DURING THE FALL
3Q EARNINGS SO FAR
Happy Friday War & Peaceniks! Ready for a Fall?
3Q earnings season started this week, and with rare exceptions, it was a bloodbath - especially for tech.
So far: Apple, Amazon, Microsoft and Meta all disappointed. Twitter becomes a private birdbath today. Netflix rebounded. Comcast flattened. And the digital Ad Biz looks to be driving off a cliff without a bridge.
I’ll be doing a much deeper dive on Monday, but wanted to get you this quick snapshot to mull until then.
Come back then for the full picture next week. Until then…
