Wall Street Breakfast

Boeing faces criminal fraud charge in 737 MAX scandal. Hurricane Beryl impacts Texas oil-exporting hub. SK On under pressure due to disappointing EV sales. Financial news covers Paramount-Skydance merger, Carlsberg-Britvik deal, and alternative stocks to Nvidia.

The podcast covers major banks reporting quarterly results, expectations of falling consumer inflation, and a deep dive into Nvidia's impact. Additionally, insights are shared on upcoming corporate earnings, Las Vegas Strip closures, Nvidia stock performance, and the AI impact on natural gas companies.

The podcast discusses Labour's landslide victory in the UK election, Bitcoin's price drop below $58K, and potential collaboration between Honda and Nissan. It also touches on the anticipation of the US non-farm payrolls report reflecting a softening labor market.

The podcast discusses how tech stocks have led the market to new highs, with big names like InfoTek and Nvidia driving the rally. Other topics include the FOMC minutes showing a cautious approach to rate moves, Jeff Bezos selling $5 billion in Amazon stock, and odds of Harris getting the Democratic nomination equaling Biden's. There are also discussions on jobless claims, factory orders, a UK Conservative Party scandal, and the resignation of JP Morgan's chief global markets strategist.

FTC sues Tempur Sealy's $4B Mattress Firm deal, Rivian denies VW partnership, Eli Lilly's Alzheimer's drug approval. Updates on stock movers, Deutsche Bank's Q3 list, extreme upside stocks, Skydance-Paramount merger deal, and more in the business world.

Tesla's Q2 deliveries exceed expectations, Fed's Powell talks about disinflation, Disney expected to see a turnaround. Top U.S. stock ideas for Q3 discussed, with focus on AI robotics investments and bullish views on Disney. Chapters cover economy, labor market, stock updates, Disney's movie performance, Six Flags merger, AI stock preferences, and stock recommendations.

Paramount is in merger talks for streaming services with Barry Diller showing interest. U.S. judge stops Biden's LNG export license pause. Conn's facing possible bankruptcy. Discussions on market movers, safety pockets, EV sales race, and rejection of CEO pay package by Salesforce shareholders.

Keith Gill, aka Roaring Kitty, reveals a 6.6% stake in Chewy and faces a lawsuit. Topics include manufacturing activity decline, tech industry's nuclear power for AI, and valuation test for AI megacap stocks.

BlackRock acquires data provider Preqin for $3.2B. EU charging Meta over 'pay or consent' model. Boeing agrees to Sprit AeroSystems takeover. Rising drug costs affecting Americans. Second Trump administration might be lenient on antitrust.

The podcast discusses the expected rise in nonfarm payrolls, the potential investment opportunities with Apple, and debunks Wall Street myths. It also covers upcoming earnings reports, a hacking incident involving Microsoft, and insights on labor market trends and investment strategies.