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The layoffs and dividend are related -- the company's death rattle has been shaking a while now. Management is desperate to retain the confidence of the investo
by tech_buddha 2y ago
The layoffs and dividend are related -- the company's death rattle has been shaking a while now. Management is desperate to retain the confidence of the investor class.
- alphabetting 2y ago> death rattle Stock up 16% after hours.
- kernal 2y agoIt is a death rattle. For the short sellers, that is.
- StressedDev 2y agoI think most companies would love to being "dying" like Google "is". Seriously, Google is not dying and making obviously false claims is not helpful.
- tech_buddha 2y agoSpeaking as a shareholder here, a 2 trillion dollar valuation warrants extraordinary justification. Past performance is no guarantee of future results. As the AI models get better and better at compressing the world's information, people will be going directly to their model of choice
- nl 2y ago> a 2 trillion dollar valuation warrants extraordinary justification $320B annual revenue, 15% growth, $0.20 per share dividend and $70B share buyback. Enough said.
- zztop44 2y agoAnd it’s very likely that for 90% of people their model of choice will be at the other end of the Google/Chrome search box
- wnc3141 2y agoI could give more credibility to an argument for "stagnating" over "dying". A lot of mature companies are still hugely profitable.
- NtochkaNzvanova 2y agoTop 5 most valuable company on earth Massive YoY growth Massive cash horde, buybacks, dividends Target of endless legal actions due to market dominance "death rattle"
- kernal 2y agoTIL.Death Rattle is slang for Extremely Successful.