Morning Call

The OPEC+ meeting is tomorrow. We speak with RBC’s Helima Croft about what to expect. Plus, Chinese ride-hailing giant Didi lists on the NYSE today, the most-anticipated Chinese IPO since Alibaba. And Brian’s RBI segment focuses on the hot job market. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Cathie Wood may be going all-in on Bitcoin, but JPMorgan says investors continue to cool their jets on the cryptocurrency. Plus, Kristen Jordan of Bravo's "Million Dollar Listing" says New York City's real estate market won't face the normal slowdown this summer. And, Gilman Hill's Jenny Harrington discusses why investors should still be a little cautious, even as energy, financials, and other sectors post huge gains in the first half of the year. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

The blockbuster Fast and Furious installment hit theaters –we discuss the state of the box office with Comscore’s Paul Dergarabedian. Plus, bitcoin is volatile again, but Coindesk’s Michael Casey says not to be worried. And we discuss the rebound timeline for the cruise lines sector, as Royal Caribbean’s ship set sail this weekend. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Nike shares soared after a positive earnings report. We discuss the future of the retailer. Plus, banks passed their stress tests with flying colors—we talk about the financials sector and the expectations for buybacks and dividends. And Brian’s Insider Buying segment is back, with the biggest insider buy we’ve ever reported on. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Hong Kong’s pro-democracy newspaper, Apple Daily, is shutting down today. We discuss the broader fallout with Primrose Riordan of the Financial Times. Plus, we discuss the future of the oil and gas landscape with CalSTRS CIO Christopher Ailman. And the global shipping supply chain is facing some issues. We discuss with Jefferies’ Randy Giveans. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Prime Day wrapped up right before the show. We discuss the impact of the 48-hour event on the broader retail sector with Moody’s VP Charlie O’Shea. Plus, the House is debating bills today that would crack down on big tech companies. Our own Ylan Mui has the latest. And Brian’s RBI focuses on vaccine durability and breakthrough Covid illnesses. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

M&A deal activity is already climbing towards record highs in 2021. The U.S. Deals Leader at PwC joins us to discuss. Plus, cryptocurrencies have been selling off—we talk about what’s behind the moves. And Brian’s RBI focuses on the $6.1B franchise that is the Fast and Furious movies. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

James Pethokoukis discusses the top items on the agenda in Washington, including infrastructure talks and antitrust measures targeting Big Tech. Plus, former Sears and Saks chairman Arthur Martinez talks about Amazon Prime Day, which comes against a backdrop of global supply chain issues and rising inflation. And, Jon Rahm secures his first major victory at the U.S. Open -- we look at how that could mean big business for his endorsements. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

The markets are still digesting the decisions and outlook from the FOMC meeting. We discuss what investors should be doing with their money. Plus, we take a look at the competitive retail landscape ahead of Prime Day. And it’s a big weekend for the U.S. Open and its personalities—our own Jabari Young joins with his analysis. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

The Fed made the decision to keep interest rates near zero, in their June FOMC meeting. We discuss how investors should digest the news. Plus, Biden has returned to Washington after his first summit with Vladimir Putin. We speak with Eamon Javers about the key takeaways from the meeting. And Brian highlights the top five stocks seeing the most insider buying action this week. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.