Consumer confidence, Pfizer launches telehealth platform: Catalysts

Catalysts hosts Brad Smith and Madison Mills explore a variety of market-moving topics in today's show, including the latest consumer data and crude oil prices (BZ=F, CL=F).

The spotlight is on new consumer confidence data, with August's figures surpassing expectations. The Conference Board reported a reading of 103.3, exceeding the anticipated 100.7. This rise has heightened recession concerns among Wall Street investors.

The hosts then turn their attention to several trending tickers, providing updates on companies and their stock performance. Featured names include Marathon Digital (MARA), Super Micro Computer (SMCI), and Pfizer (PFE), with the pharmaceutical giant now entering the direct-to-consumer market with a new platform.

The program concludes with a roundup of trending stories. These include Wall Street's OPEC+ production forecasts, Meta's (META) COVID-19 content censorship allegedly influenced by the White House, NFL teams voting on private equity ownership, and the ongoing competition between fast food chains and fast-casual restaurants for market share.

This post was written by Angel Smith