Podcasts about td cowen

Capital One's (COF) earnings miss and acquisition of fintech firm Brex have shares under pressure to end the trading week. Diane King Hall helps investors break down the latest quarterly report. On a positive note, TD Cowen upgraded Fortinet (FTNT) as it sees AI tailwinds for the company. Spotify (SPOT) got an upgrade and price target hike from Goldman Sachs following a months-long sell-off. ======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

Johnson & Johnson (JNJ) posted better-than-expected earnings but still traded to the downside. Diane King Hall points to Stelara as the cause. Meanwhile, Oklo Inc. (OKLO) rallied after BofA upgraded the stock and raised its price target. Diane turns to the beauty space for another winner in Ulta Beauty (UTLA) with Raymond James and TD Cowen seeing strong upside for shares. ======== Schwab Network ========Empowering every investor and trader, every market day.Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6DSubscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

Donald Trump hat Treffen mit den Staatsvertretern des Iran vorerst abgelehnt. Den Demonstranten versichert er, dass Hilfe auf dem Weg sei. Neben der geopolitisch Risiken, lag die Kerninflation im Dezember unter den Erwartungen der Wall Street. Auch die Berichtssaison startet im Grunde solide, wobei die Reaktionen der Aktien verhalten ausfallen. Die Aktien von Delta Airlines stehen wegen leicht verfehlter Aussichten unter Druck. Die Aktien von J.P. Morgan können von den soliden Zahlen wiederum kaum profitieren. Was wir vor dem Opening sehen, sind erneut sehr viele optimistische Analystenstimmen zum Tech-Sektor. Die Aktien von AMD, Intel und Micron werden bei der KeyBanc empfohlen. Auch die Bank of America schraubt die Ziele für Micron in den Norden. TD Cowen empfiehlt Amazon und Meta. Abonniere den Podcast, um keine Folge zu verpassen! ____ Folge uns, um auf dem Laufenden zu bleiben: • X: http://fal.cn/SQtwitter • LinkedIn: http://fal.cn/SQlinkedin • Instagram: http://fal.cn/SQInstagram

Die Futures sind nach Meldung der Verbraucherpreise nur kurz ins Plus gedreht. Die Kerninflation lag im Dezember unter den Erwartungen der Wall Street. JP Morgan und Nomura gingen davon aus, dass die Ziele des Konsenses sogar überschritten werden. Das Gegenteil ist der Fall. Auch die Berichtssaison startet im Grunde solide, wobei die Reaktionen der Aktien verhalten ausfallen. Die Aktien von Delta Airlines stehen wegen leicht verfehlter Aussichten unter Druck. Die Aktien von J.P. Morgan können von den soliden Zahlen wiederum kaum profitieren. Was wir vor dem Opening sehen, sind erneut sehr viele optimistische Analystenstimmen zum Tech-Sektor. Die Aktien von AMD, Intel und Micron werden bei der KeyBanc empfohlen. Auch die Bank of America schraubt die Ziele für Micron in den Norden. TD Cowen empfiehlt Amazon und Meta. Ein Podcast - featured by Handelsblatt. ► Mehr Einblicke: https://bit.ly/360wallstreetpc * +++ Alle Rabattcodes und Infos zu unseren Werbepartnern findet ihr hier: https://linktr.ee/wallstreet_podcast +++ Der Podcast wird vermarktet durch die Ad Alliance. Die allgemeinen Datenschutzrichtlinien der Ad Alliance finden Sie unter https://datenschutz.ad-alliance.de/podcast.html Die Ad Alliance verarbeitet im Zusammenhang mit dem Angebot die Podcasts-Daten. Wenn Sie der automatischen Übermittlung der Daten widersprechen wollen, klicken Sie hier: https://datenschutz.ad-alliance.de/podcast.html Impressum: https://www.360wallstreet.de/impressum *Werbung

The Trump administration’s bold policy announcements are creating significant investment opportunities across defense contractors, mortgage markets, and technology sectors. For investors thinking about retirement or already in retirement, understanding these market shifts is essential for protecting and growing your portfolio. Tom Dupree, Mike Johnson, and James Dupree from Dupree Financial Group break down how these policy changes affect retirement planning strategies and what it means for your investment portfolio. Defense Spending Surge Creates Investment Opportunities The Trump administration’s announcement to increase defense spending from $1 trillion to $1.5 trillion—a 50% increase—sent shockwaves through defense contractor stocks. While initial announcements about dividend and buyback restrictions caused share prices to drop 5-7%, the spending increase announcement triggered a strong rally the following day. Key Defense Investment Insights: Defense infrastructure has been underinvested for decades on a global basis Small-cap defense contractors like Credos Defense offer unique positioning with no direct competitors The company trades at an 800 price-to-earnings ratio due to its exclusive government contract capabilities Credos builds hardware for rockets, drones, and defense systems through two segments: Credos Government and Credos Unmanned Systems As Mike Johnson explained, “The whole industry, the complex had been underinvested for decades. Different laws and regulations had been passed, allocating capital to other areas. It was basically left in shambles.” The Commandant of the Marines confirmed on Fox News that current U.S. naval capacity has declined from 600 ships during the Reagan years to just over 300 ships today, highlighting the critical need for defense modernization. Mortgage Rate Policies Benefit Real Estate Investments Trump’s directive for Freddie Mac and Fannie Mae to purchase $200 billion in mortgage bonds represents a strategic move to lower mortgage rates and free up the housing market. This policy, likely advised by Treasury Secretary Scott Bessent, is already showing results. Mortgage Market Developments: 30-year mortgage rates touched 5% (down from over 6%) TD Cowen analysts project rates reaching 5.25% by year-end The policy artificially narrows the spread between mortgage bonds and Treasury yields Institutional investors may be restricted from purchasing residential properties Tom Dupree emphasized the administration’s unprecedented focus: “You don’t see an administration come out and talk about spreads between mortgage bonds and treasuries. This one’s doing it because of Scott Bessent.” For retirement investors, Dupree Financial Group holds mortgage REITs (Real Estate Investment Trusts) that benefit directly from these policy changes. These companies own large portfolios of mortgage bonds with leverage, generating dividend yields in the teens while experiencing significant price appreciation as spreads tighten. AI Sector Volatility Requires Strategic Positioning The artificial intelligence sector continues to demonstrate extreme volatility, with some stocks dropping 50-60% from recent highs while others surge dramatically. Applied Digital, a company held in Dupree portfolios, recently reported earnings that exceeded expectations by 54% (actual revenue: $126 million vs. expected $82 million). AI Investment Realities: SanDisk Corp became the largest S&P gainer in 2025, up 585% Applied Digital eliminated losses, reporting zero EPS versus the expected 11-cent loss Oracle dropped 40% despite being a mega-cap company The equal-weight S&P 500 outperformed the market-cap-weighted index by over 1% in a single day James Dupree noted about Applied Digital: “They absolutely blew out their earnings. Expected revenue was supposed to be around 82 million, and they ended up reporting 126 million.” This volatility underscores the importance of personalized portfolio management that balances growth opportunities with income-producing investments. Market Breadth Signals Healthy Rally Expansion The broadening of the market rally beyond the “Magnificent Seven” technology stocks represents a significant shift. On one recent trading day, the S&P 500 was flat while the equal-weight S&P 500 gained 1%—a substantial discrepancy indicating money flowing into financials, energy, and mid-cap stocks. Market Breadth Indicators: Small-Cap Russell Index is up approximately 5% over five trading days Both momentum stocks (best performers) and deeply oversold stocks (worst performers) led 2025 gains The healthcare sector is attracting renewed investment flows Mid-cap AI companies ($2-10 billion market cap) are trading as their own distinct sector Mike Johnson observed, “You don’t typically see the two ends of the spectrum be the best performers in a year. The ones that were above their 200-day moving average were the leaders, the ones that were well under their 200-day moving average came in close second.” Bear Market Preparation During Bull Markets Despite strong market performance, the Dupree Financial Group team emphasizes the importance of preparing for inevitable market downturns. The firm maintains strategic cash positions and focuses on dividend-paying stocks to provide income during market volatility. Bear Market Protection Strategies: Maintain cash reserves to buy quality stocks at lower valuations Focus on dividend-paying companies for consistent income during downturns Take profits strategically even in bull markets Avoid forced selling by maintaining adequate liquidity Tom Dupree reflected on historical perspective: “I remember the market going down 500 points in one day in 1987, which was 22%. That would be about 11,000 points on the Dow today.” The team emphasizes that separately managed accounts of individual stocks and bonds provide greater flexibility than mutual funds during market stress, allowing tactical adjustments based on each client’s specific income needs. Income Generation for Retirement Investors For investors ages 50 and above, the combination of growth and income remains essential. Dupree Financial Group’s approach focuses on dividend-paying stocks that provide cash flow even during market downturns, supplemented by strategic growth positions in sectors like AI and defense. Dividend Strategy Benefits: Provides income without selling principal during bear markets Reduces sequence-of-returns risk for retirees Creates compounding opportunities through dividend reinvestment Offers inflation protection through dividend growth Tom Dupree emphasized their client focus: “We manage money for people who are typically retirement investors who need both growth and dividends. It’s a lot more fun to talk about growth when things are growing, but we also like dividends and we like to have the certainty of the income, or not certainty, but probability of the income that dividends provide.” The firm’s approach recognizes that while dividend cuts can occur during severe recessions (as seen in 2008-2009), a well-diversified portfolio of quality dividend payers provides more stability than growth-only strategies. Frequently Asked Questions How do Trump’s defense spending policies affect retirement portfolios? The 50% increase in defense spending creates opportunities in defense contractor stocks, particularly smaller companies with unique capabilities. However, investors should understand these positions as growth components within a balanced portfolio that also includes income-producing investments. What impact will lower mortgage rates have on investment portfolios? Lower mortgage rates benefit mortgage REITs (Real Estate Investment Trusts) that own portfolios of mortgage bonds. As rates decline and spreads tighten, these investments experience both price appreciation and high dividend yields, making them attractive for retirement income strategies. Is the AI sector too volatile for retirement investors? AI sector volatility requires careful position sizing and risk management. Applied Digital and similar companies can offer significant growth potential, but should represent only a portion of a diversified portfolio that emphasizes income-producing investments for retirement security. How should retirees prepare for the next bear market? Preparation includes maintaining cash reserves for opportunistic buying, focusing on dividend-paying stocks for income continuity, and working with advisors who actively manage portfolios rather than passive buy-and-hold strategies. Strategic profit-taking during bull markets creates flexibility during downturns. What advantages do separately managed accounts offer over mutual funds? Separately managed accounts provide direct ownership of individual stocks and bonds, allowing customized portfolios tailored to specific income needs, tax situations, and risk tolerances. Unlike mutual funds, you can see exactly what you own and make tactical adjustments during market volatility. Take Control of Your Retirement Investment Strategy The current market environment presents both opportunities and risks for retirement investors. Trump administration policies are reshaping defense, housing, and technology sectors while removing artificial market distortions. Understanding these changes and positioning your portfolio accordingly requires experience in both retirement planning and active portfolio management. At Dupree Financial Group, we specialize in creating personalized investment strategies for investors aged 50 and above who need both growth and income. Our separately managed accounts provide direct access to portfolio managers—not assigned counselors—and transparent communication about exactly what you own. Don’t leave your retirement to chance or generic mutual fund strategies. Call (859) 233-4000 today for a complimentary portfolio review, or schedule an appointment directly on our website at dupreefinancial.com. Explore more market insights and investment strategies in our Market Commentary archive and learn about our proven investment philosophy that has guided families for three generations. Important Disclosure Investment Advisory Services Disclosure: Dupree Financial Group is a registered investment advisor. The information provided in this podcast and show notes is for educational and informational purposes only and should not be construed as personalized investment advice. All investment strategies and investments involve risk of loss, and nothing discussed should be construed as a guarantee of specific results. Performance Disclosure: Past performance is no guarantee of future results. Any reference to specific securities, investment strategies, or market performance is provided for illustrative purposes only and should not be considered a recommendation to buy or sell any security. Individual Circumstances: The investment strategies and companies discussed may not be suitable for all investors. Every investor’s situation is unique, and you should consider your investment objectives, risk tolerance, and time horizon before making any investment decisions. Consultation Recommended: Before making any investment decision, you should consult with a financial professional to discuss your specific financial situation and investment goals. The content of this podcast does not constitute a complete description of our investment services and is for discussion purposes only. Third-Party Information: Any mentions of specific companies, securities, or market indices are for educational purposes only and do not constitute investment advice or an offer to buy or sell any security. Information about third-party companies is believed to be reliable but has not been independently verified. Forward-Looking Statements: This content may contain forward-looking statements regarding market conditions, investment strategies, and economic trends. These statements are based on current expectations and are subject to change based on market conditions and other factors. For complete information about Dupree Financial Group’s services, fees, and potential conflicts of interest, please review our Form ADV Part 2A, which is available upon request by calling (859) 233-4000 or visiting our website at dupreefinancial.com. The post Trump Administration Policies Drive Defense Stocks and Mortgage Markets: Retirement Investment Insights appeared first on Dupree Financial.

Are we approaching a paradigm shift…where the conversation elevates from “quantity” to “quality” of weight loss? And if true…what could that mean for “muscle health” CPG products, which have benefitted greatly from the current GLP-1 market dynamics? The first wave of GLP-1 receptor agonists, which I'm dubbing the “quantity” paradigm, has been nothing short of revolutionary…with Wegovy Ozempic and Zepbound Mounjaro demonstrating significant weight loss, often exceeding reported data from Novo Nordisk and Eli Lilly clinical trials respectively. This unprecedented efficacy fueled a massive surge in demand and Morgan Stanley projects annual GLP-1 sales will soon become the biggest drug class in history. However, the initial conversation was dominated by how much weight could be (and how quickly it was) lost. Therefore, as these medications became more widely used…critical concern emerged surrounding how a significant portion of the lost weight was not just fat but also valuable lean body mass. But this concern has catalyzed the move toward a next wave in the GLP-1 market, which I'm dubbing the “quality” paradigm…where the focus is on what kind of weight is being lost. Recognizing that health is about more than just a number on a scale, the shifted goal would now be (still) maximizing fat mass reduction but while simultaneously preserving, or even enhancing, lean mass. Also, the “quality” paradigm emphasizes an integrated approach to weight management…as patients seek outcomes that support an active, healthy lifestyle. Accordingly, many CPG companies (explicitly those positioned across the intersecting categories of food, beverage, and dietary supplements) have progressively adapted to support the specific nutritional needs of individuals prescribed GLP-1 medications. In fact, my introductory statement referred to how these GLP-1 market dynamics have been beneficial to certain CPG products (particularly ones aiding in “muscle health”). Also, just to clarify my definition of “muscle health” CPG products that are benefitting greatly from current GLP-1 market dynamics…I'm mainly talking about protein (the tried-and-true nutritional cornerstone of building muscle), but also creatine (a natural fuel source for muscles) and HMB (that helps protect muscle mass). Though, if we want to fully understand any potential “muscle health” CPG categorical impacts stemming from next-gen pharmaceutical innovation aimed at improving long-term metabolic health and functional outcomes. According to analysts at TD Cowen, combination treatments designed to help individuals preserve muscle while losing weight with popular GLP-1 drugs by Novo Nordisk and Eli Lilly could generate more than $30 billion in sales by 2035. And maybe the most closely watched mid-stage drug trials have revolved around bimagrumab, which is a muscle-preserving drug that was part of an almost $2 billion Eli Lilly acquisition from mid-2023. Regardless of possible regulatory challenges still remaining, my strong conviction centers around eating less (with the help of current GLP-1 medications) can only do so much to better your health…thus “weight loss while maintaining muscle mass” is far too important for long-term health outcomes. Accordingly, these will become the next holy grail of obesity treatment (as we move closer to the 2030s). And if that prediction is directionally correct (which I believe is highly probable), it means eating/drinking culture will be reshaped further, accelerating a pivot toward nutrient density and functional benefits!

Oliver Chen, senior equity research analyst at TD Cowen, shares his outlook for retailers amid Black Friday shopping. Chen spoke with Bloomberg's Tome Keene and Lisa Mateo.See omnystudio.com/listener for privacy information.

George Tsilis jumps on to Opening Bell to look at Autodesk's (ADSK) premarket surge after earnings. The company's CEO says long-term growth is due to steady A.I. demand, prompting the company to raise its revenue outlook. Meanwhile, Workday (WDAY) shares were going the opposite direction after it topped earnings estimates in its 3Q report. George points to several analyst moves including multiple price target cuts from Stifel, RBC, Bernstein and TD Cowen. ======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

Parker Weil is Executive Managing Director, Co-Head of Global Corporate and Investment Banking Coverage at TD Securities (TDS), and sits on the CIB Executive Management Committee. He is responsible for overseeing the business' global strategy, managing key relationships, and leading high-profile transactions to drive business growth and market expansion.   Prior to this, Parker was the Co-Head of the Financial Sponsors Group which manages the firm's relationships with Private Equity firms, Family Offices, and Independent Sponsors. He has over 30 years of experience providing M&A advice and capital raising services to companies in the manufacturing, energy & power, and business services industries. Prior to TD Cowen, Parker served as Managing Director and head of the Industrials and Natural Resources investment banking group for Stifel Financial Corp. He previously held roles at Bank of America Merrill Lynch and Salomon Brothers. Parker currently serves on the Board of Directors of 180 Degree Capital Corp. He has also served on Clean Energy Fuels and on the Board of Trustees of the Ridgewood Lacrosse Association.   Parker holds a BA in Economics from the University of Pennsylvania and an MBA from the Kellogg Graduate School of Management at Northwestern University.

In Episode 69, Frank invites Chris Krueger, Strategist with TD Cowen's Washington Research Group, to join the pod to help navigate the fast-moving developments in Washington including the government work stoppage, Canada-US trade negotiations, and the postmortem of President Trump's recent Whitehouse meeting with Ukraine President Zelensky. Frank describes trade negotiations as slogging along given that the two countries have incredibly inter-twined economies, and a complex trade and security relationship. Pipelines are back in the news and Frank weighs the pros and cons of a Keystone restart or pipeline to the Northern BC Coast with continued expansion of existing infrastructure. Chris provides our mostly Canadian audience with a 101 on gerrymandering, and its impact on mid-term elections. The two geopolitical experts finish up discussing the merits of a Nobel Peace Prize for Trump and potential end to the war in Ukraine. This podcast was recorded on October 20, 2025 Chapter Times:01:31 - Slogging Through Canada-US Trade Negotiations13:39 - Carney's Balancing Act with Canada's Premiers17:09 - Setting the Record Straight on Tariff Revenues22:20 - Pipelines Back in the News in Canada29:07 - Explaining Washington's Work Stoppage33:53 - Is Stellantis's Brampton Plant Closure the Canary?38:33 - Gerrymandering Gone Wild43:41 - Peace Negotiations in Middle East and Ukraine  For relevant disclosures, visit: tdsecurities.com/ca/en/legal#PodcastDisclosure. To learn more about TD Securities, visit us at tdsecurities.com or follow us on LinkedIn @tdsecurities. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Die Wall Street startet mit Rückenwind in die neue Woche – die Aktienfutures von Dow, S&P 500 und Nasdaq liegen allesamt im Plus. Anleger blicken gespannt auf eine vollgepackte Woche mit frischen Quartalszahlen von Netflix, Tesla, Coca-Cola und Intel sowie auf den Inflationsbericht am Freitag, der entscheidend für den nächsten Fed-Schritt sein dürfte. Rückenwind gibt es auch von der politischen Seite: Laut Wall Street Journal will Präsident Donald Trump zahlreiche Produkte von den gegenseitigen Strafzöllen mit China ausnehmen. Das weckt Hoffnungen auf eine Entspannung im Handelskonflikt vor dem geplanten Treffen mit Xi Jinping Ende des Monats. Finanzminister Scott Bessent sieht die Lage ohnehin „spürbar beruhigt“. Nach der turbulenten Vorwoche mit Sorgen um Regionalbanken und geopolitische Risiken bleibt die Stimmung robust. Der VIX-Index fiel deutlich auf etwa 20 Punkte zurück – ein Zeichen für nachlassende Nervosität. Anleger hoffen zudem auf eine weitere Zinssenkung der Fed um 0,25 Prozentpunkte Ende Oktober. Derweil beobachten die Märkte aufmerksam den anhaltenden Shutdown der US-Regierung, der das Wirtschaftswachstum kurzfristig bremsen könnte. Besonders im Fokus: Ally Financial – die Aktie sprang, nachdem TD Cowen sie von Halten auf Kaufen hochstufte und das Kursziel auf 50 US-Dollar anhob. Das entspricht einem Potenzial von rund +26 %. Ein Podcast - featured by Handelsblatt. +++ Alle Rabattcodes und Infos zu unseren Werbepartnern findet ihr hier: https://linktr.ee/wallstreet_podcast +++ +++ Hinweis zur Werbeplatzierung von Meta: https://backend.ad-alliance.de/fileadmin/Transparency_Notice/Meta_DMAJ_TTPA_Transparency_Notice_-_Ad_Alliance_approved.pdf +++ Der Podcast wird vermarktet durch die Ad Alliance. Die allgemeinen Datenschutzrichtlinien der Ad Alliance finden Sie unter https://datenschutz.ad-alliance.de/podcast.html Die Ad Alliance verarbeitet im Zusammenhang mit dem Angebot die Podcasts-Daten. Wenn Sie der automatischen Übermittlung der Daten widersprechen wollen, klicken Sie hier: https://datenschutz.ad-alliance.de/podcast.html Impressum: https://www.360wallstreet.de/impressum

In the last of our two-part series diving into investment banking, market leaders Larry Wiesenck, Head of Global Investment Banking, TD Securities and Vice Chair, TD Cowen and Grant Miller, Executive Managing Director, Head of Global Capital Markets, TD Securities, together with adjunct professor at Columbia Business School David Erickson, explore the growth of private capital markets and the reasons cash-flowing companies are staying private. We discuss private versus public market dynamics and the opportunities for our clients. Finally, hear our thoughts on convertible bond market growth and the evolution of the private credit market. This podcast was recorded on October 8, 2025. For relevant disclosures, visit: tdsecurities.com/ca/en/legal#PodcastDisclosure. To learn more about TD Securities, visit us at tdsecurities.com or follow us on LinkedIn @tdsecurities. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Our guest on this week's episode is Frank Kenney, director of industry strategy at Cleo. The Federal government shutdown is in its third week now with no end in sight. Beyond the politics of each party blaming the other for failing to fund the government, there are real repercussions that affect many aspects of American life – including our supply chains. Our guests shares how this latest disruption is adding even more uncertainty and how our supply chains should respond. Price and trust top shoppers' wish lists this holiday season, as U.S. consumers say accurate delivery promises are just as important as good deals this year, ramping up the pressure on retailers to meet shipping expectations.The trucking industry has been in a freight recession for more than three years now, which generally means there are too many trucks for not enough freight, so the rates that drivers can charge are super low. But there's more to the picture than that, and this week we saw a report that shed some light on it. It reveals that business conditions are very different depending if you're in the truckload sector, less than truckload, or parcel. Supply Chain Xchange  also offers a podcast series called Supply Chain in the Fast Lane.  It is co-produced with the Council of Supply Chain Management Professionals. A new series is now available on Top Threats to our Supply Chains. It covers topics including Geopolitical Risks, Economic Instability, Cybersecurity Risks, Threats to energy and electric grids; Supplier Risks, and Transportation Disruptions  Go to your favorite podcast platform to subscribe and to listen to past and future episodes. The podcast is also available at www.thescxchange.com.Articles and resources mentioned in this episode:CleoTrust tops shoppers wish lists this holiday seasonTruckload carriers continue battling excess capacity and depressed ratesVisit Supply Chain XchangeListen to CSCMP and Supply Chain Xchange's Supply Chain in the Fast Lane podcastSend feedback about this podcast to podcast@agilebme.comThis podcast episode is sponsored by: Duravant Integrated SolutionsOther linksAbout DC VELOCITYSubscribe to DC VELOCITYSign up for our FREE newslettersAdvertise with DC VELOCITY

The Information's Anissa Gardizy and TD Cowen's Derrick Wood talk with TITV Host Akash Pasricha about Oracle's cloud profitability worries. We also talk with Anansi Captial's Vinay Iyengar about AI rollups and why the traditional SaaS model is dead, and The Information's Sara Germano and Nick Wingfield about Apple's new F1 media deal and the $12 billion youth sports tech market.Articles discussed on this episode:https://www.theinformation.com/articles/oracle-assures-investors-ai-cloud-margins-struggles-profit-older-nvidia-chipshttps://www.theinformation.com/articles/moneyball-minors-inside-booming-business-youth-sports-appsTITV airs on YouTube, X and LinkedIn at 10AM PT / 1PM ET. Or check us out wherever you get your podcasts.Subscribe to: - The Information on YouTube: https://www.youtube.com/@theinformation4080/?sub_confirmation=1- The Information: https://www.theinformation.com/subscribe_hSign up for the AI Agenda newsletter: https://www.theinformation.com/features/ai-agenda

Less-Than-Truckload pricing power continues to dominate the market, drawing on insights from the latest quarterly report by AFS Logistics and TD Cowen. LTL rates are expected to remain elevated through year-end, following a third-quarter rate-per-pound index that set a record, standing 65.1% above its 2018 baseline. The episode also reviews the higher-than-average rate of transport bankruptcy filings seen in the first half of October. Filings included five companies, ranging from small carriers like G1 Transport (five power units) and Styx Logistics (an Amazon DSP) to larger entities like GEC Transport Solutions (70 power units). Hear about FleetWorks' efforts to modernize freight matchmaking using artificial intelligence, fueled by a recent $17 million funding round led by First Round Capital. CEO Paul Singer noted that AI is the solution to the long-standing inefficiency caused by lack of transparency between brokers and carriers, and the company plans to use the funds to scale engineering teams in San Francisco and Chicago. Don't miss today's lineup on FreightWaves TV, including a new episode of WHAT THE TRUCK?!? with Malcolm Harris, live at noon. Plus, learn how you can join the leaders shaping freight's future at the F3: Future of Freight Festival in Chattanooga, Tennessee, happening next week. Learn more about your ad choices. Visit megaphone.fm/adchoices

Less-Than-Truckload pricing power continues to dominate the market, drawing on insights from the latest quarterly report by AFS Logistics and TD Cowen. LTL rates are expected to remain elevated through year-end, following a third-quarter rate-per-pound index that set a record, standing 65.1% above its 2018 baseline. The episode also reviews the higher-than-average rate of transport bankruptcy filings seen in the first half of October. Filings included five companies, ranging from small carriers like G1 Transport (five power units) and Styx Logistics (an Amazon DSP) to larger entities like GEC Transport Solutions (70 power units). Hear about FleetWorks' efforts to modernize freight matchmaking using artificial intelligence, fueled by a recent $17 million funding round led by First Round Capital. CEO Paul Singer noted that AI is the solution to the long-standing inefficiency caused by lack of transparency between brokers and carriers, and the company plans to use the funds to scale engineering teams in San Francisco and Chicago. Don't miss today's lineup on FreightWaves TV, including a new episode of WHAT THE TRUCK?!? with Malcolm Harris, live at noon. Plus, learn how you can join the leaders shaping freight's future at the F3: Future of Freight Festival in Chattanooga, Tennessee, happening next week. Learn more about your ad choices. Visit megaphone.fm/adchoices

In the first of this two-part episode, Larry Wieseneck Head of Global Investment Banking, TD Securities; Vice Chair, TD Cowen and Grant Miller, Executive Managing Director, Head of Global Capital Markets, TD Securities, join David Erickson, Adjunct Professor at Columbia Business School, to discuss how today's macro and political backdrop is influencing capital markets and market expectations and how the TD Cowen integration has strengthened the firm's ability to deliver more connected solutions for clients. Part two coming soon!This podcast was recorded on October 8, 2025. For relevant disclosures, visit: tdsecurities.com/ca/en/legal#PodcastDisclosure. To learn more about TD Securities, visit us at tdsecurities.com or follow us on LinkedIn @tdsecurities. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Former OMB Director Mick Mulvaney breaks down the shutdown showdown and its market impact—plus what the next key dates are for both sides. Warren Pies of 3Fourteen Research weighs in on the oil-versus-gold trade. TD Cowen's Andrew Charles explains fresh moves in the restaurant space and why some brands are lagging with younger consumers. Our Contessa Brewer covers the bounce in sports betting stocks. Plus, Neil Dutta of Renaissance Macro looks ahead to the key economic catalysts on the horizon. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Nike (NKE) broke its recent downtrend and posted strong quarterly revenue. Diane King Hall talks about how the company is rebuilding its brand as a part of its comeback story. Carvana (CVNA) rallied after Jefferies upgraded the stock, while Marvell (MRVL) sold off after TD Cowen downgraded the company over custom chip concerns.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

As a government shutdown looms, Barbara Doran of BD8 Capital and Kevin Gordon of Schwab weigh in on markets against stronger-than-expected economic data. Emily Wilkins reports on whether mass federal firings are really possible, while Eamon Javers digs into the latest TikTok deal developments.On the corporate front, Melissa Repko breaks down Costco earnings, TD Cowen analyst Andrew Charles joins on Starbucks job cuts, and Okta CEO Todd McKinnon shares his outlook. Sara Malik of Nuveen debates whether the AI trade is showing shades of the dot-com bubble, and Mike Ozanian details the Patriots'  stake sale to private equity firm Sixth Street. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

TD Cowen downgraded Warner Bros. Discovery (WBD) over risk/reward concerns if a reported bid from Paramount Skydance (PSKY) falls through. George Tsilis talks about the delicacies of the deal and concerns on it building a potential monopoly. On the other end, George highlights hope from investors it can reinvigorate linear TV and cut costs for both companies.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

Markets were fairly muted ahead of Wednesday's FOMC interest rate decision, though all major indices slipped below the flat line. Oracle (ORCL) was one stock that saw notable gains after President Trump and other reports hinted at its connection to a tentative deal involving TikTok. Alphabet (GOOGL) will make a $6.8 billion commitment to build A.I. infrastructure in the UK. Warner Bros. Discovery (WBD) sold off after getting a downgrade from TD Cowen. Marley Kayden recaps a cautious day across the markets.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

Is this bout of seasonal choppiness a helpful reset to refresh the bull market or signs of a more fragile tape emerging? We discuss with CIO of Merrill and Bank of America Private Bank Chris Hyzy, Payne Capital Courtney Garcia and Morgan Stanley's Jim Caron. Plus, John Kernan from TD Cowen tells us how he is playing the retail space this earnings season. And, Disney launched ESPN's new flagship streaming app. Julia Boorstin breaks down all the details 

Strategy posted a record $10 billion in net income. Coinbase missed estimates and stock dropped. But analysts say both tell a deeper story about how crypto companies are adapting. It's earnings season in crypto—and the stories couldn't be more different. Strategy (formerly MicroStrategy) just posted $10 billion in net income, boosted by Bitcoin's price and new fair value accounting rules. But can the company keep this up? Coinbase missed Q2 estimates, sending its stock down. Yet Owen Lau of Oppenheimer says the long-term setup may be more bullish than the market thinks. In this double interview, Unchained's Steven Ehrlich sits down with: Lance Vitanza from TD Cowen to break down Strategy's accounting shift, capital markets evolution, and whether its growing BTC pile presents systemic risks Owen Lau from Oppenheimer to unpack Coinbase's earnings miss, how new bank partnerships may remake it as a TradFi infrastructure provider, and why Q3 may tell a different story Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com Thank you to our sponsors! Mantle FalconX Guests: Lance Vitanza, Lance Vitanza, Managing Director & Director of Equity Research at TD Cowen Owen Lau, Executive Director and Senior Analyst in the equity research department of Oppenheimer & Co Learn more about your ad choices. Visit megaphone.fm/adchoices

Diane King Hall joins Sam Vadas at the NYSE set with several early movers on the radar. First up: CoreWeave (CRWV) as shares fall a day after its announced takeover of Core Scientific (CORZ). Multiple analysts have downgraded CRWV as shares have surged after its IPO in March. Meanwhile, HSBC has downgraded multiple major U.S. bank stocks including JPMorgan Chase (JPM), Bank of America (BAC) and Goldman Sachs (GS). Diane shares the analyst's concerns about "stretched valuations" for the financial giants. Then, she reports that Capital One (COF) received an upgrade to a Buy rating at TD Cowen.======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-...Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-...Watch on Sling - https://watch.sling.com/1/asset/19192...Watch on Vizio - https://www.vizio.com/en/watchfreeplu...Watch on DistroTV - https://www.distro.tv/live/schwab-net...Follow us on X – / schwabnetwork Follow us on Facebook – / schwabnetwork Follow us on LinkedIn - / schwab-network About Schwab Network - https://schwabnetwork.com/about

Without volume and market share growth, the Class I's may be at risk—or be forced to look at merging. Investors continue to await the next leg of Class I railroad earnings growth. While margin gains from current levels are expected, PSR (Precision Scheduled Railroading) is no longer the investor story it once was, and the railroads must prove they can grow to maintain their premium multiples. In this wide-ranging conversation with Railway Age Editor-in-Chief William C. Vantuono, Wall Street Contributing Editor Jason Seidl, Managing Director at TD Cowen, explores the factors that can drive railroad market share growth, including high-quality, consistently reliable service; ease of doing business; industrial development projects; regulatory relief allowing technological advancement; and potential mergers producing a U.S. transcontinental network. While the track record for industry volume growth has been questionable, Seidl views the growth levers “as largely in railroad control.”

Sweetgreen (SG) shares have wilted thus far in 2025. TD Cowen downgraded the fast-casual salad chain to a hold from buy, cutting its price target to $15 from $25. Rachel Dashiell looks at the 90-day chart and says a break above $15 would give the downward trend a level of needed support. On a 1-year chart, Rachel says the 50-day moving average has been acting as an upside resistance level throughout the stock's move lower.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

TD Cowen upgraded Lyft Inc. (LYFT) and named it a "best Smidcap idea" for 2025. Diane King Hall dives into the ride-sharing company's latest bullish call. Then, she looks at a new stablecoin partnership between Mastercard (MA) and Fiserv (FI), utilizing a new FIUSD token to explore adoption by payment services. Later, Diane discusses KB Home (KBH) after the homebuilder's latest earnings report.======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

En este episodio cubrimos los eventos más relevantes antes de la apertura del mercado: • Wall Street cae por tensión geopolítica y espera al FOMC: Futuros a la baja: $SPX -0.5%, $US100 -0.6%, $INDU -0.6%. Bonos mixtos: $US10Y en 4.45% (-1 pb), $US2Y en 3.96% (-2 pb). El conflicto Israel–Irán escala tras la eliminación del jefe militar iraní Ali Shadmani. Ayer el mercado rebotó por rumores de negociación, pero fueron desmentidos por Al Jazeera. Trump dejó el G7 antes de tiempo, elevando la incertidumbre. Hoy se publican ventas minoristas (-0.5% M/M esperado), núcleo (+0.2%), y el índice NAHB (36 pts). Mañana decide la Fed. • Archer Aviation se consolida como líder en eVTOL: $ACHR recaudó $850M adicionales tras una orden ejecutiva que impulsa taxis aéreos en EE.UU., elevando su liquidez a ~$2B. Presentará su modelo Midnight en el Paris Air Show y será proveedor oficial en los JJ.OO. de LA 2028. Colabora con el DOT, la FAA y la Casa Blanca. Inversores clave: $STLA, $BLK, $UAL, $BA y $PLTR. • Celsius sube por upgrade y momentum de Alani Nu: $CELH +3.9% tras mejora de TD Cowen a “Buy” con PT de $55. La firma destaca la recuperación de la marca principal y el éxito de Alani Nu, con ventas escaneadas creciendo >100%. Se espera que $CELH aproveche la red de distribución de $PEP y pueda integrar a Alani Nu al sistema. • OpenAI firma contrato de $200M con el Pentágono: OpenAI desarrollará prototipos de IA avanzada para seguridad nacional en el marco del nuevo programa “OpenAI for Government”, que incluye una versión gubernamental de ChatGPT. El acuerdo, respaldado por $MSFT, refuerza la expansión de OpenAI hacia el sector público. Colaboran también con Anduril en tecnología militar autónoma. Una jornada marcada por tensiones globales, avances tecnológicos clave y expectativa por la reunión del FOMC. ¡No te lo pierdas!

Citi maintained a neutral rating on Palantir (PLTR) and gave the A.I. stock a $115 price tag. Diane King Hall points out that shares are trading just near all-time highs but adds that valuations continue to hedge against bulls. Analysts at Wolfe Research upgraded Datadog (DDOG), believing the company is undervalued at current prices. Diane later turns to Tapestry (TPR), which got an upgrade from TD Cowen. ======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

Dass die Bonität der langfristigen Verbindlichkeiten der USA durch die Ratingagentur Moody's abgestuft wird, liefert eine Ausrede für Gewinnmitnahmen. Das Narrativ ändert sich dadurch allerdings nicht nachhaltig, da die Probleme bekannt sind. J.P. Morgan hat auf dem heutigen Analystentag alle bisher bekannten Aussichten für 2025 ansonsten bestätigt. Netflix steht heute wegen einer Abstufung durch J.P. Morgan unter Druck. Der Wert wird auf „Neutral“ abgestuft. Man nimmt wegen des kurzfristig deutlich gestiegenen Kurses eine vorsichtigere Haltung ein. Chance/Risiko stünden nun in einem besseren Einklang zueinander. UnitedHealth wird außerdem bei TD Cowen auf „Halten“ abgestuft, mit einem Kursziel von $308. Reddit wird wiederum bei Wells Fargo auf nur noch „Halten“ abgestuft. Abonniere den Podcast, um keine Folge zu verpassen! ____ Folge uns, um auf dem Laufenden zu bleiben: • X: http://fal.cn/SQtwitter • LinkedIn: http://fal.cn/SQlinkedin • Instagram: http://fal.cn/SQInstagram

Dass die Bonität der langfristigen Verbindlichkeiten der USA durch die Ratingagentur Moody's abgestuft wird, liefert eine Ausrede für Gewinnmitnahmen. Das Narrativ ändert sich dadurch allerdings nicht nachhaltig, da die Probleme bekannt sind. J.P. Morgan hat auf dem heutigen Analystentag alle bisher bekannten Aussichten für 2025 ansonsten bestätigt. Netflix steht heute wegen einer Abstufung durch J.P. Morgan unter Druck. Der Wert wird auf „Neutral“ abgestuft. Man nimmt wegen des kurzfristig deutlich gestiegenen Kurses eine vorsichtigere Haltung ein. Chance/Risiko stünden nun in einem besseren Einklang zueinander. UnitedHealth wird außerdem bei TD Cowen auf „Halten“ abgestuft, mit einem Kursziel von $308. Reddit wird wiederum bei Wells Fargo auf nur noch „Halten“ abgestuft. Ein Podcast - featured by Handelsblatt. +++Erhalte einen exklusiven 15% Rabatt auf Saily eSIM Datentarife! Lade die Saily-App herunter und benutze den Code wallstreet beim Bezahlen: https://saily.com/wallstreet +++ +++EXKLUSIVER NordVPN Deal ➼ https://nordvpn.com/Wallstreet Jetzt risikofrei testen mit einer 30-Tage-Geld-zurück-Garantie!+++ +++ Alle Rabattcodes und Infos zu unseren Werbepartnern findet ihr hier: https://linktr.ee/wallstreet_podcast +++ Der Podcast wird vermarktet durch die Ad Alliance. Die allgemeinen Datenschutzrichtlinien der Ad Alliance finden Sie unter https://datenschutz.ad-alliance.de/podcast.html Die Ad Alliance verarbeitet im Zusammenhang mit dem Angebot die Podcasts-Daten. Wenn Sie der automatischen Übermittlung der Daten widersprechen wollen, klicken Sie hier: https://datenschutz.ad-alliance.de/podcast.html

Jaret Seiberg, managing director at TD Cowen, talks about how the uncertain economic environment—and changing policies regarding tariffs—are impacting banks large and small. He also tackles Treasury Secretary Scott Bessent's bank regulatory agenda, whether the Trump administration can successfully accomplish GSE reform and the significant risks to banks from stablecoin legislation.

On this episode, Pete and Julie welcome Bryan Bergin and Jared Levine, equity research analysts with TD Cowen focused on the HR tech, fintech, and IT Services sectors!  The group explores the overall health and state of the HR tech marketplace through the lens of financial analysts on the front lines of equity research and advisory. They explore the notable trends taking shape, including AI's impact and the continued convergence of fintech with HR tech shaping emerging and leading provider solutions.    They discuss how the current economic climate will impact the HR tech marketplace, including notable consolidation news and what to expect from providers getting together across the market.  Plus, a look at the potential for IPOs and what to watch for as 2025 unfolds!  Connect with Bryan & Jared: TD Cowen research: www.tdsecurities.com/ca/en/themes-2025  Bryan Bergin: https://www.linkedin.com/in/bryan-bergin-cfa-cpa-456b3aa/ Jaren Levine: https://www.linkedin.com/in/jared-levine-cfa-cpa-08524346/ Connect with the show:    LinkedIn:  http://linkedin.com/company/hr-payroll-2-0  X: @HRPayroll2_0 @PeteTiliakos @JulieFer_HR BlueSky: @hrpayroll2o.bsky.social  YouTube: https://www.youtube.com/@HRPAYROLL2_0

Diane King Hall turns to two very different companies moving this morning in similar ways. TD Cowen slashed its price target on United Airlines (UAL) to $73 from $150 over concerns around Americans' pricing power. Lululemon (LULU) got a price target cut by Baird for similar reasons. Diane discusses what makes these stories alike and the outlook ahead for consumers.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

"It's not over yet" when it comes to volatility and downside market action, says George Tsilis. He argues a policy shift from the Trump administration or the Fed will be needed for relief to take shape. He later turns to TD Cowen's price target cut on Meta Platforms (META) and talks about the company's ability to navigate tariffs. Dan Deming later offers an example options trade in the Mag 7 company.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

TD Cowen upgraded Tesla (TSLA) to Buy from Hold and ramped up its price target to $388 from $180. Jeff Pierce notes the company's promise in EVs and robotics that the firm sees in Tesla, adding the start of an "innovation cycle" can thrust the stock back to all-time highs. However, Dan Deming sees "potential for further downside" before that happens. He offers a neutral to bullish example options trade for Tesla.======== Schwab Network ========Empowering every investor and trader, every market day.Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6DSubscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

Jim and Jeff discuss Microsoft after an analyst report from TD Cowen said the company is cutting spending on data centers. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market's biggest headlines. Signup here: cnbc.com/morningtake CNBC Investing Club Disclaimer

Carl Quintanilla, Jim Cramer and David Faber explored how investors should navigate the markets after Friday's sell-off – with the Dow and Nasdaq in negative territory since President Trump's inauguration. The anchors discussed Apple's $500 billion U.S. expansion plan -- which includes building an AI server factory in Texas -- and how Trump tariffs fit into the picture. Also in focus: Billionaire Steve Cohen joins the backlash against Elon Musk's DOGE, Microsoft refutes TD Cowen's data center note, Warren Buffett's annual letter to Berkshire Hathaway shareholders, Starbucks layoffs, Palantir extends its one-week slide, Nike and cruise line stocks on the rise.  Squawk on the Street Disclaimer

En este episodio, desglosamos los eventos clave que están marcando la agenda de los mercados y la innovación tecnológica: Wall Street en rebote tras semana negativa: El $SPX sube +0.6% luego de su peor sesión del año. Analizamos los factores detrás de la caída del viernes y qué esperar con los reportes de $HD, $LOW y $NVDA esta semana. Alibaba invierte fuerte en IA: $BABA anuncia un plan de $52.44B en computación en la nube, superando su gasto total en la última década. Evaluamos cómo su modelo Qwen2.5-VL busca competir con GPT-4o, Claude 3.5 Sonnet y Gemini 2.0. Apple responde a los aranceles con una inversión récord: $AAPL destinará más de $500B a EE.UU. en los próximos cuatro años, con énfasis en chips, software e IA. Exploramos su nueva fábrica en Houston y el impacto de la política comercial de Trump en su estrategia. Tesla lanza su primer servicio de robotaxis: $TSLA desplegará su tecnología Full Self-Driving en Austin, Texas, sin supervisión humana. Analizamos cómo este piloto será clave para la expansión nacional en 2026 con el Cyber Cab. Mercado de fármacos para obesidad en auge: TD Cowen eleva su estimación a $139B en 2030, con $LLY y $NVO liderando. Desglosamos cómo estos tratamientos están transformando la industria farmacéutica y qué otras empresas compiten en este sector. Acompáñanos para entender cómo estos eventos están impactando los mercados, la tecnología y la economía global. ¡Un episodio lleno de análisis estratégico!

Moshe Orenbuch of TD Cowen dives into Visa (V) and Mastercard's (MA) quarterly reports. He thinks the divergence between stocks today is from Mastercard's reported acquisition costs. “The good news is” that U.S. strength remains, and he saw “no specific red flags” in either quarterly statement. He has a Buy rating on both stocks. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore Watch on DistroTV - https://www.distro.tv/live/schwab-network/ Follow us on X – https://twitter.com/schwabnetwork Follow us on Facebook – https://www.facebook.com/schwabnetwork Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

Novo Nordisk (NVO) pops on positive drug trial results. The company showed a 22% reduction in weight for obese and overweight patients after 36 weeks. TD Cowen called the results "impressive" on the early-stage results. Jenny Horne reports the latest on the health care name. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore Watch on DistroTV - https://www.distro.tv/live/schwab-network/ Follow us on X – https://twitter.com/schwabnetwork Follow us on Facebook – https://www.facebook.com/schwabnetwork Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

Jenny Horne looks at a pair of analyst moves to end the week. TD Cowen upgraded Salesforce (CRM) to Buy from Hold, as shares have reached a "compelling entry point." Meanwhile, Wolfe Research downgraded Spotify (SPOT) to Peer Perform from Outperform, citing revenue forecasts "look full" following price hikes on its consumer base. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore Watch on DistroTV - https://www.distro.tv/live/schwab-network/ Follow us on X – https://twitter.com/schwabnetwork Follow us on Facebook – https://www.facebook.com/schwabnetwork Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

Salesforce (CRM) gets an upgrade from TD Cowen advising to buy the dip, American Airlines (AAL) gets a positive note from BoFA, and Spotify (SPOT) drops after Wolfe Research says the company's revenue forecasts look full. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore Watch on DistroTV - https://www.distro.tv/live/schwab-network/ Follow us on X – https://twitter.com/schwabnetwork Follow us on Facebook – https://www.facebook.com/schwabnetwork Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

Breaking news on the Supreme Court upholding a TikTok ban interrupts Oliver Renick and Alex Coffey's macro discussion on the markets. It didn't move the needle much on the rally. Alex calls the rally an "exhale of relief" for the markets as expanding breadth offers a bigger foundation for traders. He later turns to Salesforce (CRM) after TD Cowen upgraded the stock on bullishness for the company's A.I. potential. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore Watch on DistroTV - https://www.distro.tv/live/schwab-network/ Follow us on X – https://twitter.com/schwabnetwork Follow us on Facebook – https://www.facebook.com/schwabnetwork Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

President-elect Donald Trump rang the opening bell at the NYSE, with Diane King Hall reporting immediately following the event. She also discusses the biggest morning movers, which includes Amazon (AMZN) being named TD Cowen's top large-cap pick for 2025. Palantir (PLTR) ticked higher after Baird initiated coverage with a neutral rating and $70 price target. Analysts downgraded Hershey (HSY) and Mondelez (MDLZ) over higher cocoa prices. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore Watch on DistroTV - https://www.distro.tv/live/schwab-network/ Follow us on X – https://twitter.com/schwabnetwork Follow us on Facebook – https://www.facebook.com/schwabnetwork Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

Rob Parker is a Managing Director and Head of Sell-Side M&A at TD Cowen. Mr. Parker was one of the founders of Quarton Partners. He has advised public and private clients on numerous mergers, acquisitions, LBO, cross border, and capital raising transactions across a variety of industries. Eric Van Dam is a Managing Director and head of Residential & Commercial Services at TD Cowen. Bringing over 15 years of experience on over 100 transactions, Eric has experience with middle market mergers and acquisitions engagements. In this episode, we talked about mergers and acquisitions strategy, private equity, financial metrics...  

Milken Institute economist Bill Lee discusses how today's jobs report will impact the Fed's rate decision next week.  Plus, top analysts from Mizuho and TD Cowen highlight the key takeaways from Apple and Amazon's earnings.  And, CNBC's Emily Wilkins reports from the battleground state of Arizona, on why immigration and border security are major issues for many business owners.

Ken Pilot interviews Oliver Chen for this flight of The Retail Pilot podcast. Oliver Chen is a Managing Director and senior equity research analyst covering retail and luxury goods at TD Cowen.  His deep understanding of the consumer and his ability to forecast the latest trends and technological changes that will impact the retail space have set him apart from peers.Prior to joining TD Cowen in 2014, he spent seven years at Citigroup, worked in the investment research division at UBS, in the global mergers and acquisitions/strategic planning group at PepsiCo International, and in JPMorgan's consumer products/retail mergers and acquisitions group.Oliver holds a bachelor of science degree from Georgetown University, an MBA from the Wharton School at the University of Pennsylvania, and is a CFA charterholder.His passion for the sector began at the age of 12 when he began working with his parents at their retail business in Natchitoches, Louisiana.Summary:In this conversation, Oliver Chen discusses the current state of luxury retail and the beauty sector, highlighting the challenges and opportunities faced by brands. He emphasizes the importance of pricing strategies, the impact of digital transformation, and the need for brands to connect with younger consumers. The discussion also covers emerging trends in fragrance, the potential of the men's beauty market, and the role of AI in enhancing the retail experience.Key Takeaways:Luxury retail is facing an inflection point with declining sales.China's economic factors are influencing luxury spending.LVMH's strong brand portfolio positions it well in the market.Hermes thrives due to its timeless luxury appeal.Luxury brands are increasingly focusing on direct-to-consumer sales.Ralph Lauren's success is attributed to its cultural relevance and value perception.Fragrance is a growing category with opportunities for premiumization.The men's beauty market is still developing but shows potential.TikTok is becoming a significant platform for beauty brands.AI is set to transform the retail experience through personalized search.

Jaret Seiberg, managing director of TD Cowen's Washington Research Group, discusses the many policy changes facing banks this summer, including the FDIC's brokered deposit proposal, the Fed's new FAQ on the discount window, a Texas court decision on the small business rule, and the new uncertainties the election poses for the industry.