Wall Street Breakfast

Google's search algorithm documentation leak, Biden administration backing nuclear reactors, Homeland Security targeting customs brokers. Biggest stock movers today: CRM, PATH. Activist investor sells entire Disney stake. Nvidia's post-Q1 leap vs. S&P 500 slip unprecedented. Stocks with momentum and EPS revisions discussed.

Cathie Wood from ARK Investment Management discusses investing in Elon Musk's xAI. They also dive into the potential acquisition of Marathon by Devon Energy and the increased exposure of hedge funds to the Magnificent 7 Group stocks. Market trends, PwC becoming a key customer of OpenAI, and Nvidia's rise in the AI market are also highlighted.

ConocoPhillips eyeing Marathon Oil in a major deal, Merck's $3B acquisition of eye-care startup, Robinhood's $1B share buyback plan, updates on Hess-Chevron deal, BHP's takeover bid for Anglo American, Volkswagen's low-cost electric vehicle launch in Europe in 2027

T-Mobile buys UScellular operations, boosts confidence. UBS sets high S&P target. Energy Transfer acquires WTG Midstream. Bitfarms rejects Riot offer. CrowdStrike gains valuation. Financial updates and stock analysis discussed. Insights on safety, security, S&P targets, and earnings growth predictions provided.

Hess shareholders voting on $53B Chevron deal, Micron plans new DRAM factory in Japan. Fed's Kashkari wants more inflation data, Elon Musk's AI startup hits $24B valuation. Market movers: GME, MOMO. Earnings week ahead: Salesforce, Costco, Canopy Growth. Auto insurance inflation expected to slow down.

Fed trader Chaim Siegel talks about fundamental and technical bullishness. The discussion focuses on CPI perfect numbers, Fed hiking, fighting inflation, and bonds. Siegel is bullish for 2024. The podcast explores the impact of inflation on the market and Fed's quantitative tightening.

April's core PCE price index, earnings from Salesforce, Best Buy, and Chewy. GameStop benefiting from meme resurgence. Cathie Wood notes investor intensity. Market events previews, financial updates, insights on equities and market concentration.

Burger King challenges McDonald's with $5 value meal, SEC approves Ethereum ETFs, Nvidia cuts AI chip prices in China. Podcast covers market updates like Elon Musk's tariff views, Norfolk Southern's settlement, and more.

Nvidia's soaring stock after strong earnings and stock split announcement, Live Nation facing antitrust concerns, Moderna and BioNTech's growth amid bird flu fears, updates on SpaceX satellites, Russia's 'space weapon', South Korea's chip-making commitment, and DuPont's restructuring.

Australia bans weight loss drug copycats due to adverse effects, affecting companies like Bangosuticals. Financial updates include Target's guidance fall and Vivek Ramaswamy's stake in BuzzFeed. The real AI boom darling is identified, surpassing Nvidia in the market.