Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning.

Good morning. Today is Tuesday, March 18th. I'm Julie Morgan. Will the price of eggs be lower on your next grocery trip?

Maybe the second time's a charm for Alphabet and Whiz, and B.Y.D. enters new territory.

Wholesal egg prices have been declining given the rapid recovery and supply and no significant bird flu outbreaks this month.

But it's unclear when retail prices will reflect this decline.

According to data from the U.S. Department of Agriculture,

national wholesale egg prices fell to $4.15 per dozen as of March 14th, compared to $6.85

cents a week earlier. That's about half the levels seen at the start of the month.

The agency said, however, these declines have yet to be

reflected at store shelves, and until they are, demand is expected to remain dampened. Last month,

consumers, on average, paid a record $5.90 for a dozen large grade A eggs, according to the Bureau

of Labor Statistics. That's 22% higher than the

previous record of $4.82 per dozen in January of 2023. The managing editor at Expana told

CNBC that wholesale prices will likely fall further, given extreme pressure for market dynamics.

Expana tracks agricultural commodity prices.

There is generally a lag of at least two to three weeks

between a change in wholesale costs and resulting retail pricing.

To note, the Department of Justice is investigating the surge in egg prices

and looking into whether large producers have conspired to raise prices or limit supply.

Alphabet is in advanced discussions to purchase cybersecurity startup WIS for around $30 billion.

A potential deal comes after Alphabet was close to a deal to purchase WIS last summer for about $23 billion, as the Wall Street Journal has previously reported.

The talks were scuttled amid some concern that the deal could take a long time to gain regulatory approval.

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