AI Summary
5 min readToday's episode of WSJ What’s News reviews a mix of developments ranging from energy markets and technology concerns to labor agreements and a set of Republican primaries that may clarify the party's tolerance for internal dissent.
Iran Talks and Oil Prices
President Trump announced he had paused planned U.S. strikes on Iran after Gulf leaders requested time for negotiations, stating that serious peace talks are now underway. Oil prices declined on the news, though the president noted that a full-scale attack remains possible if no acceptable deal emerges. The update follows earlier threats of military action and reflects an effort to de-escalate amid ongoing regional tensions.
Technology Pushback and New Ventures
Public unease over artificial intelligence is accelerating, illustrated by former Google CEO Eric Schmidt receiving boos during a University of Arizona commencement address focused on job losses, energy demands, and social disruption. At the same time, Google and Blackstone are forming a new AI cloud company that will use Google's custom chips, with Blackstone supplying the majority of a $5 billion equity commitment and targeting 500 megawatts of capacity next year. Recent local votes, including the ouster of council members in Fastest, Missouri, over a proposed data-center project, show growing resistance tied to electricity costs and land use.
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What you'll learn
- 1 (01:06) **Show Introduction** - Host Daniel Bach opens the Tuesday AM edition covering oil prices, AI backlash, and GOP primaries
- 2 (01:19) **Iran Peace Talks and Oil Prices** - Trump delays planned U.S. strikes after Gulf leaders request talks; oil prices slide on deal prospects
- 3 (01:48) **San Diego Mosque Shootings** - Police investigate three murders at the Islamic Center as a hate crime; two teenage suspects die by suicide nearby
- 4 (02:16) **Long Island Rail Road Strike Ends** - Unions reach agreement with MTA to end three-day walkout; phased service resumes at noon
- 5 (03:12) **Google and Blackstone AI Cloud Venture** - Blackstone to take majority stake and invest $5 billion in new company using Google chips to challenge Nvidia
- 6 (03:41) **Rising Public Pushback on AI** - Eric Schmidt met with boos at University of Arizona commencement over job and energy fears; opposition to data centers grows nationwide
- 7 (04:37) **Consumer Spending Weakness** - Analysis shows slowing growth for bottom 90% of consumers; earnings from Home Depot, Lowe’s, Target and Walmart will test the trend
+ Full timestamped outline available in the app
Guests on this episode
Show Notes
A.M. Edition for May 19. The outcome of a handful of primaries across the country could signal whether Republicans are willing to adopt a form of MAGA politics that embraces leaders who break with President Trump, including Thomas Massie in Kentucky, WSJ’s Washington coverage chief Damian Paletta says. Plus, oil prices slide on the prospect of a potential peace deal between Iran and the U.S. And with blocked data centers, plummeting poll numbers and booed commencement speeches, the American rebellion against artificial intelligence is gaining steam. Daniel Bach hosts.
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