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Wall Street Breakfast

Joby’s taking off

Wall Street Breakfast

Seeking Alpha

Business, Investing, Business News, News

3.8950 Ratings

🗓️ 29 October 2025

⏱️ 5 minutes

🧾️ Download transcript

Summary

Joby Aviation (JOBY) shares soar after teaming up with Nvidia to advance autonomous flight tech. (00:25) Nvidia (NVDA) stock nears historic $5 trillion mark on upcoming Trump-Xi Blackwell chip talk. (01:17) No food stamps from next month as USDA says 'the well has run dry.’ (01:55)

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.

0:07.6

We've made it to the middle of the trading week.

0:09.9

Today is Wednesday, October 29th. I'm Julie Morgan.

0:14.3

AI in the skies, a trillion dollar milestone on the ground, and the clock is ticking as the shutdown is set to cut off food aid

0:22.3

for millions of people. Joby Aviation is teaming up with NVIDIA to advance the development of its

0:29.8

super pilot autonomous flight system. The partnership will use NVIDIA's new IGX Thor computer

0:36.2

platform powered by its advanced Blackwell AI chips.

0:40.3

The technology gives Joby's aircraft the ability to process huge amounts of data, make real-time flight decisions, and respond to weather, air traffic, or unexpected events, almost like a human pilot.

0:53.3

It'll even be able to predict maintenance needs

0:56.3

before a problem happens. The flight research lead at Joby said the autonomous systems underdevelopment

1:02.9

at Joby are poised to complement human intelligence by providing speed, precision, and stamina beyond

1:09.8

what a person alone is capable of. Joby Aviation is up

1:14.0

7% in early trading. Sticking with NVIDIA, NVIDIA shares have popped in pre-market action,

1:21.7

putting the chipmaker on track to surpass a $5 trillion market capitalization, a milestone no public company has ever reached.

1:30.6

As of the time of this recording, NVIDIA is up 3.2% at $207.92.

1:37.8

NVIDIA is lifted by President Trump's remarks that he expects to speak with China's

1:42.5

Xi Jinping about the company's flagship Blackwell

1:45.9

AI chip. The stock has rallied nearly 50% year-to-date, adding about $1.6 trillion in market value.

1:55.3

As the government enters the 29th day of the ongoing shutdown, the U.S. Department of Agriculture

2:00.7

announces no new benefits

2:02.7

will be issued next month under the Supplemental Nutrition Assistance Program. Starting November 1st,

2:08.9

federal food aid will be suspended, impacting millions of Americans, about one in eight people

...

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