Waste Of The Day: Town Manager's Snacking Spree

Google Dips After Search Revenues Miss; Capex Guidance Awaited As we wrote in our GOOGL preview, according to UBS and JPM analysts, the market would be watching two things above all else when Alphabet became the first hyperscaler to report earnings after the close today: capex guidance and monetization language, as "the debate has shifted from "how big is capex" to "who proves monetization and returns." And yet, in light of the massive expectations for capex growth, the company was facing "downside risk" it it disappointed the buyside bars which were...

Disney's Marvel Comics Faces Mass Layoffs And New Woke Leadership The saga of woke comics is the saga of woke America.  Much like video games, comics and superhero movies were ignored by conservative movements as "meaningless kids stuff" until recently, which is part of the reason why those industries were so easily invaded by leftists and used to indoctrinate millions of children and teens a decade ago. Culture is more important than politics.  This is obvious.  It's a fact that leftists have understood for generations and one that conservatives have foolishly...

Is The AI Spending Boom Creating A Depreciation Time Bomb? Via City AM, Big Tech's AI spending has exploded, with Google, Microsoft, Amazon, and Meta collectively investing hundreds of billions of dollars in infrastructure. Rapid technological change may shorten the economic life of AI servers and GPUs, increasing depreciation and replacement costs. The long-term profitability of AI will depend not only on demand growth but also on whether companies can justify the enormous ongoing capital requirements. The eye-watering capital expenditure plans of Big Tech has been one of the year’s biggest stories.  Google, Meta, Amazon, and...