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by SpicyLemonZest
116 days ago
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One key piece of financial information in those reports is that that their revenue growth fell off a cliff when ZIRP ended (months before ChatGPT came out) and never recovered to even pre-Covid levels. There's no indication that their core business is unhealthy, and I'm not claiming to rule out that AI is related, but it makes sense that a company transitioning to "maintenance mode" might find itself wanting to be a lot smaller. |
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