Jan 23, 2023
6:26:05pm
6:26:05pm
Funny thing is the money really hasn’t dried up for a lot of the companies
They are hedging a potential recession and looking to boost their stock prices which have absolutely been hammered.
Take Alphabet as an example. Last quarterly earnings reported show Net Income of just under $14B and net new cash of just over $4B. That’s for the quarter not annual. Money hasn’t dried up.
Take Alphabet as an example. Last quarterly earnings reported show Net Income of just under $14B and net new cash of just over $4B. That’s for the quarter not annual. Money hasn’t dried up.
Originally posted on Jan 23, 2023 at 6:26:05pm
Message modified by Tare on Jan 23, 2023 at 7:18:25pm
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