Pre Earnings: - sort of anti Tesla from wallstreet perspective as only three of the 55 analysts covering the company have a hold-equivalent rating, and none re

Pre Earnings: - sort of anti Tesla from wallstreet perspective as only three of the 55 analysts covering the company have a hold-equivalent rating, and none recommend selling - curious to see how ot reacts given that facebook just got beat up, self inflicted and deserved, over the past few days. Numbers: - Q2 revenues of $52.9 billion, up from $51.0 billion previous quarter. analysts estimates of $53.35 billion. - EPS $5.07, Est. $2.49 - Net Sales $52.9B, Est. $53.35B - operating income $2.98 billion, estimate $1.71 billion - AWS net sales $6.11 billion - Amazon Web Services net sales +49%, assume this is the market growing as Azure is really killing it right now and google cloud is doing respectible at the moment. - smaller platform providers should at this point be considering their life span to be under 5 years and probably closer to 2 years. Other: - Continue to focus on Alexa, must really believe that loosing this market to Google will serverly harm the company because it can't possibly be returning any value based on what they spend on it - Bezos just added about 5 Billion in networth to jump to $155 Billion - probably won't mention Toronto's chances of getting HQ2, almost certainly better for city to not win and give no concessions than to win and give up alot in terms of tax and land concessions to amazon. Good chance that the city that gets HQ2 loses in the long term because of it. - Prime membership count continue to rise. Last prime day was their largest ever.