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Wall Street Breakfast

Fed holds steady

Thu, 15 Jun 2023

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Federal Reserve holds interest rate steady in June, skipping a hike (00:28). Music publishers (SONY) (WMG) sue Twitter over alleged copyright infringement (02:57). TrueCar (TRUE) rallies after announcing major restructuring, CEO change (03:34).Our links:Wall Street Breakfast:Seeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: A comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks:Alpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Wall Street Breakfast on TwitterShow links:What does Fed’s hawkish pause mean for cryptos? SA analysts weigh inFed Special: Rates Held, Powell's Tell And Market Impact With Chaim SiegelCava shares price at $22 each, resulting in ~$318M proceeds (updated)Berkshire Hathaway utility must pay punitive damages for 2020 fires, jury saysTrueCar rallies after announcing major restructuring, CEO changeFedEx launches electric delivery vehicles in Canada through GM's BrightDropEstee Lauder stock rises as company teases anti-aging researchUnilever agrees to acquire Colorado-based frozen yogurt brand YassoFAA requires new planes to have second barrier to protect airline pilotsCatalyst watch: AI talk from Salesforce and AMD, Shell event and Oracle earnings

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