• rumba@lemmy.zip
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    8 days ago

    I’m not entirely sure why the stocks are falling. Does anybody think they’re going to tidy up their profit margins? They’re going to walk around in armored limousines with security details. And the new administration is going to make absolutely certain they can still bulldoze their way through.

    • BradleyUffner@lemmy.world
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      7 days ago

      I’m assuming that investors think there might be a sea change in public opinion coming, which may drive some new, less profitable, legislation.

    • davidagain@lemmy.world
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      8 days ago

      One of them already walked back a “we will limit the amount of anaethestic you’re allowed in surgical procedures” they’d announced.

      The market sees that the CEOs fear for their lives and want to make it sound like they care rather than deny care, so profits will fall, because paying for healthcare is a lot more expensive than paying a call centre worker to say no.

      Hence the industry as a whole is less profitable, because, you know, what with death being so unpopular suddenly these days amongst healthcare CEOs.