Wall Street Breakfast

The U.K. goes ahead with phasing out legal cigarettes and Ohio legalizes marijuana. (0:15) Warner Bros. Discovery plunges despite 'Barbie.'(2:36) Grand Theft Auto VI hype gears up. (3:22)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.Show NotesTop 10 exchange traded fund inflow leaders of 2023Robinhood stock slides on Q3 revenue miss, expense guidanceRoblox surges as Q3 results top estimates; will give guidance starting next year

Credit card debt hits new record, delinquencies rise most among millennials. (00:23) CarGurus (CARG) to fully acquire online car dealership CarOffer for $75M. (01:27) Virgin Galactic (SPCE) cuts jobs to support Delta spaceship production. (02:04)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.Show links: Biggest stock movers today: Rivian, Robinhood, Upwork and moreWall Street’s top 10 growth stocks according to SA Quant RatingsJ.M. Smucker forms new strategic business area, makes changes to leadership teamPG&E files for federal extension of Diablo Canyon power plant operations

Tighter lending standards signal the downturn. (0:15) Celsius says it's the top energy drink on Amazon. (1:57) Barclays says there's more pain to come for office real estate. (3:00)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.Show NotesChart: Recession probability vs. SLOOSUber in charts: Double-digit growth for total gross bookings, active customers and tripsTop 7 tech stocks with even more growth opportunity

WeWork (WE) files for Chapter 11 bankruptcy protection. (00:23) Lucid Group (LCID) is the latest electric vehicle maker to move to NACS charging standard. (01:12) GM, Cruise to hit brakes on Origin robotaxi production as safety woes mount. (02:00)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.Show links: Biggest stock movers today: Alteryx, TripAdvisor and moreVMware collaborates with Intel to unlock private AI everywhereKinder Morgan to buy NextEra Partners' south Texas assets in ~$1.8B dealOMV, Abu Dhabi near deal to form €30B chemical giant - Bloomberg

South Korea halts shorting stocks until June. (0:15) DISH Network tumbles as CEO departs (2:48) The U.S. is closer to a recession than you think. (4:07)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.Show NotesBerkshire Hathaway Q3 earnings rise 41% Y/Y, cash holdings jump to $157BDisney taps longtime PepsiCo exec as new finance chiefBumble CEO stepping down, to be replaced by Salesforce exec

Fortnite maker Epic Games takes Google (GOOG) (GOOGL) to court over antitrust claims. (00:23) Palo Alto Networks (PANW) close to buying Talon Cyber Security for $600M-$700m - report. (01:54) Elon Musk unveils Grok AI bot with real-time access to X data to rival ChatGPT. (02:36)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.Show links: Berkshire Hathaway Q3 earnings rise 41% Y/Y, cash holdings jump to $157BOil edges up after Saudi Arabia, Russia stick to production cutsSilicon Valley Bank was not a one-off, many more banks will fail - Duke professor

Matthew Tuttle and Rob Isbitts discuss this week's extremely important data (0:10). T-Bills yielding over 5%, quickly changing sentiment and market technicals (3:00). Monster-size US debt (7:20).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.Show links:Tuttle Capital ManagementRob Isbitts, Sungarden Investment PublishingWall Street Breakfast: The Week AheadWall Street Breakfast: What Moved MarketsRate Watching And Why The Bond Market Matters

Catalyst watch for the week of November 5. Seeking Alpha Senior Executive Editor Kim Khan on a quiet week ahead on the macro-front and why consumer sentiment is just like any other poll. (00:21) Julie gives a brief earnings preview of Disney (DIS). (03:10) They also discuss Disney acquiring Comcast’s (CMCSA) stake in Hulu and the Six Flags (SIX), Cedar Fair (FUN) merger. (04:57)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.Show links:Hulu's valuation still up in the air as Disney to buy Comcast stakeSix Flags, Cedar Fair ride higher amid upgrades at Citi, B Riley on merger hopesUber, Lyft seen having strong Q3 results, though with lower multiples - UBS

There are signs of a loosening labor market that the Fed will like. (0:15) The 10-year Treasury yield tumbles again. (1:40) Will AI eliminate every job? (3:19)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.Show NotesBanks at 80-year low vs. S&P 500 and tech is at an all time highReading Wall Street Research Like A ProThe Las Vegas Strip is a week away from its biggest worker strike in history

Sam Bankman-Fried found guilty on all seven criminal counts. (00:23) Apple (AAPL) slips even as Q4 sales top estimates. (01:59) Amazon (AMZN) to shut apparel stores to focus on grocery business. (03:03)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.Show links: Biggest stock movers today: Apple, Block, Digital Ocean and moreElon Musk warns AI will make all jobs obsolete at some pointBroadcom CEO met with Chinese officials over weekend amid VMware deal - report (update)Novo Nordisk says ~80% of insured U.S. patients pay less than $25 for Wegovy

Stocks are off the the races and yields sink as market looks to move past the Fed. (0:15) U.S. productivity saw the highest non-COVID acceleration since 2009. (1:25) Palantir Technologies (PLTR) rallies post-results. (2:51)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.Show NotesReading Wall Street Research Like A ProGoldman Sachs' 25 'conviction list' stocks to buyStarbucks rallies after comparable sales, margins shine in FQ4

Disney (DIS) expects to pay Comcast (CMCSA) $8.61B by Dec. 1 for Hulu. (00:27) Cedar Fair (FUN), Six Flags (SIX) gain amid reports of potential merger. (01:55) Live Nation (LYV) falls amid report DOJ probing deals with artists, venues -report. (02:52)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.Show links: Biggest stock movers today: Qualcomm, PayPal, Roku, Fastly and moreGoldman Sachs' 25 'conviction list' stocks to buyRayonier targets $1B in asset sales as part of a plan to improve shareholder valueEtsy falls after macro backdrop impacts the retailer's outlook for the holiday quarter

The FOMC keeps rates steady at 5.25%-5.5%. (0:15) Jay Powell says the questions is 'should we hike more?' (1:20) Atlanta GDP Now forecast for Q4 tumbles on weak manufacturing. (0:59)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.Show NotesISM Manufacturing unexpectedly falls in October as demand stays softU.S. Treasury boosts quarterly refunding to $112B of securities

Bayer (BAYRY) slapped with $332M jury verdict in Roundup cancer trial. (00:29) Real estate stocks slump amid report NAR, brokerages guilty of collusion. (01:32) WeWork (WE) poised to file for Chapter 11 bankruptcy next week - report. (02:38)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.Show links: Biggest stock movers today: Paycom Software, CRISPR Therapeutics and moreCRISPR, Vertex gene editing therapy gets warm response from FDA panelGenerative AI in 'very early days' for software giants like Microsoft, Salesforce - Deutsche BankU.S. automakers oppose Cleveland-Cliffs bid for U.S. Steel - reportTesla eyes producing 200,000 Cybertrucks annually - Elon Musk

Analysts say timing Mac announcement right before earnings is odd. (0:15) Stanley Druckenmiller slams Janet Yellen. (3:04) Morgan Stanley stands firm with prediction of S&P drop to close out year. (5:25)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.Show NotesU.S. chip curbs put Nvidia's $5B of China orders at riskCaterpillar’s stock falls amid investor concerns about future growthPfizer posts rare topline miss in Q3 amid COVID cliff

Albemarle (ALB), lithium names plunge as supply storm merges with weakening demand. (00:25) SolarWinds (SWI), chief information security officer charged with fraud by SEC. (01:52) Jabil (JBL) to produce, sell Intel's (INTC) silicon photonics components. (02:48)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.Show links: Biggest stock movers today: BP, Pinterest, Lattice Semiconductor and moreApple takes wraps off 'scary fast' Macs with M3 chipsSpirit Airlines plunges as investors hope for settlement with DOJ over JetBlue fadesX is now worth less than half of what Elon Musk paid to buy TwitterBiden's Alaska oil plan seen as major threat to future drilling - Bloomberg

The executive order establishes standards for safety and security. (0:15) Will Treasury refunding overshadow the Fed. (1:50) McDonald's (MCD) tops profit and sales forecasts. (3:21)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.Show NotesSkeptical of a recession? Goldman likes beaten-down cyclical stocksOn Semiconductor drops as fourth quarter forecasts miss estimatesG7 economies to agree on AI guiding principles for companies - report

G7 economies to agree on AI guiding principles for companies - report. (00:27) UAW reaches tentative agreement with Stellantis (STLA), expands strike against GM. (01:57) Boeing (BA) weighing ransomware threat from hackers. (03:10)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.Show links: Biggest stock movers today: Coherus BioSciences, ArcelorMittal and moreHSBC net profit more than triples in Q3; $3B stock buyback plannedCiti explores a Disney trade-off: ABC and India for HuluEvergrande gets last chance for debt deal to avert liquidation; stock hits record low

Catalyst watch for the week of October 29. Seeking Alpha Senior Executive Editor Kim Khan on the 2-day FOMC meeting. (00:21) Julie gives a brief earnings preview of McDonald’s (MCD), Starbucks (SBUX), and Eli Lilly (LLY). (03:35) They also discuss Hershey (HSY), the consumer report about lead levels in its products, the impact of the price of cocoa, whether the company should be concerned about weight loss drugs and the upcoming holiday season. (04:53) Hot topic: Kim’s Wall Street Halloween costume ideas. (07:13)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.Show links:Catalyst Watch: Apple earnings, Fed policy meeting, jobs reportEli Lilly: The GLP-1 Opportunity, While Increasingly Recognized, Is Vastly UnderestimatedMcDonald’s Q3 earnings on deck, what to expectBrewing Up Profits: Starbucks' Q4 Earnings Preview

September personal spending tops forecasts, but incomes lagged. (0:15) Exxon Mobil (XOM) boosts its dividend. (3:14) Certain Apple Watch models to be prohibited from being imported into the U.S. (4:09)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.Show NotesDataTrek: Lofty valuations aren't limited to Big Tech; cites Lilly, MastercardDividend Roundup: Visa, Wells Fargo, Morgan Stanley, Costco, and moreChevron slides after Q3 miss, with sharp drop in upstream results