Wall Street Breakfast

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...

Boeing (BA) grounds 777X test fleet after finding cracks in engine mounting structure. (00:24) Tax firm Andersen Global evaluating IPO - WSJ. (01:28) Workhorse (WKHS) raises doubts about ability to continue as going concern. (02:23) Episode transcripts seekingalpha.com/wsb . Show links:  Biggest stock movers today: PANW, FN, and more Evercore sees Powell signaling openness to 50bp rate cut in Jack...

Layoffs come after GM promoted two former Apple execs to run software & services. (0:16) Carl Icahn settles with SEC over margin loans. (3:02) Goldman says market is full of RINO stocks . (3:50) Show Notes AMD to acquire ZT Systems in $4.9B deal to boost data center AI systems capabilities Estée Lauder CEO Fabrizio Freda announces intention to retire Episode transcripts:  seekingalpha.com/wsb...

China's BYD (BYDDF) to set up a plant in Karachi, Pakistan - report. (00:24) UAW chief claims Stellantis (STLA) is price gouging to inflate profits. (01:18) ‘Alien: Romulus’ (DIS) leads box-office sales with domestic premiere. (02:26) Episode transcripts seekingalpha.com/wsb . Show links:  Biggest stock movers today: FUBO, EBS, and more Evercore ISI screens banks likely to fare better when the Fed...

Jay Powell will speak Friday with markets looking for September cut. (0:18)  High expectations for Target earnings. (4:51) X shuts down in Brazil . (5:54) Show Notes Goldman Sachs lowers U.S. recession risk on strong economic data Earnings Calendar Episode transcripts: seekingalpha.com/wsb Sign up for our daily newsletter  here and for full access to analyst ratings, stock quant scores, dividend g...

Stellantis (STLA) shareholders sue company in U.S. after disappointing earnings - report. (00:23) Toyota (TM) considering an all hybrid line-up - report.  (01:35) Kroger (KR) pledges $1B in cuts to grocery items if it can complete Albertsons (ACI) deal - report. (02:48) Episode transcripts seekingalpha.com/wsb . Show links:  Biggest stock movers today: HRB, AMAT, and more Piper Sandler spotlights...

Retail sales allay recession worries with 1% July gai n. (0:14) Walmart rallies on earnings . (2:03) Final prices for first 10 Medicare Part D drugs out. (4:49) Show Notes The 'battleground' stocks shorted by hedge funds, owned by many long-onlys Alibaba posts mixed quarterly results Episode transcripts: seekingalpha.com/wsb Sign up for our daily newsletter  here and for full access to analyst rat...

SoftBank (SFTBY), Intel (INTC) talks to produce AI chip to rival Nvidia (NVDA) reportedly failed. (00:26) Meta (META) shuts down misinformation tool—CrowdTangle despite pleas. (01:28) Serve Robotics (SERV) and Shake Shack (SHAK) roll out autonomous robot delivery via Uber Eats (UBER). (02:19) Episode transcripts seekingalpha.com/wsb . Show links:  Biggest stock movers today: CSCO, NKE, and more Cr...

Retail inflation keeps declining, but rents prove stubborn . (0:16) Nike could be the next activist target. . (3:33) Premier League turns to AI for offsides. (3:58) Show Notes Victoria’s Secret stock soars on prelim earnings beat, new CEO Nvidia, Coherent, Marvell, Apple supply chain updates Episode transcripts:  seekingalpha.com/wsb Sign up for our daily newsletter  here and for full access to an...

Candy maker-Mars strikes deal to buy Kellanova (K) for $30B - report. (00:24) Activist Elliott seeks 10 board seats at Southwest Airlines (LUV). (01:15) GRAIL (GRAL) to focus on multi-cancer early detection; cuts workforce by 30%. (02:36) Episode transcripts seekingalpha.com/wsb . Show links:  Biggest stock movers today: NU, K, and more July CPI in focus but keep watch on retail sales as growth ri...

Starbucks shares jumped as it named Brian Niccol as its new CEO . (0:16) Wholesale inflation comes in soft. (1:49) Traders get jitters about Hawaiian Holdings deal. (4:12) Show Notes BofA’s Fund Manager Survey: Recession fears rise Home Depot points to weak consumer spending trends Episode transcripts: seekingalpha.com/wsb Sign up for our daily newsletter  here and for full access to analyst ratin...

CXApp (CXAI) soars on multi-million dollar deal with Google Cloud (GOOG). (00:25) KFC (YUM) expanding its $5 Value Meal to take on McDonald's (MCD) in price wars. (01:10) J&J (JNJ) makes headway in settling talc baby powder litigation: reports. (01:58) Episode transcripts seekingalpha.com/wsb . Show links:  Biggest stock movers today: RUM, DELL, and more Semiconductors could start recovering i...

After historic volatility shock, high fliers may offer cheap protection . (0:15) Robinhood catches an upgrade . (3:01) B. Riley plunges 50%. (3:52) Show Notes 74 S&P 500 stocks that can beat the cash yield Stock market to stay choppy near term after historic volatility shock Episode transcripts:  seekingalpha.com/wsb Sign up for our daily newsletter  here and for full access to analyst ratings...

EV fires might spark new industry rules in South Korea. (00:27) LL Flooring (LL) commences voluntary Chapter 11 reorganization proceedings. (01:16) 'Deadpool & Wolverine' (DIS) surpasses $1B worldwide. (01:53) NBCUniversal (CMCSA) publishes impressive numbers as Olympics come to a close. (02:27) Episode transcripts seekingalpha.com/wsb . Show links:  Biggest stock movers today: ESPR and HUMA T...

A soft CPI could mean a half-point Fed cut, but also hit stocks . (0:14) Walmart leads retail earnings . (2:33) Disney announces new films , attractions . (6:50)  Show Notes 42 high-quality, low beta stocks to better ‘sleep at night' Chinese robotaxi operator WeRide seeks up to $5B U.S. IPO Fed Governor Bowman cautions against 'overreacting' Episode transcripts:  seekingalpha.com/wsb Sign up for o...

Paramount (PARA) adds to gains with plans to cut 15% of U.S. workforce. (00:23) Taiwan Semiconductor's (TSM) July sales surge nearly 45% amid AI chip demand. (01:21) Amazon (AMZN) to let TikTok (BDNCE) users shop select products without leaving the video app - report. (02:09) Episode transcripts seekingalpha.com/wsb . Show links:  Biggest stock movers today: PARA, TTD, and more Donald Trump thinks...

Intel (INTC) shareholders sue: chipmaker was hiding problems . (00:24) Boeing (BA) boosts output of key Patriot missile components. (01:34) Costco (COST) to scan membership cards at store entrances to deter non-members . (02:30) Episode transcripts seekingalpha.com/wsb . Show links:  Biggest stock movers today: WBD, MNST, and more Monster Beverage falls after cautious guidance, reversal in alcohol...

Household debt rises modestly in Q2: New York Fed Household Debt Report. (00:22) Cannabis MSOs rise as Harris picks pro-marijuana Gov. Tim Walz as running mate. (01:43) Hyundai (HYMTF) to invest $28M in Thailand for EV assembly and batteries. (02:36) Episode transcripts seekingalpha.com/wsb . Show links:  Biggest stock today: SMCI, LUMN, and more Microsoft says Delta declined 'repeated' assistance...

Google (GOOG) (GOOGL) loses antitrust suit over search payments; stock declines further. (00:22) Southwest Airlines (LUV) gains as activist Elliott files 13D filing. (01:18) SunPower (SPWR) files for bankruptcy , enters stalking horse asset purchase deal with Complete Solaria (CSLR). (01:59) Episode transcripts seekingalpha.com/wsb . Show links:  Biggest stock movers today: PLTR, LCID, and more Ma...

Mars in advanced talks to purchase Kellanova (K) - WSJ. (00:21) Coca-Cola (KO) to pay $6 billion in IRS back taxes case, appeal ruling. (01:12) Chevron (CVX) moving to Texas , says California policies discourage investment and hurt consumers. (01:46) Episode transcripts seekingalpha.com/wsb . Show links:  Selloff rocks the globe as markets start the week in panic mode Earnings week ahead: Disney,...