Wall Street Breakfast

AT&T (T) posts worst drop in years as analysts weigh another hard cash-flow road ahead (00:34). U Power (UCAR) surges 1,150% intraday in its market debut (04:07). Clorox (CLX) announces job cuts, joining a growing list of layoffs in 2023 (07:37).

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Seeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.

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Wall Street Breakfast on Twitter

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Tesla reverses and hikes prices after months of cuts
Cathie Wood puts a $2,000 price target on Tesla for 2027, driven by robotaxis
AT&T: Free Cash Flow Freak Out
T-Mobile US deal for Ryan Reynold's-backed Mint Mobile under DOJ review - report
United Airlines outlines delays for Boeing deliveries
Hasbro reportedly discussing sale of EOne studio back to founder

Tesla (TSLA) falls after lower pricing, high expenses contribute to margin miss (00:57). U.S. GoldMining (USGO) prices $20M IPO, debuts today.(08:27) Autoliv (ALV) invests in new airbag cushion plant to expand its footprint in Vietnam (03:29).

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Wall Street Breakfast:
Seeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.

Seeking Alpha Premium:
A comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.

Alpha Picks:
Alpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.

Wall Street Breakfast on Twitter

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Tesla, Inc (TSLA) ESPN layoffs reported to start next week
SeatGeek said to file confidentially for IPO - report
Crypto clients are not to blame for Signature Bank collapse, NYDFS head says
Mike Fay with BlockChain Reaction
Catalyst Watch: Earnings season picks up steam, housing data due
Amgen wins appeals court ruling in patent dispute over psoriasis drug Otezla
Amgen Has Long-Term Staying Power

Dominion, Fox News (FOX) settle $1.6B defamation case for reported $788M (00:52). Netflix (NFLX) flags as subscribers beat, but revenue slows in Q1 (02:11).Tesla (TSLA) cuts U.S. prices for sixth time this year ahead of Q1 results (07:08).

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Wall Street Breakfast:
Seeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.

Seeking Alpha Premium:
A comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.

Alpha Picks:
Alpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.

Wall Street Breakfast on Twitter

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Walt Disney set to cut thousands of jobs next week - report
Investing Experts Podcast: Bank Earnings, Charles Schwab Takeover And Clean Energy With Kirk Spano
Netflix earnings call: Password crackdown goes global; buybacks to increase
Opendoor makes second round of layoffs as housing slump persists
Meta reportedly ready to move on new round of job cuts
Investing Experts Podcast: Julian Lin's Top Tech Picks
Google reportedly launching its foldable phone in June, pushing Samsung

Bellus (BLU) surges ~100% after GSK (GSK) reaches deal to acquire cough drugmaker for ~$2B (00:41). Apple (AAPL) opens its first store in India, building out consumer base (03:41). Meet the only electric vehicles that will qualify for the full U.S. tax credit (08:03).

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Wall Street Breakfast:
Seeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.

Seeking Alpha Premium:
A comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.

Alpha Picks:
Alpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.

Wall Street Breakfast on Twitter

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Bellus Health: Building Momentum Around CALM, SOOTHE Studies
Apple Card launches 4.15%-yield savings account with Goldman Sachs
Florida's DeSantis ramps more threats against Disney over tax-district scuffle
Court overturns Berkeley's first-in-the-U.S. ban on natural gas
Chevron showcases renewable gas blend as alternative to electric vehicles

Merck (MRK) inks ~$11B all-cash deal to acquire Prometheus (RXDX). (00:35) Fox News (FOX) defamation trial delayed amid reports of settlement push (01:47). Panasonic (PCRFF) to build its third EV battery plant in the US, Oklahoma this time (09:02).

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Wall Street Breakfast:
Seeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.

Seeking Alpha Premium:
A comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.

Alpha Picks:
Alpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.

Wall Street Breakfast on Twitter

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Merck & Co., Inc. Is Getting Healthier
After Tesla, rival Xpeng to cut costs in China with new vehicle manufacturing platform
Best Buy to cut staff across the country - report
Chia Network, crypto blockchain developer, files confidentially for IPO
Sega Sammy reportedly close to deal for 'Angry Birds' maker Rovio
Teck approached by Vale, Anglo American, Freeport McMoRan to explore deals - report
Catalyst Watch: Earnings season picks up steam, housing data due

Timely market insights with Investing Expert Kirk Spano. Fed rhetoric and interest rates (2:00), What recent bank earnings mean for the financial sector (4:50), Charles Schwab (SCHW) absorbing TD Ameritrade is a big deal nobody's talking about (8:15), Compelling investments in energy sector (12:00). This is an abridged conversation from Seeking Alpha's Investing Experts podcast.

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Wall Street Breakfast:
Seeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.

Seeking Alpha Premium:
A comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.

Alpha Picks:
Alpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.

Wall Street Breakfast on Twitter

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Kirk Spano on Seeking Alpha

Margin of Safety Investing

Dilution And M&A Coming To Banks

How To Avoid Losing Money Through The Volatility

Seeking Alpha Investing Groups

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The travel and transportation sectors are in for a slew of key updates in the earnings week ahead.
Tesla (NASDAQ:TSLA) expected to post updates, amid ongoing price wars in the electric vehicle industry. And, California is launching major changes in how solar energy is measured.

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Wall Street Breakfast: seekingalpha.com/wsb
Seeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.

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A comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.

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Alpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.

Twitter: https://twitter.com/WallStBreakfast

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Stocks to Watch:
https://seekingalpha.com/article/4594230-stocks-to-watch-eyes-on-the-health-of-financials-housing-sector

Catalyst Watch:
https://seekingalpha.com/news/3956620-catalyst-watch-earnings-season-picks-up-steam-housing-data-due?hasComeFromMpArticle=false

Earnings Week Ahead:
https://seekingalpha.com/news/3956682-earnings-week-ahead-tesla-att-charles-schwab-netflix-and-more?hasComeFromMpArticle=false

Tesla Expands Price Cuts:
https://seekingalpha.com/news/3956519-tesla-expands-its-price-cut-to-europe-singapore-and-israel

California Solar Energy:
https://seekingalpha.com/news/3956760-california-cuts-home-solar-incentives-but-analyst-sees-installations-staying-strong

Catalyst watch for the week of April 16. Seeking Alpha Associate News Editor, Kevin Curran says investors can expect the latest housing indicators in the week ahead (00:37). You should also look out for more on bank earnings as well as earnings from Tesla (TSLA) and Netflix (NFLX). (02:21) Hot topic: Josh Harris is buying the NFL's Washington Commanders for a record $6B (06:24).

Our links:

Wall Street Breakfast:
Seeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.

Seeking Alpha Premium:
A comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.

Alpha Picks:
Alpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.

Wall Street Breakfast on Twitter

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Apollo co-founder Harris to buy NFL's Commanders for record $6B - reports
Tesla expands its price cut to Europe, Singapore, and Israel
Tesla to cut prices in Hong Kong by nearly double digit percentages - report
Tesla could continue cutting prices, analysts advise
Tesla cuts prices on all U.S. models

Banks Q1 earnings focus on deposit levels, outlook (00:31). DOJ says Adobe (ADBE) agrees to $3M settlement over kickback allegations (04:44). NY-based menswear brand Bonobos bought by Express (EXPR) and WHP from Walmart (WMT) for $75M (05:30).

Our links:

Wall Street Breakfast:
Seeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.

Seeking Alpha Premium:
A comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.

Alpha Picks:Alpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.

Wall Street Breakfast on Twitter

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Wells Fargo reportedly scheduled to meet OCC staff at end-week
WeWork venture said to default on $240M loan for San Francisco office building
Oracle's NetSuite unit tells employees to return to office
Psychedelic mushroom producer First Person updates IPO terms
DAVIDsTEA to voluntarily delist from Nasdaq after April 14 market close
Apollo co-founder Harris to buy NFL's Commanders for record $6B - reports
Europe creates task force to look into OpenAI's ChatGPT
Express Is Now Basically A Long-Dated Call Option
Express, Inc: A Very Unsafe Bet With A Silver Lining

Consumer inflation eases in March: core CPI rises 5.6% Y/Y, as expected (00:43). SoftBank (SFTBY) sells most of its remaining Alibaba (BABA) stake amid decline in its technology investment, limiting China exposure (02:34). Newly public Alliance Entertainment (AENT) files for Nasdaq uplisting, offering (08:51).

Our links:

Wall Street Breakfast:
Seeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.

Seeking Alpha Premium:
A comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.

Alpha Picks:
Alpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.

Wall Street Breakfast on Twitter

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Crude oil jumps after Granholm says U.S. could start to refill reserve this year
Mike Fay, BlockChain Reaction: CleanSpark: Production Growth Is On Track
3M’s healthcare spinoff may not stay in Minnesota, Star Tribune reports
So long, HBO name: WBD goes for 'Max' power in merged streaming service
IBM exploring sale of its weather business - report
Broadcom slips as European agency sends 'statement of objections' over VMware deal
Tesla to cut prices in Hong Kong by nearly double digit percentages - report
US GoldMining updates terms for proposed $20M US IPO