Wall Street Breakfast November 18: Mortgage Rates Tumble

Wall Street Breakfast

Seeking Alpha

Business, Investing, Business News, News

3.8 • 950 Ratings

🗓️ 18 November 2022

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

🧾️ 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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