Microsoft Corp. shares fell more than 6% in after-hours trading Tuesday as the company’s cloud-computing growth hit a sudden deceleration and executives guided for holiday-season revenue to come in more than $2 billion lower than expectations. https://www.marketwatch.com/story/m...slows-down-and-misses-projections-11666728776
Some of these tech companies are all gonna just shrink with slowing economic production. People cant buy ads on Google & YT anymore if nobody is buying products (Goog also down). Apple needs to launch their ad network sooner than later. Get their stock through these tough times. Electric car aint gonna do **** right now.
Very curious about how AAPL is going to do. It's suspicious there's been multiple articles about apple reducing production... is it to dampen expectations? is it shorts spreading fud?
The ad platform is terrible right now. So bad. CPL easily up 3x since iOS update. Less engaged use. IG ads don't work as well across many industries. It deserves to be in trouble.
Amazing how Apple just knifed Meta with the tracking changes. Combine that with falling engagement and a bad economy (so companies are cutting back on ad spend) and everything looks terrible. Meta is a mature company with slow growth now. At this point, they might as well cancel the metaverse investment and start returning dividends back to shareholders.
I got 1 single put around the time I posted. Just to gamble for fun. It expired 11.11 and cost $420. How could I not. I sold up like $80 bucks lol. Still catching some REAL indirect gains via SQ though. Yeehaw.
