26 min
Twitter, Meta, Amazon Breakaway - Investing & Finance
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- Investing
Markets. Down 20%. Was 25%, but rallied up 5% just this week. GDP growth 2.6% (-1.6 and -0.6 in Q1 and Q2). So no recession…currently. Apple. +7%Amazon. -14% Meta. -25%Amazon. AWS insanely profitable. All other biz combined is break-even. Sales of $127b and Operating Income of only $2.5b (2%).Story: AWS $5.4b. All Other: $-2.9b. Everything losing money!! Tesla: $5b on $21b. Meta: meltdown. "Meta's results last night was an absolute train wreck that speaks to per...
Markets. Down 20%. Was 25%, but rallied up 5% just this week. GDP growth 2.6% (-1.6 and -0.6 in Q1 and Q2). So no recession…currently. Apple. +7%Amazon. -14% Meta. -25%Amazon. AWS insanely profitable. All other biz combined is break-even. Sales of $127b and Operating Income of only $2.5b (2%).Story: AWS $5.4b. All Other: $-2.9b. Everything losing money!! Tesla: $5b on $21b. Meta: meltdown. "Meta's results last night was an absolute train wreck that speaks to per...
26 min