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by JKCalhoun 238 days ago
Or they know something that the current Administration does not (or is withholding)? Maybe it's time to buckle up for a coming economic storm.
3 comments

I wonder if the company that makes part of its money from consumer goods shipped from China knows something about the impact of tariffs on consumer spending. They've probably already assessed the impact on their models of Black Friday and Christmas purchases and decided it looks bad.

(most of their money is from AWS, though. I wonder if AI is making that less stock-relevant.)

Oh no, they might only make $15 billion instead of $18 billion next quarter?
>Oh no, they might only make $15 billion instead of $18 billion next quarter?

Exactly. It's a for-profit company, not a charity or a jobs program.

At what point do we stop defending capitalism and realize that it's sucking society dry?
Lots of people realized it long ago. Hell, the Monopoly board game was meant as a cautionary tale. The fact that it's been repurposed as a way for MB to rake in tons of cash says something, I think.
> coming economic storm

We are already in it.