Week of Strong Earnings Pushes Nasdaq to Another Record
WSJ Minute Briefing
The Wall Street Journal
4.1 • 671 Ratings
🗓️ 1 May 2026
⏱️ 3 minutes
🧾️ Download transcript
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| 0:00.0 | Access to affordable credit helps me pay my employees, but I don't really need it. |
| 0:05.0 | Infliction is killing me! |
| 0:08.0 | But who cares? Big retailers are making record profits! |
| 0:12.0 | That's why we support the Durban Marshall Credit Card Bill! |
| 0:15.0 | See? Banks and credit unions help small businesses make payroll. |
| 0:18.0 | This bill would cut the vital resources they need. |
| 0:25.1 | While increasing megastore profits, they deserve it. Don't they? |
| 0:29.1 | Tell Congress, stop the Durban Marshall money grab for corporate megastores. |
| 0:31.2 | Paid for by the Electronic Payments Coalition. |
| 0:40.6 | Here's your closing bell brief for Friday, May 1st. I'm Catherine Sullivan for the Wall Street Journal. |
| 0:50.6 | U.S. stocks kicked off May on an optimistic note today. The NASDAQ rose nearly 0.9%, and the S&P 500 rose about 0.3%. Both hit new records. Tech shares drove the gains following several strong earnings reports. Lower oil prices also helped boost the mood for investors. The Dow, however, slipped 0.3%. Among individual companies, Apple shares rose over 3% today. Yesterday, the company reported stronger than expected sales as iPhone revenue soared. |
| 1:13.6 | Reddit shares surged 13%. The social media company saw first quarter sales and profits rise |
| 1:19.8 | from double-digit growth in ad revenue. Roblox shares slid more than 18%. The video game maker |
| 1:26.7 | cut its full year guidance due to higher safety costs. |
| 1:30.3 | Chlorox shares dropped nearly 10%. The business lowered its earnings guidance because of high |
| 1:35.3 | acquisition costs. And Occidental Petroleum shares fell 3%. Investors reacted to the news that |
| 1:42.1 | chief executive Vicki Hollub will retire from the oil and gas company next month. |
| 1:47.3 | Heads up, an artificial intelligence tool helped us make this episode by creating summaries that were based on WSJ reporting and then reviewed and adapted by an editor. |
| 1:56.1 | We'll have a lot more coverage of the day's news on the WSJ's What's News podcast. |
| 2:00.6 | You can add it to your |
| 2:01.3 | playlist on your smart speaker or listen and subscribe wherever you get your podcasts. |
| 2:06.2 | Isn't home where we all want to be? Reba here forrealtor.com, the pro's number one most |
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