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submitted 1 month ago by GeneralInterest@lemmy.world to c/technology@lemmy.world

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"Fidelity is currently valuing X at about $9.4 billion"

I found this funny.

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[-] thesporkeffect@lemmy.world 4 points 1 month ago

Interest on loans, payroll, cloud infrastructure e.g. AWS

[-] Showroom7561@lemmy.ca 2 points 1 month ago

Those are mostly operating costs, offset by revenue, but are they actually losing 1.5 billion dollars a year? I mean, I hope so, but are they really?

this post was submitted on 30 Sep 2024

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