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WSJ Your Money Briefing

What’s News in Markets: Temu’s Pressures, Nvidia Delivers, Beautiful E.l.f.

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.81.6K Ratings

🗓️ 31 May 2025

⏱️ 5 minutes

🧾️ Download transcript

Summary

What drove Temu’s profit down? And why doesn't Nvidia seem to need China to sell? Plus, how E.l.f. Beauty’s stock got a major glow-up. 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

This podcast is brought to you by FTI Consulting.

0:03.0

How do you prove a song wasn't stolen?

0:05.0

How do you create a market out of thin air?

0:08.0

How do you get the largest technology merger over the finish line?

0:11.0

Learn more at FTI Consulting.

0:13.0

Experts with Impact.

0:18.0

Hey listeners, it's Saturday, May 31st.

0:21.0

I'm Francesca Fontana for the Wall Street Journal, and this is What's News in Markets,

0:25.5

our look at the biggest stock moves of the week and the news that drove them.

0:29.9

Let's get to it.

0:31.2

You guys know, I usually do a play-by-play of the week, right?

0:34.5

I go day by day, give you the biggest stock moving news in the order

0:38.0

that we got it. But this week, I think the big question is, where are we with tariffs right now?

0:44.2

Are they done? Are they back? Were they ever really gone? So where are we with tariffs? Well,

0:50.9

they're still in place for now. But if you can imagine a cloud hanging over them right now, and that cloud's name is legal

0:58.3

limbo.

0:59.3

First, the U.S. Court of International Trade invalidated nearly all of President Trump's tariffs.

1:05.6

Then a federal appeals court allowed them to stay in effect.

1:08.7

Now that's not going to be the end of this saga, and it's

1:11.1

certainly not the end of the trade war, or our collective whiplash. Of course, there's other

1:17.0

noise. Trump accusing China of violating its deal with the U.S., etc., but that is the long and

1:23.1

the short of it. Tariffs are still in place. Companies aren't ripping up their revised guidance

...

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