Wall Street Breakfast

President Biden highlights economic achievements in State of the Union address. Reddit plans $6.5B IPO. SEC charges Sketchers for undisclosed payments. Market updates on DOCU, COST, MRVL. Barbie maker Mattel goes all out. Bitcoin hits record high.

Discussion on NVIDIA's incredible $1 trillion market cap growth, daily value increase. Positive trial results for oral weight-loss drug. JPMorgan Chase's attempted acquisition of Discover. Financial updates, stock market movements, potential acquisitions, and company news covered.

NYCB receives $1B investment boost from Mnuchin-led group. Tesla faces production setbacks post arson attack. Apple bans Epic Games' developer account. Topics also include stock movers, Starbucks layoffs, Victoria's Secret struggles, and economic focus.

Microsoft engineer raises concerns over AI tool creating violent and sexual images. Fed Chairman Powell's testimony analyzed. Palantir secures US Army contract. Oppenheimer's sector-wise buy vs. sell ideas discussed.

U.S. bill demands TikTok divest from ByteDance to avoid ban, Nordstrom's shares sink despite Q4 positive results, Berkshire's PacifiCorp ordered to pay $29M to Oregon wildfire victims

A suspected arson at Tesla Gigafactory in Germany led to employee evacuation and production halt. The podcast discusses the potential historic gasoline demand in 2025 and Target's rally on improved holiday profits. It also covers Apple's iPhone sales decline in China amidst Huawei's rising popularity.

Philip Morris faces lawsuit over Zyn pouches, Elon Musk loses top spot as world's richest, RealReal up 80% post earnings. Market trends: Biggest stock movers, Disney gains, Baxter considering kidney care unit sale.

EU fines Apple $1.95B over App Store rules for music streamers. Goldman rates Super Micro Neutral but stock surpasses target. Smaller Whole Foods Market Daily Shop stores coming. Stocks with insider buying and selling. JetBlue up, Spirit Airlines down after merger termination.

Bitcoin surges past $65,000, Google faces antitrust claims, Nikkei Index reaches 40,000. Topics include earnings previews for NIO, Costco, Target, and discussions on movie box office, stock updates, and economic calendar highlights.

Economists discuss expected rise in February payrolls and Federal Reserve speculations. OPEC+ extends supply cuts. Fisker in talks with Nissan for cash injection. Oil market updates, legal battles, CEO replacements, and market insights covered.