GDP shy, inflation stays hot

GDP shy, inflation stays hot

From Wall Street Breakfast by Seeking Alpha

April 30, 2026 · 4 min

About this episode

The episode discusses disappointing GDP figures alongside persistent inflation, highlights Qualcomm's custom silicon shipments, and mentions Avis Budget's CEO's comments on a short squeeze.

GDP falls short of expectations as inflation stays firmly above target. (0:15) Qualcomm jumps after outlining custom silicon shipments for a hyperscaler . (2:00) Avis Budget CEO points to Pentwater in short squeeze. (2:55) Show Notes Jobless claims hit lowest level since 1969 Episode transcripts seekingalpha.com/wsb . Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions .

Topics covered

  • GDP
  • inflation
  • Qualcomm
  • Avis Budget
  • jobless claims

Keywords

  • GDP
  • inflation
  • Qualcomm
  • Avis Budget
  • jobless claims
  • short squeeze
  • Pentwater

Mentioned in this episode

Organizations: Qualcomm, Avis Budget, Pentwater

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