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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
Stellantis car dealers decry 'degradation'
The automaker's U.S. dealer network hits out at management in an open letter. (0:15) PPI revisions bolster smaller rate cut predictions. (1:24) McDonald's extends its $5 menu. (3:52)Show Notes5 reasons why stock market volatility persistsAlaska Air rallies after hiking profit guidanceEpisode transcripts: seekingalpha.com/wsb Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
06:0912/09/2024
Boeing workers to vote: Deal or strike
Boeing could face strike as workers push back on tentative contract. (00:22) OpenAI reportedly in talks for $6.5B in funding at a $150B valuation. (01:45) BurgerFi International (BFI) files for Chapter 11 bankruptcy protection. (02:24)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: NTGR, OXM, and moreU.S. considering Nvidia chip exports to Saudi Arabia- reportSentinelOne sees increased interest after CrowdStrike incident, CEO saysFox could shake up the sports betting sector with the activation of its FanDuel stakeSign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
06:5712/09/2024
Markets bracing for smaller rate cut after CPI
Core retail inflation a tad hot, boosting odds of quarter-point Fed cut. (0:16) GameStop tumbles after sales fall. (2:25) Arm Holdings named a top pick. (3:39)Show NotesUBS updates its ‘election watch’ stocks to match new winning probabilitiesEpisode transcripts: seekingalpha.com/wsb Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
06:1511/09/2024
Microsoft CTO teases next AI leap
Microsoft (MSFT) CTO hints at new 'super important' AI product emerging. (00:26) Starbucks (SBUX) CEO says strategy will include refocusing on community coffeehouse vibe. (01:30) Apple (AAPL) sends hearing aid stocks lower on AirPods upgrade. (03:05)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: GME, DJT, and moreU.S. accuses Iran of supplying missiles to Russia, West responds with fresh sanctionsPresidential debate recap:Trump, Harris spar at second U.S. presidential debateTrade, inflation, healthcare and energy policy among talking points at Harris/Trump debateDonald Trump says he's 'a big fan' of solar powerTrump win would hit Treasury prices - INGSign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
05:5411/09/2024
Bank giants face capital hike of 9%
The revised hike is well below the 19% floated in the original plan. (0:15) Oracle rallies sharply after results. (3:00) DOJ argues at trial Google 'crushed' ad competition. (4:05)Show NotesOppenheimer lists best stock ideas going into the 2024 U.S. electionsCiti screens for mid-cap tech stocks for barbell investment approach with Magnificent 7Episode transcripts: seekingalpha.com/wsb Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
06:1710/09/2024
Taiwan exports notch new record on AI boom
Taiwan exports notch new record on AI boom, recovery in shipments to China. (00:24) Under Armour (UA) slashes fiscal 2025 outlook on updated restructuring plan. (01:41) Uber's (UBER) Khosrowshahi sees significant growth potential in AV, sponsor listing, plans for buybacks. (03:01)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: ORCL, RBRK, and moreGameStop earnings preview: Do investors want more than retro stores and cash hoarding?U.S. natural gas slumps as Gulf of Mexico storm seen slamming demandApple loses EU court battle over €13 billion Irish tax caseHarris-Trump debate: Plans for the economy in focusSign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
07:4710/09/2024
Apple unveils AI for new iPhones, watches and AirPods
The company confirms Apple Intelligence will launch in October. (0:15) 'Beetlejuice Beetlejuice' is a hit. (4:07) 50 stocks that could see tax-loss selling. (4:58)Show NotesAir Canada prepares for shutdown as union talks hit deadlockSummit stock soars as lung cancer drug beats Merck’s Keytruda in late-stage trialEpisode transcripts: seekingalpha.com/wsb Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
06:1509/09/2024
DirecTV accuses Disney of stifling competition in FCC complaint
DirecTV files FCC complaint accusing Disney (DIS) of stifling competition. (00:21) Big Lots (BIG) prepares for bankruptcy, agrees sale to Nexus Capital. (01:20) Panasonic (PCRFF) set to make next-gen EV cells at Japan plant - report. (02:27)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: BIG, PLTR, and moreGoogle vs. DOJ: Second antitrust showdown to begin, this time over advertisingOnlyFans creators made $5.32B in 2023Janet Yellen says recent data points to soft landing for U.S. economySign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
06:0409/09/2024
The iPhone enters the AI era
Apple's iPhone 16 event will be closely watched for AI features. (0:17) The August CPI will likely determine how much the Fed cuts. (3:41) GameStop sees elevated options activity ahead of earnings. (5:48)Show Notes50 stocks to invest during the bull steepening – Part 150 stocks to invest during the bull steepening – Part 2Elon Musk’s AI startup is said to discuss revenue sharing with TeslaEarnings calendarEpisode transcripts: seekingalpha.com/wsb Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
09:2108/09/2024
7-Eleven rejects $39B Circle K offer
7-Eleven owner Seven & i (SVNDY) rejects $39B buyout bid from Couche-Tard (ANCTF). (00:23) Intel (INTC) considers selling more of its stake in Mobileye (MBLY): report. (01:08) Toyota (TM) plans 30% cut to 2026 global EV output - report. (02:15)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: AVGO, PATH, and moreRed Lobster survives bankruptcy with 544 locations still operatingTech mogul Larry Ellison to take control of Paramount after Skydance deal closesSeptember’s rocky start isn’t necessarily a harbinger for the rest of 2024, BMO saysSign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
05:2506/09/2024
Verizon buys Frontier for $20 billion
Verizon will pay $38.50/share in cash, but could face regulatory problems. (0:15) Unit labor costs show wage inflation cooling more. (1:39) Chinese EV makers rally on Neo results. (2:36)Show NotesBofA’s global contenders and defenders listTesla plans full self-driving rollout in China and Europe by Q1 2025ISM Services stays strong in August, topping consensusEpisode transcripts: seekingalpha.com/wsb Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
06:0005/09/2024
Topgolf, Callaway to go solo
Golf spinoff: Topgolf and Callaway (MODG) to trade as separate businesses. (00:22) Beyond Meat (BYND) to roll out new steak alternative to revive demand - report. (01:14) Jeep (STLA) to cut production of Wranglers and Grand Cherokees - report. (02:03)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: FTV, CHPT, AI, and moreTesla plans full self-driving rollout in China and Europe by Q1 2025Qualcomm said to be working with Samsung, Google on mixed reality smart glassesUS Steel plunges on reports Biden preparing to block Nippon Steel deal (update)Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
06:0405/09/2024
Layoffs put a bigger Fed cut back in play
Markets price in 50% chance of half-point rate cut after JOLTS. (0:16) Nvidia is in bear territory but could catch Dow Jones bump. (1:59) Nordstrom family makes offer for namesake chain. (3:55)Show Notes35 green energy stocks for a new era of profitabilityDollar Tree tumbles after weak guidanceGoogle expected to appear next week for antitrust trial related to ad business practicesEpisode transcripts: seekingalpha.com/wsb Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
05:5704/09/2024
Nippon Steel assures US Steel to remain American
US Steel (X) to remain American, prioritize U.S. steel demands - Nippon Steel (NPSCY). (00:23) Snap (SNAP) CEO blames slow advertising business for stock underperformance. (01:44) DEI pullback: Molson Coors drops diversity policies. (02:51)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: NVDA, ZS, and moreAirbnb urges NYC officials to overturn laws restricting short-term rentalsMusk's Starlink says it is complying with Brazil's order to block XJustice Department to drop censorship efforts against social mediaWhich stock could replace Intel in the Dow as INTC shares slump?Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
06:4304/09/2024
Super Micro CEO speaks out
CEO hits out against a short thesis and says 10-K delay won't affect customers. (0:16) Tesla's robotaxi goes to Hollywood. (3:39) Goldman loves gold. (4:29)Show NotesJPMorgan cut to Hold, BofA and Wells Fargo raised to Buy at Deutsche BankNovo Nordisk warns of continued Ozempic shortage in Q4Episode transcripts: seekingalpha.com/wsb Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
05:4003/09/2024
Brazil takes aim at Starlink over X dispute
Brazil takes aim at Elon Musk's Starlink (SPACE) over refusal to block X. (00:29) Volkswagen (VLKAF) says German plant closures are possible. (02:06) General Motors (GM) Ecuador factory to shut shop - report. (02:43)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: U, BA, and moreKamala Harris says US Steel should remain independent (update)Huawei to unveil new phone hours after Apple's marquee event for iPhone in September - reportActivist Elliott crosses threshold to call for Southwest Airlines special meeting - ReutersSign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
05:5803/09/2024
Labor Day week all about jobs
A weak August payrolls report could put a half-point Fed cut back in play. (0:17) Chinese EV makers report deliveries. (3:55) Shutdown of X starts in Brazil. (5:09) Show NotesHeavily shorted stocks are not always in distressEarnings CalendarDividend RoundupEpisode transcripts: seekingalpha.com/wsb Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
08:2401/09/2024
Intel Mulls Foundry Split - Report
Intel (INTC) said to be weighing options including foundry split as red ink mounts. (00:23) SecureWorks (SCWX) gains on report Dell (DELL) exploring sale of cybersecurity firm. (01:56) Verizon (VZ) and Skylo to launch satellite messaging service. (03:03)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: LULU, DELL, ULTA, and moreDogecoin lawsuit: Elon Musk, Tesla win dismissal - reportUlta Beauty stock takes an ugly turn after results and forecast missJ.P. Morgan outlines how 12 asset classes perform depending on why the Fed cuts ratesSign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
06:0930/08/2024
Is Apple the new AI torchbearer?
Citi names Apple its top AI-related pick. (0:16) Second quarter GDP revised up, inflation revised down. (1:30) Dollar General plunges on guidance. (3:25)Show NotesMarkets minted more 401(K) millionaires in Q2, marking new highChinese media issues warning on 'irrational' iron ore spikeEpisode transcripts: seekingalpha.com/wsb Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
07:1629/08/2024
Yelp hits Google with search monopoly lawsuit
Yelp (YELP) sues Google (GOOG) (GOOGL) over alleged search monopoly after landmark antitrust ruling. (00:22) DraftKings (DKNG) adds to in-play betting capabilities with the acquisition of Simplebet. (01:54) GameStop (GME) pivots to retro stores as it looks to cash in on gaming nostalgia. (02:34)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: NVDA, CRM, AFRM, and moreNippon Steel offers additional $1.3B spending on US Steel plantsSenator Rick Scott questions Intel CEO on job cut despite $20B grants - reportMarkets minted more 401(K) millionaires in Q2, marking new highSign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
06:0029/08/2024
Nvidia's strong earnings can't match the hype
Nvidia cruises past earnings forecasts, but the stock is under pressure. (0:18) Super Micro Computer plunges after delaying 10-K filing. (1:58)Episode transcripts: seekingalpha.com/wsb Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
03:5728/08/2024
XPeng unveils mass-market EV
XPeng (XPEV) gains on launch of mass-market car Mona, targeting budget-conscious segment. (00:58) Klarna improves profits as AI takes over jobs. (01:41) GM, Samsung SDI (SSNLF) ink deal for $3.5B EV battery plant in Indiana. (03:01)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: ELF, AMBA, and moreFDA approves Illumina's TruSight Oncology biomarker testWarren Buffett's Berkshire Hathaway may soon join the $1T clubNFL greenlights private equity stakes in teams for the first timeSign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
06:5728/08/2024
Musk backs AI safety bill
Elon Musk bucks the trend of AI players and supports the California bill. (0:16) Super Micro Computer hit with short report. (2:25) DEA sets hearing for cannabis reclassification. (3:26)Show NotesCoca-Cola is called a top pick at Morgan StanleyNvidia could see more than 9% upside on its reporting dayEpisode transcripts: seekingalpha.com/wsb Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
04:4927/08/2024
Bronfman Bows Out
Edgar Bronfman drops out of bidding for Paramount Global (PARA). (00:24) Lowe's (LOW) joins growing list of companies scaling back DEI policies. (01:19) Campbell (CPB) sells its popcorn business to snack company Our Home. (02:46)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: PARA, TCOM, and moreMeta's Mark Zuckerberg regrets bowing to White House pressure to censor COVID contentArk Invest says Tesla is the robotaxi leader despite the early start by Waymo and BaiduAlbertsons may have to sell itself, close stores, cut jobs if it can't merge with KrogerSign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
05:1027/08/2024
Southwest showdown
Activist Elliott calls for Sept. 9 meeting with Southwest Airlines. (0:16) SolarEdge CEO steps down. (2:34) Stop & Shop to stop selling tobacco. (3:15)Show NotesStocks most loved and shunned by hedge and mutual fundsTelegram backs CEO Pavel Durov as his arrest prompts online backlashEpisode transcripts: seekingalpha.com/wsb Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
05:5626/08/2024
Kroger, Albertsons $25B deal in court
Kroger (KR) set to battle in court with FTC over $25B Albertsons (ACI) deal on Monday. (00:25) Elon Musk’s SpaceX to bring astronauts sent on Boeing (BA) Starliner. (01:43) Earnings preview: Nordstrom (JWN). (02:45)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: SIRI, XPEV, and moreOil prices on watch as Israel, Hezbollah strikes fuel fears of wider Mideast conflictThis sector is seen as being the most impacted by the 2024 U.S. electionTelegram backs CEO Pavel Durov as his arrest prompts online backlashCanada labor board orders rail employees back to work, imposes binding arbitrationSign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
06:1326/08/2024
Nvidia earnings will dictate the week
AI chip demand has looked strong, but NVDA faces lofty expectations. (0:18) Fed's favorite inflation gauge seen coming in cool after rate cuts signaled. (2:36) Telegram founder arrested. (4:23)Show NotesNvidia earnings previews‘Bottom-fishing’ ideas within Piper Sandler’s universe of stocksEarnings calendarEpisode transcripts: seekingalpha.com/wsb Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
07:1325/08/2024
Fed's Powell signals the start of rate cuts
Jerome Powell says 'the time has come for policy to adjust' and he does not seek further labor market cooling. (0:17) Markets are pricing in 100 basis points of rate cuts this year. (1:23)Show NotesA brief history of Jerome Powell's past Jackson Hole speechesEpisode transcripts: seekingalpha.com/wsb Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
02:5723/08/2024
All eyes on Powell in Jackson Hole
Fed chief expected to set the stage for cutting rates. (0:15) Southwest could charge for bags to fend off activist. (2:10) Uber teams with GM for autonomous rides. (2:55)Show NotesSkydance urges Paramount to end negotiations with Edgar BronfmanCanada government orders railroads into arbitration over labor contractAltria raises dividend by 4.1%Episode transcripts: seekingalpha.com/wsb Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
05:2823/08/2024
Want a foldable MacBook? Could be a long wait
Analyst says production pushed to end of '27 or '28. (0:16) Jobless claims add more weight to a 25 bps September rate cut. (0:55) Asia sees first case of new strain of mpox. (2:08)Show NotesMorgan Stanley’s 20 Top Stock PicksLionsgate apologizes for fake film critic quotes in the Megalopolis trailerSnowflake falls after 'good, but perhaps not enough' Q2 resultsEpisode transcripts: seekingalpha.com/wsb Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
05:4222/08/2024
Canada rail shutdown, U.S. trade at risk
Canada rail (CP) (CNI) shutdown begins, threatening supply chains and U.S. trade. (00:22) Bronfman boosts bid in Paramount (PARA) offer to $6B: WSJ. (02:30) Disney (DIS) picks Morgan Stanley's Gorman to head Iger succession committee. (03:12)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: SNOW, ZM and moreSeveral FOMC members saw a case for cutting at July meeting: Fed minutesGoldman Sachs sees 818K downward revision in payroll gains as ‘exaggerated’Halliburton hit by cyberattack, impact not yet determined - ReutersSign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
06:0722/08/2024
'Black Myth: Wukong' makes video game history
First-person game sees 2.2M concurrent players. (0:16) Yearly payrolls ended March revised down by 818,000. (1:28) Target rallies with positive quarterly comps. (2:45)Show NotesOppenheimer’s top 32 ideas for August-SeptemberWarner Bros. eyes spending $8.5B on Las Vegas film studio if tax credit bill passesEpisode transcripts: seekingalpha.com/wsb Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
06:5121/08/2024
Walmart exits JD.com
Walmart (WMT) exits JD.com (JD) to focus on its own China business. (00:22) Waymo (GOOG) expands rapidly to 100,000 robotaxi rides a week. (01:23) Microchip Technology (MCHP) suffers cyberattack, shuts down some systems, stock slips. (02:34)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: JD, KEYS, and moreOppenheimer’s top 32 ideas for August-SeptemberPot meet kettle: SHEIN sues Temu for selling counterfeit products, copyright infringementFed's Bowman says she remains wary of future rate cutsSign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
06:2721/08/2024
Mpox not next COVID, WHO official says
WHO's Europe regional director says authorities are aware how to control spread of mpox. (0:15) Lowe's issues lowered guidance. (1:18) Twitter buyout the worst finance deal for banks since crisis. (3:02)Show NotesS&P 500 buy and sell ideas for each of the sectorsEdgar Bronfman has reportedly raised $5.5B to bid for ParamountEpisode transcripts: seekingalpha.com/wsb Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
05:3120/08/2024
Boeing grounds test fleet
Boeing (BA) grounds 777X test fleet after finding cracks in engine mounting structure. (00:24) Tax firm Andersen Global evaluating IPO - WSJ. (01:28) Workhorse (WKHS) raises doubts about ability to continue as going concern. (02:23)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: PANW, FN, and moreEvercore sees Powell signaling openness to 50bp rate cut in Jackson Hole speechTrump would consider ending EV tax credit, naming Elon Musk as adviser - reportKamala Harris to propose raising corporate tax rate to 28% - reportGold price ekes out new record high; some analysts predict short-term pullbackSign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
05:5220/08/2024
GM cutting salaried tech workers
Layoffs come after GM promoted two former Apple execs to run software & services. (0:16) Carl Icahn settles with SEC over margin loans. (3:02) Goldman says market is full of RINO stocks. (3:50)Show NotesAMD to acquire ZT Systems in $4.9B deal to boost data center AI systems capabilitiesEstée Lauder CEO Fabrizio Freda announces intention to retireEpisode transcripts: seekingalpha.com/wsb Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
05:2719/08/2024
BYD becomes Pakistan's first major NEV player
China's BYD (BYDDF) to set up a plant in Karachi, Pakistan - report. (00:24) UAW chief claims Stellantis (STLA) is price gouging to inflate profits. (01:18) ‘Alien: Romulus’ (DIS) leads box-office sales with domestic premiere. (02:26)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: FUBO, EBS, and moreEvercore ISI screens banks likely to fare better when the Fed cuts ratesChina stops releasing real-time foreign fund flow dataWall Street Breakfast: Better For SellersSign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
05:3819/08/2024
Market hoping for solid Fed signals at Jackson Hole
Jay Powell will speak Friday with markets looking for September cut. (0:18) High expectations for Target earnings. (4:51) X shuts down in Brazil. (5:54)Show NotesGoldman Sachs lowers U.S. recession risk on strong economic dataEarnings CalendarEpisode transcripts: seekingalpha.com/wsb Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
08:1118/08/2024
Stellantis hit with shareholder suit over earnings drop
Stellantis (STLA) shareholders sue company in U.S. after disappointing earnings - report. (00:23) Toyota (TM) considering an all hybrid line-up - report. (01:35) Kroger (KR) pledges $1B in cuts to grocery items if it can complete Albertsons (ACI) deal - report. (02:48)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: HRB, AMAT, and morePiper Sandler spotlights key technical levels for GOOGL, NFLX, CRWD, OKTA, and othersPepsiCo could be sued for misleading consumers on Gatorade protein bars - reportPershing Square doesn't expect Chipotle to miss a step with CEO's departureSign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
05:4616/08/2024
Retail to the rescue
Retail sales allay recession worries with 1% July gain. (0:14) Walmart rallies on earnings. (2:03) Final prices for first 10 Medicare Part D drugs out. (4:49)Show NotesThe 'battleground' stocks shorted by hedge funds, owned by many long-onlysAlibaba posts mixed quarterly resultsEpisode transcripts: seekingalpha.com/wsb Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
07:0715/08/2024
Softbank, Intel AI chip talks fizzle
SoftBank (SFTBY), Intel (INTC) talks to produce AI chip to rival Nvidia (NVDA) reportedly failed. (00:26) Meta (META) shuts down misinformation tool—CrowdTangle despite pleas. (01:28) Serve Robotics (SERV) and Shake Shack (SHAK) roll out autonomous robot delivery via Uber Eats (UBER). (02:19)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: CSCO, NKE, and moreCrypto bill can be passed this year, Schumer says, as Democrats woo industryGoogle says: Iranian group trying to access Biden-Trump campaign emailsWarren Buffett's Berkshire Hathaway's Q2 adds Ulta, sheds Snowflake, othersThe 'battleground' stocks shorted by hedge funds but owned by many long-only portfoliosSign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
05:3515/08/2024
CPI sparks shelter inflation concern
Retail inflation keeps declining, but rents prove stubborn. (0:16) Nike could be the next activist target.. (3:33) Premier League turns to AI for offsides. (3:58)Show NotesVictoria’s Secret stock soars on prelim earnings beat, new CEONvidia, Coherent, Marvell, Apple supply chain updatesEpisode transcripts: seekingalpha.com/wsb Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
06:3014/08/2024
Mars reportedly nabs Kellanova for $30B
Candy maker-Mars strikes deal to buy Kellanova (K) for $30B - report. (00:24) Activist Elliott seeks 10 board seats at Southwest Airlines (LUV). (01:15) GRAIL (GRAL) to focus on multi-cancer early detection; cuts workforce by 30%. (02:36)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: NU, K, and moreJuly CPI in focus but keep watch on retail sales as growth risks stalk markets: GoldmanAutomakers lowered U.S. vehicle prices again in July and raised incentivesJustice Dept. considers push to break up Google: BloombergSign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
05:4514/08/2024
Starbucks poaches Chipotle CEO
Starbucks shares jumped as it named Brian Niccol as its new CEO. (0:16) Wholesale inflation comes in soft. (1:49) Traders get jitters about Hawaiian Holdings deal. (4:12)Show NotesBofA’s Fund Manager Survey: Recession fears riseHome Depot points to weak consumer spending trendsEpisode transcripts: seekingalpha.com/wsb Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
06:5513/08/2024
CXApp surges on Google Cloud deal
CXApp (CXAI) soars on multi-million dollar deal with Google Cloud (GOOG). (00:25) KFC (YUM) expanding its $5 Value Meal to take on McDonald's (MCD) in price wars. (01:10) J&J (JNJ) makes headway in settling talc baby powder litigation: reports. (01:58)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: RUM, DELL, and moreSemiconductors could start recovering in October, BofA saysNASA watchdog hits Boeing on quality control problems with Space Launch SystemOxy Petroleum says CrownRock Holdings launches sale of 29.6M sharesSign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
05:5213/08/2024
Are Magnificent 7 stocks now a hedge?
After historic volatility shock, high fliers may offer cheap protection. (0:15) Robinhood catches an upgrade. (3:01) B. Riley plunges 50%. (3:52)Show Notes74 S&P 500 stocks that can beat the cash yieldStock market to stay choppy near term after historic volatility shockEpisode transcripts: seekingalpha.com/wsb Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
05:5212/08/2024
EV fires may spark new rules in South Korea
EV fires might spark new industry rules in South Korea. (00:27) LL Flooring (LL) commences voluntary Chapter 11 reorganization proceedings. (01:16) 'Deadpool & Wolverine' (DIS) surpasses $1B worldwide. (01:53) NBCUniversal (CMCSA) publishes impressive numbers as Olympics come to a close. (02:27)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: ESPR and HUMATesla pivots to pricier Cybertrucks; halts orders for cheapest versionEarnings Week Ahead: Walmart, Home Depot, Alibaba, Cisco and moreEinhorn's Greenlight says it won't matter who wins the US election for marketsGoldman screens for post-selloff stocks with healthy fundamentals at a discountSign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
05:5612/08/2024
Spotlight swings back to inflation with CPI
A soft CPI could mean a half-point Fed cut, but also hit stocks. (0:14) Walmart leads retail earnings. (2:33) Disney announces new films, attractions. (6:50) Show Notes42 high-quality, low beta stocks to better ‘sleep at night'Chinese robotaxi operator WeRide seeks up to $5B U.S. IPOFed Governor Bowman cautions against 'overreacting'Episode transcripts: seekingalpha.com/wsb Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
10:4111/08/2024
Paramount gains with U.S. workforce cut
Paramount (PARA) adds to gains with plans to cut 15% of U.S. workforce. (00:23) Taiwan Semiconductor's (TSM) July sales surge nearly 45% amid AI chip demand. (01:21) Amazon (AMZN) to let TikTok (BDNCE) users shop select products without leaving the video app - report. (02:09)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: PARA, TTD, and moreDonald Trump thinks the president should have a say on monetary policy - reportRichmond Fed's Barkin says hiring is slowing, but layoffs still remain lowDelta warns of $380M revenue hit from CrowdStrike outageSign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
05:1409/08/2024
Intel sued: Shareholders claim cover-up
Intel (INTC) shareholders sue: chipmaker was hiding problems. (00:24) Boeing (BA) boosts output of key Patriot missile components. (01:34) Costco (COST) to scan membership cards at store entrances to deter non-members. (02:30)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: WBD, MNST, and moreMonster Beverage falls after cautious guidance, reversal in alcohol salesAirbnb losses accelerate as market continues to digest soft outlook for travelCiti spotlights 33 stocks in what it calls its ‘post pullback shopping list’Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
05:0508/08/2024