Morning Call

Sanofi is partnering with OpenAI on artificial intelligence-driven drug development. Sanofi Chief Digital Officer Emmanuel Frenehard lays out the details. Plus, it's a big week for retail, with Lowe's among those reporting earnings today. R5 Capital's Scott Mushkin gives his expectations. And, ahead of Nvidia's results, Microsoft is out with a new AI-powered laptop. Visible Alpha's Melissa Otto explains. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The Dow has crossed the 40K for the first time ever. NorthStar Asset Management's Nimrit Kang discusses the stock playbook from here. Plus, it's not just stocks; copper prices are also hovering near all-time highs. Bank of America's Francisco Blanch explains. And, Einride is partnering with DP World to build the world's largest autonomous trucking network in Dubai. CEO Robert Falck lays out the details. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Despite the slowdown in inflation during April, housing continues to drive prices higher. Camden Property Trust CEO Ric Campo discusses what his business is seeing. Plus, Walmart reports earnings this morning as consumers look for even more value. CFRA's Arun Sundaram lays out his expectations. And, Octopus Energy, number 11 on CNBC's annual Disruptor 50 list, is using AI to spark the global transition to renewable energy. CEO Greg Jackson explains. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Investors are awaiting the latest read on U.S. inflation and consumer prices. Citi's Veronica Clark previews the report. Plus, the 2024 CNBC Disruptor 50 list is out, with two-thirds of the companies calling AI critical to their business. Phononic's Tony Atti, number 35 on the list, discusses. And, the Nasdaq is coming off a fresh record high. Piper Sandler's Craig Johnson and G Squared Private Wealth's Victoria Greene tee up the trading day ahead. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The meme stock frenzy is making its return in a big way. Inside Edge Capital's Todd Gordon explains. Plus, Home Depot reports earnings today, offering insight into the health of the housing market. D.A. Davidson's Michael Baker lays out his expectations. And, Caitlin Clark makes her regular season WNBA debut tonight. Washington University's Patrick Rishe discusses the streaming landscape for sports. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The market's record run could hit a snag as Wall Street faces a series of litmus tests around inflation and the consumer. Callan Family Office's RaeAnne Mitrione and Freedom Capital Markets' Jay Woods discuss how to position from here. Plus, Walmart and Home Depot will offer key insight into spending trends when they report earnings this week. Former Walmart CEO Bill Simon and Jane Hali & Associates' Jessica Ramirez explain. And, consumer prices in China rose in April, marking the third straight month of gains. Longview Global's Dewardric McNeal lays out the outlook. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The consumer may be more stretched than Wall Street thinks, as several companies slash guidance. Mastercard's Steve Sadove dives into the latest SpendingPulse survey. Plus, it's been a turnaround story for much of the Chinese stock market in recent months. Goldman Sachs' Kinger Lau explains. And, San Francisco Fed President Mary Daly is throwing some cold water on renewed rate cut hopes. Liontrust Asset Management's Clare Pleydell-Bouve and Alger's Amy Zhang discuss. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Nvidia CEO Jensen Huang says now is the time to get on the AI train. MapSignals' Alec Young discusses the outlook. Plus, the global EV landscape is set for a shake-up as China's Zeekr prepares to price its NYSE IPO tonight. The Wall Street Journal's Tim Higgins explains. And, the markets are pointed towards a lower open after a mixed session yesterday. CIC Wealth's Malcolm Ethridge previews the trading day ahead. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

All three major U.S. indexes are close to their record highs, with the S&P 500 on track to post its best growth rate in two years. KKM Financial's Jeff Kilburg and Inside Edge Capital's Todd Gordon lay out their top stock picks. Plus, airlines and hotels still expect strong bookings through the summer months. The Points Guy's Clint Henderson digs into the outlook. And, there's a rally sweeping across Europe as the Euro Stoxx 600 and FTSE 100 hit fresh all-time highs. Deutsche Bank's Maxmilian Uleer and Invesco's Kristina Hooper explain. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The relief rally is beginning to show signs of life as the push-and-pull between earnings growth and rate cuts remains front and center. Bone Fide Wealth's Douglas Boneparth discusses. Plus, the U.S. is exactly six months away from the presidential election. Generation Lab's Cyrus Beschloss dives into a new survey on key political issues. And, Disney is out with its second quarter results this morning after its kitchen sink report three months ago. Fairlead Strategies' Katie Stockton lays out the technicals for the stock. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.