Category: Opinion

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Wall Street Breakfast: Nikola In The Spotlight After Founder Resigns

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify.

Nikola in the spotlight after founder resigns
Nikola (NASDAQ:NKLA) shares tumbled 30% in premarket trade after founder Trevor Milton stepped down as executive chairman and member of the company’s board, adding that he would defend himself against “false allegations leveled by outside detractors.”…

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Wall Street Breakfast: Fed Reaction

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify.

Fed reaction
Off their overnight lows, U.S.…

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Wall Street Breakfast: Merger Monday

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify.

Merger Monday
U.S. stock index futures are shooting for a comeback after the tech-heavy Nasdaq ended its worst week since March.…

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Wall Street Breakfast: Growing Media Backlash

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify.

Growing media backlash
The social hashtag “#CancelNetflix” (NASDAQ:NFLX) is gaining steam and has reached Twitter’s top trending topics as the streaming giant faces heavy flak for its controversial film Cuties.…

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Wall Street Breakfast: Race To The Bottom For Central Banks

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify.

Race to the bottom for central banks
Currency traders are preparing for a key meeting at the ECB, which has seen the euro appreciate heavily over the past few months, especially after the Fed signaled a willingness to allow inflation to overshoot its target.…

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Wall Street Breakfast: Correcting The Correction?

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify.

Correcting the correction?
It’s been a rough last few days for the Nasdaq, which touched correction territory over the course of three sessions as six of the biggest tech stocks lost more than $1T in market value.…

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Wall Street Breakfast: Heavy Losses For Tech

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify.

Heavy losses for tech
The tech carnage looks set to continue this morning after Nasdaq 100 futures reversed to trade more than 2% lower amid escalating doubts over positioning (the index plunged 6% over Thursday and Friday).…

S&P 500 
$3,236.63  $82.84 
NASDAQ 100 
$10,797.53  $139.45 
Dow Jones Industrial Average 
$26,807.61  $849.81 
Apple Inc. 
$106.88  $0.0400 
Alphabet Inc. 
$1,418.78  $41.21 
MICROSOFT CORP 
168,54 €  0,4400 € 
Tesla, Inc. 
$439.58  $2.57 
Berkshire Hathaway Inc. 
$314,485.00  $13.00 
AbbVie Inc. 
$87.89  $2.22 
Costco Wholesale Corporation 
$335.06  $0.9000 
Smartsheet Inc. 
$47.10  $1.40 
Zai Lab Limited 
$73.54  $5.73 
Western Digital Corporation 
$35.80  $1.41 
NVIDIA Corporation 
$490.52  $2.95 
Gold Dec 20 
$1,912.30  $49.80 
Crude Oil Oct 20 
$39.51  $1.81 
BTC/USD 
$10,408.64  $529.63 
Bitcoin Cash USD 
$213.64  $12.61 
LTC/USD 
$43.31  $3.79 
ETH/USD 
$340.45  $30.60 
Dogecoin USD 
$0.0026  $0.0000