That was a bad report. Why can't Amazon make money? Must be really bad management. Missed on EPS and Revenue and guided lower. The stock is why overpriced with a PEG of almost 7. This stock will sell off tomorrow. Great company but poor performance.
Sentiment: Strong Sell
I disagree, watch and learn. AMZN exploring new markets. This quarter's loss is the cost of doing business. Overall revenue went up. Weak hands out tomorrow morning and then up from there.
not making money, only takes a couple of institutions to book gains before correction