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Does anyone feel lile commenting on why stock price fell after this?
by dfps 7y ago
Does anyone feel lile commenting on why stock price fell after this?
- vitaflo 7y agoBecause earnings came in below forecast.
- mruts 7y agoWhy would you expect it to go up? The market was already pricing in the expected sales and clearly the number in the spreadsheets before the second quarter report was higher than the real actualized value that was released.
- adventured 7y agoEffectively zero net income or operating income growth ($2.6b vs $2.5b; and $3.1b vs $3.0b), despite 20% sales growth. The market generally dislikes it when margins contract. Plus, AWS growth dropped to 37% from 49%, year over year. I consider that a great number given their size is approaching that of Oracle. However, every headline likes to hang on the persistent decline in AWS growth. It's a very large part of what's propping up the enormous AMZN valuation. As goes AWS, so goes the AMZN stock.