Investing Power Hour #56: No MSFT/ATVI Deal; Big Tech Earnings; Update on Banking Crisis
Chit Chat Stocks
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The Stock Price Reaction to Spotify's Cloud Costs
I thought all their user KPIs were great. The, yeah, I think the usage stuff with meta seems fine. It's not blowing it out of the water because if you look at a lot of these emerging markets, Instagram and WhatsApp are dominating but I think it's masking. Facebook seems to be doing fine, but I don't think the usage on there is probably stagnating in a few markets. They're actually doing that with what, how many people did they lay off like 20 something thousand versus more than 80 K? So well, big tech. If they do the buyback enough, they will be small cap tech and apparently the stock price stays at $20 forever.
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