The Journal.

There’s been a big sell off in tech stocks this week, as investors question tech companies’ massive spending on AI. This comes days after Anthropic secured a record-breaking $63 billion deal with Broadcom to finance more chip purchases. WSJ’s Alexander Saeedy explains the deal and why it's getting increasingly difficult for AI companies to raise money. Ryan Knutson hosts.  

Further Listening:

- A Sneak Peek Into Anthropic’s Business 

- Red, White and Who? The Anti-AI Voters

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A growing number of tech billionaires are pledging cash and stocks to American children through the federal government’s Trump Accounts. WSJ’s Konrad Putzier and Erich Schwartzel explain what’s driving this new trend in philanthropy. Imani Moise hosts.

Further Listening:

California Billionaires Are Freaking Out Over a New Tax Proposal

The Rise of the World’s First Trillionaire

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The studio behind the documentary “You Can See Everything” is A24. It’s an independent company with a reputation for critically acclaimed movies that fills theaters. Young audiences trust that an A24 release will be as relevant for them as a Disney movie is for families. WSJ’s Ben Fritz explains why. Ryan Knutson hosts.

Further Listening:

- These Movies Finally Got Gen Z Into Theaters

- Why Hollywood Can't Find Good Scripts

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“Red, White and Who?” The Journal’s election mini-series is back to cover the midterms. Every Wednesday, Ryan Knutson talks with reporters around the country about issues important to voters.

This week: Progressive candidates have been winning political offices across the country, mostly in blue areas. Many think they’re the future of the Democratic Party. But in these midterms, they face one of their first big tests. Can Abdul El-Sayed win the Senate race in Michigan, a battleground state that went for Trump two years ago? WSJ’s John McCormick spoke to voters about El-Sayed, progressive politics and whether key democratic voters will turn out for him. 

Further Listening:

- Red, White and Who? The Swing Voters in South Texas

- Red, White and Who? The Inflation Election

- Red, White and Who? The Anti-AI Voters

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The 2026 midterm cycle is the most expensive election in American history. At a time when huge sums of campaign money are flowing into races across the country, federal oversight has weakened. WSJ’s Maggie Severns explains where the influx of election cash is coming from and why the regulator charged with monitoring campaign funding is struggling to do its job. Ryan Knutson hosts.

Further Listening:

- Red, White and Who? The Swing Voters in South Texas

- Red, White and Who? The Inflation Election

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The real estate brokerage Compass sells many homes through private listings. But that strategy has received a lot of criticism. After a major acquisition earlier this year, Compass is now a behemoth in the industry, and private listings are becoming more common. WSJ's Katherine Clarke explains how Compass’s strategy is causing drama in the real estate industry. Imani Moise hosts.

Further Listening:

- Compass vs. Zillow: The Real Estate Wars

- A Case of Conspiracy in Real Estate

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This past weekend, mayhem broke out alongside peaceful demonstrations in France. What started as a protest over school resources spiralled into anger over potential big cuts to social services. For years the country had a high appetite for borrowed money taken out at low interest rates. But today France is facing a fiscal reckoning as more than $1 trillion of that debt will come due by 2030. WSJ’s Stacy Meichtry explains how France’s debt bomb contributed to the unrest. Ryan Knutson hosts.

Further Listening:

- Germany’s Economy Is Broken. There’s No Plan B.

- Will France Elect a Far-Right President?

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On Tuesday, OpenAI employee Abdulrahman Alfozan was charged with planting a recording device behind a conference room TV at its San Francisco headquarters. Imani Moise talks to WSJ’s Maxwell Zeff about the case, the suspect and why tech leaders are concerned about corporate espionage.

Further Listening:

- Apple vs. OpenAI

- Inside a Debate at OpenAI Over Mass Shootings

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Anthropic is preparing for what could be one of the biggest IPOs in history. WSJ's Anissa Gardizy got a look at a draft of the company's S-1. It reveals soaring revenue, a business heavily reliant on a few customers and a long list of risk factors, including the possibility of a catastrophic AI incident. Ryan Knutson hosts.

Further Listening:

- The Great AI Freakout Has Begun

- A Data Center Offered $26 Million for Her Land. She Said No.

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“Red, White and Who?” The Journal’s election mini-series is back to cover the midterms. Every Wednesday, Ryan Knutson talks with reporters around the country about issues important to voters.

This week: In 2024, President Trump made historic gains with voters in South Texas, especially Latinos. Now, many of these same voters are souring on the president and his party and considering swinging to Democrats in this year’s midterms. WSJ’s Elizabeth Findell and producer Matt Kwong talk to voters there about Trump, the senate race between James Talarico and Ken Paxton, and the issues that matter to them.

Further Listening:

- Red, White and Who? The Inflation Election

- Red, White and Who? The Anti-AI Voters

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Illustration: James Walton

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