WSJ's Take On the Week

EARLY DROP!!! We know tariffs and markets are on your mind so we're dropping this episode ahead of time to give you even more time to plot out how to take on your week!

On WSJ’s Take On the Week, co-host Telis Demos and guest co-host Miriam Gottfried get right into President Trump’s unveiling of his latest tariff policies. Then, they discuss the upcoming first quarter earnings results season. They talk about why they’re curious regarding what Delta Air Lines and used-car retailer CarMax have to say when the companies report earnings later this coming week.

Later on the show, Telis and Miriam dive deeper into corporate earnings season with Christine Short, head of research of Wall Street Horizon, which is part of the financial services company TMX Group. They talk about what Trump’s trade war means for automotive companies, including General Motors and Ford, and what forward-looking guidance from companies like Dollar Tree, Southwest Airlines, Walmart and others could offer as a clue into how the corporate world is dealing with tariffs.

This is WSJ’s Take On the Week where co-hosts Gunjan Banerji, lead writer for Live Markets, and Telis Demos, Heard on the Street’s banking and money columnist, cut through the noise and dive into markets, the economy and finance—the big trades, key players and business news ahead.

Have an idea for a future guest or episode? How can we better help you take on the week? We’d love to hear from you. Email the show at [email protected].

To watch the video version of this episode, visit our WSJ Podcasts YouTube channel or the video page of WSJ.com.

Further Reading

To read more from our co-hosts, catch up on Wall Street Facing Toughest Test in Years and Banks Don’t Pay Tariffs, but Tariffs Will Cost Them.

What to Know About Trump’s Latest Tariffs

A Market-Rattling Attempt to Make the American Economy Trump Always Wanted

For more coverage of the markets and your investments, head to WSJ.com, WSJ’s Heard on The Street Column, and WSJ’s Live Markets blog.

On WSJ’s Take On the Week, co-host Telis Demos talks with Aaron Back, WSJ’s Heard on the Street column editor, about the latest inflation report and what it could mean for the Federal Reserve. They also discuss upcoming earnings from Chinese tech company Alibaba and retail behemoth Walmart.

Later on the show, Telis talks about all things retail with Dana Telsey, CEO and founder of Telsey Advisory Group, a brokerage firm focused on the consumer sector. They chat about what’s behind Walmart’s winning retail strategy—from its inroads with higher-end customers, affordable luxury offerings like the viral “Wirkin” bag, and its e-commerce play. They also get into what’s going on with the luxury market, including with high-end juggernaut Hermès, Louis Vuitton parent company LVMH, Chanel, Burberry, and others. Before they sign off, Telis asks Dana: What’s up with Target?

This is WSJ’s Take On the Week where co-hosts Gunjan Banerji, lead writer for Live Markets, and Telis Demos, Heard on the Street’s banking and money columnist, cut through the noise and dive into markets, the economy and finance—the big trades, key players and business news ahead.

Have an idea for a future guest or episode? How can we better help you take on the week? We’d love to hear from you. Email the show at [email protected].

To watch the video version of this episode, visit our WSJ Podcasts YouTube channel or the video page of WSJ.com.

Further Reading

Walmart Is Retail King Again. Can It Keep the Crown?

Customers Are Quitting Luxury Brands as Price Hikes Go Too Far

To read more from our co-host Telis Demos, catch up on Why Tariffs Will Make Car Insurance Even More Expensive

For more coverage of the markets and your investments, head to WSJ.com, WSJ’s Heard on The Street Column, and WSJ’s Live Markets blog.

Sign up for the WSJ's free Markets A.M. newsletter.

On WSJ’s Take On the Week, co-host Telis Demos talks with reporter Peter Rudegeair about this coming week's latest inflation gauge, the personal-consumption-expenditures price index, or PCE, and what’s going on with the price of eggs. Then they dive into what to expect from the slew of forthcoming housing data and what that could signal about mortgage rates. They also discuss Nvidia, Vistra and Constellation Energy earnings.

Later on the show, Telis and Peter are joined by Chris Hansen, founder and portfolio manager of the hedge fund Valiant Capital Management, to talk about AI-related stocks beyond the tech companies investing in AI, including Amazon, Microsoft and Meta, and chipmakers such as Nvidia. They discuss the power companies that provide the extra electricity that fuels data centers needed to support AI and how power companies may also be long-term winners in the AI race.

This is WSJ’s Take On the Week where co-hosts Gunjan Banerji, lead writer for Live Markets, and Telis Demos, Heard on the Street’s banking and money columnist, cut through the noise and dive into markets, the economy and finance—the big trades, key players and business news ahead.

Have an idea for a future guest or episode? How can we better help you take on the week? We’d love to hear from you. Email the show at [email protected].

To watch the video version of this episode, visit our WSJ Podcasts YouTube channel or the video page of WSJ.com.

Further Reading and Listening

To read more on energy stocks from guest co-host Peter Rudegeair, catch up on Tech-Loving Hedge Funds Have a Crush on Utility Stocks.

Listen to Bold Names: Salesforce CEO Marc Benioff and the AI ‘Fantasy Land’.

For more coverage of the markets and your investments, head to WSJ.com, WSJ’s Heard on The Street Column, and WSJ’s Live Markets blog.

Sign up for the WSJ's free Markets A.M. newsletter.

On WSJ’s Take On the Week, co-hosts Gunjan Banerji and Telis Demos start off the show with the latest on the surprise dark horse in AI, DeepSeek, and what the development means for companies like Microsoft and Meta. Then they get into the latest Federal Reserve interest-rate decision and news on the consumer spending front.

Later on the show, the co-hosts dive into the world of sports investing—from the publicly traded Atlanta Braves, and Knicks’ and Rangers’ parent company Madison Square Garden Sports, to private equity’s new role in the NFL—with Chris Marangi, co-chief investment officer of value at Gabelli Funds. They also talk about the rise in popularity of sports betting apps, like DraftKings and FanDuel, and how media deals are reshaping the sports industry.

This is WSJ’s Take On the Week where co-hosts Gunjan Banerji, lead writer for Live Markets, and Telis Demos, Heard on the Street’s banking and money columnist, cut through the noise and dive into markets, the economy and finance—the big trades, key players and business news ahead.

Have an idea for a future guest or episode? How can we better help you take on the week? We’d love to hear from you. Email the show at [email protected].

To watch the video version of this episode, visit our WSJ Podcasts YouTube channel or the video page of WSJ.com

Further Reading

To read more from our hosts, catch up on The Day DeepSeek Turned Tech and Wall Street Upside Down and Amex Has a First-Class Problem: Can Consumer Spending Really Keep Up?

For more coverage of the markets and your investments, head to WSJ.com, WSJ’s Heard On The Street Column, and WSJ’s Live Markets blog.

Sign up for the WSJ's free Markets A.M. newsletter.

Chipmaker Nvidia is having a strong start to the year. The company is currently the best performing stock in the S&P 500 for 2024 and the third-largest company in the U.S., with a value of about $1.8 trillion. But how are investors feeling about Nvidia’s success? Ahead of the company’s earnings report later this week, we’re speaking with Cathie Wood, CEO and chief investment officer of ARK Invest, who recently went from a buyer to a seller of Nvidia stock. Cathie shares insight into that decision and what she’s most looking forward to from this week’s report. You can hear an extended conversation with Cathie Wood - plus other exclusive content - on WSJ SPECIAL ACCESS. Available on Spotify and Apple Podcast. Then, we’re turning our attention to Thursday’s existing home sales report from the National Association of Realtors. Few markets have been as impacted by inflation as the housing market. With mortgage rates touching the highest level in 23 years in October, we bring on WSJ housing reporter, Nicole Friedman, to discuss what that means for potential homebuyers and sellers. Lastly, we keep Nicole around to discuss inflation and how it’s shifted homeowners to focusing less on selling and more on renovating their homes. We’ll also be looking out for signs that prices are rising again in the earnings reports we’re expecting this week from Walmart and Home Depot.

(Correction: Nvidia is the third-largest company in the U.S. An earlier version of this podcast incorrectly said it was the fourth-largest. (Corrected on Feb. 20)