Markets Jump on Hopes of a New E.U. Trade Deal

WSJ What’s News

The Wall Street Journal

News, Daily News

4 • 4K Ratings

🗓️ 24 July 2025

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

A.M. Edition for July 24. Japan’s TOPIX hits a new record high and European markets surge on trade optimism. So are 15% tariffs the new benchmark for trade with the U.S.? The WSJ’s Kim Mackrael discusses. Plus, Tesla’s profit plunges as EV sales continue to slip, and Elon Musk urges investors to look to future revenue streams. And Microsoft says human waste could be the key to offsetting the climate impact of its AI data centers. Azhar Sukri 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	Race the rudder, raise the sails, raise the sales!
0:05.0	Captain, an unidentified ship approaching. Over.
0:07.0	Roger that. Wait, is that an enterprise sales solution?
0:13.0	Reach sales professionals, not professional sailors.
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0:26.7	That's LinkedIn.com slash lead. Terms and conditions apply.
0:33.3	Global markets are surging and so is hope for peace in the trade war.
0:38.3	Plus, Tesla shares drop as its sales suffer their biggest fall in a decade, but Elon Musk remains upbeat.
0:46.3	We have done what we said we're going to do.
0:49.3	It doesn't mean we're always on time.
0:51.3	But we get it done.
0:53.3	And on these years are sitting there with egg on their face.
0:56.8	And how your poop could help power Microsoft to its AI-driven future.
1:02.7	It's Thursday, July the 24th.
1:04.7	I'm Azar Sukri for the Wall Street Journal.
1:07.4	Here is the AM edition of What's News,
1:10.1	the top headlines and business stories moving
1:12.6	your world today.
1:19.1	Trade optimism is fueling a global market rally with Japan's topics hitting a new record high
1:25.5	this morning and European stocks surging on signs that the
1:29.6	US and European Union are nearing a trade deal. President Trump's push to introduce a new standard
	...

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