WSJ What’s News WSJ What’s News

Tim Cook Took Apple to $5 Trillion. John Ternus Must Win on AI.

Sep 1, 2026 · 11m

Summary

The SEC is investigating investment firms for allegedly selling fake pre-IPO shares in companies like SpaceX and Anthropic. Apple CEO Tim Cook steps down, handing leadership to John Turnerus amid supply chain and AI challenges. Meanwhile, the Trump administration cracks down on immigrant truck drivers, causing shortages, and Shein debuts on the Hong Kong stock market. Novartis pauses CAR-T trials after patient deaths, and doctors warn against using AI to interpret medical test results.

Topics discussed

Sponsor: ReliaQuest cyber defense Headlines: SEC probes, Apple CEO change, truck driver crackdown SEC investigates SPVs promising pre-IPO shares in AI firms Tim Cook steps down; John Turnerus becomes Apple CEO Shein debuts on Hong Kong stock exchange with mixed results Novartis pauses CAR-T trials after patient deaths Sponsor: KPMG private company services Army Secretary Dan Driscoll resigns Trump administration cracks down on immigrant truck drivers Trump proposes federal tax credits for Hollywood production Patients using AI chatbots to interpret medical test results Credits and sponsor: Viking cruises
Listen ad-free on Castria