The unbiased dollar continues to cheerlead value destruction by current management. $6B loss and lower than low 2Q guidance. The only thing supporting the stock price is the Broadcom offer.
No emotion here. Just the numbers.
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$6B loss per quarter........... slow clap. Beat that Octane.
The unbiased dollar appreciates the one-time tax benefits. Thanks Mr Trump.
I am jack’s biased $2 merger arb spread