Build-A-Bear Workshop ($BBW) podcast mentions
Welcome to Seeking Alpha's Wall Street Lunch, our afternoon update on today's market action, news, and analysis. Good afternoon. Today is Thursday, August 27th, and I'm your host, Kim Kahn. Our top story so far: The Trump administration is reportedly considering a new round of tariffs on semiconductors, despite warnings from tech companies that the move could hamper U.S. efforts to dominate the AI race. One approach under consideration would expand the number of tech products subject to duties, impacting not just chips but potentially many of the goods made with them like laptops, gaming consoles, or the servers that fill data centers, according to Politico. Commerce Secretary Howard Lutnick favors tying relief from tariffs to investment in U.S. chip manufacturing, the report said. But the White House called any unconfirmed reporting about tariffs speculation. U.S. tech companies are already facing a shortage of high-end semiconductors amid surging demand. Advocates for the sector say they are not against Trump's goal of building more of those components on U.S. soil, but they note that advanced chip factories cost billions of dollars and take years to build. Among active stocks, Okta is rallying after reporting strong Q2 results and boosting full-year guidance. CEO Todd McKinnon said his company is helping organizations discover agents, secure their connections, govern their actions, and respond when something goes wrong, giving them the flexibility and control they need to deploy agents safely and at scale. HP is slumping post-earnings amid concerns over a decline in margins and PC unit shipments in Q3. Morgan Stanley analyst Eric Woodring, who has an Underweight rating on the stock, said the setup into full year 2027 looks increasingly challenging, with PC unit elasticity risk and print margin pressure outweighing AI PC mix upside and an uncertain PS margin recovery. Build-A-Bear Workshop is slumping as Q2 revenue and profitability were impacted by weaker demand and heavier promotions. And Unilever plans to sell iconic British mustard brand Colman's to alleviate competition concerns ahead of its pending deal for McCormick, which owns French's mustard. So to clarify, Unilever is selling an English mustard called Colman's while keeping an American mustard called French's. American company Kraft Heinz owns UK brand HP Sauce, which is not affiliated with HP Inc., whose shares are down today, and Build-A-Bear has nothing to do with béarnaise sauce.
Kim Kahn · Wall Street Breakfast · New chip tariffs could hit AI race · 2026-08-27