Wall Street Breakfast

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,...

The Market Pinball Wizard, Avi Gilburt, shares how the market forces the Fed's hands (0:05). FX prediction: sizable decline coming in 2nd half of 2024 in DXY, then a multi-year rally. Will emerging markets outperform S&P? (1:40) Investing in an election year (5:15). Why it's time to get out of dividend plays (7:15). This is an abridged conversation from a recent Investing Experts  podcast . Ep...

Intel (INTC) crashes as Q2 results, guidance miss expectations; lays off 15% of staff. (00:26) FTC to investigate why grocery prices remain high despite lower costs for retailers. (02:17) Eli Lilly (LLY) CEO says weight loss drug shortage is ending. (03:31) Episode transcripts seekingalpha.com/wsb . Show links:  Biggest stock movers today: AMZN, INTC, and more Snap dives 23% on narrow revenue miss...

The Bank of England cut rates to 5% in a tight 5-4 vote. (0:15) Hershey takes a hit on sale s. (4:17) Eli Lilly weight-loss drug cuts hearth-failure risk. (5:40) Show Notes Continuing jobless claims highest since November 2021 Arm Holdings sinks as Wall Street defends after Q1 results, guidance Episode transcripts:  seekingalpha.com/wsb Sign up for our daily newsletter  here and for full access to...

Applied Materials (AMAT) said to be denied CHIPS Act funding for $4B research center. (00:24) Meta earnings call: Better spending on AI now , rather than too late. (01:37) Delta Air Lines (DAL) CEO sees $500M hit from CrowdStrike-Microsoft (CRWD) (MSFT) outage. (02:42) Episode transcripts seekingalpha.com/wsb . Show links:  Biggest stock movers today: META, TDOC, and more Nancy Pelosi buys more Nv...

The Federal Reserve keeps rates unchanged , brings more focus to jobs market. (0:14) Fed chief Jay Powell says September cut is on the table . (0:50) Stocks rally , led by the Nasdaq. (1:52) Show Notes Favorite high-yield dividend stocks - BMO Boeing names Kelly Ortberg as next chief executive Episode transcripts:  seekingalpha.com/wsb Sign up for our daily newsletter  here and for full access to...

Meta to pay $1.4B for Texas biometric lawsuit settlement. (00:31) Flight refunds : Pete Buttigieg urges airline CEOs to comply with new law. (01:31) DOJ files complaint against Norfolk Southern for not ceding freight traffic to passenger trains. (02:46) Episode transcripts seekingalpha.com/wsb . Show links:  Biggest stock movers today: AMD, ASML, and more Only one Mag 7 name is in the top 20 S&amp...