Francesca Fontana

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 that drove them.

Let's get to it.

This week was Fed week, everybody.

The Federal Reserve announced its interest rate cut on Wednesday, a quarter point cut.

The central bank decision was a big headline of the week.

We also saw the continuing trend of AI anxiety, concerns about the stability and longevity of the artificial intelligence boom, which weighed on technology stocks.

I'll highlight a couple of those stocks in a little bit.

The Nasdaq and S&P 500 both ended lower for the week, while the Dow managed to stay in the green, bolstered by the Fed's rate cut.

The Dow notched a weekly gain of roughly 1%, the S&P lost 0.6%, and the Nasdaq fell 1.6%.

It's that time of year again, guys.

Christmas is around the corner.

The weather's getting colder.

It is what I call, and food maker Campbell's calls, the critical soup season.

critical for me on a personal level as a known soup enthusiast, critical for Campbell's vis-a-vis its revenue and earnings from its canned soup business, which is still getting pressured by President Trump's tariffs.

On Tuesday, the company reported top and bottom line declines, citing in part tariff-related price increases.

And the report drained Campbell shares, which dropped 5.2% on Tuesday.

But the stock paired some of its losses and ended the week down 2.9%.

Now let's circle back to the tech stocks that were weighed down by continued concern about the AI trade.

The two in focus?

Oracle and Broadcom, which both posted quarterly reports.