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re: Meta to lay off thousands more just weeks after cutting 11,000 jobs
Posted on 3/9/23 at 10:29 am to the_truman_shitshow
Posted on 3/9/23 at 10:29 am to the_truman_shitshow
quote:
Let's say Black Rock and the WS hegemony decide to "invest" in META and other Big Tech, not based on future earnings ROI but merely based on politics, i.e. ESG.
Couldn't that also move the needle?
It's a possibility. I think that once the share price reflects the value of the core business, it is likely.
One thing you notice about where Blackrock parks their money - it has to be an investment that makes financial sense, so the cycle can continue. A parasite wants a fat host to live off of not a sick host.
This post was edited on 3/9/23 at 10:31 am
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