Morning Call

Weak economic data in China in spurring worries about deflation in that country. Former Morgan Stanley Asia Chairman Stephen Roach discusses. Plus, a growing number of companies are incorporating AI into their corporate strategies. Zebra Technologies CEO Bill Burns explains what his company is doing. And, markets are approaching what could be a major inflection point with the Nasdaq 100’s rebalance. NewEdge Wealth’s Ben Emons and Farr, Miller, & Washington’s Michael Farr preview 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.

Netflix shares are falling after the company beat earnings estimates but missed on revenue. Citigroup’s Jason Bazinet discusses. Plus, Tesla’s stock is also trading lower despite the EV maker posting record quarterly revenue. Canaccord Genuity’s George Gianarikas explains. And, a slew of regional banks are set to report quarterly results today following strong reports from the big banks. KBW’s Christopher McGratty gives the setup. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Netflix reports earnings after the close today as investors look for insight into the impact of the company’s ad-supported tier and password sharing crackdown. Wolfe Research’s Peter Supino discusses. Plus, Tesla is also gearing up to post results amid a massive rally for the stock. ROTH Capital’s Craig Irwin explains why he’s still bearish on the name. And, Goldman Sachs closes out a busy few days of big bank earnings this morning. Piper Sandler’s Stephen Scouten breaks down the performance in financials. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Investors are bracing for another batch of big bank earnings before the opening bell today. JMP Securities’ Devin Ryan breaks down his expectations. Plus, it’s been a summer of labor unrest across the country. American Enterprise Institute’s James Pethokoukis explains. And, June retail sales are out this morning, offering insight into the consumer and inflation. Apollo Global Management’s Torsten Slok discusses what this means for the Fed. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Beyond some high-flying names, a number of other stocks are hitting fresh highs. CIC Wealth’s Malcolm Ethridge breaks down the trades. Plus, Microsoft has stuck a deal with Sony to keep “Call of Duty” on PlayStation as it pushes for its acquisition of Activision Blizzard. Big Technology’s Alex Kantrowitz weighs in on the news. And, investors are awaiting a busy week on Wall Street as earnings season kicks into full gear. WisdomTree’s Jeremy Schwartz and Veritas Financial Group’s Greg Branch discuss. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Investors are bracing for what’s shaping up to be a very tough earnings season for the country’s biggest banks. Argus Research’s Stephen Biggar lays out his expectations. Plus, actors in Hollywood are officially on strike after failing to reach a deal with producers. The Benchmark Company’s Matthew Harrigan discusses what this means for media stocks. And, Fed governor Christopher Waller says he’s not convinced by this week’s cooler-than-expected inflation data. Chantico Global’s Gina Sanchez and Pivotal Advisors’ Tiffany McGhee explain the impact on the markets. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

June’s cooler-than-expected CPI print is prompting questions about the next steps for the Federal Reserve. Wells Fargo Senior Economist Sarah House and Former Acting CEA Chairman Tomas Philipson discuss. Plus, earnings kick off this week with focus on Delta Airlines today following continued flight disruptions this summer. Jefferies’ Sheila Kahyaoglu previews the results. And, the transports industry may be emerging from a freight recession for the second half of the year. Deutsche Bank’s Amit Mehrotra 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 counting down to today’s June CPI report, with expectations for the headline number to fall to its lowest level since March 2021. Moody’s Analytics’ Mark Zandi gives his thoughts. Plus, investor sentiment appears to be shifting due to worries around more rate hikes and a potential recession. Investopedia’s Caleb Silver explains the latest data. And, a growing number of banks are becoming increasingly cautious around equities. RBC Brewin Dolphin’s Janet Mui and GenTrust’s Mimi Duff discuss the markets. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Amazon’s annual Prime Day event is underway, which analysts say is a test of consumer demand. SW Retail Advisors’ Stacey Widlitz lays out her expectations. Plus, Citi is out with its own AI playbook, laying out some under-the-radar names set for significant and transformational opportunities in the space. Citi’s Amit Harchandani breaks down the report. And, several Fed officials say more rate hikes are likely before the central bank reaches its 2% inflation target. Van LanschotKempen’s Anneka Treon and Truist’s Keith Lerner discuss the impact on the markets. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Investors are still digesting Friday’s disappointing jobs data, where the U.S. economy added 50,000 fewer jobs than economists were expecting. Former Federal Reserve Board Vice Chair Roger Ferguson gives his thoughts. Plus, Chinese producer prices fell for the ninth straight month in June, marking the steepest decline since 2015. MSA Capital’s Ben Harburg discusses investing in China. And, it’s a busy week on Wall Street with June CPI and the start of Q2 earnings season both on tap. Palisade Capital Management’s Dan Veru and ProShares Advisors’ Simeon Hyman lay out the agenda. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.