Julie Morgan

Meta is up 3% following slight gains in other MAG7 stocks as markets look to stabilize after another weak week for equities, while investors kept a close watch on the war between U.S.

and Iran.

And Sunday, we told you on Wall Street Brunch with Kim Kahn that Meta is reportedly planning to initiate widespread layoffs that could impact 20% or more of the company's workforce.

And a couple of items for you on today's economic calendar at 8.30 a.m.

retail sales and at 10 a.m.

the housing market index.

That's it for today's Wall Street Breakfast.

Thanks for listening.

To take full advantage of Seeking Alpha with coverage on significant stocks and ETFs, become a premium subscriber.

Check out seekingalpha.com slash subscriptions.

I'm your host, Julie Morgan.

Go out and make it a great day.

Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning.

That's it for today's Wall Street Breakfast.

Thanks for listening.

To take full advantage of Seeking Alpha with coverage on significant stocks and ETFs, become a premium subscriber.

Check out seekingalpha.com slash subscriptions.

I'm your host, Julie Morgan.

Go out and make it a great day.

Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning.