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Wall Street Breakfast

Banks not out of the woods

Tue, 08 Aug 2023

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Moody’s cuts ratings on small- and midsize banks and puts six big lenders on watch. (0:15) Weight loss pill cuts heart disease risk by 20%. (3:28) Which stocks are loved by hedge funds and which are shunned? (4:14) Read a transcript of this episode at Seeking Alpha.Show NotesStocks most loved and shunned by hedge fundsThree stocks make the cut for Credit Suisse's 'Top of the Crop' listMoody's downgrades U.S. banks on funding risk, office exposure; 6 big lenders on watchNovo Nordisk weight loss drug cuts heart disease risk by 20%UPS in charts: Revenue slips in all three segmentsUPS tumbles after guidance is cut with a new Teamsters contract in the mixBeyond Meat disappoints saying it will miss cash flow targets; shares fallAMC Entertainment rallies after Q2 earnings shine, guiding for record revenue tally in JulyDatadog tumbles ~20% after slashing FY23 revenue outlookWall Street Breakfast on Twitter

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