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Wall Street Breakfast

Meta takes another shot at subscriptions

27 Jan 2026

Transcription

Chapter 1: What is the main topic discussed in this episode?

0.976 - 22.285 Julie Morgan

Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning. It's good to be with you on this Tuesday, the 27th of January. I'm Julie Morgan. Meta Platforms plans to offer new subscription models across its apps including Instagram, Facebook, and WhatsApp.

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22.305 - 40.854 Julie Morgan

Reports say the subscriptions are expected to unlock more productivity and creativity by giving paid users access to more features and expanded AI capabilities. Meta's recently acquired suite of general AI agents under Manus will also be scaled as part of the subscription plans.

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41.175 - 64.885 Julie Morgan

The subscriptions will be separate from Meta Verified, a paid product rolled out by the company in 2023 that gives content creators and businesses a verified badge, 24-7 direct support, protection against impersonation, and more. Meta told TechCrunch that it plans to listen to its user community and gather feedback as it rolls out subscriptions in the coming months.

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65.81 - 92.239 Julie Morgan

President Trump is boosting tariffs on South Korea. He said on a post on Truth Social that because the Korean legislature has not enacted their historic trade agreement, which is their prerogative, he is increasing South Korean tariffs on autos, lumber, pharma, and all other reciprocal tariffs from 15% to 25%. Asia's stock markets rose on Tuesday, shaking off the news.

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93.181 - 102.559 Julie Morgan

And a couple of Chapter 11 filings to tell you about. Twin Hospitality Group, the parent of Twin Peaks and Smoky Bones, filed voluntary Chapter 11.

Chapter 2: What new subscription models is Meta planning for its apps?

102.76 - 125.128 Julie Morgan

The company expects the restaurants to remain open during the process. Phat Brands has also filed bankruptcy. Fatbrand's portfolio of 18 restaurant concepts includes Fatburger, Johnny Rockets, and Roundtable Pizza, among others. The restaurants are expected to remain operating as usual. Fatbrands acquired Twin Peaks in 2021.

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125.108 - 142.57 Julie Morgan

There was a spinoff just shy of a year ago when Twin Hospitality went public on January 30th of 2025. Twin Hospitality Group is ticker symbol TWNP and Phat Brands is ticker symbol Phat, F-A-T. A few other articles that are trending.

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Chapter 3: How will Meta's subscription plans enhance user experience?

142.991 - 169.529 Julie Morgan

Silver should be trading at half its price later this year, according to one JP Morgan analyst. Microsoft is said to win approval for 15 additional data centers at a former Wisconsin Foxconn site. And Micron outlines a $24 billion plan for a new memory chip plant in Singapore. A few items on our catalyst to watch. India Energy Week will kick off in Goa.

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169.949 - 192.905 Julie Morgan

The event is India's flagship oil, gas, and broader energy exhibition and conference. Visa will hold its annual meeting. and Boeing will hold its earnings call. Updates on 737 MAX 89 output, the planned activation of the Everett Northline, and the timeline for 737-10 certification will be closely watched.

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193.225 - 227.509 Julie Morgan

Astronix derives 12% of its revenue from Boeing and trades in tandem with it following earnings 75% of the time. On Wall Street at this early hour, Dow, S&P and Nasdaq futures are in mixed territory. Crude oil is up 0.5% at $60 a barrel. Bitcoin is down 0.5% at $87,000. Gold is up 1.5% at $5,085. The FTSE 100 is up 0.5% and the DAX is up 0.2%.

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228.468 - 256.467 Julie Morgan

Health insurers are on our list of the biggest movers of the day pre-market. Humana is down 12 percent, UnitedHealth down 8 percent, and CVS Health is also down 8 percent. The company slumped after the Trump administration proposed nearly flat 2027 Medicare Advantage reimbursement rates, with payments set to rise just 0.09 percent versus the 4 to 6 percent increase analysts had expected.

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257.324 - 282.289 Julie Morgan

And on the economic calendar today, of course, the FOMC meeting begins. We'll hear from them tomorrow. At 9 a.m., the FHFA House Price Index and at 10 a.m., the Richmond Fed Manufacturing Index. That's it for today's Wall Street Breakfast. Thanks for listening. For a full offering of news, analysis, ratings, and data on stocks and ETFs, become a premium subscriber.

282.53 - 290.605 Julie Morgan

Learn more at seekingalpha.com slash subscriptions. I'm your host, Julie Morgan. Go out and make it a great day.

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