Another O/N Stick Save and Prop for the TECH - Surprise again.
Cutting jobs outright a la' MSFT, or our new favorite - "we're
slowing Hiring Velocity"
Or this GEM - "Hiring Rate of Change will slow"
It's as though Uber Karen has stolen the Bullhorn and run off to
the nearest Comedy Clown Show.
Netflix is down 68% YTD, and password sharing and outright cancellations
will have skied again. We'll see if they Pull a Tesla and begin reporting
"Streams Delivered"...
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The Financial Media is searching for its 11th bottom, citing a "Pendulum
overestimating the Gloom..."
Patience, there is more to this EPS season silliness dead ahead.