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WSJ Your Money Briefing

What’s News in Markets: Capital One Gains, Consumer Conglomerate Woes, Alphabet Earnings Shine

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.81.6K Ratings

🗓️ 26 April 2025

⏱️ 5 minutes

🧾️ Download transcript

Summary

Why did Capital One’s merger news please investors? And how are tariffs worrying consumer conglomerates like Procter & Gamble? Plus, how Google parent Alphabet’s financials are holding up–for now. 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

Race the rudder. Raise the sails. Raise the sales.

0:04.0

Captain, an unidentified chip approaching. Over.

0:07.0

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0:12.0

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0:16.0

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0:21.4

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0:26.7

That's LinkedIn.com slash lead. Terms and conditions apply.

0:33.3

Hey listeners, it's Saturday, April 26th. I'm Francesca Fontana for the Wall Street Journal,

0:39.2

and this is What's News and Markets, our look at the biggest stock moves of the week and the news

0:44.0

that drove them. Let's get to it. The sun has come out here in New York, so it feels fitting

0:49.9

that we also got a break in the clouds in the stock market. The relief rally started with optimism for a trade deal after Treasury Secretary Scott

0:58.3

Besson said on Tuesday that he expects the trade war with China to de-escalate, even though

1:03.8

Beijing has said it isn't in negotiations with Washington.

1:07.7

And of course, some doveish comments from Fed officials on Thursday boosted hopes for lower

1:12.4

interest rates that certainly didn't hurt.

1:15.1

And it was after hours Thursday that we also got a strong earnings report from Alphabet.

1:20.0

More on that in a bit.

1:21.1

And though stocks traded mixed during Friday session, all three major indexes ended higher.

1:26.6

That is a four-day winning streak for those of you

1:28.8

playing along at home. On a weekly basis, the Dow rose 2.5%. The S&P 500 gained 4.6%. And the NASDAQ

1:38.0

jumped 6.7%. Early in the week, Capital One had some good news sending its shares higher, including

1:49.7

the green light on its merger with rival Credit Card Giant Discover.

...

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