Their sorters and drivers benefitted from having a paycheck. Meant nothing to AMZN's stock price or it wouldn't have topped 15 months ago (near height of pandemic) and now be almost cut in half!
Banks were shopping Musk backed Twitter debt last week at .72 on the dollar with no takers. Shopping it today at .60 on the dollar and apparently still no takers.
Old ways always work. Was halfway prepared this time around. Sometimes the old really old grey beards are correct. The hype cycle played itself in a very predictable fashion. Akuma long Ag
Buying Twitter was like Bezos buying the Washington Post. Do you think Bezos did that because he though newspapers were going to become an up and coming highily profitable business? It's not about turning a profit. It's about having a means to control or direct discourse in to country. Now either one of them can tell people like Biden, if you screw with me I'll let the public hear everything about (pick your favorite corruption here). If Musk wants to he can tweet a new picture every day of the week of the various whores Hunter Biden has been sleeping with. Anyway, I don't think the bust has really even started yet. Let me know when unicorns like Snapchat start dying.
Buying twitter was nothing like buying the Washington Post. Twitter was bought out of an unthinking egoistic boast and it will go down in history as one of the top 10 worst deals ever made. If it really mattered what a President's children were up to, we'd know why the Saudi's gave Jared Kushner and Ivanka Trump $2 Billion dollars.
Another tech bubble bursts: 2022 has been brutal for Silicon Valley workers The breadth of the layoffs this year is breathtaking, affecting every part of the tech sector from farming robots and cryptocurrency to social media and semi-autonomous vehicles. https://www.nbcnews.com/tech/tech-n...-2022-brutal-silicon-valley-workers-rcna56435
Well, the parking lots are all filled at the 2nd-hand shop stores.... But that can't be. Didn't Biden say we're doing better than ever? Or something to that effect...
This didn't age well. In particular, Meta up 156% since this post ( 8 months ). Most of big IT up since.
This article didn't age well and was a perfect bottom call for the NASDAQ. No surprise Axios is a political online rag that doesn't know shit about markets.