Welcome to Seeking Alpha's Wall Street breakfast, your daily source of market news and analysis.

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Good morning. Today is Wednesday, June 29th,

and I'm your host Julie Morgan.

Our top stories, Carbon Emissions,

Tesla, PG&E and NATO,

and later, Disney, Kathy Wood, Pinterest, and Apple.

Ahead of the opening bell today, Dow S&P and NASDAQ futures are mixed.

The Dow and S&P are down less than a tenth of a percent, and the NASDAQ is up less than a tenth of a percent.

In the earnings spotlight today, Paychecks, General Mills, Bed Bath and Beyond, and McCormick.

Nara Top Stories.

Finland and Sweden have taken a major step towards NATO membership

after Turkey flipped its position to support the countries joining the world's most powerful

military alliance. Public opinion in Finland and Sweden was strongly against joining

NATO until the Russian invasion of Ukraine on February 24th

when support for membership flipped almost overnight. The military buildup

could be another boon for stocks like Lockheed Martin which has climbed 20% year to date on the back of the increases in defense spending.

Once Finland and Sweden join NATO, the military alliance will expand at Russia's doorstep,

with Moscow threatening to station ballistic and nuclear

missiles on its border in response.

Following 16 hours of negotiations, the European Union has agreed to a framework to eliminate carbon emissions from new cars and vans by 2035,

effectively closing the chapter on the internal combustion engine.

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