Wall Street Breakfast January 24: Second Antitrust Lawsuit Against Google?
Wall Street Breakfast
Seeking Alpha
3.8 • 950 Ratings
🗓️ 24 January 2023
⏱️ 9 minutes
🧾️ Download transcript
Summary
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Show links:
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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. |
| 0:07.0 | Good morning. Today is Tuesday, January 24th, and I'm your host Julie Morgan. Our top stories. |
| 0:14.0 | Google could be in for another lawsuit. |
| 0:16.4 | The Department of Justice is poised to sue the company over digital advertising. |
| 0:21.4 | Amazon has a new prescription service. |
| 0:24.0 | It's called Rx Pass and it'll cost you $5 a month. |
| 0:28.0 | Ticket master goes to Washington. |
| 0:30.0 | Live Nation execs are expected to tell lawmakers what happened last November during the pre-sale for Taylor Swift tickets. |
| 0:38.0 | With earning season beginning to kick into high gear over the next several sessions, |
| 0:43.2 | investors took a risk on attitude on Monday, |
| 0:46.2 | sending stocks sharply higher. |
| 0:48.2 | This added to an upswing that began late last week. |
| 0:51.5 | The NASDAQ closed up 2%. The S&P 500 ended up 1.2% and the Dow |
| 0:57.3 | finished up 0.8%. 10 of the 11 S&P sectors finished higher. This was led by a 2.3% jump in Infotech. |
| 1:06.3 | There were also better than 1% gains in communication services, consumer discretionary, |
| 1:12.0 | financials, and industrialsals, energy posted a fractional decline. |
| 1:16.7 | Mike Zakardi is an analyst and seeking alpha contributor. |
| 1:20.5 | He said Monday's rally could just be child's play ahead of earnings that began to flood in from names like Microsoft and Tesla this week and Apple Alphabet and Amazon next week. |
| 1:32.0 | He went on to say that's also when we'll hear from the Fed and |
| 1:35.2 | get the January jobs report so buckle up. Looking to the bond market rates pushed |
| 1:40.8 | higher on Monday. The 10-year Treasury yield advanced four basis points to 3.52 percent, |
| 1:47.2 | while the two-year yield climbed five basis points to 4.24 percent. |
... |
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