TSLA
Tesla
-- 462.280 NVDA
NVIDIA
-- 140.220 PLTR
Palantir
-- 82.380 MSTR
MicroStrategy
-- 358.180 AMD
Advanced Micro Devices
-- 126.290 
The impact of new media on traditional media is like cars replacing horses, not cyclical.
Looking back, there was an abyss behind $Warner Bros Discovery (WBD.US)$ It's hard to believe that Malone's company could have such poor corporate governance, with revenues missing by $300 million, a non-cash goodwill impairment of $9.1 billion (really "excellent" capital allocation), and a free cash flow decline of 43% to about $1 billion.
The revenues from theaters, networks, and DTC are all declining. Zaslav, the CEO of the media industry whom I think is the most overpaid, can still say in the conference call, "I think we are in a good situation," which is such a brazen statement! This stock has probably trapped many reputable "value investors" who believe in Zaslav/Malone.
$Disney (DIS.US)$ is no better. Many people still hold on to it thinking it's an advertising cycle, but as we discussed before, it's actually one industry's dimensional reduction strike against another.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Ma-Ke-Mo-Ney : it's a disruptive generation right now. these giants' successors still think they own the golden bowl comfortably from their grandparents... be prepared for their own funeral. Never be too stubborn for change. Kids don't study ABC at school anymore... only babies