MSFT - beat Q3 EPS $2.45 Est. $2.24 Revenue $52.9B Est. $51.12B GOOG - beat Q1 EPS $1.17 Est. $1.08 Revenue $69.8B Est. $68.87B AMAZON and APPL will beat as well Enjoy by ordering some good food mates
Will need to see how banks are doing. This data could be due to massive layoffs.
That was the point of the layoffs… mission accomplished!
Yeah exactly so we can’t say for certain now…
These doesn’t matter. What’s the forward looking guidance is like? ENPH beat forecast but slumped 20% aftermarket due to weak forward looking statements
Wall Street wants to see the rate of growth increasing
Google’s earnings were not that great. Only 3% quarterly growth (1Q 2023). This is similar to IBM earnings growth
Recession still underway. Tech just tends to get blasted first. Hopefully, tech recovers first as well. Other industries will follow suit
More pain to come
They want growth forever and we can't give growth forever. This is unsustainable.
Non stop growth is like a cancer eventually the patient will die from either the cancer it self or other complications
Bank crisis contained ? Using make believe money to stop the bank collapsing. Unemployment at 3.5% and need to go to 4.5 to Tame inflation, record high corporate debt at record high interest rate. How to pay for the up coming obligation ? We’ll find out
More like delayed
Bailed out
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Yet layoffs are not done
What do you mean Siemens. They already paid well into Q3 and Q4 with severance.
@siemens what kinda shit are you high on? Layoffs cost much more money on the short term because of severance, which is basically accelerated salary for n months, so it’s the opposite