Levi's frayed forecast
Summary
Host Julie Morgan covers Levi Strauss shares dropping 6% despite Q2 earnings beats due to conservative tariff-laden guidance. Monster Beverage announces a two-for-one stock split, while DraftKings and Flutter rise after Michael Burry discloses new stakes. The episode also notes SK Hynix’s oversubscribed US listing, AP’s 14% jump on strong orders, and updates on crude, Bitcoin, gold, and European markets.
Topics discussed
Welcome to Wall Street Breakfast
Levi Strauss earnings beat but stock drops on tariff outlook
Monster Beverage announces 2-for-1 stock split
Michael Burry stakes in DraftKings and Flutter
SK Hynix IPO oversubscribed and Paramount deal news
Market snapshot: Oil, Bitcoin, Gold, and European indices
Apple shares rise and economic calendar highlights
Sign-off and Seeking Alpha subscription promo
Listen ad-free on Castria