Wall Street Breakfast Earnings dilute tariff concerns
May 2, 2025
Recent earnings reports from major tech and non-tech companies reveal a mixed bag, with Starbucks and UPS facing challenges that cast doubt on their futures. This week’s spotlight shifts to Apple and Microsoft, highlighting their contrasting performance amidst tariff pressures. Upcoming earnings from companies like Palantir, Disney, and Ford add to the intrigue. Meanwhile, Amazon navigates tariff turbulence, aiming to streamline its messaging while tackling potential costs head-on. The overall sentiment reflects a cautious optimism in the market as analysts weigh these implications.
AI Snips
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Transcript
Episode notes
AI Validated by Microsoft & Meta
- Microsoft and Meta earnings show AI's strong growth and investment.
- These results reassure investors that AI remains a major tech driver despite other weaknesses.
Market Bifurcation: Tech vs. Others
- Non-tech sectors like Starbucks and UPS show mixed or uncertain earnings due to economic and tariff worries.
- This bifurcation signals tech's future optimism vs. broader market caution on economic outlook.
Tariff Exposure Splits Tech Stocks
- Microsoft is seen as tariff-proof due to software services, while Apple faces supply chain and tariff risks.
- Market reaction to their earnings will show a tech split based on tariff exposure.