Bloomberg Daybreak

American households are getting pickier when it comes to what they spend on, creating winners and losers in the consumer industry.

The UK was closely monitoring increased threats to a British airbase used in US strikes against Iran before an attempted attack was foiled on Sunday, people familiar with the matter said. (Source: Bloomberg)

Chi Chen, managing director and portfolio manager in BlackRock's global fixed income investment group, joins the program to discuss the sharp rise in bond yields. Global bonds are eyeing 4% for the first time since 2007, while the U.S. 30-year yield has hit its highest level since 2004. (Source: Bloomberg)

A stalemate between the US and Iran boosted oil prices, dragging down stocks and bonds on concerns that elevated energy costs could fuel inflation and trigger further Federal Reserve rate hikes. Drew Matus, Chief Market Strategist at Metlife Investment Management, discusses his market outlook. (Source: Bloomberg)

On this episode of Stock Movers: - Nvidia (NVDA) shares are up after the board of the leader in AI chips authorized an additional $150 billion under the company’s existing share-repurchase program. The move increases the total remaining amount authorized to $235 billion. - Australia’s Northern Star Resources Ltd. rejected a takeover approach from South African rival Gold Fields Ltd. that could have created the second-largest gold miner, saying the A$38.7 billion ($27.1 billion) cash-and-shares offer undervalued its business. - Roblox (RBLX) was cut to underperform from hold at Jefferies, which said the stock’s 30% rally since the gaming company’s second-quarter results in July reflects an overly optimistic view of bookings for the next 12 months. (Source: Bloomberg)

Sweetgreen Inc. shares are climbing on Monday after Wells Fargo & Co. upgraded the stock, citing the salad chain’s faster-than-expected recovery from a parasite outbreak this summer that weighed on traffic.

Merlin Entertainments Ltd.’s debt has tumbled amid investor concern that a recent £657 million ($871 million) refinancing fails to address the firm’s longer-term challenges.

While the upcoming US midterm election is one of the biggest events left on the market’s calendar for this year, derivatives pricing indicates traders aren’t expecting especially big moves in stock benchmarks.

The UK was closely monitoring increased threats to a British airbase used in US strikes against Iran before an attempted attack was foiled on Sunday, people familiar with the matter said. (Source: Bloomberg)

The latest capital reform proposal adopted by Swiss lawmakers would cut UBS Group AG’s earnings per share by 9%, RBC analysts estimated.

A Boeing Co. 787 aircraft operated by Vietnam Airlines JSC had its brakes activated twice while barreling down the runway at Munich Airport last month, leading to a perilously late takeoff and the plane’s tail striking the ground, a report found.

Bennett Schachter, a longtime banker who later joined the hedge fund Elliott Investment Management, has been hired by investment bank Centerview Partners to lead its capital advisory practice.

On this episode of the Odd Lots podcast recorded live at the Vermont Hollywood theater, real estate developer Zach Lasry joins Joe Weisenthal and Tracy Alloway to talk about homebuilding in LA and the Kafkaesque process of getting a crosswalk built in the city. (Source: Bloomberg)

For years, an overwhelming share of trading in US stocks happened on the big exchanges during daytime market hours. Powerhouses like the New York Stock Exchange and Nasdaq Inc. offered after-hours trading sessions, but activity was generally light.

The trading desk at JPMorgan Chase & Co. flipped its view on US equities to bullish from tactically neutral, saying economic data and earnings will underpin a persistent market boom.

CarMax Inc. stock has revved higher since May as the struggling car seller attempts to revive it’s business, however, mounting economic woes and stuttering consumer sentiment could threaten its recovery.

Tata Trusts, the majority shareholder of Tata Sons Pvt., proposed that the holding company of India’s biggest conglomerate merge with two of its unlisted units to stave off a listing order.

For years, US stocks have faced relatively weak competition from bonds or Treasuries in investor portfolios. That period looks like it’s headed for a fast, and possibly painful, end, strategists at Wells Fargo say.

The sale of Portuguese water utility Indaqua has been delayed after potential bidders requested additional information before submitting their binding offers, according to people familiar with the matter.

PureGym is seeking to raise £1.4 billion ($1.9 billion) from the high-yield bond market to refinance outstanding debt that may cut the gym operator’s borrowing costs.