Kim Kahn

And the pressure is rising on Lululemon Athletica's board.

Founder and second-largest shareholder Chip Wilson, who left the company in 2015, has launched a proxy fight nominating three director candidates and pushing for major changes, including at the top.

And in other news of note, the CEOs of NVIDIA and AMD will kick off CES 2026 in Las Vegas next week, with keynotes focused on AI.

The show runs January 6th to 9th, with NVIDIA's Jensen Wang and AMD's Lisa Su set to present on Monday, January 5th.

Wong is expected to spotlight data centers, physical AI, and robotics, while Su is likely to focus on advances in Ryzen CPUs and Radeon graphics for AI PCs and gaming.

And toy stocks are lining up for a potential boost from a packed 2026 box office slate.

In the first half, family-focused releases include Disney's Toy Story 5 and The Mandalorian and Grogu, Universal's The Super Mario Galaxy movie, and Amazon MGM's Masters of the Universe.

In the second half, standouts include Sony's Spider-Man Brand New Day, Paramount Global's Paw Patrol 3, and Disney's Avengers Doomsday, all seen as strong toy drivers.

Also on the schedule, Warner Bros.

Discovery's Supergirl, Universal's Minions 3, Disney's Moana, Warner's Cat in the Hat and Angry Birds 3, and Sony's Jumanji 3.

Jefferies analyst Kylie Kohu expects Hasbro, Mattel, and Spinmaster to be among the key beneficiaries.

Welcome to Seeking Alpha's Wall Street Lunch, our afternoon update on today's market action, news, and analysis.

Good afternoon.

Today is Monday, December 22nd, and I'm your host, Kim Kahn.

Our top story so far.

Looks like AI is improving CEO productivity.

Microsoft Chief Executive Satya Nadella is getting very hands-on in the AI race.

The information reports he's now highly active in an internal Teams channel for roughly 100 of Microsoft's top technical staff, posting frequently when he thinks AI products are falling short.

He also runs a weekly hour-long meeting with many of the same people, grilling them on progress and issuing directives, including consolidating how teams handle post-training, the latter stage of AI model development.

A few weeks ago, Nadella sent an email to engineering leaders working on the consumer version of Copilot.