No one ever went broke taking profit off the table. You are up bigly. Take the money and run.
Ya, this is in anticipation of a broader market drop, nothing to do with MSFT in particular.
Lightning Lord Rule
if you aren't sure either way, set a tight trailing stop on your position. Protects your gains while getting some more alpha if it shrugs off a down move and keeps charging.
Amazon is a dead company. Retail makes no money and AWS at this point repackages open source projects and sells them to you as managed services. There is no innovation going on there. They missed AI. Now they’re trying to catch up with Q released at ReInvent but they’re too late to the party on that. AI coding assistant? Codewhisper is garbage.
So they've become IBM, the thing they set out to destroy.
All I can tell you is azure is a solid product. Not sure what percentage of their revenue/profit it makes up but they bring in the same revenue as aws while holding way less market share.
Amazon is a dead company. Retail makes no money and AWS at this point repackages open source projects and sells them to you as managed services. There is no innovation going on there. They missed AI. Now they’re trying to catch up with Q released at ReInvent but they’re too late to the party on that. AI coding assistant? Codewhisper is garbage.
Jassy is absolutely clueless and capitulating to institutional investors who are bleeding out the company’s best talent. You know they have an unregrettable attrition rate right? Stacked ranking that forces managers to fire someone even if their entire team are rockstars. Imagine spending 150-250k to spin up an engineer then have to fire them. Average software engineer lasts 1.5 years there. That makes 0 sense. It takes at best 6 months to make an engineer be a real contributor. One year they’re hitting their stride.
Amazon is a day 2 company now. Day 1 went out the door with bezos.
Elements of Amazon’s Day 1 Culture | AWS Executive Insights
Amazon's "Day 1" mentality is a culture and an operating model that puts customers at the center of everything Amazon does. Putting "Day 1" into practice relies on maintaining a long-term focus, obsessing over customers, and bold innovation.aws.amazon.com
Pretty much yes.
Microsoft spent the entire Balmer years as a stagnant, shackled leviathan. They did this intentionally. They grew out of it.
And in either condition, they get to charge you exorbitant rent.
Eh. Some of it makes sense on paper. Lots of companies are able to completely axe internal software teams for managed service alternatives. That makes sense but just be weary if it’s a one way door especially with your data. I will say companies should really keep their eyes on provider SLAs because they could be getting a bit of free service time. It adds up.
Amazon may do this too but it won’t be in the next decade by any means.
