U.S. Stocks Slip for Second Straight Session
episodeTranscript
jump: chapters · speakers · find in transcriptTranscript
Transcript generated automatically by AI and may contain errors.
What is the main topic discussed in this episode?
Brought to you by AWS, in cloud and AI, the gap between announcement and application is shrinking. At AWS ReInvent 2026, new services launch on stage and are immediately unpacked through sessions, peer conversations, and live walkthroughs. AWS ReInvent is where leaders understand not just what's new, but how it works in practice and what it means for their strategy. Register and save $1,200 with early bird pricing. through August twenty fifth. Register at AWS.com forward slash reInvent.
Why did U.S. stocks slip for a second straight session?
Here's your closing bell brief for Tuesday, August 11th. I'm Pierre Bianeme for the Wall Street Journal. US stocks slipped for a second straight session today as vacationing Wall Streeters and cautious traders await tomorrow's July inflation report. The NASDAQ fell 0.6%, while the SP 500 and the Dow both fell right around a third of a percent. Oil touched ninety dollars a barrel early today, but then paired its climb. Brent crude futures are now at more than eighty nine dollars a barrel up from yesterday.
What caused Trump Media & Technology’s losses to jump ten‑fold?
Among individual companies, President Trump's media business, Trump Media and Technology, posted a tenfold increase in losses in the second quarter in its earnings after yesterday's close. That was driven by declines in the valuation of its digital assets. Shares fell 8% yesterday and another 5.1% today. The Bitcoin miner Riot Platforms saw its shares surge in the opening hour following a report from Bloomberg that it had secured a $9.1 billion cloud deal with Anthropic. But it paired back some gains and ended the day up about 4.3%. On Holding, the Swiss running shoemaker stumbled more than 20% after the company posted lower than expected sales for the second quarter.
How did Riot Platforms’ cloud deal with Anthropic affect its stock?
And the chipmaker Intel increased the size of its stock offering to $20 billion, up from $15 billion announced yesterday. Share prices rose just under 0.2%. Heads up, an artificial intelligence tool helped us make this episode by creating summaries that were based on WCA reporting. and then reviewed and adapted by an editor. We'll have more coverage of the day's news on the WSJ's What's News podcast. Listen and subscribe wherever you get your podcasts.
Why did Intel increase its stock offering to $20 billion?
Brought to you by AWS, making cloud and AI decisions this year. At AWS ReInvent, evaluate what's working with the leaders who've already made those calls. Save twelve hundred dollars with early bird pricing through August twenty fifth.
What’s the latest on oil prices and their impact on the market?
Register at aws.com forward slash reInvent.
No segments match your search.
Select any passage to copy it with its citation or turn it into a shareable card.
Chapters
6 chapters
1
What is the main topic discussed in this episode?
0:00–0:34
2
Why did U.S. stocks slip for a second straight session?
0:34–1:03
3
What caused Trump Media & Technology’s losses to jump ten‑fold?
1:03–1:45
4
How did Riot Platforms’ cloud deal with Anthropic affect its stock?
1:45–2:12
5
Why did Intel increase its stock offering to $20 billion?
2:12–2:23
6
What’s the latest on oil prices and their impact on the market?
2:23–2:27