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A.M. Edition for May 2. The EU floats buying more than $50 billion in American goods to address U.S. trade complaints, while China says it’s weighing starting talks with Washington. Plus, at the tail end of busy earnings week, Arete Research's Richard Kramer discusses big tech’s ability to weather prevailing uncertainty. And bettors pour millions into prediction markets to try their hand at guessing who’ll be the next pope. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
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