Rate lock volumes plunged in April as mortgage rates keep climbing. Hospitals seek price hikes to offset rising nursing costs.  Lockheed is seeking to double the output of Javelin anti-tank missiles. Catch today’s WSB article here.

Wall Street Breakfast May 9: Rate Lock Volumes Plunged in April as Mortgage Rates Keep Climbing

Seeking Alpha's flagship Wall Street Breakfast provides investors an overview of key investment news every morning and afternoon.Transcripts: seekingalpha.com/wsb

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Nike closing in on new deal with Iowa star, including signature shoe. (0:16) Philly Fed manufacturing highest since April '22 (1:39) Deutsche Bank cries 'uncle' on its Tesla Buy. (3:29) Show NotesApple might wait until September to reveal most new AI features14 companies with a near-term catalyst around 1Q earnings - MSEpisode transcripts seekingalpha.com/wsbSign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.

Air Caitlin Clark?

Snapchat (SNAP) surges as TikTok (BDNCE) bill on potential fast track through Congress. (00:23) Micron (MU) to get $6.1B grant from U.S. for local chipmaking projects. (01:14) 23andMe (ME) CEO Anne Wojcicki eyes taking DNA-testing company private. (02:06)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: EFX, DUOL, and moreTesla to let go of 285 employees in Buffalo, New YorkOracle to invest over $8B in Japan to meet cloud computing, AI demandNvidia retakes top spot from Tesla as IBKR's most actively traded during 'chaotic' weekSign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.

TikTok divestment bill on potential fast track

Zepbound sees positive outcomes in Phase 3 clinical trials for sleep disorder. (0:16) Walmart teams up with Jessica Simpson. (3:25) Cathie Wood's flagship ARRK ETF falls below key technical level. (3:42)Show NotesWedbush says these housing stocks can benefit from rising interest ratesEpisode transcripts seekingalpha.com/wsbSign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.

Lilly weight loss drug succeeds in sleep apnea trial

Federal Reserve's restrictive policy needs more time to work, Jerome Powell says. (00:28) Theft Auto publisher Take-Two Interactive to lay off 5% of workforce. (01:24) Hawaiian Electric hits 40-year low as wildfire probe does not fault first responders. (02:38)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: UAL, JBHT, and moreEvercore considers DOJ vs. Google a bigger risk to Apple than DOJ vs. AppleShopify pits employees against each other to achieve higher pay - reportSA Analyst Roundtable: What's next for Boeing?  Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.

Fed’s restrictive policy needs more time to work

10-year Treasury yield nearing a full point rise for 2024. (0:16) UnitedHealth rallies on solid results. (2:19) Fund managers are so bullish it might be time to sell. (4:13)Show NotesAMD unveils new chips to power AI PCs in race against Intel and NvidiaEpisode transcripts seekingalpha.com/wsbSign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.

Wall Street Breakfast May 9: Rate Lock Volumes Plunged in April as Mortgage Rates Keep Climbing

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