Wall Street Breakfast

Qualcomm facing struggles with AI laptops, causing stock dip. Canada considering tariffs on Chinese EVs. WHO warns about fake Ozempic. Stock market volatility and Smith & Wesson movement discussed.

Elon Musk's duo providing servers for XAI supercomputer, housing numbers slump, UBS spies small-cap outperformance, Nvidia leading in tech race, Kroger's Q1 rally, and insights from Seeking Alpha Investing Summit.

Former OpenAI chief scientist Ilya Sutskever unveils new AI company Safe Super Intelligence aiming to create smarter AI. Switzerland cuts rates for the second time, while Netflix plans unique entertainment venues in Pennsylvania and Texas. Financial news includes BlackRock's positive outlook on AI, Accenture's acquisition plans, and US home builder sentiment.

Stock market reacts to softer retail sales data, Fed rate cut predictions for 2024 and 2025. Nvidia and Apple price targets raised, tech bull market outlook positive. Crypto assets expected in every portfolio. Tech stocks performance analyzed with market predictions, Amazon's RX Pass expansion discussed.

US Supreme Court refuses to hear challenge to Florida's online sports betting compact, Chegg jumps 9% after headcount reduction, McDonald's ends AI partnership with IBM for voice ordering

Surgeon General wants health warning on social media, BofA optimistic on chips, Evercore high target for S&P. Next Apple Watch with bigger screen, 3D printed. Costco catalysts discussed. Topics: Payrolls, Costco stock, AI integration, SEC probe, Apple Watch changes, stock targets.

Proxy advisers demand vote against Toyota chairman, Boeing whistleblower reports increase, Fed is patient on rate moves. All discussed in this episode.

Retail sales to climb for the first time since January. Building a rate-agnostic portfolio discussed. Record open expected for Deadpool & Wolverine. Goldman Sachs raises S&P 500 year-end target. Insights on market conditions, earnings reports, and movie box office performances.

China retaliates against EU tariffs on EVs as Tesla seeks exemption. PPI data suggests a soft landing. Citi predicts a gloomy outlook for oil. Broadcom's stock split boosts optimism. Apple integrates with OpenAI, Virgin Galactic splits stock, Seeking Alpha hosts investing summit, and oil market forecasts are discussed.

Elon Musk, CEO of Tesla and SpaceX, talks about Tesla shareholders approving his pay package and Texas move. Other topics include Meta Platforms reducing executive positions and Terraform Labs settling a lawsuit with the SEC. They also touch on Apple's chat payment issue, a court ruling in favor of Amazon, and Frontline CEO's decision on Red Sea ship return.