DiscoverWall Street Breakfast
Wall Street Breakfast

Wall Street Breakfast

Author: Seeking Alpha

Subscribed: 3,679Played: 250,873
Share

Description

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.

769 Episodes
Reverse
Struggle to restart coronavirus relief negotiations, tame inflation reading expected, and worst economic plunge in Europe. Learn more about your ad choices. Visit megaphone.fm/adchoices
Our top stories today: Russia registers world’s first coronavirus vaccine; S&P 500 nears record territory; and tax cuts. Learn more about your ad choices. Visit megaphone.fm/adchoices
Bridging the stimulus gap; growing friction; and S&P 500 on brink of a record high. 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 - Carvana - and other key events that could impact stocks. Learn more about your ad choices. Visit megaphone.fm/adchoices
Our top stories today: Jobs report overshadowed by tech tensions; what’s the scope?; and stimulus impasse. Learn more about your ad choices. Visit megaphone.fm/adchoices
Expanding 5G Clean Path program, jobless claims, White House and Democrats remain "trillions of dollars apart". Learn more about your ad choices. Visit megaphone.fm/adchoices
Precious metals rally, massive explosion rocks Beirut and DOJ demands Purdue Pharma pay. Learn more about your ad choices. Visit megaphone.fm/adchoices
Our top stories today: Back to earnings; more earnings; clock is ticking on TikTok. Learn more about your ad choices. Visit megaphone.fm/adchoices
Our top stories today: Microsoft back on track to acquire TikTok’s U.S. operations; all eyes on U.S. payroll data; and MLB draws strong TV ratings in opening week. 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 - PPG Industries - and other key events that could impact stocks. Learn more about your ad choices. Visit megaphone.fm/adchoices
Alpha TALKS is a weekly podcast and video covering what moved markets this week (WMMTW), featuring a panel of Seeking Alpha editors. Hosted by Nathaniel E. Baker, Contributing Editor, and this week featuring: Bradley Olesen, VP News; Stephen Alpher, Managing Editor News, co-host of Seeking Alpha's Alpha Trader podcast; Special guest Jason Aycock, Senior Editor, Media and Telecoms. Big Picture (0:49) A busy week in terms of events, with a record-breaking drop for U.S. GDP, Federal Reserve policy announcement, and quarterly corporate earnings among the highlights. Negotiations in Washington are ongoing over a new or revised unemployment package. Winners & Losers (2:06) Idiosyncratic events moved stocks in a busy week for earnings, with Intel (INTC) and Seagate Technology (STX) dropping on disappointing earnings. "Old world" stalwarts like Boeing (BA) and General Electric (GE) also reported quarterly results that fell short of estimates. "New world" companies like Advanced Micro Devices (AMD) and Nvidia (NVDA) beat earnings and saw their stocks rally. Amazon (AMZN), Apple (AAPL), and Facebook (FB) also reported strong results, but Alphabet (GOOG) was a bit of an outlier, posting a first revenue decline for the first time in its history. UPS (UPS) shares rallied by about 20% this week as the company beat estimates (5:30), riding the success of Amazon during the pandemic. FedEx (FDX) gained as well on the back of the news. Ollie's Bargain Outlet Holdings (OLLI) rallied after the company surprised investors by reporting comparable sales growth of 40%. The company doesn't report full earnings until Aug. 27. Financials (XLF) and energy (IXC) were among the worst-performing sectors for the week. Seeking Alpha Articles & News Coverage That Caught Our Eye This Week (14:48) Jason: Fed is infantilizing investors - Klarman; Stephen: Eastman Kodak (KODK) coverage and Horizon Kinetics Commentary Q2 2020; Bradley: Streaming landscape jolted as AMC caves on theatrical window? Nat: Why Gold May Be In For A Fall This Summer by DoctorX Learn more about your ad choices. Visit megaphone.fm/adchoices
Our top stories today: Big beats from big tech; U.S. economy shrank by a third in Q2; and Senate fails to advance jobless benefits extension. Learn more about your ad choices. Visit megaphone.fm/adchoices
Big Tech reports Q2 results, Antitrust hearing roundup and traders get busy. Learn more about your ad choices. Visit megaphone.fm/adchoices
Big Tech under national spotlight today, FOMC meeting and the dollar's reserve currency status. Learn more about your ad choices. Visit megaphone.fm/adchoices
Our top stories today: Negotiations begin over coronavirus relief plan; big earnings week; and precious metals rally loses some steam. Learn more about your ad choices. Visit megaphone.fm/adchoices
Our top stories today: Gold notches new all-time high; back from vacation?; and eventful week. Learn more about your ad choices. Visit megaphone.fm/adchoices
Big Focus On Big Tech

Big Focus On Big Tech

2020-07-2613:181

Our weekend preview of upcoming IPOs, earnings reports, conference presentations, investor days, IPO lockup expirations, FDA decisions, Barron's mentions, our single stock focus - Intel - and other key events that could impact stocks. Learn more about your ad choices. Visit megaphone.fm/adchoices
What Moved Markets This Week (WMMTW) is a weekly podcast with a panel of Seeking Alpha editors. Hosted by Nathaniel E. Baker, Contributing Editor, and featuring: Aaron Task, VP Contributor Content and co-host Seeking Alpha's Alpha Trader podcast; Bradley Olesen, VP News; Stephen Alpher, Managing Editor News, co-host Alpha Trader. Watch the Alpha TALKS video of this podcast. (Spotify users can skip to individual segment sdirectly by clicking on the timestamps below) Big Picture (0:52) It was not a sleepy summer type of week. The S&P 500 topped its June 8 post-COVID high on Monday, breaking out of a trading range and making a new five-month high on Wednesday. A large selloff followed on Thursday after initial jobless claims unexpectedly rose. U.S.-China tensions emerged, with U.S. Secretary of State Michael Pompeo piling on some powerful rhetoric that spooked markets. Winners & Losers (4:56) Correlations are starting to break down as earnings season ramps up. It's no longer all about "virus on/virus off." Company- and industry-specific events were bigger drivers of share prices. Microsoft (MSFT) sold off after earnings. Apple (AAPL) fell due to antitrust concerns. Shares of casino companies and cruise lines were among the biggest losers of the week, including Wynn Resorts (WYNN), Las Vegas Sands (LVS), Norwegian Cruise Lines (NCLH), and Royal Caribbean (RCL). Homebuilders were among the winners (6:29): PulteGroup (PHM), NVR (NVR), and TRI Pointe Group (TPH) rallied after new home sales blew out expectations. The SPDR Homebuilders ETF (XHB) is up 3.4% this week at the time of this writing. That gauge has outperformed the S&P 500 over the last week, month, six months, year-to-date, and year. Silver prices had a massive rally, with the iShares Silver Trust ETF (SLV) up 18% this week. The SPDR Gold ETF (GLD) gained 5%. Corporate Highlights (8:28) Some interesting news out of the Discover Financial Services earnings call: Data for chargeoffs and delinquencies is holding up, but is expected to increase in the fourth quarter and persist through 2021. American Express earnings reported improved spending in May and June after bottoming in April. Stimulus payments have helped, but with the "fiscal cliff" due to expire on July 31 there is a lot of uncertainty. Seeking Alpha Articles & News Coverage That Caught Our Eye This Week (14:28): Nat: These 9 Silver Miners Are A Basket Of Opportunity, by Harrison Schwartz; Stephen: Bill Ackman's blank check company raises $4B - becomes largest in the sector; Bradley: Tesla (TSLA) coverage; Aaron: Sentiment Speaks: If You Own Gold, Look Out Below, by Avi Gilburt and Tesla: Excuse Me, 1999 Is Calling, by Louis Stevens. Learn more about your ad choices. Visit megaphone.fm/adchoices
Our top stories today: China retaliates over Houston; escalating toward new cold war; and stocks set to extend losses. Learn more about your ad choices. Visit megaphone.fm/adchoices
Tesla up over 5%, earnings, earnings, earnings, and the next coronavirus aid package. Learn more about your ad choices. Visit megaphone.fm/adchoices
loading
Comments (6)

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)
Download from Google Play
Download from App Store