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What Linda Yaccarino’s Departure Means for X

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Manage episode 493568987 series 2428755
Content provided by The Wall Street Journal. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Wall Street Journal or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

P.M. Edition for July 9. After about two years at the helm of Elon Musk’s social-media platform, Linda Yaccarino has stepped down as the CEO of X. WSJ advertising editor Suzanne Vranica discusses what that means for X, which recently merged with Musk’s artificial intelligence company xAI. Plus, AI chip maker Nvidia became the world’s first company to hit a $4 trillion valuation, before paring gains this afternoon. And minutes from the Federal Reserve’s June meeting shows that officials are divided about when to resume rate cuts this year. The emerging split comes as President Trump puts pressure on Fed Chair Jerome Powell, even as the president considers candidates for his replacement. We hear from WSJ White House economic policy reporter Brian Schwartz about which candidate seems to be leading the Apprentice-style contest. Alex Ossola hosts.

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3662 episodes

Artwork
iconShare
 
Manage episode 493568987 series 2428755
Content provided by The Wall Street Journal. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Wall Street Journal or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

P.M. Edition for July 9. After about two years at the helm of Elon Musk’s social-media platform, Linda Yaccarino has stepped down as the CEO of X. WSJ advertising editor Suzanne Vranica discusses what that means for X, which recently merged with Musk’s artificial intelligence company xAI. Plus, AI chip maker Nvidia became the world’s first company to hit a $4 trillion valuation, before paring gains this afternoon. And minutes from the Federal Reserve’s June meeting shows that officials are divided about when to resume rate cuts this year. The emerging split comes as President Trump puts pressure on Fed Chair Jerome Powell, even as the president considers candidates for his replacement. We hear from WSJ White House economic policy reporter Brian Schwartz about which candidate seems to be leading the Apprentice-style contest. Alex Ossola hosts.

Sign up for the WSJ's free What's News newsletter.

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

3662 episodes

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