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Wall Street Breakfast

It’s a wrap

Wall Street Breakfast

Seeking Alpha

Business, Investing, Business News, News

3.8950 Ratings

🗓️ 10 July 2025

⏱️ 6 minutes

🧾️ Download transcript

Summary

McDonald's brings back the popular Snack Wrap after a long hiatus. (00:21) Trump tariffs: Nissan (NSANY) halts US production for three models for Canadian market. (01:16) Taiwan Semiconductor’s (TSM) Q2 sales rise 39% as AI demand stays strong. (02:08)

Episode transcripts seekingalpha.com/wsb.

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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

It's good to be with you on this Thursday, July 10th. I'm Julie Morgan.

0:13.3

The rap battle is heating up. Nissan hits pause and Taiwan Semi report strong revenue.

0:20.5

You've been hearing about this since the spring, and now the day is finally here.

0:25.6

When you drive through McDonald's today, a familiar tasty treat will once again grace the

0:30.6

menu board, the snack wrap. Starting today, the snack wrap returns to participating restaurants

0:36.3

nationwide.

0:42.3

It features the new McCrispy strips with lettuce and cheese all wrapped in a tortilla.

0:46.3

Fans can get them in two flavors, spicy or ranch.

0:51.7

McDonald's is looking to make the most of the social media buzz surrounding the snack wrap.

0:55.4

The company issued a two-word press release just a few months ago,

0:58.5

quoting a top executive as saying, it's back.

1:03.0

Google search trends have also shown a spike in interest for the product.

1:13.4

Other fast food restaurants like Sonic and Popeyes are also entering the rap battle with their own version of the grab-and-go meal. Pre-market McDonald's is up 1.3%. Japan's Nissan Motor has suspended U.S. production of three vehicle models destined for Canada

1:22.4

due to reciprocal auto tariffs imposed by the U.S. and Canada. In a written statement, the automaker said

1:29.4

production of the Pathfinder, Moreno, and Frontier Models for Canada was paused in May,

1:35.8

calling it a short-term and temporary measure. Nissan said they hope ongoing discussions

1:41.0

between the U.S. and Canadian governments will lead to a successful agreement in the near future.

1:46.7

The production pause follows a 25% tariff imposed by the U.S. in March on auto imports, prompting retaliatory tariffs from Canada.

1:56.3

Nissan says it stopped shipping affected vehicles before the U.S. tariffs took effect, noting that pricing

2:02.6

for its U.S. built inventory in Canada remains the same.

2:08.2

Taiwan Semiconductor Manufacturing has reported a nearly 39% year-over-year surge in revenue for

...

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