meta_pixel
Tapesearch Logo
Log in
Wall Street Breakfast

Dominion, Fox News Settle Defamation Case

Wall Street Breakfast

Seeking Alpha

Business News, News, Business, Investing

4.11K Ratings

🗓️ 19 April 2023

⏱️ 12 minutes

🧾️ Download transcript

Summary

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).

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

Show links:

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

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

Good morning. Today is Wednesday, April 19th, and I'm your host Julie Morgan.

0:12.0

A settlement in the defamation case between Dominion Voting Systems and Fox News.

0:18.0

The decision comes one day after a delay in the trial.

0:21.0

Today is stock of the week Wednesday.

0:24.1

We're hearing from Kirk Spano.

0:26.0

He's the investing group's leader of margin of safety investing on seeking

0:30.6

Alpha.

0:31.2

And today he's talking about not just one stock but an entire industry.

0:35.6

I think that the space industry has the potential of being the next giant thing after the energy transition.

0:44.0

Tesla is cutting prices in the United States again.

0:47.5

One version of the Model 3 is now less than $40,000.

0:52.0

Our top story. Dominion Voting Systems and Fox News have settled their

0:57.7

$1.6 billion defamation case for $787.5 million dollars. The trial was supposed to last six weeks but it barely even

1:07.2

started on Tuesday. Here's what happened. After an unexplained one day delay the trial formally began Tuesday morning by wrapping up jury selection.

1:16.8

The judge postponed the beginning of opening statements until after lunch.

1:21.0

The reason for this was so as to not break up the two parties arguments.

1:25.2

After lunch court was supposed to resume around 1.30, but more than two hours passed.

1:30.8

Then the judge returned to the courtroom saying that the parties had

1:34.1

resolved their case. This surprise announcement came with just half an hour left in

1:39.2

the court's scheduled day. Dominion attorneys say the settlement represents accountability and a ringing

1:45.3

endorsement of truth and democracy. Fox News said they were pleased to have reached a

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Seeking Alpha, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Seeking Alpha and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.