Wall Street Breakfast

Live Nation reportedly faces antitrust lawsuit, shares drop

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Synopsis

Live Nation (LYV) drops on reports Justice Dept. may file antitrust lawsuit next month. (00:32) U.S. government expected to award all CHIPS Act grants this year. (01:28) Microsoft (MSFT) invests $1.5B in UAE-based AI firm G42. (02:17)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: ERIC, LYV, and morePeloton pulls unlimited free app membership tier as it fails to draw paid usersRemain cautious on defense stocks amid Iran escalation: Wells FargoBroadcom questioned by EU regulators over VMware licensing: reportSign 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.