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The Fed’s Endgame, Alaska Air Turbulence, and Alphabet’s Bull Case 7/25/23

The Exchange

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Alaska Air's Worst Day in 16 Months

The company sees sales growing about eight to 10% this year versus analyst expectations of about 11%. For more, I'm joined by our Phil Lebow along with the CEO of Alaska air. Ben Minikuchi: We're seeing some deceleration in our unit revenues heading into Q3. And that's why you have a guidance in terms of rasm revenue per available seat mile that is below what analysts are expecting for the third quarter.

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