Wall Street Breakfast

With rates surging, $1.3 trillion flowed into cash, more than any asset class. (0:15) Microsoft's 'iPhone moment.' (2:06) Cathie Wood sheds remaining stake of Grayscale. (2:55)Show Notes24 global single name stock longs for 2024 - Morgan StanleyInitial jobless claims rise more than expected in past weekIntel slips even as Argus sings praise on AI, Israel foundryEpisode transcripts seekingalpha.com/wsb.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.

Crypto-related names extend gains (1:15) Apple Watch ban paused by appeals court (1:46) and Alibaba fails to get suit dismissed (6:25).Episode transcripts: seekingalpha.com/wsbShow links: 2024 Analyst Outlook: Lawrence Fuller On An Economic Soft Landing ScenarioFannie, Freddie stocks backtrack after rally, analyst Bove weighs inJD.com plans pay hike for staff amid competition, Chinese consumption woes 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.

The paper alleges the companies illegally used its content to train AI models. (0:15) Chinese stocks fall below a major long-term support level. (1:46) Apple iPhone design chief said to join Jony Ive at new firm. (2:56)Show NotesCiti’s top stocks in healthcareSoftbank gets $7.6B worth T-Mobile stock at no extra costEpisode transcripts seekingalpha.com/wsb.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.

Intel (INTC) drives semiconductor stocks higher after Israeli grant for chip plant. (00:26) Dish Network (DISH) merger with EchoStar (SATS) slated to close Sunday. (01:16) Amazon Prime (AMZN) getting ads next month, or pay for ad-free streaming. (01:55)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: Coherus BioSciences, Bit DigitalBig buying opportunities in the financial and industrial sectors - analystNio closes $2.2 billion strategic equity investment from CYVNBest and worst performing big names of 2023Sign 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.

Imports and sales of Apple Watches are banned effective today due to patent issues. (0:15) FedEx announces share buyback. (1:42) There is a new dominant COVID-19 strain. (2:27)Show NotesCiti’s top picks in TechHome price growth eases slightly in October: S&P CoreLogic Case-Shiller IndexEpisode transcripts seekingalpha.com/wsb.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.

AstraZeneca (AZN) to buy Gracell Biotechnologies (GRCL) for $1.2 billion. (00:22) Manchester United (MANU) agrees to sell 25% stake to billionaire Jim Ratcliffe for $1.3B. (01:46) Nano Dimension (NNDM) offers to buy Stratasys (SSYS) for $16.50 a share (update). (02:30)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: Gracell Biotechnologies, MBIA and moreAirline profits set to take off in 2024Intel's future may be turning around. One firm thinks it eventually splits upCannabis companies higher after Biden pardons thousands for marijuana offensesSign 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.

Chaim Siegel of Elazar Advisors has been bullish for most of 2023 and remains bullish for 2024. Why jobless claims are a key measure to watch (0:20) 3 major drivers to bonds (3:10). This is an abridged conversation from Seeking Alpha's recent Investing Experts podcast.Subscribe to Chaim's Fed TraderEpisode transcripts: seekingalpha.com/wsbShow links:Initial jobless claims edge up to 205,000Chance For A Market Dip In Early 2024 - Chaim SiegelWall Street Lunch: Big Moves In The Bond MarketSign 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 shocker: Nike (NKE) warns on soft sales, high promotional activity. (00:26) Cytokinetics (CYTK) soars amid report of Novartis (NVS), AstraZeneca (AZN) takeover interest. (02:35) Government opens investigation into frequent flyer programs. (03:12)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: Rocket Lab, NetEase, Nike and moreNine buy-rated stocks in the Communication Services sector - CitiBecton, Dickinson in $85M settlement over failure to disclose defects with infusion pumpsDOJ says Ultragenyx to pay $6M to resolve Medicare claims allegationsSign 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.

Warner Bros. Discovery (WBD) talking to Paramount (PARA) about possible deal - reports. (00:26) Citigroup (C) plans to exit distressed debt trading - report. (01:54) Tesla (TSLA) supplier Panasonic (PCRFY) shelves plan to build EV battery plant in Oklahoma. (02:17)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: Calliditas Therapeutics, BlackBerryAccenture to buy Jixie, a digital marketing platform in IndonesiaMicrosoft, OpenAI see authors join copyright lawsuit over AI models' training - reportAlphabet gains amid report of restructuring to impact ad sales unitSign 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.

President Biden has until Sunday to decide on Apple Watch patent dispute (1:25), Atlanta Fed's Raphael Bostic doesn't see an urgency to cut rates (3:18) and Toyota suspends all Daihatsu shipments (5:15).Episode transcripts: seekingalpha.com/wsbShow Notes:Biden has til Sunday to decide on Apple Watch patent dispute. He's watching it.Toyota suspends all Daihatsu shipments as safety testing scandal widensAtlanta Fed's Raphael Bostic doesn't see an urgency to cut ratesFedEx falls 7% after warning FY24 revenue will decline; UPS drops as well 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.

U.S. forms naval taskforce to protect ships in Red Sea (1:32) Google to pay $700 million to settle Play Store lawsuit (2:30) and Japanese takeover of iconic U.S. Steel sees bipartisan opposition (3:42).Episode transcripts: seekingalpha.com/wsbShow Notes:Japanese takeover of iconic U.S. Steel sees bipartisan oppositionGoogle to pay $700 million to settle Play Store lawsuitHouthi threat: U.S. forms naval taskforce to protect ships in Red SeaSign 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.

Illumina (ILMN) plans to divest Grail after U.S. Appeals Court decision. (00:23) IBM to acquire StreamSets and webMethods platforms from Software AG for €2.13B. (01:19) Chuck E. Cheese reportedly exploring a sale, may be worth over $1 billion. (01:48) Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: Arcutis Biotherapeutics, Ebix and moreEarnings week ahead: Nike, FedEx, BlackBerry, Micron, Carnival and moreCanada EV push: Zero-emission car mandate expected this weekFashion executives see uncertainty for industry in 2024BTIG makes top medtech stock picks for 2024, sees sector stabilizingSign 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.

Mott Capital Management's Michael Kramer is looking at 2 things: what the market's anticipating for 2024 earnings growth and implied volatility levels (0:20). Finding (and getting in front of) extremely undervalued pockets in the market (3:20). This is an abridged conversation from Seeking Alpha's recent Investing Experts podcast.Subscribe to Michael's Reading The MarketsEpisode transcripts: seekingalpha.com/wsb.Show links: 2024 Analyst Outlook: Mott Capital On Market Volatility, The Fed, And Investor Challenges And OpportunitiesThe Stock Market Rally Is Likely To Vanish As Earnings Estimates DeteriorateSign 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.

Costco (COST) tops profit estimates, doles out $6.7B in special dividends. (00:25) Tesla (TSLA) bags incentives worth $153M for Mexico gigafactory. (01:25) FDA warns companies including Chewy (CHWY) over unapproved antimicrobial animal drugs. (02:22) Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: Scholastic, Eos Energy and moreGM Cruise autonomous vehicle unit slashes 900 jobsAbbVie, Amgen among firms targeted for latest Medicare inflation penaltiesWhat lies ahead for Baidu in 2024 as it runs AI race with efficiency in mind?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.

10-year Treasury yield falls below 4% from 5% at breakneck speed. (0:15) Retail sales show a surprise gain. (2:17) Influential bank analyst upgrades 5 stocks in wake of Fed. (4:30)Show NotesUBS’ Top Global StocksWarren Buffett's Berkshire boosts Occidental stake again after CrownRock dealWHO calls for ban on flavored e-cigarettesEpisode transcripts seekingalpha.com/wsb.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.

Adobe (ADBE) stumbles on weak outlook, FTC inquiry. (00:22) Mattel's (MAT) American Girl is heading to the big screen after Barbie breakthrough. (01:50) Carrier (CARR) offloads global commercial refrigeration operations onto Haier (HRSHF) for $775M. (02:50)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: Adobe, Ocular Therapeutix and moreUBS’ Top Global StocksRealty Income 2024: What to expectFive considerations for investing in 2024 - J.P. MorganSEC adopts rule requiring more Treasury trades to be centrally clearedSign 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 Jay Powell leans dovish after Fed keeps rates on hold. (0:15) Fed projection pencil in 3 rate cuts next year. (0:38) Stocks rally, Treasury yields fall as Dow Jones tops 37K. (1:35) Show NotesHSBC sets 2024 S&P 500 target of 5,000Pfizer slips as 2024 guidance with Seagen buyout disappointsEpisode transcripts seekingalpha.com/wsb.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's SpaceX (SPACE) value said to be closer to $180B. (00:26) XPO to acquire 28 former Yellow service centers. (01:25) Snapchat+ (SNAP) surpasses 7M subscribers, rolls out new AI features for users. (01:54)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: Take-Two Interactive, Coherent and moreDiabetes patients facing insurance hurdles getting GLP-1s: reportTarget is Goldman's retail top pick for 2024 + other buy ideasCOP28 ends with historic deal to shift away from fossil fuelsSign 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.

November CPI arrives about in line, but gives the Fed some room to push back on early rate cuts. (0:15) Oracle tumbles on cloud concerns. (2:35) Chevron doesn't expect hostilities in South America. (3:35)Show NotesTop growth stocks for those wary of valuations - GoldmanFord cuts back on all-electric F-150 production due to slower-than-anticipated demandEpisode transcripts seekingalpha.com/wsb.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.

Epic Games wins antitrust fight against Google (GOOG) (GOOGL) over app store monopoly. (00:23) Hasbro (HAS) to cut 900 jobs as it seeks to cut expenses. (01:51) Nokia (NOK) trims 2026 profit margin target after losing AT&T (T) contract. (02:37)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: Oracle, Hasbro and moreWalgreens slips as Moody’s cuts rating to junkHarbor Custom Development files for Chapter 11 bankruptcyWarren Buffett's Berkshire Hathaway halves stake in HPCOP28 draft agreement said to avoid fossil fuel ‘phase out’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.