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Wall Street Breakfast

Markets march higher

Wall Street Breakfast

Seeking Alpha

Business, Investing, Business News, News

3.8950 Ratings

🗓️ 20 October 2025

⏱️ 5 minutes

🧾️ Download transcript

Summary

Stock index futures rise ahead of busy earnings week, inflation data. (00:25) Chinese-linked hackers breached F5 networks for months, U.S. and U.K. issue warnings. (01:13) Amazon Web Services outage disrupts Snapchat, Robinhood and more. (02:41)

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

Thanks so much for joining us on this Monday, October 20th. I'm Julie Morgan.

0:13.5

Wall Street's waking up on the right side of the bed. Hackers turned F5's own code against it,

0:19.4

and your favorite app, website, or game may not be working this morning.

0:25.4

Stock index futures are in the green on this Monday. Traders are gearing up for a big earnings week in the retail inflation report.

0:33.7

S&P futures are up 0.4%. NasdaQ 100 futures are up 0.3% and Dow futures are up 0.2%.

0:44.1

Deutsche Banks Henry Allen said this week will get the postponed CPI release for September,

0:50.3

which is coming out on Friday just in time for the FOMC meeting the week after.

0:55.4

Allen said economists are expecting headline CPI to come in at a 0.42% monthly gain,

1:02.4

which would push the annual rate up to 3.1% and be the strongest monthly print since January.

1:09.6

We've entered day 20 of the government shutdown.

1:13.5

State-sponsored hackers believed to be linked to China infiltrated systems at cybersecurity firm

1:19.8

F5. The hackers got in in late 2023 and remained undetected for months until their discovery

1:26.6

in August of 2025.

1:29.2

According to Bloomberg News, the attackers reportedly exploited a flaw in F5's own software

1:34.9

that had been left exposed online after company's staff failed to follow internal security guidelines.

1:41.6

Once inside, they gained long-term access to the network, downloading files from

1:46.6

F5's Big IP application suite, including portions of source code and data on unpatch vulnerabilities.

1:54.0

F5 disclosed the breach in a regulatory filing, describing it as a persistent intrusion. The company's

2:00.7

shares fell more than 10% following the

2:03.3

announcement. Security officials said the hackers deployed Brickstorm, a type of malware

2:08.9

associated with a Chinese threat group known for stealthy long-term access to technology and legal

...

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