Wall Street Breakfast

Fed Trader Chaim Siegel discusses fundamental and technical bullishness (0:35). CPI perfect numbers, Fed hiking, fighting inflation and bonds (4:00). This is an abridged conversation from a recent Investing Experts podcast.Show Notes:Chaim Siegel Is Bullish For 2024All About Inflation (Again)Bull run rolls on as April CPI makes road to Fed's 2% inflation target look ‘less bumpy’Episode transcripts: seekingalpha.com/wsbSign 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.Register for Seeking Alpha's Investing Summit (with your podcast discount code!)

The core PCE price index for April hits Friday. (0:14) Salesforce, Best Buy and Chewy highlight earnings. (0:55) GameStop cashes in on meme resurgence. (3:02) Show NotesCathie Wood says investors at Great Depression-level of intensity in search for safetyEpisode transcripts seekingalpha.com/wsbSign 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.

Burger King (QSR) to launch $5 value meal to outshine McDonald’s (MCD). (00:30) SEC approves spot ethereum (ETH-USD) ETFs in huge win for crypto world. (01:48) Nvidia (NVDA) cuts AI chip price in China amid competition from Huawei - report. (02:41)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: WDAY, INTU, and moreTesla's Elon Musk no longer in favor of U.S. tariffs on Chinese EVsNorfolk Southern reaches settlement with EPA, DOJ and DOI on Ohio derailmentAlphabet, Meta eye multimillion-dollar AI partnerships with Hollywood studiosSign 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.

Nvidia (NVDA) gains as Q1 results, guidance top expectations; announces 10-1 split. (00:31) Live Nation (LYV) sinks 7% on report DOJ antitrust action is ready. (02:07) Moderna (MRNA), BioNTech (BNTX) close with double-digit percentage gains amid bird flu fears. (03:02)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: NVDA, SNOW, and moreFirst SpaceX satellites for U.S. spy constellation take off; Russia launches 'space weapon'Chip race: South Korea commits $19B for local chip-making to keep an edgeDuPont to split into three companies; Koch to become CEO, succeeding BreenSign 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 health ministry cites adverse effects linked to compound versions. (0:16) Target falls on guidance. (2:44) The real AI boom darling (not Nvidia). (5:02)Show NotesBuzzFeed stock surges as Vivek Ramaswamy discloses 7.7% stakeHybrid vehicle registrations outpace battery-electric vehicles in Europe againEpisode transcripts seekingalpha.com/wsbSign 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.

BHP has hours left to make binding takeover bid for Anglo American (NGLOY). (00:28) XP Power (XPPLF) rejects Advanced Energy's (AEIS) takeover proposal. (01:25) Tesla (TSLA) rallies after highlighting its electric Semi potential during a rare conference appearance. (02:12)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: URBN, VSAT and moreThe real AI stock darling since the boom isn't Nvidia -- Bank of AmericaLululemon continues to lose ground as consumers tastes shift, competition buildsJPM lists stocks with the least price swings, most attractive option-sale candidatesSign 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.

StreamSaver will cost $15/month for Peacock, Netflix and AppleTV+. (0:16) The SEC could do a 180 on an ether ETF. (1:33) Next stop Dow 60,000 and S&P 8,000? (4:15)Show NotesMacy's Q1 results top expectations, lifts guidance, but comp sales remain negativeEpisode transcripts seekingalpha.com/wsbSign 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.

U.S. launches probe of ArcelorMittal (MT) complaint over aluminum patent violation. (00:31) China's Li Auto (LI) postpones all-electric SUV launch. (01:28) Microsoft (MSFT) reveals AI-ready PCs, new Surface models, launch of Recall. (02:03)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: PANW, GOTU, and moreBank stocks: how the biggest lenders are performing as Jamie Dimon suggests JPM is priceyHims & Hers surges on cheap compounded versions of semaglutideFull 180? Ether surges on report of SEC's sudden progress on spot ETF filingsSign 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.

Thousands of items will see everyday price cuts through the summer. (0:16) One of Wall Street's biggest bears waves the white flag. (2:03) Endless shrimp hastens Red Lobster bankruptcy. (4:05)Show NotesNvidia in focus as Barclays, Stifel boost price targets ahead of Q1 resultsThe name Magnificent 7 needs to be retired - GoldmanEpisode transcripts seekingalpha.com/wsbSign 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.

Oil on watch as Iran president's death confirmed; Saudi king treated for lung infection. (00:28) China sanctions Boeing (BA) unit, two other U.S. defense firms over Taiwan arms sales. (01:39) Minnesota lawmakers approve minimum pay deal for Uber, Lyft drivers. (03:06)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: Mining stocks, LI and moreSEC unlikely to green-light spot ether ETFs this weekEarnings week ahead: NVIDIA, Target, Zoom Video, Snowflake and moreSA Roundtable: Are Eli Lilly and Novo Nordisk overvalued?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.

Analysts generally expect another boost in guidance from Nvidia. (0:17) Big win for banks in capital requirement plans? (3:57) UBS picks its favorite AI stocks. (5:59)Show NotesDividend RoundupEarnings CalendarEpisode transcripts seekingalpha.com/wsbSign 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.

Michael Kramer discusses market divergences, interest rates and inflation (0:30). How many rate cuts will we see this year? (6:20) Bleak 2024 earnings picture (11:20). This is an abridged conversation from a recent Investing Experts podcast.Episode transcriptsShow links: Historic week ends with S&P above 5,300, Dow scaling 40K for the first time everS&P 500 Earnings Season Suggest A Dire 2024 ForecastBull run rolls on as April CPI makes road to Fed's 2% inflation target look ‘less bumpy’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.Register for Seeking Alpha's Investing Summit (with your podcast discount code!)

Reddit (RDDT) surges following OpenAI partnership. (00:38) China announces major rescue measures for housing market. (01:25) Cracker Barrel (CBRL) slashes dividend by 80% to fund restaurant overhaul. (02:44)Episode transcripts: seekingalpha.com/wsbShow links: Biggest stock movers today: RDDT, CBRL, and moreAI investing: UBS lists stocks providing exposure to turbocharged AI investment cycleNeuralink looking for second participant for Telepathy cybernetic brain implantUnder Armour's 18-mo reset timetable is too long - analystSign 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.

AT&T (T) goes up against Elon Musk's Starlink with AST SpaceMobile (ASTS) deal. (00:24) China's NIO changing its global strategy as U.S., EU tariffs loom - report. (02:46) Peloton (PTON) hires J.P. Morgan to raise money to refinance debt. (03:49)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: CSCO, CB, and moreWinners and losers from the latest retail sales reportNetflix discloses ad-supported plan tops 40M usersPalo Alto Networks and IBM announces partnership to deliver AI-powered security offerings for customersSign 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.

April CPI comes in as expected. (0:16) Netflix gets Christmas football. (3:08)  Goldman screens for best option plays. (5:11)Show NotesCathie Wood sells over 300K shares of Jack Dorsey’s Block this weekEpisode transcripts seekingalpha.com/wsbSign 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.

Comcast (CMCSA) reveals its own streaming bundle of Peacock, Netflix, Apple TV at deep discount. (00:23) Kenvue (KVUE) prices secondary stock offering as Johnson & Johnson exits. (01:23) CVS risks losing up to 10% in Medicare memberships next year. (01:50)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: DLO, PBR, meme stocks, and moreExxon makes new oil discovery offshore Angola - S&P GlobalBoeing ran afoul of criminal settlement on 737 crashes, DOJ saysU.S. senators push for $32B in emergency spending on AISign 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.

AMC cashes in with equity offering as the meme rollercoaster continues. (0:16) Powell adamant policy is restrictive. (2:07) PPI comes in hot but revisions calm traders. (2:22) Show NotesMeme stock craze continues; GameStop, AMC see multiple volatility haltsBerkshire Hathaway's mystery stock bet might be revealed soon10 lessons from earnings seasonEpisode transcripts seekingalpha.com/wsbSign 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.

Novo Nordisk: Patients on Wegovy maintain weight loss over four years. (00:24)  Walmart to cut corporate jobs, relocate staff - WSJ. (01:28) Uber buys foodpanda delivery business in Taiwan for $950M. (02:19)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: Meme stocks, ALC, and moreHow April CPI inflation data may influence the Fed's rate path decisionStocks with more than 10% short interest - Finviz ScreenerMorgan Stanley names 6 stocks to help investors navigate the consumer downshiftSign 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.

Roaring Kitty tweets and GameStop is off to the races. (0:16) Consumer expecting stickier inflation ahead. (2:15) The best pain trades for bulls and bears. (4:53)Snow NotesMagnificent 7 predicted to reinvest $350 billion this yearNvidia favorite in AI basket, gets Buy rating at JefferiesEpisode transcripts seekingalpha.com/wsbSign 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.

Arm Holdings said to eye AI chip launch next year in major SoftBank bet. (00:24) United Auto Workers faces key vote among Mercedes workers in Alabama. (01:28) Amazon to invest $1.3 bln in France, create 3,000 jobs - report. (02:15)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: ZK, TME, GME, and moreMagnificent 7 predicted to reinvest $350 billion this yearWorkers at Apple's first unionized store vote to authorize strikeSouth Korea plans over $7B aid package to boost local chip industry - 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.