Wall Street Breakfast

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...

Sam Bankman-Fried found guilty

03 Nov 2023

Contributed by Lukas

Sam Bankman-Fried found guilty on all seven criminal counts. (00:23) Apple (AAPL) slips even as Q4 sales top estimates. (01:59) Amazon (AMZN) to shut ...

The Everything Is Awesome trade appears

02 Nov 2023

Contributed by Lukas

Stocks are off the the races and yields sink as market looks to move past the Fed. (0:15) U.S. productivity saw the highest non-COVID acceleration sin...

Disney to acquire Comcast’s Hulu stake

02 Nov 2023

Contributed by Lukas

Disney (DIS) expects to pay Comcast (CMCSA) $8.61B by Dec. 1 for Hulu. (00:27) Cedar Fair (FUN), Six Flags (SIX) gain amid reports of potential merger...

Is the Fed done after second straight pause?

01 Nov 2023

Contributed by Lukas

The FOMC keeps rates steady at 5.25%-5.5%. (0:15) Jay Powell says the questions is 'should we hike more?' (1:20) Atlanta GDP Now forecast for Q4 tumbl...

Bayer hit with $332M verdict in Roundup trial

01 Nov 2023

Contributed by Lukas

Bayer (BAYRY) slapped with $332M jury verdict in Roundup cancer trial. (00:29) Real estate stocks slump amid report NAR, brokerages guilty of collusio...

Apple's scary fast Macs get a shrug from Wall Street

31 Oct 2023

Contributed by Lukas

Analysts say timing Mac announcement right before earnings is odd. (0:15) Stanley Druckenmiller slams Janet Yellen. (3:04) Morgan Stanley stands firm ...

Albemarle, lithium names slump on supply-demand impact

31 Oct 2023

Contributed by Lukas

Albemarle (ALB), lithium names plunge as supply storm merges with weakening demand. (00:25) SolarWinds (SWI), chief information security officer charg...

White House issues AI order

30 Oct 2023

Contributed by Lukas

The executive order establishes standards for safety and security. (0:15) Will Treasury refunding overshadow the Fed. (1:50) McDonald's (MCD) tops pro...

G7 to embrace AI principles-report

30 Oct 2023

Contributed by Lukas

G7 economies to agree on AI guiding principles for companies - report. (00:27) UAW reaches tentative agreement with Stellantis (STLA), expands strike ...

Catalyst Watch: Hershey lead, cocoa worries ahead of holidays

28 Oct 2023

Contributed by Lukas

Catalyst watch for the week of October 29. Seeking Alpha Senior Executive Editor Kim Khan on the 2-day FOMC meeting. (00:21) Julie gives a brief earni...

More spending, less saving

27 Oct 2023

Contributed by Lukas

September personal spending tops forecasts, but incomes lagged. (0:15) Exxon Mobil (XOM) boosts its dividend. (3:14) Certain Apple Watch models to be ...

GM's Cruise pauses driverless operations

27 Oct 2023

Contributed by Lukas

GM's Cruise (GM) pauses all driverless operations. (00:23) Amazon (AMZN) beats forecast as cost cuts, strong sales trump AWS growth worries. (01:38) M...

Economic growth surges in Q3

26 Oct 2023

Contributed by Lukas

GDP rose 4.9% annually, trouncing forecasts. (0:15) Treasury market looks to be warming up to a soft landing scenario. (2:38) Bill Ackman made $200 mi...

Ford, UAW strike deal

26 Oct 2023

Contributed by Lukas

Ford (F), UAW reach tentative contract to end strike. (00:24) Meta Platforms (META) posts hefty surprise as revenues, profits, users all top forecasts...

China looks to jumpstart struggling economy

25 Oct 2023

Contributed by Lukas

China's government announces $137 billion in stimulus. (0:15) Boeing cuts 737 delivery forecast. (1:50) Google to run internet cables to island nation...

Alphabet dips, Microsoft jumps

25 Oct 2023

Contributed by Lukas

Alphabet (GOOG) (GOOGL) dips as Cloud revenue disappoints despite strong overall growth. (00:21) Microsoft (MSFT) jumps as Q1 results top expectations...

Verizon and GE earnings impress

24 Oct 2023

Contributed by Lukas

Verizon (VZ) matches optimism fueled by AT&T (T). (0:15) GE pops on a 'strong and clean' quarter. (1:38) Why election years are usually a tough ti...

Li-Cycle fall sparks EV sector alert

24 Oct 2023

Contributed by Lukas

The collapse of Li-Cycle (LICY) is called a potential warning for the broad electric vehicle sector. (00:26) Nvidia (NVDA), AMD said to make chips for...

Chevron buys Hess for $50 billion

23 Oct 2023

Contributed by Lukas

Chevron (CVX) agrees to acquire Hess (HES) in an all-stock deal. (0:15) The 10-year Treasury yield tops 5% for the first time since '07. (1:21) Morgan...

Roche to acquire Telavant

23 Oct 2023

Contributed by Lukas

Roche (RHHBY) to acquire Telavant (ROIV) (PFE) for $7.1B, adds new bowel disease therapy to pipeline. (00:22) Stonepeak agrees to buy shipping-contain...

Fed focus, loving + hating earnings season, bonds competing with stocks

22 Oct 2023

Contributed by Lukas

Rob Isbitts and Matthew Tuttle discuss focusing on the Fed, Magnificent Seven earnings and why a little bit of bullishness may be warranted (0:25). Lo...

Catalyst Watch: Q3 GDP, Netflix strong performance

21 Oct 2023

Contributed by Lukas

Catalyst watch for the week of October 22. Seeking Alpha Senior Executive Editor Kim Khan on the release of Q3 GDP. (00:21) He also discusses Netflix ...

Solar stocks sink

20 Oct 2023

Contributed by Lukas

SolarEdge (SEDG) revenue warning slams the sector. (0:15) Digital ad spending looking good. (2:00) Citi spies a hard landing. (3:35)Episode transcript...

CVS pulls phenylephrine amid legal woes

20 Oct 2023

Contributed by Lukas

Drug retailers, makers face mounting litigation over decongestant products. (00:25) Toyota (TM) works out deal with Tesla (TSLA) to adopt NACS chargin...

AT&T pops after earnings

19 Oct 2023

Contributed by Lukas

The stock of the telecom giant are still at a good entry point. (1:10) Labor market still looks strong. (2:58) Cathie Wood's ARK says the bond market ...

Netflix soars on record subs, price hikes

19 Oct 2023

Contributed by Lukas

Netflix (NFLX) jumps as it reports best sub growth in years, new price hikes. (00:26) Devon Energy (DVN) reportedly studying possible deals with Marat...

Chips fall where they may

18 Oct 2023

Contributed by Lukas

Wall Street cautious on semis with 'draconian' export curbs. (0:15) P&G (PG) reports strong organic sales. (3:15) Copper rises with China on track...

Foxconn, Nvidia tie up to build AI factories

18 Oct 2023

Contributed by Lukas

Foxconn (FXCOF), Nvidia (NVDA) tie up to build AI factories. (00:25) Microsoft (MSFT) said to sell $1B in 365 cloud tools to Amazon (AMZN): report. (0...

Bond market slipping its anchor

17 Oct 2023

Contributed by Lukas

The 10-year Treasury yield jumps more than 20 basis points in two sessions. (0:15) Writedowns continue to hamper Goldman earnings. (2:00) The Animal S...

Lockheed Martin clears next-gen test

17 Oct 2023

Contributed by Lukas

Lockheed Martin (LMT) passes key test for next-generation missile defense. (00:28) U.S. to announce deal easing sanctions on Venezuelan oil - report. ...

Rite Aid files Chapter 11

16 Oct 2023

Contributed by Lukas

Rite Aid (RAD) files for Chapter 11 bankruptcy. (00:22) Albemarle (ALB) withdraws $4B offer for Liontown Resources (LINRF). (01:33) Sony (SONY) in tal...

Dividends for a sliding market with Steven Cress

15 Oct 2023

Contributed by Lukas

Steven Cress, head of Quantitative Strategy at Seeking Alpha, discusses dividend stocks for when markets are sliding (0:25). Focusing on dividend grow...