Wall Street Breakfast

Global banks back big nuclear funding

23 Sep 2024

Contributed by Lukas

International banks to support nuclear power to hit carbon neutrality target. (0:16) Microsoft sees a rare downgrade. (3:37) Does McDonald's Big Arch ...

Apollo said to offer up to $5B investment in Intel

23 Sep 2024

Contributed by Lukas

Apollo (APO) said to offer up to $5B investment in Intel (INTC). (00:28) Biden administration to propose ban on Chinese connected-care software, hardw...

Meta Connect 2024 kicks off

22 Sep 2024

Contributed by Lukas

Meta CEO Zuckerberg's speech and Southwest's Investor Day highlight events of the week. (0:18) Fed's favorite inflation gauge seen rising. (1:46) Micr...

Nike rallies as new CEO boosts hopes

20 Sep 2024

Contributed by Lukas

Nike (NKE) faces challenges even as a new CEO brightens the spirits of investors. (00:26) Warren Buffett's Berkshire (BRK.B) continues to trim Bank of...

Jamie Dimon warns on 'evil axis'

19 Sep 2024

Contributed by Lukas

J.P. Morgan CEO says current geopolitics are biggest risk to financial markets. (0:16) S&P 500 takes out 5,700 in a delayed post-Fed rally. (1:15)...

FedEx earnings on deck

19 Sep 2024

Contributed by Lukas

FedEx (FDX) Q1 earnings on deck: What to expect. (00:21) Alphabet's (GOOG) Waymo and Hyundai (HYMTF) may join hands for self-driving cars - report. (...

Fed slashes interest rates by half point

18 Sep 2024

Contributed by Lukas

Fed chief Powell says the move will shore up the labor market while it's strong. (0:16) Stocks closed down with traders looking for even more aggressi...

Gulf, East coast port strike looms as talks stall

18 Sep 2024

Contributed by Lukas

East, Gulf coast port strike looks inevitable as talks stall; Biden unlikely to intervene. (00:24) BlackRock (BLK), Microsoft (MSFT), Nvidia (NVDA) te...

Intel gets a little groove back

17 Sep 2024

Contributed by Lukas

The chipmaker embarks on a significant restructuring plan. (0:16) Retail sales unexpectedly climb. (1:38) Microsoft boosts its dividend, OKs $60 billi...

Tupperware to file bankruptcy - report

17 Sep 2024

Contributed by Lukas

Tupperware (TUP) reportedly to file for bankruptcy as soon as this week. (00:25) New Amazon (AMZN) plan: Workers in the office five days a week, leane...

Holiday shopping season kicks off in less than a month

16 Sep 2024

Contributed by Lukas

Target plans early October deals as the Holiday season keeps starting earlier. (0:16) Apple iPhone 16 Pro demand looks weak. (3:06) Anheuser-Busch loo...

Trump safe after apparent assassination attempt, DJT rises

16 Sep 2024

Contributed by Lukas

Donald Trump (DJT) safe after apparent assassination attempt at Florida golf club. (00:28) Intel (INTC) is said to qualify for $3.5B in military chip ...

It's interest rate cut time

15 Sep 2024

Contributed by Lukas

The market is split on the Fed cutting by a quarter or half point. (0:18) FedEx is the big earnings report this week. (3:22) Disney and DirecTV agree ...

Boeing workers strike after rejecting contract

13 Sep 2024

Contributed by Lukas

Boeing (BA) workers reject contract, set to strike at midnight. (00:21) Fortinet confirms breach after hacker boasts of data theft: report. (01:51) Fi...

Stellantis car dealers decry 'degradation'

12 Sep 2024

Contributed by Lukas

The automaker's U.S. dealer network hits out at management in an open letter. (0:15) PPI revisions bolster smaller rate cut predictions. (1:24) McDona...

Boeing workers to vote: Deal or strike

12 Sep 2024

Contributed by Lukas

Boeing could face strike as workers push back on tentative contract. (00:22) OpenAI reportedly in talks for $6.5B in funding at a $150B valuation. (01...

Markets bracing for smaller rate cut after CPI

11 Sep 2024

Contributed by Lukas

Core retail inflation a tad hot, boosting odds of quarter-point Fed cut. (0:16) GameStop tumbles after sales fall. (2:25) Arm Holdings named a top pic...

Microsoft CTO teases next AI leap

11 Sep 2024

Contributed by Lukas

Microsoft (MSFT) CTO hints at new 'super important' AI product emerging. (00:26) Starbucks (SBUX) CEO says strategy will include refocusing on communi...

Bank giants face capital hike of 9%

10 Sep 2024

Contributed by Lukas

The revised hike is well below the 19% floated in the original plan. (0:15) Oracle rallies sharply after results. (3:00) DOJ argues at trial Google 'c...

Taiwan exports notch new record on AI boom

10 Sep 2024

Contributed by Lukas

Taiwan exports notch new record on AI boom, recovery in shipments to China. (00:24) Under Armour (UA) slashes fiscal 2025 outlook on updated restructu...

Apple unveils AI for new iPhones, watches and AirPods

09 Sep 2024

Contributed by Lukas

The company confirms Apple Intelligence will launch in October. (0:15) 'Beetlejuice Beetlejuice' is a hit. (4:07) 50 stocks that could see tax-loss se...

DirecTV accuses Disney of stifling competition in FCC complaint

09 Sep 2024

Contributed by Lukas

DirecTV files FCC complaint accusing Disney (DIS) of stifling competition. (00:21) Big Lots (BIG) prepares for bankruptcy, agrees sale to Nexus Capita...

The iPhone enters the AI era

08 Sep 2024

Contributed by Lukas

Apple's iPhone 16 event will be closely watched for AI features. (0:17) The August CPI will likely determine how much the Fed cuts. (3:41) GameStop se...

7-Eleven rejects $39B Circle K offer

06 Sep 2024

Contributed by Lukas

7-Eleven owner Seven & i (SVNDY) rejects $39B buyout bid from Couche-Tard (ANCTF). (00:23) Intel (INTC) considers selling more of its stake in Mob...

Verizon buys Frontier for $20 billion

05 Sep 2024

Contributed by Lukas

Verizon will pay $38.50/share in cash, but could face regulatory problems. (0:15) Unit labor costs show wage inflation cooling more. (1:39) Chinese EV...

Topgolf, Callaway to go solo

05 Sep 2024

Contributed by Lukas

Golf spinoff: Topgolf and Callaway (MODG) to trade as separate businesses. (00:22) Beyond Meat (BYND) to roll out new steak alternative to revive dema...

Layoffs put a bigger Fed cut back in play

04 Sep 2024

Contributed by Lukas

Markets price in 50% chance of half-point rate cut after JOLTS. (0:16) Nvidia is in bear territory but could catch Dow Jones bump. (1:59) Nordstrom fa...

Nippon Steel assures US Steel to remain American

04 Sep 2024

Contributed by Lukas

US Steel (X) to remain American, prioritize U.S. steel demands - Nippon Steel (NPSCY). (00:23) Snap (SNAP) CEO blames slow advertising business for st...

Super Micro CEO speaks out

03 Sep 2024

Contributed by Lukas

CEO hits out against a short thesis and says 10-K delay won't affect customers. (0:16) Tesla's robotaxi goes to Hollywood. (3:39) Goldman loves gold. ...

Brazil takes aim at Starlink over X dispute

03 Sep 2024

Contributed by Lukas

Brazil takes aim at Elon Musk's Starlink (SPACE) over refusal to block X. (00:29) Volkswagen (VLKAF) says German plant closures are possible. (02:06) ...

Labor Day week all about jobs

01 Sep 2024

Contributed by Lukas

A weak August payrolls report could put a half-point Fed cut back in play. (0:17) Chinese EV makers report deliveries. (3:55) Shutdown of X starts in ...

Intel Mulls Foundry Split - Report

30 Aug 2024

Contributed by Lukas

Intel (INTC) said to be weighing options including foundry split as red ink mounts. (00:23) SecureWorks (SCWX) gains on report Dell (DELL) exploring s...

Is Apple the new AI torchbearer?

29 Aug 2024

Contributed by Lukas

Citi names Apple its top AI-related pick. (0:16) Second quarter GDP revised up, inflation revised down. (1:30) Dollar General plunges on guidance. (3:...

Yelp hits Google with search monopoly lawsuit

29 Aug 2024

Contributed by Lukas

Yelp (YELP) sues Google (GOOG) (GOOGL) over alleged search monopoly after landmark antitrust ruling. (00:22) DraftKings (DKNG) adds to in-play betting...

Nvidia's strong earnings can't match the hype

28 Aug 2024

Contributed by Lukas

Nvidia cruises past earnings forecasts, but the stock is under pressure. (0:18) Super Micro Computer plunges after delaying 10-K filing. (1:58)Episode...

XPeng unveils mass-market EV

28 Aug 2024

Contributed by Lukas

XPeng (XPEV) gains on launch of mass-market car Mona, targeting budget-conscious segment. (00:58) Klarna improves profits as AI takes over jobs. (01:4...

Musk backs AI safety bill

27 Aug 2024

Contributed by Lukas

Elon Musk bucks the trend of AI players and supports the California bill. (0:16) Super Micro Computer hit with short report. (2:25) DEA sets hearing f...

Bronfman Bows Out

27 Aug 2024

Contributed by Lukas

Edgar Bronfman drops out of bidding for Paramount Global (PARA). (00:24) Lowe's (LOW) joins growing list of companies scaling back DEI policies. (01:1...

Southwest showdown

26 Aug 2024

Contributed by Lukas

Activist Elliott calls for Sept. 9 meeting with Southwest Airlines. (0:16) SolarEdge CEO steps down. (2:34) Stop & Shop to stop selling tobacco. (...

Kroger, Albertsons $25B deal in court

26 Aug 2024

Contributed by Lukas

Kroger (KR) set to battle in court with FTC over $25B Albertsons (ACI) deal on Monday. (00:25) Elon Musk’s SpaceX to bring astronauts sent on Boeing...

Nvidia earnings will dictate the week

25 Aug 2024

Contributed by Lukas

AI chip demand has looked strong, but NVDA faces lofty expectations. (0:18)  Fed's favorite inflation gauge seen coming in cool after rate cuts signa...

Fed's Powell signals the start of rate cuts

23 Aug 2024

Contributed by Lukas

Jerome Powell says 'the time has come for policy to adjust' and he does not seek further labor market cooling. (0:17) Markets are pricing in 100 basis...

All eyes on Powell in Jackson Hole

23 Aug 2024

Contributed by Lukas

Fed chief expected to set the stage for cutting rates. (0:15) Southwest could charge for bags to fend off activist. (2:10) Uber teams with GM for auto...

Want a foldable MacBook? Could be a long wait

22 Aug 2024

Contributed by Lukas

Analyst says production pushed to end of '27 or '28. (0:16) Jobless claims add more weight to a 25 bps September rate cut. (0:55) Asia sees first case...

Canada rail shutdown, U.S. trade at risk

22 Aug 2024

Contributed by Lukas

Canada rail (CP) (CNI) shutdown begins, threatening supply chains and U.S. trade. (00:22) Bronfman boosts bid in Paramount (PARA) offer to $6B: WSJ. (...

'Black Myth: Wukong' makes video game history

21 Aug 2024

Contributed by Lukas

First-person game sees 2.2M concurrent players. (0:16) Yearly payrolls ended March revised down by 818,000. (1:28) Target rallies with positive quart...

Walmart exits JD.com

21 Aug 2024

Contributed by Lukas

Walmart (WMT) exits JD.com (JD) to focus on its own China business. (00:22) Waymo (GOOG) expands rapidly to 100,000 robotaxi rides a week. (01:23) Mic...

Mpox not next COVID, WHO official says

20 Aug 2024

Contributed by Lukas

WHO's Europe regional director says authorities are aware how to control spread of mpox. (0:15) Lowe's issues lowered guidance. (1:18) Twitter buyout ...

Boeing grounds test fleet

20 Aug 2024

Contributed by Lukas

Boeing (BA) grounds 777X test fleet after finding cracks in engine mounting structure. (00:24) Tax firm Andersen Global evaluating IPO - WSJ. (01:28) ...

GM cutting salaried tech workers

19 Aug 2024

Contributed by Lukas

Layoffs come after GM promoted two former Apple execs to run software & services. (0:16) Carl Icahn settles with SEC over margin loans. (3:02) Gol...

BYD becomes Pakistan's first major NEV player

19 Aug 2024

Contributed by Lukas

China's BYD (BYDDF) to set up a plant in Karachi, Pakistan - report. (00:24) UAW chief claims Stellantis (STLA) is price gouging to inflate profits. (...

Market hoping for solid Fed signals at Jackson Hole

18 Aug 2024

Contributed by Lukas

Jay Powell will speak Friday with markets looking for September cut. (0:18)  High expectations for Target earnings. (4:51) X shuts down in Brazil. (5...

Stellantis hit with shareholder suit over earnings drop

16 Aug 2024

Contributed by Lukas

Stellantis (STLA) shareholders sue company in U.S. after disappointing earnings - report. (00:23) Toyota (TM) considering an all hybrid line-up - repo...

Retail to the rescue

15 Aug 2024

Contributed by Lukas

Retail sales allay recession worries with 1% July gain. (0:14) Walmart rallies on earnings. (2:03) Final prices for first 10 Medicare Part D drugs out...

Softbank, Intel AI chip talks fizzle

15 Aug 2024

Contributed by Lukas

SoftBank (SFTBY), Intel (INTC) talks to produce AI chip to rival Nvidia (NVDA) reportedly failed. (00:26) Meta (META) shuts down misinformation tool—...

CPI sparks shelter inflation concern

14 Aug 2024

Contributed by Lukas

Retail inflation keeps declining, but rents prove stubborn. (0:16) Nike could be the next activist target.. (3:33) Premier League turns to AI for offs...

Mars reportedly nabs Kellanova for $30B

14 Aug 2024

Contributed by Lukas

Candy maker-Mars strikes deal to buy Kellanova (K) for $30B - report. (00:24) Activist Elliott seeks 10 board seats at Southwest Airlines (LUV). (01:1...

Starbucks poaches Chipotle CEO

13 Aug 2024

Contributed by Lukas

Starbucks shares jumped as it named Brian Niccol as its new CEO. (0:16) Wholesale inflation comes in soft. (1:49) Traders get jitters about Hawaiian H...

CXApp surges on Google Cloud deal

13 Aug 2024

Contributed by Lukas

CXApp (CXAI) soars on multi-million dollar deal with Google Cloud (GOOG). (00:25) KFC (YUM) expanding its $5 Value Meal to take on McDonald's (MCD) in...

Are Magnificent 7 stocks now a hedge?

12 Aug 2024

Contributed by Lukas

After historic volatility shock, high fliers may offer cheap protection. (0:15) Robinhood catches an upgrade. (3:01) B. Riley plunges 50%. (3:52)Show ...

EV fires may spark new rules in South Korea

12 Aug 2024

Contributed by Lukas

EV fires might spark new industry rules in South Korea. (00:27) LL Flooring (LL) commences voluntary Chapter 11 reorganization proceedings. (01:16) 'D...

Spotlight swings back to inflation with CPI

11 Aug 2024

Contributed by Lukas

A soft CPI could mean a half-point Fed cut, but also hit stocks. (0:14) Walmart leads retail earnings. (2:33) Disney announces new films, attractions....

Paramount gains with U.S. workforce cut

09 Aug 2024

Contributed by Lukas

Paramount (PARA) adds to gains with plans to cut 15% of U.S. workforce. (00:23) Taiwan Semiconductor's (TSM) July sales surge nearly 45% amid AI chip ...

Intel sued: Shareholders claim cover-up

08 Aug 2024

Contributed by Lukas

Intel (INTC) shareholders sue: chipmaker was hiding problems. (00:24) Boeing (BA) boosts output of key Patriot missile components. (01:34) Costco (COS...

Household debt increases in Q2

07 Aug 2024

Contributed by Lukas

Household debt rises modestly in Q2: New York Fed Household Debt Report. (00:22) Cannabis MSOs rise as Harris picks pro-marijuana Gov. Tim Walz as run...

Google loses antitrust case over search

06 Aug 2024

Contributed by Lukas

Google (GOOG) (GOOGL) loses antitrust suit over search payments; stock declines further. (00:22) Southwest Airlines (LUV) gains as activist Elliott fi...

Mars nearing deal to acquire Kellanova

05 Aug 2024

Contributed by Lukas

Mars in advanced talks to purchase Kellanova (K) - WSJ. (00:21) Coca-Cola (KO) to pay $6 billion in IRS back taxes case, appeal ruling. (01:12) Chevro...

Sentiment leads the market; the Fed follows

04 Aug 2024

Contributed by Lukas

The Market Pinball Wizard, Avi Gilburt, shares how the market forces the Fed's hands (0:05). FX prediction: sizable decline coming in 2nd half of 2024...

Intel dives on weak results, guidance

02 Aug 2024

Contributed by Lukas

Intel (INTC) crashes as Q2 results, guidance miss expectations; lays off 15% of staff. (00:26) FTC to investigate why grocery prices remain high despi...

Global easing gains steam as Bank of England cuts

01 Aug 2024

Contributed by Lukas

The Bank of England cut rates to 5% in a tight 5-4 vote. (0:15) Hershey takes a hit on sales. (4:17) Eli Lilly weight-loss drug cuts hearth-failure ri...

Applied Materials reportedly denied government funding

01 Aug 2024

Contributed by Lukas

Applied Materials (AMAT) said to be denied CHIPS Act funding for $4B research center. (00:24) Meta earnings call: Better spending on AI now, rather th...

Fed dual mandate officially back

31 Jul 2024

Contributed by Lukas

The Federal Reserve keeps rates unchanged, brings more focus to jobs market. (0:14) Fed chief Jay Powell says September cut is on the table. (0:50) St...

Meta settles Texas lawsuit for $1.4B

31 Jul 2024

Contributed by Lukas

Meta to pay $1.4B for Texas biometric lawsuit settlement. (00:31) Flight refunds: Pete Buttigieg urges airline CEOs to comply with new law. (01:31) DO...

Meta to let users create custom AI chatbots

30 Jul 2024

Contributed by Lukas

The company will unveil a new tool called AI Studio. (0:16) 'Deadpool & Wolverine' sets a box office record. (3:24) BofA says AI hype days are ove...

U.S. debt tops $35T

30 Jul 2024

Contributed by Lukas

U.S. national debt exceeds $35T for the first time ever. (00:23) J.M. Smucker exploring sale of Voortman cookie brand - Reuters. (01:21) Delta hires l...

Trump unveils vision to make U.S. ‘crypto capital’, ‘bitcoin superpower’

29 Jul 2024

Contributed by Lukas

Trump lays out plan to turn U.S. into a 'crypto capital' and 'bitcoin superpower'. (00:25) Apple Intelligence won't debut with initial iOS 18 launch -...

2024 Olympics: Game on!

26 Jul 2024

Contributed by Lukas

Here come the 2024 Olympic Games: Faster, Higher, Stronger and Debt. (00:25) OpenAI (MSFT) begins testing AI-powered search; GOOG slips. (01:34) South...

Economic growth ramps up in Q2

25 Jul 2024

Contributed by Lukas

GDP topped expectations, rising 2.8% with less pricing pressure. (0:16) Durable goods orders plunge, driven by aircraft. (1:26) Viking Therapeutics so...

Boeing pleads guilty in 737 MAX case

25 Jul 2024

Contributed by Lukas

Boeing (BA) formally files guilty plea in 737 MAX case. (00:25) Ford (F) profitability skids on higher warranty costs, EV losses. (01:17) NBA rejects ...

Investors cashing in their chips

24 Jul 2024

Contributed by Lukas

Semiconductor stocks lead another tumble in the Nasdaq. (0:16) AT&T bucks the trend post-earnings. (2:08) Bill Dudley calls for Fed cut next week....

Ether ETFs dip on first day

24 Jul 2024

Contributed by Lukas

Spot ether ETFs close out first trading day lower as ether price slips. (00:27) Tesla (TSLA) earnings call: Elon Musk talks robotaxi delay, energy ups...

Ether ETFs start trading

23 Jul 2024

Contributed by Lukas

The crypto-based ETFs moved slightly lower on first day of trading (0:16). Coca-Cola smashes organic sales. (2:15) CrowdStrike CEO called to Capitol H...

Wiz rejects Google’s acquisition deal

23 Jul 2024

Contributed by Lukas

Wiz turns down Google's (GOOG) (GOOGL) $23B acquisition deal - report. (00:23) WBD taps matching rights in attempt to stay on NBA deal. (01:23) Mattel...

Market awaits impact of VP Kamala Harris’ presidential run

22 Jul 2024

Contributed by Lukas

Wall Street futures edge up as Biden drops out; China cuts rates. (00:24) Goodyear to sell Off-the-Road tire business to Yokohama for $905 million. (0...

President Joe Biden drops out of race

21 Jul 2024

Contributed by Lukas

Biden endorses VP Kamala Harris. (0:17) Tesla robotaxi and AI initiatives could balance core auto struggles. (1:54) The world emerges from the blue sc...

Major Crowdstrike outage

19 Jul 2024

Contributed by Lukas

Major tech outage from CrowdStrike (CRWD) hits Microsoft (MSFT) systems worldwide. (00:22) Netflix (NFLX) tops financial, user expectations, though ca...

Apple goes to Hollywood

18 Jul 2024

Contributed by Lukas

AppleTV+ looks to expand its library of studio titles. (0:16) Amazon Prime Day notches record numbers. (1:00) Tesla slides into top 10 in EU registrat...

Darden Restaurants acquires Chuy’s

18 Jul 2024

Contributed by Lukas

Restaurant M&A: Darden Restaurants (DRI) acquires Chuy's Holdings (CHUY) for $605M. (00:24) Warner Bros. Discovery (WBD) said to be weighing split...

Rotation, rotation, rotation

17 Jul 2024

Contributed by Lukas

Money continues to look for other homes away from overcrowded tech. (0:16) Five Below has Wall Street crying 'mea culpa!' (2:49) Small-caps are back -...

Spirit’s outlook, ETH ETF’s and Musk companies moving to Texas

17 Jul 2024

Contributed by Lukas

Spirit Airlines (SAVE) dips on weak Q2 outlook, non-ticket revenue landed lower. (00:24) Spot ether (ETH-USD) ETFs likely to start trading as early as...

Consumers still have some fight left

16 Jul 2024

Contributed by Lukas

Core retail sales see the best month since January 2023. (0:16) GM backs off its big EV prediction for 2024. (3:49) Stifel still sees a market correct...

Amazon Prime Day set to break records

16 Jul 2024

Contributed by Lukas

Retail blockbuster: Amazon Prime Day (AMZN) is expected to set a record as discounting ramps up. (00:32) Trump picks Ohio Senator Vance as running mat...

Goldman boosts dividend after solid earnings

15 Jul 2024

Contributed by Lukas

Goldman Sachs declares a quarterly dividend of $3 per shares. (0:16) The 30-year yield tops the 2-year for the first time since January. (1:26) Hedge ...

Google reportedly near $23B Wiz purchase

15 Jul 2024

Contributed by Lukas

Google's (GOOG) (GOOGL) biggest acquisition: plans to buy cybersecurity startup Wiz for $23B - report. (00:29) Trump Media (DJT) skyrockets 70% as mar...

Trump fine after assassination attempt

14 Jul 2024

Contributed by Lukas

Former president says he is OK after rally shooting. (0:16) Netflix highlights earnings week. (1:39) Dividend calendar. (2:15)Show NotesGoldman lists ...

Big bank results on tap

12 Jul 2024

Contributed by Lukas

Big banks Q2 earnings expected to show rebounding IB, soft loan growth. (00:21) Tesla (TSLA) falls 7% on reports that the robotaxi event is delayed un...

The (dis)inflation report the market was waiting for

11 Jul 2024

Contributed by Lukas

Core CPI falls to the lowest level in three years. (0:16) Treasury yields tumble, along with the greenback. (1:45) Delta warns of lower fare discounti...

Costco hikes membership fees

11 Jul 2024

Contributed by Lukas

Costco (COST) reports a 7.4% rise in June net sales, hikes membership fees. (00:29) HubSpot (HUBS) sinks after report Google shelved acquisition plans...

Goldman plays catchup to Tesla's big run

10 Jul 2024

Contributed by Lukas

Goldman hikes target, but Bill Gross says Tesla trades like a meme stock. (0:16) Samsung's 'indefinite' strike. (3:20) Citi says take AI profit. (4:03...

Albemarle hits four-year-low as lithium prices slide

10 Jul 2024

Contributed by Lukas

Albemarle (ALB) plunges to lowest in nearly four years as lithium prices keep sliding. (00:23) Commercial real estate risk may last for years, Fed's P...