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WSJ Minute Briefing

AI Deals Boost U.S. Stocks to New Records

WSJ Minute Briefing

The Wall Street Journal

Business News, News

4.1671 Ratings

🗓️ 28 October 2025

⏱️ 2 minutes

🧾️ Download transcript

Summary

Plus: UPS and Amazon stocks rise after announcing steep job cuts. 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

Transcript

Click on a timestamp to play from that location

0:00.0

Boardrooms love buzzwords.

0:02.0

AI, climate, resilience.

0:03.8

But what do they actually mean for CFOs and execs trying to survive the next earnings call?

0:08.3

That's where the pre-read comes in.

0:09.9

Real experts and real talk.

0:11.7

Subscribe to the pre-read, presented by Workieva.

0:18.8

Here's your closing bell brief for Tuesday, October 28th. I'm Catherine Sullivan for the Wall Street Journal.

0:25.8

U.S. stocks charged to new records today, driven by enthusiasm for artificial intelligence deals and strong corporate earnings.

0:33.1

The NASDAQ led the way, rising 0.8% to a fresh high. The S&P 500 added 0.2%, and the Dow climbed

0:40.9

0.3%, also setting records. Microsoft shares rose 2%, closing above a $4 trillion market cap for the

0:48.6

first time after finalizing a deal with OpenAI. Gold futures also slid, as optimism grew for a U.S.-China trade agreement.

0:57.3

Among other individual companies, Nvidia shares gained 5% after the chip giant revealed plans

1:03.3

to invest $1 billion in Nokia. Nokia shares surged 23% on the news. Shares of United Parcel

1:10.8

Service rallied 8% after it raised its annual

1:13.8

outlook and announced it was cutting 48,000 jobs. Meanwhile, Amazon stock increased 1% after the company

1:21.4

announced 14,000 job cuts. Camaco shares jumped 23% and Brookfield Asset management rose 1 percent on plans to build $80 billion in new U.S. nuclear reactors. And Kenview shares dropped 4 percent after Texas sued the Tylenol maker, alleging it deceived mothers about autism risks.

1:42.7

Heads up, an artificial intelligence tool helped us make this episode

1:45.9

by creating summaries that were based on WSJ reporting

1:49.1

and then reviewed and adapted by an editor.

1:52.1

We'll have a lot more coverage of the day's news on the WSJ's What's News podcast.

1:56.7

You can add it to your playlist on your smart speaker

1:58.7

or listen and subscribe wherever you get your podcasts.

...

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