Big Tech Falls on Earnings
MRKT Matrix
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The Bear Thing: Margins Will Continue to Contract
I think it's incredibly important, but it's not at a pivotal point yet because we came from such an elevated level. So there was room for margins to contract before they actually caused a problem or before investors had to trade because of them. We've been cheering this drop in inflation all the way down,. And it is good that it's not putting more pressure on consumers. But as revenue falls, margins are going to fall.
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