Wall Street Breakfast

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). ...

Catalyst Watch: CPI, major bank earnings

08 Jul 2023

Contributed by Lukas

Catalyst watch for the week of July 9. Seeking Alpha Managing News Editor Kim Khan on what investors can expect from CPI midweek and major bank earnin...

June posts rare nonfarm payrolls miss

07 Jul 2023

Contributed by Lukas

June payrolls gain misses forecasts for the first time in months. Citi gets bearish on amusement parks. BofA picks its best stocks for growth and valu...

Canada increases subsidies for Stellantis battery plant

07 Jul 2023

Contributed by Lukas

Canada to subsidize Stellantis (STLA) battery plant with up to C$15B in incentives (00:32). Will June nonfarm payrolls cool enough for Fed's liking? (...

Jobs market still humming

06 Jul 2023

Contributed by Lukas

A raft of data shows persistent labor market tightness. Yields jump as market prices in 90% chance of a Fed hike. Microsoft (MSFT) in pole position to...

OPEC will do ‘whatever necessary’

06 Jul 2023

Contributed by Lukas

Oil bounces to two-week high as Saudi says OPEC will do 'whatever necessary.' (00:29) PHINIA (PHIN) swings higher on first day of trading (01:19). Ins...

China ramps up chip war

05 Jul 2023

Contributed by Lukas

China ups the chip battle stakes with controls on essential metals exports. Netflix (NFLX) is upgraded ahead of earnings. Mobile apps see mostly stron...

Instagram’s Threads

05 Jul 2023

Contributed by Lukas

Instagram (META) puts Twitter rival app Threads on App Store with launch imminent (00:29). Illumina (ILMN) faces record European Union fine over Grail...

Electric vehicles dominate shortened trading day

03 Jul 2023

Contributed by Lukas

EV makers rallied as deliveries showed better-than-expected demand. Stocks finished slightly higher ahead of holiday. Musk vs. Zuckerberg in August?Sh...

Poor air quality, potential stock ideas

03 Jul 2023

Contributed by Lukas

As northeast U.S. air quality suffers from wildfires, some potential stock ideas (FIXT). (00:28) Tesla (TSLA) confirms new record deliveries, beats ex...

Will REITs stand up to a recession? Brad Thomas with Kirk Spano

02 Jul 2023

Contributed by Lukas

Brad Thomas joins Kirk Spano to discuss using REITs as insulation and income generation during a potential recession (0:50), and concerns around the s...

Catalyst Watch: Heat waves and the economy

01 Jul 2023

Contributed by Lukas

Catalyst watch for the week of July 2. Seeking Alpha Managing News Editor Kim Khan says investors should look out for nonfarm payroll numbers at the e...

Cool inflation boosts stocks

30 Jun 2023

Contributed by Lukas

The Fed's favorite inflation measure shows easing prices. Tesla (TSLA) expected to report record deliveries. How much does a Manhattan apartment cost ...

FTC hearing to block Microsoft, Activision deal concludes

30 Jun 2023

Contributed by Lukas

FTC hearing to block Microsoft (MSFT) $69B acquisition of Activision (ATVI) concludes (00:33). Energy drinks M&A: Monster Beverage (MNST) closes i...

Amazon antitrust suit gets nearer

29 Jun 2023

Contributed by Lukas

Amazon (AMZN) could face an FTC antitrust suit in the coming weeks. Banks pass stress tests. Morgan Stanley shakes up its global dividend portfolio.Ou...

Micron Technology loss beats estimates

29 Jun 2023

Contributed by Lukas

Micron Technology (MU) pops as Q3 loss beats estimates (00:23). TuSimple (TSP) to weigh options for U.S. business (01:49). Visa (V) to buy payment and...

Getting to grips with Nvidia

28 Jun 2023

Contributed by Lukas

Nvidia (NVDA) now trades at 40x price to sales vs. 2.4x for the S&P 500 (SPY). Fed chief Jerome Powell hints at rates higher for longer. Citi spie...

Unity Software unveils AI marketplace

28 Jun 2023

Contributed by Lukas

Unity Software (U) surges as it unveils AI marketplace, Wells Fargo starts coverage (00:27). Nvidia (NVDA), AMD dip as US mulls new AI chip curbs for ...

Walgreens drops to basement of the Dow

27 Jun 2023

Contributed by Lukas

Walgreens (WBA) slumps on guidance and is now the worst Dow performer for 2023. Durable goods, consumer confidence come in strong. Disney (DIS) gets a...

Lordstown Motors plunges on bankruptcy filing

27 Jun 2023

Contributed by Lukas

Lordstown Motors (RIDE) plunges after bankruptcy filing, Foxconn lawsuit. (00:28) Jackson Financial (JXN) says up to 800K customers hit by MOVEit brea...

Obesity pills show significant weight loss

26 Jun 2023

Contributed by Lukas

Novo Nordisk high-dose pills show promise with weight loss in trials. Alphabet (GOOG) (GOOGL) is downgraded by UBS. Dan Ives gives his bullish view on...

Chaos in Russia

26 Jun 2023

Contributed by Lukas

Putin vs. Wagner: What does chaos in Russia mean for the markets? (00:24) IBM (IBM) nears $5B acquisition of software provider Apptio - report (01:29)...

Catalyst Watch: Musk vs Zuck, last man standing

24 Jun 2023

Contributed by Lukas

Catalyst watch for the week of June 25. Seeking Alpha Managing News Editor Kim Khan says the inflation gauge to look out for next week is the PCE pric...

More companies get in on CHIPs Act funds

23 Jun 2023

Contributed by Lukas

More companies are now eligible to get funds from the CHIPs Act. Deutsche Bank is unimpressed with the C3.ai (AI) investor day. Goldman taps top stock...

Microsoft battles FTC in court

23 Jun 2023

Contributed by Lukas

Microsoft (MSFT) battles with FTC in court over $69B Activision (ATVI) deal (00:25). Ford (F) preps for another round of layoffs - report (01:55). Vir...

Copper prices popping

22 Jun 2023

Contributed by Lukas

Copper prices hit a seven-week high as inventories fall. Tesla (TSLA) gets a downgrade from Morgan Stanley. A Musk and Zuckerberg cage fight?Our links...