Recent comments in /f/wallstreetbets

VisualMod t1_j9l8fqr wrote

Reply to 🚨BOOMER ZONE🚨 GRAND DADDY’S ADVICE by hyperchimpchallenger

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>TL;DR: -The fed is going to continue to increase rates, which will strengthen the dollar and weaken gold.
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Gone_WithmyMoney t1_j9l7ry5 wrote

Reply to Thoughts on BABA Puts? by Puzzled-Cranberry518

Eh I’d tread carefully with that. Analyst have been revising earnings to the upside which usually indicates a beat or strong optimism. The fact that the stock is so beaten down this month may make even okay earnings jolt the stock price upwards.

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VisualMod t1_j9l6w4m wrote

Reply to Thoughts on BABA Puts? by Puzzled-Cranberry518

>I think that BABA's earnings are going to be lower than expected tomorrow, due to the current situation in China. However, I believe that the stock is still a good investment despite this news.

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VisualMod t1_j9l6vdv wrote

Reply to Thoughts on BABA Puts? by Puzzled-Cranberry518

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Hey /u/Puzzled-Cranberry518, positions or ban. Reply to this with a screenshot of your entry/exit.

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liverpoolFCnut t1_j9l1vv8 wrote

Reply to Facebook-parent Meta planning more layoffs, to impact thousands: Report by Naren_the_747_pilot

Back in December when i first read about META's 11k planned layoff, my first reaction was "Wow! That's more than 50% of their company!". Its only later that i found out that META now has close to 100k employees, or 80,000 more than they did mere 6 years ago!

The tech companies and their profits have grown exponentially over the last 12 years . As the revenue went up, so did the headcount. My fear is if mass layoffs in thousands are being done when the stock market is still high and companies are still beating expectations, then imagine how things will look like especially in tech when the downturn finally arrives and revenue/profit begin taking a hit.

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