The big bath theory used to be that, you know, so to give you like the real life example, right? I keep crashing my car, but if you crash your parents' car, it might be a good time to slip in. For companies, it's, oh gosh, this one-time item or this, whatever is going to be really bad this quarter. Let's throw all the bad stuff so that future quarters look great by comparison and management can write a comeback story.
S&P 500 companies mentioned “artificial intelligence” more than 1,000 times in the latest quarter, which is more than double from last year. Ricky Mulvey and Anand Chokkavelu took a look at the techniques behind “hand-wavy finance,” and how companies like to capture your attention. They discuss: - How Apple repeatedly “blew away” Wall Street analysts - The big bath strategy for reporting bad news - What previous hype cycles can teach investors about the latest, shiny new thing Companies discussed: AI, KR, GE, AAPL, META Host: Ricky Mulvey Guest: Anand Chokkavelu Engineer: Rick Engdahl
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