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Seeking Alpha's flagship Wall Street Breakfast provides investors an overview of key investment news every morning and afternoon.Transcripts: seekingalpha.com/wsb
Consumer Inflation Eases, Core Remains Hot
Consumer inflation eases in March: core CPI rises 5.6% Y/Y, as expected (00:43). SoftBank (SFTBY) sells most of its remaining Alibaba (BABA) stake amid decline in its technology investment, limiting China exposure (02:34). Newly public Alliance Entertainment (AENT) files for Nasdaq uplisting, offering (08:51).Our links:Wall Street Breakfast:Seeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: A comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks:Alpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Wall Street Breakfast on TwitterShow links:Crude oil jumps after Granholm says U.S. could start to refill reserve this yearMike Fay, BlockChain Reaction: CleanSpark: Production Growth Is On Track3M’s healthcare spinoff may not stay in Minnesota, Star Tribune reportsSo long, HBO name: WBD goes for 'Max' power in merged streaming serviceIBM exploring sale of its weather business - reportBroadcom slips as European agency sends 'statement of objections' over VMware dealTesla to cut prices in Hong Kong by nearly double digit percentages - reportUS GoldMining updates terms for proposed $20M US IPO
10:2313/04/2023
CPI Day
March CPI expected to cool further, but to a level still well above Fed's target (00:48). Wells Fargo (WFC): ‘Expect a 10% correction in the next 3-6 mos.’ (02:21) Emerson Electric (EMR) near deal to acquire National Instruments (NATI) for $60/share- report (07:28). Our links:Wall Street Breakfast:Seeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: A comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks:Alpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Wall Street Breakfast on TwitterShow links:Investing Experts Podcast with Julian Lin: Top Tech PicksTwitter is roughly breaking even, says Elon MuskUS banks to bolster reserves after shoring up First Republic - reportMovie screen maker Strong Global downsizes proposed IPO to $8MWalmart to close four Chicago stores amid mounting lossesGoogle to drop COVID vaccine rule to enter company buildingsWhatsApp turns on merchant chat payments in Brazil
10:1912/04/2023
Alibaba Unveils New AI Product
Alibaba (BABA) unveils new ChatGPT-like service to be integrated across all its products (00:32). Bitcoin (BTC-USD) crosses $30,000 to hit 10-month high as investors increasingly bet on Fed pause (01:18). South Korea bills Google (GOOG) (GOOGL) a $32M fine for blocking rival's video games (03:35).Our links:Wall Street Breakfast:Seeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: A comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks:Alpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Wall Street Breakfast on TwitterShow links:Global PC shipments fall 29% in Q1, growth expected after 2023Virgin Orbit gets Nasdaq delisting notice after filing for bankruptcyAmazon charging fees for UPS returns in cost-cutting move - reportChina luxury car importer Cheetah Net files for $12M US IPOTypTap Insurance, a unit of HCI Group, pulls $100M IPO plansUnitedHealth expands in primary care with Crystal Run acquisitionUnitedHealth Group: May Seem Overvalued But Significant Upside Still Ahead
09:4011/04/2023
New Tesla Factory in Shanghai
Tesla (TSLA) to build new factory in Shanghai for Megapack battery (00:39). Baidu (BIDU) sues Apple (AAPL) and app developers over bogus Ernie bot apps - report (03:38). Emirates Telecom to buy 50% of Uber's (UBER) Careem super app for $400M (04:07).Our links:Wall Street Breakfast:Seeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: A comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks:Alpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Wall Street Breakfast on TwitterShow links:Sen. Elizabeth Warren, others request DOJ probe of Warner Bros. Discovery dealSamsung Electronics to cut memory chip output by 'meaningful' levelPremier cancer research event, AACR is starting this week; Here is what to expectCatalyst Watch: Eyes on inflation data, big bank earningsThe March Jobs Report Is Just Right
07:2110/04/2023
The Week Ahead: CPI Report, Tesla Price Cuts
The closely-watched March consumer price index report is due for release. Tesla (NASDAQ:TSLA) cuts prices on all US models. The new Super Mario Bros. (CMCSA) film is looking to hit big on its opening weekend.Our links:Wall Street Breakfast: seekingalpha.com/wsbSeeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.\Seeking Alpha Premium: https://seekingalpha.com/premium/getting-started A comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks: https://seekingalpha.com/alpha-picks/subscribe Alpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Twitter: https://twitter.com/WallStBreakfastShow Links:Stocks to Watch:https://seekingalpha.com/article/4592955-stocks-to-watch-inflation-data-bank-earnings-on-deckCatalyst Watch:https://seekingalpha.com/news/3955188-catalyst-watch-eyes-on-inflation-data-big-bank-earnings?hasComeFromMpArticle=false&source=content_type%253Areact%257Csection%253Amain_content%257Cbutton%253Abody_linkBox Office:https://seekingalpha.com/news/3955171-game-on-mario-bros-aim-for-125m-at-holiday-box-office?hasComeFromMpArticle=false&source=content_type%253Areact%257Csection%253Amain_content%257Cbutton%253Abody_linkTesla Price Cuts:https://seekingalpha.com/news/3955182-tesla-cuts-prices-on-all-us-models
07:3009/04/2023
In-Line Payrolls Indicate Fed's One Last Hurrah
The March jobs report (out on a stock market holiday) took some steam out of the weak labor market narrative of the week. Seeking Alpha Director of News Jerry Kronenberg joins Kim Khan to break down the bond and futures action and what this means for a data-dependent Federal Reserve.Our links:Wall Street Breakfast:Seeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium:A comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks:Alpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Wall Street Breakfast on TwitterShow links:Nonfarm payrolls growth cools in March, but unemployment rate tightens to 3.5%
17:5507/04/2023
FedEx to Consolidate Operations
FedEx (FDX) to consolidate operations amid cost-savings effort (00:52). Tesla (TSLA) nearly triples total workforce at Austin gigafactory (05:29). Amazon (AMZN) eyes reduced stock awards for employees - report (06:03).Our links:Wall Street Breakfast:Seeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium:A comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks:Alpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Wall Street Breakfast on TwitterShow links:Bed Bath & Beyond stock slumps despite $120M merchandise agreementMike Fay: Ethereum Staking With Lido Finance: The Shanghai CatalystTattooed Chef receives noncompliance letter from NasdaqTattooed Chef: 3 Reasons To Avoid This Cash IncineratorDisney changes streaming heads; Perlmutter speaks out on firingPan American Silver transferring listing of common shares to NYSE from NASDAQMalaysia's VCI Global reportedly postpones downsized $8M US IPO
10:3106/04/2023
Digital World Drops Amid Trump’s Arraignment
Trump SPAC Digital World (DWAC) drops amid former president's arraignment, delayed 10-K filing (00:55). J&J (JNJ) unit refiles for bankruptcy over talc litigation; offers to pay $8.9B (01:46). Walmart (WMT) aims to have about 65% of its stores serviced by automation by 2026 end (06:39).Our links:Wall Street Breakfast:Seeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: A comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks:Alpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Wall Street Breakfast on TwitterShow links:Granite secures ~$126M contract to relocate U.S. Marines from JapanCompass Minerals cuts 16% of workforce in restructuringSeeking Alpha CMP Warning Exxon expects up to $1.8B lower Q1 profit from lower oil and gas pricesJohnson & Johnson: A Huge Opportunity In A Blue-Chip Dividend KingJohnson & Johnson: Still One Of The More Expensive Pharmaceutical Companies2 Under The Radar Stocks Favored By Quant Zachary Marx, CFA
10:2705/04/2023
Virgin Orbit Crashes into Bankruptcy
Virgin Orbit (VORB) files for bankruptcy after failing to find a source of funding (00:35). Why are Bob Iger and Ron DeSantis at odds? It's a long story. (02:02) A Twitter logo change sends DogeCoin soaring and apes rejoice even as AMC stock slumps. (03:35)Our links:Wall Street Breakfast:Seeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium:A comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks:Alpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Wall Street Breakfast on TwitterShow links:Disney: Why I'm betting on Bob IgerSeeking Alpha VORB warning
10:1204/04/2023
OPEC+ Output Cut
McDonald's (MCD) reportedly orders offices closed ahead of expected layoffs (00:44). OPEC+ announces surprise oil production cut. (02:10) World Wrestling (WWE) Entertainment reportedly close to sale to Endeavor (EDR). (05:29)Our links:Wall Street Breakfast:Seeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: A comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks:Alpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Wall Street Breakfast on TwitterShow links:Invest Heroes: McDonald's: It Is Not Interesting YetCatalyst watch: Tesla deliveries, Walmart event and jobs report headline big weekTesla tops deliveries expectations with 422,875 cars moved in Q1XPeng announces vehicle delivery of 7,002 in MarchFTX's European arm sets up website to unlock users' fundsColin Tedards: Ranking The WWE Buyout Options
08:3703/04/2023
The Week Ahead: March Jobs Report & Auto Sales
The March jobs report will be the most watched news of the week. The first few days of April will see a major focus on auto sales and deliveries numbers, with reports from General Motors (GM), Toyota (TM) and Tesla (TSLA). And, Netflix (NASDAQ:NFLX) is reportedly scaling back movie development.Our links:Wall Street Breakfast: seekingalpha.com/wsbSeeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: https://seekingalpha.com/premium/getting-started A comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks: https://seekingalpha.com/alpha-picks/subscribe Alpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Twitter: https://twitter.com/WallStBreakfastShow Links:Stocks to Watch:https://seekingalpha.com/article/4591597-stocks-to-watch-counting-cars-time-for-tesla-rivian-gm-ford-and-nioCatalyst Watch:https://seekingalpha.com/news/3953276-catalyst-watch-tesla-deliveries-walmart-event-and-jobs-report-headline-big-week?hasComeFromMpArticle=false Quick Dividend Stock Picks:https://seekingalpha.com/dividends/dividend-quick-picks?hasComeFromMpArticle=false Box Office Preview:https://seekingalpha.com/news/3953358-dungeons-dragons-takes-its-game-to-the-movie-theaters?hasComeFromMpArticle=false Netflix Scaling Back Movies:https://seekingalpha.com/news/3953150-netflix-reportedly-scaling-back-movie-development-amid-restructuring
09:0802/04/2023
Catalyst Watch: Nonfarm Payrolls, Constellation Brands
Catalyst watch for the week of April 2. Seeking Alpha Managing News Editor, Kim Khan explores the big topic of the week, nonfarm payrolls (00:32). Seeking Alpha Associate News Editor, Kevin Curran says expect Levi Strauss & Co. (LEVI) and Constellation Brands, Inc. (STZ) to report earnings next week (03:07). A hot topic this weekend is March Madness. Is your bracket busted? (05:07) Finally, look out for a new survey in Monday’s Wall Street Breakfast newsletter. Our links:Wall Street Breakfast:Seeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: A comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks:Alpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Wall Street Breakfast on TwitterShow links:Constellation Brands to use content studio partnership to promote winesLevi’s likely to miss Q1 earnings expectations, UBS says
09:4701/04/2023
Virgin Orbit Slumps, Workforce Cuts
Virgin Orbit (VORB) stock slumps ~43% in extended trading after co to ax nearly entire workforce. (00:42) Why did EVgo (EVGO) stock surge on Thursday? Stronger than expected earnings, upbeat outlook (02:07). Tesla (TSLA) reportedly eyeing US-based battery plant alongside CATL (03:45). Our links:Wall Street Breakfast:Seeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: A comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks:Alpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Wall Street Breakfast on TwitterShow links:EVgo Q4 Earnings: Not An Exciting QuarterStone Fox Capital Trump indicted, calls case 'witch hunt'; Trump SPAC DWAC jumps (updated)Sam Bankman-Fried pleads not guilty to latest batches of chargesWells Fargo fined $97M for breaking U.S. sanctions rules
09:1731/03/2023
National CineMedia in Talks with Lenders
National CineMedia (NCMI) jumps 19% as it notes talks with lenders. (00:44) LendingTree (TREE) announces 13% workforce reduction plan to reduce operating costs (02:00). Coinbase (COIN) said to be in talks with regulators to stay in Canada (05:38).Our links:Wall Street Breakfast: seekingalpha.com/wsbSeeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: https://seekingalpha.com/premium/getting-startedA comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks: https://seekingalpha.com/alpha-picks/subscribeAlpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Twitter: https://twitter.com/WallStBreakfastShow links:Macrotips Trading: National CineMedia: From Bad To WorseMike Fay: https://seekingalpha.com/author/mike-fayArbitrum Airdrop: Strong Network Metrics, Weak Token EconomicsCoinbase said to be in talks with regulators to stay in CanadaCommScope investing $47M to expand fiber-optic cable productionElectronic Arts to cut 6% of workforce, take $170M-$200M in chargesWolverine World Wide cuts jobs in UK as it streamlines Sweaty BettymCloud Technologies receives non-compliance notice from NasdaqApple says annual developer conference will start June 5
11:0530/03/2023
Biomea Climbs on Diabetes Drug Data
Biomea (BMEA) climbs on Phase 2 data for Type 2 diabetes candidate. (00:42) Ermotti returns as UBS (UBS) CEO to guide Credit Suisse (CS) deal (01:45). AMC (AMC) jumps on report Amazon (AMZN) exploring potential acquisition (updated) (06:40). Our links:Wall Street Breakfast: seekingalpha.com/wsbSeeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: https://seekingalpha.com/premium/getting-startedA comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks: https://seekingalpha.com/alpha-picks/subscribeAlpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Twitter: https://twitter.com/WallStBreakfastShow links:Brad Thomas: https://seekingalpha.com/author/brad-thomasInvesting Experts podcast with Brad ThomasVICI Properties: https://seekingalpha.com/symbol/VICI Microsoft debuts new AI chatbot for cybersecurity needsLucid reportedly plans to lay off nearly 1300 workersLucid Group: Not Healthy, But Has A Few Ways To Cheat DeathApple rolls out new Buy Now, Pay Later option in U.S.N-able jumps 8% on addition to SmallCap 600 indexChinese edtech NetClass files for proposed $17M US IPOSkincare products developer CoLabs files for proposed $6M IPONike opens Jordan brand store in Japan
11:1829/03/2023
Disney Job Cuts
Disney (DIS) launches first of three job-cutting rounds this week - memo (00:41). Binance (BNB-USD) and CEO Changpeng Zhao sued by CFTC over regulatory breaches (update) (03:41). Alibaba (BABA) to break up into six units which may pursue individual IPOs: Report (06:27).Our links:Wall Street Breakfast: seekingalpha.com/wsbSeeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: https://seekingalpha.com/premium/getting-startedA comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks: https://seekingalpha.com/alpha-picks/subscribeAlpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Twitter: https://twitter.com/WallStBreakfastShow links:Lyft picks board member David Risher to be new CEOCigna, Humana accused of price fixing in Ohio – WSJForum Energy wins $25M contract to provide desalter systems to Saudi AramcoFull impact of Federal Reserve's tightening still being learned, Fed's Jefferson saysBerkshire Hathaway hikes Occidental Petroleum stake after new purchasesDisney: It's Bob Iger Vs. HollywoodBerkshire Grey: https://seekingalpha.com/symbol/BGRY
09:0328/03/2023
First Citizens Buys SVB
FDIC inks deal for First Citizens (FCNCA) to buy Silicon Valley Bank (SIVB). (00:53) Tim Cook lauds Apple's (AAPL) 'symbiotic' relationship with China. (06:06) Curaleaf (CURLF) delays release of Q4, 2022 financial results (07:15).Our links:Wall Street Breakfast: seekingalpha.com/wsbSeeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: https://seekingalpha.com/premium/getting-startedA comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks: https://seekingalpha.com/alpha-picks/subscribeAlpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Twitter: https://twitter.com/WallStBreakfastShow links:WSB SurveyMusk offers Twitter employees stock grants based on $20B valuationSeeking Alpha’s CashFlow Hunter predicted SIVB’s implosion. Here’s what he expects nextMicrosoft's chances of closing Activision deal raised to 70% from 50% at CitiWellness services provider Nava Health MD pulls plans for $8M IPOWWE receives $17.4M from McMahon for investigation costsCarnival Corporation: Improved, But Not EnoughInvesting Experts Podcast: What's Next After Silicon Valley Bank Implosion, With CashFlow HunterCashFlow Hunter: Silicon Valley Bank Fallout: Opportunity In Schwab?CashFlow Hunter: SVB Financial: Blow Up Risk
10:3827/03/2023
The Week Ahead: Apple’s Theatre Push and Lululemon
Apple (AAPL) is looking to invest more in putting movies in theaters. Lululemon (LULU) is set to report earnings this week. And, Dollar General (DG) faces fines of more than $1million over price inaccuracies.Our links:Wall Street Breakfast: seekingalpha.com/wsb Seeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: https://seekingalpha.com/premium/getting-started A comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks: https://seekingalpha.com/alpha-picks/subscribeAlpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Twitter: https://twitter.com/WallStBreakfastShow Links:Stocks to Watch:https://seekingalpha.com/article/4590000-stocks-to-watch-bright-lights-on-big-banksCatalyst Watch:https://seekingalpha.com/news/3951028-catalyst-watch-eyes-on-deutsche-bank-intel-virgin-orbit-and-the-feds-favorite-inflation-gaugeQuick Dividend Stock Picks:https://seekingalpha.com/dividends/dividend-quick-picks?hasComeFromMpArticle=falseApple’s Movie Goals:https://seekingalpha.com/news/3950364-apple-looking-to-spend-1b-a-year-to-release-movies-in-theaters?hasComeFromMpArticle=false
08:5426/03/2023
Catalyst Watch: Fed Speakers, Video Rental Nostalgia
Catalyst watch for the week of March 26. Seeking Alpha Managing News Editor, Kim Khan explores the topics Fed speakers will discuss following the FOMC meeting (00:32). Seeking Alpha Associate News Editor, Kevin Curran tells us all eyes will be on Micron Technology, Inc. (MU) and Lululemon Athletica, Inc. (LULU) for their earnings reports (05:02). A hot topic this week was a report that the Blockbuster website is back online. What impact, if any, would the return of a brick-and-mortar video store have on streaming companies like Netflix (NFLX)?(07:23) Finally, do you think the banking crisis is contained? Look out for that survey question in Monday’s Wall Street Breakfast newsletter.Our links:Wall Street Breakfast: seekingalpha.com/wsbSeeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: https://seekingalpha.com/premium/getting-startedA comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks: https://seekingalpha.com/alpha-picks/subscribeAlpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Twitter: https://twitter.com/WallStBreakfastShow links:Micron stock climbs 5% as anticipation for memory chipmaker's results growsLululemon bulls call out attractive entry point ahead of earnings next weekCiti expects Lululemon stock to pop post earningsTraders boost bets that Federal Reserve will cut policy rate in June
14:5825/03/2023
Yellen: U.S. Prepared to Take More Actions
U.S. prepared to take more actions to ensure deposits are safe, Janet Yellen says (00:50). Deutsche Bank (DB) shares tumble as cost of default insurance spikes (02:03). TikTok (BDNCE) CEO defends 'American data stored on American soil' in House hearing (07:00). Our links:Wall Street Breakfast: seekingalpha.com/wsbSeeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: https://seekingalpha.com/premium/getting-startedA comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks: https://seekingalpha.com/alpha-picks/subscribeAlpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Twitter: https://twitter.com/WallStBreakfastShow links:SEC warns of 'significant' risk of loss for crypto investorsU.S. oil reserve refill could take 'a few years,' energy secretary saysAccenture to lay off 19,000 people in cost cutting effortDeep Tech Insights: Accenture: Undervalued Intrinsically With Huge Cloud TailwindsJPMorgan, Citigroup said to warn staff not to solicit client business from stressed banksHyundai, Kia recall 570K vehicles due to fire risk, NHTSA saysBoeing Starliner crewed flight delayed again, NASA saysInvesting Experts Podcast: What's Next After Silicon Valley Bank Implosion, With CashFlow HunterCashFlow Hunter: Silicon Valley Bank Fallout: Opportunity In Schwab?CashFlow Hunter: SVB Financial: Blow Up Risk
09:5024/03/2023
Federal Reserve: Rate Hike, ‘Additional Policy Firming’
Nasdaq, S&P futures rebound from post-Fed slump as markets price in no more hikes (00:56). Coinbase (COIN) stock slides 14% after the bell as SEC warns of potential charges. (04:46) J&J (JNJ) turns to Supreme Court to OK unit bankruptcy plan for talc lawsuits - report (07:34). Our links:Wall Street Breakfast: seekingalpha.com/wsbSeeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: https://seekingalpha.com/premium/getting-startedA comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks: https://seekingalpha.com/alpha-picks/subscribeAlpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Twitter: https://twitter.com/WallStBreakfastShow links:Janet Yellen says not weighing covering all uninsured bank depositsMike Fay, BlockChain Reaction: https://seekingalpha.com/author/mike-fayBitcoin erases week's gains as Fed's inflation fight rumbles onU.S. bond investors look to sue Swiss over $17B Credit Suisse debt writeoff - reportSEC sues Tron founder Justin Sun for fraud; Lindsay Lohan, Jake Paul among those chargedToshiba board agrees to accept $15.3B buyout proposal from a Japanese consortiumVirgin Orbit Holdings: https://seekingalpha.com/symbol/VORB Investing Experts Podcast: What's Next After Silicon Valley Bank Implosion, With CashFlow HunterCashFlow Hunter: Silicon Valley Bank Fallout: Opportunity In Schwab?CashFlow Hunter: SVB Financial: Blow Up Risk
10:0323/03/2023
Federal Reserve: Hike or Not
Federal Reserve faces dilemma — to hike or not as financial shock complicates (00:51). GameStop (GME) soars 31% after the retailer records a surprise Q4 profit (03:49). Credit Suisse (CS) staff deferred bonuses to be suspended as ordered by Swiss Federal council (07:46).Our links:Wall Street Breakfast: seekingalpha.com/wsbSeeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: https://seekingalpha.com/premium/getting-startedA comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks: https://seekingalpha.com/alpha-picks/subscribeAlpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Twitter: https://twitter.com/WallStBreakfastShow links:Bill Ackman and Elon Musk among the doves ahead of Fed interest rate decisionShould the FDIC deposit insurance cap be kept, waived or raised?SVB Financial says FDIC took 'improper actions' to cut it off from cash - reportGameStop soars 31% after the retailer records a surprise Q4 profitEli Lilly experiencing shortages of diabetes med TrulicityInvesting Experts Podcast: What's Next After Silicon Valley Bank Implosion, With CashFlow HunterCashFlow Hunter: Silicon Valley Bank Fallout: Opportunity In Schwab?CashFlow Hunter: SVB Financial: Blow Up Risk
10:0422/03/2023
First Republic Recovery?
First Republic (FRC) recovers from record low on new rescue plan (00:40). Judge allows suits over JPMorgan (JPM), Deutsche Bank (DB) ties with Epstein to proceed (04:19). Ferrari (RACE) discloses a cybersecurity incident regarding client data (04:57).Our links:Wall Street Breakfast: seekingalpha.com/wsbSeeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: https://seekingalpha.com/premium/getting-startedA comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks: https://seekingalpha.com/alpha-picks/subscribeAlpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Twitter: https://twitter.com/WallStBreakfastShow links:Wall Street Breakfast SurveyAmazon cuts 9,000 jobs — and more layoffs could be comingMarcel Knoop: Amazon: Breaking Up The Company From An Accounting StandpointCalifornia to empower oil company watchdog to monitor gasoline pricesBaxter biopharma solutions unit seeing interest from Thermo Fisher, Celltrion - reportCortigent, developer of human vision restoration devices, files for $17M IPOJudge allows suits over JPMorgan, Deutsche Bank ties with Epstein to proceedFlorida Governor Ron DeSantis calls for ban on CBDCCashFlow Hunter: SVB Financial: Blow Up RiskAll-In Podcast: https://youtu.be/yYwfiqYocc0
10:3721/03/2023
UBS Acquires Credit Suisse
UBS (UBS) confirms deal to acquire Credit Suisse (CS) for $3.25B in stock (00:39). Midsize banks press FDIC to insure all deposits over next two years - Bloomberg (07:57). Warren Buffett (BRK.B) talking to Biden administration on the banking crisis - report (07:07).Our links:Wall Street Breakfast: seekingalpha.com/wsbSeeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: https://seekingalpha.com/premium/getting-startedA comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks: https://seekingalpha.com/alpha-picks/subscribeAlpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Twitter: https://twitter.com/WallStBreakfastShow links:Credit Suisse, UBS tumble in premarket trading after emergency rescueNY Community Bancorp unit agrees to buy Signature Bank deposits, some loansBed Bath & Beyond holds special meeting to seek approval for reverse share split, stock down 9%CashFlow Hunter: SVB Financial: Blow Up RiskAll-In Podcast: https://www.youtube.com/watch?v=yYwfiqYocc0
10:0720/03/2023
The Week Ahead: Fed Meeting, AI 'Megatrend'
The market anticipates the Fed will hike rates 25 basis points this week at a crucial 2 day meeting that has investors on edge. Nike (NKE) is expected to post its fiscal third quarter update. And, NVIDIA (NVDA) will present its latest advancements in AI this week, and analysts say the megatrend is becoming harder to ignore.Our links:Wall Street Breakfast: seekingalpha.com/wsbSeeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: https://seekingalpha.com/premium/getting-started A comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks: https://seekingalpha.com/alpha-picks/subscribe Alpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Twitter: https://twitter.com/WallStBreakfastShow Links:Stocks to Watch: https://seekingalpha.com/article/4588490-stocks-to-watch-all-eyes-on-the-federal-reserve Catalyst Watch: https://seekingalpha.com/news/3931946-catalyst-watch-google-talks-ai-nordstrom-drama-and-canada-goose-event?hasComeFromMpArticle=false Earnings Week Ahead:https://seekingalpha.com/news/3948534-earnings-week-ahead-nike-chewy-general-mills-gamestop-and-moreMorgan Stanley Upgrades on AI 'Megatrend’:https://seekingalpha.com/news/3948465-nvidia-stock-rises-morgan-stanley-upgrades-ai-megatrend?hasComeFromMpArticle=false
07:4919/03/2023
Catalyst Watch: FOMC Meeting
Catalyst watch for the week of March 19. Seeking Alpha Associate News Editor, Kevin Curran explains what could result from the FOMC meeting on March 21, 22, following the recent events surrounding Silicon Valley Bank (SIVB), Signature Bank (SBNY) and First Republic Bank (FRC) (00:37). Kevin gives an earnings and conference preview (03:41). He says to look for reports from Foot Locker (FL) and Nike (NKE) (05:13). In addition, Nvidia (NVDA) is hosting a conference and one of the major topics is AI. Finally, in light of the banking crisis, will the Fed hold? Look out for our survey in Monday’s Wall Street Breakfast newsletter.Our links:Wall Street Breakfast: seekingalpha.com/wsbSeeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: https://seekingalpha.com/premium/getting-startedA comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks: https://seekingalpha.com/alpha-picks/subscribeAlpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Twitter: https://twitter.com/WallStBreakfastShow links:The Honest Company: https://seekingalpha.com/symbol/HNSTExpectations tilt firmly towards 25 bp Fed hike, spurred by bank crisis, ECB decision
13:0518/03/2023
First Republic Bank: Bank Support, Suspends Dividend
First Republic Bank (FRC) sinks after suspending dividend following bank support (00:41). FedEx (FDX) stock flies higher as cost-saving efforts bear fruit (03:04). TikTok (BDNCE) said in talks with potential buyers as U.S. pushes for possible ban - report (05:10). Our links:Wall Street Breakfast: seekingalpha.com/wsbSeeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: https://seekingalpha.com/premium/getting-startedA comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks: https://seekingalpha.com/alpha-picks/subscribeAlpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Twitter: https://twitter.com/WallStBreakfastShow links:Google to boost price of YouTube TV amid rising content costsWarren Buffett’s Berkshire Hathaway adds more Occidental shares, boosting its stake to 23.1%Virgin Orbit reportedly in talks about potential buyoutCashFlow Hunter: SVB Financial: Blow Up RiskMacroTips Trading: National CineMedia: From Bad To WorseCredit Suisse: https://seekingalpha.com/symbol/CS
11:3217/03/2023
Credit Suisse Secures Loan
Credit Suisse (CS) stock jumps 32% as lender secures $54B loan from Swiss National Bank (00:59). First Republic Bank (FRC) gains on report it's evaluating options including a sale (02:22). Virgin Orbit (VORB) plunges on report it's furloughing employees as it seeks funding lifeline (02:40).Our links:Wall Street Breakfast: seekingalpha.com/wsbSeeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: https://seekingalpha.com/premium/getting-startedA comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks: https://seekingalpha.com/alpha-picks/subscribeAlpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Twitter: https://twitter.com/WallStBreakfastShow links:First Republic Bank gains on report it's evaluating options including a saleMike Fay, BlockChain Reaction: Bitcoin: 10 Years Since CyprusSVB, Signature Bank bid deadline set for Friday by FDIC - ReutersCashFlow Hunter: SVB Financial: Blow Up RiskApple supplier, Foxconn to debut manufacturing AirPods at a $200M factory in TelanganaRobinhood COO Gretchen Howard to leave at 2023 end - filingBoeing estimates aircraft financing will reach pre-pandemic levels this year
11:2416/03/2023
DOJ, SEC Investigating SVB Collapse
Silicon Valley Bank (SIVB) collapse, insider stock sales investigated by regulators - report (00:47). TikTok said to consider splitting from ByteDance (BDNCE) if it can't reach U.S. agreement (02:43). Credit Suisse (CS) stock plunges to record low as top investor rules out further support.(06:25)Our links:Wall Street Breakfast: seekingalpha.com/wsbSeeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: https://seekingalpha.com/premium/getting-startedA comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks: https://seekingalpha.com/alpha-picks/subscribeAlpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Twitter: https://twitter.com/WallStBreakfastShow links:Facebook parent Meta Platforms slashes another 10,000 jobsSVB Financial confirms that Goldman was buyer of underwater securities last weekFed to consider tough rules for midsize banks following SVB failure- reportDOJ was probing Signature Bank's work with crypto clients ahead of collapse - reportApple said to delay bonuses for some staff, freeze hiring over cost scrutinyUnivar jumps after Apollo Global agrees to acquire for $8.1B (update)Tyson Foods set to lay off 1,700 employees, close two plantsBoxed plunges after saying it's evaluating potential bankruptcy filing, other optionsInvesting Experts Podcast: Top 10 Stocks For 2023 With Head Of Quant Steven CressModine Manufacturing Company: https://seekingalpha.com/symbol/MOD
10:0115/03/2023
Report: Another Auction of SVB
FDIC is reportedly planning another auction of Silicon Valley Bank (SIVB) (00:45). Credit Suisse (CS) discloses 'material weakness' in reporting procedures (04:23). CPI watch: All eyes on inflation data for clues on Fed rate hike path (03:15).Our links:Wall Street Breakfast: seekingalpha.com/wsbSeeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: https://seekingalpha.com/premium/getting-startedA comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks: https://seekingalpha.com/alpha-picks/subscribeAlpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Twitter: https://twitter.com/WallStBreakfastShow links:Federal Reserve to review its oversight of Silicon Valley Bank, led by Michael BarrNetflix said to be considering alternatives for ad operationsIP Banking Research: Credit Suisse: I Am Selling (Rating Downgrade)Amgen facing class action suit over owing more than $10B in back taxes and penaltiesBoeing is said to be close to selling almost 80 Dreamliners to two Saudi airlinesUber, Lyft and DASH notched higher as California court classifies drivers as contractorsSurveyMonkey parent Momentive to be taken private in deal valuing it at ~$1.5BWSB Survey, Favorite Wall Street Movie?: https://forms.gle/7eUdiDvXxPNVGYpT6
10:2314/03/2023
SVB Depositors to Have Access to Funds
Silicon Valley Bank (SIVB) depositors to have access to all funds on Monday (00:38). Federal Reserve creates lending facility for banks.(01:35) Signature Bank (SBNY) taken over by New York Department of Financial Services (01:07).Our links:Wall Street Breakfast: seekingalpha.com/wsbSeeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: https://seekingalpha.com/premium/getting-startedA comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks: https://seekingalpha.com/alpha-picks/subscribeAlpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Twitter: https://twitter.com/WallStBreakfastShow links:First Republic gets liquidity support from Federal Reserve, JPMorgan ChaseHSBC acquires Silicon Valley Bank UK for £1Cash Flow Hunter: SVB Financial: Blow Up RiskCoinbase had $240M cash balance at Signature Bank, expects full recoveryEtsy sellers impacted by collapse of Silicon Valley Bank - reportsRAPT Therapeutics, Repare Therapeutics among biotechs to disclose exposure to Silicon Valley BankAll-In Podcast: https://www.youtube.com/watch?v=CEee7dAk25cBill Ackman says more banks will fail, but now have government 'roadmap' to manage them'Everything Everywhere' strikes blow for indie filmmaking at OscarsMarch Madness is here - time to buy or fade sports betting stocks?
09:1313/03/2023
The Week Ahead: Feb CPI, FedEx Earnings
The February Consumer Price Index to be released this week. Drama ensues over the Silicon Valley Bank (NASDAQ:SIVB) meltdown, while investors remain wary over a possible contagion effect. And, the upcoming Fedex (FDX) earnings report could offer some insight into the state of the U.S. economy.Our links:Wall Street Breakfast: seekingalpha.com/wsb Seeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: https://seekingalpha.com/premium/getting-started A comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks: https://seekingalpha.com/alpha-picks/subscribe Alpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Twitter: https://twitter.com/WallStBreakfastShow Links:Stocks to Watch: https://seekingalpha.com/article/4586598-stocks-to-watch-investors-prep-for-cpi-nail-biter-earnings-reports-from-fedex-xpeng-and-dollar-generalCatalyst Watch: https://seekingalpha.com/news/3946540-catalyst-watch-microsoft-ramps-up-ai-talk-fedex-earnings-and-voting-drama-with-amc-entertainment-ritchie-bros Earnings Week Ahead: https://seekingalpha.com/news/3946443-earnings-week-ahead-adobe-fedex-lennar-xpeng-dollar-general-and-more Microsoft and AI: https://seekingalpha.com/article/4584581-breaking-down-generative-ai-microsoft-music-plays-elsewhere-than-in-search
09:2412/03/2023
Catalyst Watch: CPI, Silicon Valley Bank Contagion
Catalyst watch for the week of March 12. Seeking Alpha Managing News Editor, Kim Khan gives a rundown of the catalysts for the week featuring CPI (00:32). Seeking Alpha Associate News Editor, Kevin Curran gives an earnings preview (02:13). He says to look for reports from Adobe (ADBE), FedEx (FDX) and Dollar General (DG). In addition, the hosts discuss whether Silicon Valley Bank (SIVB) will get a bailout and the impact the news is having on other banks (04:02). Finally, Kim wants to know, what is your favorite Wall Street movie (10:01)?Our links:Wall Street Breakfast: seekingalpha.com/wsbSeeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: https://seekingalpha.com/premium/getting-startedA comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks: https://seekingalpha.com/alpha-picks/subscribeAlpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Twitter: https://twitter.com/WallStBreakfastShow links:SVB Financial's attempts to raise capital failed; in talks for sale - reportNonfarm payrolls growth stronger than expected; unemployment rises to 3.6%Charles Schwab stock selloff deepens; Morgan Stanley calls it overdone
15:0111/03/2023
Silicon Valley Bank Plunges
SVB Financial Group (SIVB) plunges 60%, leads banks lower (00:52). February jobs expected to ease from January's blowout number (02:52). Biden's budget proposal seeks to increase taxes on rich, boost spending, cut deficit (03:48).Our links:Wall Street Breakfast: seekingalpha.com/wsbSeeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: https://seekingalpha.com/premium/getting-startedA comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks: https://seekingalpha.com/alpha-picks/subscribeAlpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Twitter: https://twitter.com/WallStBreakfastShow links:SVB Financial Group: https://seekingalpha.com/symbol/SIVBFed is creating team of experts to keep track of crypto developments, Barr saysSEC makes Blackbaud pay $3M for misleading about 2020 cyberattackPishPosh postpones $9M IPO, two days after shares were priced
09:4210/03/2023
Credit Suisse Delays Annual Report
Credit Suisse (CS) shares drop after it delays annual report over SEC queries (00:48). Silvergate Capital (SI) to wind down operations, liquidate Silvergate Bank (01:54). Walgreens' (WBA) $54M contract with California to be canceled over abortion pill access (05:27).Our links:Wall Street Breakfast: seekingalpha.com/wsbSeeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: https://seekingalpha.com/premium/getting-startedA comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks: https://seekingalpha.com/alpha-picks/subscribeAlpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Twitter: https://twitter.com/WallStBreakfastShow links:Mike Fay, BlockChain Reaction: https://seekingalpha.com/author/mike-fay Boeing will see stronger oversight from Federal Aviation AdministrationBHP to bypass lithium while maintaining focus on copper, nickelBHP Group: Future Looks Good, But The Stock Is Not Yet A BuyWWE sheds loss amid report it's pursuing legal betting on scripted matches
09:5009/03/2023
Market Braces for Powell's Return
S&P, Nasdaq, Dow futures tick up as market braces for the return of Powell (1:00). Senators unveil bill to rein in TikTok (BDNCE), 'adversarial' tech (06:49). Warren Buffett’s Berkshire Hathaway (BRK.A) (BRK.B) buys another 5.8M Occidental (OXY) shares (08:34).Our links:Wall Street Breakfast: seekingalpha.com/wsbSeeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: https://seekingalpha.com/premium/getting-startedA comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks: https://seekingalpha.com/alpha-picks/subscribeAlpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Twitter: https://twitter.com/WallStBreakfastShow links:WW International, Inc. https://seekingalpha.com/symbol/WWNot All Growth Stocks Are Dead With Austin Hankwitz (Cash Flow Freaks)SoFi sues Biden administration seeking to end student loan payment pauseSoFi: Banking Its Way To GAAP ProfitabilitySohn dropping unsuccessful 16-month bid to join FCCWeWork said to be in talks to overhaul over $3B of debt, raise more cash
10:2308/03/2023
Powell Begins 2-Day Testimony
Investors eye Powell's Senate testimony for rate hike clues amid hot economic data (00:48). Meta Platforms (META) is reportedly ready to cut thousands more jobs as soon as this week (01:59). Why did Spirit Airlines (SAVE) stock slide on Monday? JetBlue (JBLU) deal looks potentially doomed (02:33).Our links:Wall Street Breakfast: seekingalpha.com/wsbSeeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: https://seekingalpha.com/premium/getting-startedA comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks: https://seekingalpha.com/alpha-picks/subscribeAlpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Twitter: https://twitter.com/WallStBreakfastShow links:Google prepares workers for fewer senior promotions - reportGOOG Vs. GOOGL Stock: 2 Ways To Buy Alphabet, One Of Them Is Always BetterParamount exploring selling control of BET media assets; Perry expresses interest (updated)WW buying telehealth provider Sequence; provides easier access to obesity drugsAmazon self-driving unit Zoox faces safety probe
08:4507/03/2023
Bill to Ban Senior Federal Officials from Stock Trading
Hawley expected to introduce a bill to ban senior federal officials from stock trading. More cost cuts? Amazon (AMZN) is shuttering Go stores after HQ2 construction halt. Tesla (TSLA) slashes U.S. Model S and Model X prices to surge consumer demand.Our links:Wall Street Breakfast: seekingalpha.com/wsbSeeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: https://seekingalpha.com/premium/getting-startedA comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks: https://seekingalpha.com/alpha-picks/subscribeAlpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Twitter: https://twitter.com/WallStBreakfastShow links:Norfolk Southern says second derailed train in Ohio contains no toxinsDocuSign: Lots Of Potential In An Expensive Stock; Taking A Wait-And-See ApproachMore cost cuts? Amazon is shuttering Go stores after HQ2 construction haltTesla slashes U.S. Model S and Model X prices to surge consumer demandAirbnb cuts 30% of recruiting staff (update)Johnson & Johnson's Stelara demonstrates long-term efficacy in Crohn's disease
08:3406/03/2023
The Week Ahead: Jobs Report, New NBA Deal
The February U.S. jobs report could mean interest rates will be raised more than expected. The NBA is rolling toward a new multiyear deal for rights to its games, putting pressure on ESPN (NYSE:DIS) and Turner (NASDAQ:WBD). Tesla's (NASDAQ:TSLA) bid to be the world's largest automaker could get a boost from its new massive Mexico Gigafactory.Our links:Wall Street Breakfast: seekingalpha.com/wsbSeeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: https://seekingalpha.com/premium/getting-startedA comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks: https://seekingalpha.com/alpha-picks/subscribeAlpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Twitter: https://twitter.com/WallStBreakfastShow Links:Stocks to Watch: https://seekingalpha.com/article/4584452-stocks-to-watch-jobs-report-drama-could-flip-the-script-for-investorsCatalyst Watch: https://seekingalpha.com/news/3944067-catalyst-watch-general-electric-apple-chevron-black-knight-and-ethereum-in-the-spotlightNBA Seeks New Rightsholder: https://seekingalpha.com/news/3944191-espn-turner-and-media-names-get-ready-to-pay-dearly-in-new-nba-dealTesla’s new Mexico factory: https://seekingalpha.com/news/3943819-teslas-bid-to-be-the-worlds-largest-automaker-could-get-a-boost-from-huge-mexico-gigafactory
10:2405/03/2023
Catalyst Watch: Non Farm Payrolls, TikTok Ban?
Catalyst watch for the week of March 5. Seeking Alpha Managing News Editor, Kim Khan gives a rundown of the catalysts for the week including what to expect in the non farm payrolls report and why the report is a week later than usual. Seeking Alpha Associate News Editor, Kevin Curran gives an earnings preview. He says the season is slowing but look out for reports from DocuSign (DOCU) and JD.com, Inc (JD). In addition, the hosts discuss recent TikTok (BDNCE) headlines including a ban from federal devices. Is this politics at play and which social media company could benefit from a total U.S. ban? Finally, Kim wants to know, Which S&P sector do you believe will be the best performer in 2023?Our links:Wall Street Breakfast: seekingalpha.com/wsbSeeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: https://seekingalpha.com/premium/getting-startedA comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks: https://seekingalpha.com/alpha-picks/subscribeAlpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Twitter: https://twitter.com/WallStBreakfastShow links:Pressure on TikTok intensifies as EU looks to ban federal usageWhite House declares 30 days timeline to get rid of TikTok app from federal devices
15:3304/03/2023
Ericsson Paying $207M Fine
Ericsson (ERIC) paying $207M fine to resolve breached DOJ deal. Apple (AAPL) supplier, Foxconn (FXCOF) said to build $700M iPhone plant in India in shift from China. S&P, Nasdaq, Dow futures edge up as yields retreat. Our links:Wall Street Breakfast: seekingalpha.com/wsbSeeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: https://seekingalpha.com/premium/getting-startedA comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks: https://seekingalpha.com/alpha-picks/subscribeAlpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Twitter: https://twitter.com/WallStBreakfastShow links:Sprouts Farmers Market: A Peter Lynch StoryWhy did Silvergate (SI) tank? Stock hits record low on potential going concern risk.Parkland nixes planned renewable diesel project, citing U.S. lawNorfolk Southern and other big railroads will join the FRA 'close call' programHPE buys Israeli cloud security firm Axis SecurityVegan fast-food chain Odd Burger files for Nasdaq uplisting, $12M offeringBetter Choice lays off 25% of its workforceCiti said to cut less than 1% of workforce, with investment-banking staff targetedESPN looking to help users find sports streams - even on its rivals, report says
10:0603/03/2023
Biden Set to Veto Anti-ESG Investing Bill
Biden's first veto set to counter anti-ESG investing bill. Salesforce (CRM) shares climb as earnings outlook, results suggest more strength ahead. Tesla's (TSLA) new master plan includes next-gen EV platform, leading Earth's path to a sustainable economy.Our links:Wall Street Breakfast: seekingalpha.com/wsbSeeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: https://seekingalpha.com/premium/getting-startedA comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks: https://seekingalpha.com/alpha-picks/subscribeAlpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Twitter: https://twitter.com/WallStBreakfastShow links:Silvergate sinks 32% as annual report filing delayed amid higher losses, regulatory probeLithium Americas can start digging at Thacker Pass, appeals court denies injunctionCrypto exchange Kraken said to stop using Signature Bank for dollar deposits, withdrawalsMicrosoft-Activision review gets two more weeks from Europe watchdogMike Fay: https://seekingalpha.com/author/mike-fayEli Lilly slashes insulin prices by 70%, places $35 monthly out-of-pocket capEli Lilly Is Still Overvalued But Should Be On Your Watchlist
12:0602/03/2023
Tesla Investor Day Preview
Tesla (TSLA) Investor Day preview: Are cheaper electric vehicles part of the master plan? General Motors (GM) cuts jobs despite pledges to the contrary. FTX's (FTT-USD) Singh to plead guilty to fraud charges; SEC, CFTC file separate complaints (update). Our links:Wall Street Breakfast: seekingalpha.com/wsbSeeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: https://seekingalpha.com/premium/getting-startedA comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks: https://seekingalpha.com/alpha-picks/subscribeAlpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Twitter: https://twitter.com/WallStBreakfastShow links:Goldman Sachs said to be open to hiring staff for digital assets groupGoldman is said to evaluate sale of GreenSky - reportChinese medical device maker MED EIBY files for $20M US IPOEric Basmajian: https://seekingalpha.com/author/eric-basmajianInvesting Experts Podcast: The Macro Update (Q1 2023) With Eric Basmajian (EPB Macro Research)
09:2101/03/2023
SCOTUS: Biden Student Loan Forgiveness Plan
Supreme Court to hear case on Biden's student loan forgiveness plan. Ron DeSantis puts Disney's (DIS) special Florida district under state control. Altria (MO) is reportedly in a deal for vaping brand NJOY (updated).Our links:Wall Street Breakfast: seekingalpha.com/wsbSeeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: https://seekingalpha.com/premium/getting-startedA comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks: https://seekingalpha.com/alpha-picks/subscribeAlpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Twitter: https://twitter.com/WallStBreakfastShow links:Plaintiffs ask for emergency injunction for Thacker Pass lithium mine before digging startsUS GoldMining, a unit of Canada's GoldMining, files for $20M US IPOSnap launching 'My AI' chatbot for subscribersMeta Platforms building 'top-level' product group focused on AI, Zuckerberg saysPalantir job cuts to hit 2% of workforcePoll: What do you think about a 4-day trading week?
08:0928/02/2023
Pfizer Reportedly in Talks to Acquire Seagen
Pfizer (PFE) reportedly in early stage talks to acquire Seagen (SGE). Nokia (NOK) revamps iconic logo in strategy shift away from phone business. Nasdaq, S&P, Dow futures rise with durable goods orders in view. Our links:Wall Street Breakfast: seekingalpha.com/wsbSeeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: https://seekingalpha.com/premium/getting-startedA comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks: https://seekingalpha.com/alpha-picks/subscribeAlpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Twitter: https://twitter.com/WallStBreakfastShow links:Union Pacific looking for new chief executive amid activist pressureSeagen: Back On Track, Priced About Right
07:0227/02/2023
The Week Ahead: Tesla's Big Day, 5G Updates
Tesla’s (TSLA) biggest event of the year is this week, where they’ll focus on their plan to make electric vehicles more affordable. In the retail sector, Target (TGT) is due to report earnings this week. And, the Mobile World Congress in Barcelona will give consumers an anticipated update on the 5G ecosystem.Our links:Wall Street Breakfast: seekingalpha.com/wsbSeeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: https://seekingalpha.com/premium/getting-startedA comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks: https://seekingalpha.com/alpha-picks/subscribeAlpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Twitter: https://twitter.com/WallStBreakfastShow LinksStocks to Watch: https://seekingalpha.com/article/4581774-stocks-to-watch-tesla-rivian-chevron-and-goldman-sachs-could-see-joltsCatalyst Watch: https://seekingalpha.com/news/3940433-catalyst-watch-tesla-event-microsoft-talks-chatgpt-rivian-earnings-and-chevronMobile World Congress: https://seekingalpha.com/article/4581108-early-mwc-news-5g-infrastructureTesla Investor Day: https://seekingalpha.com/news/3940940-tesla-investor-day-preview-are-cheaper-electric-vehicles-part-of-the-master-plan
08:0426/02/2023
Catalyst Watch: Chicago PMI, Tesla 2023 Investor Day
Catalyst watch for the week of February 26. Seeking Alpha Managing News Editor, Kim Khan gives a rundown of the catalysts for the week including Chicago PMI. Seeking Alpha Associate News Editor, Kevin Curran gives an earnings preview. He says several retailers including Lowe’s (LOW) and Target (TGT) are due to report. In addition to retailers, look for reports from EV charging, auto and energy companies. Kevin also gives a detailed breakdown of what investors could see from Tesla’s (TSLA) 2023 Investor Day event. Finally, Kim is asking, “What do you think of a 4-day trading week?” Our links:Wall Street Breakfast: seekingalpha.com/wsbSeeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: https://seekingalpha.com/premium/getting-startedA comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks: https://seekingalpha.com/alpha-picks/subscribeAlpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Twitter: https://twitter.com/WallStBreakfastShow links:Tesla announces global engineering HQ in Palo AltoTesla weighing takeover bid for Sigma Lithium - BloombergTesla's potential lithium deal is sized up by analysts
14:2225/02/2023
Russia Invades Ukraine, One Year Later
Yellen warns on global economy as China pushes ceasefire in Ukraine. DOJ reportedly set to sue Adobe (ADBE) over $20B Figma acquisition. Boeing (BA) said to freeze deliveries of 787 jets over documentation questions.Our links:Wall Street Breakfast: seekingalpha.com/wsbSeeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: https://seekingalpha.com/premium/getting-startedA comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks: https://seekingalpha.com/alpha-picks/subscribeAlpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Twitter: https://twitter.com/WallStBreakfastShow links:Sam Bankman-Fried indicted on more criminal charges over FTX collapseRetirement analysis: Fidelity reveals average 401(k) lost 23% in 2022Adobe: A Compounder That May Beat The Market
07:5724/02/2023
Tesla Announces Engineering HQ in Palo Alto
Tesla (TSLA) announces global engineering HQ in Palo Alto. AI is at 'an inflection point' according to Nvidia's (NVDA) CEO. DOJ moves forward on yet another Google (GOOG) (GOOGL) antitrust case, over Google Maps.Our links:Wall Street Breakfast: seekingalpha.com/wsbSeeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: https://seekingalpha.com/premium/getting-startedA comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks: https://seekingalpha.com/alpha-picks/subscribeAlpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Twitter: https://twitter.com/WallStBreakfastShow links:Wells Fargo lays off mortgage bankers as it streamlines home lending business - reportApple nears bid to shake up glucose monitoring market – BloombergStarbucks jolts the coffee market with its biggest product launch in yearsMike Fay, BlockChain Reaction: https://seekingalpha.com/author/mike-fayNvidia: Soaring On Q4 Earnings Beat
09:1223/02/2023
Cautious Outlook: Home Depot, Walmart
Why did Home Depot (HD) stock slide on Tuesday? Earnings left room for improvement. Walmart (WMT) warns shoppers are pulling back on spending. Backlash at Amazon (AMZN) after employees ordered back to the office.Our links:Wall Street Breakfast: seekingalpha.com/wsbSeeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: https://seekingalpha.com/premium/getting-startedA comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks: https://seekingalpha.com/alpha-picks/subscribeAlpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Twitter: https://twitter.com/WallStBreakfastShow links:News Corp. says no more talks about selling Move unit to CoStar GroupOne Medical jumps on report FTC won't challenge Amazon purchaseU.S. to trim mortgage insurance costs in bid to boost affordability - reportTyson Foods acquires Williams Sausage Company for undisclosed amountTop 10 Stocks For 2023Investing Experts Podcast: Top 10 Stocks For 2023 With Head Of Quant Steven CressSigma Lithium Corporation: https://seekingalpha.com/symbol/SGML
08:2622/02/2023