The Daily Business and Finance Show - Monday, 13 May 2024 We get our business and finance news from Seeking Alpha and you should too! Subscribe to Seeking Alpha Premium for more in-depth market news and help support this podcast. Free for 14-days!

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Today's headlines:

• Roaring Kitty's return amps up meme stock animal spirits - GME +100%
• BYD Company sends shockwaves across auto with its cheap Seagull electric vehicle model
• President Biden faces calls to take on grocery store price-fixing issue
• Pump the brakes on $53B Chevron-Hess merger, Chuck Schumer tells FTC
• Walgreens jumps amid report that potential Boots buyers are being contacted
• China asks tech firms to favor local AI chips over Nvidia's: The Information
• SunPower, other solar stocks surge on Biden tariff plans
• Fisker jumps on $3.46M capital raise from existing investor
• Stocks with more than 10% short interest - Finviz Screener

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This podcast is produced by Klassic Studios

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The Daily Business and Finance Show - Sunday, 12 May 2024 We get our business and finance news from Seeking Alpha and you should too! Subscribe to Seeking Alpha Premium for more in-depth market news and help support this podcast. Free for 14-days!

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Today's headlines:

• Bitcoin stands to gain from U.S. fiscal dominance, Trump victory: StanChart
• Trump asks oil industry for $1B, pledging to scrap Biden energy policies
• Three big things in auto: China may win on EVs, ICE suppliers are undervalued and AI is in the mix
• Elon Musk says Starlink is under pressure from solar storm
• Cannabis rescheduling unlikely to happen by end of year -- Seeking Alpha survey
• Chinese equities bear sentiment is still a contrarian play with opportunities - BTIG
• Bankruptcy filings at highest in a year as interest rates bite: S&P Global
• Real estate stocks continue to outperform broader markets with increased chances of rate cut
• JPMorgan hires $28B Merrill private wealth team

Explanations from OpenAI ChatGPT API with proprietary prompts.

This podcast provides information only and should not be construed as financial or business advice.

This podcast is produced by Klassic Studios

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The Daily Business and Finance Show - Saturday, 11 May 2024 We get our business and finance news from Seeking Alpha and you should too! Subscribe to Seeking Alpha Premium for more in-depth market news and help support this podcast. Free for 14-days!

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Today's headlines:

• Biden set to announce 100% tariffs on Chinese EVs
• AI-discovered drugs have an 80%–90% success rate: study
• Global renewable energy grew by 30%, but demand is still too high for supply - Ember
• Marijuana THC potency at all-time high - DEA
• Bitcoin stands to gain from U.S. fiscal dominance, Trump victory: StanChart
• Nasdaq, S&P, Dow end solidly higher for the week as investors eye CPI data
• Cannabis rescheduling unlikely to happen by end of year -- Seeking Alpha survey
• Bristol Myers' Opdivo fails in Phase 3 lung cancer study

Explanations from OpenAI ChatGPT API with proprietary prompts.

This podcast provides information only and should not be construed as financial or business advice.

This podcast is produced by Klassic Studios

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The Daily Business and Finance Show - Friday, 10 May 2024 We get our business and finance news from Seeking Alpha and you should too! Subscribe to Seeking Alpha Premium for more in-depth market news and help support this podcast. Free for 14-days!

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Today's headlines:

• McDonald's franchisees balk at plans to revive $5 Meal Deal
• One in eight U.S. adults admits to GLP-1 usage as public awareness climbs
• AI-discovered drugs have an 80%–90% success rate: study
• Exxon slapped with $725M jury verdict over mechanic's cancer diagnosis
• There could be high drama around Tesla's shareholder meeting next month
• Billionaire investor Jim Simons dies at 86, Simons Foundation says
• Novavax surges as Sanofi COVID vaccine deal boosts outlook
• Marijuana THC potency at all-time high - DEA
• Nasdaq, S&P, Dow lose steam, trade mixed after consumer sentiment falls to six-month low

Explanations from OpenAI ChatGPT API with proprietary prompts.

This podcast provides information only and should not be construed as financial or business advice.

This podcast is produced by Klassic Studios

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The Daily Business and Finance Show - Thursday, 9 May 2024 We get our business and finance news from Seeking Alpha and you should too! Subscribe to Seeking Alpha Premium for more in-depth market news and help support this podcast. Free for 14-days!

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Today's headlines:

• Tesla talks up full self-driving upgrade as job eliminations roll on
• Elon Musk’s Neuralink reports malfunction in first in-human brain implant
• Medical Properties Trust stock drops after Q1 earnings fall short of consensus
• BP aims to buy Tesla supercharging sites for U.S. expansion - Bloomberg
• Energy Transfer sees midstream space ripe for more M&A
• Main Street Capital reports Q1 result
• DOJ unveils task force on healthcare antitrust issues
• Warner Bros. Discovery flips to a gain after confirming new Lord of the Rings movie

Explanations from OpenAI ChatGPT API with proprietary prompts.

This podcast provides information only and should not be construed as financial or business advice.

This podcast is produced by Klassic Studios

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The Daily Business and Finance Show - Wednesday, 8 May 2024 We get our business and finance news from Seeking Alpha and you should too! Subscribe to Seeking Alpha Premium for more in-depth market news and help support this podcast. Free for 14-days!

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Today's headlines:

• Energy Transfer GAAP EPS of $0.32 misses by $0.07, revenue of $21.63B beats by $720M
• Zscaler tumbles as company confirms ongoing investigation into possible data breach
• Plug Power Q1 results preview: Cost cutting and capital raises in focus
• Warner Bros. Discovery ponders layoffs, price hikes to reach goals: report
• Arm slumps as Q4 results, guidance fail to live up to lofty expectations
• Medical Properties Trust tenant Steward Health starts marketing hospitals for sale - report
• Exact Sciences down 17% on quarterly bottom line miss, maintaining 2024 guidance
• Costco Wholesale April sales rises 7.1%
• Blue Owl Capital NII of $0.47 misses by $0.02

Explanations from OpenAI ChatGPT API with proprietary prompts.

This podcast provides information only and should not be construed as financial or business advice.

This podcast is produced by Klassic Studios

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The Daily Business and Finance Show - Tuesday, 7 May 2024 We get our business and finance news from Seeking Alpha and you should too! Subscribe to Seeking Alpha Premium for more in-depth market news and help support this podcast. Free for 14-days!

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Today's headlines:

• Apple unveils new iPad Air, iPad Pro, AI-focused M4 chip
• Boy given Pfizer experimental Duchenne muscular dystrophy therapy dies
• Nvidia next-gen AI chip likely to go into mass production late next year: analyst
• Rivian Non-GAAP EPS of -$1.24 misses by $0.08, revenue of $1.2B beats by $30M
• Natural gas, power prices turn negative in Texas, California, Arizona
• Palantir sell-off is 'golden buying opportunity,' Wedbush says
• Tesla faces another plant shutdown in Germany
• Rivian Automotive rallies with earnings on tap, Apple rumor in the mix

Explanations from OpenAI ChatGPT API with proprietary prompts.

This podcast provides information only and should not be construed as financial or business advice.

This podcast is produced by Klassic Studios

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The Daily Business and Finance Show - Monday, 6 May 2024 We get our business and finance news from Seeking Alpha and you should too! Subscribe to Seeking Alpha Premium for more in-depth market news and help support this podcast. Free for 14-days!

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Today's headlines:

• Steward Health files for Chapter 11 bankruptcy, to get $75M from Medical Properties Trust
• Palantir tumbles even as company boosts guidance, Q1 results top expectations
• Medical Properties Trust drops after its biggest tenant files for bankruptcy
• Medical Properties Trust commits to $75M exit financing for Steward Health
• More jobs cuts at Tesla as company trims staff in service, software, and engineering - report
• Elon Musk calls on Warren Buffett to take a stake in Tesla
• Boeing's stock falls on FAA probe of 787 safety inspections
• Sterling Infrastructure, Inc.pr reports Q1 results
• Shell sold millions of 'phantom' carbon credits to Canadian oil sands firms - FT

Explanations from OpenAI ChatGPT API with proprietary prompts.

This podcast provides information only and should not be construed as financial or business advice.

This podcast is produced by Klassic Studios

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The Daily Business and Finance Show - Sunday, 5 May 2024 We get our business and finance news from Seeking Alpha and you should too! Subscribe to Seeking Alpha Premium for more in-depth market news and help support this podcast. Free for 14-days!

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Today's headlines:

• Buffett says Apple likely to be largest investment at 2024-end, despite Q1 stake cut (update)
• Ford has an $80B beast under the hood. Will investors start noticing?
• Warren Buffett cautions against role of AI in scamming people
• Tesla sets sights on Europe in latest self-driving push
• What's next for Apple? SA analysts express skepticism about impact of massive buyback
• Buffett praises bet in Japanese trading houses, says Berkshire will be 'American-oriented'
• FTC's attack on high-profile exec rattles oil industry, sparks concern over deals
• Paramount now in formal negotiations with Apollo, Sony over acquisition
• Trump Media accounting firm charged by SEC with 'massive fraud'

Explanations from OpenAI ChatGPT API with proprietary prompts.

This podcast provides information only and should not be construed as financial or business advice.

This podcast is produced by Klassic Studios

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The Daily Business and Finance Show - Saturday, 4 May 2024 We get our business and finance news from Seeking Alpha and you should too! Subscribe to Seeking Alpha Premium for more in-depth market news and help support this podcast. Free for 14-days!

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Today's headlines:

• Soft jobs report helps Nasdaq, S&P, Dow close out busy week on a positive note
• PayPal downgraded to Accumulate at Phillip as Rule of 40 doesn't add up
• Buffett's Berkshire Hathaway slashes Apple stake in Q1
• Bonds are in an early secular bear market, stocks in a late secular bull market - analyst
• Warren Buffett cautions against role of AI in scamming people
• Palantir Q1 earnings preview: Focus on commercial division growth, AI platform
• Another meme rally? GameStop launched 51% higher in two-day rally
• Berkshire Hathaway Q1 operating earnings gain 39% Y/Y, cash hits record $189B
• Ford has an $80B beast under the hood. Will investors start noticing?

Explanations from OpenAI ChatGPT API with proprietary prompts.

This podcast provides information only and should not be construed as financial or business advice.

This podcast is produced by Klassic Studios

Learn more about your ad choices. Visit megaphone.fm/adchoices