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WSJ What’s News

Tesla Turmoil, WK Kellogg Gains, MP Materials Soars

WSJ What’s News

The Wall Street Journal

News, Daily News

44K Ratings

🗓️ 12 July 2025

⏱️ 6 minutes

🧾️ Download transcript

Summary

Why did the latest back-and-forth between President Trump and Elon Musk affect Tesla shares? And what food-industry deal news gave WK Kellogg a bump? Plus, why did a Pentagon investment lift shares of rare-earths miner MP Materials? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

I had the absolute pleasure of speaking to Pamela Anderson.

0:04.2

All thanks to the Dove Self-Eesteem Project.

0:07.1

We speak about the impact Y2K has had on women's body confidence and how Pamela has regained control.

0:12.9

The Dove Self-Esteen project is an amazing initiative supported by science-backed methodology

0:17.8

to help us improve our relationship with our bodies.

0:20.8

To find more

0:21.4

body confidence-building exercises, go to dove.com forward slash Y2K. That's Y2K-Selt W-H-Y2K.

0:31.3

Hey listeners, it's Saturday, July 12th. I'm Francesca Fontana for the Wall Street Journal,

0:38.4

and this is What's News and Markets. our look at the biggest stock moves of the week and the news that drove them.

0:43.4

Let's get to it. Maybe one day I won't sound like such a broken record, but once again,

0:49.7

the big story of the stock market this week was trade, trade, trade. I'm going to stick to a couple of the

0:55.2

highlights. So first off, President Trump's announcement of tariffs on global copper imports

1:00.5

sent the metals futures rising, and with them, shares of mining companies like Freeport McMorrin,

1:06.8

which gained 2.5% on Tuesday. And the stock rose roughly 3.5% on Thursday the day after Trump reiterated his plans for the U.S.

1:16.5

to start collecting the tax on August 1st.

1:19.2

There's also the Brazilian tariff news, 50%, also starting next month.

1:24.0

And this sent a BlackRock ETF that tracks an index of Brazilian stocks falling.

1:29.7

U.S. traded shares of JetMaker and Breyer dropped more than 4% on Thursday. And most relevant

1:35.7

to my caffeine-fueled lifestyle, Arabica Coffee Futures rose 1.3%. All in all, the three major

1:42.4

indexes each fell on the week. The Dow lost 1%, the S&P 500 lost 0.3%, and the NASDAQ edged 0.1% lower.

1:53.4

The beef between Trump and billionaire Elon Musk is still going strong and still moving shares of Musk's electric car maker, Tesla.

2:02.6

On Monday, traders reacted to the latest in their feud.

...

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