What the Headlines about Tesla, Snap, and Twitter “Earnings” Should Have Said

How can the media be so gullible – and pliable? I don’t know either. When Snap reported “earnings” this week – in quotes because it was its biggest loss ever – media headlines were euphoric, from TechCrunch (“Snap shares skyrocket on first earnings beat with revived user growth”) to The Wall Street Journal (“Snap Climbs Back Above IPO Price After ‘Shocker’ Earnings”).