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Stock prices down or revenue down? The former would do very little to support your point.
by BobbyJo 11mo ago
Stock prices down or revenue down? The former would do very little to support your point.
- hagbarth 11mo agoRevenue is all up. And as far as I can see beating expectations.
- wotWhytho 11mo ago[dead]
- paulddraper 11mo agoStock prices. The latter would do very little to support my point, as it doesn't consider future growth trends.
- bigstrat2003 11mo agoThe former does far less to support your point, because it's only indicative of what people expect to happen. It is not actually evidence that their predictions will come true.
- paulddraper 11mo agoI don't have any evidence for how revenue will change in the next quarterly report.
- BobbyJo 11mo agoYour point was that "they are being replaced by..." not "The market expects them to be replaced by...". The former would only be supported if their businesses were already actively being displaced (which may very well be the case), but the stock market only supports the latter. All of that being said, I do think what you're describing is happening, or at least will happen. I just don't think people placing bets on it happening counts as evidence.