Shareholders most likely will be wiped out
Q4 2022 GDP report is out. The US economy grew at a 2.9% annual rate in Q4 2022. For the full year, the inflation-adjusted real GDP grew 2.1% in 2022…
Both Revenue and EPS beat expectations
But revenue only grew 2% YoY
Who ultimately owns OpenAI??
No surprise
Founder/CEO Reed Hastings is stepping down
1
Digital transformation spending is slowing down
Nelson Peltz wants to fix Disney
ETH is up 30+% YTD
Revenue up 17% YoY
Down from 7.1% in November