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WSJ What’s News

What’s News in Markets: AI Reality Check, Oil’s Tipping Point, Crypto Winter

WSJ What’s News

The Wall Street Journal

News, Daily News

4.14.2K Ratings

🗓️ 6 June 2026

⏱️ 5 minutes

🧾️ Download transcript

Summary

Why did Broadcom's strong earnings trigger a chip selloff? And what does the standoff in the Middle East mean for oil prices? Plus, what’s bitcoin's value when no one is paying attention? Host Imani Moise 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

Attention all passengers.

0:04.2

The Uber ride for Mark and Jamal's romantic weekend

0:07.3

will depart in four minutes from Platform 6.

0:10.5

Your ride comes with a rolling countryside sunset view

0:13.7

and a table seat, ideal for playing footsie beneath.

0:17.9

Thank you for booking your tickets on Uber.

0:21.6

Trains on Uber.

0:26.3

Hey listeners, it's Saturday, June 6th.

0:29.7

I'm Imani Moise for the Wall Street Journal.

0:32.3

And this is what's news in markets, our look at the biggest stock moves of the week and the news that drove them.

0:38.3

Let's dive in.

0:40.3

Markets hit the brakes this week, with major indexes falling after setting record highs just last week.

0:46.3

A strong jobs report and rising tensions in the Middle East doaked fears about inflation.

0:51.3

A conservative revenue outlook from one of the world's biggest chipmakers

0:54.7

caused investors to question whether AI growth expectations were beginning to lose touch with

0:59.5

reality. And a sale by one of Bitcoin's biggest bulls triggered a crypto sell-off. The tech-heavy

1:05.8

NASDAQ tumbled 4.7 percent, and the SMP snapped a nine-week winning streak ending 2.6% lower.

1:13.3

Those were the worst weekly declines for those indexes so far this year.

1:17.0

The Dow declined 0.3%.

1:22.2

The AI trade hit a speed bump this week as one of the industry's biggest chipmakers

1:27.3

prompted investors

1:28.3

to rethink some of their loftiest expectations. Broadcom reported an explosive 48% surge in revenue

...

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