What’s News in Markets: Walgreens Talks, Alphabet’s Quantum Leap, Cruise Control

市场新闻:沃尔格林会谈、Alphabet 的量子飞跃、巡航控制

WSJ Your Money Briefing

新闻

2024-12-14

5 分钟
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How Walgreens got on the way to recovery. And why Alphabet’s and Oracle’s paths diverged. Plus, how GM ending its robotaxi program hit rideshare stocks. 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
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  • Hey listeners, it's Saturday, December 14th.

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

  • Our look at the biggest stock moves of the week and the news of the drove home.

  • Let's get to it.

  • All right guys, next week is the big week.

  • The Fed will have another interest rate decision for us, the last one of the year.

  • And it seems like we've all settled on expecting a quarter percentage point cut,

  • especially after investors got to digest Wednesday's consumer price index data,

  • which was in line with consensus expectations and bolstered confidence that we have a cut coming our way.

  • Other stories we saw playing out in stocks this week include developments in the so-called U.S.-China chip war,

  • with Beijing announcing an antitrust probe of NVIDIA, the AI poster child stock.

  • And speaking of big tech, we saw some big moves from Oracle and Alphabet, but we'll come back to those in a bit.

  • Now let's look at the indexes.

  • The S&P 500 and Dow Jones industrial average ended up each posting weekly declines.

  • Meanwhile, the NASDAQ composite secured its fourth consecutive week of gains.

  • Looking at individual movers from the week, let's talk about Walgreens.