Investing Power Hour #69: Big Tech Earnings; $SPOT Margin Woes; What the Hell Is Worldcoin?
Chit Chat Stocks
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Google Cloud's Operating Margin Goes From Negative 62% to 5%
Google's operating margin since Q1 of 2020 have gone from negative 62% to 5%. In what is that 14 quarters? So three and a half years. I think it's a really good example of the advantage that big tech has now, where they can lose money for a long time but come out with a more profitable business in the end.
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