Wall Street Breakfast

7-Eleven owner Seven & i (SVNDY) rejects $39B buyout bid from Couche-Tard (ANCTF). (00:23) Intel (INTC) considers selling more of its stake in Mobileye (MBLY): report. (01:08) Toyota (TM) plans 30% cut to 2026 global EV output - report. (02:15) Episode transcripts seekingalpha.com/wsb . Show links:  Biggest stock movers today: AVGO, PATH, and more Red Lobster survives bankruptcy with 544 locat...

Verizon will pay $38.50/share in cash, but could face regulatory problems. (0:15) Unit labor costs show wage inflation cooling more. (1:39) Chinese EV makers rally on Neo results . (2:36) Show Notes BofA’s global contenders and defenders list Tesla plans full self-driving rollout in China and Europe by Q1 2025 ISM Services stays strong in August, topping consensus Episode transcripts: seekingalpha...

Golf spinoff : Topgolf and Callaway (MODG) to trade as separate businesses. (00:22) Beyond Meat (BYND) to roll out new steak alternative to revive demand - report.  (01:14) Jeep (STLA) to cut production of Wranglers and Grand Cherokees - report. (02:03) Episode transcripts seekingalpha.com/wsb . Show links:  Biggest stock movers today: FTV, CHPT, AI, and more Tesla plans full self-driving rollout...

Markets price in 50% chance of half-point rate cut after JOLTS . (0:16) Nvidia is in bear territory but could catch Dow Jones bump . (1:59) Nordstrom family makes offer for namesake chain. (3:55) Show Notes 35 green energy stocks for a new era of profitability Dollar Tree tumbles after weak guidance Google expected to appear next week for antitrust trial related to ad business practices Episode tr...

US Steel (X) to remain American , prioritize U.S. steel demands - Nippon Steel (NPSCY). (00:23) Snap (SNAP) CEO blames slow advertising business for stock underperformance. (01:44) DEI pullback : Molson Coors drops diversity policies. (02:51) Episode transcripts seekingalpha.com/wsb . Show links:  Biggest stock movers today: NVDA, ZS, and more Airbnb urges NYC officials to overturn laws restrictin...

CEO hits out against a short thesis and says 10-K delay won't affect customers. (0:16) Tesla's robotaxi goes to Hollywood . (3:39) Goldman loves gold . (4:29) Show Notes JPMorgan cut to Hold, BofA and Wells Fargo raised to Buy at Deutsche Bank Novo Nordisk warns of continued Ozempic shortage in Q4 Episode transcripts: seekingalpha.com/wsb Sign up for our daily newsletter  here and for full access...

Brazil takes aim at Elon Musk's Starlink (SPACE) over refusal to block X. (00:29) Volkswagen (VLKAF) says German plant closures are possible. (02:06) General Motors (GM) Ecuador factory to shut shop - report. (02:43) Episode transcripts seekingalpha.com/wsb . Show links:  Biggest stock movers today: U, BA, and more Kamala Harris says US Steel should remain independent (update) Huawei to unveil new...

A weak August payrolls repor t could put a half-point Fed cut back in play. (0:17) Chinese EV makers report deliveries . (3:55) Shutdown of X starts in Brazil. (5:09)  Show Notes Heavily shorted stocks are not always in distress Earnings Calendar Dividend Roundup Episode transcripts: seekingalpha.com/wsb Sign up for our daily newsletter  here and for full access to analyst ratings, stock quant sco...

Intel (INTC) said to be weighing options including foundry split as red ink mounts. (00:23) SecureWorks (SCWX) gains on report Dell (DELL) exploring sale of cybersecurity firm. (01:56) Verizon (VZ) and Skylo to launch satellite messaging service. (03:03) Episode transcripts seekingalpha.com/wsb . Show links:  Biggest stock movers today: LULU, DELL, ULTA, and more Dogecoin lawsuit: Elon Musk, Tesla...

Citi names Apple its top AI-related pick . (0:16) Second quarter GDP revised up , inflation revised down. (1:30) Dollar General plunges on guidance. (3:25) Show Notes Markets minted more 401(K) millionaires in Q2, marking new high Chinese media issues warning on 'irrational' iron ore spike Episode transcripts: seekingalpha.com/wsb Sign up for our daily newsletter  here and for full access to analy...

Yelp (YELP) sues Google (GOOG) (GOOGL) over alleged search monopoly after landmark antitrust ruling. (00:22) DraftKings (DKNG) adds to in-play betting capabilities with the acquisition of Simplebet. (01:54) GameStop (GME) pivots to retro stores as it looks to cash in on gaming nostalgia. (02:34) Episode transcripts seekingalpha.com/wsb . Show links:  Biggest stock movers today: NVDA, CRM, AFRM, an...

Nvidia cruises past earnings forecasts, but the stock is under pressure. (0:18) Super Micro Computer plunges after delaying 10-K filing. (1:58) Episode transcripts: seekingalpha.com/wsb Sign up for our daily newsletter  here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions .

XPeng (XPEV) gains on launch of mass-market car Mona, targeting budget-conscious segment. (00:58) Klarna improves profits as AI takes over jobs. (01:41) GM, Samsung SDI (SSNLF) ink deal for $3.5B EV battery plant in Indiana. (03:01) Episode transcripts seekingalpha.com/wsb . Show links:  Biggest stock movers today: ELF, AMBA, and more FDA approves Illumina's TruSight Oncology biomarker test Warren...

Elon Musk bucks the trend of AI players and supports the California bill . (0:16) Super Micro Computer hit with short report . (2:25) DEA sets hearing for cannabis reclassification . (3:26) Show Notes Coca-Cola is called a top pick at Morgan Stanley Nvidia could see more than 9% upside on its reporting day Episode transcripts: seekingalpha.com/wsb Sign up for our daily newsletter  here and for ful...

Edgar Bronfman drops out of bidding for Paramount Global (PARA). (00:24) Lowe's (LOW) joins growing list of companies scaling back DEI policies. (01:19) Campbell (CPB) sells its popcorn business to snack company Our Home. (02:46) Episode transcripts seekingalpha.com/wsb . Show links:  Biggest stock movers today: PARA, TCOM, and more Meta's Mark Zuckerberg regrets bowing to White House pressure to...

Activist Elliott calls for Sept. 9 meeting with Southwest Airlines. (0:16) SolarEdge CEO steps down . (2:34) Stop & Shop to stop selling tobacco . (3:15) Show Notes Stocks most loved and shunned by hedge and mutual funds Telegram backs CEO Pavel Durov as his arrest prompts online backlash Episode transcripts: seekingalpha.com/wsb Sign up for our daily newsletter  here and for full access to an...

Kroger (KR) set to battle in court with FTC over $25B Albertsons (ACI) deal on Monday. (00:25) Elon Musk’s SpaceX to bring astronauts sent on Boeing (BA) Starliner. (01:43) Earnings preview : Nordstrom (JWN). (02:45) Episode transcripts seekingalpha.com/wsb . Show links:  Biggest stock movers today: SIRI, XPEV, and more Oil prices on watch as Israel, Hezbollah strikes fuel fears of wider Mideast c...

AI chip demand has looked strong , but NVDA faces lofty expectations. (0:18)  Fed's favorite inflation gauge seen coming in cool after rate cuts signaled . (2:36) Telegram founder arrested . (4:23) Show Notes Nvidia earnings previews ‘Bottom-fishing’ ideas within Piper Sandler’s universe of stocks Earnings calendar Episode transcripts:  seekingalpha.com/wsb Sign up for our daily newsletter  here a...

Jerome Powell says 'the time has come for policy to adjust ' and he does not seek further labor market cooling. (0:17) Markets are pricing in 100 basis points of rate cuts this year. (1:23) Show Notes A brief history of Jerome Powell's past Jackson Hole speeches Episode transcripts: seekingalpha.com/wsb Sign up for our daily newsletter  here and for full access to analyst ratings, stock quant scor...

Fed chief expected to set the stage for cutting rates . (0:15) Southwest could charge for bags to fend off activist. (2:10) Uber teams with GM for autonomous rides. (2:55) Show Notes Skydance urges Paramount to end negotiations with Edgar Bronfman Canada government orders railroads into arbitration over labor contract Altria raises dividend by 4.1% Episode transcripts: seekingalpha.com/wsb Sign up...

Analyst says production pushed to end of '27 or '28. (0:16) Jobless claims add more weight to a 25 bps September rate cut. (0:55) Asia sees first case of new strain of mpox. (2:08) Show Notes Morgan Stanley’s 20 Top Stock Picks Lionsgate apologizes for fake film critic quotes in the Megalopolis trailer Snowflake falls after 'good, but perhaps not enough' Q2 results Episode transcripts:  seekingalp...

Canada rail (CP) (CNI) shutdown begins , threatening supply chains and U.S. trade. (00:22) Bronfman boosts bid in Paramount (PARA) offer to $6B: WSJ. (02:30) Disney (DIS) picks Morgan Stanley's Gorman to head Iger succession committee. (03:12) Episode transcripts seekingalpha.com/wsb . Show links:  Biggest stock movers today: SNOW, ZM and more Several FOMC members saw a case for cutting at July me...

First-person game sees 2.2M concurrent players . (0:16) Yearly payrolls ended March revised down by 818,000. (1:28) Target  rallies with positive quarterly comps. (2:45) Show Notes Oppenheimer’s top 32 ideas for August-September Warner Bros. eyes spending $8.5B on Las Vegas film studio if tax credit bill passes Episode transcripts:  seekingalpha.com/wsb Sign up for our daily newsletter  here and f...

Walmart (WMT) exits JD.com (JD) to focus on its own China business. (00:22) Waymo (GOOG) expands rapidly to 100,000 robotaxi rides a week. (01:23) Microchip Technology (MCHP) suffers cyberattack , shuts down some systems, stock slips. (02:34) Episode transcripts seekingalpha.com/wsb . Show links:  Biggest stock movers today: JD, KEYS, and more Oppenheimer’s top 32 ideas for August-September Pot me...

WHO's Europe regional director says authorities are aware how to control spread of mpox . (0:15) Lowe's issues lowered guidance . (1:18) Twitter buyout the worst finance deal for banks since crisis. (3:02) Show Notes S&P 500 buy and sell ideas for each of the sectors Edgar Bronfman has reportedly raised $5.5B to bid for Paramount Episode transcripts:  seekingalpha.com/wsb Sign up for our daily...