Wall Street Breakfast

Huawei is gearing up to test its new AI chip, aiming to compete with Nvidia. Merck KGaA is making headlines with a $3.9 billion acquisition of SpringWorks, boosting its cancer treatment portfolio. CrowdStrike introduces innovative AI agents to enhance cybersecurity. The conversation also dives into market trends, including tariff impacts and significant stock movers. Exciting insights wrap up the discussion on AI advancements with potential implications for the tech industry.

Market anticipation heats up as key tech giants prepare to release their earnings reports. Analyzing the potential impacts, experts discuss the balance of analyst predictions against economic uncertainties. The podcast also dives into how a weak jobs report could influence Federal Reserve decisions, especially under the shadow of political developments and trade policies with China. Finally, dividend updates are featured, highlighting crucial financial milestones.

Trump tariffs and commentary about Powell (0:40) Fed rate cuts (3:30). Netflix up, backing off guidance (5:30). Important earnings coming next week (7:40). Don't sleep on economic data (9:30).Episode transcripts: seekingalpha.com/wsbShow links: Netflix Q1 Earnings Call TranscriptFed's Kashkari says resolution of trade frictions would lift economic uncertaintyTrump Playing Chicken With The World?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.

Fewer Americans plan on taking a vacation this summer. (00:20) Intel backs off plan to detach from Intel Capital. (01:48) Guess? spikes on a report of a rival bid to acquire the company. (02:44) Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers Friday: GOOG, INTC, and moreChina mulls exempting select U.S. goods from 125% tariffs - reportAlphabet CEO signals personal ownership optionality for Waymo robotaxisApple to shift assembly of all US iPhones to India by 2026 - 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.

Tesla faces disappointing earnings and struggles in international markets, yet investor confidence holds firm. Palantir is highlighted as a rising star in AI, showcasing the tech sector's potential despite its challenges. Meanwhile, IBM's performance falters post-earnings, underlining the volatility in markets. The conversation dives into important earnings announcements from key tech companies, as optimism for long-term trends in technology persists.

IBM faces challenges as consulting woes overshadow strong software growth. The discussion shifts to whether it's time to invest in gold after its largest drop in four years. Exciting news emerges from Tesla as they kick off tests for their robotaxi initiative. Additionally, whispers about Trump considering auto tariff relief and insights on Netflix's ambitions for a staggering $1T valuation add to the intriguing mix.

Discussion kicks off with insights on the lengthy path to a China trade deal, projected to take two to three years. The stock market is buzzing as tech stocks soar, with Nasdaq seeing impressive gains. Krispy Kreme is making waves with a strategic refresh aimed at revitalizing its brand. The conversation also touches on the recent dip in U.S. Treasury yields, providing a backdrop for the market's overall enthusiasm.

President Trump reassures the market by stating he won't fire Fed Chair Powell, boosting investor optimism. Tesla sees a surge as Elon Musk shifts focus back to the automaker. Meanwhile, Intel plans to cut 20% of its workforce, signaling a major restructuring. The discussion highlights key economic indicators and the ripple effects of political shifts on stock futures.

Tariff uncertainty is hitting major players like GE, Kimberly-Clark, and 3M hard. With U.S. tariffs soaring as high as 3,521% on solar imports, companies are bracing for the financial fallout. Meanwhile, Big Pharma is feeling the heat from the White House's drug price plan. The discussion also dives into Amazon's recent stock struggles, highlighting concerns about the broader economic landscape.

DoJ says Google must be prevented from using AI to boost online search supremacy.  (00:21) China's Nio delays Europe launch of Firefly EV citing challenges. (01:36) FDA suspends milk quality testing due to staffing reductions. (02:23)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers Tuesday: NVO, MEDP, and moreTrump sees Walmart, Target, Home Depot chief executives at White House for tariff meetingU.S. pushes India for full ecommerce market access for trade deal - reportNovo Nordisk slides after Eli Lilly's results for oral weight loss drug—orforglipronSign 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.