WSJ Minute Briefing

Plus: Fast-fashion retailer Shein makes its long-awaited Hong Kong debut. And Apple rises as Tim Cook hands over the reins. Imani Moise hosts.

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Plus: Two oil tankers were struck by rockets while trying to make a midnight crossing of the Strait of Hormuz. And Novartis is pausing clinical trials of an experimental therapy after three patients died. Pierre Bienaimé hosts.

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Plus: Stocks fall after Shein’s IPO disappoints. And President Trump backs a federal credit to help the beleaguered U.S. movie and television industry. Luke Vargas hosts. 

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Plus: Renewed fighting in the Strait of Hormuz sends Brent crude futures back above $90 a barrel. And PG&E shares are down after lawmakers introduce new wildfire legislation. Alexis Moore hosts.

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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.

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Plus: California publicly traded utilities tumble after state lawmakers reject plan to shield them from wildfire claims. And Aon agrees to a $17 billion deal to buy USI Insurance from KKR. Pierre Bienaimé hosts.

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Plus: High fuel costs and domestic competition hurt China’s major airlines. And central bankers are warned of the threats posed by AI. Luke Vargas hosts. 

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The Federal Reserve chairman highlights the need to get inflation back down to the central bank's 2% target. Plus: Marvell Technology shares sink more than 10%, underlining the high expectations investors have for companies tied to the AI boom. Pierre Bienaimé hosts.

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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.

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Plus: Chevron and other U.S. energy companies are closing in on deals to invest billions of dollars in Venezuela. And shares in Gap jumped after the retailer reported an increase in same-store sales for its Gap brand. Pierre Bienaimé hosts.

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Plus: Regulators expand their crackdown on prediction markets. And Nvidia hits pause on some revenue-sharing deals with AI cloud companies. Luke Vargas hosts.

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Ten out of 11 S&P sectors fell on the day, but tech alone rose 3.4%. Plus: Okta was a big beneficiary of demand for AI agents in its latest quarter; its stock jumped after it raised its outlook. Pierre Bienaimé hosts.

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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.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.