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Wall Street Breakfast

Wall Street Breakfast

Author: Seeking Alpha

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Seeking Alpha's Wall Street Breakfast brings you all the news you need to know for your market day. Released by 800am ET each morning, it is a quick listen that you can put on as you get ready to start your working day. We also publish a weekend Stocks to Watch podcast to prepare you for the week ahead.

1032 Episodes
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Our top stories today: Dogefather dings Bitcoin; Diem changes tact (again); and Wall Street selloff. Learn more about your ad choices. Visit megaphone.fm/adchoices
Our top stories today: Is it transitory; on shaky ground; and restart deadline. Learn more about your ad choices. Visit megaphone.fm/adchoices
Our top stories today: Look out below; vaccines for under-16s; and population growth decline. Learn more about your ad choices. Visit megaphone.fm/adchoices
Our top stories today: Pipeline Disruption Digesting the Jobs Report ARK ETFs Learn more about your ad choices. Visit megaphone.fm/adchoices
Our weekend preview of upcoming IPOs, earnings reports, conference presentations, investor days, IPO lockup expirations, FDA decisions, Barron's mentions, and other key events that could impact stocks. Learn more about your ad choices. Visit megaphone.fm/adchoices
Stock markets had a mixed week, shrugging off a shocking miss by the non-farm payrolls report for April. The Dow Industrials (DJI) set record highs but technology stocks lagged. What Caught Our Attention This WeekKim: Record Fintech VC Funding: Banks Getting Amazoned, by DataTrek Research; Brad: Bill and Melinda Gates are getting divorced. Here are some stocks they owned; Stephen: Cryptos. NYDIG hires Ray Dalio's Bridgewater CFO as its CFO and Bitcoin finance meets Bitcoin tech as Galaxy Digital acquires BitGo. Nat: NFP miss by economists. Like, WTF? Learn more about your ad choices. Visit megaphone.fm/adchoices
Our top stories today Blowout Payrolls, Financial Stability Report, Peloton Damage Control Learn more about your ad choices. Visit megaphone.fm/adchoices
Our top stories today: Vaccine chatter; cue the incentives; and where do we go from here. Learn more about your ad choices. Visit megaphone.fm/adchoices
Our top stories today: Who let the Doge out; yellin' about Yellen; and end of an era for open outcry. Learn more about your ad choices. Visit megaphone.fm/adchoices
Our top stories today: Value over growth; vaccines for teens; and deposit warning. Learn more about your ad choices. Visit megaphone.fm/adchoices
Our top stories today Sell in May?  Epic Showdown Ethereum Steals The Spotlight Learn more about your ad choices. Visit megaphone.fm/adchoices
Our weekend preview of upcoming IPOs, earnings reports, conference presentations, investor days, IPO lockup expirations, FDA decisions, Barron's mentions, our single stock focus - Berkshire Hathaway - and other key events that could impact stocks. Learn more about your ad choices. Visit megaphone.fm/adchoices
Stock markets were little changed this week, effectively ignoring good news from earnings and economic data. Learn more about your ad choices. Visit megaphone.fm/adchoices
Our top stories today The magic returns, inflation, earnings  Learn more about your ad choices. Visit megaphone.fm/adchoices
Amazon strong earnings likely ahead, no sign of monetary policy changes, and (another) tale of 2 tech giants. Learn more about your ad choices. Visit megaphone.fm/adchoices
Our top stories today: Fed watching; wait and see; and American Families Plan. Learn more about your ad choices. Visit megaphone.fm/adchoices
Our top stories today: Big tech rolls in; major privacy change; and Tesla recap. Learn more about your ad choices. Visit megaphone.fm/adchoices
Tesla time, earnings deluge, COVID surge in India   Learn more about your ad choices. Visit megaphone.fm/adchoices
Our weekend preview of upcoming IPOs, earnings reports, conference presentations, investor days, IPO lockup expirations, FDA decisions, Barron's mentions, our single stock focus - Alibaba - and other key events that could impact stocks. Learn more about your ad choices. Visit megaphone.fm/adchoices
Stocks experienced a bit of a rollercoaster this week, starting off with some selling on Monday and Tuesday before rallying on Wednesday and into Thursday morning. That ended with news of President Biden's "American Family Plan," to be funded mainly by increasing the capital gains tax and the top income tax rate. Markets sold off on the news, then rebounded today (Friday). At the time of this writing (3pm on Friday), the Dow Industrials (DJI) was down about 0.3% for the week, with the Nasdaq Composite (COMP.IND) off about 0.1%. The S&P 500 (SP500) is effectively flat week-over-week. The Russell 2000 (RTY) was the lone winner among major indexes, climbing about 0.9%. It was a bad week for cryptocurrencies, with bitcoin (BTC-USD) dropping by about 8% WoW and 25% since setting an all-time high. Coinbase (NASDAQ:COIN) also fell in its second week as a public company, tracking bitcoin to give up 9%, before rebounding a bit today. Winners & LosersEarnings mostly determined winners and losers. Airlines were one big loser, with the JETS ETF (NYSEARCA:JETS) down almost 5% after several names reported earnings that came up short of analyst estimates. Shares of American Airlines (NASDAQ:AAL) and United Airlines (NASDAQ:UAL) were off about 9% each. Southwest Airlines (NYSE:LUV) managed to beat on EPS but missed on revenue and saw its stock decline about 3% for the week. Netflix (NASDAQ:NFLX) was another big loser, dropping about 7% this week after disappointing subscriber results and guidance. Winners included Equifax (NYSE:EFX), which gained almost 18% for the week after beating earnings estimates and providing strong guidance. Edwards Lifesciences (NYSE:EW)(+9% WoW) hit an all-time high after its quarterly results beat estimates across the board. Intuitive Surgical (NASDAQ:ISRG) added 7% after beating earnings estimates and receiving an upgrade from Baird. Kansas City Southern (NYSE:KSU) shares added almost 15% as the company was caught in a bidding war between Canadian National (NYSE:CNI) and Canadian Pacific (NYSE:CP), with the former likely emerging as the winner late in the week. What Caught Our Attention This WeekKim: European Super League fiasco; Brad: Rising COVID cases in India; Stephen: SA's capital gains tax coverage; Nat: Bitcoin sell-off. Learn more about your ad choices. Visit megaphone.fm/adchoices
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Comments (7)

boldtroll

Gesundheit! 🤧 That was unexpected 🤣🤣🤣

May 3rd
Reply

Juan Carlos Hernandez

thanks!

Feb 27th
Reply

J A

gunboat diplomacy in Hong Kong

Aug 12th
Reply (1)

Gabriel Quek

Petal to the metal... *facepalm*

Jul 3rd
Reply

Waldo Alvarado Jr

The background noise, please get rid of the background noise!

Apr 13th
Reply (1)
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