Wall Street Breakfast

Big bear spies AI bubble


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Is there an AI bubble building in stocks or a cash generating machine? Verizon (VZ) maintains full-year forecast. Amazon (AMZN) and iRobot (IRBT) adjust terms of big merger.

Read a full transcript at Seeking Alpha.

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Look at free cash flow when evaluating AI companies - Citi
Disney falls as Atlantic Equities downgrades on TV, Disney+ worries
Consumer confidence climbs in July to highest level in two years
Meta ticks higher after New Street Research upgrades on AI efforts
RTX declines after disclosing Pratt & Whitney engine defect
3M reports Q2 loss with ‘forever chemicals’ settlement
General Motors gains after boosting guidance, hitting EV target
General Electric rises after Q2 revenue, earnings beat estimates
...more
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