Wall Street Breakfast

Boeing (BA) offers to buy Spirit Aero (SPR) for $35 a share mainly in stock - WSJ. (00:28) Novo Nordisk (NVO) to spend $4.1B to build new plant for obesity drugs in N.C. (01:12) Oracle (ORCL): TikTok (BDNCE) ban in U.S. would 'adversely' impact earnings. (02:04)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: DJT, SEDG, EPAC and moreShein confidentially files paperwork for possible London IPO - reportsUber cutting out idle time for NYC drivers by enacting lock-out periods - reportGoogle working on customizable chatbot product to rival Meta, Character. AI - 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.

United Arab Emirates' Marjan Island could rival Macau. (0:16) What can Paolo Maldini tell us about soft landings? (1:49) Disney's 'Inside Out 2' on the way to $1 billion. (4:23)Show NotesGap between growth and small-cap is huge, but don't call it a bubbleMicron sees price target raised at Citi, Wolfe ahead of earningsCrowdStrike reaches S&P 500 Index five years after IPOEpisode 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.

ByteDance (BDNCE) working with Broadcom (AVGO) on advanced AI chip - report. (00:25) Fast-fashion firm Shein may abandon London IPO - report. (01:16) Freight M&A: UPS sells Coyote Logistics to RXO. (02:23)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: RXO, RMD, and moreCDK Global works on fixing data breach that hit thousands of car dealersMicrosoft has a 'hidden' $100B opportunity inside. And it's all about cybersecurityGap between growth and small-cap is huge, but don't call it a bubble - OppenheimerSign 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.

A cool core PCE would put the Fed on the spot to cut in September. (0:18) The Mag 7, the Terrible 3 and the Magnificent 1. (2:14) Nike guidance in focus with Adidas snapping at its heels. (3:58)Show NotesStocks with the highest ROIC but not the highest valuationApple and Meta have held talks about AI partnershipGLP-1 drugs linked to reduced dementia risk: studyEarnings 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.

Qualcomm (QCOM) dips following reports of AI laptop struggles; other chip stocks drop. (00:26) Canada said to be eyeing tariffs on Chinese EVs, following lead of U.S. and EU. (01:19) WHO warns on fake versions of Novo Nordisk's (NVO) Ozempic. (02:20)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers: ASAN, SWBI, and moreUnprofitable growth stocks with a path to profitability - GSTop 10 Info Tech stocks according to SA Quant RatingsSoftBank boss regrets Nvidia stake sale, calling it 'the fish that got away'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.

Elon Musk says the duo will provide servers for the supercomputer. (0:16) Housing numbers slump. (2:09) UBS spies small-cap outperformance. (5:38)Show NotesSeeking Alpha Investing Summit insightNvidia ahead in 'big tech race' to $4T as GPUs are tech's 'new gold or oil'Kroger rallies after topping Q1 estimates, backing full-year profit guidanceEpisode 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.

Policy divergence: Switzerland cuts interest rates for second time this year. (00:21) Former OpenAI chief scientist Ilya Sutskever unveils new AI company. (00:56)  Netflix House (NFLX) to open in Pennsylvania, Texas next year. (01:48)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: NVDA, DJT, and moreBlackRock sees no AI bubble and says AI winners will drive market returns for a whileAccenture plans to buy Fibermind - a network services player in ItalyU.S. homebuilder sentiment declines for the second monthSign 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.

Nasdaq, S&P, Dow drift after retail sales come in softer than expected (0:35). 2 Fed rate cuts in 2024 and 6 in 2025? (1:47). Nvidia driving things; anxiety about 2nd half of the year (2:50). Apple price target raised; tech bull market 'is just starting.' (4:00). Crypto eventually going to be in every portfolio (7:20).Episode transcripts: seekingalpha.com/wsbShow links: Nvidia rises after Rosenblatt sets Street High PT of $200Invesco sees two rate cuts this year while KPMG sees six in 2025; SA SummitApple's price target raised at J.P. Morgan on AI boost to iPhonesTech bull market to last another 2–3 yearsPowell And The Fed Are More Hawkish Than You Think: Expect Economic Weakness AheadSign 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. Supreme Court refuses to hear challenge to Florida's online sports betting compact. (00:30) Chegg (CHGG) jumps over 9% after announcing headcount reduction, restructuring. (01:39) McDonald's (MCD) ends drive-thru AI partnership with IBM as it looks for a broad voice ordering solution. (02:15)Episode transcripts seekingalpha.com/wsb.Show links: J.P. Morgan’s top picks within DefensivesMost shorted S&P 500 stocks in MayBiden set to reopen U.S. oil reserves if gasoline prices surge again - FTSign 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 Surgeon General calls for mental health warning on social media. (0:16) BofA gets more bullish on chips. (2:54) Evercore puts Street-high target of 6,000 on the S&P. (4:25)Show NotesNext Apple Watch likely to have larger screen sizes, be 3D printedFive catalysts that could propel Costco even higherEpisode 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.

Toyota (TM) proxy advisers demand vote against chairman amid scandal. (00:25) Boeing (BA) whistleblower reports to FAA have jumped since 737 incident. (02:10) Federal Reserve is well poised to be patient on rate moves, Kashkari says. (03:00)Episode transcripts seekingalpha.com/wsb.Show links: Ozempic drives more demand for smaller clothes, WSJ reports10 predictions on how artificial intelligence will reshape the world: UBSSA Asks: What is the No. 1 cybersecurity threat facing companies today?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.

Retail sales are expected to climb for the first time since January. (0:18) How can you build a rate-agnostic portfolio? (1:34) Deadpool & Wolverine set for a record open. (3:52)Show NotesGoldman Sachs raises its S&P 500 year-end target to a joint Street high at 5,600Earnings 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.

China hits back at EU tariff on EVs as Tesla asks for exemption. (0:16) PPI adds to the soft landing picture. (1:42 ) Citi paints bleak picture for oil. (5:11)Show NotesChinese stocks with improving earnings momentum and expectations of margin expansionBroadcom soars as Q2 results, stock split buoy hopesEpisode 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.

Elon Musk: Tesla (TSLA) shareholders vote for CEO pay package, Texas move by 'wide margins'. (00:23) Meta plans to make company leaner, cut down on VP positions: report. (01:36) Terraform Labs to pay $4.47B to resolve SEC lawsuit. (02:07) Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: TSLA, AVGO, and moreApple is not paying OpenAI for ChatGPT deal - reportAppeals court vacates ruling banning Amazon from firing pro-union workersShips will not return to Red Sea 'anytime soon' even with ceasefire, Frontline CEO saysGameStop is holding its annual meeting. Does Ryan Cohen have a surprise ready?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.

Fed holds rates, now sees just one rate cut in 2024. (2:11) May CPI comes in cooler than expected. (3:26) Nasdaq, S&P rally to new record highs as yields sink. (0:54) Show NotesSeeking Alpha community still favors first Fed cut in SeptemberOracle has best day in years as Wall Street heaps hype on strong bookings, guidanceGlobal oil markets set for major surplus this decade, IEA 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.

Paramount Global (PARA) sinks amid reports Shari Redstone ended talks with Skydance. (00:24)  Musk drops lawsuit against OpenAI: report. (01:31)  U.S. to widen sanctions on chip sales to Russia, targeting resellers in China - report. (02:16)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: ORCL, RTO, and moreNo hot dog for you! Joey Chestnut banned from Nathan's iconic contestTakeaways from Baird’s Global Consumer, Technology & Services Conference within RestaurantsStocks with quality growth stories within Apparel, footwear and fitness - BairdChanging energy market demands holistic view: Seeking Alpha Investing Summit PreviewSign 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 calls Apple's AI plans a security violation. (0:16) Strategist warns hot CPI could tank risk assets. (1:46) Ford named top auto sector pick. (3:08)Show NotesTesla topped Chevron as most shorted large-cap stock in MaySupreme Court seeks Biden administration views on Honolulu climate lawsuitGeneral Motors approves new $6B share repurchase programEpisode 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.

Apple (AAPL) unveils new Apple Intelligence, iOS, tvOS at WWDC. (00:24) CVS generics recalled two times more than Walgreens (WBA) generics: report. (02:09) DXC Technology jumps on report of joint bid from Apollo (APO), Kyndryl (KD). (03:16)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers: DXC, YEXT, and moreIs Nvidia primed for Dow inclusion after 10-for-1 stock split?The stock market could see a shock after Wednesday’s inflation and Fed decision - analystTesla fails to convince judge to throw out self-driving complaint; Musk issues Apple 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.

AMD downgraded on limited AI revision potential. (0:15) Goldman still sees two rate cuts, starting September. (2:23) DraftKings named a top pick. (3:00)Show NotesStocks with the highest and lowest liquidity - Goldman SachsMegacaps tend to get more retail juice post-stock splits - 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.

Japan auto scandal: False test data reminiscent of Dieselgate. (00:26) Tesla (TSLA) won't launch Model Y 'refresh' this year, Musk says. (01:59)  Activist Elliott takes nearly $2B stake in Southwest Airlines (LUV) - WSJ. (03:06)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: LUV, DO, KKR, and moreAdobe seeks to clarify new AI terms after users protestWhy the 'Space' economy is among UBS' 5 favorite longer-term investment themes right nowSchwab Trading Activity Index rises slightly in MaySign 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.