What’s News in Markets: AI Rewards, Target Missed, Rivian’s Glovebox

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.8 • 1.6K Ratings

🗓️ 9 March 2024

⏱️ 5 minutes

🔗️ Recording | iTunes | RSS

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Summary

Which Broadcom financial figures swayed investors? And how is Target planning its turnaround? Plus, how much does a Rivian with a glovebox cost? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:24.0	Tees and sees apply.
0:25.0	Soul traders or limited company directors in the UK can apply.
0:28.0	Hey listeners, it's Saturday, March 9th.
0:34.6	I'm Francesco Fontana for the Wall Street Journal,
0:37.0	and this is What's News and Markets,
0:38.8	our look at the biggest stock moves of the week
0:41.2	and the news that drove them. Let's get to it. of the major indexes coming off their fourth
0:54.4	straight month of games we're watching to see if the market can keep up its hot
0:58.5	streak. The big story behind last week's rally was NVIDIA, the chipmaker and de facto poster child of this AI boom that's
1:06.0	powering the market higher. But some of these AI sensitive stocks have been
1:10.1	volatile lately too and we did see Tech Shares waffle a bit this week.
1:14.8	Still, that didn't stop the S&P 500 from hitting a new record close on Thursday,
1:20.0	ending about 1% higher at 5,157.
1:24.4	For those of you keeping score at home,
	...

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