Wall Street Breakfast

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...

Cell-based meat gains U.S. approval

22 Jun 2023

Contributed by Lukas

Cell-based meat is approved in the U.S. for the first time (TSN).(00:24) Car insurer Root (ROOT) jumps on report of takeover offer (01:20). Fed's Jero...

Inflation still a big battle

21 Jun 2023

Contributed by Lukas

Fed Chairman Jerome Powell kicks off his Washington testimony saying there is a long way to go on inflation. Barclays cuts its rating on Tesla (TSLA) ...

Powell faces questions on Capitol Hill

21 Jun 2023

Contributed by Lukas

S&P, Dow, Nasdaq futures tread water ahead of Fed Powell's testimony.(00:24) FedEx (FDX) falls after revenue miss, weak profit guidance; UPS (UPS)...

Alibaba announces new leadership

20 Jun 2023

Contributed by Lukas

Alibaba Group (BABA) Announces Chairman and CEO Succession Plan (00:25). Biden sees progress in U.S.-China ties after Blinken meets Xi Jinping (00:53)...

Catalyst Watch: FedEx earnings, sports teams takeovers

17 Jun 2023

Contributed by Lukas

Catalyst watch for the week of June 18. Seeking Alpha Managing News Editor Kim Khan gives investors a wrapup of the FOMC meeting. (00:28) Seeking Alph...

Virgin Galactic soars

16 Jun 2023

Contributed by Lukas

Virgin Galactic (SPCE) targets late June for official launch of commercial service (00:32). Squarespace (SQSP) takes off on deal to buy assets of Goog...

Fed holds steady

15 Jun 2023

Contributed by Lukas

Federal Reserve holds interest rate steady in June, skipping a hike (00:28). Music publishers (SONY) (WMG) sue Twitter over alleged copyright infringe...

Fed special: Rates held, Powell’s tell and market impact with Chaim Siegel

14 Jun 2023

Contributed by Lukas

Chaim Siegel, leader of the Fed Trader Investing Group, joins SA's Kim Khan for a breakdown of Wednesday’s Fed decision. What the hawkish pause mean...

Fed expected to skip June hike, then what?

14 Jun 2023

Contributed by Lukas

Federal Reserve expected to skip June rate hike, but then what (00:40)? Google (GOOG) (GOOGL) delays European start of Bard AI chatbot over privacy co...

May CPI on tap

13 Jun 2023

Contributed by Lukas

CPI will give Federal Reserve new data on fight against inflation (00:28). Alphabet (GOOGL) (GOOG) to be slapped with ‘massive’ EU antitrust penal...

U.S. credit card debt nears the $1T mark

12 Jun 2023

Contributed by Lukas

U.S. credit card debt nears the $1T mark: Is there a reason to worry (00:27)? Nio (NIO) cuts prices for all models, ends free battery swapping - repor...

Fed hikes, quantitative tightening and international price action with Mike Zaccardi

11 Jun 2023

Contributed by Lukas

Mike Zaccardi, CFA, CMT joins James Foord for a discussion around the Fed funds market (0:30), whether we'll achieve a soft landing (2:35), and why in...

Catalyst Watch: AI, 'Winner-Take-More' Game?

10 Jun 2023

Contributed by Lukas

Catalyst watch for the week of June 11. Seeking Alpha Managing News Editor Kim Khan breaks down his favorite week, Fed week. He tells us how the marke...

Trump SPAC DWAC on Watch Following Indictment

09 Jun 2023

Contributed by Lukas

Trump SPAC DWAC on watch after indictment in classified documents case (00:27). EVs made by General Motors (GM) will be able to use Tesla's (TSLA) Sup...

GameStop Slides on C-Suite Shakeup

08 Jun 2023

Contributed by Lukas

Wildfires, smoke and air quality bring up the climate ETF discussion (00:35). GameStop (GME) slides after firing CEO, elevating Ryan Cohen to chairman...

SEC Versus Coinbase, Binance

07 Jun 2023

Contributed by Lukas

SEC versus crypto: Regulatory clarity or confusion? (00:55) Apple (AAPL) reportedly acquired AR start-up Mira as it pushes new headset vision (02:44)...

Atlas Lithium Slapped with Securities Fraud Lawsuit

06 Jun 2023

Contributed by Lukas

Atlas Lithium (ATLX) slapped with securities fraud lawsuit (05:04). Apple (AAPL) unveils $3,500 AR/VR headset, biggest product launch in nearly a deca...

Apple WWDC 2023 Preview

05 Jun 2023

Contributed by Lukas

Apple (AAPL) WWDC 2023 preview: Mixed reality headset likely to be the star (00:55). Saudis to cut another 1M bbl/day while OPEC+ extends reductions i...

The Default Saga Ends

02 Jun 2023

Contributed by Lukas

U.S. avoids default with passage of the debt ceiling bill, markets brace for the May jobs report and clues about rates and recession and the S&P 5...

Liquidity Squeeze

01 Jun 2023

Contributed by Lukas

lLiquidity worries arise as debt ceiling deal easily passes the House, Meta threatens to pull news from California and is the AI boom starting to show...

AI Extinction-Level Threat

31 May 2023

Contributed by Lukas

AI experts and creators warn about extinction risk on par with nuclear war, the debt ceiling bill clears another hurdle as a floor vote nears and Twit...

Debt Deal Heads To Vote

30 May 2023

Contributed by Lukas

The debt ceiling deal moves towards a vote in Congress, what’s next for stocks and bonds with the tail risk of default almost gone and Salesforce (C...

Bank Tightening, Commercial Real Estate And Natural Gas Demand

28 May 2023

Contributed by Lukas

Kirk Spano and CashFlow Hunter discuss bank tightness and whether it's a harbinger of recession, (0:10) commercial real estate market's problematic lo...

Tech Resilience, Snowflake Slowdown, Nvidia And AI With Julian Lin

26 May 2023

Contributed by Lukas

Julian Lin discusses the tech sector, macro headwinds and recent earnings.(0:30) - Tech's powerful recovery(2:34) - Nvidia and how AI may impact tech ...

The Few, The Tech, The Stock Leaders

26 May 2023

Contributed by Lukas

Stock market leadership continues to narrow, the framework for a debt limit deal could be in place and the war of words between Carl Icahn and Bill Ac...

U.S. AAA Credit Rating on Negative Watch

25 May 2023

Contributed by Lukas

Fitch puts the U.S. AAA rating on negative watch amid debt ceiling standoff, Nvidia set to soar on strong results, Fed minutes show members split on m...

Retailers Call Out Organized Theft Hitting Profits

24 May 2023

Contributed by Lukas

The amount lost to theft by retailers, known as "shrinkage," is rising sharply, according to execs at major chains. Organized shoplifting is hitting b...

America's AI Strategy

24 May 2023

Contributed by Lukas

White House developing national AI strategy, Ford recalls vehicles over seatbelts and Nvidia earnings after close.Our links:Wall Street Breakfast:Seek...

Microvast Plunges on Canceled Grant Report

23 May 2023

Contributed by Lukas

Microvast (MVST) plunges as Energy Department said to cancel DoE contract (01:48). Tegna (TGNA) jumps 5% after Standard General deal terminated, buyba...

Ford's Capital Markets Day With David Alton Clark - Bullishness Intact

22 May 2023

Contributed by Lukas

Welcome to Wall Street Lunch, our first afternoon episode! We're discussing Ford's Capital Markets Day with David Alton Clark, who runs the Winter War...

Micron Drops in War Over Silicon

22 May 2023

Contributed by Lukas

Who's next? Micron (MU) stock drops after being swept up into the war over silicon (00:45). Volvo (VLVLY) bags record order for 1000 electric trucks f...