"I think it's going to get tough, and it should be tough. There's too many of us around," says Alex Mill Chairman Mickey Drexler on the #retail landscape
"Microsoft doesn't even have to win this arms race in AI, they just have to continue to be a thorn in the side of Alphabet," says @MalcolmOnMoney. "Alphabet is going to be continuously distracted and trying to catch up...which is really what Microsoft wants."
$GOOGL $MSFT
$TXN trading lower in after hours despite a Q4 EPS and revenue beat. The company forecasting a weaker Q1 due to falling demand
"I actually think that $TXN instruments is an important bellwether because of the move that we're seeing in semis," says @terranovajoe
"I think the data from $V and $MA will tell us a lot of about the consumer and whether we're still out there buying...[and] are we having to rely on credit to pay our day-to-day expenses," says @MalcolmOnMoney
"What's happening in #tech is that they are rightsizing after the Covid surge in demand," says @Gregtbranch on the recent wave of tech layoffs. "I'm not certain that it's meaningful enough to put a dent in the 3.5% unemployment number..."
$NFLX climbing in #Overtime after reporting Q4 revenue in-line with estimates and a miss on EPS. The company also reporting a big beat on subscriber count estimates. @JBoorstin reports: