Wall Street Breakfast
Episodes
Arm Holdings Valuation Exceeds $54B
14 Sep 2023
Contributed by Lukas
Arm Holdings (ARM) prices IPO at $51 a share, top of range. (00:28) Netflix (NFLX) drops as ads tier not seen driving revenue in short-term, CFO says....
Inflation heats up, but not enough to phase the Fed
13 Sep 2023
Contributed by Lukas
Gas boosts headline CPI, core rate falls year-over-year. (0:15) Europe takes aim at China EVs. (3:14) Here comes the GameStop movie. (3:35)Episode tra...
Apple’s next generation
13 Sep 2023
Contributed by Lukas
Apple (AAPL) unveils watch operated by finger movements, iPhone 15, titanium casing. (00:29) Workhorse Group (WKHS) pops after landing IRS approval fo...
Farewell fossil fuel era
12 Sep 2023
Contributed by Lukas
IEA says peak oil, coal demand hits before 2030. (0:15) Amazon (AMZN) strikes carbon capture deal with Occidental (OXY). (1:20) United States v. Googl...
WestRock jumps on Smurfit Kappa merger
12 Sep 2023
Contributed by Lukas
WestRock (WRK) jumps on Smurfit Kappa (SMFTF) merger to create $20B packaging giant. (00:28) JPMorgan (JPM) CEO Jamie Dimon slams Basel III endgame pr...
Big demand for Arm IPO? Not so fast
11 Sep 2023
Contributed by Lukas
Leaks about strong IPO demand could be a bearish sign. (0:15) Citi opens catalyst watch on Microsoft (MSFT). (3:02) Meta (META) already aiming for mor...
Alibaba’s surprise leadership shift
11 Sep 2023
Contributed by Lukas
Alibaba (BABA) falls as ex-CEO Daniel Zhang unexpectedly quits cloud unit. (00:24) J.M. Smucker (SJM) nears deal to buy Hostess Brands (TWNK) - WSJ. (...
Opportunity is in energy, especially oil and gas - Chris DeMuth Jr.
10 Sep 2023
Contributed by Lukas
Chris DeMuth Jr. talks about investing in 2023, the current state of the market (0:30) and why he likes the energy sector, especially oil and gas (4:4...
UAW pushback hits GM, Ford
08 Sep 2023
Contributed by Lukas
Labor pains: General Motors (GM) and Ford (F) fall after the UAW pushes back against offers. (00:29) Apple (AAPL) slips again on China worries; issue ...
C3.ai drops 2024 profit goal
07 Sep 2023
Contributed by Lukas
C3.ai (AI) says will not be profitable in Q4 of fiscal year 2024. (00:29) Alibaba (BABA), Baidu (BIDU), Tencent (TCEHY) top picks at CLSA as firm sees...
Oil futures soar before sliding
06 Sep 2023
Contributed by Lukas
Oil jumps to 10-month high as Saudi Arabia, Russia prolong cuts in output. (00:31) Enbridge's (ENB) falls on deal to buy 3 utilities from Dominion (D)...
AI: 11% of healthcare budgets in 2024-MS
05 Sep 2023
Contributed by Lukas
AI to represent 11% of healthcare budgets in 2024 - Morgan Stanley. (00:33) Thoma Bravo in advanced talks to purchase NextGen Healthcare (NXGN)- repor...
Goldilocks jobs reports
01 Sep 2023
Contributed by Lukas
A rise in the unemployment rate with participation rising points to a looser labor market. (0:15) Stocks set to gain for the week after a down August ...
23andMe receives new FDA green light
01 Sep 2023
Contributed by Lukas
23andMe (ME) rises on FDA clearance to report more genetic variants. (00:26) UPS offers some pilots an early retirement package. (01:12) Bernstein sa...
Fed quietly issues warnings to regional banks
31 Aug 2023
Contributed by Lukas
The Fed tells some lenders to strengthen liquidity positions. (0:15) The FOMC's favorite inflation gauge ticks up year-on-year. (1:46) U.S. expands AI...
Salesforce rallies on earnings beat
31 Aug 2023
Contributed by Lukas
Salesforce (CRM) jumps as Q2 results top expectations, raises guidance. (00:31) CrowdStrike (CRWD) slips even as Q2 results surpass estimates, raises ...
GDP revised down as weak data persists
30 Aug 2023
Contributed by Lukas
GDP and inflation are revised down, prompting more dovish bets. (0:15) ATM fees hit a new record. (3:05) Burger King’s Whopper will be on trial. (3:...
Grayscale wins in court
30 Aug 2023
Contributed by Lukas
Grayscale wins court ruling over SEC's denial of Bitcoin ETF; Coinbase (COIN) jumps. (00:28) Hurricane Idalia may lift construction stocks in shorter ...
EV maker NIO stumbles as lower prices hit Q2
29 Aug 2023
Contributed by Lukas
EV maker NIO feels the pinch of lower prices on margins. (0:15) Job openings drop to lowest level in more than 2 years. (1;28) The first 10 Medicare P...
American Airlines fined for tarmac delays
29 Aug 2023
Contributed by Lukas
American Airlines (AAL) is hit with the largest fine ever for breaking tarmac delay rules. (00:27) Toyota (TM) halts production at all factories in Ja...
China Evergrande stock steamrolled
28 Aug 2023
Contributed by Lukas
Property developer China Evergrande loses 80% of its value as it resumes trading. (0:15) Under Armour (UAA) gets a vote of confidence. (2:05) Danaher ...
XPeng partners with DiDi Global
28 Aug 2023
Contributed by Lukas
XPeng (XPEV) enters a strategic partnership with DiDi Global (DIDIY) that includes buying its smart car arm. (00:30) 3M (MMM) agrees to pay more than ...
Catalyst Watch: Nvidia enthusiasm fizzles
26 Aug 2023
Contributed by Lukas
Catalyst watch for the week of August 27. Seeking Alpha Senior Executive Editor Kim Khan on the core PCE price index and the August jobs report. (00:2...
Fed's Powell gives fodder for hawks and doves
25 Aug 2023
Contributed by Lukas
Jay Powell plays it safe, leading to large swings in stocks. (0:15) Investors ramp up bets against Disney as it hits 9-year low. (2:21) The S&P is...
Maui suit claims Hawaiian Electric caused wildfire
25 Aug 2023
Contributed by Lukas
New Maui County lawsuit alleges Hawaiian Electric's (HE) negligence caused wildfire. (00:34) DoJ sues SpaceX (SPACE) for hiring discrimination against...
Oil snaps trend hitting monthly low
24 Aug 2023
Contributed by Lukas
Oil prices drop below $80 per barrel on China demand concerns. (0:15) Stocks see sharp reversal from overnight Nvidia enthusiasm. (1:37) Wells Fargo l...
Nvidia soars on Q2 earnings
24 Aug 2023
Contributed by Lukas
Nvidia (NVDA) soars as Q2 earnings, guidance smash estimates; unveils $25B buyback. (00:27) Jerome Powell at Jackson Hole: Expect push-back on rate cu...
Goldman ramps up return to the office
23 Aug 2023
Contributed by Lukas
Goldman Sachs putting pressure on workers not in the office 5 days a week. (0:15) Foot Locker (FL) plunges after suspending its dividend. (2:08) Morga...
FTC to probe Qualcomm’s auto-chip deal
23 Aug 2023
Contributed by Lukas
Deep FTC probe of Qualcomm (QCOM) auto-chip deal reportedly on deck for Wednesday. (00:32) VinFast (VFS) has the 3rd highest auto market cap - SA anal...
Nvidia hits new yearly high on earnings optimism
22 Aug 2023
Contributed by Lukas
Nvidia (NVDA) is riding high ahead of results. Is it party on or party over? (0:15) Dig into ever-rising bond yields. (3:11) Dick’s Sporting Goods (...
Arm’s IPO on Nasdaq
22 Aug 2023
Contributed by Lukas
Arm (SFTBY) files IPO, set to trade on Nasdaq. (00:26) Tingo (TIO) postpones Q2 results yet again after Hindenburg short report, stock -27% after hour...
Big demand for shares in J&J spinoff Kenvue
21 Aug 2023
Contributed by Lukas
J&J share swap offer for Kenvue is oversubscribed. (0:15) Nvidia (NVDA) leads chip stocks up again as its earnings approach and the 10-year yields...
Marsh McLennan reaches deal for Honan Insurance
21 Aug 2023
Contributed by Lukas
Marsh & McLennan (MMC) reaches $450M deal for Australia's Honan Insurance. (00:32) Bill Ackman, Boaz Weinstein reportedly make rival $12/share off...
Highly concentrated rally expanding to other sectors; quant stock picking
20 Aug 2023
Contributed by Lukas
Steven Cress, head of Quantitative Strategy at Seeking Alpha, joins Kim Khan to discuss the current stock market landscape and how it’s shifted from...
Catalyst Watch: Decoding r-star
19 Aug 2023
Contributed by Lukas
Catalyst watch for the week of August 20. Seeking Alpha Managing News Editor Kim Khan on the significance of r-star and what investors can expect from...
Home sales slump, rates increase
18 Aug 2023
Contributed by Lukas
U.S. home sales see first monthly slump since April while long-term mortgages exceed 7%. (00:34) China Evergrande (EGRNF) files for Chapter 15 bankrup...
More rate hikes ahead?
17 Aug 2023
Contributed by Lukas
Some Fed officials favored maintaining rates in July; most open to hikes ahead: FOMC minutes. (00:27) BAE to buy Ball Aerospace (BALL) for $5.55B to b...
Intel axes Tower Semi acquisition
16 Aug 2023
Contributed by Lukas
Intel (INTC) axes Tower Semiconductor (TSEM) acquisition after not getting China nod. (00:22) Electric vehicle maker Vinfast (VFS) skyrockets in Nasda...
Retail sales blow past forecasts
15 Aug 2023
Contributed by Lukas
Consumer spending confounds expectations in July, with an Amazon (AMZN) assist. (0:15) Sea Limited (SE) tumbles after earnings. (2:40) More than 70 ba...
Q2 13F filings
15 Aug 2023
Contributed by Lukas
Warren Buffett's Berkshire (BRK.B) builds stakes in homebuilders DHI, NVR, Lennar (LEN.B). (00:28) Saudi Arabia, UAE said to buy 'thousands' of Nvidia...
Goldman pencils in first Fed rate cut
14 Aug 2023
Contributed by Lukas
Inflation will fall enough for the Fed to cut rates Q2 next year, Goldman Sachs says. (0:15) Nvidia (NVDA) stock price looks attractive to Morgan Stan...
U.S Steel rejects Cleveland-Cliffs offer
14 Aug 2023
Contributed by Lukas
U.S. Steel (X) explores strategic alternatives after rejecting Cleveland-Cliffs (CLF) offer. (00:23) Tesla (TSLA) trims prices of some Model Y version...
Watching yields, soft landing and extending bond durations
13 Aug 2023
Contributed by Lukas
Rob Isbitts and Matthew Tuttle return to discuss monitoring yields and why Fitch downgrading U.S. debt from AAA to AA+ is not that big of a deal (1:00...
Catalyst Watch: AMAT, TGT, WMT preview; DIS review
12 Aug 2023
Contributed by Lukas
Catalyst watch for the week of August 13. Seeking Alpha Managing News Editor Kim Khan on what investors can expect when retail sales and housing start...
Hot wholesale inflation spooks hawks
11 Aug 2023
Contributed by Lukas
Producer prices rose more than expected in July and the decline looks stalled. (0:15) President Biden calls China a ‘ticking time bomb.’ (2:43) Tr...
Union trouble for major automakers
11 Aug 2023
Contributed by Lukas
GM, Ford (F), Stellantis (STLA) slide as union president tosses proposals in the dustbin. (00:26) Supreme Court to hear arguments on Purdue Pharma $6...
A 'goldilocks' July CPI and Disney streaming with Victor Dergunov
10 Aug 2023
Contributed by Lukas
Victor Dergunov runs The Financial Prophet and joins Kim Khan to discuss their first reactions to today's CPI numbers - we hit the 'goldilocks' zone (...
July CPI on tap
10 Aug 2023
Contributed by Lukas
July's CPI expected to highlight the challenge in lowering inflation to 2%. (00:26) Disney's (DIS) quarterly revenues, streaming subscribers fall shor...
Deepfake deal could legitimize AI music
09 Aug 2023
Contributed by Lukas
Universal Music and Google in talks for artists to get paid for AI deepfakes. (0:15) WeWork could run out of cash by early 2024. (3:16) Is the stock m...
ESPN sports betting shakeup
09 Aug 2023
Contributed by Lukas
Sports betting shakeup: ESPN (DIS) bets big with PENN in deal aimed at clipping DraftKings' and FanDuel's dominance. (00:28) Amazon (AMZN) is latest h...
Banks not out of the woods
08 Aug 2023
Contributed by Lukas
Moody’s cuts ratings on small- and midsize banks and puts six big lenders on watch. (0:15) Weight loss pill cuts heart disease risk by 20%. (3:28) W...
SF Fed: Shelter inflation negative in 2024?
08 Aug 2023
Contributed by Lukas
U.S. shelter inflation, the biggest component of CPI, may turn negative in 2024 - SF Fed. (00:27) Dish Network (DISH), EchoStar (SATS) nearing deal to...
Office space meltdown
07 Aug 2023
Contributed by Lukas
HSBC plans to move its global HQ to a smaller space as office real estate continues to struggle. (0:15) Nearly half of Americans would try weight loss...
Berkshire Hathaway earnings
07 Aug 2023
Contributed by Lukas
Berkshire Hathaway (BRK.A) Q2 operating earnings drive up on strong insurance results. (00:27) Debt-laden Yellow Corp (YELL) files for bankruptcy afte...
Credit event, long duration treasuries, utilities and classifying a bear market
06 Aug 2023
Contributed by Lukas
Michael Gayed sees a melt-up and potentially a crash, all in the same year (0:20). Credit event coming (2:10) long duration treasuries as a hedge (4:2...
Catalyst Watch: CPI, BABA, DIS, PLTR, UPS preview
05 Aug 2023
Contributed by Lukas
Catalyst watch for the week of August 6. Seeking Alpha Managing News Editor Kim Khan on what investors can expect when CPI and PPI are released. (00:2...
Unemployment falls even as job gains ease
04 Aug 2023
Contributed by Lukas
Nonfarm payrolls come in light with down revisions but the jobless rate falls to 3.5%. (0:12) Fortinet (FTNT) stock hammered. (3:03) Why it may be too...
Labor market strength with signs of weakness
04 Aug 2023
Contributed by Lukas
Labor market strength seen persisting in July with some signs of weakness (0:20), Apple slips and Amazon jumps after earnings (4:00) utilities tumble ...
Bill Ackman bets against the long bond
03 Aug 2023
Contributed by Lukas
Bill Ackman hedges with a 30-year Treasury short as yields could hit 5.5%. Tesla China deliveries drop to 2023 low. New names in the BofA Alpha Surpri...
Amazon, Apple earnings on tap
03 Aug 2023
Contributed by Lukas
Apple (AAPL) Q3 preview: iPhone, India and AI all in focus. (00:34) Amazon (AMZN) analysts upbeat on upcoming results: Earnings preview. (01:28) JPMor...
White House balks at oil purchase
02 Aug 2023
Contributed by Lukas
U.S. scraps offer to buy 6 million barrels of crude for the SPR (0:15). ADP jobs report exceeds expectations in July. (1:57) Arm eyes $60 billion IPO ...
United States loses top rating at Fitch
02 Aug 2023
Contributed by Lukas
United States loses top rating at Fitch; long-term IDR cut to AA+. (00:25) Why did Teladoc (TDOC) stock fall today? Amazon Clinic (AMZN) goes nationwi...
BP misses estimates
01 Aug 2023
Contributed by Lukas
BP misses Q2 top and bottom line estimates; initiates Q3 outlook. (00:25) Federal judge said to reject Ripple (XRP-USD) ruling on cryptocurrency. (01:...
Corporate earnings scorecard
31 Jul 2023
Contributed by Lukas
Societe Generale says margins are where surprises are this earnings season. Ford (F) recalls over 870,000 new F-150 pickup trucks. BMO suggests "barbe...
Walmart increases stake in Flipkart
31 Jul 2023
Contributed by Lukas
Walmart (WMT) pays $1.4B to increase its stake in India's Flipkart - report. (00:26) Yellow Corp. (YELL) reportedly shuts down operations. (01:15) U....
S&P 500 rally, DIA vs. QQQ, perma-realism and tech giants' important earnings
30 Jul 2023
Contributed by Lukas
Matthew Tuttle and Rob Isbitts discuss the SPY rally and DIA vs QQQ (1:00), why investors should trade based on what they see, not what they think (3:...
Catalyst Watch: Jobs report, AAPL, MRK, SBUX preview
29 Jul 2023
Contributed by Lukas
Catalyst watch for the week of July 30. Seeking Alpha Managing News Editor Kim Khan on what investors can expect when the nonfarm payroll report is re...
Disinflation nation
28 Jul 2023
Contributed by Lukas
The Fed’s favorite inflation gauge adds to the cooling inflation evidence (0:15). Biogen (BIIB) buys a rare disease drugmaker (3:25). It has never b...
Intel surges on Q2 results
28 Jul 2023
Contributed by Lukas
Intel (INTC) surges as Q2 results show PC rebound underway, strong guidance. (00:27) U.S. crude oil (CL1:COM) benchmark closes above $80 for the first...
GDP blows past forecasts
27 Jul 2023
Contributed by Lukas
Strong Q2 GDP further undermines the recession narrative. Everybody wants to go on a cruise. Which quant strategies have been the big winners so far?R...
Lead cables probe
27 Jul 2023
Contributed by Lukas
Justice Dept., EPA reportedly investigate telecom companies over lead cables. (00:30) Meta earnings call: Reels ramps toward $10B/year, Threads models...
Fed will continue to hover over markets
26 Jul 2023
Contributed by Lukas
Seeking Alpha analysts look down the road for the Fed and markets. Amazon could face breakup FTC suit by next week. The case for not running with the ...
One more rate hike?
26 Jul 2023
Contributed by Lukas
One more Federal Reserve rate hike expected but hawks, doves differ on what's next. (00:33) PacWest (PACW) to merge with Banc of California (BANC) in ...
Big bear spies AI bubble
25 Jul 2023
Contributed by Lukas
Is there an AI bubble building in stocks or a cash generating machine? Verizon (VZ) maintains full-year forecast. Amazon (AMZN) and iRobot (IRBT) adju...
Disinflation could become a headwind - MS
25 Jul 2023
Contributed by Lukas
Disinflation could become a headwind - Morgan Stanley. (00:30) Adobe (ADBE) reportedly won't offer remedies to address EU concerns over Figma deal. (0...
EV maker VinFast set to break ground
24 Jul 2023
Contributed by Lukas
Vietnamese EV maker VinFast is ready to begin North Carolina plant. J&J launches Kenvue exchange offer. Are stock valuations justified amid rising...
AMC skyrockets following court ruling
24 Jul 2023
Contributed by Lukas
AMC doubles after hours, APEs slide as settlement is rejected. (00:28) 'Barbie' (WBD) and 'Oppenheimer' (CMCSA) give jolt to summer box office. (01:16...
Avoiding recession, cooling inflation, AI plays and financial earnings with Victor Dergunov
23 Jul 2023
Contributed by Lukas
Victor Dergunov runs The Financial Prophet. (0:35) 25 basis point increase likely coming from Fed and already priced into the market(4:20) Cooling inf...
Catalyst Watch: Fed week, earnings blitz
22 Jul 2023
Contributed by Lukas
Catalyst watch for the week of July 23. Seeking Alpha Managing News Editor Kim Khan on what investors can expect when the Federal Open Market Committe...
Taming the AI Wild West
21 Jul 2023
Contributed by Lukas
Hackers already deep into AI as Big Tech pledges cooperation with DC. Stock bulls face trouble without a soft landing. What big names go ex-dividend n...
Google goes into overdrive to power Gemini
21 Jul 2023
Contributed by Lukas
AI race in full swing as Google (GOOG) (GOOGL) goes into overdrive to power Gemini. (00:31) Trump SPAC Digital World (DWAC) jumps amid settlement with...
Stocks poised for a decade of low returns
20 Jul 2023
Contributed by Lukas
Stocks may only be slightly better than bonds over the next decade. Exxon (XOM) plans on building a huge lithium facility in Arkansas. Barclays sees N...
Netflix, Tesla shares dip following earnings
20 Jul 2023
Contributed by Lukas
Netflix (NFLX) earnings call: Paid sharing key to ramping revenues in 2023. (00:28) Tesla (TSLA) investors size up margin crunch, deliveries update, F...
Goldman earnings miss amid refocus
19 Jul 2023
Contributed by Lukas
Goldman Sachs misses on bottom line but stock damage limited. Hot weather could severely threaten corn supply. Retail investors are still much more bu...
Microsoft unveils pricing for AI tool
19 Jul 2023
Contributed by Lukas
Microsoft (MSFT) hits all-time high after unveiling pricing for AI tool, Copilot. (00:36) J&J (JNJ) ordered to pay $18.8M over baby powder cancer ...
Ford falls after slashing prices
18 Jul 2023
Contributed by Lukas
Ford (F) falls after slashing prices on electric F-150 to make them more affordable; GM also lower. (00:31) AT&T (T), Frontier (FYBR), Telephone a...
UN to discuss AI risks
17 Jul 2023
Contributed by Lukas
UN to discuss AI risks in 1st formal meet on the new tech - report (00:22). Tesla (TSLA) enters the electric truck battle after first Cybertruck rolls...
Fed walking primrose path and cataclysmic scenarios with David Trainer
16 Jul 2023
Contributed by Lukas
David Trainer on why, for the near-term, it's really all about liquidity (0:55) and why the Fed is hoping to walk the primrose path (4:00). This is a...
Catalyst Watch: Retail sales, Hollywood strike
15 Jul 2023
Contributed by Lukas
Catalyst watch for the week of July 16. Seeking Alpha Managing News Editor Kim Khan on what investors can expect when the retail sales report is relea...
Traders sell the news on bank earnings
14 Jul 2023
Contributed by Lukas
Big banks mostly top expectations but the sector sees red. China is hinting at more economic stimulus. Quant Ratings tells us which sectors look stron...
Earnings season kicks off
14 Jul 2023
Contributed by Lukas
Bank Q2 earnings set to kick off with the bar set low as rates stay high. (00:25) Hollywood actors go on strike, setting up historic entertainment shu...
ChatGPT and AI in government sights
13 Jul 2023
Contributed by Lukas
OpenAI, the maker of the popular ChatGPT chatbot, is under investigation by the U.S. government over consumer protection risks. Wholesale inflation co...
Palo Alto under pressure from Microsoft
13 Jul 2023
Contributed by Lukas
Why did Palo Alto Networks (PANW) stock drop? Blame Microsoft (MSFT). (00:26) Medalist (MDRR) to suspend dividends for at least the next six months. (...
Stock bulls cheer as CPI drops to 3 percent
12 Jul 2023
Contributed by Lukas
The June CPI report has stocks rallying, yields falling and betting the Fed is one and done. Oil continues to make gains. But this chart is flashing a...
Is inflation cooling?
12 Jul 2023
Contributed by Lukas
June consumer price index expected to show inflation cooling further — or will it? (00:29) EU expands probe into suicide risk linked to weight loss ...
Trading the Nasdaq 100 rebalance
11 Jul 2023
Contributed by Lukas
The Nasdaq 100 faces an extraordinary rebalancing for just the third time and Wells Fargo spies some near-term trades. BofA gets a hefty fine from the...
Rite Aid dips on bankruptcy report
11 Jul 2023
Contributed by Lukas
Rite Aid (RAD) dips amid report it's considering bankruptcy to address opioid liabilities (00:28). Berkshire Hathaway (BRK.A) (BRK.B) to buy Dominion'...
Icahn gets loan deal amid short pressure
10 Jul 2023
Contributed by Lukas
Carl Icahn reportedly severs personal loans from Icahn Enterprises (IEP). SVB (SIVBQ) sues the FTC to recover $1.9 billion. Automakers, union heading ...
Alibaba, Tencent in focus, Ant Group fined
10 Jul 2023
Contributed by Lukas
Alibaba (BABA), Tencent (TCEHY) in focus as China unwinds tech crackdown (00:28). New M&A rules likely to delay deals by months, add significant ...
S&P, Nasdaq, Dow's problematic construction; T-Bill rates and yield curve creep
09 Jul 2023
Contributed by Lukas
Matthew Tuttle and Rob Isbitts dissect today's stock market and its problematic index construction (1:00), T-Bill rates and yield curve creep (8:00). ...