
Investing Power Hour #69: Big Tech Earnings; $SPOT Margin Woes; What the Hell Is Worldcoin?
Chit Chat Stocks
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The Problem With the Company's Operating Expenses
I actually came away a little disappointed this quarter. It feels to me like Groundhog Day where it's, we've seen no margin, no real margin improvement. I hope they don't have to do that on an ongoing basis. The biggest spending problem might be in the operating expense line because we look at their R&D spend. Over 400 million euros in R&D spends last quarter, which I think is quite high for a company of this size.
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