"These fever dreams are stupid. They're going to waste tens of billions of dollars," says John Sutter. "I would not tell anyone to go short the stock right here, because it's trading at a price earnings ratio that is just crazy" The hard part is, do you enter in a death spiral? asks Sutter.
Kara and Scott discuss the headwinds Elon Musk and Twitter employees will face, as well as disappointing earnings reports for big tech. Warner Bros. Discovery will pay $1 billion to downsize, and Adidas has terminated its partnership with Ye. Then, a listener question for (specifically) Kara.
*Note: This episode was recorded on Thursday morning and reflects the news at that time.
You can listen to Kara’s new show, On with Kara Swisher, here.
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