WSJ Your Money Briefing What’s News in Markets: AI Deals, Trump on Pharma, Banks Split
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Oct 18, 2025 Discover how AI deals reshaped stock markets this week, with Broadcom's partnership with OpenAI leading to impressive gains. Learn why President Trump’s comments on weight-loss drug pricing caused a stir in pharmaceutical shares. Dive into the robust performance of the big six U.S. banks, raking in nearly $41 billion, signaling healthy consumer confidence. Plus, hear about Walmart's innovative shopping feature powered by AI and Hims & Hers' expansion into menopause care.
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Bank Earnings Signaled Economic Strength
- Strong bank earnings signaled a solid U.S. consumer and stable recent economic activity.
- Markets cheered bank confidence early in the week, lifting major indices.
OpenAI Deals Reshape Chip Demand
- OpenAI's deals with chipmakers represent massive increases in computing demand, reshaping hardware markets.
- Broadcom's multibillion-dollar pact lifted its shares and highlights intense AI infrastructure spending.
AI Chatbots Become New Retail Channels
- Retailers are integrating AI to enable purchases directly inside chatbots, altering e-commerce channels.
- Walmart's partnership with OpenAI lets U.S. users buy almost everything via the chatbot, boosting its shares.