Meta, Microsoft soar on AI, cloud strength
Wall Street Breakfast
Seeking Alpha
3.8 • 950 Ratings
🗓️ 1 May 2025
⏱️ 7 minutes
🧾️ Download transcript
Summary
Episode transcripts seekingalpha.com/wsb.
Show links:
Trump administration said to be investing $500M on developing universal vaccines
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Transcript
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| 0:00.0 | Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning. |
| 0:08.0 | Good morning. Today is Thursday, May 1st. I'm Julie Morgan. |
| 0:13.0 | Three of the Mag 7 are on our biggest movers list, including Microsoft and Meta. |
| 0:19.0 | Tesla shuts down CEO chatter and Sam Altman's orbs are watching. |
| 0:24.6 | Microsoft is up 7% in pre-market action. Shares rallied after the company posted strong |
| 0:30.8 | fiscal Q3 results, highlighted by Azure revenue growth of 33%, topping market expectations of 31% and a 20% year-over-year rise |
| 0:42.2 | in Microsoft Cloud. |
| 0:44.0 | The company forecasted sustained strength in its cloud and AI businesses through Q4 and |
| 0:49.8 | into fiscal 2026. |
| 0:52.6 | Meta Platforms is also on our biggest movers list, step 5% pre-market. |
| 0:58.0 | Shares advanced after the company reported a robust Q1 beat, with revenue rising 16% year-over-year, |
| 1:05.7 | profit surging 35% and operating margin, expanding to 41% from 38% a year earlier. |
| 1:14.3 | CEO Mark Zuckerberg cited strong business momentum and AI advancements, highlighting nearly |
| 1:20.9 | 1 billion monthly actives for meta-AI. Daily active people on the family of apps climbed 6% to 3.43 billion, beating expectations. |
| 1:32.9 | Ad impressions rose 5% year over year, while the average price per ad increased 10%. |
| 1:39.6 | We're taking a deeper dive into Microsoft and Meta and giving you a preview of Amazon and Apple due |
| 1:45.9 | to report today in the Wall Street Breakfast newsletter. We have a link to sign up for the newsletter |
| 1:51.0 | in show notes. If you were on Seeking Alpha less than 12 hours ago, you saw an article that |
| 1:57.9 | said Tesla's board reportedly started the CEO search process before Elon Musk |
| 2:03.2 | pulled back from Doge. Well, as you wake this morning, that news is being refuted by Tesla's board chair, |
| 2:09.9 | Robin Denholm. The Wall Street Journal reported that board members had reached out to several |
| 2:14.9 | executive search firms about a month ago to begin the formal process to |
... |
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