Mike Durelli

[Cassandra Unchained @michaeljburry]

Wrong direction. This is like Nordstrom’s opening up Nordstrom’s Rack. But Neiman Marcus opens up Neiman Marcus Rack, Bloomingdale’s opens up Bloomingdale’s Rack, Dillard’s opened up Dillard’s rack.

In the end all it proves is there are too many clothes for sale.

Meta pops 9% as company makes cloud push to sell excess AI compute power capacity https://t.co/GlHKTs0QN5