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WSJ What’s News

Can AI Startups Keep Powering Big Tech’s Spending Spree?

WSJ What’s News

The Wall Street Journal

News, Daily News

4.14.2K Ratings

🗓️ 1 November 2024

⏱️ 13 minutes

🧾️ Download transcript

Summary

A.M. Edition for Nov. 1. WSJ global tech editor Jason Dean breaks down the results of this week’s tech earnings amid investor concern over soaring capital expenditures. Plus, Boeing offers machinists a 38% raise over four years as it tries to end a monthslong strike. And the WSJ’s Megan Graham explains how marketers are getting creative as they contend with a deluge of political ads that threaten to drown out their message. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

You let him try violin because you love him.

0:03.7

And if you love him that much, love him enough to make sure he's buckled up and in the back seat.

0:07.8

Find out more at NHTSA.gov slash the right seat.

0:11.5

Brought to you by the National Highway Traffic Safety Administration and the Ad Council.

0:18.4

Kamala Harris tweaks her stump speech to capitalize on Donald Trump's comments about women while he tries to put more states in play.

0:26.6

Plus, Boeing makes a third attempt to end a strike that's hobbled its business for months.

0:31.6

And tech earnings show that big AI spending is starting to pay off, but how sustainable is a reliance on startups to

0:39.4

keep renting expensive servers? Those companies themselves are not profitable, and they're

0:43.8

largely providing revenue for these services to Microsoft, Amazon, and Google those so-called

0:50.6

hyperscalers from money they're getting from investors.

0:55.9

It's Friday, November 1st.

1:00.3

I'm Luke Vargas for the Wall Street Journal, and here is the AM edition of What's News,

1:04.1

the top headlines and business stories moving your world today.

1:15.9

Days after Donald Trump seized on negative remarks about his supporters by President Biden,

1:22.6

Kamala Harris on the campaign trail last night quoted back her opponent's recent comments about being a guardian of women.

1:38.2

Speaking in Phoenix, Harris cited Trump's remarks from a day earlier in which he said that his advisors had urged him not to bring up an often-used line about protecting women before he stated that, quote, I'm going to do it whether the women like it or not, I'm going to protect them. He simply does not respect the freedom of women or the intelligence of women to know what's in their own

1:48.5

best interests and make decisions accordingly. But we trust women. We trust women. Surveys show that a

1:57.3

wide gender gap has come to define the contours of the deadlocked presidential

2:01.3

race, with Trump garnering the support of more men and Harris attracting more women.

2:07.4

Meanwhile, before ending his night in Nevada, Trump made a detour yesterday to New Mexico,

2:12.6

the latest in a string of recent stops in states not typically seen as competitive,

2:17.5

including New York, California, and Montana.

...

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