Wall Street Breakfast

AI race in full swing as Google (GOOG) (GOOGL) goes into overdrive to power Gemini. (00:31) Trump SPAC Digital World (DWAC) jumps amid settlement with SEC. (01:57) Biden said to form team to avert future debt-limit standoffs. (03:02)Transcripts available on Seeking AlphaShow links:Codexis streamlining operations, reducing headcountSAP slumps after unveiling Q2 results, tweaking 2023 outlookTesla skids 10% after earnings disappoint; other EV stocks go in reverseSirius XM, heavily shorted, jumps 27% and triggers halts (updated)Wall Street Breakfast newsletterCatalyst Watch: Microsoft-Activision Blizzard drama, Splunk event and Nasdaq 100 rebalancing countdown