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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
Putin Responds to Biden’s Ukraine Visit
Russia's Putin gives speech following Biden's visit to Ukraine. Ericsson (ERIC) said to axe 1,400 jobs in Sweden. Meta (META) to launch monthly subscription service for Instagram , Facebook - reports. 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:Meta to launch monthly subscription service for Instagram, Facebook - reportsEricsson said to axe 1,400 jobs in SwedenUber reportedly in a deal with Tata Motors to launch 25,000 EVs in IndiaHong Kong opens doors to retail investors for trading large crypto tokensNBA inks new strategic partnership with China's Ant GroupTencent reportedly in talks to sell Meta's Quest 2 VR Headset in ChinaSlowing 5G Spend And Strategic Missteps Have Ericsson Shares On The Mat
07:2321/02/2023
The Week Ahead: Russia's New Ruble And Investing In Garbage
Russia’s central bank says it will roll out a digital currency pilot, following in Japan’s footsteps.One of the biggest consumer events of the year will take place next week in New York City.And why garbage stocks, like Waste Management (NYSE:WM), could be the next big play for investors. 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/4579610-stocks-to-watch-retail-gets-tested-with-walmart-home-depot-and-cagny-conference-on-tapCatalyst Watch: https://seekingalpha.com/news/3937806-catalyst-watch-spotlight-on-retail-earnings-lucid-group-silvergate-capital-and-radwareRussia's new digital currency: https://seekingalpha.com/news/3937846-russians-central-bank-to-roll-out-digital-ruble-pilot-in-april
07:0619/02/2023
Catalyst Watch: FOMC Minutes, Walmart, Inventory
Catalyst watch for the week of February 19. Seeking Alpha Director of News, Jerry Kronenberg gives a rundown of the catalysts for the week including FOMC minutes. Seeking Alpha Associate News Editor, Kevin Curran gives an earnings preview. He says Home Depot (HD) and Walmart (WMT) are reporting next week with Lowe’s (LOW) and Target (TGT) the following week. One key data point to note is bloated inventory, a previous issue for some retailers.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:Are retailers finally wrangling inventory issues?Catalyst watch: Spotlight on retail earnings, Lucid Group, Silvergate Capital and Radware
11:5618/02/2023
Apple Contractor Layoffs
Apple (AAPL) said to start laying off contractors in recent days. Tesla (TSLA) falls into negative territory after recalling +360K vehicles in the U.S. Norfolk Southern (NSC) under pressure as another train derails near Detroit.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:Applied Materials rises as guidance tops estimatesLife Storage turns down Public Storage's $11B offer for companyBJ’s Restaurant posts stronger than expected profits, eyes price increasesMKSI's Ransomware Attack Could Have Significant Implications For Applied Materials
08:4617/02/2023
Congressional Budget Office Outlook
U.S. has until July-September to avert debt-ceiling breach, CBO estimates. Apple (AAPL) reportedly planning on mixed-reality headset debut in June. Binance USD (BUSD-USD): The Wells Notice Is A Big Deal For All Of Crypto. 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:Apple granted patent for foldable device as speculation mountsTrulieve begins ads on Twitter, first US cannabis company to advertise on the mediumTesla's Model Y is sold out in the U.S. for this quarterMike Fay: https://seekingalpha.com/author/mike-fay
07:5116/02/2023
13F Filings
Jeffrey Smith's Starboard Value adds Salesforce (CRM), Vertiv (VRT), exits Huntsman (HUN), ACIW (ACIW). Berkshire Hathaway (BRK.A) (BRK.B) adds to Apple (AAPL) stake, pares US Bancorp (USB), BNY Mellon (BK) stakes. 3G Capital adds Nvidia (NVDA) in Q4; exits Microsoft (MSFT), JD.com (JD). Is The JEPI ETF Actually Worth It? 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:Avaya files for bankruptcy, draws $780M in new financingGrove Collaborative announces Walmart, Amazon launch (update)Investing Experts: Is The JEPI ETF Actually Worth It? With Scott Kaufman (High Dividend Opportunities)JEPI JPMorgan Equity Premium Income ETF: https://seekingalpha.com/symbol/JEPI
09:2115/02/2023
January Consumer Price Index
CPI expected to jump M/M in January but cool Y/Y; don't expect a Fed pivot. Boeing (BA) said to plan $24M investment for logistics center in India. Ford (F) confirms $3.5B battery plant, downplays political risk of CATL partnership, cutting jobs in Europe. 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:Microsoft begins rolling out ChatGPT for desktop use; mobile devices still to comeNBC Sports reportedly planning serious bid to reclaim NBA rightsSuper Bowl ratings rise 1% from last year, with bump from RihannaFidelity National Information Services: https://seekingalpha.com/symbol/FISFord: 2 Billion Reasons To Buy
09:2714/02/2023
China Accuses U.S. Of Flying Spy Balloons
China accuses U.S. of flying spy balloons since early 2022. Fidelity National Information (FIS) plans to spin off its merchant business - report. Catalyst watch: Inflation reads, Roblox (RBLX) and DoorDash (DASH) in the spotlight.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:Palantir: Nearing A Danger Zone Ahead Of Q4 Earnings (Technical Analysis)Palantir Technologies Q4 2022 Preview: What To Watch ForMeta Platforms: https://seekingalpha.com/symbol/META
06:3213/02/2023
The Week Ahead: Superbowl spotlight, and eyes on inflation
In the U.S., key reports due out putting the spotlight once again on inflation and interest rates.Football fans are counting down the minutes until the superbowl, as bets are likely to be wagered by 30 million, and advertisers are dropping 7M dollars for airtime, during the most watched event of the year. Meanwhile, Apple (AAPL) takes over from Pepsico (PEP) as the sponsor of this year's halftime show, headlined by none other than Rihanna.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/4577369-stocks-to-watch-big-week-on-tap-for-anheuser-busch-snap-cisco-and-aptivSuperbowl spotlight: https://seekingalpha.com/news/3934845-super-bowl-spotlight-will-include-apple-draftkings-gm-and-diageoCatalyst watch: https://seekingalpha.com/news/3934884-catalyst-watch-inflation-reads-roblox-and-doordash-in-the-spotlight
09:1712/02/2023
Catalyst Watch: CPI, Applied Materials, Super Bowl on FOX
Catalyst watch for the week of February 12. Seeking Alpha Senior Managing News Editor, Kim Khan talks about what to expect with CPI. He and Seeking Alpha Senior News Editor of Media and Telecom, Jason Aycock also discuss the AI Summit West with a look back at an AI heavy week. Kim also gives an Applied Materials (AMAT) earnings preview. In addition, Jason takes a deep dive into Super Bowl advertisements, how long it took Fox (FOX) to sellout and the industry we won’t see in the ads this year.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:Fox sells out Super Bowl ads, no thanks to crypto 'implosion'; Brady makes broadcast plansUsed auto prices rise in January after dealers loaded up on inventoryApplied Materials: https://seekingalpha.com/symbol/AMAT
14:1411/02/2023
More Layoffs: Yahoo, News Corp
Apollo's (APO) Yahoo to lay off more than 20% of staff in digital ad strategy shift. Lyft (LYFT) sinks 30%+ after hours as weak Q1 guidance disappoints Wall Street (update). Coinbase (COIN) tumbles on fears the SEC could do away with crypto staking.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 dips as it suspends bonuses, cuts executive salariesMicrosoft-owned GitHub said to cut 10% of staff, to go fully remoteChick-fil-A comes out of the lab with a new plant-based sandwich; Beyond Meat -5%PayPal Holdings' Dan Schulman to retire at year end after eight years as CEOTradevestor: Lyft Needs A Lift, But Is Unlikely To Get One
08:5010/02/2023
Disney Gains
Disney (DIS) earnings call: Company cutting 7,000 jobs, aims to restore dividend in '23. Why did Alphabet (GOOG) (GOOGL) stock slip? Blame Bard mistake, underwhelming AI event. Affirm (AFRM) stock sinks as outlook dimmed on higher borrowing costs, 19% job cuts announced.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:Netflix expands account-sharing approach to four countriesPost to buy 9Lives, other pet food brands from Smucker in $1.2B dealGoogle Labs VP exiting to form AI start-up with Salesforce ex TaylorAffirm stock sinks as outlook dimmed on higher borrowing costs, 19% job cuts announcedMike Fay with BlockChain Reaction: https://seekingalpha.com/author/mike-fay The 'Optimism' Is Strong In This One
09:4309/02/2023
State of the Union
Biden says in the State of the Union economy is building 'from the bottom up.’ Zoom (ZM) jumps as CEO says company will lay off 1,300 workers. Microsoft (MSFT) tops $2T market cap as it unveils AI-powered Bing, Edge browser.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:Apple Pay Later coming soon as tech giant pushes into financial servicesMeta settles lawsuit over its infinity-symbol logoeBay announces hundreds of job cutsInvesting Experts Podcast: Top 10 Stocks For 2023 With Head Of Quant Steven CressTop 10 Stocks For 2023
10:2108/02/2023
Wall Street Breakfast: AI Frenzy
AI frenzy: Baidu (BIDU) confirms plan to launch ChatGPT-like bot called 'Ernie'. Google (GOOG) (GOOGL) to launch Bard chatbot for feedback as it steps up AI competition. Boeing (BA) to cut 2,000 white-collar jobs in finance, HR - report. 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:Economy in focus at Biden's State of the Union addressBed Bath & Beyond pares monster gain after convertible stock deal announcedCVS close to acquiring Oak Street Health for $10.5B - WSJRestaurant groups Cava, Fogo, Panera reportedly eyeing 2023 IPOsSam Bankman-Fried reaches deal with federal prosecutors on use of encrypted appsDalius Taurus: https://seekingalpha.com/author/dalius-taurus/
09:3207/02/2023
Wall Street Breakfast: U.S.-China Relations
U.S.-China relations on edge after spy balloon is shot down. Dell (DELL) to slash 6,650 jobs, ~5% of global workforce - report. After recent cuts, Tesla (TSLA) lifts Model Y prices in the U.S. 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:Fitness mirror vendor Interactive Strength, d.b.a. Forme, sets terms for $14M IPOPublic Storage offers to acquire rival Life Storage for $11BElon Musk wins Tesla shareholder lawsuit over 2018 ‘funding secured’ tweetDisney could license content to rivals as part of Iger's new company directionLogos Capital Management: https://seekingalpha.com/author/logos-capital-management The Value Analyst: https://seekingalpha.com/author/the-value-analyst
09:1606/02/2023
Catalyst Watch: Fed Speaker Watch, Chipotle, Manchester United
Catalyst watch for the week of February 5. Seeking Alpha Senior Managing News Editor, Kim Khan speaks with Julie Morgan about an error in Fed Chair Jerome Powell’s remarks and how upcoming fed speakers will finetune the message. In addition, Khan gives a Chipotle (CMG) earnings preview. He also discusses how the Glazer family’s loss of Tom Brady from the Tampa Bay Buccaneers will be softened by the sale of Manchester United (MANU).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:Catalyst watch: Google talks AI, Nordstrom drama and Canada Goose eventChipotle Mexican Grill: https://seekingalpha.com/symbol/CMGChipotle announces plan to hire 15,000 new employeesManchester United: https://seekingalpha.com/symbol/MANU
09:5004/02/2023
Wall Street Breakfast: Alphabet, Amazon, Apple
Apple (AAPL) would've grown in 'vast majority' of markets if not for FX headwinds: Cook. Alphabet (GOOG) (GOOGL) CEO Pichai touts AI, but says business is 'more challenging'. Amazon (AMZN) stock moves lower on mixed earnings result (update). January nonfarm payroll report should show slower growth, but will it suit the Fed?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:UnitedHealth, Humana take hit on low Medicare Advantage payment increase for 2024Nordstrom jumps 30% on report activist Ryan Cohen takes stakeWeighing Machine: Nordstrom: Cheap But I'm Not Buying
07:5403/02/2023
Wall Street Breakfast: META Rockets
Meta Platforms (META) rockets as Q4 results surpass expectations, unveils $40B buyback. Markets should 'feel better' by progress in debt limit talks - McCarthy. Crypto Thursday with Mike Fay, BlockChain Reaction on the Bitcoin (BTC-USD) and Ethereum (ETH-USD) rally following the Fed announcement.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:An Investor Roadmap For 2023 U.S. Debt Ceiling CrisisPeloton: https://seekingalpha.com/symbol/PTONMike Fay, BlockChain Reaction: https://seekingalpha.com/author/mike-fayFTX founder Sam Bankman-Fried's bail conditions amended by judgeMerck COVID-19 pill linked to virus mutations – study
08:4502/02/2023
Wall Street Breakfast: Federal Reserve Poised For 25-bp Rate Hike
Federal Reserve poised for 25-bp rate hike; expect tough talk from Powell. Intel (INTC) cutting employees' pay, trimming CEO salary by 25% in downturn. The TACK ETF (TACK) And Market Outlook With Katie Stockton And Austin Hankwitz. 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:Snap earnings call: Improvements will take time to hit top line, CEO saysFeeling the heat from ChatGPT, Google is testing new AI productsThe TACK ETF And Market Outlook With Katie Stockton And Austin HankwitzCannabis vaping and tobacco products vendor Ispire files for $42M IPOPayPal to lay off 2,000 employees in another round of cost cuts, stock rises over 3%Whole Foods presses supplier to cut pricesMichael Wiggins De Oliveira: https://seekingalpha.com/author/michael-wiggins-de-oliveira
09:5901/02/2023
Wall Street Breakfast: IMF: U.S. Could Avoid Recession In 2023
U.S. could avoid recession in 2023: IMF upgrades latest forecasts. Alibaba (BABA) shares slump on rumor it could move HQ to Singapore. Paramount+ (PARA) merging with Showtime, in linear/streaming reworking.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:Groupon approves new restructuring phase, will shed 500 jobsCarvana Is Likely Going To Crash Yet AgainJ&J falls after appeals court rules company can't use bankruptcy to end cancer suits (update)COVID-19 public health emergency coming to an end May 11, Biden says
07:5831/01/2023
Wall Street Breakfast: China's Baidu to Release ChatGPT-Like Bot
China's Baidu (BIDU) will reportedly release ChatGPT-like bot in March. Philips (PHG) stock rises as Q4 sales climb; supply chain issues, jobs cuts and 'slow start' in 2023. Boeing (BA) plans to hire 10,000 workers this year.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:Catalyst watch: Eyes on tech earnings, Chinese EV stocks, Peloton and Church & DwightCost cuts? Minimum purchase requirement raised at Amazon FreshNetflix dominates most-streamed programs of '22, as original programming growsDaniel Giron: https://seekingalpha.com/author/daniel-giron
07:0430/01/2023
Catalyst Watch: FOMC, Alphabet and Recession
Catalyst watch for the week of January 29. Seeking Alpha Senior Managing News Editor Kim Khan speaks with Julie Morgan about the upcoming FOMC meeting and gives a preview of Alphabet (GOOG) (GOOGL) earnings. In addition, Khan discusses Q4 GDP and what analysts are saying about a recession 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:Alphabet: https://seekingalpha.com/symbol/GOOGOil Markets: Geopolitics and China's Reopening with Jennifer Warren (Podcast)
11:0528/01/2023
Wall Street Breakfast: Intel Misses
Intel (INTC) plunges after Q1 guidance badly misses expectations. Walmart (WMT) plans to expand Sam's Club for the first time in five years. Travel demand: Airbus (EADSY) to recruit 13,000 new employees 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:Why did Salesforce stock go up today? reports on possible addition of new directorsIntel: The Dividend May Be In DangerHasbro COO Eric Nyman steps down; to eliminate 1,000 full-time positions in 2023Medical device maker NeurAxis sets terms for $15M IPOChinese logistics services provider Shengfeng sets terms for $25M US IPO
09:1727/01/2023
Wall Street Breakfast: Tesla Earnings
Tesla (TSLA) cruises past profit expectations, tips new model and Cybertrucks are on the way. Shopify (SHOP) stock surges on pricing plan increases. Toyota (TM) Motor names new CEO and Chairman. Mike Fay’s take on Bitcoin’s (BTC-USD) rise.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:A Threat To Shopify That All Bulls Must ConsiderTobacco giants look at deal options with JuulMeta bringing Trump back to Facebook, InstagramWill the U.S. supply Ukraine with fighter jets after tank approval?Mike Fay with Block Chain Reaction: https://seekingalpha.com/author/mike-fayInvesting Experts Podcast: The SEC Is Coming For Crypto + Mike Fay's Top Token For 2023
10:3726/01/2023
Wall Street Breakfast: Tesla Earnings Preview
Tesla (TSLA) earnings preview: Wildcards include deliveries guidance, margin read-throughs and CEO succession hints. U.S. poised to send dozens of M1 Abrams tanks to Ukraine. Netflix (NFLX) - Are You Still Investing? With Beth Kindig And Knox Ridley. 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:Carvana reaches deal to continue sales in IllinoisRocket Lab rallies after successful launch from U.S. soilMurdoch calls off plan to re-merge Fox, News Corp.General Dynamics: Positive Risk/Reward Going Into Q4 EarningsInvesting Experts Podcast Beth Kindig: https://seekingalpha.com/author/beth-kindigKnox Ridley: https://seekingalpha.com/author/knox-ridley
09:2325/01/2023
Wall Street Breakfast January 24: Second Antitrust Lawsuit Against Google?
DOJ poised to file second antitrust lawsuit against Google (GOOG) (GOOGL). Ticketmaster (LYV) exec to tell Senate panel of lessons learned in Swift ticket fiasco. Amazon (AMZN) dives deeper into healthcare with generic prescription service. 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:Bankrupt Genesis gets court nod for first day motionsPliant Therapeutics begins $175M public offering; closes up 35%HighPeak Energy to evaluate strategic options including possible saleTesla CEO Elon Musk testifies 'funding secured' tweet was the real dealFleshing Out Tesla Analysts' Fourth Quarter Estimates3M: Looking Past The LawsuitsVerizon Is Interesting And Cheap
08:5424/01/2023
Wall Street Breakfast January 23: Activist Elliott Management Reportedly Takes Stake in Salesforce
Activist Elliott Management said to take a large stake in Salesforce (CRM) - WSJ. Spotify (SPOT) plans dismissal of staff as soon as this week to cut costs. Abbott (ABT) under DOJ criminal probe over behavior at Michigan baby formula plant.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:Catalyst watch: Tesla reverberations, Intel earnings, Rocket Lab launch and Macau stocks on holidayFormer FTX US head raises $5M from Coinbase, Circle to build out new crypto ventureGM and LG cancel plans for fourth US plant Proterra to cut 300 jobs as it consolidates manufacturing plantsSpotify Techology S.A. (SPOT)
06:4723/01/2023
Catalyst Watch: GDP, Tesla and Another Elon Musk Legal Showdown
Today’s show focuses on the catalyst watch for the week of January 22. Seeking Alpha Managing Editor, Kim Khan explores GDP and gives a preview of Tesla (TSLA) earnings. Khan and Julie Morgan discuss the highlights from the latest Elon Musk legal showdown over tweets from 2018 about taking Tesla private. 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:Elon Musk faces another legal showdown over taking Tesla private tweet. Tesla earnings are next week and the whole EV sector could get a jolt.World trade is expected to lag global GDP growth as trade patterns shift, BCG says.
10:1821/01/2023
Wall Street Breakfast January 20: Alphabet To Cut 12,000 Jobs Worldwide
Alphabet (GOOG) (GOOGL) to cut 12,000 jobs worldwide. Netflix (NFLX) earnings: Stock gains as subs, revenues clear expectations bar. T-Mobile (TMUS) investigates 37M customer account data breach. DCG’s crypto lending subsidiary Genesis files for bankruptcy protection in New York. 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:Wayfair is reportedly laying off 1K workers as pandemic boom reversesBoeing ordered to hear felony charge related to 737 Max crashesCapital One Financial lays off over 1K tech employeesConcert Pharmaceuticals (CNCE)Ally Financial (ALLY)Regions Financial (RF)
09:4420/01/2023
Wall Street Breakfast January 19: U.S. Set To Hit Debt Ceiling Today: What's Next?
U.S. government set to hit the debt ceiling today: What's next? Genesis Global likely to file for bankruptcy this week - report. Vroom (VRM) slashes workforce by 20%.
08:2119/01/2023
Wall Street Breakfast January 18: Microsoft Reportedly Set to Unveil More Layoffs
Microsoft (MSFT) may cut engineering jobs and could unveil the layoffs Wednesday. Elon Musk faces another legal showdown over taking Tesla (TSLA) private tweet. Apple (AAPL) plans cheaper mixed-reality headset, postpones AR glasses.
08:0218/01/2023
Wall Street Breakfast January 17: China's Population Drops
Where to invest? China's population drops for the first time in decades. Activist Ryan Cohen takes stake in Alibaba (BABA) in push for more buybacks - report. Xpeng (XPEV) cuts prices on most models following Tesla (TSLA), Seres.
06:5517/01/2023
Wall Street Breakfast January 13: Earnings Season
'Tis the earnings season as biggest U.S. banks start festivities, Wall Street extends rally on Thursday and compensation is cooking.
08:5313/01/2023
Wall Street Breakfast January 12: What Will Today’s CPI Bring?
What will today’s Consumer Price Index bring? Peltz at it again and damaged database disrupts travel.
06:4212/01/2023
Wall Street Breakfast January 11: Wells Fargo Steps Back From Housing Market
Wells Fargo unveils plans to step back from housing market, the World Bank slashes global growth forecast and Fed Chair not a 'climate policymaker.'
07:2911/01/2023
Wall Street Breakfast January 10: Disney CEO Prefers Office
Disney CEO says office is the Happiest Place on Earth; traders probe Federal Reserve and Virgin Orbit gets grounded.
06:1510/01/2023
Wall Street Breakfast January 9: Chaos Hits Brazil
Chaos in Brazil as thousands of supporters of former Brazilian President Bolsonaro stormed the country's government buildings on Sunday. The 'right-to-repair' movement is making its way through the agriculture sector, with Deere and Co. (NYSE:DE) giving its U.S. customers the right to fix their own equipment. Arguing that the tactics are used to to suppress wages and hamper innovation, the Federal Trade Commission last week proposed a rule that will ban employers from imposing noncompete clauses on their workers.
06:4509/01/2023
Wall Street Breakfast January 6: Jobs Report Provides Insight Into Inflation, Fed Policy
Nonfarm payrolls report to provide insight into inflation, Fed policy. Raytheon (RTX) exploring $1B sale of actuation business - report. ChatGPT creator OpenAi in talks for tender offer at $29B valuation - report. Boeing’s (BA) safety procedures face review by a new FAA panel.
09:5406/01/2023
Wall Street Breakfast January 5: Amazon To Layoff Over 18K Employees
Amazon (AMZN) to lay off over 18k employees. Salesforce (CRM) shares climb as CEO says company 'hired too many people'. 2022 marks worst showing for U.S. car sales in over a decade. Lordstown (RIDE) expects ‘slow rate of production’ through Q1.
09:1605/01/2023
Wall Street Breakfast January 4: Apple Dips Below $2T
Apple (AAPL) dips below $2T Market Cap. Tesla (TSLA) jolts investors again. Rivian (RIVN) produced 10K vehicles in Q4, comes up short of full-year target. Victoria’s Secret (VSCO) stock sinks on executive exit.
08:2704/01/2023
Wall Street Breakfast January 3: 2023, US Recession or Economic Recovery?
Is a U.S. recession or economic recovery in store for 2023? Tesla (TSLA) China boss Tom Zhu to take charge of US factories, US & Europe sales operations. Catalyst watch: CES reveals and healthcare updates lead off 2023.
07:2103/01/2023
Wall Street Breakfast December 30: Southwest Airlines Plans ‘Return To Normalcy’ Friday
Southwest Airlines (LUV) plans ‘return to normalcy’ on Friday. Apple (AAPL) rebounds as Foxconn iPhone plant reportedly at 70% capacity. S&P futures (SPX) slip as bulls fight to close out the year with a weekly win. Check out 2022 in review from the Wall Street Breakfast one-page summary.
09:1130/12/2022
Wall Street Breakfast December 29: Apple Hits 52-Week Low, iPhone Estimates Fall
Apple (AAPL) falls 3%, hits 52-week low as iPhone estimates continue to fall. FTX's (FTT-USD) Sam Bankman-Fried expected to enter a plea next week. U.S. to require negative COVID tests for travelers coming from China. Novartis (NVS) to pay $245M to settle antitrust lawsuit on hypertension drug Exforge.
08:0129/12/2022
Wall Street Breakfast December 28: US Considers New Covid Precautions, Travelers From China
U.S. considers new COVID precautions on travelers from China. YouTube (GOOG) (GOOGL) needs at least 2.3M subscribers to break even on NFL Sunday Ticket deal. BOC Aviation (BCVVF) orders additional 40 Boeing (BA) 737-8 Jets.
08:0528/12/2022
Wall Street Breakfast December 27: DOT Investigates Southwest Airlines
DOT investigates Southwest Airlines (LUV) over 'unacceptable' flight cancellations. Shares of China's biggest funeral company (OTC:FSHUF) soar as zero-COVID abandoned. U.S. retail sales up 7.6% in holiday season as deals lure consumers - Mastercard (MA) report. Tesla (TSLA) to pursue reduced Shanghai production through January - Reuters.
08:1627/12/2022
Wall Street Breakfast December 23: Musk Says He Will Pause Tesla Share Sales
Tesla (TSLA) CEO Elon Musk says he will pause his share sales for two years. Sam Bankman-Fried released on $250M bond, house arrest. 3M (MMM) military earplug judge blocks effort to shift blame to bankrupt unit.
09:1623/12/2022
Wall Street Breakfast December 22: Bankman-Fried in US, Associates Plead Guilty
Bankman-Fried associates Ellison and Wang plead guilty to federal fraud charges. Micron Technology (MU) to cut 10% of workforce as chip market doldrums continue. Netflix (NFLX) to invest $850M in New Jersey production hub.
07:1722/12/2022
Wall Street Breakfast December 21: Ukraine President Zelensky to Visit White House
Ukraine President Zelenskiy to visit White House, address Congress. Google's (GOOG) (GOOGL) YouTube said in talks for rights to NFL Sunday Ticket - reports. Elon Musk confirms he will resign as Twitter CEO once he finds a replacement. Nike (NKE) gains after sales, margins top expectations despite inflation headwinds.
07:4021/12/2022
Wall Street Breakfast December 20: Sam Bankman-Fried Reportedly Agrees To Extradition
Sam Bankman-Fried, former FTX (FTT-USD) CEO, agrees to extradition to the U.S. after snag - report. Elon Musk mum on poll results but looks to change voting rules. Boeing (BA) is likely to receive an extension on the 737 safety deadline in a spending bill.
06:5920/12/2022
Wall Street Breakfast December 19: Twitter Users Vote Elon Musk Out
Wall Street says retail sales show more Scrooge than Santa. Elon Musk loses Twitter leadership poll with majority saying he should step down. L3Harris (LHX) confirms deal to acquire Aerojet Rocketdyne (AJRD) for $4.7B. VF Corp. (VFC) evaluating sale of Jansport backpack business - report.
07:5019/12/2022