>less incentive to maximize gains, more incentive to invest in R&D, employees, business costs etc...
Lol - realistically what do you actually think is going to take a lick here?
Hint: the incentive to maximize gains won't go anywhere - they will just find ways to do more with less.
Higher taxes on *profits* = less incentive to maximize gains, more incentive to invest in R&D, employees, business costs etc...
No need to focus on maximizing profits if youre just going to get taxed to death the more you make.
Checks and balances brother. The ultra wealthy are anti democratic and we need to defeat them.
And on top of that, China just extorted Elon to share all his self-driving tech with BYD in exchange for not being run out of the country. Buffet got billions in R&D for free.
Today’s event is the appetizer. WWDC they announce their AI initiatives. Puts if you think their R&D budget goes towards pizza parties. Otherwise buy calls.
Reaction to DIS earnings makes sense- D+ and Hulu profitability is great but ESPN is still dragging streaming revenue down. Password sharing crackdown will be a boon, plus I think if ESPN can get some solid sports betting revenue it could become super profitable.