Wall Street Breakfast

Sports betting shakeup: ESPN (DIS) bets big with PENN in deal aimed at clipping DraftKings' and FanDuel's dominance. (00:28) Amazon (AMZN) is latest heavyweight in talks to anchor Arm IPO - report. (01:49) China's CPI falls for first time in over two years; PPI drops more than expected. (02:40) Transcripts available on Seeking AlphaShow links:Biggest stock movers today: PENN Entertainment, WeWork and moreRivian Automotive boosts full-year deliveries guidanceHoliday sales grab: Amazon plans to hold a major shopping event in OctoberPlug Power Q2 earnings on deck, what to expectESPN moves into sports betting, teaming with PENN on ESPN BetCatalyst Watch: Wayfair and Kellogg events, Alibaba earnings and AI hacking test at Def Con