Why are investments considered losses? It always seemed unintuitive to me as a layman. You made the profit and it's free to use however you want... investing it is a loss?
IIRC investments are any transactions which increase the assets in the balance sheet. Losses are outflows net of inflows.
In abstract terms, one is about stock and the other about flow of spend.
Because traders are short-sighted and demand the profit line always goes up.
They're also horrifyingly risk-averse. A temporary dip in profit because money is being spent on expanding is a negative signal to them.
I regret someone convincing me not to buy TSMC stock about 5 years ago because of their high CapEx. I would have 5x'd my money since then.