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Wall Street Breakfast

Catalyst Watch: CPI, Applied Materials, Super Bowl on FOX

Wall Street Breakfast

Seeking Alpha

Business, Investing, Business News, News

3.8950 Ratings

🗓️ 11 February 2023

⏱️ 14 minutes

🧾️ Download transcript

Summary

Catalyst watch for the week of February 12. Seeking Alpha Senior Managing News Editor, Kim Khan talks about what to expect with CPI. He and Seeking Alpha Senior News Editor of Media and Telecom, Jason Aycock also discuss the AI Summit West with a look back at an AI heavy week. Kim also gives an Applied Materials (AMAT) earnings preview. In addition, Jason takes a deep dive into Super Bowl advertisements, how long it took Fox (FOX) to sellout and the industry we won’t see in the ads this year.

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Twitter: https://twitter.com/WallStBreakfast

Show links:

Fox sells out Super Bowl ads, no thanks to crypto 'implosion'; Brady makes broadcast plans

Used auto prices rise in January after dealers loaded up on inventory

Applied Materials: https://seekingalpha.com/symbol/AMAT

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning.

0:07.0

Thanks for joining us today. I'm Julie Morgan, host of Wall Street Breakfast, Seeking Alpha's Daily flagship podcast.

0:14.3

This is our weekly show all about the catalyst for the upcoming week.

0:18.4

I'm joined by Kim Kahn.

0:19.9

He's the senior managing news editor at Seeking Alpha.

0:24.0

Kim, we are joined by a special guest this week,

0:27.8

the senior editor of Media and Telecom,

0:30.8

Jason Acock.

0:32.3

Thanks, thanks for having me. All right, so Kim, what? Telecom Jason Acock. Thanks.

0:33.0

Thanks for having me.

0:34.0

All right, so Kim, what's on deck for next week?

0:36.0

It's going to be a boring week.

0:38.0

I already know.

0:39.0

I'm wrong.

0:40.0

Oh, of course, yeah.

0:41.0

Now we've got inflation data and it's never boring with inflation, you know, on the macro front we're going to have the latest retail inflation numbers, the

0:48.2

CPI expected to come down again, headline number down to 6.2% and core down to 5.5%. But there's some data that just came out that through a little wrench in the works, which is on January used car sales. But used car sales, this has been an issue this entire period, am I right?

1:10.0

It has, yeah. I mean, and you know, it's been one of the most stubborn components of the

1:14.8

CPI to come down and, you know, the, you know, it finally started to decline and then that's, that you've seen that reflected

1:22.2

as the

1:22.8

CPIs cooled down a lot but there was a spike in in the auction prices for

1:27.9

used cars in January now we may not see that show up next week for the

...

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