Wall Street Breakfast

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 moreNancy Pelosi buys more Nvidia, sells MicrosoftRussell 2000 rise: Top 5 best, worst performers during July's rally in small-cap stocksGundlach says Fed should’ve cut rates in July, sees room for reduction of 150bpsSign 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.