Bargain week begins
Wall Street Breakfast
Seeking Alpha
3.8 • 950 Ratings
🗓️ 7 July 2025
⏱️ 5 minutes
🧾️ Download transcript
Summary
Episode transcripts seekingalpha.com/wsb.
Show links:
Biggest stock movers Monday: TSLA, WNS, and more
Stock index futures fall as Trump threatens tariffs on BRICS-aligned nations
Carney says possible oil pipeline project is 'highly likely’ in Canada
Oracle is said to offer big discounts to U.S. government on software
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Transcript
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| 0:00.0 | Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning. |
| 0:08.0 | Thanks so much for joining us on this Monday, July 7th. I'm Julie Morgan. |
| 0:13.4 | A quick look at our top stories this morning. My favorite sport, shopping, kicks into high gear this week. |
| 0:20.3 | Trump sets a trade deadline and a dino-sized debut at the |
| 0:24.2 | box office. Retailers are running their summer sales events this week vying to attract bargain |
| 0:30.8 | hunters and what could be one of the busiest shopping periods of the year. Amazon Prime Day starts |
| 0:36.7 | Tuesday, July 8th, and has been extended |
| 0:39.3 | from the usual two days to four. BFA forecast over $21 billion in gross merchandise volume |
| 0:46.7 | for the event, up about 60% year over year. According to Nilsen IQ, Amazon's two-day prime event in 2024, rivaled the scale of |
| 0:57.5 | the entire five-day cyber-five weekend, which includes Thanksgiving, Black Friday, the weekend |
| 1:03.6 | following, and Cyber Monday. Given the success of Prime Day over the years, other retailers have |
| 1:09.6 | launched their own competing events. |
| 1:12.1 | Walmart will kick off Walmart deals on the same day tomorrow, July 8th, one-upping Amazon |
| 1:18.0 | by extending the event from four days to six. The event will happen both online and in stores |
| 1:24.5 | for the first time, with early access to be given to Walmart plus members starting |
| 1:29.3 | today at 7 p.m. Eastern Time. Other events include Target Circle Week, which started yesterday and |
| 1:36.3 | continues through the 12th. Best Buy's Black Friday and July sale starts today through the 13th. |
| 1:42.9 | And Cole's summer cyber deal starts today through the 13th, and Cole's summer cyber deal starts today through the 10th. |
| 1:48.4 | Commerce Secretary Howard Lutnik confirmed that President Trump's new tariffs targeting individual |
| 1:53.9 | countries will take effect on August 1st, providing some extra time for negotiations. |
| 2:00.2 | Trump told supporters Sunday before departing New Jersey for Washington that they'll have |
| 2:04.8 | most countries done by July 9th with either a letter or a deal. |
... |
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