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4.71.7K Ratings

🗓️ 28 October 2020

⏱️ 26 minutes

🧾️ Download transcript

Summary

Microsoft falls despite strong 1st-quarter results. Boeing announces more job cuts. Tupperware pops another 30% after crushing its 3rd quarter and continuing its run as one of the hottest stocks since March. Bill Barker analyzes those stories as well as the latest news from the beer industry. (Tangents include reactions to the L.A. Dodgers winning the World Series and more overrated/underrated Halloween candies.)

Transcript

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0:00.0

It's Wednesday, October 28th.

0:04.0

Welcome to Market Fullry. I'm Chris Hill with me today.

0:07.0

Mr. Bell Barker.

0:08.0

Thanks for being here.

0:09.0

Thanks for having me.

0:10.0

Right off the bat, let me say this is a short week for us here on market foolery. This is our last episode of the week

0:16.4

because our annual meeting kicks off today. Yes, the Motley Fool has an annual meeting for those of you among the dozens of

0:23.6

listeners who are relatively new. Thank you for listening. Yeah the Motley

0:27.2

Fool is is closing in on 500 employees and our annual meeting starts today. So

0:34.4

this is our last episode of the week. We'll be back on Monday.

0:35.5

And as I always say, check out the other Motley Fool podcast

0:39.2

whenever you get a chance.

0:40.6

Today we've got earnings.

0:41.8

We've got an update on the beer industry. We're going to start with the behemoth that is Microsoft.

0:48.0

First quarter profits and revenue came in higher than

0:55.0

expected for Microsoft, but guidance for Q2 was a little bit lower than Wall Street was hoping for

0:58.0

because the stock is down around 4% today.

1:08.0

Yeah, you know, we had talked earlier in the day, we sometimes do, about the idea of doing previously, you know, before the story so that people would have all the information they

1:14.2

needed to know as we actually hit stories and so I frequently do this

1:19.7

by the way as as you know many a great drama has done previously on the West Wing.

1:25.0

Yeah and so this actually is not a tangent this is going to be relevant to the

1:28.7

point so yes Microsoft is down 4% today but it's you know now up 30% instead of 35% for the year.

...

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