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

We've made it to the middle of the week, the final day of trading in the month of April.

Thanks for joining us today on this Wednesday, April 30th. I'm Julie Morgan.

Sony surges. Waymo and Toyota eye the road ahead and snap takes a hit.

Shares of Sony Group rose on the Tokyo Stock Exchange on Wednesday following reports that the

company is considering spinning off its semiconductor unit. The stock rose 7.1% in Tokyo, its highest closed since March 28th. The nation's markets were

closed for a holiday on Tuesday. Sources familiar with the matter told Bloomberg that the

semiconductor spinoff could occur as early as this year, though no formal announcement has been

made. Investors have responded positively, betting that structural reforms could better highlight

Sony's diversified business strengths across electronics, entertainment, and technology.

Alphabet's Waymo and Toyota Motor announced a preliminary deal to jointly explore developing a new

autonomous vehicle platform and ways to enhance next generation personally owned vehicles.

The collaboration will focus on further accelerating the development and deployment of driver

assistance and automated driving technologies. The company said the scope of

the collaboration will continue to evolve through ongoing discussions. Toyota's autonomous

driving technology unit woven by Toyota will also join the potential collaboration.

If you remember, last week, Alphabet CEO signaled the possibility of personal

ownership of Waymo Robo taxis in the future. Snap is down 13% in pre-market trading after the

company posted an unexpected loss despite topping revenue expectations. Snap also omitted guidance amid an uncertain macroeconomic environment.

Revenue grew 14% year over year to 1.36 billion,

topping analyst's consensus for $1.34 billion.

And earnings before interest, taxes, depreciation, and amortization made a better than expected surge

...