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Wall Street Breakfast

Big demand for shares in J&J spinoff Kenvue

J&J share swap offer for Kenvue is oversubscribed. (0:15) Nvidia (NVDA) leads chip stocks up again as its earnings approach and the 10-year yields hits a 52-week high. (1:26) See what J.P. Morgan’s AI sentiment model says. (4:06)

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Show Notes
J.P. Morgan AI model shows sentiment sour on Fed and taxes, fading on buybacks
Medical Properties Trust slashes dividend to strengthen balance sheet
Palo Alto Networks pops as Wedbush calls Friday night call 'water under the bridge'
European natural gas prices jump as Australia LNG workers poised to strike



Broadcast on:
21 Aug 2023