WSJ Minute Briefing

Plus: Iran expands its definition of the Strait of Hormuz, signaling Tehran’s intent to widen its grip on the crucial waterway. And Jack Daniel’s parent company Brown-Forman has rejected a $15 billion takeover offer from Sazerac. Daniel Bach hosts. Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Tech stocks including Intel and Qualcomm drop sharply, undoing recent gains. And Wendy’s stock surges after reports that investor Nelson Peltz is in talks to take the company private. Alexis Green 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. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: eBay rejects GameStop’s $56 billion takeover proposal. And PayPal reached a $30 million settlement with the Justice Department. Anthony Bansie 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. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: OpenAI CEO Sam Altman’s personal investments are coming under scrutiny from Republicans ahead of a planned IPO. And a U.K. political crisis hits the Pound and government bonds. Daniel Bach hosts. Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Oil rises as diplomacy efforts stall in the Middle East. And Moderna shares dropped amid news the company is researching vaccines to protect against hantaviruses. Alexis Green 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. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Home sales were flat last month, a blow to the housing industry. And a measure of the labor market rose in April. 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. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Passengers from the cruise ship with a hantavirus outbreak return home, with one American testing positive. And inflation in China soars on the back of higher energy costs. Daniel Bach hosts. Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Chip-makers’ stock gains push Nasdaq to its 11th record close of the year. Corning shares rise after announcing an investment from Nvidia. And strong international sales push Monster Beverage shares higher. 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. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: U.S. military forces strike Iranian-flagged oil tankers trying to break the blockade. And the Virginia Supreme Court throws out Democrats' effort to draw more blue-leaning seats ahead of the midterm elections. Anthony Bansie 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. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: President Trump is downplaying Thursday’s exchange of fire between the U.S. and Iran in the Persian Gulf. And more airlines are reporting hits to their bottom line from rising fuel costs. Daniel Bach hosts. Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

SoftBank shares rallied on investor optimism in AI. Plus: Whirlpool stock tumbles, citing a “recession-level industry decline” due to the Iran war. 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. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: McDonald’s gets a boost from its value meals. And a Chinese military court has issued suspended death sentences for two of the country’s former defense ministers. Pierre Bienaimé 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. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Washington and Beijing are considering guardrails around AI as competition threatens to become the arms race of the digital era. And Arm Holdings says it’s doubling its demand forecast for a new line of computer chips. Daniel Bach hosts. Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Optimism over AI helped fuel the rally. Plus: Uber shares rise after an increase in revenue and bookings. 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. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Disney’s new CEO lays out his vision for the company. And Chinese AI lab DeepSeek seeks to raise money at a $50 billion valuation. 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. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Novo Nordisk rallies on strong sales of its weightloss pill. And President Trump pauses the U.S. operation to guide commercial ships through the Strait of Hormuz. Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

The chipmaker’s stock soared after reports it might build chips for Apple in the U.S. Plus: Anheuser-Busch shares rose after reporting a growth in sales. 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. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Coinbase is cutting about 14% of its workforce. And sales of new single-family homes rose in March. Anthony Bansie 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. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Foreclosures are rising as the Trump administration scraps a Biden-era subsidy. And, Palantir shares gain off hours following a jump in revenue. Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: eBay shares rise after an offer from GameStop CEO to buy the e-commerce company. And Norwegian Cruise Lines stock falls after cutting its outlook. 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. Learn more about your ad choices. Visit megaphone.fm/adchoices