Wall Street Breakfast Podcast: Trumps 'Golden Dome'

2025-05-21 06:44:54 ET

Summary

• Trump unveils $175B 'Golden Dome' missile defense initiative, aiming for full operational status within three years, integrating land, sea, and space technologies.
• Ford allows Nissan to use its Kentucky EV battery plant, possibly helping Nissan mitigate U.S. tariff exposure amid weak EV demand and industry overcapacity.
• Wolfspeed shares crater as reports surface of an imminent bankruptcy filing, with the company burdened by $6.5B in debt and sector headwinds.
• Premarket movers include Toll Brothers rising on strong results, while broader markets open lower; crude oil and gold edge higher, Bitcoin slips.

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Trump unveils vision for $175B ‘ Golden Dome ’ missile defense. (00:22) Ford ( F ) to let Nissan ( NSANY ) use its EV battery plant in Kentucky - report. (02:02) Wolfspeed (WOL F ) craters following potential bankruptcy : report. (03:36)...

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