Squawk on the Street Aviation Tragedy, Southwest Airlines CEO, "Mag 7" Earnings Reaction, The View from OpenAI 1/30/25
Jan 30, 2025
Bob Jordan, CEO of Southwest Airlines, shares insights on the tragic collision involving an American Airlines jet and an Army helicopter, stressing the importance of air safety. He also discusses the company's quarterly results amidst significant industry scrutiny. Kevin Wheel, Chief Product Officer of OpenAI, elaborates on the company's advancements in AI technology, navigating challenges posed by DeepSeek, and the implications for future innovations. The conversations provide a compelling look into the intersection of aviation and tech in today's evolving landscape.
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Tragic Plane Crash
- An American Airlines jet collided with an Army Black Hawk helicopter near Reagan National Airport, resulting in no survivors.
- A search and recovery mission is underway, with 27 bodies recovered from the plane and one from the helicopter.
Runway and Congestion Concerns
- The crash raises questions about airport congestion and the use of Runway 33 at Reagan National.
- The collision happened at 300 feet above the surface as the American Eagle flight was coming in on final approach.
MAG-7 Earnings Reactions
- Meta's Q4 earnings show a doubling down on AI investment, and Tesla's plans for cheaper EVs overshadow a quarterly miss.
- Microsoft's cloud growth guidance disappointed, despite better-than-expected results and increased AI integration in Azure.