Wall Street Breakfast

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.

The Fed's dot plot is key after a strong jobs report. (0:17) Apple's biggest WWDC keynote since the iPhone intro. (5:07) Tesla vote on Musk pay package looms. (7:20)Show NotesEarnings calendarDividend Roundup 7 Actionable trading ideas - Piper SandlerEpisode 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.

May's nonfarm payrolls expected to show a more-balanced labor market. (00:22) Affirm (AFRM) unveils new BNPL payment options to offer more flexibility. (01:51) Robinhood Markets (HOOD) to buy Bitstamp, expanding crypto business globally. (02:26)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: Meme stocks, DOCU, MTN, and moreCathie Wood says ARKK is well positioned for AI even though it cut positions in NVDASportsbooks look for a boost from a highly anticipated NBA FinalsGameStop earnings are coming and Roaring Kitty is returning to YouTube. Who should be worried?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.

The ECB lowers rates by 25 basis points. (0:23) NIO shares drop post-earning. (2:34) Evercore gets bullish on Carvana. (3:13)Show NotesStocks with the largest market cap in the U.S. from the 1950s to todayEpisode 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.

Antitrust police going after Nvidia (NVDA), Microsoft (MSFT) and OpenAI - NYT. (00:24) Amazon (AMZN) unit Zoox expands robotaxi testing to Austin, Miami. (02:02) Tempus (TEM), AI-based diagnostics maker, sets terms for $400M IPO. (02:51)Episode transcripts seekingalpha.com/wsb.Show links: Nvidia at $3T: ETFs with the biggest weightings in the hot AI chipmakerBiggest stock movers: LULU, FIVE, and moreS&P downgrades Spirit Airlines to ‘CCC’, pushing it further into junkLululemon delivers strong Q1 and hikes profit guidance above street viewVictoria's Secret sees sales and profits decline in 'challenging and competitive' environmentSign 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.

An advisory panel votes against ecstasy treatment for PTSD. (0:16) Services activity picks up. (1:34) You know what they call a Chicken Big Mac in Europe? (4:14)Episode 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.

Bayer's (BAYRY) $2.25B Roundup verdict cut to $400M by Pennsylvania judge. (00:23) United Airlines (UAL) expected to cut staffing needs this year as carrier faces shortage of planes. (01:01) Nike (NKE) cuts jobs at its European headquarters as part of $2B cost-cutting plan - report. (03:21)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: CRWD, HPE, and moreElon Musk estimates Tesla will spend up to $4B this year on Nvidia AI chipsMicrosoft invests in AI startup Touchcast as it improves gen-AI efficiency: reportThe EV-related stock that is up 100% this year and still loved by both analysts and quants'Roaring Kitty's' GameStop trades come under probe by Massachusetts regulator - 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.

OPEC+ overproduction and demand concerns are hitting crude prices. (0:16) Roaring Kitty getting kicked off of E*Trade? (1:25) Realty Income more bullish on investment volume. (2:27) Show NotesGoldman Sachs adds 5 stocks to its conviction listEpisode 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.

Microsoft (MSFT) faces advocacy group's privacy complaint in Austria over education program. (00:25) Illumina (ILMN) board approves spinoff of GRAIL. (01:54) NYSE to bust erroneous trades in Berkshire Hathaway's (BRK.A) class A shares - report. (02:20) Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: GME, HQY, and moreBill Ackman's Pershing Square seeks to raise $25B for U.S. closed-end fund - reportMorgan Stanley's E*Trade considers kicking 'Roaring Kitty' off platform - reportGoldman Sachs adds 5 stocks, including 2 solar names, to its U.S. 'conviction list'U.S. home power bills forecast to jump nearly 8% this summer - 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.

Nvidia, AMD and Arm provide updates on their AI processor plans. (0:16) NYSE trading glitch show Berkshire Hathaway down 99%. (1:45) JPMorgan weighs in on the restaurant sector. (2:52)Show Notes'Sell in May and go away' didn't work (again) but that's good for the yearISM Manufacturing PMI declines in May for a second month in disappointing printWaste Management confirms deal to buy Stericycle for $62/shareEpisode 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.

GameStop surges as Roaring Kitty reveals $116M bet. (00:26) Skydance's latest offer allows Paramount holders to cash out for $15/share - reports. (02:12) Waste Management near deal to buy Stericycle - WSJ. (03:10)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: Meme stocks, GSK, and moreStocks most loved by hedge funds and mutual fundsStocks most shunned by hedge funds and mutual fundsTesla shareholders outside of U.S. are at risk of missing voteLive Nation confirms Ticketmaster was hackedSign 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.

Economists expect that another 185K jobs were added in May. (0:18) Nvidia 10-for-1 stock split on the way. (1:46) A deeper dive into crypto ETFs. (5:35) Show NotesElon Musk accused of $7.5B insider trading by Tesla investorEarnings 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.