What’s News in Markets: Occidental Petroleum Wobbles, Tesla Gains, Bumble Soars

WSJ What’s News

The Wall Street Journal

News, Daily News

4 • 4K Ratings

🗓️ 28 June 2025

⏱️ 6 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

How did the Middle East conflict affect Occidental Petroleum stock? And what did Tesla’s robotaxi launch mean for its shares? Plus, why investors cheered Bumble’s cost-cutting. 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

Click on a timestamp to play from that location

0:00.0	Exclusively on Disney Plus.
0:02.0	It's hard and it's brutal and that's what makes it special.
0:06.0	The multi-award winning series, FX's The Bear, is back for a brand new season.
0:11.0	Upon my signal, unleash hell.
0:15.0	And every second counts.
0:17.0	When that shows zero, this restaurant ceases operations.
0:21.8	FX is the bear.
0:23.1	New season now streaming exclusively on Disney Plus.
0:27.1	18 plus subscription required season C's apply.
0:32.4	Hey listeners, it's Saturday, June 28th.
0:35.8	I'm Francesca Fontana for the Wall Street Journal, and this is
0:38.9	What's News and Markets, our look at the biggest stock moves of the week and the news that drove
0:43.5	them. Let's get to it. Well, the stock market sure ended this week on a high note. Stocks were on
0:49.8	the rise in recent sessions after the ceasefire between Israel and Iran seemed to stick, sending oil
0:56.5	prices lower, and easing fears of escalating conflict that could seriously disrupt the global
1:01.9	energy market. And late on Thursday, President Trump announced that a trade deal had been
1:07.5	signed with China, and the White House signaled that more deals were coming.
1:10.9	So, as investors were feeling the optimism, the SMP 500 and the NASDAQ composite both hit
1:17.4	new intraday records early in Friday session.
1:20.9	And then, later in the afternoon, stocks pulled back, pairing the day's gains.
1:25.9	Why?
1:26.9	Because Trump said he was cutting off all trade talks to Canada
	...

Transcript will be available on the free plan in 26 days. Upgrade to see the full transcript now.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from The Wall Street Journal, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Wall Street Journal and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.