Sigh....
...random analyst, plucks random data out and makes 1+1 = -50.
Many companies run many projects at a loss as they build up, heck even most little shops run at a loss in the first year or two. This is not news or even newsworthy.
They are expanding at a massive rate and building out at huge cost. As the market slows down and the "me too's" drop off, the big boys will pick up a lot of the slack, and slow down the expansion as the market matures. That's when they will start to make money.