Iran are near an agreement, but that President Trump hasn’t signed off on it yet. Iran signaled that a final deal isn’t ready. Plus, 19 years after leaving Venezuela, Exxon Mobil is weighing whether to restart operations there. WSJ reporter Collin Eaton discusses the negotiations between Exxon and the Venezuelan government…and the company’s dilemma. And in New York City, wealthy retirees are buying “med-à-terres” to have a place to stay when they come back to see their doctors. Journal residential real estate reporter Jessica Flint explains what’s driving the trend. Alex Ossola hosts.

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A.M. Edition for May 28. As the backlash against artificial intelligence builds in the U.S. and elsewhere, WSJ China economics reporter Hannah Miao says Beijing is pushing companies to embrace AI, but warning them not to cut jobs as they embrace new tools. Plus, federal prosecutors charge a Google employee with insider trading after the software engineer allegedly made more than $1 million betting with nonpublic information. And Meta rolls out paid subscription plans for Facebook, Instagram and WhatsApp as the company tries to recoup some of the costs from its expensive AI buildout. Luke Vargas hosts.

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