Wall Street Breakfast November 15: Amazon Will Reportedly Layoff Thousands

Wall Street Breakfast

Seeking Alpha

Business, Investing, Business News, News

3.8 • 950 Ratings

🗓️ 15 November 2022

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Amazon (AMZN) reportedly plans to lay off about 10K employees. Google (GOOG) (GOOGL) to pay a record $391.5M to states in location-tracking probe. FedEx (FDX) to furlough freight workers through the holiday season. Learn more about these stocks with a free trial of Seeking Alpha Premium here.

Transcript

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0:00.0	Welcome to Seeking Alpha's Wall Street breakfast, your daily source of market news and analysis.
0:06.8	Subscribe to this podcast on Apple Podcast, Spotify or Stitcher.
0:11.1	Good morning. Today is Tuesday, November 15th, and I'm your host Julie Morgan.
0:15.9	Our top stories.
0:17.3	Amazon plans to lay off thousands of employees.
0:20.5	FedEx is for lowing freight workers.
0:22.6	A court keeps a block on student loan debt forgiveness.
0:26.0	Google has to shell out more than $390 million.
0:29.8	AppLoving is in our day watch,
0:31.9	and more layoffs at Tencent.
0:35.0	So what exactly is the quant rating?
0:37.2	How do you come up with it?
0:38.6	Fair questions and two questions that Seeking Alpha gets quite often.
0:43.0	The Quant Rating is Seeking Alpha's way of telling you how they feel about a stock, buy, sell, or hold.
0:49.0	You can find the Quant Rating on the stock's dedicated page on Seeking Alpha.
0:53.8	It also has other information like earnings dates
0:56.8	and how well the stock has performed over a certain period of time.
1:00.5	It's exactly what I use to prepare for the podcast each day.
1:04.0	If you want this same information about a stock you're researching,
1:08.0	you can have it with a Seeking Alpha Premium account,
1:11.0	and you don't have to commit before you know anything about it.
1:14.4	Go premium free for seven days, yes an entire week and getting started is easy
	...

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