Alpha TALKS is a weekly podcast and video covering what moved markets this week (WMMTW), featuring a panel of Seeking Alpha editors.
Hosted by Nathaniel E. Baker, Contributing Editor, and this week featuring:

Bradley Olesen, VP News;

Stephen Alpher, Managing Editor News, co-host of Seeking Alpha's Alpha Trader podcast;

Special guest Jason Aycock, Senior Editor, Media and Telecoms.

Big Picture (0:49)
A busy week in terms of events, with a record-breaking drop for U.S. GDP, Federal Reserve policy announcement, and quarterly corporate earnings among the highlights.
Negotiations in Washington are ongoing over a new or revised unemployment package.
Winners & Losers (2:06)
Idiosyncratic events moved stocks in a busy week for earnings, with Intel (INTC) and Seagate Technology (STX) dropping on disappointing earnings. "Old world" stalwarts like Boeing (BA) and General Electric (GE) also reported quarterly results that fell short of estimates.
"New world" companies like Advanced Micro Devices (AMD) and Nvidia (NVDA) beat earnings and saw their stocks rally. Amazon (AMZN), Apple (AAPL), and Facebook (FB) also reported strong results, but Alphabet (GOOG) was a bit of an outlier, posting a first revenue decline for the first time in its history.
UPS (UPS) shares rallied by about 20% this week as the company beat estimates (5:30), riding the success of Amazon during the pandemic. FedEx (FDX) gained as well on the back of the news.
Ollie's Bargain Outlet Holdings (OLLI) rallied after the company surprised investors by reporting comparable sales growth of 40%. The company doesn't report full earnings until Aug. 27.
Financials (XLF) and energy (IXC) were among the worst-performing sectors for the week.
Seeking Alpha Articles & News Coverage That Caught Our Eye This Week (14:48)

Jason: Fed is infantilizing investors - Klarman;

Stephen: Eastman Kodak (KODK) coverage and Horizon Kinetics Commentary Q2 2020;

Bradley: Streaming landscape jolted as AMC caves on theatrical window?


Nat: Why Gold May Be In For A Fall This Summer by DoctorX


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