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Wall Street Breakfast

Bill Ackman bets against the long bond

Thu, 03 Aug 2023

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Bill Ackman hedges with a 30-year Treasury short as yields could hit 5.5%. Tesla China deliveries drop to 2023 low. New names in the BofA Alpha Surprise Portfolio.Read a transcript of this episode at Seeking Alpha.Show LinksLabor productivity turns in strong gain in Q2, labor costs rise less than expectedDXC Technology slumps 25% after Q1 results bring rating cuts at Wall StreetConocoPhillips slips after Q2 miss, raises full-year production guidanceQualcomm stumbles as analysts question guidance, 'structural uncertainties'Anheuser-Busch InBev rallies after recording 7% revenue growth in Q2

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