Wall Street Breakfast December 9: FTC Sues To Block Microsoft, Activision Deal

Wall Street Breakfast

Seeking Alpha

Business, Investing, Business News, News

3.8 • 950 Ratings

🗓️ 9 December 2022

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Activision (ATVI) dips as FTC sues to block Microsoft's (MSFT) $69B acquisition (updated). SEC advises public firms to disclose exposure to crypto turmoil. United Airlines (UAL) poised for major order of Boeing (BA) Dreamliners - report.

Transcript

Click on a timestamp to play from that location

0:00.0	Welcome to Seeking Alpha's Wall Street breakfast, your daily source of market news and analysis.
0:06.8	Subscribe to this podcast on Apple Podcast, Spotify or Stitcher.
0:11.2	Good morning. Today is Friday, December 9th,
0:13.7	and I'm your host Julie Morgan, our top stories.
0:17.1	The FTC is suing to block the Microsoft Activision Blizzard deal.
0:21.6	Chimerex, nerdy, and Black Line are cutting jobs.
0:25.4	Is United Airlines making a major order from Boeing?
0:29.1	China delivers its first C919 airplane and Panduo Duo and Costco are in our day watch.
0:37.6	Bargin hunters stepped into the stock market on Thursday,
0:40.7	allowing the S&P 500 to break a five-cession losing streak.
0:44.6	The NASDAQ led the rebound rising by more than 1%.
0:48.3	The NASDAQ closed up 1.1%, the S&P 500 finished up 0.75% and the Dow ended up 0.55%.
0:58.0	Nine of the 11 S&P sectors posted gains on the session.
1:01.5	This was led by a 1.6 rise in Infotech, with consumer discretionary
1:06.0	also climbing more than 1%. Communication services and energy both posted mild losses.
1:12.8	Leo Nellison is a seeking alpha contributor.
1:15.6	He tells me stocks remain in no man's land as investors are not willing to bet on what
1:21.2	Jerome Powell might say next week.
1:23.7	He went on to say that today's producer price index
1:26.6	is the final piece of info policymakers get
1:29.3	before the December 13th and 14th meeting.
1:32.0	He said lower than expected numbers might boost the stock market,
	...

Please login to see the full transcript.

Previous episode | Next episode

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.