Sign in
Business
News
Seeking Alpha
Seeking Alpha's flagship Wall Street Breakfast provides investors an overview of key investment news every morning and afternoon.Transcripts: seekingalpha.com/wsb
Bond bulls and dollar bears in hibernation
10-year Treasury yield nearing a full point rise for 2024. (0:16) UnitedHealth rallies on solid results. (2:19) Fund managers are so bullish it might be time to sell. (4:13)Show NotesAMD unveils new chips to power AI PCs in race against Intel and NvidiaEpisode transcripts seekingalpha.com/wsbSign 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.
05:5016/04/2024
Live Nation reportedly faces antitrust lawsuit, shares drop
Live Nation (LYV) drops on reports Justice Dept. may file antitrust lawsuit next month. (00:32) U.S. government expected to award all CHIPS Act grants this year. (01:28) Microsoft (MSFT) invests $1.5B in UAE-based AI firm G42. (02:17)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: ERIC, LYV, and morePeloton pulls unlimited free app membership tier as it fails to draw paid usersRemain cautious on defense stocks amid Iran escalation: Wells FargoBroadcom questioned by EU regulators over VMware licensing: reportSign 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.
06:0416/04/2024
Goldman Sachs posts strong numbers
Goldman's global banking and markets business rebounds in latest quarter. (0:15) Retail sales in March trounce expectations. (2:03) Tesla confirms it will lay off 10%. (4:01)Show NotesSmall and midcap pair trades for every sector - OppenheimerEpisode transcripts seekingalpha.com/wsbSign 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.
06:0615/04/2024
Samsung overtakes Apple as top smartphone maker
Apple (AAPL) loses top smartphone maker crown to Samsung (SSNLF). (00:27) Tesla (TSLA) employees brace for potential layoffs - report. (01:01) J&J (JNJ) cough syrup recall classified as most serious in South Africa. (01:51) Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: AA, MPW, and moreEarnings week ahead: BAC, JNJ, TSM, UNH, ABT, SLB, UAL, PG, NFLX and moreGold upgraded at Goldman Sachs amid geopolitical risksU.S. hikes royalty fees for drilling on federal lands for first time in a centurySign 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.
06:2415/04/2024
Oil market in focus after Iran attack on Israel
Further conflict could boost oil prices and keep U.S. inflation high. (0:16) Netflix highlights earnings this week. (2:57) Piper Sandler picks Triple Select Stocks. (3:30)Show NotesThe Federal Reserve Needs To Raise Interest Rates By A Quarter PointEpisode transcripts seekingalpha.com/wsbSign 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.
04:3714/04/2024
Strong economic data not necessarily bad for equity market
Yimin Xu of Cestrian Capital Research on past easing cycles, strong economic data and Fed rate cuts (0:40). Sticky inflation and bond market equilibrium (2:30). Attractive 10-year yields (5:00). This is an abridged conversation from Seeking Alpha's Investing Experts podcast.Episode transcripts: seekingalpha.com/wsbShow links:Nasdaq, S&P shed about 1% each, Dow drops more than 400 points after hot CPIRiddled With RatesHot inflation may not be a bump, balance sheet runoff pace discussed: FOMC minutesSign 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.
08:1713/04/2024
U.S. grapples with record high drug shortages
Drug shortages in U.S. at highest level on record since 2001. (00:25) Amazon exec: Robots, new technologies stealing jobs is a myth. (01:34) Thyssenkrupp to cut steel production capacity, jobs. (02:27)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: NRIX and APLDEarnings CalendarBig banks set to report Q1 earnings; seen adjusting guidance for fewer rate cutsExxon CEO's 2024 total pay bumped up 3% to $36.9M; Chevron CEO pay rose 12%FDA chief sees no reason for delay in cannabis reschedulingSign 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.
05:3712/04/2024
Wall Street tunes into the Masters
Pure golf stocks, apparel makers and gaming names could see a Masters bump. (0:16) Wholesale inflation runs a little cooler in March. (1:20) Amazon CEO says AI will be built on the cloud. (3:45)Show NotesGlobal Stock leaders for 2030 in Fin Tech - UBSRobinhood stock dips after Citi downgrades to Sell on fundamentals disconnectEpisode transcripts seekingalpha.com/wsbSign 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.
05:2811/04/2024
U.S. regulation targets ‘forever chemicals’ in water
New PFAS limits in drinking water renew compliance cost fears. (00:33) DoJ opens probe into Nippon Steel's deal for US Steel (X). (02:34) TikTok (BDNCE) divestiture timeline might undergo extension in U.S. Senate: report. (03:23)Episode transcripts seekingalpha.com/wsb.Show links: Cathie Wood says she invests for a ‘5-year horizon' ... but ARKK has lost ground over that timeAmazon owes $525M in damages for patent infringement - juryNew additions to Goldman’s High Operating Leverage listSign 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.
06:4111/04/2024
Sticky inflation will give the Fed pause
March CPI comes in hot and odds of rate cuts this year tumble. (0:16) Stocks slide, yields soar as 10-year hits 4.55%. (1:55) Nvidia enters correction territory but this analyst says don't worry. (3:51)Show NotesCabot Wealth’s Top Ten list of stocksDelta leads the airline sector higher after record Q1 earningsEpisode transcripts seekingalpha.com/wsbSign 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.
06:0210/04/2024
Intel unveils new AI chip, setting up race with Nvidia
Intel (INTC) unveils Gaudi 3 AI accelerator, setting up race with Nvidia. (00:24) Costco (COST) may be sitting on gold with its new business. (01:26) Philips (PHG) reaches agreement with DOJ, FDA on consent decree over sleep apnea devices. (02:45)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: SGH and PSMTJPMorgan’s top European picksFitch cuts China's credit outlook to negative on public finance risksQ3 crude oil price outlook raised at Morgan Stanley on rising geopolitical riskSign 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.
07:0510/04/2024
Small business optimism at 11-year low
Sales pessimism pushed NFIB index to lowest since December 2012. (0:16) Are high rates actually fueling inflation. (1:47) Top silver mining stocks. (5:19)Show NotesTilray guidance cut sends cannabis stocks lowerGoogle unveils in-house Axion chips to cut AI costs, reliance on Nvidia, othersEpisode transcripts seekingalpha.com/wsbSign 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.
06:2409/04/2024
Samsung reportedly secures $6B grant for U.S. chip expansion
Samsung (SSNLF) to get $6B chip subsidy next week to boost U.S. production - report. (00:26) Dollar stores weighed down by 99 Cents Only bankruptcy. (01:57) Norwegian Cruise Lines (NCLH) places its largest order for 8 new ships. (03:03)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: MAXN, NTES, and morePFAS ban in EU and U.S. could have negative implications for Amer Sports - analystDidi Global looks to mass produce robotaxi vehicles in 2025HSBC to sell Argentina business for $550M, expects $1B pre-tax lossSign 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.
06:2809/04/2024
J.P. Morgan's Dimon says rates could spike to 8%
Jamie Dimon casts doubt on a soft landing, says AI akin to the steam engine (0:16) Stocks face trouble if the 10-year hits 4.8%. (2:21) How fast could a Tesla Robotaxi hit the road? (4:42)Show NotesCiti's top recommended large-cap stocksEpisode transcripts seekingalpha.com/wsbSign 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.
06:2608/04/2024
Kimberly-Clark to sell PPE business to Ansell
Kimberly-Clark (KMB) to sell personal protective equipment business to Ansell in $640M deal. (00:24) Tesla (TSLA) plans to unveil its Robotaxi service on August 8. (01:10) People's Bank of China sets up $69B re-lending program for tech companies. (02:13)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: Crypto stocks, FSLY, and moreShein and Temu: Disruptors of Fast-Fashion and E-CommerceSouthwest Airlines 737 returns to airport after engine cover falls offHousing affordability would’ve waned even without Fed tightening, study showsSign 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.
05:4408/04/2024
Retail inflation and big bank earnings arrive
The Consumer Price Index for March is due with Fed June odds 50/50. (0:19) J.P. Morgan, Citi and Wells Fargo kick off earnings season. (1:29) Paramount Global nearing deal with Skydance? (3:05)Show NotesEarnings CalendarBuy-rated and sell-rated stocks within TechnologyEpisode transcripts seekingalpha.com/wsbSign 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.
05:3007/04/2024
Disney to crack down on password sharing soon
Bob Iger: Disney (DIS) to start password sharing crackdown in June. (00:31) HubSpot (HUBS) gains amid report Alphabet (GOOG) (GOOGL) considering takeover offer. (01:31) Fed’s Kashkari: Bitcoin (BTC-USD) has had no legitimate use case in more than a decade. (02:13)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock mover today: Grindrod Shipping HoldingsAlphabet, Meta, Amazon in focus as Wedbush sees 'significantly' increased ad spendCVS Health to cover Perrigo OTC birth control pillBrent crude tops $90 for first time since October as Middle East tensions spikeSign 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.
05:4205/04/2024
Perma-Fix advances in PFAS chemical elimination
Perma-Fix (PESI) flies higher after plant testing for destruction of 'forever chemicals.' (00:25) Cosmetics stocks slump after Ulta Beauty (ULTA) warns on beauty sales slowdown. (01:29) Alphabet (GOOG) reportedly considers putting AI search behind paywall; stock perks up. (02:24)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: BB, LUNR, and moreNvidia sees no disruptions to chip supply from Taiwan earthquakeApple said to look at personal robots for 'next big thing:' reportGold jumps to another record high after Powell's remarks; silver best since June 2021Stock winners of Republican policy if Trump wins - GSSign 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.
06:0904/04/2024
Disney leadership survives proxy siege
CEO Bob Iger wins shareholder board vote over Trian's Nelson Peltz. (0:16) Fed's Powell keeps door open to rate cuts. (1:07) Taiwan earthquake disrupts chip manufacturing. (3:25)Show NotesBuy vs. Sell ideas paired within each sector - OppenheimerParamount gains amid report of advancing talks with SkydanceEpisode transcripts seekingalpha.com/wsbSign 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.
06:4103/04/2024
Hanesbrands hit by Champion sale
Hanesbrands (HBI) reportedly sells Champion to Authentic Brands. (00:22) Costco (COST) launches a weight loss program for members. (01:13) Amazon (AMZN) shelves Just Walk Out tech at some grocery stores. (01:54)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: CALM, INTC, and moreBuy vs. Sell ideas paired within each sector - OppenheimerApple's latest research suggests tech giant will be an 'AI winner'Biden open to ending LNG export pause in push for Ukraine aid - 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.
06:1603/04/2024
Tesla deliveries a 'disaster'
Tesla Q1 deliveries miss already-lowered expectations. (0:16) After a century, the General Electric stock market era is over. (3:49) See the most crowded stocks in each sector. (4:39) Show NotesJob openings roughly flat in February, with prior month's print revised down - JOLTSSLB to buy ChampionX in all-stock deal valued at ~$7.8BEpisode transcripts seekingalpha.com/wsbSign 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.
05:4402/04/2024
Mexico’s Pemex shifts crude exports as global supplies tighten
Mexico said to cut some oil exports as global supplies tighten. (00:23) EV startup Canoo (GOEV) raises going concern doubts as it runs low on cash. (01:19) Florida Supreme Court allows adult-use cannabis bill to go to November ballot. (02:10)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: GE, GOEV, and moreFidelity to impose new $100 servicing fee on some ETFsDisney winning proxy battle with Trian with more than half of votes cast - WSJFedEx lost a key USPS contract to UPS. Should investors be worried?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.
05:1502/04/2024
iPhone sales continue to look weak
UBS sees monthly declines in China, U.S. and India. (0:15) ISM manufacturing index ends 16 months of contraction. (1:21) United asks pilots to take unpaid leave. (3:24)Show NotesWells Fargo's high-conviction tactical longs and shorts for Q2Citi stays bullish on chips as February sales top averageEpisode transcripts seekingalpha.com/wsbSign 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.
05:1001/04/2024
Nippon Steel stands firm on U.S. Steel acquisition
Nippon Steel's (NPSCY) new president committed to U.S. Steel (X) deal, highlights growth potential. (00:25) Microsoft-backed (MSFT) startup Rubrik said to prepare IPO filing. (01:44) Rakuten Group (RKUNY) plans to integrate its fintech business. (02:19)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: LI, MMM, and moreMicrosoft and OpenAI said to be eyeing $100B data center projectSpirit Airlines could get up to $200M in compensation for Pratt & Whitney engine problemsMicroStrategy among most squeezable as crypto short interest climbsSign 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.
05:3901/04/2024
House of Mouse showdown
Iger and Peltz face off in Disney annual shareholder meeting. (0:20) March payrolls seen up by 200,000. (1:13) Microsoft and OpenAI to build Stargate supercomputer. (4:04)Show NotesAT&T says data set impacting about 73M current, former account holders leaked on dark webEarnings CalendarEpisode transcripts seekingalpha.com/wsbSign 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.
05:2131/03/2024
State Dept. offers $10M reward for BlackCat intel
US State Dept. announces $10M reward for BlackCat ransomware group. (00:28) Disney (DIS) settles DeSantis fight in Florida. (01:35) Ford (F) eliminating more jobs at Dearborn F-150 Lightning plant - report. (02:55)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: RH, AKBA, and moreUBS: A U.S. economic slowdown is ahead - Here are some indicatorsJ&J-Shockwave deal makes strategic sense: analystsSen. Sanders goes after Novo Nordisk on a study on Ozempic low manufacture costSign 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.
06:4028/03/2024
Trump Media has meme vibes in options
The most popular options bet on DJT predicts a 96% plunge in a month. (0:16) Charts spy Amazon run to $200. (3:07) Robinhood offers gold cards (some made of actual gold). (3:57) Show NotesCoinbase stock dips as judge rules SEC case can move forwardUtilities have beaten semis most Aprils since 2011Episode transcripts seekingalpha.com/wsbSign 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.
05:3127/03/2024
Bridge collapse disrupts coal operations
Consol Energy (CEIX) slips 7% as Maryland marine terminal likely faces long downtime. (00:27) GameStop (GME) slides after reporting weak sales tally for holiday quarter. (02:11) Apple (AAPL) confirms developer conference date. (03:44)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: MRK, GME, DJT, and moreMS: Market under-appreciates mismatch between AI-powered demand and supply growthAdobe unveils experimental AI journeys at Las Vegas summitBlackRock's Larry Fink talks 'energy pragmatism' and a retirement 'revolution' in annual letterSign 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.
07:2927/03/2024
Florida bans social media for under-14s
Gov. DeSantis signs bill banning those under 14 from joining platforms. (0:16) Maersk chartered vessel that brought down Baltimore bridge. (1:10) McDonald's looks to sell Krispy Kremes nationwide. (3:04)Show NotesTrump Media soars with Nasdaq debutViking Therapeutics gains on early data for oral weight loss therapyDurable goods orders rebound in February after two months of declines Episode transcripts seekingalpha.com/wsbSign 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.
06:1226/03/2024
Lucid Group secures $1B investment
Lucid Group (LCID) rallies after a new Saudi fund investment bolsters confidence. (00:24) World’s largest oilfield services company has no plans to leave Russia - FT. (01:31) WeWork (WEWKQ) founder and former CEO Adam Neumann makes bid for company. (02:39)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: STOK, MSTR, WPRT, and moreGoldman stays bullish on commodities in anticipation of rate cutsRon DeSantis signs bill banning social media for kids under 14 in FloridaSPAC Digital World surges as Trump Media deal closes, set to trade TuesdaySign 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.
06:2226/03/2024
Boeing CEO to leave year-end
Dave Calhoun announces sets a date to leave amid safety struggles. (0:15) Mizuho turns sour on EV stocks. (2:36) Like the Magnificent 7? Try the GRANOLAS. (4:53)Show NotesWall Street Breakfast Survey: ETFs or Mutual Funds?Super Micro Computer initiated with Overweight rating at JP MorganEpisode transcripts seekingalpha.com/wsbSign 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.
06:0925/03/2024
China blocks Intel, AMD chips in government computers
China said to block use of Intel (INTC), AMD chips in government computers. (00:26) Boeing (BA) union wants board seat to 'save company from itself' - report. (01:14) Germany cannabis legalization on schedule as bill clears final hurdle. (02:34)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: DWAC, ACB, and moreEarnings week ahead: Walgreens Boots Alliance, Carnival, GameStop and moreLook beyond the Magnificent 7 to the GRANOLAS - GoldmanBlackstone said to weigh $1.89B sale of WeWork rival The Office GroupSign 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.
06:4725/03/2024
Fed speakers off the hook
FOMC members may look to temper market enthusiasm. (0:20) GameStop, Walgreens set to report earnings. (2:26) Goldman sees path to S&P 6,000. (4:38)Show NotesFAA said to mull limits on new routes for United after safety incidentsEpisode transcripts seekingalpha.com/wsbSign 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.
06:1124/03/2024
FedEx rallies on Express business improvement
FedEx (FDX) rallies after Express unit delivers strong quarter. (00:27) Winnebago (WGO) sees better times ahead for RV industry. (01:41) Trump stands to gain $3B if DWAC shareholders clear deal to take Truth Social public. (03:01)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: FDX, NKE, and more32 “Breakthroughs” stocks by BofA - Part 132 “Breakthroughs” stocks by BofA - Part 2Reddit rockets as investors receive latest AI IPOSign 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.
07:1122/03/2024
Baconator aviator: burger delivery by drone
DoorDash and Wing to test delivery of Wendy's by drone in Virginia. (0:16) Air Force conducts last test on hypersonic missile. (3:45) AI startup Cohere looks for a $5 billion valuation. (4:22)Show NotesThe top stocks with selling pressure across the Russell universeThe top stocks with buying support across the Russell universeMedicare coverage for obesity drugs could strain federal budget: CBOEpisode transcripts seekingalpha.com/wsbSign 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.
06:4621/03/2024
The United States v Apple part 3
DOJ set to sue Apple for antitrust violations related to iPhone. (0:14) Reddit to debut after pricing IPO at top of range. (0:48) Apollo offers $11 billion for Paramount's film and TV business. (1:52)Show NotesMicron soars as Q2 results, guidance blow past expectationsAstera Labs soars as investors receive latest chip IPOEpisode transcripts seekingalpha.com/wsbSign 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.
05:3021/03/2024
Stocks set new record as Fed still sees 3 rate cuts
The FOMC kept its dot-plot steady despite higher growth and inflation forecasts. (0:15) The S&P 500 closes above 5,200 as yields fell. (0:27) Money manager risk appetite at 2-year high. (4:55)Show NotesJPMorgan Chase increases dividend by ~10% to $1.15Topgolf Callaway spikes after unconfirmed report of potential saleEpisode transcripts seekingalpha.com/wsbSign 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.
06:1620/03/2024
Chipotle fires up investors with 50-for-1 stock split
Chipotle Mexican Grill (CMG) announces 50-for-1 stock split. (00:26) Saudi Arabia plans to pour $40B into AI technology: report. (01:19) Nordstrom (JWN) jumps on report of new takeover offer from founding family. (02:14)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: INTC, CMG, PDD and moreJetBlue cuts flights to focus on 'bread and butter' routes - reportU.S. beverage sales cooled off but energy drinks, tequila and prepared cocktails are still hotReddit to 'evaluate' Nokia claim of patent infringement ahead of IPOSign 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.
05:3420/03/2024
The Force is with Disney CEO Iger
Major Disney shareholder George Lucas backs Bob Iger in proxy battle. (0:16) Nvidia sees sell-the-news reaction to GTC. (2:30) EV maker Fisher halts production as it fights to survive. (3:11)Show NotesHow the Magnificent 7 valuations stack up against bubbles of yoreHousing starts and building permits bounce back more than expected in FebruaryEpisode transcripts seekingalpha.com/wsbSign 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.
06:0619/03/2024
Unilever to spinoff ice cream business, cut 7,500 jobs
Unilever (UL) to separate ice-cream business, slash 7,500 jobs globally. (00:30) Exxon (XOM) CEO says giant Texas hydrogen project at risk without IRA tax credits. (01:38) Third time's the charm? Volkswagen (VWAGY) Tennessee auto workers vote to unionize. (02:57)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: FUSN, NCMI, crypto stocks and moreNvidia GTC 2024: Tech giant shows off new GB200 GPU, accelerated computing, moreAstraZeneca will buy Fusion Pharmaceuticals for ~$2BDril-Quip, Innovex to merge in all-stock dealSign 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.
06:3519/03/2024
Bigger than the Super Bowl - sportsbooks gear up for March Madness
Spike in bets on the women's games raises tournament handle expectations. (0:16) Apple talking to Google about using Gemini AI in iPhone. (3:45) Target limits self-checkout items to curb theft. (4:26)Show NotesCiti screens for 25 stocks with growth capex opportunityIntel-backed Astera Labs boosts size of planned IPOEpisode transcripts seekingalpha.com/wsbSign 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.
06:1018/03/2024
Uber settles Australia taxi driver lawsuit, pays $178M
Uber (UBER) to pay $178M to settle lawsuit by Australia taxi drivers. (00:27) SpaceX (SPACE) said to be building spy satellite network for U.S. space-based intelligence agency. (01:24) LinkedIn (MSFT) to launch gaming within its platform. (02:15)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: GOOG, FOUR and moreEarnings week ahead: FedEx, Nike, XPeng, Tencent, General Mills and moreHow the Magnificent 7 valuations stack up against bubbles of yoreCiti screens for 25 stocks with growth capex opportunitySign 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.
06:4218/03/2024
Fed and Nvidia vie for market dominance
Nvidia's GTC is now the AI Woodstock. (0:52) The Fed's new dot-plot will be the big focus. (1:37) Reddit set to start trading. (2:24)Show NotesFinancials ranked first again in BofA’s small-cap quantitative sector rankings, Utilities last.Meta under federal probe over role in illegal drug sales: WSJEpisode transcripts seekingalpha.com/wsbSign 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.
06:4017/03/2024
Adobe drops on light guidance despite quarterly beat
Adobe (ADBE) tumbles as Q2 forecast falls short of expectations; unveils $25B buyback. (00:27) WW International (WW) expects to beat previously given Q1 subscriber guidance. (01:29) Apple (AAPL) acquires Canadian startup DarwinAI as AI arms race accelerates: report. (02:25)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: ADBE, GERN, and moreNew York says first U.S. utility-scale offshore wind farm starts operationsSamsung expected to be awarded over $6B for expanded US investmentNippon Steel defends deal for US Steel after Biden criticismSign 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.
05:5815/03/2024
Former Treasury Secretary aims to buy TikTok
Steve Mnuchin says he's putting together a group to buy TikTok from China's ByteDance. (0:16) Another hot inflation report has rates climbing. (1:20) Marlboro Man easing up on the Budweiser. (4:47)Show NotesRetail sales rebound less than expected in FebruaryBio-Techne and Qiagen had the biggest increase in short interest levels last month - BairdEpisode transcripts seekingalpha.com/wsbSign 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.
06:4014/03/2024
Lithium Americas could receive $2B government loan
Lithium Americas (LAC) gains after report of expected $2B government loan. (00:25) Paramount (PARA) sells its Indian television business stake to Reliance for $517M. (01:19) GE HealthCare (GEHC) marks worst drop in 2024 as General Electric (GE) cuts stake. (02:05)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: FSR, HOOD, and morePalantir CEO blasts short sellersAutomotive stocks upgraded at Morgan Stanley; Ford is top pickElon Musk’s TSLA is now the worst performing S&P 500 stock YTDSign 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.
05:5214/03/2024
Spotify debuts music video streaming
Spotify is beta testing in 11 countries as it looks to challenge YouTube. (0:17) New York Times accused of hacking OpenAI. (0:56) Dividend payments hit a record $1.66 trillion. (3:33)Show NotesWells Fargo cuts Tesla to Sell with valuation pricey vs. rest of Mag 7High conviction stocks with U.S. productivity opportunities due to AIEpisode transcripts seekingalpha.com/wsbSign 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.
05:3913/03/2024
Tesla, Ford among automakers to get low ratings for partial automation systems
Tesla (TSLA), Ford (F), GM among automakers to get low ratings for their partial automation systems. (00:25) Pentagon said to end plan for $2.5B Intel (INTC) grant: report. (01:44) Boeing (BA) fallout: Airlines brace for delayed plane deliveries. (02:55)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: SKIN, CLOV, and moreU.S. federal budget deficit balloons to $296B in FebruaryBYD unveils lower-priced version of electric hatchback e2CME Group said to file application to start clearing U.S. TreasuriesSign 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.
06:4813/03/2024
February CPI comes in hot
The road to 2% inflation continues to to be rocky. (0:15) JPMorgan's Jamie Dimon says a recession is still possible. (2:32) The Magnificent 7 stocks are cheaper than in recent years. (5:38)Show NotesSouthwest Airlines shares dip on 2024 capacity reduction plan, citing Boeing issuesOracle surges to new 52-week high as Wall Street sees another AI beneficiaryEpisode transcripts seekingalpha.com/wsbSign 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.
07:1312/03/2024
Xiaomi to launch first EV in China, shares surge
Xiaomi (XIACF) revs higher as first EV to launch in two weeks. (00:28) Disney (DIS) slams 'destructive' Peltz in new proxy-fight salvo. (01:29) Tyson Foods (TSN) to lay off 1,200 employees as it shuts its Perry pork packing plant. (03:03)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: ORCL, ACAD, and moreHawaiian Electric loses bid to move Maui wildfire cases to federal courtOracle hints at partnership with tech titan NvidiaAlumina agrees to $2.2B all-stock buyout offer from AlcoaSign 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.
06:4412/03/2024