WSJ Minute Briefing

Signs of thawing trade relations between the Trump administration and China helped boost stocks. But the trade war continues to cause nervousness. Apple shares fell after it said it expects to add $900 million in tariff costs next quarter. And Block shares drop as consumers cut back on non-essential spending. Danny Lewis hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: President Trump threatens to revoke Harvard University’s tax exemption. And Goldman Sachs changes some of the language around its diversity programs, removing references to race. Pierre Bienaimé hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Europe looks to resolve its trade dispute with the U.S. by buying $56 billion worth of U.S. goods. And China considers starting talks with the U.S. to halt the trade war, but only if Washington cancels tariffs against Beijing. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Nasdaq leads indexes higher. Plus: Apple sales surge on iPhone demand ahead of tariff uncertainty. And Microsoft, Meta, and other tech stocks rise. Zoe Kuhlkin hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Kohl’s fires its CEO for violating the company’s code of conduct. General Motors says tariffs will wipe out up to a quarter of its net profit for the year. And McDonald’s sees U.S. decline in a shaky economy. Pierre Bienaimé hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: A Judge finds Apple violated a 2021 antitrust ruling. And the U.S. reaches a deal with Ukraine to give Washington access to the country’s mineral wealth. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Snap shares fell after the company said some advertisers have curbed their ad spending due to the Trump administration's plans to close a loophole that previously waived tariffs for lower-priced goods. Plus: Meta Platforms’ stock got an after hours bump after it announced strong sales numbers for the first quarter. Charlotte Gartenberg hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: U.S. stocks drop after the release of the GDP data. Hiring in the U.S. private sector slowed in April. And the eurozone economy grew at a faster pace than the U.S. for the first time in almost three years. Zoe Kuhlkin hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Starbucks turns to new technology to help it make coffee orders faster. And Samsung reports strong smartphone sales in its latest earnings update. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: S&P 500 ends the first 100 days of Trump’s term with its biggest loss for such a period since 1973. And shares of Ford are up after President Trump says his latest tariff deal will provide automakers some relief. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus, UPS says it will cut 20,000 jobs this year as it reduces the number of packages it ships for Amazon. And General Motors pulls its earlier profit guidance for this year after tariffs have clouded its outlook. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: President Trump prepares to soften the impact of auto tariffs. And Wall Street Banks dig themselves out of the $13B debt they lent Elon Musk for his takeover of Twitter. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Among those insights: the monthly jobs report and more corporate earnings, including from four of the Magnificent Seven tech stocks. Plus: Nvidia shares fall after a WSJ exclusive report on rival Huawei gearing up to test its AI chips. Danny Lewis hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Spain and Portugal are hit with a widespread power outage. Russian President Vladimir Putin announces a three-day ceasefire in Ukraine next month. And Domino’s Pizza reports higher profit and revenue in the first quarter. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus, DoorDash offers more than $3.5 billion to takeover Deliveroo. And Americas’ elite universities form a collective to push back on President Trump. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus, Alphabet shares climbed after the Google parent company posted strong earnings. And Intel shares dropped after the chipmaker posted a loss and said President Trump’s tariffs would hurt its business. Danny Lewis hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: U.S. consumers continue to sour on the economy. And China aims to increase policy support amid trade uncertainty. Zoe Kuhlkin hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus, President Trump gives the green light on deep-sea mining. And Google and Meta prepare for a tariff-induced advertising slowdown. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Google posted higher profit and revenue in the first quarter. And Chinese officials say Beijing hasn't engaged in trade talks with the Trump administration. Anthony Bansie hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Pepsi no longer projects growth this year because of tariffs. And President Trump rebukes Vladimir Putin after Russian strikes on Kyiv. Anthony Bansie hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices