Revenue is sinking faster in month over month basis. Expect huge decline of 39% in EBIDTA (earnings before interest, taxes, depreciation, and amortization) and cash flow for rest of the year.
Worst is yet to come!
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Where is the all knowing guy that repeats the d-mb “Marisol” phase and works in licensing and knows everything. You show him one little fact and he stops cussing and disappears
What is your definition of a recession? I am using the definition of Milton Freedman and every other economist for the past 200 years. Are you using the definition made up by the current administration and if so could you kindly define this definition.
Tech has been laying off in prep for an upcoming recession. It hasn't started yet. Profits in general are still up. Qualcomm is a cluster f*. There is no light at the end of the tunnel here.
Humm….. have you heard of something called a recession? It would appear a lot of tech companies are doing layoffs and are in cost cutting mode. At the moment we appear to be in an AI bubble - which would explain why those companies are the only ones hitting highs…. But heck who knows…. Qualcomm may be paying off the SEC, federal reserve and US treasury to make up the recession, inflation and layoffs