Wall Street Breakfast

Meta CEO Zuckerberg's speech and Southwest's Investor Day highlight events of the week. (0:18) Fed's favorite inflation gauge seen rising. (1:46) Micron earnings will grab AI attention. (3:04)Show NotesGoldman Sachs’ Rubner: Negative near termEarnings CalendarDividend RoundupEpisode 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.

Nike (NKE) faces challenges even as a new CEO brightens the spirits of investors. (00:26) Warren Buffett's Berkshire (BRK.B) continues to trim Bank of America (BAC) stake. (01:55)  Macy's (M) to hire fewer employees for holiday season this year. (02:39)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers Friday: FDX, NKE, and moreOpenAI's possible pursuit of IPO creates unique challengesJ&J said to boost offer to settle baby powder lawsuits to over $8.2BDisney to stop using Slack as its corporate messaging platform - WSJSign 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.

J.P. Morgan CEO says current geopolitics are biggest risk to financial markets. (0:16) S&P 500 takes out 5,700 in a delayed post-Fed rally. (1:15) Alibaba unveils 100 open-source AI models. (4:01)Show NotesSmall cap stocks that could perform best during downturnsEpisode 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.

FedEx (FDX) Q1 earnings on deck: What to expect. (00:21) Alphabet's (GOOG) Waymo and Hyundai (HYMTF) may join hands for self-driving cars - report. (02:02) Ray of shine for Boeing (BA): Chinese aircraft lessor orders 50 737 MAX. (03:17)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers Thursday: PLUG, NIO, and moreReaction Roundup: SA analysts, experts weigh in on Fed's jumbo rate cutJamie Dimon: Geopolitical tensions, 'evil axis' countries are top concernTesla's upcoming robotaxi event has analysts and investors guessingSign 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.

Fed chief Powell says the move will shore up the labor market while it's strong. (0:16) Stocks closed down with traders looking for even more aggressive cuts this year. (1:31) Lionsgate makes an AI movie production deal with Runway. (4:09)Show NotesFederal Reserve sees two more interest-rate cuts by end of 2024, dot plot showsThe 50-bp rate cut is a sign of the Fed's confidence: Powell press conferenceEpisode 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.

East, Gulf coast port strike looks inevitable as talks stall; Biden unlikely to intervene. (00:24) BlackRock (BLK), Microsoft (MSFT), Nvidia (NVDA) team up to launch $30B AI infrastructure fund. (02:10) Coca-Cola (KO) makes a new alcohol move with a test run of Bacardi rum and coke drinks. (03:08)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers Wednesday: LUNR, CWST, and moreSnap releases latest AR glasses, Spectacles, targeted at developersEU to impose hefty fines on Meta over classified ads practices - reportUnited States Steel gains on reports it won an extension for US review of Nippon SteelSign 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.

The chipmaker embarks on a significant restructuring plan. (0:16) Retail sales unexpectedly climb. (1:38) Microsoft boosts its dividend, OKs $60 billion buyback. (3:43)Show NotesSA Sentiment: Will the Fed cut rates by 50 or 25 basis points?Small-cap stocks best positioned for further upsideEpisode 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.

Tupperware (TUP) reportedly to file for bankruptcy as soon as this week. (00:25) New Amazon (AMZN) plan: Workers in the office five days a week, leaner management. (01:24) UAW files complaint against Stellantis (STLA) for violating terms of 2023 contract. (02:20)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: INTC and APPFree speech? TikTok in court to argue against U.S. banIntel unveils foundry update, Amazon deal for AI chips; pauses Germany, Poland plantsBoeing’s 2008 strike offers clues on current work stoppageSign 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.

Target plans early October deals as the Holiday season keeps starting earlier. (0:16) Apple iPhone 16 Pro demand looks weak. (3:06) Anheuser-Busch looks to make Michelob Ultra the top beer brand. (4:38)Show NotesGoldman rebalances its long and short duration stock basketsCiti cuts estimates on Applied Materials, Lam Research, KLAEpisode 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.

Donald Trump (DJT) safe after apparent assassination attempt at Florida golf club. (00:28) Intel (INTC) is said to qualify for $3.5B in military chip grants. (01:52) Oracle (ORCL) rally: Larry Ellison briefly overtook Bezos to be world's second-richest person. (02:59) Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: DJT, INTC and moreStock moves reflect downgrade for US economic growth outlook - GoldmanWall Street is alarmed about weaker consumer-credit trends: WSJBoeing strike may drag on, workers have 'most leverage' than ever before - union bossSign 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.

The market is split on the Fed cutting by a quarter or half point. (0:18) FedEx is the big earnings report this week. (3:22) Disney and DirecTV agree a deal to end blackout. (4:30)Show NotesInternet stocks with high interest income could see free cash flow dragsEarnings CalendarDividend RoundupEpisode 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.

Boeing (BA) workers reject contract, set to strike at midnight. (00:21) Fortinet confirms breach after hacker boasts of data theft: report. (01:51) FirstEnergy reaches $100M settlement with SEC in HB 6 bribery scandal. (03:00)Episode transcripts seekingalpha.com/wsb.Show links: China to raise retirement age as workforce shrinks, aging population growsGS strategist says quality small-cap stocks worth a look as the Fed embarks on rate cutsNoom launches cheaper compounded version of Novo's semaglutideSign 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.

The automaker's U.S. dealer network hits out at management in an open letter. (0:15) PPI revisions bolster smaller rate cut predictions. (1:24) McDonald's extends its $5 menu. (3:52)Show Notes5 reasons why stock market volatility persistsAlaska Air rallies after hiking profit guidanceEpisode 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.

Boeing could face strike as workers push back on tentative contract. (00:22) OpenAI reportedly in talks for $6.5B in funding at a $150B valuation. (01:45) BurgerFi International (BFI) files for Chapter 11 bankruptcy protection. (02:24)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: NTGR, OXM, and moreU.S. considering Nvidia chip exports to Saudi Arabia- reportSentinelOne sees increased interest after CrowdStrike incident, CEO saysFox could shake up the sports betting sector with the activation of its FanDuel stakeSign 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.

Core retail inflation a tad hot, boosting odds of quarter-point Fed cut. (0:16) GameStop tumbles after sales fall. (2:25) Arm Holdings named a top pick. (3:39)Show NotesUBS updates its ‘election watch’ stocks to match new winning probabilitiesEpisode 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.

Microsoft (MSFT) CTO hints at new 'super important' AI product emerging. (00:26) Starbucks (SBUX) CEO says strategy will include refocusing on community coffeehouse vibe. (01:30) Apple (AAPL) sends hearing aid stocks lower on AirPods upgrade. (03:05)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: GME, DJT, and moreU.S. accuses Iran of supplying missiles to Russia, West responds with fresh sanctionsPresidential debate recap:Trump, Harris spar at second U.S. presidential debateTrade, inflation, healthcare and energy policy among talking points at Harris/Trump debateDonald Trump says he's 'a big fan' of solar powerTrump win would hit Treasury prices - INGSign 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.

The revised hike is well below the 19% floated in the original plan. (0:15) Oracle rallies sharply after results. (3:00) DOJ argues at trial Google 'crushed' ad competition. (4:05)Show NotesOppenheimer lists best stock ideas going into the 2024 U.S. electionsCiti screens for mid-cap tech stocks for barbell investment approach with Magnificent 7Episode 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.

Taiwan exports notch new record on AI boom, recovery in shipments to China. (00:24) Under Armour (UA) slashes fiscal 2025 outlook on updated restructuring plan. (01:41) Uber's (UBER) Khosrowshahi sees significant growth potential in AV, sponsor listing, plans for buybacks. (03:01)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: ORCL, RBRK, and moreGameStop earnings preview: Do investors want more than retro stores and cash hoarding?U.S. natural gas slumps as Gulf of Mexico storm seen slamming demandApple loses EU court battle over €13 billion Irish tax caseHarris-Trump debate: Plans for the economy in focusSign 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.

The company confirms Apple Intelligence will launch in October. (0:15) 'Beetlejuice Beetlejuice' is a hit. (4:07) 50 stocks that could see tax-loss selling. (4:58)Show NotesAir Canada prepares for shutdown as union talks hit deadlockSummit stock soars as lung cancer drug beats Merck’s Keytruda in late-stage trialEpisode 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.

DirecTV files FCC complaint accusing Disney (DIS) of stifling competition. (00:21) Big Lots (BIG) prepares for bankruptcy, agrees sale to Nexus Capital. (01:20) Panasonic (PCRFF) set to make next-gen EV cells at Japan plant - report. (02:27)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: BIG, PLTR, and moreGoogle vs. DOJ: Second antitrust showdown to begin, this time over advertisingOnlyFans creators made $5.32B in 2023Janet Yellen says recent data points to soft landing for U.S. economySign 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.