The third quarter earnings reports are coming in! And Google’s was so good it knocked 12% off the stock price. Google Class A shares closed on Wednesday at $324.89. Today they closed at $283.82 — 1…
    • we is doomed!@lemmy.worldEnglish
      241·
      3 days ago

      their profits went up a huge amount, just not as much as the speculators had hoped for.

      Their data center spend was a little less than anticipated but their forward projections on data center spends is enormous.

      there’s no good news in any of this

    • spankysalmon@fedinsfw.appEnglish
      17·
      3 days ago

      Now if only it’d drop another 100% and leave those demons penniless, though of course that’s a pipe dream.