Wall Street Breakfast

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.

CPI shelter costs will be closely watched by the Fed. (0:17) Walmart reports results as consumers stumble. (1:58) OpenAI expected to debut Google search competitor. (4:58)Show NotesBarclays spotlights 44 stocks to watch if inflation remains stickyEarnings CalendarDividend RoundupEpisode 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.

AI data center spending boom and the end of US exceptionalism (0:20). Why everyone should own gold miner stocks (2:40). Is the Fed handling inflation? (5:35) 10-year yield outlook short and near term (8:40). This is an abridged conversation from a recent Investing Experts podcast.Episode transcripts: seekingalpha.com/wsbShow links:T-bills, gold and macro volatilityGold jumps to highest in a month as data signals slowing economy, likely rate cutsCitadel CEO Ken Griffin sees the Fed likely cutting interest rates later in 2024Sign 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/subscriptionsRegister for Seeking Alpha's Investing Summit (don't forget your podcast discount code!)

New tariffs on Chinese EVs, other sectors expected next week - report. (00:25) OpenAI to unveil Google (GOOG) (GOOGL) search rival next week - report. (01:26) McDonald's (MCD) beefing up investment in digital marketing.  (03:09) Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: U, NVAX, and moreElon Musk’s Neuralink reports malfunction in first in-human brain implantFord tempering pledge to go full-EV in Europe by 2030BP aims to buy Tesla supercharging sites for U.S. expansion - BloombergSign 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.

Sony and Apollo group would shed a number of Paramount assets if their bid is successful. (0:16) Roblox tumbles on weak booking forecast. (3:07) Manhattan authorities bust major shoplifting fencing ring. (4:48)Show NotesInvestor bullishness is spreading beyond the stock market - SentimenTraderPlug Power slides after posting larger than forecast Q1 lossEpisode 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.

Disney (DIS) and Warner Bros. (WBD) unveil streaming bundle, similar to cable TV package. (00:22) General Motors (GM) saying goodbye to Malibu to increase production of EVs and hybrids. (01:06) Chinese EV maker NIO to launch its lower-priced brand Onvo on May 15 - report. (02:09)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: ABNB, ARM, SEDG, and moreShoplifting crackdown: Retail theft ring targeting Macy's, other retailers bustedSeasonal U.S. demand for gasoline, diesel worst since 2020, hitting refining marginsSony, Apollo plan to sell CBS, cable channels after buying Paramount - NYTScattered Spider hacking group said to target banks, insurersSign 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.

Biden administration reportedly revokes export licenses to supply Huawei with chips. (00:24) Reddit (RDDT) delivers profitable quarter on an adjusted EBITDA basis in first results since IPO. (01:13) Royal Caribbean (RCL) to hire thousands to keep up with record cruise demand - report. (02:23)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: LYFT, RIVN, TWLO, and moreBoy given Pfizer experimental Duchenne muscular dystrophy therapy diesTesla in China: Elon Musk eyes robotaxi testing; top exec returns to lead local businessTikTok sues U.S. government over law forcing its sale or banSign 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.

Tim Cook calls it the biggest iPad day since its introduction. (0:16) Disney sinks on revenue miss. (2:17) Reasons not to sell in May. (4:45)Show NotesDruckenmiller cuts Nvidia stake, says AI may be 'overhyped' near termPalantir sell-off is 'golden buying opportunity,' Wedbush saysEpisode 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.

Lucid (LCID) erases intraday gains on downbeat Q1 results. (00:24) Japan may intervene if yen (USD:JPY) fluctuates excessively, top forex official warns. (01:08) Boeing's Starliner (BA) launch delayed due to faulty valve. (02:26)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: PLTR, LCID, and moreBP p.l.c. misses top-line and bottom-line estimates; initiates Q2 and reaffirms FY24 outlookBlackRock sees 3 reasons why stock investors should stay in the market in MayAmazon plans to invest nearly $9B to boost cloud infrastructure in Singapore - 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.

Elon Musk says Berkshire should take Tesla stake after trimming Apple. (0:16) Robinhood Crypto gets SEC Wells Notice. (1:41) iPhone takes top 4 spots in Q1 smartphone sales. (2:18)Show NotesEarnings estimates for the Magnificent 7 are ramping up. What about the other 493?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.

Up, up and away: Space investment in focus as Boeing's Starliner (BA) gets ready for blastoff. (00:26) Perficient Inc. (PRFT) to be acquired by EQT for about $3B. (01:30) Starbucks (SBUX) ex-CEO Howard Schultz: U.S. operations need major fixes. (02:22) Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: Crypto stocks, MPW, LAZR, and moreEarnings week ahead: Disney, Palantir, Shopify, Uber, Plug Power and moreParamount now in formal negotiations with Apollo, Sony over acquisitionFord has an $80B beast under the hood. Will investors start noticing?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.

Focus returns to Disney numbers, streaming after proxy battle. (0:18) First iPad update in 18 months expected. (1:59) Warren Buffett's Q&A. (2:45)Show NotesGoldman’s top 50 Stable Growth stocksFull earnings calendarCatalyst WatchEpisode 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.

Dave & Buster's (PLAY) arcade game betting venture sparks youth gambling concerns. (00:25) Rivian (RIVN) lands $827M in state funding to help expand manufacturing plant in Illinois. (01:16) Apple (AAPL) Q2 results top expectations despite iPhone fears; unveils $110B buyback. (02:06)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: AAPL, SQ, and moreJ.P. Morgan cautious on crypto with retreat by retail investors, dearth of upside driversMarijuana opposition group raising money to fight cannabis reschedulingSony, Apollo send letter advancing $26B Paramount bid - reportsSign 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.

Peloton also announces layoffs, but shares fall post-earnings. (0:16) Novo Nordisk faces weight-loss drug price competition. (2:20) Second Boeing whistleblower dies. (3:28)Show NotesNed Davis Research’s Crowd Sentiment Poll ends another long streak of optimismEpisode 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.

Exxon (XOM) set to win FTC OK for Pioneer (PXD) deal, but without Sheffield on board - report. (00:24) Carvana (CVNA) shorts to be potentially put to the test as stock soars after hours on Q1 results. (01:15) Google (GOOG) (GOOGL) to lay off hundreds in 'Core teams,' move some jobs to India, Mexico: report. (02:07)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: QCOM, DASH, and more'Sell in May and go away': Does it apply in 2024?These are the 10 biggest ETFs focused on Artificial IntelligenceNovo Nordisk lifts guidance as Ozempic, Wegovy sales surge; but stock falls 3%Bitcoin starts May with a downward spiral, sliding to below $60K markSign 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.

Chairman Powell still looking for a cut as next move. (0:18) Stocks lose their Fed bounce, but yields slide. (0:38) CVS hits 52-week low. (3:39)Show NotesViking Holdings jumps 10% above its IPO pricing level in opening tradingWill April's pullback bring 'May flowers’ for stocks? Or is it time to sell in May and go away?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.

Coffee jolt: Starbucks (SBUX) drops to 52-week low after full-year guidance slash. (00:24) Cruise operator Viking (VIK) prices IPO at $24 a share, near top of range - reports. (01:54) Google (GOOG) (GOOGL) to pay News Corp. (NWSA) up to $6M annually to develop AI content, products: report. (02:47)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: AMD, PINS, SMCI, and moreExpect no rate change, hawkish tone, balance sheet clues at Fed meetingAmazon sticks with the master plan of no dividend payouts, heavy capex spendingMicrosoft plans cloud, AI infrastructure in Thailand, to open 1st data center in the countrySign 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 reported move falls short of legalizing recreation pot use. (0:16) Eli Lilly boosts outlook on weight loss drug performance. (1:01) Wage inflation comes in hot for Q1. (2:56)Show NotesCiti upgrades energy sector, says stocks can recover quickly from geopolitical joltsEpisode 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.

NBC (CMCSA) pitches paying $2.5B a year for NBA TV rights to edge out Warner Bros' (WBD) TNT. (00:30) FCC fines U.S. wireless carriers nearly $200M for illegally sharing location data. (01:22) USDA now inspecting ground beef due to avian flu outbreak in cows - report. (02:38)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: NXPI, MSTR, ST, and moreAmazon earnings are coming. Could a dividend announcement be part of the mix?Tesla's big rally on China developments is called overdone by Wells FargoLululemon downgraded as apparel tastes change, competitors gain in popularitySign 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.