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Wall Street Breakfast

Wall Street Breakfast November 18: Mortgage Rates Tumble

Wall Street Breakfast

Seeking Alpha

Business, Investing, Business News, News

3.8950 Ratings

🗓️ 18 November 2022

⏱️ 10 minutes

🧾️ Download transcript

Summary

Mortgage rates tumble to 6.61%, biggest drop since 1981. Amazon (AMZN) CEO says role eliminations will extend into 2023. Twitter (TWTR) risks grow as employees reject Musk's 'hardcore' ultimatum. Roku (ROKU) cutting jobs by 5% to slow 2023 expense growth. Learn more about these stocks with a free trial of Seeking Alpha Premium here.

Transcript

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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, November 18th,

0:14.0

and I'm your host Julie Morgan.

0:15.8

Our top stories.

0:17.3

Mortgage rates fall.

0:19.0

The result of the Elon Musk Cardcore ultimatum.

0:22.3

Amazon says job cuts will continue.

0:25.0

What was Genesis up to before pausing withdrawals?

0:28.0

Google's payouts.

0:30.0

Tight power supply this winter.

0:32.0

Roku is cutting jobs.

0:34.4

When Dixie's parent company is looking for a buyer,

0:37.5

Bath and Body Works is in our day watch,

0:40.3

and Ticketmaster is out of Taylor Swift Tickets.

0:44.0

So what exactly is the Quant rating? How do you come up with it?

0:48.0

Those are fair questions and two questions that Seeking Alpha gets quite often.

0:53.4

The Quant rating is Seeking Alpha's way of telling you how they feel about a stock,

0:58.1

buy, sell, or hold.

0:59.7

You can find the Quant rating on the stock's dedicated page on Seeking Alpha.

1:04.4

That page also has other information, like earnings dates and how well the stock has performed

1:09.6

over a certain period of time.

...

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