Wall Street Breakfast

Jam packed earnings week

16 Jan 2024

Contributed by Lukas

US futures slide as yields rise (0:30), jam packed earnings week (2:50), and Musk demands voting control in Tesla (6:30).Show Notes:Elon Musk wants 25...

New secular bull markets hidden in plain sight

14 Jan 2024

Contributed by Lukas

Travis runs KCI Research and The Contrarian - why they're still focused on value and commodities (0:25). Really long market trends. Why new bull marke...

Big banks kick off earnings season

12 Jan 2024

Contributed by Lukas

J.P. Morgan and Citi post solid results. (0:15) Bond yields slide after cool PPI. (2:37) Goldman has 25 options trades ahead of earnings. (6:19)Show N...

EV names fall as Hertz hits the gas pedal

12 Jan 2024

Contributed by Lukas

EV shocker: Tesla (TSLA), Rivian (RIVN) and Fisker (FSR) fall after Hertz (HTZ) hits the gas pedal. (00:27) CVS paring down pharmacy footprint inside ...

Consumer inflation comes in a little hot

11 Jan 2024

Contributed by Lukas

The December CPI rose 0.3%, more than expected. (0:15) Hertz to shed electric vehicles in its fleet. (2:37) Dow 100,000 in 10 years? (4:23)Show NotesB...

Cummins to pay record fine for emissions cheating

11 Jan 2024

Contributed by Lukas

Cummins (CMI) to pay record $1.675B civil penalty in vehicle test cheating settlement. (00:26) iRobot (IRBT) plunges to session lows amid report Amazo...

Shipping costs soar amid Red Sea attacks

10 Jan 2024

Contributed by Lukas

Vessels face weeks of delays as they avoid Red Sea routes. (0:15) Another Fed rate hike isn't out of the question. (1:37) Apple hit with another stock...

Bitcoin spikes on false report

10 Jan 2024

Contributed by Lukas

Bitcoin (BTC-USD) briefly spiked on false report that SEC approved bitcoin ETFs. (00:29) Walmart (WMT) to bring drone deliveries to millions more in T...

United, Alaska Airlines find loose parts on 737s

09 Jan 2024

Contributed by Lukas

The discovery on 737 Max 9s indicates Boeing issues aren’t confined to the Alaska plane. (0:15) Nintendo gets an upgrade ahead of Switch 2. (3:01) A...

Vegas gets the AI treatment at CES

09 Jan 2024

Contributed by Lukas

Nvidia (NVDA), Microsoft (MSFT) and others roll into CES as Vegas gets the AI treatment. (00:21) Netflix (NFLX) wins account sharing lawsuit filed by ...

Apple's Vision Pro to debut on Groundhog Day

08 Jan 2024

Contributed by Lukas

Preorders for the the $3,499 mixed reality headset start Jan. 19. (0:15) First Costco store in 20 years votes to unionize. (2:48) Congressional leader...

Shares of Boeing, Spirit AeroSystems plunge

08 Jan 2024

Contributed by Lukas

Shares of Boeing (BA) and Spirit AeroSystems (SPR) plunge after mid-air blowout. (00:29) Merck (MRK) in talks to acquire Harpoon Therapeutics (HARP) f...

Will this market go higher than anyone expects?

07 Jan 2024

Contributed by Lukas

Cestrian Capital Research's Alex King is worried he isn't bullish enough. Markets from a technical analysis perspective, using Elliott Wave and Fibona...

Job growth keeps chugging along

05 Jan 2024

Contributed by Lukas

Payrolls up more than 200K and the unemployment rate holds at 3.7%. (0:15) But another jobs indictor hits crisis levels. (2:32) Microsoft could soon t...

QuantumScape soars on Volkswagen battery test success

05 Jan 2024

Contributed by Lukas

QuantumScape (QS) skyrockets after dazzling with Volkswagen (VLKAF) battery test. (00:23) Costco (COST) benefits from additional shopping day in Decem...

Microsoft makes first keyboard change in 30 years

04 Jan 2024

Contributed by Lukas

The Windows keyboard gets a button for Copilot AI. (0:15) Walgreens slashes its dividend. (3:56) Big upgrade seen for the iPhone camera - in 2025. (4:...

Apple reportedly settles gift card scam lawsuit

04 Jan 2024

Contributed by Lukas

Apple (AAPL) to settle suit related to iTunes gift card scam - report. (00:23) TikTok (BDANCE) sets sights on Amazon (AMZN) with goal of growing e-com...

Disney's Iger gets backing

03 Jan 2024

Contributed by Lukas

Hedge fund Blackwells Capital will nominate 3 directors to Disney’s board to support the CEO. (0:15) Bitcoin sees a sharp early plunge. (2:27) U.S. ...

Maersk extends Red Sea pause

03 Jan 2024

Contributed by Lukas

Maersk (AMKBY) to continue pausing Red Sea transit after attack on ship. (00:23) AST SpaceMobile (ASTS) soars after seeing fundraising close this mont...

Nasdaq 20,000

02 Jan 2024

Contributed by Lukas

Wedbush sees Apple, Microsoft and other techs leading a 33% rise in the Nasdaq. (0:15) Oil is volatile amid Red Sea conflict. (2:41) Tesla tops delive...

Fewer EV models qualify for full tax credit

02 Jan 2024

Contributed by Lukas

2024 electric vehicle jolt - fewer models qualify for the full tax credit. (00:33) Bitcoin (BTC-USD) rings in the new year with a rise above $45,000. ...

2024: The Year Of Living Dangerously

31 Dec 2023

Contributed by Lukas

Rob Isbitts on 12 market themes from 2023 and why 2024 is set to be the year of living dangerously as there are a lot of markets at the crossroads. Th...

Content providers look for OpenAI license deal

29 Dec 2023

Contributed by Lukas

Providers like News Corp. and Gannett look to negotiate following the New York Times lawsuit. (0:15) UnitedHealth is shedding its Brazil business. (2:...

Goodbye 2023, hello 2024

29 Dec 2023

Contributed by Lukas

Happy last trading day of 2023! (1:10) Google to settle $5B 'Incognito Mode' lawsuit (3:00) Cathie Wood switches Bitcoin ETFs (3:50).Episode transcrip...

Cash was king in 2023

28 Dec 2023

Contributed by Lukas

With rates surging, $1.3 trillion flowed into cash, more than any asset class. (0:15) Microsoft's 'iPhone moment.' (2:06) Cathie Wood sheds remaining ...

Crypto names extend gains

28 Dec 2023

Contributed by Lukas

Crypto-related names extend gains (1:15) Apple Watch ban paused by appeals court (1:46) and Alibaba fails to get suit dismissed (6:25).Episode transcr...

New York Times sues Microsoft, OpenAI

27 Dec 2023

Contributed by Lukas

The paper alleges the companies illegally used its content to train AI models. (0:15) Chinese stocks fall below a major long-term support level. (1:46...

Israeli grant lifts Intel

27 Dec 2023

Contributed by Lukas

Intel (INTC) drives semiconductor stocks higher after Israeli grant for chip plant. (00:26) Dish Network (DISH) merger with EchoStar (SATS) slated to ...

Apple Watch ban begins

26 Dec 2023

Contributed by Lukas

Imports and sales of Apple Watches are banned effective today due to patent issues. (0:15) FedEx announces share buyback. (1:42) There is a new domina...

AstraZeneca to buy Gracell Biotechnologies

26 Dec 2023

Contributed by Lukas

AstraZeneca (AZN) to buy Gracell Biotechnologies (GRCL) for $1.2 billion. (00:22) Manchester United (MANU) agrees to sell 25% stake to billionaire Jim...

Chaim Siegel is bullish for 2024

24 Dec 2023

Contributed by Lukas

Chaim Siegel of Elazar Advisors has been bullish for most of 2023 and remains bullish for 2024. Why jobless claims are a key measure to watch (0:20) 3...

Nike warns on soft sales, increased promotions

22 Dec 2023

Contributed by Lukas

Retail shocker: Nike (NKE) warns on soft sales, high promotional activity. (00:26) Cytokinetics (CYTK) soars amid report of Novartis (NVS), AstraZenec...

Warner Bros. Discovery reportedly in talks to merge with Paramount

21 Dec 2023

Contributed by Lukas

Warner Bros. Discovery (WBD) talking to Paramount (PARA) about possible deal - reports. (00:26) Citigroup (C) plans to exit distressed debt trading - ...

Apple Watch sales halt; Toyota suspends shipments

20 Dec 2023

Contributed by Lukas

President Biden has until Sunday to decide on Apple Watch patent dispute (1:25), Atlanta Fed's Raphael Bostic doesn't see an urgency to cut rates (3:1...

Naval task force; Japanese takeover

19 Dec 2023

Contributed by Lukas

U.S. forms naval taskforce to protect ships in Red Sea (1:32) Google to pay $700 million to settle Play Store lawsuit (2:30) and Japanese takeover of ...

Illumina to divest Grail

18 Dec 2023

Contributed by Lukas

Illumina (ILMN) plans to divest Grail after U.S. Appeals Court decision. (00:23) IBM to acquire StreamSets and webMethods platforms from Software AG f...

Looking at VIX and earnings growth with Mott Capital Management

17 Dec 2023

Contributed by Lukas

Mott Capital Management's Michael Kramer is looking at 2 things: what the market's anticipating for 2024 earnings growth and implied volatility levels...

Costco tops profit estimates, declares special dividend

15 Dec 2023

Contributed by Lukas

Costco (COST) tops profit estimates, doles out $6.7B in special dividends. (00:25) Tesla (TSLA) bags incentives worth $153M for Mexico gigafactory. (0...

Monster bond moves

14 Dec 2023

Contributed by Lukas

10-year Treasury yield falls below 4% from 5% at breakneck speed. (0:15) Retail sales show a surprise gain. (2:17) Influential bank analyst upgrades 5...

Adobe stumbles on weak outlook, FTC inquiry

14 Dec 2023

Contributed by Lukas

Adobe (ADBE) stumbles on weak outlook, FTC inquiry. (00:22) Mattel's (MAT) American Girl is heading to the big screen after Barbie breakthrough. (01:5...

Dow notches record as Fed's Powell plays Santa

13 Dec 2023

Contributed by Lukas

Chairman Jay Powell leans dovish after Fed keeps rates on hold. (0:15) Fed projection pencil in 3 rate cuts next year. (0:38) Stocks rally, Treasury y...

SpaceX valuation reportedly nears $180B

13 Dec 2023

Contributed by Lukas

Elon Musk's SpaceX (SPACE) value said to be closer to $180B. (00:26) XPO to acquire 28 former Yellow service centers. (01:25) Snapchat+ (SNAP) surpass...

Inflation fight on track

12 Dec 2023

Contributed by Lukas

November CPI arrives about in line, but gives the Fed some room to push back on early rate cuts. (0:15) Oracle tumbles on cloud concerns. (2:35) Chevr...

Epic Games wins antitrust fight against Google

12 Dec 2023

Contributed by Lukas

Epic Games wins antitrust fight against Google (GOOG) (GOOGL) over app store monopoly. (00:23) Hasbro (HAS) to cut 900 jobs as it seeks to cut expense...

Record breaking holiday travel

11 Dec 2023

Contributed by Lukas

AAA forecasts more people flying this holiday season than every before. (0:15) Department store stocks rally. (1:53) Occidental to acquire CrownRock. ...

Macy’s receives buyout offer

11 Dec 2023

Contributed by Lukas

Macy's (M) gets $5.8B offer to be taken private - WSJ. (00:22) Cigna (CI), Humana (HUM) scrap merger talks; Cigna planning major stock buyback (update...

Job growth staying strong

08 Dec 2023

Contributed by Lukas

The unemployment rate surprises, falling to 3.7%. (0:15) Is GameStop trying to morph into Berkshire Hathaway? (2:59) Paramount surges on sale chatter....

Lululemon slips on soft holiday outlook

08 Dec 2023

Contributed by Lukas

Lululemon (LULU) falls after guidance for holiday quarter comes in light. (00:24) Yellow (YELLQ) declines offer that could have saved bankrupt truckin...

Anemic outlook for dividends and buybacks

07 Dec 2023

Contributed by Lukas

J.P. Morgan predicts a worse outlook for income investors in 2024. (0:15) Fisker Automotive CEO fights for the stock. (2:50) Trump tapping Jamie Dimon...

CosMc’s, McDonald’s nostalgic spinoff

07 Dec 2023

Contributed by Lukas

McDonald's (MCD) opens first restaurant of nostalgic spinoff chain CosMc's. (00:26) AMD takes wraps off Nvidia (NVDA) competitor, updates AI forecast....

G7 oil price cap falters in first year

06 Dec 2023

Contributed by Lukas

G7 oil price cap mostly a failure after one year, report says. (00:28) 23andMe (ME) facing mounting litigation over hacking incident. (01:49) SEC exte...

Grand Theft Auto trailer hits early

05 Dec 2023

Contributed by Lukas

The release date of 2025 for the game puts some pressure on Take-Two shares. (0:15) Job openings slump below 9 million. (2:00) Morgan Stanley spies bi...

Meta, IBM launch open source AI alliance

05 Dec 2023

Contributed by Lukas

Listen below or on the go on Apple Podcasts and SpotifyMeta (META), IBM launch open source AI Alliance with over 50 members. (00:22) AT&T (T) pick...

Bitcoin keeps climbing

04 Dec 2023

Contributed by Lukas

The march to $50,000 continues. (0:15) Uber will join the S&P 500. (1:58) Spotify announces another round of layoffs. (2:17)Show NotesTop 10 trade...

Alaska Air acquiring Hawaiian Airlines

04 Dec 2023

Contributed by Lukas

Alaska Air (ALK) to buy Hawaiian Airlines (HA) in $1.9B deal. (00:23) Boeing (BA) eliminated from Air Force 'doomsday plane' competition. (01:08) Chin...

Catalyst Watch: Cigna, Humana deal would face regulatory hurdles

03 Dec 2023

Contributed by Lukas

Catalyst watch for the week of December 3. Seeking Alpha Senior Executive Editor Kim Khan on the upcoming jobs report and how the numbers play into Fe...

Streaming bundle battle?

01 Dec 2023

Contributed by Lukas

Apple+ and Paramount+ could offer a bundled service to fight churn. (0:15) Fed Chairman Powell calls rate-cut talk 'premature.' (1:11) Wall Street rea...

Crude oil slips as OPEC cuts underwhelm

01 Dec 2023

Contributed by Lukas

Crude oil slips as OPEC's voluntary production cuts underwhelm (3:22) Tesla delivers first Cybertrucks as it looks to shake up electric truck segment ...

OPEC to cut more production to boost oil

30 Nov 2023

Contributed by Lukas

OPEC+ members agree to cut an additional 1 million barrels per day. (0:15) The Fed's favorite inflation gauge hits lowest level in 2 years. (1:26) Her...

Cigna, Humana reportedly in merger talks

30 Nov 2023

Contributed by Lukas

Cigna (CI), Humana (HUM) in talks to combine in stock-and-cash deal - WSJ (update). (00:24) The UAW goes electric with unionization efforts aimed at T...

Charlie Munger dies age 99

29 Nov 2023

Contributed by Lukas

Iconic investor and Warren Buffett's right-hand man passes away. (0:15) GDP growth is revised up to 5.2% with inflation revised lower. (1:25) GM boost...

Disney’s Iger downplays asset sale, stresses building

29 Nov 2023

Contributed by Lukas

Disney townhall (DIS): Bob Iger downplays asset sale comments, says it's time for building. (00:25) Adelson family (LVS) to buy majority stake in Dall...

Lilly obesity drug beats Novo in study

28 Nov 2023

Contributed by Lukas

Tirzepatide 3x more likely to result in 15% weight loss vs. semaglutide. (0:15) Consumer expectations pick up sharply in November. (1:38) Amazon takes...

U.S. court rejects ‘forever chemicals’ class action

28 Nov 2023

Contributed by Lukas

U.S. court ruling rejects massive class action over 'forever chemicals'. (00:27) Fast-fashion firm Shein files for U.S. initial public offering - WSJ....

Gold tops $2000

27 Nov 2023

Contributed by Lukas

Charts say the yellow metal can test all-time highs. (0:15) Shopify sets Black Friday record. (1:40) Zero-day options arrive for Treasury bonds and oi...

U.S. sees record Black Friday online sales

27 Nov 2023

Contributed by Lukas

U.S. sees record Black Friday online sales, driven by price-conscious shoppers. (00:23) Tesla's (TSLA) union problems in Sweden include trash piling u...

Credit event: phase 2 - Michael Gayed

26 Nov 2023

Contributed by Lukas

Why Michael Gayed sees Phase 2 of a coming credit event going from treasuries to corporate credit to junk debt to highly levered companies (1:23) and ...

Black Friday hasn't lost its lure

24 Nov 2023

Contributed by Lukas

More than 130 million people planned to shop for deals. (0:15) Bill Gates says AI could usher in a 3-day work week. (3:15) This quant portfolio now fo...

Barclays to cut 2,000 jobs

24 Nov 2023

Contributed by Lukas

Barclays (BCS) plans to cut 2000 jobs amid cost-cutting measures. (00:22) Are Amazon (AMZN) workers in Europe posing threat to big Black Friday sale? ...

Oil slides as OPEC argues over output

22 Nov 2023

Contributed by Lukas

OPEC+ meeting is delayed with Saudi Arabia said to be unhappy. (0:15) Rise in consumer inflation expectations raises eyebrows. (1:29) Apple's Tim Cook...

Sam Altman returns as OpenAI CEO with new board

22 Nov 2023

Contributed by Lukas

Sam Altman to return to OpenAI as CEO with new board of directors. (00:27) Nvidia (NVDA) slips as Q3, guidance blow past expectations. (02:58) Elon Mu...

Market stages fastest comeback in 50 years

21 Nov 2023

Contributed by Lukas

The S&P 500 exited a correction in just 16 trading days. (0:15) Best Buy sounds a warning on the consumer. (2:49) OpenAI investors mull legal acti...

India Aims to Boost IT Hardware Production with Subsidies

21 Nov 2023

Contributed by Lukas

Dell, HP (HPQ), Foxconn (FXCOF) and others to get subsidies to make IT hardware in India. (00:23) SEC charges Kraken for operating as unregistered cry...

Bob Iger under pressure at Disney

20 Nov 2023

Contributed by Lukas

Iger will look to encourage investors at a town hall on Nov. 28. (0:15) Casinos can cash in when the A's move to Vegas. (2:25) Hundreds of Open AI emp...

Sam Altman to lead Microsoft’s new AI team

20 Nov 2023

Contributed by Lukas

Ousted OpenAI CEO Sam Altman joins Microsoft (MSFT) to lead advanced AI team. (00:35) Cruise (GM) CEO Kyle Vogt resigns less than a month after pausin...

Catalyst Watch: Walmart, Target’s mixed signals

18 Nov 2023

Contributed by Lukas

Catalyst watch for the week of November 19. Seeking Alpha Senior Executive Editor Kim Khan on the quiet economic calendar. (00:21) Julie Morgan shares...

Manchester United jumps as deal nears

17 Nov 2023

Contributed by Lukas

Sir Jim Ratcliffe closes in on buying a 25% stake in the team. (0:15) Housing market shows surprising strength. (1:45) AT&T to launch standalone c...

Amazon partners with Hyundai to sell cars online

17 Nov 2023

Contributed by Lukas

Auto retail disruption: Amazon (AMZN) partners with Hyundai (HYMTF) to sell cars online. (00:29) ChargePoint (CHPT) plummets on CEO replacement, preli...

Forget inflation, Walmart sounds deflation warning

16 Nov 2023

Contributed by Lukas

Walmart is cautious on the consumer but says falling prices may be ahead. (0:15) Alibaba scraps cloud business spinoff. (2:30) Goldman channels Taylor...

Cisco takes a hit as revenue outlook slips

16 Nov 2023

Contributed by Lukas

Cisco (CSCO) plunges as it lowers full-year revenue guidance as new orders slow. (00:26) Exxon (XOM) CEO says turning oil and gas firms into 'villains...

What Buffett, Burry and more are buying

15 Nov 2023

Contributed by Lukas

Money managers disclose new and closed positions in 13F filings. (0:15) More soft inflation, but retail sales show strength. (2:12) Target shares soar...

Solid Biosciences gets FDA okay for DMD trial

15 Nov 2023

Contributed by Lukas

Solid Biosciences (SLDB) gets FDA okay for clinical testing of DMD gene therapy. (00:26) Chevron (CVX) reviewing options for Texas Haynesville shale a...

Markets say job done on Fed hikes with cool CPI

14 Nov 2023

Contributed by Lukas

Stocks jump, yields sink on tame retail inflation report. (0:15) Traders now see first interest rate cut in May. (2:00) YouTube to require disclosure ...

Teck Resources sells coal business

14 Nov 2023

Contributed by Lukas

Teck Resources (TECK) to sell coal business to Glencore (GLNCY). (00:21) Bayer (BAYRY) pulling lymphoma drug from US market over failed study. (01:39)...

Get ready for the new tech bull market

13 Nov 2023

Contributed by Lukas

Wedbush analyst Dan Ives picks Apple as the leader for tech in 2024. (0:15) Exxon plans to become a leading producer of lithium for the EV sector. (1:...

China reportedly eyes Boeing 737 MAX deal

13 Nov 2023

Contributed by Lukas

China may end Boeing (BA) freeze with 737 MAX deal - Bloomberg. (00:23) OpenAI pursues more Microsoft (MSFT) money to build 'magic intelligence in the...

Catalyst Watch: CPI outlook, Vegas strike averted

11 Nov 2023

Contributed by Lukas

Catalyst watch for the week of November 12. Seeking Alpha Senior Executive Editor Kim Khan on what to expect when CPI is released on Tuesday. (00:21) ...

Investors continue to punish earnings stumbles

10 Nov 2023

Contributed by Lukas

Execution is critical when investors get high yields in bonds and cash. (0:15) Consumer are feeling the inflation pinch again. (2:31) Will global inst...

DBV’s toddler peanut allergy therapy shows positive results

10 Nov 2023

Contributed by Lukas

DBV reports positive Phase 3 data for peanut allergy therapy in toddlers. (00:26) Meta (META) eyes return to China with Tencent (TECHY) deal to sell V...

DraftKings made a play for 888

09 Nov 2023

Contributed by Lukas

DraftKings reportedly held talks with 888 for an all-stock deal. (0:15) Tesla gets a Sell-equivalent from HSBC on deadlines, Elon Musk risk. (1:44) Ma...

Actors, studios reach tentative deal

09 Nov 2023

Contributed by Lukas

Actors, studios reach tentative agreement to end strike - reports. (00:26) 'Barbenheimer' boosts AMC Q3 results, but concerns remain over debt, Q4 box...

Illegal tobacco. legal pot

08 Nov 2023

Contributed by Lukas

The U.K. goes ahead with phasing out legal cigarettes and Ohio legalizes marijuana. (0:15) Warner Bros. Discovery plunges despite 'Barbie.'(2:36) Gran...

Credit card debt hits new record

08 Nov 2023

Contributed by Lukas

Credit card debt hits new record, delinquencies rise most among millennials. (00:23) CarGurus (CARG) to fully acquire online car dealership CarOffer f...

A recession is happening if you look at banks

07 Nov 2023

Contributed by Lukas

Tighter lending standards signal the downturn. (0:15) Celsius says it's the top energy drink on Amazon. (1:57) Barclays says there's more pain to come...

WeWork files for Chapter 11

07 Nov 2023

Contributed by Lukas

WeWork (WE) files for Chapter 11 bankruptcy protection. (00:23) Lucid Group (LCID) is the latest electric vehicle maker to move to NACS charging stand...

Short selling ban

06 Nov 2023

Contributed by Lukas

South Korea halts shorting stocks until June. (0:15) DISH Network tumbles as CEO departs (2:48) The U.S. is closer to a recession than you think. (4:0...

Epic Games v. Google

06 Nov 2023

Contributed by Lukas

Fortnite maker Epic Games takes Google (GOOG) (GOOGL) to court over antitrust claims. (00:23) Palo Alto Networks (PANW) close to buying Talon Cyber Se...

An extremely important week of data; understanding technical analysis

05 Nov 2023

Contributed by Lukas

Matthew Tuttle and Rob Isbitts discuss this week's extremely important data (0:10). T-Bills yielding over 5%, quickly changing sentiment and market te...

Catalyst Watch: Is consumer sentiment just another data point in the mix?

04 Nov 2023

Contributed by Lukas

Catalyst watch for the week of November 5. Seeking Alpha Senior Executive Editor Kim Khan on a quiet week ahead on the macro-front and why consumer se...

Jobs and wages weakening

03 Nov 2023

Contributed by Lukas

There are signs of a loosening labor market that the Fed will like. (0:15) The 10-year Treasury yield tumbles again. (1:40) Will AI eliminate every jo...