Wall Street Breakfast

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.

The market may not be as tethered to the Fed as people think. (0:16) The yen's free fall prompts intervention to support it. (1:40) Apple gets an upgrade ahead of earnings. (3:44)Show NotesWith rate cuts pushed out, Goldman looks at quality stocksTesla's 'watershed' moment in China helps lift Chinese electric vehicle stocksEpisode 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.

Philips (PHG) to pay $1.1B to settle U.S. litigation over recalled sleep apnea devices. (00:26) Turkey in talks with Exxon (XOM) over multibillion dollar LNG supply deal - FT. (01:53) Skydance makes 'best and final' offer for Paramount Global (PARA) - Bloomberg. (02:54)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: TSLA, PHG, and moreIPO watch: Cruise line operator Viking to go public as it looks to cash in on baby boomer buzzJapanese yen rebounds on suspected intervention from TokyoEarnings week ahead: Amazon, Apple, Pfizer, AMD, Coca-Cola, Starbucks and moreMicroStrategy stands to flourish if it implements new accounting rules, analyst saysSign 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.

Traders will be looking for any hints to the timing of rate cuts. (0:17) Apple and Amazon lead the earnings parade. (2:06) Elon Musk makes surprise visit to China. (4:12)Show NotesSA Analyst Roundtable: When will the Fed cut rates?Earnings CalendarBaird says short interest increased in April in the fashion and wellness industriesEpisode 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.

Amrita Roy and Rob Isbitts are both bullish on gold and T-bills (0:25). Inflationary and deflationary tug of war, macro volatility and central banks piling into gold (1:25). Why liquidity is the glue that drives everything forward (5:00). This is an abridged conversation from Seeking Alpha's Investing Experts podcast.Episode transcripts: seekingalpha.com/wsbShow links:Upside/Downside Tug Of WarHere Comes The Stagflation Debate10-year yield tops 4.5% after strong CPI 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.

Snap sees up to 18% revenue growth in current quarter, stock rockets. (00:24) Alphabet (GOOG) (GOOGL) jumps as YouTube, search drive easy revenue beat. (01:55) Microsoft (MSFT) jumps as Azure continues strong growth, aided by AI. (03:21)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: GOOG, MSFT, SNAP, and moreHertz slides 20% as depreciating Teslas dent the bottom lineHonda to spend C$15B to expand electric vehicle efforts in CanadaFCC votes to bring back net neutrality rulesSign 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.

GDP +1.6%, the slowest pace in 2 years, as inflation came in hot. (0:16) Wall Street rushes to defend Meta stock. (3:33) Biggest oil ETF sees biggest outflows ever. (4:42)Show NotesDavid Einhorn: Gold demand from the East is pushing its price higherOnly 14 S&P stocks have a 3% yield and have climbed over 10% YTD7 Stocks in Fin-tech and Payments Baird analysts like the mostEpisode 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.

Nvidia (NVDA) to buy two Israeli startups aiming to run AI models more cheaply. (00:25) META earnings call: More spending on AI ahead before payoff. (01:14) Microsoft-backed Rubrik (RBRK) prices IPO at $32/shr, above indicated range. (02:32)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: META, IBM, F, and moreWalmart, Kroger shares hint at concerns about Amazon's low-cost delivery plan, UBS saysGDP watch: U.S. economic growth likely slowed in Q1BHP weighs potential takeover of Anglo American - Bloomberg (update)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 topped estimates on the top and bottom lines. (0:16) AT&T reaffirms guidance. (1:46) Iron ore futures hit highest level in 7 weeks. (3:53) Show NotesStock investors facing 'meaningful losses' but hope lies in key metricDurable goods orders rise more than expected in MarchEpisode 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.

Google (GOOG) (GOOGL) delays phaseout of third-party cookies in Chrome yet again. (00:26) Tesla (TSLA) rallies after pointing to its upcoming affordable models. (01:10) FTC votes to ban non-compete clauses. (02:08)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: TSLA, TXN, ENPH, and moreJPMorgan CEO Jamie Dimon: U.S. economy is booming, but beware of fiscal dominanceGrayscale files to register shares of ethereum trust, plans for lower-fee substituteHistory suggests the materials sector is about to hit a seasonal peak, RenMac saysSign 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.

State Senator's bill would ban Clear Secure from security areas across the state. (0:16) GM handily beats earnings forecasts. (2:33) Apple sets special event for May 7. (4:22)Snow NotesJ.P. Morgan's Kolanovic says the correction in stocks isn't finished yetU.S. PMI Manufacturing unexpectedly slips into negative territory in AprilEpisode 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.

UnitedHealth (UNH) confirms personal data compromised in cyberattack. (00:28) China reportedly bought Nvidia (NVDA) AI chips embedded in Super Micro (SCMI), Dell servers. (01:24) New York Stock Exchange (ICE) gauging interest for 24/7 stock trading. (02:43)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: IBRX, NVS, and moreFTC sues to block Capri Holdings $8.5B sale to TapestryHeaded into earnings, most Magnificent 7 stocks are well off their 2024 peaksCalifornia bill aims to ban Clear from airport security linesSign 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.

UBS downgrades Apple, Amazon, Google, Meta, Microsoft and Nvidia. (0:16) Five risks to the $2 trillion private credit market. (1:55) Expect 13 new weight-loss drugs by '29. (5:11)Show NotesGoldman picks top capex and R&D stocksTesla skids to a new 52-week low with earnings on tap for TuesdayVerizon gains as Q1 earnings top estimatesEpisode 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.

Tesla (TSLA) price cuts go global; cost of Full Self-Driving slashed by a third. (00:26) Salesforce's (CRM) talks to acquire Informatica (INFA) flame out - WSJ. (01:39) MEVCO, Rivian (RIVN) ink pact to provide EVs to the mining industry. (02:27) Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: INFA, crypto-related stocks and moreEarnings week ahead: Tesla, Meta Platforms, Google, Microsoft, Intel, Exxon Mobil, and moreCitadel calls Trump Media CEO a `proverbial loser' amid claims about short sellingSneakerheads losing interest and spending lessSign 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.

Four of the Magnificent 7 headline a busy earnings week. (0:19) Investors get first look at Q1 GDP. (2:46) House passes $95 billion aid and security package. (4:29)Show NotesIs the AI trade losing favor?Catalyst WatchDividend 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.