Kim Kahn

Treasury yields are easing back as bond yields in Japan retreat from 17-year highs.

And on the economic calendar, it's just delayed data today.

At 10 a.m., the construction spending numbers from September will be released.

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

Look for links for stories in the show notes section.

Don't forget, these episodes will be up with transcriptions at SeekingAlpha.com.

And for a full suite of news, analysis, ratings, and data on stocks and ETFs, go to SeekingAlpha.com.

Welcome to Seeking Alpha's Wall Street Brunch, our Sunday look-ahead to this week's market-moving events, along with the weekend's top news and analysis.

Hello, today is Sunday, November 30th, and I'm your host, Kim Kahn.

As investors return from Thanksgiving with heavier waistlines and lighter wallets, shopping remains a key theme, with Salesforce and a slate of retail names reporting earnings.

Salesforce is expected to post EPS of $2.86 on revenue of $10.27 billion when it reports Wednesday.

Seeking Alpha analyst Luca Sacchi says the market is now fixated on whether growth can break a psychological threshold investors can't ignore.

AI has flipped the narrative, he says.

Instead of excitement, it's fueling doubts about CRM's moat and the long-term payoff of agent force.

But DM Insights points out that the stock trades at a historically low valuation, even below the S&P 500, and argues that its predictable model, AI tailwinds, and attractive risk-reward profile make it a buy.

Also on the earnings calendar, MongoDB reports Monday, CrowdStrike, Marvel, and GitLab issue numbers Tuesday.

Snowflake, Dollar Tree, and C3.ai weigh in on Wednesday with Salesforce.

Kroger, Ulta Beauty, Hewlett-Packard Enterprise, and Dollar General report Thursday.

Victoria's Secret is up Friday.

On the economic front, the week kicks off with Federal Reserve Chairman Jay Powell speaking at a panel discussion at Stanford.