Twitter, Meta, Amazon

Markets. Down 20%. Was 25%, but rallied up 5% just this week.  GDP growth 2.6% (-1.6 and -0.6 in Q1 and Q2). So no recession…currently. Apple. +7%Amazon. -14% Meta. -25%Amazon. AWS insanely profitable. All other biz combined is break-even. Sales of $127b and Operating Income of only $2.5b (2%).Story: AWS $5.4b. All Other: $-2.9b. Everything losing money!! Tesla: $5b on $21b. Meta: meltdown. "Meta's results last night was an absolute train wreck that speaks to pervasive digital advertising doldrums ahead for Zuckerberg & Co. as they make the risky and head scratching bet on the metaverse," Wedbush analyst Dan Ives said in a report. Revenue flat to Q4 20 at $27b. NI 4.3 vs 7.8!! Viral Video (Play audio). Twitter: what “products” does a 23 yr old product manager manage? 71% off high. Mkt cap $265b. Was 913b.Headcount growth! The number of employees is up over 3x from 25k to 85k employees in just the last four years! Wants everybody to work in MetaVerse!? Brad Gerstner letter. To accomplish this goal, we recommend a three step plan that will double FCF to $40 B per year and focus the company’s teams and investments:Reduce headcount expense by at least 20%;Reduce annual capex by at least $5 B from $30B to $25B; andLimit investment in metaverse / Reality Labs to no more than $5B per year.The Netflix rebound.Hammered too hard initially. Reached “profitability” and growing. No one else has. Disney will. Amazon spending too much! Advertising more appreciated. Not affected by Apple tracking. A rich ocean to fish in. Comcast. Peacock has 15m subs and lost $614m in the quarter. Twitter takeover. Walks in with Kitchen Sink. Entering Twitter HQ – let that sink in!”Fires CEO and CFO and head lawyer. $100m in severance payDenies that he’ll fire 75% of workforce. Tesla engineers reviewing code. Employees walking out with boxes. Hoax? Just tweeted: Twitter will be forming a content moderation council with widely diverse viewpoints. No major content decisions or account reinstatements will happen before that council convenes.People threatening to leave.. Where? Truth Social, Parler? Tesla: Cruise vs Tesla FSD in SF. Recommendations: Upload.