Oil and defense stocks also rallied on the news. Plus: Bed Bath & Beyond shares rose after the company announced a new chief executive. Katherine Sullivan hosts. Sign up for the WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.

Plus: Minnesota Governor Tim Walz drops his re-election bid amid a welfare fraud scandal in the state. And Toyota reports strong sales for the final months of 2025. Alex Ossola hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.

Plus: Chevron shares rally, but oil futures are muted after President Trump says the U.S. could keep some of the profits from Venezuela’s oil output. And news of a potential market-first diabetes treatment for children as young as one. Sign up for WSJ’s free What’s News newsletter.

A surprisingly strong GDP report boosted investors' spirits. Plus: American depositary receipts for Novo Nordisk rise after U.S. regulators approved a pill version of weight-loss drug Wegovy. Danny Lewis hosts. Sign up for the WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.

Plus, a jury orders Johnson & Johnson to pay over $1.5 billion in a lawsuit alleging its talc products caused cancer. And as car prices rise, consumers are increasingly seeking out longer-term auto loans. Alex Ossola hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.

Plus: The U.S. bans new China-made drones from DJI and Autel Robotics, sparking outrage among pilots. And U.S. regulators approve the first GLP-1 weight-loss pill, a tablet formulation of Novo Nordisk’s Ozempic and Wegovy. Daniel Bach hosts. Sign up for WSJ’s free What’s News newsletter.

Gold and silver prices hit new records. Plus: Tesla shares rise after winning a legal battle over CEO Elon Musk’s pay package. Katherine Sullivan hosts. Sign up for the WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.

Plus: Top officials at the Heritage Foundation decamp to former Vice President Mike Pence’s Advance American Freedom organization. And cosmetics retailer Coty appoints a former Procter & Gamble veteran as interim chief executive. Alex Ossola hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.

Plus: One of Elon Musk’s old enemies joins the race to run General Motors. And the third “Avatar” movie opens to about $345 million worldwide, well below the second film’s $435 million. Daniel Bach hosts. Sign up for WSJ’s free What’s News newsletter.

Plus: Nike stock falls after predicting declining sales. And BioMarin Pharmaceutical shares rise after announcing a new acquisition deal. Katherine Sullivan hosts. Sign up for the WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.