From CNBC: > Growth rates are at their slowest since the dot-com bust in 2001. > The company recorded a $7.6 billion loss on its investment in electric vehicl

From CNBC: > Growth rates are at their slowest since the dot-com bust in 2001. > The company recorded a $7.6 billion loss on its investment in electric vehicle maker Rivian. > Earnings: $7.38 per share, adjusted, vs. $8.36 expected, according to Refinitiv https://www.cnbc.com/2022/04/28/amazon-amzn-q1-2022-earnings.html https://www.cnbc.com/2022/04/28/amazon-amzn-q1-2022-earnings... This is a terrible report for a company of the size and in the leading retail position that Amazon is. Amazon has never been a company where price to earnings ratios mattered much, but a 12% miss is not small potatoes. It bodes very poorly for earnings reports from second-tier consumer products companies and distributors.