3.8 • 950 Ratings
🗓️ 2 May 2025
⏱️ 6 minutes
🧾️ Download transcript
Click on a timestamp to play from that location
0:00.0 | Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning. |
0:08.0 | It's good to have you here on this Friday, May 2nd, the second day of the trading month, but the final day of the trading week. I'm Julie Morgan. |
0:17.1 | Amazon beat forecast, but the stock is still down pre-market. |
0:26.7 | American is expanding at DFW and the WHO is set to back obesity drugs. |
0:33.3 | Amazon is at the center of the retail universe after its earnings report showed strong results, |
0:42.3 | with net sales rising 9% year-over-year to 15.7 billion and net income jumping to 17.1 billion, both surpassing analysts' expectations. Amazon Web Services revenue grew 17% to 29.2 billion, |
0:51.0 | while advertising revenue increased 19% to 13.92 billion. However, Amazon's |
0:58.3 | Q2 operating income guidance fell short of Wall Street forecasts, raising concerns about profitability |
1:04.4 | amid new U.S. tariffs on Chinese goods. Looking ahead, Amazon expects revenue of 159 to 164 billion for the second quarter |
1:14.3 | versus a $161.4 billion consensus. Amazon also guided for operating income of $13 to $17.5 |
1:23.0 | billion versus a $17.8 billion consensus. |
1:31.1 | On the conference call, CEO Andy Jassy addressed tariffs. |
1:35.4 | Jassy said the company has seen heightened buying in certain categories. |
1:40.5 | He highlighted that most sellers have not reset retail prices higher yet, |
1:43.7 | but could in the future if the tariff battle extends. |
1:51.0 | American Airlines in Dallas-Fort Worth International Airport on Thursday unveiled revised plans for Terminal F, finalizing a $4 billion expansion project. |
1:56.1 | The two said in a statement that the plan will increase the number of gates at the new terminal |
2:00.8 | to 31, |
2:02.2 | more than twice as many as initially envisioned. |
2:05.3 | The terminal will be used exclusively by the airline. |
2:09.0 | DFW and American Airlines reached a new 10-year use and lease agreement in 2023, |
2:14.8 | with pre-approved capital investments, including the construction of |
... |
Transcript will be available on the free plan in 16 days. Upgrade to see the full transcript now.
Disclaimer: The podcast and artwork embedded on this page are from Seeking Alpha, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Seeking Alpha and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.