Meta Platforms Soars
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 27 April 2023
⏱️ 10 minutes
🧾️ Download transcript
Summary
Our links:
Wall Street Breakfast:
Seeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.
Seeking Alpha Premium:
A comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.
Alpha Picks:
Alpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.
Wall Street Breakfast on Twitter
Show links:
Tyson Foods to cut hundreds of corporate, senior leadership staff - report
Nasdaq futures pop on Meta; S&P, Dow up as First Republic stabilizes
Mike Fay with BlockChain Reaction
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. |
| 0:07.6 | Good morning, today is Thursday, April 27th, and I'm your host Julie Morgan. |
| 0:13.0 | Meta Platforms is trending higher following its earnings report Wednesday. |
| 0:18.0 | The company beat on top and bottom lines. |
| 0:21.0 | Today is crypto Thursday. We're hearing from our weekly contributor Mike Faye. |
| 0:26.0 | He's the investing group leader of blockchain reaction on Seeking Alpha. |
| 0:30.0 | It was the stairs up and the elevator down for Bitcoin on Wednesday. |
| 0:34.8 | He's also talking about the number two coin, Ethereum. |
| 0:38.4 | Biogen closed the day Wednesday up 2%. |
| 0:42.0 | This after Medicare agreed to cover a new Alzheimer's drug. |
| 0:45.0 | Our top story. |
| 0:47.0 | Meta Platform's stock is up 11% pre-market, |
| 0:51.0 | following first quarter earnings where it easily beat expectations on top |
| 0:56.1 | and bottom lines thanks to a better than expected ad recovery at its flagship Facebook |
| 1:02.2 | platform. |
| 1:03.0 | Meta Platform's Q1 Gap BPS of $2.20, beat by 23 cents. |
| 1:10.0 | Revenue of $28.65 billion dollars beats by 990 million dollars and is up nearly 3% year over year. |
| 1:19.2 | Facebook Daily active users rose 4% to a better than expected 2.04 billion and monthly active |
| 1:27.1 | users were 2.99 billion roughly in line with expectations. |
| 1:32.6 | For the wider family of apps, including Instagram and |
| 1:35.8 | WhatsApp, daily active people rose 5% year over year, |
| 1:40.9 | and monthly active people rose 5% both beating consensus. |
... |
Please login to see the full transcript.
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 2026.