$LHX L3Harris Tape Reports
Per Ticker.id: $LHX L3Harris Tape Reports — 5 podcast mentions across 2 podcasts (30 days), latest 2026-08-17 15:29 UTC.
Welcome to Seeking Alpha's Wall Street Lunch, our afternoon update on today's market action, news, and analysis. Good afternoon. Today is Monday, August 17th, and I'm your host, Kim Kahn. Our top story so far: from Happy Meals to Hyper Meals. McDonald's officially added energy drinks to its menu for the first time today with the debut of its new Red Bull Dragon Berry Energizer. The energy drink is made with Red Bull, blue raspberry flavoring, and freeze-dried dragon fruit pieces. Customers can also order reduced sugar option with Red Bull Zero or regular 8.4 oz Red Bull can. A city survey showed that 60% of energy beverage consumption at restaurants and coffee shops is incremental. Meanwhile, 49% of respondents said an energy drink purchased at a restaurant would replace one purchased elsewhere. And 74% of respondents are very or somewhat interested in purchasing energy drinks from a restaurant or coffee shop, including 44% who are very interested. Morgan Stanley thinks the energy drink platform could be a swing factor for McDonald's investors to watch in the second half of the year. Among active stocks, L3Harris Technologies is lower after Chairman and CEO Christopher Kubasik stepped down over conduct that was not consistent with the company's values. But L3Harris stressed the departure was not related to its financials or operations. Wells Fargo upgraded Okta to Overweight from Equal Weight, citing signs of improving demand and execution in its core business. Analyst Richard Polin said the company's focus on large enterprises, including adding capacity and expanding partnerships, is bearing fruit. And 9 big tech companies have around $3 trillion in off-balance sheet commitments, mostly tied to AI infrastructure, according to the Wall Street Journal. The paper looked at expenses at Amazon, Alphabet, Meta, Oracle, NVIDIA, Microsoft, Broadcom, SpaceX, and AMD that aren't reflected in their balance sheets, but instead appear in the footnotes of their most recent securities filings. The items included obligations under outstanding leases, long-term borrowings, and purchase commitments. And they're growing faster than traditional CapEx. In other news of note, popular ice cream maker Rebel Creamery has filed for bankruptcy less than one month after losing a lawsuit against rival Van Leeuwen over trademark rights. The privately owned company built its identity around low-carb, high-fat products with no added sugar.
Kim Kahn — Wall Street Breakfast · McDonald's gets a Red Bull boost · 2026-08-17